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SCADA Market, Growth Overview, Leading Key Players Share, Size and Forecast 2022-2027

10-15-2022 08:47 AM CET | IT, New Media & Software

Press release from: IMARC Group

SCADA Market

SCADA Market

According to the latest report by IMARC Group, titled "SCADA Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027", The global SCADA market reached a value of US$ 19 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 25.4 Billion by 2027, exhibiting a CAGR of 4.8% during 2022-2027.

Supervisory control and data acquisition (SCADA) refers to a mechanism that is widely used for supervisory management. It utilizes computer systems, graphical user interface (UI), and networked data communications to obtain real-time information from topographically isolated areas. It facilitates direct interaction with devices like sensors, pumps, motors, and valves with human-machine interface (HMI) software and helps in controlling industrial operations. Consequently, it aids in detecting faults and minimizing defaults in machines used across numerous industries, including power, oil and gas, chemical, pharmaceutical, petrochemical, automotive and electrical.

Request Free Sample Report: https://www.imarcgroup.com/scada-market/requestsample

Global SCADA Market Growth Analysis:

Increasing adoption of SCADA by service providers and power operators is driving the global market. Another essential factor that is boosting the growth is the widespread deployment across the oil and gas sector, since it helps in improving the extraction output and streamlining production processes in a cost-efficient manner. Along with this, its ability to quickly distinguish faults in machinery, minimization of defects and even distribution of power by re-steering electricity from excess capacity regions to areas with a lack of power supply is creating a positive market outlook. Other factors, such as rising demand across the industrial sector, the strong presence of prominent electrical SCADA software and system suppliers across several countries, and the extensive research and development (R&D) activities conducted by leading players, are further influencing the market growth.

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/scada-market

Key Market Segmentation:

Breakup by Component:

• Programmable Logic Controller (PLC)
• Remote Terminal Units (RTU)
• Human Machine Interface (HMI)
• Communication Systems
• Others

Breakup by Architecture:

• Hardware
• Software
• Services

Breakup by End-User:

• Oil and Gas
• Power
• Water and Wastewater
• Manufacturing
• Chemicals and Petrochemicals
• Pharmaceutical
• Others

Breakup by Region:

• North America (United States, Canada)
• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
• Europe (Germany, France, United Kingdom, Italy, Spain, Others)
• Latin America (Brazil, Mexico, Others)
• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• COVID-19 Impact on the Market
• Porter's Five Forces Analysis
• Historical, Current and Future Market Trends
• Market Drivers and Success Factors
• SWOT Analysis
• Structure of the Market
• Value Chain Analysis
• Comprehensive Mapping of the Competitive Landscape

Note: If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

Contact US:

IMARC Group
30 N Gould St, Ste R
Sheridan, WY (Wyoming) 82801 USA
Email: Sales@imarcgroup.com
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800

About Us:

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC's information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company's expertise.

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