The SCADA market is witnessing rapid accruals, witnessing rapid sales. Factors such as the rising demand for SCADA systems in increasing numbers of MES and spurring rise in a number of end-user industries, including pharmaceutical and food & beverage sectors, substantiate the market growth. Besides, the increasing adoption of SCADA technology in the oil & gas and EnP industries worldwide creates substantial market demand.
With increasing water purification & wastewater management activities, the market value is projected to escalate further in the review period. In this regard, Market Research Future (MRFR) asserts that the global SCADA market is estimated to create a substantial revenue pocket during the forecast period (2020-2027). Rapidly growing manufacturing, telecommunication, and chemical industries increase the market size.
Global SCADA Market - Segmentation
The market is segmented into components, deployments, end-users, and regions. The component segment is sub-segmented into hardware, software, and solutions & services. The deployment segment is sub-segmented into on-cloud and on-premise.
The end-user segment is sub-segmented into pharmaceutical, water & waste management, energy & power, food & beverage, oil & gas, telecommunication, manufacturing, chemical, and others. The region segment is sub-segmented into Asia Pacific, Americas, Europe, and the Rest-of-the-World.
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Major Players:
Players leading the SCADA market include Mitsubishi Electric Corporation, Schneider Electric SE, Omron Corporation, Siemens AG, Rockwell Automation, Checkpoint Software Technologies Ltd., Yokogawa Electric Corporation, Radiflow, General Electric, Emerson Electric Corporation, and Honeywell Automation, among others.
