Global Remote Monitoring and Control Market - Industry Trends and Forecast to 2026

  • Semiconductors and Electronics
  • Upcoming Report
  • Sep 2019
  • Global
  • 350 Pages
  • No of Tables: 60
  • No of Figures: 220

Global Remote Monitoring and Control Market By Type (Solutions, Field Instruments), By Industry (Oil & Gas, Power Generation, Chemicals, Water & Wastewater, Pulp & Paper, Metals & Mining, Food & Beverages, Pharmaceuticals, Others), Geography (North America, South America, Europe, Asia-Pacific, Middle East & Africa) - Industry Trends and Forecast to 2026

Market Analysis: Global Remote Monitoring and Control Market

Global remote monitoring and control market is set to witness a substantial CAGR of 5.20% in the forecast period of 2019 to 2026. The report contains data of the base year 2018 and historic year 2017. This rise in the market value can be attributed due to surging industrial automation demand coupled with requirement of industrial mobility which is likely to propel the market. There was a high demand from the industries such as airports, factories, network operation centers, and space crafts.

Market Definition: Global Remote Monitoring and Control Market

Remote monitoring and control are the systems that are being designed to control large facilities like plants, factories, airports, network operation centers with automation. Remote monitoring and control may get information from the sensors, user inputs, and many others and accordingly it will send the instructions to computers or other devices. It can monitor the humidity, temperature and pressure, with the help of data received it assists the network administrators to work efficiently.

Market Drivers:

  • The surging demand for industrial automation, is driving the growth of the market
  • The optimum utilization and efficiency of assets, is propelling the growth of the market
  • For remotely managing the process industry the demand for industrial mobility has surged, which has boosted the market growth
  • The increasing awareness about energy efficiency, is driving the growth of the market

Market Restraints:

  • The downfall of petroleum prices which has plunge the markets of global process industries, is hindering the growth of the market 
  • The difficulties in the implementation of the services, is restraining the growth of the market
  • High cost associated for the implementation, is hampering the market growth

Segmentation: Global Remote Monitoring and Control Market

By Type

  • Solutions

    • Supervisory Control and Data Acquisition

      • Human-Machine Interface
      • Remote Terminal Unit
      • Programmable Logic Controller
      • Communications Systems

        • Wired Communication Systems
        • Wireless Communications Systems

    • Emergency Shutdown System

      • Pneumatic
      • Electrical/Hardwired
      • Fiber Optic
      • Radio Telemetry

  • Field Instruments

    • Pressure Transmitter

      • Absolute Pressure Transmitter
      • Gauge Pressure Transmitter
      • Differential Pressure Transmitter
      • Multivariable Pressure Transmitter

    • Temperature Transmitter

      • Resistance Temperature Detector
      • Thermocouple
      • Universal
      • Multichannel

    • Humidity Transmitter

      • Capacitive
      • Resistive
      • Thermal Conductivity

    • Level Transmitter

      • Capacitance
      • Ultrasonic
      • Radar
      • Displacer
      • Magnetostrictive

    • Flowmeter

      • Magnetic Flowmeter
      • Coriolis
      • Ultrasonic
      • Vortex
      • Multiphase
      • Thermal
      • Variable area
      • Differential Pressure
      • Turbine

By Industry

  • Oil and Gas
  • Power Generation
  • Chemicals
  • Water and Wastewater
  • Pulp and Paper
  • Metals and Mining
  • Food and Beverages
  • Pharmaceuticals
  • Others

By Geography

  • North America

    • U.S.
    • Canada
    • Mexico

  • South America

    • Brazil
    • Argentina
    • Rest of South America

  • Europe

    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia
    • Turkey
    • Switzerland
    • Belgium
    • Netherlands
    • Rest of Europe

  • Asia-Pacific

    • Japan
    • China
    • South Korea
    • India
    • Australia
    • Singapore
    • Malaysia
    • Indonesia
    • Thailand
    • Philippines
    • Rest of Asia-Pacific

  • Middle East & Africa

    • South Africa
    • Egypt
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Rest of Middle East & Africa

Key Developments in the Market:

  • In December 2017, Honeywell had launched Connected Plant Thermal IQ. It is a cloud based remote monitoring system which enables to manage and monitor the thermal process data and also enables the customers to improve their asset performance. The launch had enabled the users to know about the potential threats which allow them to plan beforehand.
  • In October 2016, Keri Systems, Inc. had launched Remote Monitoring and Control Interface. It is a reliable monitoring interface which can be used to protect employees, business and assets. The launch has helped the user to prevent the immediate threats and problems in the business.

Competitive Analysis

Global remote monitoring and control market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of customer of remote monitoring and control market for global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.

Major Market Competitors/Players

Few of the major competitors currently working in the global remote monitoring and control market are ABB, Siemens, Honeywell International Inc., Emerson Electric Co., Yokogawa Electric Corporation, GENERAL ELECTRIC, Schneider Electric, Rockwell Automation Inc., Fuji Electric Co., Ltd., Endress+Hauser Management AG, KROHNE Ltd., Azbil Corporation, Brooks Instrument, Danfoss A/S, HIMA, ICONICS, Inc., Hitachi Ltd., Johnson Controls, Mitsubishi Electric Corporation, OMRON Corporation, Proserv UK Ltd., Sierra Instruments, Inc., VEGA Grieshaber KG, WIKA Alexander Wiegand SE & Co. KG among others.

Research Methodology: Global Remote Monitoring and Control Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Key Insights in the report:

  • Complete and distinct analysis of the market drivers and restraints
  • Key Market players involved in this industry
  • Detailed analysis of the Market Segmentation
  • Competitive analysis of the key players involved


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