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Operational technology market is expected to gain market growth in the forecast period of 2021 to 2027 at a CAGR of 6% in the above-mentioned forecast period.
It monitors and manages operational technology, industrial process assets and manufacturing/industrial equipment. OT has existed much longer than IT or information technology since factories, buildings, transportation systems, and utility industries began using electrically powered machinery and equipment. However, this term is more recent. Basically, OT is the hardware and software that keeps factories, power plants, and facility equipment running.
Operational Technology Market, by Component
Field Devices
- Valves
- Actuators
- Transmitters
- Switches
Control System
- SCADA Systems
- DCS
- PLC
- PLM Systems
- MES
- Safety Automation Systems
Services
- OEM Services
- Remote Diagnostics and Maintenance Services
- Predictive Maintenance Services
Operational Technology Market, by Networking Technology
Wired Technology
- Ethernet
- Modbus
- Profinet
- Foundation Fieldbus
- HART
- Others (CAN, SDI, DCE)
Wireless Technology
- Wi-Fi
- ZigBee
- Bluetooth
- WHART
- ISA100
- Cellular Technologies
- Satellite Technologies
Key players/manufacturers:
- ABB
- Siemens
- Honeywell
- General Electric
- Schneider Electric
- Rockwell Automation
- Yokogawa Electric
- Emerson Electric
- Advantech
- Fanuc
Scope of the Report
The research study analyzes the global Operational Technology industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
A full report of Global Operational Technology Market is available at: https://www.orionmarketreports.com/operational-technology-market/50336/
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Operational Technology Market Report
- What was the Operational Technology Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
- What will be the CAGR of Operational Technology Market during the forecast period (2021-2027)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
- Which manufacturer/vendor/players in the Operational Technology Market was the market leader in 2020?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report covers the following objectives:
- Proliferation and maturation of trade in the global Operational Technology market.
- The market share of the global Operational Technology market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the global Operational Technology market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the global Operational Technology market.
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
