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SCADA Market - Size & Trends Shows a Rapid Growth by 2027

09-07-2021 02:32 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Valuates Reports

SCADA Market - Size & Trends Shows a Rapid Growth by 2027

The global SCADA market size is projected to reach US$ 15710 million by 2027, from US$ 10230 million in 2020, at a CAGR of 6.3% during 2021-2027. Demand for industrial Supervisory Control and Data Acquisition (SCADA) systems is steadily increasing, as these systems help maintain efficiency, process data for smarter decision making, and communicate system issues to help mitigate downtime. Continuing technical developments in SCADA due to continuous R&D by industry players have further improved the system's performance. This has, in turn, led to increased adoption and has increased the growth of SCADA market size.

Inquire for Sample Report: https://reports.valuates.com/request/sample/QYRE-Auto-8E3010/COVID_19_Impact_on_Global_Supervisory_Control_and_Data_Acquisition_SCADA_Market

Global SCADA key players include Schneider Electric SE, ABB, Siemens AG, Emerson, Rockwell Automation Inc., etc. Global top five manufacturers hold a share about 35%. Americas is the largest market, with a share about 35%, followed by Asia Pacific and Europe, both have a share over 58 percent. In terms of product, Hardware is the largest segment, with a share over 45%. And in terms of application, the largest application is Power & Energy, followed by Transportation, etc.

This report studies the SCADA market, Supervisory control and data acquisition (SCADA) is a control system architecture that uses computers, networked data communications and graphical user interfaces for high-level process supervisory management, but uses other peripheral devices such as programmable logic controllers and discrete PID controllers to interface to the process plant or machinery. SCADA systems include hardware and software components. SCADA is used in power plants as well as in oil and gas refining, telecommunications, transportation, and water and waste control.

View Full Report: https://reports.valuates.com/market-reports/QYRE-Auto-8E3010/covid-19-impact-on-global-supervisory-control-and-data-acquisition-scada

SCADA Market by Type

o Hardware
o Software
o Services

SCADA Market by Application

o Power & Energy
o Oil & Gas Industry
o Water & Waste Control
o Telecommunications
o Transportation
o Manufacturing Industry
o Others

Major Players in the SCADA Market

o Schneider Electric SE (France)
o ABB (Switzerland)
o Siemens AG (Germany)
o Emerson (US)
o Rockwell Automation Inc. (US)
o Honeywell International Inc. (US)
o Mitsubishi Electric (Japan)
o Omron Corporation (Japan)
o General Electric Co. (US)
o Yokogawa Electric Corporation (Japan)
o Larsen & Toubro (India)
o M.B. Control & Systems Pvt. Ltd (India)

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