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Global SCADA Market, By Component (PLC, RTU, Communication System), By Application (Oil & Gas, Transport, manufacturing and others) - Forecast 2016-2022.
SCADA Market Research Report - Forecast to 2022
Industry Survey, Growth, Competitive Landscapeand Forecasts to 2022
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
SCADA Market 2018: Industry Survey, Growth, CompetitiveLandscape and Forecasts to 2023
The Global Market of SCADA around the world is growing rapidly. Increasing demand for automation in different energy verticals is the key factor which driving the market of SCADA. North America leads the Global SCADA Market. It offers benefits such as real time detection of faults in machineries, decrease the amount of defects in output as well as decrease production cost. SCADA systems are being deployed in countries like India and China for smart grid techniques and to reduce power transmission and distribution losses. The existing supply and demand gap in the oil and gas sector has increased the need for efficient search and extraction of oil and gas. SCADA systems are implemented to maximize oil and gas extraction. Additionally
Increase transmission and distribution asset utilization, Strengthen grid stability and reduce the frequency and duration of operational disturbances as well as Accelerate restoration of services after energy supply disruptions occur are some of the factors which driving the demand for SCADA market.
SCADA is an automation system that helps to acquire data from remote devices by using transmitters, pumps which is installed in the field. It provides remote control and also helps to operate the devices. Exploration of new oil and gas fields and low operational cost are the key factors that have led to a spur in the market of SCADA system. Moreover, Factors such as graphic display, trending, alarm, and data storing features are driving the market. Huge potential from renewable energy sector, high investments in infrastructure are some of the factors which are booming the SCADA market. Additionally demand for reliable power distribution and transmission among different industries, rising demand for SCADA systems in oil & gas industry in emerging markets for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market during the forecast period. Whereas growing security concerns are acting as a challenge for SCADA market.
“Taste the market data and market information presented through more than 50 market data tables and figures spread in 100 numbers of pages of the project report. Avail the in-depth table of content TOC & market synopsis on “Global SCADA Market Research Report- Forecast 2022”
Study Objectives of SCADA markets Market.
Scope of the report
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The major player operating in the market of Global SCADA are
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