Market Overview
The SCADA market is projected to grow at a CAGR of 9.80% during the forecast period 2018-2023. As per the SCADA market research report, the global market for SCADA is anticipated to grow rapidly. As per analysts, the burgeoning demand along with recent cyberattacks on companies worldwide will drive the market growth throughout the forecast period.
The SCADA market research report provides an in-depth analysis of the global SCADA market and its deployment type, component, and end-users segments. The high investment as well as lack of technical support is the factors which could affect the SCADA market growth during the forecast period 2018-2023. The SCADA Market research report by expert analysts is intended to help companies in the SCADA market.
Industry News
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Key Players
Schneider Electric SE, Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Siemens AG, Checkpoint Software Technologies Ltd., Radiflow, General Electric, Yokogawa Electric Corporation, Emerson Electric Corporation, and Honeywell Automation are eminent names profiled in in the SCADA market report.
The report offers comprehensive profiles on these market players and assesses their current standing in the SCADA market. Company history coupled with annual turnover, segmental share, SWOT analysis, growth strategies, new product launches, mergers and acquisitions (M&A) activities, and latest R&D initiatives are outlined in the report.
SCADA Market - Segmentation
By component, the SCADA market comprises hardware, software, and solutions and services. Two major methods of deploying SCADA systems outlined the report include on-premise and on-cloud. The report provides an extensive outlook on end-users leveraging on these systems to accelerate their processes. These include pharmaceutical, chemical, energy and power, food and beverages, water and waste management, oil & gas, telecommunication, manufacturing, and others.
The segments and sub-segments covered in the report are analyzed under four major regions – North America, Europe, Asia Pacific (APAC), and Rest-of-the-World (RoW), with respective country-level market sizing. The standard definition of “SCADA” is included in the report for a comprehensive understanding of the market. The report discusses and interprets the current trends and future opportunities of the market by delivering an unbiased growth assessment.
SCADA Market - Regional Analysis
Geographically, the global SCADA market has been divided into North America, Europe, Asia Pacific and Rest of the World. Among these regions, North America is dominating the SCADA market due to the presence of global players. U.S holds largest share in the North American region. The major factors such as investments in oil & gas industry as well as high consumption in the power industry are driving the SCADA market in this region. Moreover, large financial and technological investments for reliable and improvised power management system are also driving the demand in the SCADA market. Asia Pacific is the second largest market mainly due to significant infrastructural activities in recent times. Additionally increasing demand in the power generation industry in these regions is expected to drives the market.
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Market Research Future (MRFR) is an esteemed company with a reputation of serving clients across domains of information technology (IT), healthcare, and chemicals. Our analysts undertake painstaking primary and secondary research to provide a seamless report with a 360 degree perspective. Data is compared against reputed organizations, trustworthy databases, and international surveys for producing impeccable reports backed with graphical and statistical information.
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