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SCADA-based Industrial Control Systems Market Offers Stable Growth from 2019 to Till 2023

01-11-2019 08:57 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Allied Market Research

SCADA

SCADA

Industrial control system (ICS) encompasses several types of control systems used in industrial production technology, which includes distributed control systems (DCS), supervisory control and data acquisition (SCADA) systems, and other smaller control systems. Supervisory control and data acquisition (SCADA) is primarily used for remote controlling and monitoring operations across plants in numerous industries. It also helps in gathering information and control various industrial processes such as production, manufacturing, power generation, fabrication, and others. The ability of these systems to interpret data collected from various sources drives its demand in different industries such as water & wastewater treatment, oil & gas, power, and others.

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Global SCADA-based industrial control systems market is driven by continuously increasing availability of wireless sensor networking in (SCADA)-based industrial control systems. In addition, rise in big data analytics and growing demand for cloud-based SCADA systems propel the growth of the market. However, the need for regular updates and extreme vulnerability of CP/IP-based SCADA systems to cyberwarfare/cyberterrorism attacks limits the growth of this market. Furthermore, the growing demand for SCADA-based industrial control systems from developing countries to improve their infrastructure such as India and China, increasing growth of open-source SCADA, and rising adoption of mobile SCADA-based industrial control systems is expected to provide numerous opportunities for this market to grow.

The SCADA-based industrial control systems market is segmented on the basis of type and end user. The type segment covered in this study includes solutions and services. Based on end user, the market is segmented into electrical & electronics industry, chemicals & petrochemicals, oil & gas, power, manufacturing, and others. Geographically, the market has been analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global SCADA-based industrial control systems market is dominated by key players such as Siemens Ltd., Honeywell International Inc., Emerson., ABB, Schneider Electric, Mitsubishi Motors Corporation., Indicative Automation., General Electric, Yokogawa Ltd., and Rockwell Automation, Inc.

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SCADA-based Industrial Control Systems Market Key Segment:

By Type

• Solutions
• Services

By End User

• Electrical and Electronics Industry
• Chemicals and Petrochemicals
• Oil and Gas
• Power
• Manufacturing

Key Market Players Profiled In The Report

• Siemens Ltd.
• Honeywell International Inc.
• Emerson., ABB
• Schneider Electric
• Mitsubishi Motors Corporation.
• Indicative Automation.
• General Electric
• Yokogawa Ltd.
• Rockwell Automation, Inc.

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About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global enterprises as well as medium and small businesses with unmatched quality of "Market Research Reports" and "Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

We are in professional corporate relations with various companies and this helps us in digging out market data that helps us generate accurate research data tables and confirms utmost accuracy in our market forecasting. Each and every data presented in the reports published by us is extracted through primary interviews with top officials from leading companies of domain concerned. Our secondary data procurement methodology includes deep online and offline research and discussion with knowledgeable professionals and analysts in the industry.

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