DUBLIN--(BUSINESS WIRE)--The "Operational Technology - Global Market Trajectory & Analytics" report has been added to ResearchAndMarkets.com's offering.
Global Operational Technology Market to Reach $49.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Operational Technology estimated at US$34.2 Billion in the year 2020, is projected to reach a revised size of US$49.1 Billion by 2027, growing at a CAGR of 5.3% over the analysis period 2020-2027.
Control System, one of the segments analyzed in the report, is projected to record a 5.7% CAGR and reach US$24.6 Billion by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Field Devices segment is readjusted to a revised 5.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $10.1 Billion, While China is Forecast to Grow at 4.9% CAGR
The Operational Technology market in the U.S. is estimated at US$10.1 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$8.6 Billion by the year 2027 trailing a CAGR of 4.9% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 5.1% and 4.2% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 4.3% CAGR.
Services Segment to Record 4.7% CAGR
In the global Services segment, USA, Canada, Japan, China and Europe will drive the 4.7% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$6 Billion in the year 2020 will reach a projected size of US$8.3 Billion by the close of the analysis period.
China will remain among the fastest growing in this cluster of regional markets. Led by countries such as Australia, India, and South Korea, the market in Asia-Pacific is forecast to reach US$5.6 Billion by the year 2027.
Key Topics Covered:
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Impact of COVID-19 and a Looming Global Recession
2. FOCUS ON SELECT PLAYERS (Total 38 Featured):
- ABB
- Accenture
- Advantech Co., Ltd.
- Cognizant
- Emerson Electric Co.
- FANUC INDIA Private Limited
- General Electric Company
- Hewlett Packard Enterprise Development LP
- Honeywell International Inc.
- Huawei Technologies Co., Ltd.
- John Wodd Group PLC
- Oracle
- Rockwell Automation, Inc.
- SCADAfence
- Schneider Electric
- Siemens
- Wipro Limited
- Wunderlich-Malec Engineering, Inc.
- Yokogawa India Ltd.
3. MARKET TRENDS & DRIVERS
4. GLOBAL MARKET PERSPECTIVE
- World Current & Future Analysis for Operational Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
- World Historic Review for Operational Technology by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2012 through 2019 and % CAGR
- World 15-Year Perspective for Operational Technology by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2012, 2020 & 2027
- World 15-Year Perspective for Control System by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Field Devices by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Services by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Wired by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Wireless by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Process by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
- World 15-Year Perspective for Non-Process by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2012, 2020 & 2027
III. MARKET ANALYSIS
IV. COMPETITION
- Total Companies Profiled: 38
For more information about this report visit https://www.researchandmarkets.com/r/falaop
