Alarm Management

Publish Date

This Alarm Management Market Research Study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.

Alarm Management Is a Road to Big Data and Analytics

The scope of this report covers standalone alarm management applications and tools that range from simple alarm notification capabilities for mobile devices to more sophisticated standalone alarm management application suites that include functionality for alerts and notifications, documentation and enforcement, and advanced reporting and analysis.  Master alarm database applications are also included.

Many heavy process end users began to implement fully functional alarm management systems close to two decades ago.  Many of these systems were implemented as the result of efforts to rationalize alarms, reduce the number of alarms presented to the operator, and implement a continuous improvement process around alarm management as outlined by industry standards bodies.

A crisis emerged when the ability to easily configure alarms in the modern control system reduced the cost of adding a new alarm to a system to basically nothing.  The dramatic explosion of operator alarms that followed made it exceedingly difficult for operators to see critical alarm data.  In too many instances, this resulted in incidents and unplanned downtime.

Many end users are finding value in automating procedures that were previously performed manually.  This also overlaps into the realm of state-based control, in which process automation systems can dynamically react to changing states in the process without operator intervention.  

Alarm Management Strategic IssuesAlarm Management Market Trends 

Alarm management in general continues to be a big issue in process plants, driven largely by the need to conform to current standards and best practices like ISA 18.2, EEMUA 191, and IEC 62682.

However, adherence to standards and best practices is not the only alarm management issue facing end users.  Many end users are interested in migrating to a new alarm management application and improving their alarm management philosophy and implement some of the newer aspects of these solutions.  

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Alarm Management Study Formats and Editions Available

This market study may be purchased as an Excel Workbook and/or as a PDF File.  The Workbook has some unique features such as the ability to view data in local currency.  Regional studies include country and industry market data.  Country studies include market trends and industry data.  Studies and formats available are listed below:

MIRA Workbook PDF File
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No
Country Profiles (includes country data) No Yes

Countries included in each region.

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Executive Summary
  • Major Trends
  • Regional, Industry, and End User Trends
  • Strategic Recommendations

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Revenue Category
    • Service Revenues
    • Software Revenues
  • Market Shares by Industry
    • Cement & Glass
    • Chemical/Petrochemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Refining
    • Water & Wastewater
  • Market Shares by Customer Type
  • Market Shares by Sales Channel

Market Forecasts & Histories

  • Total Shipments of Alarm Management
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Revenue Category
    • Service Revenues
    • Software Revenues
  • Shipments by Industry
    • Cement & Glass
    • Chemical/Petrochemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical & Biotech
    • Refining
    • Water & Wastewater
  • Shipments by Customer Type
  • Shipments by Sales Channel

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market Forecasts & Histories 

  • Market Forecast & History by Country
  • Market Forecast & History by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

Country Research Focus Areas

Contact us for the countries available for this study.