The SCADA Market is predicted to grow during the research period from 2017 to 2025.
What Are the Driving Factors for SCADA Market?
- Rising demand for automating the process in power plants and substation
- Increasing urge for safety and reliability of upstream, midstream and downstream operations in oil & gas sector
- Growing installation of SCADA system in municipal water and wastewater treatment systems
- Rising demand for cloud-based SCADA system
|By Architecture||Hardware, Software, Services|
|By Component||Programmable Logic Controller, Remote Terminal Unit, Human Machine Interface, Communication Systems|
|By End Use Industry||Power Generation, Oil & Gas, Chemical, Water & Waste Water Treatment, Food & Beverages, Manufacturing, Mining, Pharmaceutical and others|
|By Regions||Asia Pacific, North America, Middle East & Africa (MEA), Europe and Latin America|
|The U.S.||Honeywell International, Inc., Rockwell Automation, Inc., Emersion Electric Co., General Electric|
|France||Schneider Electric SE|
|Japan||Yokogawa Electric Corporation, Omron Corporation|
Why Buy this Report?
- This report provides in-depth analysis of market determinant factors.
- This report analyzes market dynamics for each segment (such as Architecture, Component, End-Use Industry, Regions).
- This report provides 8 years forecast by analyzing push and pull factors affecting the dynamics of the market.
- This report provides application level cross-sectional analysis for each product type.
- This report provides regional level pricing trend analysis.
- This report acts as business decision support system by analyzing key trends in each market segment.
- This report provides insights regarding business strategies of leading market players.
SCADA Market - Introduction
The global Supervisory Control and Data Acquisition (SCADA) market is expected to grow rapidly during the forecast period 2017 to 2025. In the SCADA market report, the market is segmented based on architecture, component, end use industry, and region. SCADA is a system consisting of multiple equipments designed to provide information regarding different elements in operating field or substation to an operator sitting in a remote location. SCADA systems offer multiple benefits to end users including identifying malfunction of equipment, reporting leakage in a gas pipeline, measuring variables in processing, tracking abnormal voltage/pressure/temperature change etc. SCADA works as central system collecting data from sensors located close proximity or remote location. Rising demand for process automation in end-use industries, growing urge among end user to increase the safety of industrial processes and growing demand to decrease human error factor in substations or operating fields have identified as long-term growth drivers for SCADA market.
|Base Year of Estimation||2016|
|Value Estimation Year||2017|
|Forecast Period||2017 - 2025|
|Market Segmentations||By Architecture, Component, End-Use Industry, Regions|
|Regional Scope||Asia Pacific, North America, Middle East & Africa (MEA), Europe and Latin America|
|Report Coverage||Market Dynamics, Segmentation Overview and Competitive Landscape of the market|
With the integration of software platform with industrial processes, demand for extraction of key control information from the remote industrial field to analyze process operation has increased manifold in recent years. SCADA systems have provided much needed help to industries to detect major faults in process operation and rectify it. Growing demand for automating the process in power plants and substation has positively impacted the growth of SCADA market size. In oil & gas sector, urge for safety and reliability of upstream, midstream and downstream operations is driving the growth of the market.
Integration of Internet of Things (IoT) with SCADA systems has increased its scalability and operating capability. Real-time analysis of data through IOT integration has increased the acceptance of SCADA systems among industries including oil & gas, power generation, chemical and water & wastewater. Growing installation of SCADA system in municipal water and wastewater treatment systems is identified as a major driving factor for SCADA the market.
High installation cost, complex set up process and vulnerability of SCADA to infiltrated systems are a major restraining factor for the market which may inhibit the growth over the forecast period. Increasing demand for cloud-based SCADA system is identified as major opportunities which will drive the future growth of the supervisory control and data acquisition market.
By architecture, the SCADA market is segmented into hardware, software and, services. By component, the market is subdivided into the programmable logic controller, remote terminal unit, human machine interface and communication systems. By end-use industry, the market is segmented into power generation, oil & gas, chemical, water & wastewater treatment, food & beverages, manufacturing, mining, pharmaceutical and others. In terms of revenue, oil & gas and power generation are two of the largest end-use industry for SCADA systems.
By geography, the market has been segmented into Asia-Pacific, North America, Middle East & Africa (MEA), Europe and Latin America. In terms of revenue, North America accounted for the largest market share of the SCADA market, followed by Europe.
Major companies operating in the SCADA market are Honeywell International, Inc. (The U.S.), ABB Ltd (Switzerland), Rockwell Automation, Inc. (The U.S.), Emersion Electric Co. (The U.S.), Siemens AG (Germany), Schneider Electric SE (France), General Electric (The U.S.), Yokogawa Electric Corporation (Japan) and Omron Corporation (Japan).
|Get Free Samples for Market Research Reports. The privacy and security of your shared information are very important to us. Our website is secure and your personal details are safe.|