The global supervisory control and data acquisition (SCADA) market is anticipated to record substantial growth rate over the forecast period. The growth of the market is attributed to increased adoption of Industry 4.0 in process industries, high demand for industrial mobility solutions to efficiently manage process industries and increasing adoption of software platforms including edge computing and IoT. SCADA systems are extensively utilized in Supervisory Control and Data Acquisition of industrial processes. SCADA is used extensively in the electricity sector. Other SCADA applications include gas and oil pipelines, water utilities, transportation networks, and applications requiring remote monitoring and control.
Similar to real-time process controls found in buildings and factory automation. SCADA systems have made substantial growth over the last decade in terms of performance, functionality, openness, and scalability and have emerged as an alternative to in house development for extremely complex control systems. The prevalence of SCADA systems has grown substantially to a point that presents a great deal of national infrastructure depends on it. The capabilities of the SCADA system have advanced from simply replacing lights to managing extremely complex critical safety shutdown systems and process control.
(Get 15% Discount on Buying this Report)
Get Report Sample Copy @ https://www.omrglobal.com/request-sample/scada-market
At present, components and systems are greatly compatible and switchable, offering utilities an extensive range of choices and prospects for customization services as SCADA becomes more integrated. SCADA systems are becoming progressively universal, as web portals, thin clients, and web-based products are gaining prominence among key dealers which will significantly contribute to global SCADA industry. Furthermore, other important challenges in the global SCADA market are the need to increase cybersecurity threat and the need of internet for SCADA to provide access to real-time data.
The highly competitive global SCADA market, with the continuous emergence of new SCADA vendors with new SCADA products and solutions, is witnessing increased competition among the SCADA vendors. To sustain a strong position in such a competitive market, SCADA manufacturers are constantly introducing new technologies and adding new functionalities to the existing SCADA systems. Furthermore, the global economic recession has resulted in an increase in the end-users’ demand for low-price solutions with the same high functionality. In such an environment, competitive pricing strategies are of paramount importance, as they better position SCADA vendors to meet the market needs. The ability to provide SCADA systems with high functionality at a lower price is likely to increase its scalability to the end-users, especially during the economic recession.
A Full Report of Global SCADA (Supervisory Control and Data Acquisition) Market is Available at: https://www.omrglobal.com/industry-reports/scada-market
The prominent players functioning in the global SCADA market include ABB Group, AVEVA Group PLC, Diamond Technologies Inc., Emerson Electric Co., General Electric Co., Honeywell International Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. These market players are continuously contributing to the market by implementing various market techniques and approaches which includes product launch and approvals, merger and acquisition, partnership, collaborations, and others for gaining a strong position in the market. The companies are increasingly investing in product development and innovation to gain a competitive share.
Global SCADA (Supervisory Control and Data Acquisition) Market- Segmentation
By End-User
- Power and Energy
- Oil & Gas
- Manufacturing
- Telecommunication
- Automotive
- Chemicals
- Food & Beverages
- Others (Transportation)
Global SCADA (Supervisory Control and Data Acquisition) Market- Regions
North America
- United States
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
Reasons to Buying From us –
- We cover more than 15 major industries, further segmented into more than 90 sectors.
- More than 120 countries are for analysis.
- Over 100+ paid data sources mined for investigation.
- Our expert research analysts answer all your questions before and after purchasing your report.
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/scada-market
(This release has been published on OMR Industry Journal. OMR Industry Journal is not responsible for any content included in this release.)
