Press release
SCADA Market to Reach USD 20.85 Bn by 2029, emerging at a CAGR of 6.4 percent and forecast 2023-2029
SCADA Market
This comprehensive report provides a detailed analysis of the global SCADA market, offering insights into market dynamics, key drivers, restraints, and regional trends. The report also includes a thorough examination of market segments based on type, component, and end users.
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SCADA Market Research Methodology:
The research methodology employed in this report involves a combination of in-depth primary and secondary research, ensuring accuracy and reliability in the gathered data. Extensive market surveys, interviews with industry experts, and analysis of reputable sources contribute to the robustness of the findings.
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What are SCADA Market Dynamics:
The electricity distribution company (discom) - Pashchimanchal Vidyut Vitran Nigam Limited (PVVNL) - will shortly launch a supervisory control and data acquisition (SCADA) system on the network for real-time monitoring of power distribution in Noida. The growing importance of real-time data in industrial environments for process analysis and proactive maintenance, as well as the expanding need for automation technologies, are driving the adoption of Industry 4.0. Most industrial processes and systems can be automated with Industry 4.0, allowing manufacturing units to run around the clock. It also eliminates the human errors that are common in manufacturing operations. Cyber-physical systems, IoT, and cloud computing are all part of Industry 4.0. SCADA system helps real-time reporting to gather current and historical data as well as forecast future developments. As a result, in smart factories, using a SCADA system allows operators to forecast machine maintenance needs, schedule production accordingly, and avoid emergencies and equipment failure during the manufacture of valuable products.
SCADA Market Regional Insights:
Asia Pacific: Expected to lead the global SCADA market, driven by the growing adoption of automation, IoT, and government initiatives for power and water applications.
North America: Demonstrates strong revenue share due to stable power management and significant technological investments.
Europe: Anticipated to be the second-largest revenue contributor, fueled by increasing demand for automation in the oil and gas sector.
Asia-Pacific: Set to experience significant growth, driven by increased investment in automation across various industries.
What is SCADA Market Segmentation:
by Type
Hardware
Software Services
by Component
Programmable Logic Controller
Remote Terminal Unit
Human Machine Interface
Communication devices
Other
by End User
Oil & Gas
Power
Water & Wastewater
Transportation
Telecommunications
Pharmaceuticals
Chemicals
Food & Beverages
Others
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Who are SCADA Market Key Players:
1. IBM Corporation
2. Siemens AG
3. General Electric
4. Cisco Systems, Inc
5. Alstom
6. ABB Ltd
7. Emerson Electric Co.
8. Rockwell Automation, Inc.
9. Schneider Electric SE
10.Alstom
11.Honeywell International, Inc.
12.Omron Corporation
13.Yokogawa Electric Corporation
14.Iconics Inc.
15.Elynx Technologies, LLC
16.Enbase LLC
17.Globalogix
18.Inductive Automation
19.Deagital Sas
20.Mitsubishi Electric
21.Hitachi LTD
22.JFE Engineering Corporation
23.Partita IVA
24.Toshiba Infrastructure Systems & Solutions Corporation
Table of content for the SCADA Market includes:
1. SCADA Market: Research Methodology
1. SCADA Market: Executive Summary
• Market Overview and Definitions
• Introduction to the Global Market
• Summary
• Key Findings
• Recommendations for Investors
• Recommendations for Market Leaders
• Recommendations for New Market Entry
3.SCADA Market: Competitive Analysis
• MMR Competition Matrix
• Market Structure by region
• Competitive Benchmarking of Key Players
• Consolidation in the Market
• M&A by region
• Key Developments by Companies
• Market Drivers
• Market Restraints
• Market Opportunities
• Market Challenges
• Market Dynamics
• PORTERS Five Forces Analysis
• PESTLE
• Regulatory Landscape by region
• North America
• Europe
• Asia Pacific
• Middle East and Africa
• South America
• COVID-19 Impact
1. Company Profile: Key players
• Company Overview
• Financial Overview
• Global Presence
• Capacity Portfolio
• Business Strategy
• Recent Developments
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Key Offerings:
• Past Market Size and Competitive Landscape (2018 to 2021)
• Past Pricing and price curve by region (2018 to 2021)
• Market Size, Share, Size & Forecast by different segment | 2022-2029
• Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
• Market Segmentation - A detailed analysis by
• Competitive Landscape - Profiles of selected key players by region from a strategic perspective
• Competitive landscape - Market Leaders, Market Followers, Regional player
• Competitive benchmarking of key players by region
• PESTLE Analysis
• PORTER's analysis
• Value chain and supply chain analysis
• Legal Aspects of business by region
• Lucrative business opportunities with SWOT analysis
• Recommendations
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