"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.
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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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