Global OPC Server Market Overview:
OPC is a widely used industrial communication protocol that allows data to be exchanged freely between devices and control software from different vendors. PLCs on the factory floor, RTUs in the field, HMI stations, and software applications on desktop PCs can all transmit data using an OPC server. OPC server is a program that translates the hardware communication protocol used by a PLC into the OPC protocol. The OPC client software is a program that connects to the hardware, such as an HMI. OPC server has resulted in better collaboration between technology providers and end users. OPC server has aided automation companies in developing completely open solutions, giving consumers additional options in their automation applications. In the industry, this is an exciting period. Automation specialists all over the world have realized the benefits of adopting OPC into their industrial applications due to interoperability, open solutions, and freedom of choice. OPC stands for open connection in industrial automation and the business systems that support it. The design and maintenance of non-proprietary open standards specifications ensures interoperability. The COM/DCOM technologies established the foundation for software development.
- Increased Use of Web-Based HMIS or Web-Based Panels in the Industrial Sector
- Rise of OPC UA in OPC Technology is Driving the Market
- Growing Prevalence of Smart Factory
- Increasing Threat of Cyber Security
- High Operating Cost of OPC Server
- Rapid Digitalization among Several Business Verticals are some of the Prominent Factors, Which are Driving the Growth of the OPC Server Market
- Growing Popularity of Industrial Control and Factory Automation Due to 4.0 and other Digital Technologies, Further Creates Opportunities for the Market
- Lack of Skilled Personnel to meet the Overwhelming Demand of OPC Server
- High Competition among Established Players
The demand for OPC Server is increasing with each passing day. The businesses in this industry facing major competition with leading players of the market that includes Takebishi Corporation, Yokogawa Electric Corporation, Yaskawa Electric Corporation and others. Many international as well as regional providers are also participants in the industry and directly compete with leaders. It has been identified that market leading players are investing heavily in growth strategies such as technological development, resource utilization to enhance their market position. The market leaders such as Takebishi Corporation, Yokogawa Electric Corporation, Yaskawa Electric Corporation demonstrate a market-defining vision of how OPC Server can help top-line business executives achieve their business objectives. Leaders have the ability to execute against that vision through both products and services. They have demonstrated solid business results in the form of revenue and earnings.
Some of the key players profiled in the report are Takebishi Corporation (Japan), Kepware (PTC) (United States), Siemens (Germany), Emerson Electric (United States), ABB (Switzerland), Yokogawa Electric Corporation (Japan), Yaskawa Electric Corporation (Japan), FANUC Corporation (Japan), KMC Controls (United States), Advantech Co., Ltd. (Taiwan) and Sartorius AG (Germany). Additionally, following companies can also be profiled that are part of our coverage like Tibbo (Taiwan), Matrikon (United States) and ProSys Information Systems, Inc (United States). Analyst at AMA Research see Japan Players to retain maximum share of Global OPC Server market by 2027. Considering Market by Industry Verticals, the sub-segment i.e. Pharmaceuticals will boost the OPC Server market.
In March 2021 Advantech had announced the launch of ADAM-6300 Series. The ADAM-6300 is an IT/OT convergence series that merges information technology (IT) systems with operational technology (OT), allowing industries and utilities to take a step forward in smart IoT technology. Furthermore, data is highly secure throughout the OT and IT levels due to the OPC UA and built-in security IC.
What Can be Explored with the OPC Server Market Study
Gain Market Understanding
Identify Growth Opportunities
Analyze and Measure the Global OPC Server Market by Identifying Investment across various Industry Verticals
Understand the Trends that will drive Future Changes in OPC Server
Understand the Competitive Scenario
- Track Right Markets
- Identify the Right Verticals
The top-down and bottom-up approaches are used to estimate and validate the size of the Global OPC Server market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in OPC Server market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment by targeting key target audience that includes Venture and Capitalist, New entrants/investors, Analysts and Strategic Business Partners, Government & Regulatory Bodies, Building automation, Manufacturing and Others.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.
Frequently Asked Questions (FAQ):1. What is the growth rate predicted for the Global OPC Server Market?
The OPC Server market is expected to see a CAGR of % during projected year 2021 to 2027.
2. Who are the top performing companies in OPC Server Market?
Top performing companies in the Global OPC Server market are Takebishi Corporation (Japan), Kepware (PTC) (United States), Siemens (Germany), Emerson Electric (United States), ABB (Switzerland), Yokogawa Electric Corporation (Japan), Yaskawa Electric Corporation (Japan), FANUC Corporation (Japan), KMC Controls (United States), Advantech Co., Ltd. (Taiwan) and Sartorius AG (Germany), to name a few.
3. What trending factors would impact OPC Server Market growth most?
"Rapid Advancement in the Areas of IIoT is Accelerating the Trend of OPC Server
" is seen as one of major influencing trends for OPC Server Market during projected period 2021-2027.