The KBV Cardinal Matrix is a visual representation about the key players in the industry. The matrix is designed considering the major strategic developments including Mergers & Acquisitions, product launches, partnership among others and the financial strength of the company in the considered years. The SCADA Market is expected to reach $40.9 billion by 2023, rising at a market growth of 5.3% CAGR during the forecast period. Based on the Analysis presented in the Cardinal matrix, GE, Honeywell and Siemens AG are the forerunners in the SCADA market.

KBV Cardinal Matrix– SCADA Market Competition

scada market


Source: KBV Research Analysis, Company Publications and Secondary Research

GE Digital introduced new generation of Automation software portfolio. The Siemens Industry Automation Division had extended the range of functions in the Simatic WinCC Scada (Supervisory Control and Data Acquisition).

Companies such as ABB Ltd. and Emerson Electric Co. are the some of the key innovators in SCADA Market. Emerson Process Management has released enhancements to the OpenEnterprise v3 SCADA platform for the onshore oil and gas market. The detailed illustration of the recent strategic developments depicted in KBV Cardinal Matrix Chart is discussed in the report.

For more insights – https://kbvresearch.com/news/scada-market/

Related Reports:

North America SCADA Market (2017-2023)

Europe SCADA Market (2017-2023)

LAMEA SCADA Market (2017-2023)

Asia Pacific SCADA Market (2017-2023)