This market research report presents segmentation of the global SCADA market by type (solutions and services), end user (oil and gas, power, manufacturing, water and wastewater, chemical and petrochemical, and pharmaceuticals) and by geography (Americas, APAC, and EMEA). Key findings in the report also include an analysis of the leading vendors such as ABB, Emerson, Honeywell, Schneider, and Siemens.
Technavio has released a new market research report on the global SCADA market, which is expected to grow at a CAGR of around 7% between 2015 and 2019. The EMEA region dominates the supervisory control and data acquisition (SCADA) market by occupying around 43% of the total market share. Germany, France, and Italy are the market leaders in this region due to the presence of a large number of machinery and manufacturing industries.
“Integration of SCADA and big data analytics is gaining traction in the oil and gas, chemicals, and power sectors. SCADA is integrated with data sources to compile and analyse information across plant operations, through centralized monitoring. Integration of analytics in SCADA uses predictive modeling, forecasting, optimization, and statistical analysis, and helps in identifying faulty processes. Oil and gas industries are using this integration system in exploration and production, midstream pipelines and transportation, and downstream refining and petrochemicals processes that require real-time data streaming,” says Navin Rajendra, Lead Analyst, Industrial Automation, Technavio Research.
Growing demand for uninterrupted power and energy has led to the increased adoption of SCADA systems across various process industries. These industries use SCADA systems for data acquisition, communications, control, and infrastructure management. Being resistant to physical and cyber-attacks, SCADA enhances network resources through effective supervision and reduce the support and operational costs.
The top five vendors dominating the global SCADA market include ABB, Emerson, Honeywell, Schneider, and Siemens. This market is highly competitive due to the presence of established automation vendors who provide DCS, PLC, HMI and other related products. The international vendors are forecasted to grow inorganically due increased mergers and acquisitions during the forecast period.
A more detailed analysis is available in the Technavio report, Global SCADA Market 2015-2019 – Market Research.
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