openPR Logo
Press release

Sequence of Events Recorder Market worth $31 Million by 2026

04-07-2021 08:25 AM CET | Energy & Environment

Press release from: MarketsandMarkets

Sequence of Events Recorder Market worth $31 Million by 2026

According to the new market research report, "Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End-user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026", published by MarketsandMarkets™, the sequence of Events Recorder Market size will grow to USD 31 million by 2026 (forecast year) from USD 25 million in 2021 (estimated year), at a CAGR of 4.7% during the forecast period. The increasing focus on the effective usage of power resources and the ongoing efforts to reduce downtime and energy costs in different industries are factors driving the growth of the Sequence of Events Recorder Market. Moreover, growing investments in data center infrastructures and the ongoing replacement of aging power infrastructures with technologically advanced power equipment are factors expected to offer lucrative opportunities for the growth of the market. However, the easy availability of substitutes of the sequence of events recorders hinders the growth of the market

Download PDF Brochure:
https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=90646870

The rack mounted segment is expected to be the fastest growing Sequence of Events Recorder Market, by mount type, during the forecast period

The rack mounted segment of the Sequence of Events Recorder Market is estimated to grow at the fastest rate during the forecast period. This is mainly because of rack-mounted sequence of events recorders are easy to mount within racks, thereby leading to space saving. They enable improved tracking down of issues and are easy to update. These recorders make maintenance and troubleshooting activities efficient by enabling time saving. Rack-mounted sequence of events recorders also enable improved airflow by keeping different equipment evenly spaced without creating any airflow obstructions.

Browse in-depth TOC on "Sequence of Events Recorder Market"

133– Tables
40– Figures
171– Pages

View Detailed Table of Content Here:
https://www.marketsandmarkets.com/Market-Reports/sequence-of-events-recorder-market-90646870.html

The power generation segment is expected to dominate the Sequence of Events Recorder Market, by end user, during the forecast period.

The power generation industry is a key user of automation products. It comprises a large number of transformers, feeders, busbars, and several other assets to ensure uninterrupted power supply to end users. A power system is expected to carry out power generation, transmission, and distribution functions. Thus, power plants, transformers, transmission lines, substations, distribution lines, and distribution transformers are required to ensure smooth conduct of these functions. It is essential to monitor these functions for flexibility, reliability, and stability of power supply systems.

Asia Pacific: The largest Sequence of Events Recorder Market.

In this report, the Sequence of Events Recorder Market has been analyzed with respect to 5 regions, namely, North America, Asia Pacific, South America, Europe, and Middle East & Africa. Asia Pacific is expected to dominate the global Sequence of Events Recorder Market between 2021 and 2026. Factors such as increasing penetration of the Internet and cloud computing, growing economy, and ongoing infrastructure development projects contribute to risen demand for data centers in the region. This, in turn, contributes to the growth of the Sequence of Events Recorder Market in Asia Pacific. Countries such as Australia and China are witnessing increased investments in BFSI, retail, healthcare, manufacturing, and telecommunications verticals that have resulted in the development and economic growth in Asia Pacific. The construction of data centers in Asia Pacific is comparatively higher than other regions of the world owing to the largely untapped market areas for data center providers.

Request Sample Pages:
https://www.marketsandmarkets.com/requestsampleNew.asp?id=90646870

To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the Sequence of Events Recorder Market. Some of the key players are AMETEK(US), Qualitrol Corp.(US), Emerson(US), Yokogawa Electric Corporation(Japan).The leading players are adopting various strategies to increase their share in the Sequence of Events Recorder Market. Expansions has been a widely adopted strategy by the major players in the Sequence of Events Recorder Market.

Content Source: https://www.marketsandmarkets.com/PressReleases/sequence-of-events-recorder.asp

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: 1-888-600-6441
Email: newsletter@marketsandmarkets.com

About MarketsandMarkets™:
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Sequence of Events Recorder Market worth $31 Million by 2026 here

News-ID: 2266889 • Views:

More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your Revenue
Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to Surpass USD 36.7 billion
With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth. Download PDF Brochure @
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMarkets
Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2030 | Leading key players are ABB, Schneider Electric, Eaton, Vertiv
Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of

All 5 Releases


More Releases for Events

Multiplier Events
We are delighted to have concluded the series of Multiplier Events within the project " Boosting entrepreneurship of youth" and sharing results, lessons learned, outcomes, and findings. Register on https://ent-youth.eu and start your journey with Aristotle , your digital assistant in Youth Entrepreneurship Idea Assessment Tool. The aim of the project " Boosting entrepreneurship of youth" is to help youth with fewer opportunities to become social entrepreneurs by providing them with
MANAGEMENT EVENTS CELEBRATES 30 YEARS OF REDEFINING BUSINESS EVENTS
Helsinki, FI (4th April 2024) - Finnish B2B events company, Management Events, celebrates its 30th anniversary this year. With a vision to redefine the world of business events, they've adapted to the changing landscape by offering innovative in-person and virtual events and a thriving executive business network, boasting 10,000 members across Europe. Management Events, the international business matchmaking company, marks its 30th anniversary in the B2B events industry in 2024. The
Europe MICE Tourism Market is Booming Worldwide | ATPI, Capita Travel and Events …
Europe Mice Tourism Market Report research report is a wide-ranging analysis and Impact of COVID19 in the global market and the in-detail information with segmentation has been added in this intelligence report. In this report a comprehensive analysis of current global Global Europe Mice Tourism Market market in terms of demand and supply environment is provided, as well as price trend currently and in the next few years. Global leading
Events Market to Grow at a Significant Rate Post CoVID | BCD GROUP, Cvent, Seven …
Latest added Events Market Status and Trend Market research study by HTF MI offers detailed product outlook and elaborates market review till 2025. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are Access Destination Services, BCD GROUP, ATPI Ltd, Riviera Events, Entertaining Asia, Live Nation Worldwide Inc, StubHub,
What's driving the MICE Market Trends? Capita Travel and Events, CWT Meetings & …
A detailed study on 'MICE Market' formulated by Brandessence Market Research, puts together a concise analysis of the growth factors impacting the current business scenario across assorted regions. Significant information pertaining to the industry's size, share, application, and statistics are also summed in the report in order to present an ensemble prediction. In addition, this report undertakes an accurate competitive analysis illustrating the status of market majors in the projection
Asia-Pacific MICE Industry 2018-2025 | Key Players Questex, LLC, CWT Meetings & …
Asia-Pacific MICE Industry generated revenue of $229.0 billion in 2017, and is expected to grow at a CAGR of 8.6% to reach $441.1 billion by 2025. The term MICE in the context of travel is an acronym for meetings, incentives, conferences, and exhibitions. The MICE market refers to a specialized niche of group tourism dedicated to planning, booking, and facilitating conferences, seminars, and other events, and it is the highest