The Sequence of Events Recorder Market By Mount (Rack mounted, Rail mounted), By End user (Data Center, Power Generation, Laboratories, Pharmaceutical), By Region, and Key Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends and Forecast 2021-2031

The sequence of events recorder (SER), is an intelligent standalone microprocessor/ chip based system, that monitors external inputs and records the time as well as the sequence. Sequence of events recorders generally, make some outer memories source like a GPS or radio clock. SERs enable rapid root cause analysis investigation after various events have happened because of the secure recording of sequence of the events in the order of appearance.

SERs are along these lines used as a symptomatic apparatus to limit plant downtime. SERs are frequently interfaced with a SCADA system, distributed control system (DCS), or programmable logic controller. It can thus be used as a diagnostic tool to minimize plant downtime and analyze blackouts. The sequence of events recorder facility gets a well-arranged arrangement of computerized information signals from the controller, temporarily buffers the events in chronological order according to as per timestamps allocated to the events by their sources (e.g., fieldbus modules).

The information is from that point copied/removed from the buffer and gives numerous objections including: a process data set that keeps a recorded copy of the received event data for rendering event reports, and a SOE customer UI for delivering event logs to printers and additionally graphical UI shows.

Market Segmentation:

Mount type:

• Rack mounted
• Rail mounted

End user:

• Data Center
• Power Generation
• Laboratories
• Pharmaceutical
• Others

By Region:

• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa

Market Dynamics

Drivers:
With the continuous increase in the global population and rapid industrialization, the demand for energy resources is expanding around the world. As indicated by the International Energy Outlook distributed by the Energy Information Administration (EIA) in 2020, the worldwide energy demand is primarily driven by the non-Organization for Economic Co-operation and Development (OECD) nations, like Argentina, Brazil, India, Malaysia, Singapore, South Africa, and Thailand, with high population augmentation and expanded economics.

The energy demand from OECD nations like the US, the UK, the Czech Republic, Germany, Norway, and France, is relied upon to increment continuously over the course of the years with growth in their GDP.  These recorders can be coupled with supervisory control and data acquisition systems for the effective monitoring and process control. These factors may fuel the market growth among major key players for this industry.

Restraints:

There are several equipments available in the market which may be the alternative for the sequence of events recorders for controlling and measuring. These alternatives may be used to cost allocations and monitor the power quality. Additionally, they also are used for automating and controlling power supplies. The substitutes of SERs include programmable logic controllers (PLC), protective relays, input/output modules, etc.

Including to this, due to the lack of awareness among the end users about potential benefits of sequence of events recorder and the numerous alternatives are available for the sequence of events recorders to attempt automated controlling in the industries may affect the revenue growth of SERs market.

Opportunities:

The major application of SER is in the data center. The major companies have adopted the cloud services which surged demand of new data centers. These data centers need power systems. Also, the demand for explicitly scalable data center architectures to handle complex operations. This in turn, will create lucrative opportunities for SERs industry.

Competitive Landscapes:

• AMETEK
• Qualitrol Corp
• Emerson
• Eaton Corporation
• Yokogawa Electric Corporation
• Cyber Sciences
• Ronan Engineering Company
• Pacific Microsystems
• E-MAX Instruments
• General Electric
• Rockwell Automation
• Mitsubishi Electric
• Delphin Technology
• Other Key Players

For the Sequence of Events Recorder Market research study, the following years have been considered to estimate the market size: