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