2020 SCADA Market to Grow at a CAGR of 7.24% Globally Says a Research Report Available at RnRMarketResearch.com
(PRWEB) November 16, 2014 -- Global SCADA market is expected to reach up to $11.16 billion by 2020, at an estimated CAGR of 7.24% from 2014 to 2020. APAC has been estimated to account the highest CAGR of 8.06% from 2014 to 2020 amongst all the geographic regions due to high investments in infrastructure development, mainly from countries such as India & China. Supervisory Control and Data Acquisition (SCADA) is an industrial control system that is used to gather data from sensors and instruments located at remote sites and then transmit and display this data at a central site for controlling or monitoring purposes. They are also used to collect and analyze data on real-time basis. The high potential from renewable energy and high investments in infrastructure are some of the factors that are driving the SCADA market. Complete report available at http://www.rnrmarketresearch.com/scada-market-by-components-plc-rtu-hmi-communication-systems-architecture-hardware-software-services-application-oil-gas-power-water-wastewater-transport-manufacturing-chemicals-market-report.html .
The SCADA market report classifies the market on the basis of component, application, architecture, and geography. Within component, the market report includes programmable logic component (PLCs), human machine interface (HMI), remote terminal units (RTUs), and communication systems. A SCADA system is used mainly for industry verticals such as oil and gas, power (T&D), and water and waste water applications. The report also covers the SCADA market by architecture which includes software, hardware, and services and divides the overall SCADA market based on the four major geographical segments- The Americas, APAC, Europe, and Rest of the world (ROW).
Companies profiled in SCADA market research report are ABB Ltd, Emerson Electric Co., Honeywell International, Rockwell Automation, Seimens AG, Alstom, General Electric, Omron, Schneider Electric, and Yokogawa Electric Co. Order a copy of this research report at http://www.rnrmarketresearch.com/contacts/purchase?rname=173396 .
Key Take-Away:
• The total revenue of the SCADA market is expected to grow at an estimated CAGR of 7.24% from 2014 to 2020
• Porter’s five forces have been explained in detail along with the value chain analysis for the SCADA market
• SCADA market includes statistics by components, architecture, application, and geography with detailed classification splits by revenue
• Illustrative segmentation, analysis, and forecast of the major geographical markets to give an overall view of the SCADA market
• Analysis of SCADA market with special focus on high growth application segment
• Detailed competitive landscape which includes key players, in-depth market share analysis, individual revenue, and market shares.
• Major market trends, drivers, restraints, and opportunities for the SCADA market
Priced at US$ 4650 for a single user, request a discount on this research at http://www.rnrmarketresearch.com/contacts/discount?rname=173396 .
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