Market Research Logo

Global Industrial Process Recorders Market 2017-2021

About Industrial Process Recorders

Process recorders are used for continuous monitoring of system maintenance, process parameters, and process optimization of industrial applications. These recorders accept analog inputs from multiple devices. The input data are then accessed and analyzed through communication protocols for real-time and FTP uploads. Analyzed data are then converted into digital signals with data converters. New technological advancements such as fuzzy logic have increased the data storage capacity of recorders.

Technavio’s analysts forecast the global industrial process recorders market to grow at a CAGR of 3.04% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial process recorders market for 2017-2021. To calculate the market size, the report considers the revenue generated from the sales of industrial process recorders.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA
Technavio's report, Global Industrial Process Recorders Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • ABB
  • Fuji Electric
  • Honeywell International
  • Siemens
  • Yokogawa
Other prominent vendors
  • Ambetronics Engineers
  • AMETEK
  • Analog Devices
  • Aum Controls and Equipment
  • PTC
  • Brainchild Electronic
  • CD Automation
  • Dickson
  • Future Design Controls
  • Linseis
  • Rockwell Automation
Market driver
  • Increasing need for business optimization
  • For a full, detailed list, view our report
Market challenge
  • Unstable data transmission and system complexity
  • For a full, detailed list, view our report
Market trend
  • Emergence of wireless data acquisition systems
  • For a full, detailed list, view our report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Global Industrial Process Recorders Market 2017-2021

Technavio recognizes the following companies as the key players in the global industrial process recorders market: ABB, Fuji Electric, Honeywell International, Siemens, and Yokogawa

Other Prominent Vendors in the market are: Ambetronics Engineers, AMETEK, Analog Devices, Aum Controls and Equipment, PTC, Brainchild Electronic, CD Automation, Dickson, Future Design Controls, Linseis, and Rockwell Automation

Commenting on the report, an analyst from Technavio’s team said: “The current trend of cloud computing is expected to raise the adoption rate of cloud-based acquisition systems in most of the developed countries in the next five years. The rising number of IIoT-enabled devices have increased the flexibility for field managers to monitor and control industrial recorders through smart devices from remote locations. All the generated data are stored in the cloud instead of low-capacity local memory devices.”

According to the report, business optimization has now become an essential requirement for any industry. Rising maintenance cost, shortage of natural resources, low productivity, and increasing regulatory policies are the few factors that have prompted the need for business optimization.

Further, the report states that all the industries follow a macroeconomic cycle. Therefore, the demand for any industrial products is highly dependent on the economic performance. The reduction in crude oil price in 2014-2015 resulted in a very low capital spending in industrial sectors during the period. Consequently, the industrial process recorders market also witnessed a flat growth between 2014 and 2016. In addition, due to the economic slowdown, many vendors found disruption in payment and supply chain systems, which also affected business operations.

Companies Mentioned

ABB, Fuji Electric, Honeywell International, Siemens, Yokogawa, Ambetronics Engineers, AMETEK, Analog Devices, Aum Controls and Equipment, PTC, Brainchild Electronic, CD Automation, Dickson, Future Design Controls, Linseis, Rockwell Automation.

  • Executive summary
  • Scope of the report
  • Research Methodology
  • Introduction
    • Key market highlights
      • Table Classification of process recorders
  • Market landscape
    • Market overview
      • Table Market segmentation
      • Table Key takeaway
    • Market size and forecast
      • Table Global industrial process recorders market 2016-2021 ($ millions)
    • Five forces analysis
      • Table Five forces analysis
  • Market segmentation by product
    • Market overview
      • Table Global industrial process recorders market share by product type 2016-2021 (%)
    • Global industrial paperless recorders market
      • Table Global industrial paperless process recorders market 2016-2021 ($ millions)
    • Global industrial chart recorders market
      • Table Global industrial chart recorders market 2016-2021 ($ millions)
  • Market segmentation by end-user
    • Global Industrial process recorders market by end-user
      • Table Market segmentation of industrial process recorders by end-user
      • Table Global industrial process recorders market share by end-user 2016 and 2021 (%)
    • Global industrial process recorders market in power industry
      • Table Global industrial process recorders market in power industry 2016-2021($ millions)
      • Table Key power plant projects in APAC
    • Global industrial process recorders market in food and beverage industry
      • Table Global industrial process recorders market in food and beverage industry 2016-2021 ($ millions)
    • Global industrial process recorders market in water and wastewater treatment industry
      • Table Global industrial process recorder market in water and wastewater treatment industry 2016-2021 ($ millions)
    • Global industrial process recorders market in other industries
      • Table Global industrial process recorder market in other industries 2016-2021 ($ millions)
  • Geographical segmentation
    • Market overview
      • Table Global industrial process recorders market share by region 2016-2021 (%)
    • Industrial process recorders market in APAC
      • Table Industrial process recorders market in APAC 2016-2021 ($ millions)
    • Industrial process recorders market in EMEA
      • Table Industrial process recorders market in EMEA 2016-2021 ($ millions)
    • Industrial process recorders market in Americas
      • Table Industrial process recorders market in Americas 2016-2021 ($ millions)
  • Market drivers
    • Increasing need for business optimization
    • Growing demand for data analytics
    • Rising complexity in industrial processes
  • Impact of drivers
    • Table Impact of drivers
  • Market challenges
    • Adverse changes in business and industry condition
    • Frequent changes in technology
    • Unstable data transmission and system complexity
    • Low R&D activities
  • Impact of drivers and challenges
    • Table Impact of drivers and challenges
  • Market trends
    • Development of cloud-based systems
      • Table Global IIoT market revenue 2015 and 2020 ($ billions)
    • Emergence of wireless data acquisition systems
  • Vendor landscape
    • Market overview
    • Other prominent vendors
      • Table List of other prominent vendors
    • Competition analysis ABB
      • Table Product portfolio of ABB
    • Fuji Electric
      • Table Product portfolio of Fuji Electric
    • Honeywell International
      • Table Product portfolio of Honeywell International
    • Siemens
      • Table Product portfolio of Siemens
    • Yokogawa
      • Table Product portfolio of Yokogawa
  • Appendix
    • List of abbreviations
  • Explore Technavio

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report