Skip to main content

Supervisory Control and Data Acquisition Market Business Segmentation by Revenue, Present Scenario and Growth Prospects 2026

Supervisory control and data acquisition (SCADA) is system of hardware and software that permits organization to monitor, command, control, gather, and process real-time data, remotely. Furthermore, supervisory control and data acquisition enables end user to directly interact with devices such as pumps, sensors, motors, and valves through human machine interface software and record events into a log file.


Global supervisory control and data acquisition market is expected to witness significant growth during the forecast period (2018–2026). The market growth is majorly attributed to continuous maintenance of machinery in various industry verticals such as automotive, oil & gas, energy power, and others, in order to ensure the safety of equipment, environment, and employee. Furthermore, rising demand for data sharing and real-time data monitoring from remote location is fueling demand for SCADA, which in turn reduces the operational cost and enhances the quality of work.

Real-time detection and minimization of flaws in machinery due to use of SCADA is expected to aid in growth of the market
Supervisory control and data acquisition is gaining popularity, owing to its feature that helps to detect fault in machinery promptly and minimize the defects. Moreover, it also helps in distribution of power by re-routing the power from excess capacity areas to regions where there is power shortage or need. Also the cost effectiveness of these system is fueling demand for SCADA among users. Furthermore, supervisory control and data acquisition enables real-time data monitoring from remote location thereby, reducing manpower and human errors.

Increasing adoption of cloud-based supervisory control and data acquisition system is expected to aid in growth of the market
Supervisory control and data acquisition (SCADA) is installed in order to monitor and control transmitters and sensors that have been set up in industrial facility. An operator controls the machinery with the help of human machine interface. The integration of supervisory control and data acquisition system with cloud computing technology enables operators to control application via internet remotely. Furthermore, numerous benefits offered by cloud –based SCADA systems such as ease to retrieve file & uploading, upgrading through cloud, scalability, and others is fueling adoption of cloud-based supervisory control and data acquisition system.

Infrastructural Development in terms of smart cities and transportation is driving the market growth
Urban infrastructure includes water supply, traffic control, electricity grid, and others that relies on supervisory control and data acquisition systems where it controls function and flows. Increasing infrastructural development such as smart cities, smart transportation in emerging economies such as China, India, and Brazil is expected to create a conducive environment for growth of supervisory control and data acquisition systems market. For instance, In 2016,government of India initiated 100 Smart Cities Mission, through which it is expected to invest over US$ 15 billion in order to build efficient and effective city management solution and infrastructure by 2020. Hence, increasing infrastructural development is majorly fueling growth of supervisory control and data acquisition market.

Browse More About the Market Study @ http://bit.ly/2WM9IfN
Increasing use of Big Data Analytics across various industry verticals is driving the market growth
Significant growth in big data along with analytics has improved the efficiency of supervisory control and data acquisition systems. Analytical software solutions help companies to improve decision-making, identify the root cause of problems thereby, reducing errors. Thus, organizations in various verticals are focusing on adoption of these tools globally. 

Some of the key players operating in the supervisory control and data acquisition market include Alstom, IBM Corporation, Honeywell International, Hitachi, Ltd., Emerson Electric Co., ABB Ltd., Rockwell Automation, JFE Engineering Corporation, Schneider Electric, and Mitsubishi Electric Corporation.

Labels:

Comments

Post a Comment

Popular posts from this blog

Application Delivery Network Market 2026 Focus On Research Methodology, Market Dynamics

Application Delivery Network is a set of technologies, which provides application availability, security, visibility, and acceleration. The application development network is primarily implemented to work with dynamic content. The major advantage of application delivery network is that it helps in improving the performance of Internet traffic. Increasing data traffic is major factor driving growth of the market. According to Coherent Market Insights, in 2016, 96,054 PB IP data traffic was generated per month and is projected to reach 278,108 PB IP data traffic by 2021, worldwide. Hence, increasing data traffic have accelerated the demand for application delivery network. Download PDF Copy @ https://www.coherentmarketinsights.com/insight/request-pdf/1390 Increasing adoption of mobile traffic is major factor driving growth of the market Increasing adoption of smart phones by user is one of the major reason for mobile data traffic. According to the Coherent Market Insights...
Post a Comment
Read more

Background Music Market Assessment, Forecast: Invant Research by 2026

Global background music market generated revenue of US$ 1.35 billion in 2017. By 2026, the background music market is expected to be valued at US$ 2.31 billion with a CAGR of 6.3% over the forecast period. AV system segment held dominant position in the global background music market in 2017 and is expected to retain its dominance over the forecast period. AV system segment generated revenue of US$ 824.5 Mn in 2017. Request sample copy here @ https://www.coherentmarketinsights.com/insight/request-sample/2563 Availability of variety of music online and affordable subscription services has increased demand for background music. Rather than using compact disc, retailers are now downloading and constantly updating music from online sources. According to Coherent Market Insights’ analysis, paid music streaming subscription revenue was around US$ 230 Mn in 2018 and will reach around US$ 342 Mn by end of 2022, globally. Moreover, to attract more consumers, royalty free background musi...
Post a Comment
Read more

Desktop virtualization Market Will Boost Developments in Global Industry by 2018-2026

Desktop virtualization is a virtualization technology, which is used to separate a computer desktop environment from physical computers by storing desktop in remote location server. Server virtualization has gained significant popularity among organizations to consolidate servers, however, desktop virtualization aid in reducing the complexity associated with deployment and maintenance of devices, which helps IT departments to reduce desktop maintenance cost. Elaborate more @ https://www.coherentmarketinsights.com/ongoing-insight/desktop-virtualization-market-1514 Due to various advantages such as cost saving, simplified management, security, flexibility, and increased productivity have led to increasing adoption of desktop application market globally. Trend of bring-your-own devices (BYOD) is a major factor for growth of the market. Employee satisfaction and retention, increased productivity, and cost saving are some of the advantages leading to demand for BYOD in various o...
Post a Comment
Read more