The term SCADA market refers to the market of Supervisory Control and Data Acquisition. Simply this is a control system for architectural design that uses computers networked data communications and graphical user interfaces for managing or supervising the high-level process. Typically, the SCADA system is a centralized system that helps to manage, monitor, and controls the entire area.
This centralized system gathers data during the process and involves in the instruction transmission for controlling the process. This system is a remote terminal unit that is commonly known and abbreviated as RTU. Most of the actions of control are processed automatically by RTUs or PLCs.
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Key Players
ABB Ltd.
B-SCADA Inc.
Emerson Electric Co.
Endress+Hauser AG
General Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
International Business Machines Corporation (IBM)
Larsen & Toubro Limited
Mitsubishi Electric Corp.
Omron Corporation
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
TechnipFMC plc
Yokogawa Electric Corporation
Moreover, the market of SCADA is on-demand as the system is most commonly used for industrial process automation that helps to collect data from components and sensors that are fitted at remote sites and involved in the transmission of data at a central site for controlling purpose or maybe for managing. There are different kinds of Supervisory Control and Data Acquisition systems available in the market, such as monolithic SCADA, which was invented first, distributed SCADA is the second-generation SCADA, and networked SCADA is the most advanced and third-generation SCADA
The fastest-growing adoption of the cloud-based SCADA system, development of construction industry and infrastructural development such as transportation & smart cities, and fastest-growing digitalization has increased the mobile SCADA systems that help to drive the growth of the global SCADA market. This centralized system uses Visualization software for monitoring and controlling the industrial process is known as SCADA software. The use of specific software involved in the management and operation of construction for a project-driven process that tends to increase the global industry growth of the SCADA market.
Market Segmentation
The Global SCADA market has segmented primarily depending on their product type that collectively includes,
Hardware- This segmented type consists of the hardware components in this centralized system. The components such as programmable logic controller, RTU, supervisory computers, communication infrastructure, and discrete PID controllers.
Software- the SCADA system uses human-machine interface (HMI) software to interact with hardware elements such as sensors, valves, pumps, and motors by sending instructions.
Geographical Regions
Based on the region, the global industry of the SCADA market includes the region of Asia-Pacific, especially China, India, and many others, including Vietnam, Malaysia, Singapore, Thailand, Japan, and South Korea. The United States of America, Canada, from North America. Germany, Spain, France, the UK from Europe. Brazil, Mexico, and several states from South America. And the United Arab Emirates, Saudi Arabia, Turkey, Egypt, South Africa, and GCC Countries from the Middle East and Africa.
Industry News
The Global SCADA market is expecting to grow with 41,603 Mn USD at a Compound Annual Growth Rate (CAGR) of 6.4%, which is more than its expectations by the year 2023. The Global SCADA market was recorded to be moving at a higher positive side in the year 2016 with 27,900 Mn USD. The forecast period of the SCADA market is term as 2014-2023.
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Table Of Content:
1 Introduction
2 Market Overview and Qualitative Analysis
3 Segmentation of Global Market by Solution Format
4 Segmentation of Global Market by Advertising Type
5 Segmentation of Global Market by Industry Vertical
6 Segmentation of Global Market by Mobile Device
7 Segmentation of Global Market by Region
8 Competitive Landscape
9 Investing in Global Market: Risk Assessment and Management
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