Press release
SCADA Market 2018 Global Key Leaders: SCADA are ABB, IBM Corporation, Rockwell Automation, Schneider Electric SE, Siemens AG
According to a report by Market Research Future (MRFR), the global SCADA (Supervisory Control and Data Acquisition) market is projected to reach USD 15.78 BN, growing at a healthy CAGR of 8.96% during the forecast period of 2017 to 2023.
This steady growth has been observed globally due to a plethora of drivers, for instance, increase in demand for reliable power distribution and transmission systems, remote monitoring techniques among various industries, assessment of new oil and gas fields, and low operational cost of SCADA Market. Also, growth in adoption of cloud-based SCADA systems, infrastructural development in the form of smart cities and transportation, as well as high penetration of mobile SCADA systems can provide impetus to the market.
However, cyber threats and high investment required for setting up the SCADA system are expected to impede the market growth. On the contrary, surge in research and development activities in wireless sensor network in SCADA coupled with rapid growth in big data along with analytics has increased the efficiency of SCADA systems, thus leading to market expansion.
Request a Sample Report @ https://www.marketresearchfuture.com/sample_request/2056
Market Segmentation:
The global SCADA Market is segmented on the basis of component, architecture, end-users, and region.
Based on component, the market is segmented into programmable logic controller (PLC), remote thermal units (RTU), human-machine interface (HMI), communication systems, and many more. PLCs are easily programmable, are rugged and designed to withstand vibrations, humidity as well as noise. On the other hand, a human-machine interface can reduce operation costs, improves communication, offers reliable messaging, and provides with alarms/warnings to plant operators.
On the basis of deployment, the market is segmented into on-cloud and on-premise. In this, on-cloud deployment SCADA systems are highly popular due to various benefits it provides with, namely easy setup, cost saving, easy recovery in case of any damage, and flexibility when anything needs to be updated or changed. Whereas on-premise deployment provides with complete control over maintenance and updates and simplifies IT governance or compliance regulations.
On the basis of architecture, the market is segmented into hardware architecture, software architecture, and services architecture.
The services in SCADA are network system protection, remote maintenance, building management system, and others. The end users utilizing SCADA services are transport, chemicals, oil & gas, power, manufacturing, telecommunications, and others. The rising adoption of SCADA to streamline processes in oil and gas industry and the increased offshore exploration and production (E&P) activities in countries like China, India, Kuwait, and Saudi Arabia are driving the demand for SCADA in oil and gas industry. SCADA is used to meet production targets and ensure smooth functioning of vital machines in manufacturing companies. This is expected to drive the demand for SCADA in manufacturing applications worldwide.
Browse Full Report Details @ https://www.marketresearchfuture.com/reports/scada-market-2056
Key Findings:
• Bedrock automation a global leader in scalable and industrial control systems, deployed an application which enables and users to have advantage over Bedrock SCADA platform which is obtained by combining SCADA developers, inductive automation, ICONICS, and TATSOFT.
• Red Lion Controls, Inc., which delivers industrial automation, integrated their SCADA platform with RAM industrial routers and cellular RTUs which enhances Industrial Internet of Things (IIoT).
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
Office No. 524/528, Amanora Chambers
Magarpatta Road, Hadapsar
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: sales@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release SCADA Market 2018 Global Key Leaders: SCADA are ABB, IBM Corporation, Rockwell Automation, Schneider Electric SE, Siemens AG here
News-ID: 1257378 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for SCADA
SCADA Market Size, Market Analysis | SCADA Industry Future Growth, Share, Market …
Global SCADA Market Report provides a detailed industry overview along with the analysis of Cost Structure, Supply Chain, Development Techniques, Retailers Analysis, Financial Support, business Strategies, Marketing Channels. Global SCADA Market research report provides a point-by-pointIn-Depth analysis of global market size, regional and country-level market size, segmentation market growth, market share, competitive Landscape, sales analysis, the impact of domestic and global market players, value chain optimization, trade regulations, recent developments,…
SCADA Market 2019 Global Key Leaders: SCADA are ABB, IBM Corporation, Rockwell A …
Market Synopsis:
SCADA is an automation tool which collects and supervises data. Global SCADA market is expected to show significant growth through the forecast period. Increase in demand for automation among various industry verticals, rise in the Internet of things, demand for remote control of operations are the factors that are driving the global SCADA market. Furthermore, increasing investments in research and development, entry of new market players to provide innovative…
Global SCADA Market Research Report 2018
This report thinks about the Global SCADA Market showcase status and figure, arranges the Global SCADA Market advertise estimate (esteem and volume) by producers, type, application, and district. This report centers on the best producers in the United States, South Korea, and Taiwan and different districts.
Get sample copy of report:
https://www.marketdensity.com/contact?ref=Sample&reportid=5688
Table of Contents
1 SCADA Market Overview
1.1 Product Overview and Scope of SCADA
1.2 SCADA Segment by Type (Product Category)…
Growth In SCADA Systems Adoption
The global relay and industrial control manufacturing market, a part of the electrical and electronics manufacturing industry, grew at a compound annual growth rate (CAGR) of around 8% during the historic period. The electrical and electronics manufacturing industry showed a steady growth. The growth is mainly due to high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries.
In the forecast period, the global relay and…
SCADA Market Prolific over 2025
Global SCADA Market: Overview
SCADA stands for supervisory control and data acquisition, an independent control system in other words, which is essential for proper functioning of numerous industries including energy, oil and gas, water, manufacturing, power, transportation, and recycling. SCADA helps these large-scale organizations and companies to maintain and enhance their efficiency via better communication and swift distribution of data between different departments. Some of the common examples of SCADA in…
SCADA Market for Water & Wastewater Management: SCADA System Enables Efficient W …
Transparency Market Research (TMR) observes the global SCADA market for water and wastewater management to be fairly consolidated with a few well-entrenched players that hold the leading market share. Expansion of product portfolio and expanding outreach to serve a large customer base is what key players in this market are vying for competitive gains.
ABB Ltd., Yokogawa Electric Corporation, Schneider Electric, Rockwell Automation Inc., Emerson Electric Co., Eaton Corporation, Tesco Controls…
