Tuesday, 29 July 2014

Supervisory Control And Data Acquisition (SCADA) Systems Market - Global Analysis and Industry Forecast 2014 – 2020

Real time data is the data or information which is delivered without any delay at the same moment as it is collected or generated. In order to gather, process and analyze this data; there exists a system called the Supervisory Control And Data Acquisition system, generally called as the SCADA. The basic aim of SCADA is to receive and acquire data and information from remote devices such as pumps, transmission devices, valves etc. and provide overall control remotely. This type of data is majorly used for navigation and tracking applications.
The global SCADA market is a well-defined and well-established market space that has been showing comparatively high growth trends in the recent years. With rising end-user investments in the field of monitoring, visualization and control equipment, the SCADA market is anticipated to experience a healthy growth and convert into a crucial part of the industrial automation. The SCADA market is rapidly growing with increasing applications in sectors such as power, oil and gas, water, and waste water. Even across sectors like food and beverage, pharmaceutical, chemicals, pulp and paper, SCADA is witnessing profound applications. This market has a wide classification with multiple architectures such as Monolithic, distributed, networked, and internet of things. These architectures make use of different components, which include PLC’s, RTU’s, HMI’s and Communication systems, at different levels of operations which can be broadly stated as field, telecommunication, SCADA/MTU, and enterprise.
Owing to widely distributed geographical assets, oil majors find SCADA systems advantageous for their operations, thereby making power and ‘oil and gas’ sectors as focus markets for the service providers. In addition to this, natural gas usage is gaining increasing importance in the energy market, which is fast emerging as lucrative market for SCADA vendors. This trend is observed due to clean emissions of Natural Gas followed by relatively low price and abundant availability. This tends to promote Natural Gas as an alternative to oil and coal for electricity generation, resulting in expansion of pipeline networks required to reach consumers. This will drive the demand for SCADA, which is required for monitoring of leaks, flow, and routing; thus, further promoting market growth. Piped distribution concept, if actualized, will create multiple opportunities for automation companies in terms of supplying SCADA systems. Demand for SCADA solutions will intensify since distribution will involve the transportation of gas for long distances.
With respect to geographies, developed regions such as North America and Western Europe are facing rising demand for modernization of power, water & waste water infrastructure. As a result of this, moderate growth in the SCADA market in these regions is expected over the coming years. However, the SCADA market in Europe is likely to be heavily influenced by the outcome of the on-going sovereign debt crisis. In other geographies, Middle East, Africa, Asia-Pacific, Latin America and Russia are expected to grow faster due to the need for new infrastructure investments in oil & gas, power, and water & waste water industries.
As this market needs immediate analysis, processing and delivery of data; time is a major constraint. In addition, a vital challenge that manufacturers will face is in ensuring amplified cyber security. With proprietary advancements to highly graded solutions along with the elevated number of networks between office networks, SCADA systems and the Net has made the SCADA system easily vulnerable to cyber attacks. A shift in security threats, and their intensity and complexity, is further expected to push the need for secure SCADA networks and systems.
Some of the major players in the SCADA systems market are Siemens AG, Rockwell Automation.INC, ABB Ltd., Schneider Electric, Emerson Electric Co., General Electric, Omron Corporation and Alstom.
This research report analyzes this market on the basis of its market segments, major geographies, and current market trends.
Geographies analyzed under this research report include
  • North America
  • Asia Pacific
  • Europe
  • Rest of the World
This report provides comprehensive analysis of
  • Market growth drivers
  • Factors limiting market growth
  • Current market trends
  • Market structure
  • Market projections for upcoming years
About Us
Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers.

Contact:

Transparency Market Research
90 State Street,
Suite 700,
Albany
NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453

Browse Market Research Blogs:

No comments:

Post a Comment