North America leads the global SCADA systems market by 33.80% in 2013


Posted December 17, 2015 by hawerr

Supervisory control and data acquisition (SCADA) is a technique that uses combination of encrypted signals over different communication channels in order to furnish control of remote equipments.

 
According to a new market report published by Transparency Market Research “Supervisory Control and Data Acquisition (SCADA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” market was valued at USD 23.20 billion in 2013, which is expected to reach USD 32.70 billion by 2020, growing at a CAGR of 5.0% from 2014 to 2020.

Browse the full Supervisory Control and Data Acquisition Market report at:
http://www.transparencymarketresearch.com/scada-market.html

Increasing demand for process automation in different energy verticals is the major factor driving the supervisory control and data acquisition (SCADA) market. Within the scope of this report, global supervisory control and data acquisition (SCADA) market has been covered. SCADA systems are used to control various complex systems and processes in industrial plants, such as power plants, oil and gas, water and wastewater, manufacturing, telecommunication, and pharmaceuticals among others. Moreover, demand for reliable power distribution and transmission among different industries, rising demand for SCADA systems in oil & gas industry and increase in infrastructure investments in emerging markets of Asia Pacific for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market during the forecast period, i.e., from 2014 to 2020.

The global supervisory control and data acquisition (SCADA) market, by application, is divided into ten application segments: electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals and others.

By revenue, electrical power was the largest contributor in global supervisory control and data acquisition (SCADA) market in 2013, accounting for a market share of 17.7%. The growth is attributed to increase in extent of application of SCADA in total grid automation projects in the power sector. Countries like India and China are improving their infrastructure to curb power distribution and transmission losses. SCADA systems can store historical data for trend analysis and reduce manual labor by remotely locating affected sections. Considering these factors, electrical power sector is anticipated to remain the top application sector for SCADA systems during the forecast period.

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The global Supervisory Control and Data Acquisition (SCADA) market has been segmented into four broad regions: North America, Europe, Asia Pacific and RoW. By revenue, North America contributed largest market share in 2013, accounting for 33.80% of the overall market. Rapid advancement in process automation and large investments in energy verticals such as oil & gas and power among others, are primarily driving the growth of American market for supervisory control and data acquisition systems.

Some of the leading players in the market are ABB Ltd (Switzerland), Honeywell International, Inc. (U.S.), Emersion Electric Co.(U.S.), Alstom SA (France), Rockwell Automation, Inc.(U.S.), Siemens AG (Germany), Omron Corp (Japan), General Electric Co (U.S.), Yokogawa Electric Corporation (Japan) and Schneider Electric SE (France) among others. The report studies the global Supervisory Control and Data Acquisition (SCADA) market, and provides estimates in terms of revenue (USD Billion) from 2014 to 2020. The scope of the report includes competitive analysis of various market segments based on the applications, components, architecture and in-depth cross sectional scrutiny of the supervisory control and data acquisition (SCADA) market across different geographic segments.

The market has been segmented as follows:

Supervisory Control and Data Acquisition (SCADA) market, by Application:

Electrical power
Oil & gas
Water & wastewater
Manufacturing
Transportation
Telecommunication
Chemicals
Food & beverages
Pharmaceuticals
Others

Supervisory Control and Data Acquisition (SCADA) market, by Components:

Human Machine Interface (HMI)
Programmable Logic Controller (PLC)
Remote Terminal Unit (RTU)
SCADA Communication Systems
Others

Supervisory Control and Data Acquisition (SCADA) market, by Architecture:-

Hardware
Software
Services

Supervisory Control and Data Acquisition (SCADA) market, by Geography: The market is segmented on the basis of geography into:

North America
Europe
Asia Pacific
Rest of the World (Latin America, Middle East and Africa)

Browse the Full Press Release of Supervisory Control and Data Acquisition Market at:
http://www.transparencymarketresearch.com/pressrelease/scada-market.htm

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Issued By Mr.Sudip S
Country United States
Categories Business , Research , Semiconductors
Tags Supervisory Control and Data Acquisition Market , Global Supervisory Control and Data Acquisition Market , SCADA Market , Global SCADA Market
Last Updated December 17, 2015