Press release
Asia Pacific SCADA Market 2016: Industry Insights, Statistics, Market shares and Forecasts to 2022
The primary function of SCADA systems is to monitor and control remote equipment. It is used across diverse industries such as telecommunications, transportation, oil and gas refining, water and waste control. Increase in infrastructure investments in emerging countries and the demand for SCADA in oil and gas industry are driving the market for SCADA.
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Rising demand for monitoring, visualization and controlling equipment from remote station is also adding to the market. The growing trend of automation among industries is creating opportunities for the SCADA market. SCADA systems use internet to control the equipment, and are more vulnerable to cyber-attacks. Thus, cyber security concerns are acting as a restraining factor for the market.
The SCADA market is segmented on the basis of components, architecture, application and country. Components segment includes programmable logic controller (PLC), remote terminal unit (RTU), human machine interface (HMI) and communication systems. Applications segment includes industries of telecommunications, transportation, oil and gas refining, power, water and waste control, manufacturing, chemicals, food and beverages and pharmaceuticals. Key players in the Asia-Pacific SCADA market are Siemens AG, Rockwell Automation, Inc., Emerson Electric Co, Yokogawa Electric Corporation, Fuji Electric Co. Ltd., OMRON Corporation, Fanuc Corporation, ICONICS Inc., Mitsubishi Electric Corporation and Schneider Electric.
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