Press release
Supervisory Control and Data Acquisition Market Segmentation and Analysis by Recent Trends, Development and Growth by Regions to, Analysis, Forecast to 2026
SCADA is used significantly in various end-use industries, as this technology helps enterprises to supervise and monitor industrial processes and control processes from remote locations. It also helps to establish better and efficient human-machine interface and data-in-data acquisition and to monitor and process data. However, lack of skilled professionals for SCADA and lack of security in design of SCADA mobile applications and software is expected to restrain growth of the SCADA market.Browse Complete Report For More Information @ https://www.coherentmarketinsights.com/market-insight/supervisory-control-and-data-acquisition-market-2158
Market Dynamics
Increasing demand for SCADA among business enterprises due to real-time detection and minimization of flaws in machinery is expected to drive the market growth. Increasing preference for SCADA is also attributed to its ability to promptly detect and minimize flaws in machinery. It also helps in distribution of power by re-routing power from excess capacity areas to regions where there is power shortage or need. This in turn helps to reduce cost required for various processes, thereby fueling demand for SCADA.
Increasing adoption of connected devices, big data, cloud, mobility, IoT, and advanced analytics in industrial environment is expected to support growth of the global supervisory control and data acquisition (SCADA) market.
SCADA system consists of large number of components such as operating equipment (pumps, valves, conveyers, and substation breakers); local processors to communicate with equipment and site’s instruments including programmable logic controller (PLC), remote thermal unit (RTU), intelligent electronic device (IED), and process automation controller (PAC); instruments to sense pH, temperature, pressure, power level, and flow rate; short range communications and long range communications; and host computers, which is a central point of monitoring and control where an operator supervises all the processes such as receiving alarms, reviewing of data, and exercise control. These components offer better automation and reduce complexity in the overall process.
Increasing adoption of connected devices, big data, cloud, mobility, IoT, and advanced analytics in industrial environment is expected to support growth of the global supervisory control and data acquisition (SCADA) market.
SCADA system consists of large number of components such as operating equipment (pumps, valves, conveyers, and substation breakers); local processors to communicate with equipment and site’s instruments including programmable logic controller (PLC), remote thermal unit (RTU), intelligent electronic device (IED), and process automation controller (PAC); instruments to sense pH, temperature, pressure, power level, and flow rate; short range communications and long range communications; and host computers, which is a central point of monitoring and control where an operator supervises all the processes such as receiving alarms, reviewing of data, and exercise control. These components offer better automation and reduce complexity in the overall process.
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Global Key Players:
Some of the key players operating in the global SCADA market include, ABB Ltd., Hitachi Ltd, Emerson Electric Co., Alstom, International Business Machines Corporation, Honeywell International Inc., Schneider Electric, Rockwell Automation, Inc., JFE Engineering Corporation, ICONICS, Inc., Mitsubishi Electric Corporation, and others.
Detailed Segmentation:
Global SCADA Market, By Offering Type:
◦ Software
◦ Hardware
◦ Services
Global SCADA Market, By Component:
◦ Human-Machine Interface
◦ Communication System
◦ Remote Terminal Unit
◦ Others
Global SCADA Market, By Application:
◦ Oil & Gas
◦ Automotive & Transport
◦ Electric Power
◦ Food & Beverages
◦ Manufacturing
◦ Pharmaceutical
◦ Water & Waste Water Management
Table of Contents
1. Research Objective and Assumption
2. Market Purview
3. Market Dynamics, Regulations, and Trends Analysis
4. Global Supervisory Control and Data Acquisition Market, By Offering Type, 2018-2026 (US$ Million)
5. Global Supervisory Control and Data Acquisition Market, By Component, 2018-2026 (US$ Million)
6. Global Supervisory Control and Data Acquisition Market, By Application, 2018-2026 (US$ Million)
7. Global Supervisory Control and Data Acquisition Market, By Regions, 2018-2026 (US$ Million)
8. Competitive Landscape
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Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
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