What is SCADA System & How does SCADA Work?

SCADA signifies to an industrial computer system which monitor and control an entire process. In case of transmission & distribution of electrical utilities, the SCADA observe the transformer, substations, and other electrical assets. Owing to increase in infrastructure development such as in transportation and smart cities is projected to help in promoting the use of SCADA systems. At present, with growing IoT applications, digital transformation, and AI demand for software platforms is witnessing acceptance among end users which is positively stimulating the scope of SCADA systems. Moreover, increase in the conceptualization of smart cities by using big data analytics & 5G, and adoption of 4.0 in process industries are some prominent factors which are anticipated to provide ample of growth opportunities to the players operating in the SCADA system market. 

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SCADA System

Some of the leading players in global market are ANDRITZ AG, ABB, Fuji Electric, General Electric, Hitachi, Honeywell International, Mitsubishi Electric, Siemens AG, Schneider Electric SE,  Toshiba Infrastructure Systems and Solutions 

The global SCADA system market is segmented on the basis of component, SCADA architecture, and industry. Based on component, the SCADA system market is segmented into human-machine interface, programmable logic controller, remote terminal unit, communication systems. On the basis of SCADA architecture, SCADA system market is segmented into hardware, software. Based on industry, the SCADA system market is segmented on chemicals, transportation, food and beverage, manufacturing, oil and gas, power generation, water and waste water, others.

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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global SCADA system market based on various segments. It also provides market size and forecast estimates from the year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The SCADA system market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The reports cover key developments in the SCADA system market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations.

Source:- The Insight Partners