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SCADA Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020

The Supervisory Control and Data Acquisition Market was valued at USD 23.20 billion in 2013, which is expected to reach USD 32.70 billion by 2020, growing at a CAGR of 5.0 per cent from 2014 to 2020.

According to a new market report published by Transparency Market Research “Supervisory Control and Data Acquisition (SCADA) Market – Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014-2020,” the market was valued at USD$23.20 billion in 2013, which is expected to reach USD 32.70 billion by 2020, growing at a CAGR of 5.0 per cent from 2014 to 2020.

Increasing demand for process automation in different energy verticals is the major factor driving the supervisory control and data acquisition (SCADA) market. Within the scope of this report, global supervisory control and data acquisition (SCADA) market has been covered.

Considering these factors, electrical power sector is anticipated to remain the top application sector for SCADA systems during the forecast period.

SCADA systems are used to control various complex systems and processes in industrial plants, such as power plants, oil and gas, water and wastewater, manufacturing, telecommunication, and pharmaceuticals among others.

Moreover, demand for reliable power distribution and transmission among different industries, rising demand for SCADA systems in oil & gas industry and increase in infrastructure investments in emerging markets of Asia Pacific for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market during the forecast period, i.e., from 2014 to 2020.

The global supervisory control and data acquisition (SCADA) market, by application, is divided into ten application segments: electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals and others.

By revenue, electrical power was the largest contributor in global supervisory control and data acquisition (SCADA) market in 2013, accounting for a market share of 17.7 per cent. The growth is attributed to increase in extent of application of SCADA in total grid automation projects in the power sector.

Countries like India and China are improving their infrastructure to curb power distribution and transmission losses. SCADA systems can store historical data for trend analysis and reduce manual labor by remotely locating affected sections.

Considering these factors, electrical power sector is anticipated to remain the top application sector for SCADA systems during the forecast period.

The global Supervisory Control and Data Acquisition (SCADA) market has been segmented into four broad regions: North America, Europe, Asia Pacific and the Rest of the World. By revenue, North America contributed largest market share in 2013, accounting for 33.80 per cent of the overall market.

Rapid advancement in process automation and large investments in energy verticals such as oil & gas and power among others, are primarily driving the growth of American market for supervisory control and data acquisition systems.

Some of the leading players in the market are ABB Ltd (Switzerland), Honeywell International, Inc. (U.S.), Emerson Electric Co. (U.S.), Alstom SA (France), Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), Omron Corp (Japan), General Electric Co (U.S.), Yokogawa Electric Corporation (Japan) and Schneider Electric SE (France) among others.

The scope of the report includes competitive analysis of various market segments based on the applications, components, architecture and in-depth cross sectional scrutiny of the supervisory control and data acquisition (SCADA)market across different geographic segments.

The market has been segmented as follows: Supervisory Control and Data Acquisition (SCADA) market, by Application:

• Electrical power

• Oil& gas

• Water& wastewater

• Manufacturing

• Transportation

• Telecommunication

• Chemicals

• Food& beverages

• Pharmaceuticals

Others Supervisory Control and Data Acquisition (SCADA) market, by Components:

• Human Machine Interface (HMI)

• Programmable Logic Controller (PLC)

• Remote Terminal Unit (RTU)

• SCADA Communication Systems

Others Supervisory Control and Data Acquisition (SCADA) market, by Architecture:-

• Hardware

• Software

Services Supervisory Control and Data Acquisition (SCADA) market, by Geography:

The market is segmented on the basis of geography into:

• North America

• Europe

• Asia Pacific

• Rest of the World (Latin America, Middle East and Africa)

You can browse the full SCADA Market press release report at http://www.transparencymarketresearch.com/pressrelease/scada-market.htm

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