SCADA Market: Intense Competition but High Growth & Extreme Valuation

The latest study released on the global 'SCADA' market by AMA Research evaluates market size, trend, and forecast to 2030. The 'SCADA' market study covers significant research data and proofs to be a handy resource document for managers, analysts, industry experts and other key people to have ready-to-access and self-analyzed study to help understand market trends, growth drivers, opportunities and upcoming challenges and about the competitors.

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Some of the key players profiled in the study are:
ABB (Switzerland), Schneider Electric SE (France), Yokogawa Electric Corporation (Japan), Honeywell International Inc. (United States), Emerson Electric Co. (United States), General Electric Co. (United States), Siemens AG (Germany), Larsen & Toubro (India), Rockwell Automation Inc. (United States), Omron Corporation (Japan)
Supervisory control and data acquisition (SCADA) is an automation control system architecture that uses computers, networked data communications and graphical user interfaces for controlling industrial processes, monitoring, gathering & analyzing real-time data, and to directly interact with devices such as sensors, and valves. SCADA systems are used to control and monitor physical processes, such as the transmission of electricity, transportation of gas and oil in pipelines, water distribution, traffic lights, etc. To increase productivity, efficiency, agility, quality, and profitability with reduced cost and stay competitive, most of the firms are using SCADA software to operate faster and leaner.

On June 03, 2019, ABB has launched two new solutions MicroSCADA X and SDA500 at the International Conference and Exhibition on Electricity Distribution (CIRED), in Madrid, Spain.

Keep yourself up-to-date with latest market trends and changing dynamics due to COVID Impact and Economic Slowdown globally. Maintain a competitive edge by sizing up with available business opportunity in SCADA Market various segments and emerging territory.

Influencing Market Trend
• SCADA Data on Ethernet and IP owing to Reduced Capital Costs and Standardization
• SQL and Web-based Applications into SCADA Software
• SCADA with Rapid Application Development (RAD) Capabilities
Market Drivers
• Increasing security demand and critical infrastructure protection from different industry verticals and rapid industrial and infrastructure development across the globe, has bolstered the demand of the SCADA market.
• Need for Maximising Return on Assets through Operational Excellence
• Utilization of Automation Results in Reduced Labor Costs and Errors
Opportunities:
• Technological Advancements such as Ethernet Switching for Handling SCADA/DCS Packets
• SCADA Systems with Available Power of Cloud Computing
• Advanced-Data Analytics, Machine Learning, IoT, and Other Related Technologies
Challenges:
• Vulnerable to Cyber Attacks using Cloud Computing through SCADA Applications
• Public Health and Safety Concerns

Analysis by Type (Monolithic/Stand Alone, Distributed, Networked, Web-based), Application (Industrial Processes, Infrastructure Processes, Facility Processes), Alarm System (System-defined Alarm, User-defined Alarm), Enterprise Size (Large Enterprises, Small, and Medium Enterprises (SMEs)), Architecture (Hardware, Software), Technology (Wired, Wireless), End-User (Oil & Gas, Energy and Power, Food and beverage, Pharmaceutical, Automotive & Transportation, Water and wastewater, Building & Infrastructure, Telecommunication, Others), Functions (Data Acquisitions, Data Communication, Information/Data presentation, Monitoring/Control), Component (Master Terminal Unit (MTU), Remote Terminal Unit (RTU), Human-Machine Interface (HMI), Communication Network, Others)

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The regional analysis of Global SCADA Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2024-2030.

The International Society of Automation (ISA) has formalized SCADA security requirements with a working group, WG4. WG4 deals specifically with unique technical requirements, measurements, and other features required to evaluate and assure security resilience and performance of industrial automation and control systems devices.

On March 1, 2018, UK-based listed industrial design and management software leader AVEVA Group has announced the completion of its merger with the industrial software business of Schneider Electric.

Table of Content
Chapter One: Industry Overview
Chapter Two: Major Segmentation (Classification, Application and etc.) Analysis
Chapter Three: Production Market Analysis
Chapter Four: Sales Market Analysis
Chapter Five: Consumption Market Analysis
Chapter Six: Production, Sales and Consumption Market Comparison Analysis
Chapter Seven: Major Manufacturers Production and Sales Market Comparison Analysis
Chapter Eight: Competition Analysis by Players
Chapter Nine: Marketing Channel Analysis
Chapter Ten: New Project Investment Feasibility Analysis
Chapter Eleven: Manufacturing Cost Analysis
Chapter Twelve: Industrial Chain, Sourcing Strategy and Downstream Buyers

Read Executive Summary and Detailed Index of full Research Study @ https://www.advancemarketanalytics.com/reports/2867-global-scada-market-1?utm_source=OpenPR/utm_medium=Rahul

Highlights of the Report
• The future prospects of the global SCADA market during the forecast period 2024-2030 are given in the report.
• The major developmental strategies integrated by the leading players to sustain a competitive market position in the market are included in the report.
• The emerging technologies that are driving the growth of the market are highlighted in the report.
• The market value of the segments that are leading the market and the sub-segments are mentioned in the report.
• The report studies the leading manufacturers and other players entering the global SCADA market.

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This release was published on openPR.