SCADA Market for Water and Wastewater - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024
Albany, NY -- (SBWIRE) -- 08/02/2017 -- Global SCADA Market for Water and Wastewater: Overview
Supervisory control and data acquisition (SCADA) systems are complex software products that facilitate the gathering and analyzing of real-time data. SCADA networks help in remotely monitoring and controlling a variety of industrial devices and sensors that are part of an entire system. The statuses of these elements are then communicated to a central data processor.
Since the last few years, the SCADA market has become highly mature in terms of sophistication of the products available. Currently, technologically advanced and modular SCADA systems are capable of managing the dynamically changing infrastructure of the water and wastewater industries.
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The report analyzes the historical growth trajectory of the global SCADA market for the water and wastewater industries and includes information tracing the market's development back to the base year of the research. The report further presents a detailed analysis of the market's present state with the help of exhaustive information along with predictive analysis for market growth over the forecast period.
The report uses data that has been collected through primary and secondary research techniques and industry-best analytical methods to narrow-down market data into precise business insights. The major segments of the global SCADA market for the water and wastewater industries and the most influential vendors operating in it are also profiled in the report to present a 360-degree overview of the market.
Global SCADA Market for Water and Wastewater: Trends and Opportunities
Factors such as the convergence of smart devices in water utility infrastructure and rising competition among utility companies are boosting the market. Additionally, the need to scale up the existing infrastructure in order to effectively cater to the increasing population has contributed to the higher adoption of SCADA systems in the water and wastewater industries. Over the next few years, the rising demand for large-scale technological upgrades in water utility systems, especially in developing regions such as Asia Pacific, will also provide impetus to the global SCADA market for water and waste water industries.
Emergence of technologically advanced products featuring improved set of functionalities and capabilities, development of components that are scalable and easier for integration with dynamic systems, and significant improvement in communication channels will lead to increased adoption of SCADA systems in the water and wastewater industries during the forecast period.
Global SCADA Market for Water and Wastewater: Segmentation
In order to present an in-depth analysis, the market has been segmented on the basis of three broad criteria in the study: SCADA component, architecture, and geography.
On the basis of SCADA component, the market has been analyzed for SCADA communication systems, human machine interface (HMI), remote terminal unit (RTU), and programmable logic unit. On the basis of architecture, the global SCADA market for water and wastewater industries has been segmented into software, hardware, and services.
Global SCADA Market for Water and Wastewater: Region-wise Overview
The global SCADA market has been examined from a geographic standpoint for regional markets such as North America, Asia Pacific, Europe, and the Rest of the World (RoW). In terms of revenue, Asia Pacific is expected to account for the major share of the SCADA market during the forecast period.
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To serve more effectively to the burgeoning population, water and wastewater industries in these countries have started utilizing SCADA systems on a large scale to upgrade the utility infrastructures. The water and wastewater industries in developed regions are already using SCADA as the core technique to manage the highly developed utility infrastructure of the water and wastewater industries. This will also propel the demand for advanced SCADA systems during the forecast period.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.