global scada market in power industry 2015-2019
TRANSCRIPT
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Global SCADA Market in Power Industry 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Market Highlights
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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Global SCADA Market in Power Industry 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “Vendors in the global power industry are incorporating innovative technologies in SCADA systems as additional features. For instance, mobile app-based SCADA and mobile monitoring, which involve the use of personal devices for industrial purposes, are fast gaining traction in the market, and we expect their use to increase during the forecast period. In addition, the incorporation of cloud technology in SCADA is fast gaining momentum, driven by the need to ease remote monitoring and control globally.”
• SCADA is an automation system that helps to acquire data from remote devices such as transmitters, pumps, and valves installed in the field and provides control remotely from SCADA host software platforms. It helps to turn the devices on and off according to the required process. It also has the functionality of graphic displays, trending, alarming, and historical storage of data.
• Technavio's analysts forecast the global SCADA market in power industry to grow at a CAGR of 6.45% over the period 2015-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver, challenge
and trend isavailable in our report:
Global SCADA Market in Power Industry 2015-2019
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Vendors
To understand the vendor landscape and for a full list of vendors view our
report:
Global SCADA Market in Power Industry 2015-2019
ABB
ABB was founded in 1988, and is headquartered in Zurich, Switzerland. The company provides automation and power technologies to diverse industries, including utilities, transport, infrastructure, and other industries.
Emerson Electric
Emerson Electric was founded in 1890, and is headquartered in Missouri, US. It provides technology and engineering solutions to the industrial, commercial, and consumer markets.
Schneider Electric
SE was founded in 1836, and is headquartered in Rueil-Malmaison, France. It produces a wide range of equipment and components for electricity distribution, energy management, and automation management.
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Market Landscape
• The SCADA software is usually customized based on individual customer needs either by the vendors or contractual software providers.
• The growing need for SCADA software that can be accessed through mobile devices is a major evolving trend in the SCADA software market.
• We expect it to shape the demand for the software in future.
• There is an increasing need for the SCADA software because of the additional flexibility it provides during the operation of HMI screens, interactive graphs, touch screens, and also while handling internet and intranet services.
• The demand for integration of SCADA software with enterprise software and other automation solutions is also on the rise.
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Key Market Highlights
• Authenticity • Delivery • Price• Service
Support
• The extensive use of cloud as a controller of SCADA is a major emerging trend in the SCADA market globally.
• In general, SCADA systems are designated and installed at particular plant facilities to control and monitor sensors and transmitters that are installed around the facility.
• They are regulated by the controllers and HMI screens. As the cloud computing technology has evolved over the years, most of the organizations are moving their databases to the cloud to achieve easy data access and speed up the decision-making processes.
• The key players in the market are diversifying their geographical presence through increased focus on APAC.
• These vendors invest huge amounts to upgrade their technologies.
• They offer a wide range of products at competitive prices to bring new customers into their fold. Other vendors have also started providing products at subsided rates, which is intensifying competition in the market.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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