According to Stratistics MRC, the Global Sequence of Events Recorder Market is accounted for $21.61 million in 2020 and is expected to reach $34.96 million by 2028 growing at a CAGR of 6.2% during the forecast period. Growing focus on effective use of power resources, rising investments in data center infrastructures, and increasing emphasis on reducing industrial downtime and global energy costs are the major factors propelling the market growth. However, easy availability of substitutes and lack of awareness among end users are hampering the market growth.
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By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to the increasing penetration of the internet and cloud computing, growing economy, and ongoing infrastructure development projects. 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 the Asia Pacific. The spread of internet-enabled devices is expected to continue increasing the demand for data centers in this region, thereby fuelling the growth of the sequence of events recorder market in the Asia Pacific.
Some of the key players profiled in the Sequence of Events Recorder Market include AMETEK, ABB, Chino Corporation, Cyber Sciences, Delphin Technology, Eaton, E-MAX Instruments, Emerson, Etap, General Electric, Mitsubishi Electric, Pacific Microsystems, Qualitrol Corp, Rockwell Automation, Ronan Engineering Company, Schneider Electric, Schweitzer Engineering Laboratories, and Yokogawa Electric Corporation.
Mount Types Covered:
• Rack Mounted
• Rail Mounted
End Users Covered:
• Data Centers
• Hospitals
• Laboratories
• Manufacturing
• Petrochemicals
• Pharmaceutical Industries
• Power Generation
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
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