Uploaded on Nov 12, 2020
The global field device management (FDM) market size is expected to reach USD 1,700.1 Million by 2026 according to a new study by Polaris Market Research
Field Device Management (FDM) Market Size Worth $1,700.1 Mn By 2026
Field Device Management (FDM)
Market
Set to Exceed $1,700.1 Mn by 2026 | CAGR 6.9%
Field Device Management (FDM) Market Share, Size,
Trends, Industry Analysis Report By Component (Hardware,
Software); By Deployment (Cloud, On-premises); By
Communication Protocol; By Application (Oil & Gas, Energy
& Power, Chemicals, Pharmaceuticals, Metals & Mining,
Water & Wastewater, Automotive, Manufacturing); By
Regions, Segment Forecast, 2019 – 2026
Field Device Management (FDM) Market Size Worth $1,700.1 Mn By 2026
The global field device management (FDM) market size is expected to reach USD 1,700.1
Million by 2026 according to a new study by Polaris Market Research. The report “Field
Device Management (FDM) Market Share, Size, Trends, Industry Analysis Report By
Component (Hardware, Software); By Deployment (Cloud, On-premises); By Communication
Protocol; By Application (Oil & Gas, Energy & Power, Chemicals, Pharmaceuticals, Metals &
Mining, Water & Wastewater, Automotive, Manufacturing); By Regions, Segment Forecast,
2019 – 2026” gives a detailed insight into current market dynamics and provides analysis on
future market growth.
Due to developments in hardware technologies, demand is increasing in the global device
management market. In terms of market growth, the need to manage all peripheral devices
within a company has played a vital role. Timely improvements in device configuration are a
major requirement in all major industries. In addition, industrial units and plants require a
high degree of flexibility and adaptation within their devices. Therefore, the global industry
for FDM in the following years is projected to generate huge revenues.
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Field Device Management (FDM) Market
By Component By Deployment By Communication By Application By Region Type
Protocol
Hardware Cloud FOUNDATION Fieldbus Oil & Gas North America (U.S.,
Software On Premises HART Energy & Power Canada)
PROFIBUS Chemicals Europe (UK, Germany,
PROFINET Pharmaceuticals France, Italy, Russia)
Wireless Networking Metals & Mining Asia Pacific (India, Japan,
Modbus Water & Wastewater China, South Korea)
Others Automotive Latin America (Brazil,
Manufacturing Mexico, Colombia)
Others Middle East & Africa (Saudi
Arabia, South Africa, UAE,
Israel)
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Field Device Management Market Estimate & Forecast to 2026
The demand for FDM solutions for the nonstop monitoring of processes and machinery of
these industries is driven by development in industries such as power, electricity, oil & gas
and chemical products in the Asia-pacific region. Furthermore, the growth rates in this
region of field device management systems also increase the expansion of international
players.
Access Research Report On Field Device Management Market Size
Some of the key players in the market are Schneider Electric SE, Honeywell International
Inc., Siemens AG, ABB Group, Emerson, Rockwell Automation, Mitsubishi Electric, Hach,
Omron Corporation, Metso Oyj, FANUC Corporation, Yokogawa, Hamilton Company, Valmet
Oyj, Phoenix Contact, Endress+Hauser, Festo, Azbil Corporation, Weidmüller and Omega
Engineering among others.
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Field Device Management (FDM) Market
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About Us
Polaris Market Research is a global market research and consulting company. The company
specializes in providing exceptional market intelligence and in-depth business research services
for our clientele spread across different enterprises. We at Polaris are obliged to e present across
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