SCADA Market to Reach $13.43 billion - Analysis By Component, Architecture, Application & Geography - Global Forecast to 2022 - Research and Markets

DUBLIN--()--Research and Markets has announced the addition of the "SCADA Market - Global Forecast to 2022" report to their offering.

The SCADA market is expected to grow at a CAGR of 6.6% between 2017 and 2022 to be worth USD 13.43 billion by 2022.

The key driving factors for the growth of the SCADA market are increased demand for industrial mobility for remotely managing the process industry, increasing adoption of cloud computing in SCADA system, increasing infrastructure development in terms of smart cities and transportation, and rising adoption of Industry 4.0 using SCADA system. However, the high investment cost for setting up of SCADA system, and declining and fluctuating oil and gas prices are considered to be the major restraints for the SCADA market.

Remote terminal unit is expected to hold a major share of the market by 2022. The digital and analog parameters of the field or plant such as the open or close state of a nozzle or the temperatures of particular equipment are monitored with the help of an RTU, which further transmits the data to a central monitoring station of SCADA system. The major share of RTU in the SCADA market is attributed to its ability to enables efficient decision-making for the operator.

Companies Mentioned

  • ABB Ltd.
  • Alstom
  • Deagital SAS
  • Elynx Technologies, LLC
  • Emerson Electric Co.
  • Enbase LLC
  • General Electric Co.
  • Globalogix
  • Honeywell International, Inc.
  • Iconics Inc.
  • Inductive Automation
  • Omron Corporation
  • Rockwell Automation, Inc.
  • Schneider Electric SE
  • Siemens AG
  • Yokogawa Electric Corporation

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 SCADA Market Analysis, By Component

8 SCADA Market Analysis, By Architecture

9 SCADA Market, By Application

10 Geographic Analysis

11 Competitive Landscape

12 Company Profiles

For more information about this report visit http://www.researchandmarkets.com/research/j4x4bk/scada_market_by

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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For GMT Office Hours Call +353-1-416-8900
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Fax (outside U.S.): +353-1-481-1716
Related Topics: Industrial Automation

Contacts

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
U.S. Fax: 646-607-1907
Fax (outside U.S.): +353-1-481-1716
Related Topics: Industrial Automation