The global SCADA market was worth US$ 18.6 Billion in 2018
SCADA (Supervisory Control and Data Acquisition) is a control framework that uses PCs, graphical UIs and networked data communications for high-level process supervisory management and to obtain real-time information, especially from topographically isolated areas.
It is used for enhancing productivity and efficiency across various industries like power, pharmaceutical, oil and gas, chemical and petrochemical, water and wastewater treatment, automotive and electrical, and electronics. The expanding utilization of SCADA in grid automation ventures across different developing nations has encouraged the manufacturers to focus on enhancing their infrastructure with a specific end-goal of power distribution and limiting transmission losses.
Global SCADA Market Drivers:
The popularity of SCADA is rising as it helps to quickly distinguish faults in machineries which makes minimization of defects conceivable. Additionally, the cost-effectiveness of SCADA frameworks is creating high demand for these systems worldwide. Moreover, they can evenly distribute power by re-steering electricity from excess capacity regions to areas with a lack of power supply.
This capability of restoring power is another advantage of SCADA, owing to which it is progressively making way into the mainstream market. Another important factor that is boosting the sales of SCADA is its increasing employment in the oil and gas sector as it helps in improving the extraction output, streamlining production and curbing losses.
Looking forward, the market value is projected to reach approximately US$ 26 Billion by 2024, exhibiting a CAGR of 5.7% during 2019-2024.
Key Questions Answered in This Report:
How has the global SCADA market performed so far and how will it perform in the coming years?
What are the key regional markets in the global SCADA market?
What is the breakup of the global SCADA market on the basis of component?
What is the breakup of the global SCADA market on the basis of architecture?
What is the breakup of the global SCADA market on the basis of end-user?
What are the various stages in the value chain of the global SCADA market?
What are the key driving factors and challenges in the global SCADA market?
What is the structure of the global SCADA market and who are the key players?
What is the degree of competition in the global SCADA market?
Key Topics Covered:
1 Preface
2 Scope and Methodology 2.1 Objectives of the Study 2.2 Stakeholders 2.3 Data Sources 2.4 Market Estimation 2.5 Forecasting Methodology
3 Executive Summary
4 Introduction 4.1 Overview 4.2 Properties 4.3 Key Industry Trends
5 Global SCADA Market 5.1 Market Overview 5.2 Market Performance 5.3 Market Breakup by Component 5.4 Market Breakup by Architecture 5.5 Market Breakup by End-User 5.6 Market Breakup by Region 5.7 Market Forecast
6 Market Breakup by Component 6.1 Programmable Logic Controller (PLC) 6.2 Remote Terminal Units (RTU) 6.3 Human Machine Interface (HMI) 6.4 Communication Systems 6.5 Others
8 Market Breakup by End-User 8.1 Oil and Gas 8.2 Power 8.3 Water and Wastewater 8.4 Manufacturing 8.5 Chemicals and Petrochemicals 8.6 Pharmaceutical 8.7 Others
9 Market Breakup by Region 9.1 Europe 9.2 North America 9.3 Asia Pacific 9.4 Middle East and Africa 9.5 Latin America
12 Global SCADA Industry: Porters Five Forces Analysis 12.1 Overview 12.2 Bargaining Power of Buyers 12.3 Bargaining Power of Suppliers 12.4 Degree of Competition 12.5 Threat of New Entrants 12.6 Threat of Substitutes
13 Global SCADA Industry: Price Analysis
14 Competitive Landscape 14.1 Market Structure 14.2 Key Players 14.3 Profiles of Key Players 14.3.1 ABB Ltd. 14.3.2 Emerson Electric Co. 14.3.3 Rockwell Automation, Inc. 14.3.4 Schneider Electric SE 14.3.5 Siemens AG 14.3.6 Alstom 14.3.7 General Electric Co. 14.3.8 Honeywell International, Inc. 14.3.9 Omron Corporation 14.3.10 Yokogawa Electric Corporation 14.3.11 Iconics Inc. 14.3.12 Elynx Technologies, LLC 14.3.13 Enbase LLC 14.3.14 Globalogix 14.3.15 Inductive Automation
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Related Topics: Industrial Automation
Source: GlobeNewswire PR
(March 4, 2019 - 10:41 AM EST)
