Market Share of Remote Monitoring and Control Industry
The Remote Monitoring and Control Market is competitive and is fragmented by nature. The market vendors are focusing on expanding their customer base across globally. The companies are leveraging strategic collaborative initiatives to increase market share and profitability. Key players are Emerson Electric Co., Honeywell International Inc., Schneider Electric SE, and others. Key developments in the market are -
- December 2021 - Yokogawa Electric Corporation released OpreX Managed Service - Cloud edition, solution that supports remote monitoring and maintenance of OT/IT field assets using a cloud platform provided by Yokogawa. By visualizing information on each device's performance, reliability, and security for the entire plant system.
Remote Monitoring & Control Market Leaders
Emerson Electric Co.
Honeywell International Inc.
Schneider Electric SE
General Electric Co.
ABB Ltd.
*Disclaimer: Major Players sorted in no particular order
