Report Description
A recent market
intelligence report that is published by Data Insights Partner on the global SCADA
Market makes an offering of in-depth analysis of segments and sub-segments in
the regional and international SCADA Market. The research also emphasizes on
the impact of restraints, drivers, and macro indicators on the regional and global
SCADA Market over the short as well as long period of time. A detailed
presentation of forecast, trends, and dollar values of global SCADA Market is
offered. In accordance with the report, the global SCADA Market is projected to
expand at a CAGR of 3.2 % over the period of forecast.
Market Insight, Drivers, Restraints
& Opportunity of the Market:
Supervisory
Control and Data Acquisition is a control system that uses data communication,
graphical and computer user interface for high level processing for top level
management. In order to maintain the efficiency and make smarter decisions,
companies usually use the SCADA technology for monitoring, gathering and
processing real time data.
With an increase
in utilization of software platforms like edge and IoT, adoption of Industry
4.0 in process industries, and high demand for mobility solutions for efficient
management of process industries are the major drivers for the growth of SCADA
Market in the forecast period. Due to its predictive maintenance, preventative
maintenance, improved integration and traceability to improve the food safety
and quality, food and beverage industry is utilizing SCADA for maintaining the
quality standards, report creations, and packaging etc. Government has
increased its investment in SMART City & transportation projects, giving
high importance to infrastructural development thereby driving the demand of
SCADA Market over the forecast period.
However, the
major challenge faced by the global SCADA Market is the fluctuations in oil
prices which creates an adverse impact on investment in critical
infrastructure. Also, high capital investment is required for installing and
maintaining the SCADA System which is further hampering the growth of this
market globally.
China, Japan
& India are the largest generators of electricity. Also, with the rising
necessity of high quality products and increased production rates and
increasing investment in transmission & distribution of power, Asia Pacific
region is expected to dominate the SCADA Market globally in the forecast
period. Global SCADA Market is highly fragmented and companies are now focusing
on new solutions to develop the current products and services, expansions,
agreements, joint ventures, partnership etc in order to strengthen their
portfolio and increase acquisition of customers. For eg. With Emerson acquiring
General Electric’s intelligent platform business in February 2019, it will
improve its offerings in automation, thereby increasing its business
operations.
Covid 19 is
causing a major impact on process automation and control and many industries
and professionals they serve.
Segment Covered:
This market
intelligence report on the global SCADA Market encompasses market segments based
on component, deployment, architecture, industry and country/regions.
In terms of component, the global SCADA Market is segregated into
§ Programmable Logic Controller (PLC)
§ Remote Terminal Unit (RTU)
§ Human Machine Interface (HMI)
§ Communication System
ü Wired Communication System
ü Wireless Communication System
§ Others
By deployment, the global SCADA Market is also classified into,
§ On-Premises
§ Cloud
By architecture, the global SCADA Market is also classified into,
§ Hardware
§ Software
§ Services
§ Others
By Industry, the global SCADA Market is also classified into,
§ Oil & Gas
§ Power
§ Water & Wastewater
§ Transportation
ü Traffic Signals
ü Mass Transit Systems
ü Railway Traction Systems
§ Manufacturing
§ Chemicals
§ Food & Beverages
§ Telecommunications
§ Pharmaceuticals
§ Others
By country/region, the global SCADA Market has been divided into
§ North America (the U.S., Canada),
§ Latin America (Brazil, Mexico, Argentina and other
countries),
§ Europe (Germany, France, the U.K., Spain, Italy, Russia,
and other countries),
§ Asia Pacific (India, Japan, China, Australia and New
Zealand and other countries),
§ Middle East and Africa (GCC, South Africa, Israel and
Other countries).
Profiling of Market
Players:
This business
intelligence report offers profiling of reputed companies that are operating in
the market. Companies such as
§ Schneider Electric SE
§ ABB Ltd
§ AVEVA Group Plc
§ Siemens AG
§ Emerson Electric Co.
§ Hitachi Ltd
§ Mitsubishi Electric
§ Rockwell Automation Inc.
§ General Electric
§ Honeywell International Inc.
§ ICONICS Inc.
§ Ovak Technologies
§ Partita IVA
§ Toshiba Infrastructure Systems & Solutions
Corporation
§ Yokogawa Electric Corporation
§ OMRON Corporation and many more
Others players have
been profiled into detail so as to offer a glimpse of the market leaders.
Moreover, parameters such as SCADA related investment & spending and developments by
major players of the market are tracked in this global report.
Report Highlights:
In-depth
analysis of the micro and macro indicators, market trends, and forecasts of
demand is offered by this business intelligence report. Furthermore, the report
offers a vivid picture of the factors that are steering and restraining the
growth of this market across all geographical segments. In addition to that, Growth
Matrix analysis is also provided in the report so as to share insight of the
investment areas that new or existing market players can take into consideration.
Various analytical tools such as DRO analysis, Porter's five forces analysis
has been used in this report to present a clear picture of the market. The
study focuses on the present market trends and provides market forecast from
the year 2020-2028. Emerging trends that would shape the market demand in the
years to come have been highlighted in this report. A competitive analysis in
each of the geographical segments gives an insight into market share of the
global players.
Salient Features:
Ø
This study offers
comprehensive yet detailed analysis of the SCADA Market, size of the market (US$ Mn), and Compound Annual Growth
Rate (CAGR (%)) for the period of forecast: 2020 – 2028, taking into account
2019 as the base year
Ø
It explains upcoming
revenue opportunities across various market segments and attractive matrix of
investment proposition for the said market
Ø
This market
intelligence report also offers pivotal insights about various market opportunities,
restraints, drivers, launch of new products, competitive market strategies of
leading market players, emerging market trends, and regional outlook
Ø
Profiling of
key market players in the world SCADA Market is done by taking into account various parameters such as
company strategies, distribution strategies, product portfolio, financial
performance, key developments, geographical presence, and company overview
Ø
Leading
market players covered this report comprise names such as Schneider Electric,
ABB, Siemens, Emerson Electric, Rockwell Automation, General Electric,
Honeywell International, Yokogawa Electric, OMRON and many more.
Ø
The data of
this report would allow management authorities and marketers of companies alike
to take informed decision when it comes to launch of products, government
initiatives, marketing tactics and expansion, and technical up gradation
Ø
The world
market for SCADA Market caters to the needs of various stakeholders pertaining to this
industry, namely suppliers, manufacturers, investors, and distributors for SCADA Market. The research also caters to the rising needs of consulting
and research firms, financial analysts, and new market entrants
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Research
methodologies that have been adopted for the purpose of this study have been
clearly elaborated so as to facilitate better understanding of the reports
Ø
Reports have
been made based on the guidelines as mandated by General Data Protection
Regulation
Ø
Ample number
of examples and case studies have been taken into consideration before coming
to a conclusion
Reasons to buy:
v
Identify
opportunities and plan strategies by having a strong understanding of the
investment opportunities in the SCADA Market
v
Identification
of key factors driving investment opportunities in the SCADA Market
v
Facilitate
decision-making based on strong historic and forecast data
v
Position
yourself to gain the maximum advantage of the industry’s growth potential
v
Develop
strategies based on the latest regulatory events
v
Identify key partners
and business development avenues
v
Respond to your
competitors’ business structure, strategy and prospects
v
Identify key
strengths and weaknesses of important market participants