SCADA System by Technology SCADA, PLC, DCS, MDM, EMIS
What is SCADA System & How does SCADA Work?
SCADA signifies to an industrial computer system which monitor and control an entire process. In case of transmission & distribution of electrical utilities, the SCADA observe the transformer, substations, and other electrical assets. Owing to increase in infrastructure development such as in transportation and smart cities is projected to help in promoting the use of SCADA systems.
At present, with
growing IoT applications, digital transformation, and AI demand for software
platforms is witnessing acceptance among end users which is positively
stimulating the scope of SCADA systems. Moreover, increase in the
conceptualization of smart cities by using big data analytics & 5G, and
adoption of 4.0 in process industries are some prominent factors which are
anticipated to provide ample of growth opportunities to the players operating
in the SCADA system market.
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The key players influencing the market are ANDRITZ AG, ABB Ltd., Fuji Electric Co., Ltd., General Electric, Hitachi, Ltd., Honeywell International Inc., Mitsubishi Electric Corporation, Siemens AG, Schneider Electric SE, Toshiba Infrastructure Systems and Solutions Corporation, Inc among others.
SCADA System: Everything You Need to
Know
Growth in adoption of cloud-based
SCADA system, infrastructural development such as smart cities &
transportation, and high penetration of mobile SCADA systems drive the growth
of the global SCADA market. However, cyber threats and requirement of high
investment for setting up the SCADA system are expected to impede the SCADA
market growth. On the contrary, surge in R&D activities in wireless sensor
network in SCADA and rapid growth in big data along with analytics have
increased the efficiency of SCADA systems, thus offering a major opportunity
for market expansion.
The report focuses on the growth
prospects and restraints of the market based on the analysis of regional
trends. The study provides Porter’s Five Forces analysis of the industry to
understand the impact of various factors such as bargaining power of suppliers,
competitive intensity of competitors, threat of new entrants, threat of
substitutes, and bargaining power of buyers on the growth of the SCADA market.
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The report provides a detailed overview of
the industry including both qualitative and quantitative information. It
provides an overview and forecast of the global SCADA system market based on
various segments. It also provides market size and forecast estimates from the
year 2018 to 2027 with respect to five major regions, namely; North America,
Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South &
Central America. The SCADA system market by each region is later sub-segmented
by respective countries and segments. The report covers the analysis and
forecast of 18 countries globally along with the current trend and
opportunities prevailing in the region.
Reference: The Insight Partners
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