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Alarm Management System Market Demand and Forecast by 2030 Alarm management refers to the effective maintenance, operation, implementation, and design of industrial process/ manufacturing plant alarms. It is essential that alarm management is installed in a process plant whose environment is controlled by an operator making use of various control systems, such as programmable logic controller (PLC) or direct control system (DCS). With the main objective of minimizing or preventing economic or human or physical loss through intervention of the operator in response to cause or condition for which the alarm was raised. Growing importance of the system is likely to bolster growth of the global alarm management system market in the years to come.