Global SCADA Market Will Hit At CAGR Of 5.08% During Years 2016-2020 : MarketResearchReports.biz

"The Report Global SCADA Market in Process Industries 2016-2020 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz"

About SCADA Market in Process Industries

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.

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

Covered in this report

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

Technavio's report, 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.

Download Sample copy of this Report at http://www.marketresearchreports.biz/sample/sample/565573

Key vendors

  • ABB

  • Emerson Electric

  • Schneider Electric

  • Siemens

Other prominent vendors

  • GE

  • Honeywell

  • Mitsubishi

  • Omron

  • Rockwell Automation

  • 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

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Categories: Marketing, Automotive