Global SCADA Market in Process Industries to grow at a CAGR of 5.08% during the period 2016 - 2020; Finds New Report

Report forecast the global SCADA market in process industries to grow at a CAGR of 5.08% during the period 2016-2020.

SCADA connects multiple systems to one centralized operation, and enables control from a remote location. The technology is mainly used for data acquisition, communications, control, and infrastructure management in an industrial set-up.

Municipal bodies worldwide are adopting SCADA systems for efficient supply and distribution of water and recycling wastewater in urbanized areas. Vendors are shifting to cloud-based SCADA to overcome issues related to the hardware layer of IT infrastructure and maintenance, resulting in reduced end-user costs and greater flexibility. However, the implementation of SCADA and the costs incurred in switching vendors are high. This makes the existing end-users stay with the same provider and the new users cautious before implementing the system.

The report covers the present scenario and the growth prospects of the global SCADA market in process industries for 2016-2020. To calculate the market size, the report considers the revenue generated from the sale of SCADA solutions and services.

The market is divided into the following segments based on geography:

• APAC
• Americas
• EMEA

According to the report, smart grids are standard electricity grids equipped with computer technology. This system allows monitoring, analysis, control, and communication between energy retailers, distributors, and customers. SCADA uses data from smart meters and sensors equipped with smart grids to measure and monitor electricity consumption, feed-in and flows, analyze information, and automatically execute the decisions to optimize grid operations.

Further, the report states that SCADA systems suffer from insufficient electronic security measures in spite of widespread awareness of the threats and consequences.

Global SCADA Market in Process Industries 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the Global SCADA Market in Process Industries: ABB, Emerson Electric, Schneider Electric and Siemens.

Other Prominent Vendors in the market are: GE, Honeywell, Mitsubishi, Omron, Rockwell Automation and Yokogawa Electric.

Market driver

• Rise of smart grid technology
• For a full, detailed list, view our report

Market challenge

• Growing security concerns
• For a full, detailed list, view our report

Market trend

• Popularity of SCADA as a service
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 49 pages and 24 Exhibit “Global SCADA Market in Process Industries 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market Overview, Market Landscape, Market segmentation by application, Market segmentation by end-user, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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