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PRESS RELEASE from provider: Business Wire
This content is a press release from our partner Business Wire. The AP newsroom and editorial departments were not involved in its creation.

Worldwide SCADA Market Trends, Share, Size, Growth, Opportunity and Forecast (2019-2024): The Cost-Effectiveness of SCADA Frameworks is Creating High Demand - ResearchAndMarkets.com

February 28, 2019

DUBLIN--(BUSINESS WIRE)--Feb 28, 2019--The “SCADA Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The global SCADA market was worth US$ 18.6 Billion in 2018. Looking forward, the market value is projected to reach approximately US$ 26 Billion by 2024, exhibiting a CAGR of 5.7% during 2019-2024.

The popularity of SCADA is rising as it helps to quickly distinguish faults in machineries which makes minimization of defects conceivable. Additionally, the cost-effectiveness of SCADA frameworks is creating high demand for these systems worldwide.

Moreover, they can evenly distribute power by re-steering electricity from excess capacity regions to areas with a lack of power supply. This capability of restoring power is another advantage of SCADA, owing to which it is progressively making way into the mainstream market.

Another important factor that is boosting the sales of SCADA is its increasing employment in the oil and gas sector as it helps in improving the extraction output, streamlining production and curbing losses.

Based on end-user, the oil and gas segment currently accounts for the largest share.

Key Questions Answered

  • How has the global SCADA market performed so far and how will it perform in the coming years?
  • What are the key regional markets in the global SCADA market?
  • What is the breakup of the global SCADA market on the basis of component?
  • What is the breakup of the global SCADA market on the basis of architecture?
  • What is the breakup of the global SCADA market on the basis of end-user?
  • What are the various stages in the value chain of the global SCADA market?
  • What are the key driving factors and challenges in the global SCADA market?
  • What is the structure of the global SCADA market and who are the key players?
  • What is the degree of competition in the global SCADA market?

Topics Covered

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.4 Market Estimation

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Properties

4.3 Key Industry Trends

5 Global SCADA Market

5.1 Market Overview

5.2 Market Performance

5.3 Market Breakup by Component

5.4 Market Breakup by Architecture

5.5 Market Breakup by End-User

5.6 Market Breakup by Region

5.7 Market Forecast

6 Market Breakup by Component

6.1 Programmable Logic Controller (PLC)

6.2 Remote Terminal Units (RTU)

6.3 Human Machine Interface (HMI)

6.4 Communication Systems

6.5 Others

7 Market Breakup by Architecture

7.1 Hardware

7.2 Software

7.3 Services

8 Market Breakup by End-User

8.1 Oil and Gas

8.2 Power

8.3 Water and Wastewater

8.4 Manufacturing

8.5 Chemicals and Petrochemicals

8.6 Pharmaceutical

8.7 Others

9 Market Breakup by Region

9.1 EuropeNorth

9.2 North America

9.3 Asia Pacific

9.4 Middle East and Africa

9.5 Latin America

10 Global SCADA Industry: SWOT Analysis

10.1 Overview

10.2 Strengths

10.3 Weaknesses

10.4 Opportunities

10.5 Threats

11 Global SCADA Industry: Value Chain Analysis

12 Global SCADA Industry: Porters Five Forces Analysis

12.1 Overview

12.2 Bargaining Power of Buyers

12.3 Bargaining Power of Suppliers

12.4 Degree of Competition

12.5 Threat of New Entrants

12.6 Threat of Substitutes

13 Global SCADA Industry: Price Analysis

14 Competitive Landscape

14.1 Market Structure

14.2 Key Players

14.3 Profiles of Key Players

14.3.1 ABB Ltd.

14.3.2 Emerson Electric Co.

14.3.3 Rockwell Automation Inc.

14.3.4 Schneider Electric SE

14.3.5 Siemens AG

14.3.6 Alstom

14.3.7 General Electric Co.

14.3.8 Honeywell International Inc.

14.3.9 Omron Corporation

14.3.10 Yokogawa Electric Corporation

14.3.11 Iconics Inc.

14.3.12 Elynx Technologies LLC

14.3.13 Enbase LLC

14.3.14 GlobaLogix

14.3.15 Inductive Automation

For more information about this report visit https://www.researchandmarkets.com/research/gtg2jq/worldwide_scada?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20190228005499/en/

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SOURCE: Research and Markets

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PUB: 02/28/2019 08:01 AM/DISC: 02/28/2019 08:01 AM