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SCADA Market share, size 2019 global growth, new updates, trends, opportunities, industry expansion, challenges and forecasts till 2024

A fresh report titled on “SCADA Market” delivering key insights and providing a competitive advantage to clients through a detailed report. The report also details the information about the global market status, growth rate, future trends, market drivers, challenges, opportunities and porter’s forces analysis with respect to these elements. An exclusive data offered in this report is collected by research and industry experts team.

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The SCADA system is used to track and analyze real-time data, which is subsequently used to monitor and control industry processes. The SCADA market is expected to grow from US$ 11.0 Billion in 2019 to USD 15.2 Billion by 2024; it is expected to grow at a CAGR of 6.7% during 2019–2024.

Topmost Outstanding Market Players:

  • Schneider Electric (France)
  • ABB (Switzerland)
  • Siemens (Germany)
  • Emerson Electric (US)
  • Rockwell Automation (US)
  • General Electric (US)
  • Honeywell International (US)
  • Yokogawa Electric (Japan)
  • OMRON (Japan)

 

“Rising demand of RTUs is expected to encourage growth of SCADA market during forecast period”

RTUs are expected to account for the largest share of the SCADA market during the forecast period. An RTU is a field device that needs to be installed in operation sites. Operation sites for the oil & gas, power, and water & wastewater industries are large. Hence, RTUs are expected to continue to account for the largest market size in the coming years. Deep-sea exploration and extraction, along with shale gas, also contribute to the rising demand for RTUs.

 

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“Services architecture to hold largest market share of SCADA market”

The SCADA system services majorly include installation, maintenance, and modification. Services include providing increased security systems and latest technologies related to SCADA systems; there is a high demand for application-specific modification services, which has resulted in an increased number of services, including SCADA system recommendations, regulatory compliance services, re-commissioning or restart assistance, and legacy system support and migration services.

 

Breakdown of primary participants’ profile:

  • By Company type: Tier 1: 35%, Tier 2: 50%, and Tier 3: 15%
  • By Designation: C-level Executives: 40%, Directors: 45%, and Others 15%
  • By Region: Americas: 30%, Europe: 25%, APAC: 40%, and RoW: 5%

 

Competitive Landscape of SCADA Market:

1 Overview

2 Competitive Analysis

2.1 Ranking Analysis of Players in SCADA Market, 2018

3 Competitive Leadership Mapping, 2018

3.1 Visionary Leaders

3.2 Innovators

3.3 Dynamic Differentiators

3.4 Emerging Companies

4 Competitive Situations and Trends

4.1 Agreements, Collaborations, and Partnerships

4.2 Product Launches and Developments

4.3 Acquisitions and Expansions

 

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Technology

SCADA Market Research Report Covers – Product Types, Applications, Market Share, Market Size, Market Segmentation, Forecast 2027

New Jersey, United States,- The SCADA Market Size And Forecast to 2027

The report, titled SCADA Market Research Report, provides the market size and an overview of the SCADA market for the forecast period 2020-2027. The market value and share estimate is based on applications, product types and regional market segmentation. The report covers market shares, size, and forecast for the global and regional SCADA market. The report is updated with the latest changes in market dynamics due to the recent COVID-19 pandemic. The report provides a comprehensive impact analysis of the COVID-19 crisis on the entire market. The report also provides an overview of current and future market trends related to the COVID-19 pandemic. It also covers the current and future impact of the pandemic on the market.

SCADA Market was valued at USD 11.21 billion in 2019 and is projected to reach USD 15.28 billion by 2027, growing at a CAGR of 6.4% from 2020 to 2027.

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The report includes key strategic developments of the market along with advances in research & development, product launches, mergers & acquisitions, collaborations, partnerships, joint ventures, and regional growth of the key competitors operating in the SCADA market.

The report covers extensive analysis of the key market players in the market, along with their business overview, expansion plans, and strategies. The key players studied in the report include:

  • Emerson Electric Co.
  • Schneider Electric SE
  • Honeywell International
  • Yokogawa Electric Corporation
  • Iconics ABB
  • Rockwell Automation
  • Siemens AG and General Electric

The report is an all-inclusive document containing evaluations of the market features, revenue, production capacity, utilization, gross margin, CAGR, supply and demand ratio, export /import values, and production and consumption trends. The report also provides an accurate estimation of the competitive landscape using analytical tools such as Porter’s Five Forces Analysis, SWOT Analysis, Feasibility Study, and Investment Return Analysis.

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The report provides comprehensive data on the SCADA market and its trends to assist the reader in formulating decisions to accelerate the business. The report provides a complete overview of the economic scenario of the market, along with benefits and limitations.

SCADA market report contains industrial chain analysis and value chain analysis to provide a comprehensive view of the SCADA market. The study is composed of market analysis along with a detailed analysis of the application segments, product types, market size, growth rate, and current and emerging trends in the industry.

In Market Segmentation by SCADA Types and Applications, the report includes:

      SCADA Market, By Architecture

      Overview

      Software

      Hardware

      Services

      SCADA Market, By Application

      Telecommunication

      Transportation

      Manufacturing

      Pharmaceuticals

      Oil & Gas

      Food & Beverages

      Others

      SCADA Market, By Component

      Human Machine Interface

      Communication Systems

      Programmable Logic Controller

      Remote Terminal Units

      Others

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SCADA Market by Regional Segments:

The chapter on regional segmentation details the regional aspects of the SCADA market. This chapter explains the regulatory framework that is likely to impact the overall market. It highlights the political scenario in the market and anticipates its influence on the SCADA market.

  • The Middle East and Africa (GCC Countries and Egypt)
  • North America (the United States, Mexico, and Canada)
  • South America (Brazil etc.)
  • Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
  • Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)

The study provides exclusive details on the SCADA market on a global scale by segmenting the market into applications, product types, and regions. Regional segmentation comprises a current and forecast estimation of the market in the key geographical regions such as North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. The report also covers the scope of individual applications and types in each region.

Objectives of the SCADA Market Report:

  • Study and forecast analysis of the SCADA industry in the global market
  • Analysis of the key players operating in the market along with their SWOT analysis, their business profiles, business overview, market share, global position, and market value
  • Forecast of the market based on types, application, and regions for the period 2020-2027
  • Identification and analysis of significant trends and growth driving factors
  • Analysis of the key regions to pinpoint growth potential and study opportunities, threats, limitations, and risks
  • Analysis of the competitive landscape along with strategic mergers, expansions, agreements, partnerships, joint ventures, acquisitions, and product launches
  • Analysis of each market segment along with their growth trends and market contribution

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