SCADA Market Expected To Blowout At a CAGR of 6.5 %.

SCADA Global Market Research Report- Forecast to 2023

SCADA Market Expected To Blowout At a CAGR of 6.5 %| Forecast 2018 – 2023.

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Copyright © 2018 Market Research Future.

SCADA Global Market Research Report- Forecast to 2023

1 Summary SCADA systems are capable of communicating with adjacent technical equipment through network links such as profibus, RS-485 and others. Increase in technical developments has led to replacement of network links by Ethernet cables which can standardize communication protocols. SCADA systems are capable of providing remote access to monitoring systems with the help of internet by integrating with web technologies. This helps in monitoring controls in smart phones and tablets.

Key Players: Some of the major player operating in the market of Global SCADA are ABB (Sweden), Rockwell Automation (U.S.), Schneider Electric SE (France), Honeywell International Inc. (U.S.), Siemens AG (Germany), Emerson Electric (U.S.), eLynx Technologies (U.S.), Enbase Solutions (U.S.), Globlx (U.S.), Iconics (U.S.), IBM Corporation (U.S.), Mitsubishi Electric Corporation (Japan) among others.

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Copyright Š 2018 Market Research Future.

SCADA Global Market Research Report- Forecast to 2023

2 SCADA Global Market Overview: SCADA is an automation system that helps to acquire data from remote devices by using transmitters, pumps which is installed in the field. It provides remote control and also helps to operate the devices.

Exploration of new oil and gas fields and low operational cost are the key factors that have led to a spur in the market of SCADA system. Moreover, Factors such as graphic display, trending, alarm, and data storing features are driving the market. Huge potential from renewable energy sector, high investments in infrastructure are some of the factors which are booming the SCADA market. Additionally demand for reliable power distribution and transmission among different industries, rising demand for SCADA systems in oil & gas industry in emerging markets for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market during the forecast period. As per the study conducted by Market Research Future, the global market for SCADA systems is likely to grow at the CAGR of around 6.5%.

SCADA Global Market – Segmentation The scope of global SCADA systems market is segmented into two major segments which are explained below: 



By Technology o PLC o RTU o Communication System

By Application o Oil & Gas o Transport o Manufacturing o Others

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Copyright © 2018 Market Research Future.

SCADA Global Market Research Report- Forecast to 2023

SCADA Global Market – Regional Analysis: The global market for SCADA systems is one of the most technological advance market. To maintain the market position and to drive the market growth, all the major players continuously strive for technological development in their SCADA systems. Market leaders are rigorously involved in R&D activities, so as to develop feasible product, which fulfils all the client requirement over their automations requirement at all level of end user applications.

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Copyright Š 2018 Market Research Future.

SCADA Global Market Research Report- Forecast to 2023

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Copyright © 2018 Market Research Future.