SCADA Market

Date: 6/23/2014

SCADA Market Worth $11.16 Billion by 2020-Included PLC, RTU, HMI, and Communication Systems for Oil & Gas, Power, Water & Wastewater, Transport, Manufacturing, and Chemicals Applications

The Supervisory Control and Data Acquisition (SCADA) Market Includes Programmable Logic Controllers (PLCs), Remote Terminal Units (RTUs), Human Machine Interface (HMI), and Communication Systems

  • By: marketsandmarkets.com
  • Publishing Date: May 2014
  • Report Code: SE 2439

The Supervisory Control and Data Acquisition (SCADA) market includes Programmable Logic Controllers (PLC), Remote Terminal Units (RTU), Human Machine Interface (HMI), and communication systems. SCADA market is expected to grow in the forecasted period as there is huge potential from renewable energy sector, high investments in infrastructure for sectors such as oil and gas, power (transmission and distribution), and water and wastewater management. These are some of the factors which are driving the growth of the SCADA market. Cyber security threat is considered as an important restraint which is being faced frequently by the SCADA market.

A SCADA system turns out to be increasingly relevant as the trend toward its integration with the recently developed IT and telecom systems have increased. With the advancement in technology, the application of supervisory control and data acquisition has gradually increased and the industries are now utilizing systems for process improvement. The Internet of Things (IOT) based is considered as the fourth generation of supervisory control and data acquisition (SCADA). The emerging big data, along with the analytics, has led to the integration of instrumentation with SCADA data to analyze and scrutinize the data of the process. Continuous advancements in the market for industrial automation are expected to bring significant benefits to the end-customers in perspective of increased profitability and improved efficiency.

The SCADA market is expected to show a huge potential in industrial controls and automation and is forecasted to grow at a CAGR of 7.24% in the next 5-6 years of timeframe. The need for increase in operational efficiency, high uptime, improved quality along with the quantity, and ease of controlling and monitoring of the industrial process are factors that are helping to develop the market. Demand of the supervisory control and data acquisition systems will be driven by huge potential from renewable energy sector and high investments in infrastructure for sectors such as oil and gas, power (transmission and distribution), and water and wastewater management. Cyber security threat is considered as an important restraint which is being faced frequently by the market.

The Internet of Things (IOT) and emergence of cloud-based technologies are increasing the scope for the SCADA market. The number of Internet users has increased drastically in the last decade and almost doubled in the last eight years. The advancement in wireless technology has led to the development of products such as wireless PLCs, wireless RTUs, and other field devices. The development of these products has enabled the user to control the process through multiple locations without having a physical connection between these devices. Various product ranges are going through uprising innovations for the next generation of the market.

Geographical split for the SCADA market is included in the report. It presents the market size of different geographies. SCADA market report divides the overall market based on the four major geographical segments- The Americas, Europe, APAC, and Rest of the world (ROW). Asia Pacific (APAC) is estimated to contribute the major share in the SCADA market, which is then followed by the Americas and Europe.

The overall SCADA market is segmented into four major segments- components, architecture, application, and geography. All the segments are separately classified in the report. The SCADA market is expected to reach up to $11.16 billion by 2020, at an estimated CAGR of 7.24 % from 2014 to 2020. Some of the players involved in the market include ABB Ltd. (Switzerland), Rockwell Automation (U.S.), Siemens (Germany), Schneider Electric (France), Honeywell International (U.S.), Yokogawa (Japan), Emerson (U.S.), General Electric (U.S.), Alstom (France), and OMRON (Japan).

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CONTINUATION:

Human Machine Interface (HMI) Panels and Enhanced Operator Interface Terminals Improve Industrial Automation and Process Control Efficiency

Human Machine Interface (HMI) Panel PCsAIS, the leader in visualization, control and monitoring and displays solutions, with comprehensive in-house custom engineering and management capabilities, announces the availability of their expansive family of scalable Human Machine Interfaces (HMIs) and operator interface panels for automation and process control industries.  Applications in process industries such as Oil Refineries, Rigs & Processing Plants, Chemical Processing Plants, Gas Pipelines, Coalmines, Printing Industries, Paper & Textiles, Automotive Refueling Stations & Petrol Stations, Power Generation, Water & Waste Water, Food & Beverage, benefit from utilizing AIS’s HMIs, operator interfaces and rugged panel PCs for visualizing, controlling and monitoring for automation, process flow and batch control. Learn More >

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