Growing Automation in SCADA Alarm Management Systems

Published: May 2024

Global SCADA alarm management market is anticipated to grow at a significant CAGR of 12.3% during the forecast period (2024-2031).The complexity of today's distribution networks and pipelines has increased. There are currently 2.76 million kilometers of pipelines in more than 120 nations. In order to maintain the alarm system's value as a tool for secure and effective control room operations, operators now consider it standard practice to regulate the alarm system quality in distribution plants.The main issue with the alarm system, though, is that when something goes wrong, a number of other things usually follow suit, making it difficult for the operator to keep track of all the alarms changing at once. An improved method for organizing and ranking the alarms must exist.

Browse the full report description of “SCADA Alarm Management Market Size, Share & Trends Analysis Report by Solution (SCADA Alarm Management Software and Services), and by End-user (Utilities, Power Grids, Mining, Oil & Gas and Others) Forecast Period (2024-2031)” at https://www.omrglobal.com/industry-reports/scada-alarm-management-market

Furthermore, to guarantee that the process control rooms can react to activities in all operating states (normal, abnormal, and emergency) in a safe and efficient manner, an efficient SCADA alarm management system is essential.Plant operators are gaining the opportunity to improve critical asset reliability for boilers, chillers, compressed air systems, and other systems, as well as increase efficiency and effectiveness with SCADA monitoring. The market is anticipated to expand as a result of the growing requirement for process plants to control alarms effectively.

In November 2021, Modern SCADA system improved feed mill operations at Smithfield operations in Utah. The mill produces 12,000 tons of animal feed per week, feeding 1.7 million pigs a year. CPM Beta Raven is a system integrator with more than 40 years of experience in automation and control systems for pet food, bakery, tortilla and premix industries.

Market Coverage

The market number available for – 2023-203

Base year- 2023

Forecast period- 2024-2031

Segment Covered- 

o By Solution

o By End-User

Regions Covered-

o North America

o Europe

o Asia-Pacific

o Rest of the World

Competitive Landscape- includesABB Ltd., Honeywell International Inc., MAPS SCADA, Schneider Electric, Inductive Automation LLC. and EXELE Information Systems, Inc.,among others.

Key questions addressed by the report.

  • What is the market growth rate?
  • Which segment and region dominate the market in the base year?
  • Which segment and region will project the fastest growth in the market?
  • Who is the leader in the market?
  • How are players addressing challenges to sustain growth?
  • Where is the investment opportunity?

Global SCADA Alarm Management Market Report Segment

By Solution

  • SCADA Alarm Management Software
  • Services
  • Security Consulting
  • Integration Services
  • Support & Maintenance

By End-User

  • Utilities
  • Power Grids
  • Mining
  • Oil & Gas
  • Others

Global SCADA Alarm Management Market Report Segment by Region

North America

United States

Canada

Europe

UK

Germany

Italy

Spain

France

Rest of Europe 

Asia-Pacific

China

India

Japan

South Korea

Rest of Asia-Pacific 

Rest of the World

Latin America 

Middle East & Africa


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