Alarm Rationalization Software Market, Global Outlook and Forecast 2023-2029

Report ID: MMG117640 | Category: Service & Software | Pages: 67 | Format: PDF | Published Date: July 12,2023

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Report Summary

Alarm rationalization is an alarm management technique that helps improve operator response by reducing the alarm burden and eliminating redundancy and false alarms.Alarm rationalization is a routine working process used to assess all potential against recognized principles in the Alarm Principles document to identify what is a legitimate alarm, to design for it, and grounds for confinement including reasons, consequences, and corrective actions that can be used to guide operator response.The main purpose of a rationalization alert is to ensure that each alert notified to the operator is a quality alert.
This report aims to provide a comprehensive presentation of the global market for Alarm Rationalization Software, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Alarm Rationalization Software. This report contains market size and forecasts of Alarm Rationalization Software in global, including the following market information:
Global Alarm Rationalization Software Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Alarm Rationalization Software market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Standalone Software Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Alarm Rationalization Software include Exida, Rockwell Automation, ABB, Emerson, Yokogawa Electric Corporation, MAC Solutions, PAS Global，LLC, Schneider Electric and Honeywell International, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Alarm Rationalization Software companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Alarm Rationalization Software Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Alarm Rationalization Software Market Segment Percentages, by Type, 2022 (%)
    Standalone Software
    Onsite-Integrated Software
Global Alarm Rationalization Software Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Alarm Rationalization Software Market Segment Percentages, by Application, 2022 (%)
    Oil and Gas
    Chemical and Petrochemicals
    Food and Beverage
    Others
Global Alarm Rationalization Software Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Alarm Rationalization Software Market Segment Percentages, By Region and Country, 2022 (%)
    North America
        US
        Canada
        Mexico
    Europe
        Germany
        France
        U.K.
        Italy
        Russia
        Nordic Countries
        Benelux
        Rest of Europe
    Asia
        China
        Japan
        South Korea
        Southeast Asia
        India
        Rest of Asia
    South America
        Brazil
        Argentina
        Rest of South America
    Middle East & Africa
        Turkey
        Israel
        Saudi Arabia
        UAE
        Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Alarm Rationalization Software revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Alarm Rationalization Software revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
    Exida
    Rockwell Automation
    ABB
    Emerson
    Yokogawa Electric Corporation
    MAC Solutions
    PAS Global，LLC
    Schneider Electric
    Honeywell International
    TiPS, Inc
    Cognascents
Outline of Major Chapters:
Chapter 1: Introduces the definition of Alarm Rationalization Software, market overview.
Chapter 2: Global Alarm Rationalization Software market size in revenue.
Chapter 3: Detailed analysis of Alarm Rationalization Software company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Alarm Rationalization Software in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.

1 Introduction to Research & Analysis Reports
    1.1 Alarm Rationalization Software Market Definition
    1.2 Market Segments
        1.2.1 Market by Type
        1.2.2 Market by Application
    1.3 Global Alarm Rationalization Software Market Overview
    1.4 Features & Benefits of This Report
    1.5 Methodology & Sources of Information
        1.5.1 Research Methodology
        1.5.2 Research Process
        1.5.3 Base Year
        1.5.4 Report Assumptions & Caveats
2 Global Alarm Rationalization Software Overall Market Size
    2.1 Global Alarm Rationalization Software Market Size: 2022 VS 2029
    2.2 Global Alarm Rationalization Software Market Size, Prospects & Forecasts: 2018-2029
    2.3 Key Market Trends, Opportunity, Drivers and Restraints
        2.3.1 Market Opportunities & Trends
        2.3.2 Market Drivers
        2.3.3 Market Restraints
3 Company Landscape
    3.1 Top Alarm Rationalization Software Players in Global Market
    3.2 Top Global Alarm Rationalization Software Companies Ranked by Revenue
    3.3 Global Alarm Rationalization Software Revenue by Companies
    3.4 Top 3 and Top 5 Alarm Rationalization Software Companies in Global Market, by Revenue in 2022
    3.5 Global Companies Alarm Rationalization Software Product Type
    3.6 Tier 1, Tier 2 and Tier 3 Alarm Rationalization Software Players in Global Market
        3.6.1 List of Global Tier 1 Alarm Rationalization Software Companies
        3.6.2 List of Global Tier 2 and Tier 3 Alarm Rationalization Software Companies
4 Market Sights by Product
    4.1 Overview
        4.1.1 By Type - Global Alarm Rationalization Software Market Size Markets, 2022 & 2029
        4.1.2 Standalone Software
        4.1.3 Onsite-Integrated Software
    4.2 By Type - Global Alarm Rationalization Software Revenue & Forecasts
        4.2.1 By Type - Global Alarm Rationalization Software Revenue, 2018-2023
        4.2.2 By Type - Global Alarm Rationalization Software Revenue, 2024-2029
        4.2.3 By Type - Global Alarm Rationalization Software Revenue Market Share, 2018-2029
5 Sights by Application
    5.1 Overview
        5.1.1 By Application - Global Alarm Rationalization Software Market Size, 2022 & 2029
        5.1.2 Oil and Gas
        5.1.3 Chemical and Petrochemicals
        5.1.4 Food and Beverage
        5.1.5 Others
    5.2 By Application - Global Alarm Rationalization Software Revenue & Forecasts
        5.2.1 By Application - Global Alarm Rationalization Software Revenue, 2018-2023
        5.2.2 By Application - Global Alarm Rationalization Software Revenue, 2024-2029
        5.2.3 By Application - Global Alarm Rationalization Software Revenue Market Share, 2018-2029
6 Sights by Region
    6.1 By Region - Global Alarm Rationalization Software Market Size, 2022 & 2029
    6.2 By Region - Global Alarm Rationalization Software Revenue & Forecasts
        6.2.1 By Region - Global Alarm Rationalization Software Revenue, 2018-2023
        6.2.2 By Region - Global Alarm Rationalization Software Revenue, 2024-2029
        6.2.3 By Region - Global Alarm Rationalization Software Revenue Market Share, 2018-2029
    6.3 North America
        6.3.1 By Country - North America Alarm Rationalization Software Revenue, 2018-2029
        6.3.2 US Alarm Rationalization Software Market Size, 2018-2029
        6.3.3 Canada Alarm Rationalization Software Market Size, 2018-2029
        6.3.4 Mexico Alarm Rationalization Software Market Size, 2018-2029
    6.4 Europe
        6.4.1 By Country - Europe Alarm Rationalization Software Revenue, 2018-2029
        6.4.2 Germany Alarm Rationalization Software Market Size, 2018-2029
        6.4.3 France Alarm Rationalization Software Market Size, 2018-2029
        6.4.4 U.K. Alarm Rationalization Software Market Size, 2018-2029
        6.4.5 Italy Alarm Rationalization Software Market Size, 2018-2029
        6.4.6 Russia Alarm Rationalization Software Market Size, 2018-2029
        6.4.7 Nordic Countries Alarm Rationalization Software Market Size, 2018-2029
        6.4.8 Benelux Alarm Rationalization Software Market Size, 2018-2029
    6.5 Asia
        6.5.1 By Region - Asia Alarm Rationalization Software Revenue, 2018-2029
        6.5.2 China Alarm Rationalization Software Market Size, 2018-2029
        6.5.3 Japan Alarm Rationalization Software Market Size, 2018-2029
        6.5.4 South Korea Alarm Rationalization Software Market Size, 2018-2029
        6.5.5 Southeast Asia Alarm Rationalization Software Market Size, 2018-2029
        6.5.6 India Alarm Rationalization Software Market Size, 2018-2029
    6.6 South America
        6.6.1 By Country - South America Alarm Rationalization Software Revenue, 2018-2029
        6.6.2 Brazil Alarm Rationalization Software Market Size, 2018-2029
        6.6.3 Argentina Alarm Rationalization Software Market Size, 2018-2029
    6.7 Middle East & Africa
        6.7.1 By Country - Middle East & Africa Alarm Rationalization Software Revenue, 2018-2029
        6.7.2 Turkey Alarm Rationalization Software Market Size, 2018-2029
        6.7.3 Israel Alarm Rationalization Software Market Size, 2018-2029
        6.7.4 Saudi Arabia Alarm Rationalization Software Market Size, 2018-2029
        6.7.5 UAE Alarm Rationalization Software Market Size, 2018-2029
7 Alarm Rationalization Software Companies Profiles
    7.1 Exida
        7.1.1 Exida Company Summary
        7.1.2 Exida Business Overview
        7.1.3 Exida Alarm Rationalization Software Major Product Offerings
        7.1.4 Exida Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.1.5 Exida Key News & Latest Developments
    7.2 Rockwell Automation
        7.2.1 Rockwell Automation Company Summary
        7.2.2 Rockwell Automation Business Overview
        7.2.3 Rockwell Automation Alarm Rationalization Software Major Product Offerings
        7.2.4 Rockwell Automation Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.2.5 Rockwell Automation Key News & Latest Developments
    7.3 ABB
        7.3.1 ABB Company Summary
        7.3.2 ABB Business Overview
        7.3.3 ABB Alarm Rationalization Software Major Product Offerings
        7.3.4 ABB Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.3.5 ABB Key News & Latest Developments
    7.4 Emerson
        7.4.1 Emerson Company Summary
        7.4.2 Emerson Business Overview
        7.4.3 Emerson Alarm Rationalization Software Major Product Offerings
        7.4.4 Emerson Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.4.5 Emerson Key News & Latest Developments
    7.5 Yokogawa Electric Corporation
        7.5.1 Yokogawa Electric Corporation Company Summary
        7.5.2 Yokogawa Electric Corporation Business Overview
        7.5.3 Yokogawa Electric Corporation Alarm Rationalization Software Major Product Offerings
        7.5.4 Yokogawa Electric Corporation Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.5.5 Yokogawa Electric Corporation Key News & Latest Developments
    7.6 MAC Solutions
        7.6.1 MAC Solutions Company Summary
        7.6.2 MAC Solutions Business Overview
        7.6.3 MAC Solutions Alarm Rationalization Software Major Product Offerings
        7.6.4 MAC Solutions Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.6.5 MAC Solutions Key News & Latest Developments
    7.7 PAS Global，LLC
        7.7.1 PAS Global，LLC Company Summary
        7.7.2 PAS Global，LLC Business Overview
        7.7.3 PAS Global，LLC Alarm Rationalization Software Major Product Offerings
        7.7.4 PAS Global，LLC Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.7.5 PAS Global，LLC Key News & Latest Developments
    7.8 Schneider Electric
        7.8.1 Schneider Electric Company Summary
        7.8.2 Schneider Electric Business Overview
        7.8.3 Schneider Electric Alarm Rationalization Software Major Product Offerings
        7.8.4 Schneider Electric Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.8.5 Schneider Electric Key News & Latest Developments
    7.9 Honeywell International
        7.9.1 Honeywell International Company Summary
        7.9.2 Honeywell International Business Overview
        7.9.3 Honeywell International Alarm Rationalization Software Major Product Offerings
        7.9.4 Honeywell International Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.9.5 Honeywell International Key News & Latest Developments
    7.10 TiPS, Inc
        7.10.1 TiPS, Inc Company Summary
        7.10.2 TiPS, Inc Business Overview
        7.10.3 TiPS, Inc Alarm Rationalization Software Major Product Offerings
        7.10.4 TiPS, Inc Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.10.5 TiPS, Inc Key News & Latest Developments
    7.11 Cognascents
        7.11.1 Cognascents Company Summary
        7.11.2 Cognascents Business Overview
        7.11.3 Cognascents Alarm Rationalization Software Major Product Offerings
        7.11.4 Cognascents Alarm Rationalization Software Revenue in Global Market (2018-2023)
        7.11.5 Cognascents Key News & Latest Developments
8 Conclusion
9 Appendix
    9.1 Note
    9.2 Examples of Clients
    9.3 Disclaimer

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Alarm Rationalization Software Market, Global Outlook and Forecast 2023-2029

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