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Global SCADA Market to Grow at a CAGR of 6.64% During the Period 2017-2021 Key Vendors – ABB, Emerson Electric, Honeywell International, Schneider Electric, Siemens

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Albany, NY -- (SBWIRE) -- 08/24/2017 -- Supervisory control and data acquisition (SCADA) is a control system used to monitor the complete process of production and obtain real-time data from sites, which are geographically separated. SCADA is mainly used in industries such as the oil and gas, water and wastewater treatment, power, chemical and petrochemical, pharmaceutical, automotive, and electrical and electronics. The implementation of SCADA system helps end-user industries in improving their efficiency and productivity by the introduction of SQL and the web-based applications into SCADA software.

Technavios analysts forecast the global SCADA market to grow at a CAGR of 6.64% during the period 2017-2021.

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Covered in this report

The report covers the present scenario and the growth prospects of the global SCADA market for 2017-2021. To calculate the market size, the report considers sales and services market.

The market is divided into the following segments based on geography:

Global SCADA Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Emerson Electric
Honeywell International
Schneider Electric

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Other prominent vendors
Rockwell Automation
General Electric
Yokogawa Electric
Mitsubishi Motors
Inductive Automation

Market driver
Increased extraction of shale gas
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Market challenge
Lack of awareness and high deployment costs
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Market trend
Growing demand for cloud-based SCADA systems
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Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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