San Francisco, May 13, 2016 (GLOBE NEWSWIRE) -- SCADA (Supervisory Control and Data Acquisition) systems facilitate the monitoring and control of various industrial processes, and infrastructure in manufacturing units. This is done by assimilating information about different equipments across processes including refining, transportation, power generation, manufacturing, and desalination.
Browse Full Research Report With TOC on http://www.radiantinsights.com/research/global-scada-market-2014-2018
Systems based on the Internet of Things (IoT) are considered to be the fourth generation of SCADA. The combination of SCADA systems with IoT is anticipated to transform the current ways of control systems. Big data analytics is fueling integration of instrumentation with SCADA data for analysis and scrutiny.
Global SCADA market is projected to grow at a CAGR of 7% from 2013 to 2018. Escalating adoption of SCADA in process automation industries is observed to be the main market driver. Main end-use industries for SCADA encompass oil & gas, energy & power, and water & wastewater. Increasing focus on renewable energy is expected to open up huge opportunities for the SCADA market in the coming years.
Growing availability of wireless sensor networking will influence the SCADA industry. However, high initial investment as well as cost of maintenance may prove restrictive to demand. Issues pertaining to cyber security could also have an adverse effect on market growth.
The worldwide SCADA market is segmented on the basis of components, architectures, applications, and geographies. PLC (programmable logic controller), RTU (remote terminal unit), HMI (human machine interface) and communication systems are the component categories.
Architecture includes software, hardware, and services. Energy & power, and oil & gas are important end-users of SCADA. Demand for water & wastewater applications will grow at an accelerated pace in the developing nations. This is attributed to rising infrastructural investments in those economies.
Browse All Reports of This Category at: www.radiantinsights.com/catalog/automotive
Geographically, the dominant SCADA markets are Asia, Europe, and the Americas. Asia would contribute maximally to the global market growth over the next five years. It would be followed by the Americas and Europe. Asia’s leadership would be on account of rising acceptance of automation with an aim to increase efficiency and uptime, and cutting down costs.
Leading players in the global SCADA industry are Siemens AG, ABB Ltd., and Schneider Electric SA. Other established vendors include Invensys Plc., Emerson Process Management, GE Intelligent Platforms, Rockwell Automation Inc., and Yokogawa Electric Corporation.
Covered in this Report
The Global SCADA market is driven mainly by process industries such as Energy and Power, Oil and Gas, and Water and Wastewater. The Energy and Power and Oil and Gas industries are the principal end-users of SCADA-based industrial control systems. However, the Water and Wastewater industry is also expected to grow fast in developing countries due to increasing investment in infrastructure, which is increasing the demand for SCADA-based industrial control systems.
The report covers the Americas, Asia, and Europe; it also covers the Global SCADA market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Regions
- Americas
- Asia
- Europe
Key Vendors
- ABB Ltd.
- Schneider Electric SA
- Siemens AG
Request A Sample Copy Of This Report at: www.radiantinsights.com/research/global-scada-market-2014-2018#tabs-4
Other Prominent Vendors
- CG Automation Solutions USA Inc.
- Emerson Process Management
- GE Intelligent Platforms
- Invensys plc
- Rockwell Automation Inc.
- Yokogawa Electric Corp.
Key Market Driver
Increasing Adoption in Process Automation Industries.
For a full, detailed list, view our report.
Key Market Challenge
High Initial Investment and Maintenance Costs.
For a full, detailed list, view our report.
Key Market Trend
Increasing Availability of Wireless Sensor Networking.
For a full, detailed list, view our report.
Explore Other Reports By Radiant Insights,Inc at
- China General Lighting Market –
http://www.radiantinsights.com/research/general-lighting-market-in-china-2015-2019
- 3D Printing Market in Education –
About Radiant Insights
Radiant Insights is a market research and consulting company offering syndicated research studies, customized reports, and consulting services. Our market research studies are designed to facilitate strategic decision making, on the basis of extensive and in-depth quantitative information, supported by extensive analysis and industry insights. Using a patented and robust research methodology, we publish exhaustive research reports covering a host of industries such as Technology, Chemicals, Materials, and Energy.Radiant Insights has a strong base of analysts, consultants and domain experts, with global experience helping us deliver excellence in all research projects we undertake.
Contact Details:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com