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.
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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
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