The emergence of Industry 4.0 leads to the
adoption of digital technologies to enhance, automate, and modernize the whole
process which requires secure, standardized exchange of data and information
between devices, machines and services across different industries is set
to create significant opportunities in driving the global OPC Server market
growth forward. With the wide range of machinery, automation,
and applications, manufacturing plants face many communications challenges that
ultimately affect safety, productivity, and profitability. OPC Server enables
users to connect, manage, monitor, and control critical production, facility,
and infrastructure data through a standardized communication layer. Its
industry-proven platform design allows to meet the requirements unique to
plant’s manufacturing environment. Growing safety concerns has increased the
demand for OPC Server in manufacturing, which is set to provide opportunities
for the market growth. OPC Server Market size is forecast to reach US$3,959.69 million by 2027, after growing at a CAGR of 5.80% during 2022-2027.
Rising demand for communication solutions in Power & Utilities industry is set to propel the growth of the OPC Server market in coming years. OPC Servers are adopted to help in streamlining the data delivery across the Power & Utilities industries and connect critical facility components. OPC Servers also helps in collecting, managing and aggregating data from equipment in local and remote locations for real-time control, protection, and monitoring of integral information. OPC Server provides the most complete support of the OPC standard, exchanging data between multi-vendor devices and control applications without proprietary restrictions.
The OPC server market is consolidated, and the number of suppliers is large in counts. Considering the aforementioned factors, the Degree of Competition is Moderate to High. However, the demand for OPC server is analyzed to grow which is boosting the market growth rate increasing government initiative for OPC server production units Thus, anticipating the growth in demand for OPC server in the forecast period.
Machine-to-Machine Communication is one of the most prominent sectors using OPC server for better enhancement of the products. The rising M2M connections in various industries and the growing adoption of new connectivity technologies will accelerate machine-to-machine (M2M) connections market growth. Furthermore, the substantial penetration of cellular services globally and increasing adoption of 4G, and emerging 5G cellular technology is further driving the growth of the wireless connectivity technology in the machine-to-machine (M2M) connections. OPC server for M2M communications is used for various industrial applications such as automated maintenance and data collection. It is also used for intelligent stock control and implementation of just-in-time systems which forces more and more companies to start using this type of connectivity to improve the efficiency level and address great production challenges which are easy to solve.
Europe holds a major share of the OPC server market owing to the manufacturing industry. The rapid adoption of factory automation and industrial control across the region has revolutionized the digital and physical aspects of manufacturing sectors for offering optimum performance, resulting to drive the OPC Server market. As automation has become the ultimate phenomena in the enterprise across Italy, which deals with low-code tools, RPA, no-code and several other technology, IBM announced the acquisition of myInvenio, a process mining software company, in Reggio Emilia, Italy. The acquisition was formed in April 2021 to provide organizations with data-driven software, and enable them to automate business processes using AI, and also provide a comprehensive suite of AI-powered automation capabilities. Such factor will drive the market growth in the forecast period 2022-2027. In November 2021, Aptean, a global provider of enterprise software solutions acquired Objective Holding, Belgium based provider of innovative manufacturing execution systems (MES), workforce management (WFM) solutions as well as warehouse management systems (WMS). The acquisition was developed to offer strong presence of Aptean across the Benelux region and serves industries, such as heavy equipment, food and beverage, plastics and furniture manufacturing.
Increased use of OPC server in various end-use industries such as oil and gas, manufacturing, automotive, power and others are expected to boost the demand for the OPC server market during the forecast period. Manufacturers are embracing the standard’s ability to implement OPC in a non-Microsoft environment, along with its enhanced signing and encryption of all messages for better security assurances. These security upgrades have eliminated callbacks and the use of DCOM for remote connections. Its extensible data stack and ease of setup are permitting manufacturers to push service as a solution directly to the controller via manufacturing execution systems (MES) to drive plant efficiencies. Thus, the increasing development and investments in the manufacturing sector will drive the market growth of the overall OPC server. According to India Brand Equity Foundation, India has potential to become a global manufacturing hub and by 2030, it can add more than US$ 500 billion annually to the global economy.
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OPC Server Market Growth Drivers:
Emergence of Industrial robots are set to drive the market growth forward
The emergence of Industrial robots requires secure, standardized exchange of data and information between its integrated robot systems and their components to provide a comparison of the statuses and parameters over many installed systems and allows for the identification of anomalies which in turn is set to propel the growth of the OPC Server market in coming years. Additionally, the increasing demand for unified interface standard for robots to address asset management and condition monitoring is driving the growth of the OPC U/A server market. In 2019, VDMA, the Germany-based Mechanical Engineering Industry Association, launched the OPC Robotics Companion Specification that covers asset management and condition monitoring to enables organisations to surface information on the operational status of their robot systems, down to the individual component level. Companies can monitor the condition of their robot systems against given parameters such as motor temperature, load or time cycle. This information collected can be integrated into applications pertaining to use cases such as predictive maintenance, thus helping manufacturers to plan maintenance, thus mitigating expensive production downtime.
Increasing demand for communication solutions and rising investments in Power & Utilities industry are set to drive the market growth forward
The rising demand for communication solutions in Power & Utilities industry is set to propel the growth of the OPC Server market in coming years. OPC Servers are adopted to help in streamlining the data delivery across the Power & Utilities industries and connect critical facility components. OPC Servers also helps in collecting, managing and aggregating data from equipment in local and remote locations for real-time control, protection, and monitoring of integral information. OPC Server provides the most complete support of the OPC standard, exchanging data between multi-vendor devices and control applications without proprietary restrictions.The accurate, secure and real-time acquisition and delivery of critical information across networks is a key requirement for the Power & Utilities industries. Industry standards and regulatory requirements for protection and control systems data are rigorous and growing safety concerns has increased the demand for OPC Server in power industry. The growing trend towards monitoring a vast amount of system-critical information to effectively minimize downtime of equipment and ensure maximum network performance is a major priority for today’s power producers, grid operators, and owner/operators of industrial facilities which in turn accelerates the demand for OPC server to make these complex systems operate more efficiently than ever before. Moreover, OPC Servers supports telemetry solutions such as cellular, radio, and satellite modems in a remote windfarm, or in a utility control centre by providing additional capabilities to optimize communications through virtual networks, definition of timeouts, demotion of inaccessible devices, and allows users to schedule when to communicate with specific devices with the advanced Plug-in
The Major Players in this Market Include
The major companies in the OPC server market include White Room Automation, Prosys, Emerson Electric Company, Prosoft Technology, ICONICS, Ascolab GmbH, Advosol, Matrikon, Takebishi, and Kepware. The key focus of the companies has shifted towards acquisition and product launch.
In March 2022, the Prosys company launched Prosys OPC UA Historian 1.1.8 and Modbus Sever 1.4.16 version that offers security exploits in various industrial control system (ICS) products, including our SDK. The exploit enables an unauthorized attacker to block the server applications so that they will no longer be able to serve client applications.
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