Sequence of Events Recorder Market is valued approximately at USD 23.9 million in 2020 and is anticipated to grow with a healthy growth rate of more than 4.7% over the forecast period 2021-2027. The sequence of events recorded by the Sequence of Event Recorder (Occurrence of Faults and Normalization) in the plant or process. It's a sophisticated surveillance device. It can be used to monitor the status of the plant from the operator to the executive level. It successfully tracks all events without skipping any and protects against coercion.
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The increased focus on efficient use of power resources, as well as ongoing initiatives in various industries to reduce downtime and energy costs, are driving the growth of the sequence of events recorder market. Furthermore, rising data center investments and the ongoing replacement of existing utility infrastructures with technologically advanced power equipment are factors to expected offer lucrative opportunities for the growth of the market. For instance, as per the International Energy Agency (IEA), the energy market is focused on new capital projects to replace ageing power plants and meet the world's rising demand for power.
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In 2009, the total installed power generation capacity around the world was 4,957 GW. Gross capacity additions of 5,900 GW are expected to be completed by 2035. As a result of the increased demand for efficient power consumption control, sequence of events recorders has been installed in larger numbers to ensure continuous power supply around the clock. However, Easy availability of substitutes, may impede market growth over the forecast period of 2021-2027.
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Geographically, Asia Pacific is holding the largest market shares of Sequence of Events Recorder. Factor such cloud computing, growing economy, ongoing infrastructure development projects and as increasing penetration of the Internet contribute to risen demand for data centers. ABB, Schneider Electric, and Delta Electronics are the leading providers of data center power solutions in Asia Pacific. Increased investments in healthcare, manufacturing, BFSI, retail, and telecommunications verticals have resulted in Asia Pacific development and economic growth in countries including Australia and China.
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Table of content
Chapter 1.Executive Summary
1.1. Market Snapshot
1.2. & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Sequence of events recorder Market , by Region, 2019-2027 (USD Billion)
1.2.2. Sequence of events recorder Market, by Mount Type, 2019-2027 (USD Billion)
1.2.3. Sequence of events recorder Market , by End User, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Sequence of events recorder Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Sequence of events recorder Market Dynamics
3.1. Sequence of events recorder Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing effective use of power resources worldwide
3.1.1.2. Increasing importance of reducing industrial downtime and energy costs
3.1.2. Market Restraint
3.1.2.1. Easy availability of substitutes
3.1.3. Market Opportunities
3.1.3.1. Growing investments in data centre infrastructures
Chapter 4. Sequence of events recorder Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Sequence of events recorder Market , by Mount Type
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5.1. Market Snapshot
5.2. Sequence of events recorder Market by Mount Type, Performance - Potential Analysis
5.3. Sequence of events recorder Market Estimates & Forecasts by mount type 2018-2027 (USD Billion)
5.4. Sequence of events recorder Market , Sub Segment Analysis
5.4.1. Rank Mounted
5.4.2. Rail Mounted
Chapter 6. Sequence of events recorder Market , by End User
6.1. Market Snapshot
6.2. Sequence of events recorder Market by End User Type, Performance - Potential Analysis
6.3. Sequence of events recorder Market Estimates & Forecasts by End USer 2018-2027 (USD Billion)
6.4. Sequence of events recorder Market , Sub Segment Analysis
6.4.1. Data Centers
6.4.2. Power Generation
6.4.3. Manufacturing
6.4.4. Others
Chapter 7. Sequence of events recorder Market , Regional Analysis
7.1. Sequence of events recorder Market , Regional Market Snapshot
7.2. North America Sequence of events recorder Market
7.2.1. U.S. Sequence of events recorder Market
7.2.1.1. Mount Type breakdown estimates & forecasts, 2018-2027
7.2.1.2. End User breakdown estimates & forecasts, 2018-2027
7.2.2. Canada Sequence of events recorder Market
7.3. Europe Sequence of events recorder Market Snapshot
7.3.1. U.K. Sequence of events recorder Market
7.3.2. Germany Sequence of events recorder Market
7.3.3. France Sequence of events recorder Market
7.3.4. Spain Sequence of events recorder Market
7.3.5. Italy Sequence of events recorder Market
7.3.6. Rest of Europe Sequence of events recorder Market
7.4. Asia-Pacific Sequence of events recorder Market Snapshot
7.4.1. China Sequence of events recorder Market
7.4.2. India Sequence of events recorder Market
7.4.3. Japan Sequence of events recorder Market
7.4.4. Australia Sequence of events recorder Market
7.4.5. South Korea Sequence of events recorder Market
7.4.6. Rest of Asia Pacific Sequence of events recorder Market
7.5. Latin America Sequence of events recorder Market Snapshot
7.5.1. Brazil Sequence of events recorder Market
7.5.2. Mexico Sequence of events recorder Market
7.6. Rest of The World Sequence of events recorder Market
Chapter 8. Competitive Intelligence
8.1. Top Market Strategies
8.2. Company Profiles
8.2.1. Schweitzer Engineering Laboratories
8.2.1.1. Key Information
8.2.1.2. Overview
8.2.1.3. Financial (Subject to Data Availability)
8.2.1.4. Product Summary
8.2.1.5. Recent Developments
8.2.2. Yokogawa Electric Corporation
8.2.3. Cyber Sciences
8.2.4. Ronan Engineering Company
8.2.5. Pacific Microsystems
8.2.6. E-MAX Instruments
8.2.7. General Electric
8.2.8. Rockwell Automation
8.2.9. Schneider Electric
8.2.10. Mitsubishi Electric
……. continued
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