OPC Server Software Market – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2029
Overview
OPC Server Software Market was valued at US$ 13.48 Bn. in 2021 and is expected to reach US$ 21.97 Bn. by 2029, at a CAGR of 6.3% during a forecast period.
OPC Server Software Market Overview:
OPC is a software interface standard for Windows programmers that allows them to communicate with industrial hardware devices. Client/server pairs are used to implement OPC. The OPC server is software that converts the hardware communication protocol of a PLC into the OPC protocol. Any programmer that has to connect to the hardware, such as an HMI, is an OPC client. To acquire data from or transmit commands to the hardware, the OPC client connects to the OPC server. Various OPC standards exist that are designed in a series of disclaimers to meet the needs of industry suppliers and other end-users. Due to the rising deployment of industrial communication for greater industrial automation and building automation processes and communication protocol efficiency, various corporate verticals are leveraging to seek operational performance, hence driving the OPC software growth.
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OPC Server Software Market Dynamics:
The growing popularity of Industrial Control and Factory Automation as a result of Industry 4.0 and other digital technologies such as AI throughout the factory floor denotes Smart Factory, which creates even more potential for the OPC Software Market. Bayshore Networks announced the launching of Net Wall BSG - Bilateral Security Gateway in May 2021, increasing its Net Wall family of products. As an Inductive Automation ignition platform for active industrial cyber security protection solutions across plant infrastructure, the Net Wall family of products supports OPC software. High Byte, an industrial software business, released High Byte Intelligence Hub version 1.2 for open standards and open platforms that support Industry 4.0 solutions in October 2021. A growing number of end-user industries are deploying OPC UA, a new approach to data integration and security, to strengthen the communications protocol for industrial data transmission. As a result, the OPC software Market benefits from the growing demand to standardize and streamline data infrastructures from manufacturing to the cloud across numerous sectors.
The rapid advancement of technology and the requirement for suitable job experience to get acceptability in numerous industries is creating a tremendous demand for qualified workers. The overwhelming demand for software solutions for every possible application, as well as various types of development platform issues, necessitates expertise. However, there is a significant skills deficit in the industrial networking community, which creates a difficult situation in the IT business. Many firms are currently having difficulty finding enough open-source experienced experts to manage improved operating systems, which is hampered the growth of the OPC software Market.
The rapid adoption of industrial robots across a wide range of industries, as well as significant government initiatives to promote the development of advanced technologies such as AI-enabled robots and collaborative robots for indicating industrial automation, are driving the growth of the OPC-UA Network Market. Rocket farm, a Norwegian software business that develops software solutions for Universal Robots' market-leading cobots, announced the creation of a UR cobot that supports the OPC UA software Industry 4.0 protocol in June 2021. Because the OPC server protocol is a key component of Industry 4.0 and is one of the fastest-growing technologies for machine-to-machine communication, UR collaborative robots are built with enhanced security measures.
OPC Server Software Market segment analysis:
Based on offering, the Hardware segment held the largest market share of xx% in 2021. thanks to the wide usage of network infrastructure components such as Modules, Gateways, and Servers across industry verticals such as oil & gas, utility, chemical, and food & beverage to support better production processes The growing demand for interoperable, secure, and cost-effective industrial solutions, such as production process monitoring and machine management, necessitates a flexible hardware infrastructure.
Based on end-user, the General Manufacturing segment held the largest market share of xx% in 2021. Because of the rising demand for well-established manufacturing technologies like connected factories, digital twins, and robotics, which require high-speed data connectivity for real-time working conditions. Belden will release a new version of its Hirschmann Operating System (HiOS) for Industry 4.0 applications in March 2021. Hirschmann Operating System (HiOS) enables smooth, brand-agnostic industrial automation thanks to its embedded Open Platform Communications Unified Architecture (OPC UA) server.
OPC Server Software Market Regional Insight:
The Europe region held the largest market share of xx% in 2021. The early adoption of modern technologies, such as IoT-enabled devices and machine-to-machine solutions, as well as the presence of major industrial companies in the wireless connectivity space, have created enormous prospects for the OPC Server Market in this area. Siemens unveiled the Sitrans Cloud Connect 240: a new IoT gateway for the process industry in February 2021. Siemens is a technology corporation focused on digitalization, IoT, and energy-efficient production. The Sitrans Cloud Connect 240 provides digitalization support to the process sector via an OPC UA server or the Siemens Mind Sphere IoT-as-a-Service solution. Furthermore, the ongoing demand for innovative manufacturing technologies, cutting-edge automation software, and possible government expenditures relevant to the development of enterprises in Singapore, China, Japan, and India has enlarged the opportunities for IoT-connected devices.
The objective of the report is to present a comprehensive analysis of the OPC Server Software market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants.
PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding the OPC Server Software market dynamics, and structure by analyzing the market segments and projects the OPC Server Software market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the OPC Server Software market make the report investor’s guide.
OPC Server Software Market Scope: Inquiry Before Buying
| Global OPC Server Software Market | ||||
|---|---|---|---|---|
| Base Year | 2021 | Forecast Period | 2022-2029 | |
| Historical Data | CAGR | Market Size in 2021 | Market Size in 2029 | |
| 2017 to 2021 | 6.3% | US$ 13.48 Bn | US$ 21.97 Bn | |
| Segments Covered | ||||
| by Offering • Software and Services • Hardware |
by Type • OPC DA Server • OPC HDA Server • OPC A&E Server • OPC UA Server |
by End User • Power • Automotive • General Manufacturing • Oil and Gas • Pharmaceutical • Aerospace and Defense • Transportation & Logistics • Others |
||
| Regions Covered | ||||
| North America • United States • Canada • Mexico |
Europe • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest of Europe |
Asia Pacific • China • S Korea • Japan • India • Australia • Indonesia • Malaysia • Vietnam • Taiwan • Bangladesh • Pakistan • Rest of APAC |
Middle East and Africa • South Africa • GCC • Egypt • Nigeria • Rest of ME&A |
South America • Brazil • Argentina • Rest of South America |
OPC Server Software Market Key Players are:
• Takebishi Corporation
• Kepware
• Siemens
• Emerson
• Softing Industrial Automation
• Hitachi, Ltd
• Panasonic
• Omron Corporation
• ABB
• Yokogawa Electric Corporation
• Matrikon
• Cogent Real-Time Systems, Inc.
• Yaskawa Electric Corporation
• FANUC CORPORATION
• KMC Controls
• Advantech Co., Ltd
• Sartorius AG
• Moxa Inc.
Frequently Asked Questions:
1. Which region has the largest share in OPC Server Software Market?
Ans: Europe region holds the highest share in 2021.
2. What is the growth rate of the OPC Server Software Market?
Ans: The OPC Server Software Market is growing at a CAGR of 6.3 % during the forecasting period 2021-2029.
3. What segments are covered in the OPC Server Software market?
Ans: OPC Server Software Market is segmented into the offering, type, end-user, and region.
4. Who are the key players in the OPC Server Software market?
Ans: The important key players in the OPC Server Software Market are – Takebishi Corporation, Kepware, Siemens, Emerson, Softing Industrial Automation, Hitachi, Ltd, Panasonic, Omron Corporation, ABB, Yokogawa Electric Corporation, Matrikon, Cogent Real-Time Systems, Inc.
5. What is the study period of this market?
Ans: The OPC Server Software Market is studied from 2021 to 2029.