Press release
Global SCADA Market Is Driven by Increasing Adoption in Oil & Gas Industry
Variant Market Research
Global SCADA market trends are growing adoption of SCADA across various industries. Furthermore, prevalence of SCADA in IT companies and rising demand for development automation in energy sector also fuels the growth of the market.
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Component, architecture, application and geography are the major segments of global SCADA market. Component segment comprises remote terminal unit (RTU), human machine interface (HMI), SCADA communication systems, programmable logic control (PLC), and other components. Architecture segment includes hardware, software and services. Human machine interface held for the highest market share of 33.6% in 2016. Additionally, SCADA applications are electric power, oil & gas, food & beverages water & wastewater transportation, pharmaceuticals, chemicals, manufacturing, telecommunication and others. SCADA for water systems will witness significant growth rate from 2016 to 2024, whereas SCADA for oil and gas accounted highest market share in 2016.
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North America, Europe, Asia-Pacific and RoW are the key sub segment of global SCADA market. RoW is anticipated to grow at a fastest CAGR from 2016 to 2024. The growth is attributed to increase in use of SCADA in oil & energy segment. Moreover, countries such as Qatar, UAE, Oman, India, and Romania, among other are witnessing strong demand of SCADA system.
The Key players in the global SCADA market are Honeywell International, Schneider Electric SE, General Electric, Mitsubishi Electric Corporation, Siemens AG, IBM Corporation, Hitachi, Ltd., GE Intelligent Platforms, ABB, and B-SCADA Inc., among others.
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Scope of SCADA Market
Component Segments
• Programmable Logic Control (PLC)
• Human Machine Interface (HMI)
• SCADA Communication Systems
• Remote Terminal Unit (RTU)
• others
Architecture Segments
• Hardware
• Software
• Services
Application Segments
• Pharmaceuticals
• Water & Wastewater
• Oil & Gas
• Manufacturing
• Electric Power
• Transportation
• Chemicals
• Telecommunication
• Food & Beverages
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o United Kingdom
o Others
• Asia-Pacific
o China
o India
o Japan
o Taiwan
o Others
• RoW
o South America
o Middle East
o Africa
About Variant Market Research
Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise is data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
For further information, visit https://www.variantmarketresearch.com
You can connect with us on LinkedIn here @ https://www.linkedin.com/company/variant-market-research
Contact Us:
Michael Mendes
Head - Sales
Variant Market Research
649 Mission St, 5th Floor, San Francisco, CA 94105, United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: michael.mendes@variantmarketresearch.com
Email: help@variantmarketresearch.com
Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data packs proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
Variant Market Research
649 Mission St, 5th Floor,
San Francisco, CA 94105,
United States.
Tel: +1-415-680-2785
Fax: +1-415-680-2786
Email: michael.mendes@variantmarketresearch.com
Email: help@variantmarketresearch.com
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