Electrical SCADA Market Scope
Electrical Supervisory Control and Data Acquisition (SCADA) refers to an industrial computer system that monitors and process real-time data and controls industrial processes locally or from a remote location. It allows the user to directly interact with devices like valves, pumps, sensor and motor through human-machine interface (HMI) software system and records each event into log file accordingly. In addition, the SCADA helps the company to take a vital decision and maintain the efficiency in the organization. The global electrical SCADA market is expected to witness high growth in the coming years owing to government initiatives toward the adoption of Industrial automation and rising investment in the electric network.
According to AMA, the Global Electrical SCADA market is expected to see growth rate of 7.48%
Research Analyst at AMA estimates that United States Manufacturers will contribute to the maximum growth of Global Electrical SCADA market throughout the predicted period.
ABB (Switzerland), Siemens (Germany), Schneider (France), Emerson (United States), Rockwell (United States), Honeywell (United States), Advanced Control Systems (United States), Open Systems International (United States), Mitsubishi Electric (Japan) and Bentek Systems (Canada) are some of the key players that are part of study coverage. Additionally, the Manufacturers which are also part of the research are Yokogawa Electric Corporation (Japan) and Larsen and Toubro (India).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
The study have segmented the market of Global Electrical SCADA market , by Application (Generation, Transmission and Distribution) and Region with country level break-up.
On the basis of geography, the market of Electrical SCADA has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
In September 2018, Indra, one of the leading global technology and consulting companies which provides a comprehensive range of proprietary solutions and cutting edge services with a high added value in technology based on a unique culture of reliability, flexibility and adaptability to the needs of its customers has acquired Advanced Control Systems (ACS), an American company specialized in SCADA and real-time solutions.
- Development and Innovation in Electrical SCADA
- Increase in Demand for Smartphones and IoT has Eased the Deployment of Electrical SCADA Systems
- Increasing Adoption of Industry 4.0
- Government Initiatives Toward the Adoption of Industrial Automation
- Rise in Investment in Electric Network
- Increasing Smart City Project in Developing Region
- Large-scale Developments in The Electrical SCADA Systems
- High Cost Required in Investment for Setting Up of SCADA System
- Increased Cyber Security Risk
Key Target AudienceElectrical SCADA Manufacturers And Suppliers, Electrical Power Research Institutes, Electrical SCADA System Providers, Technology Providers, Institutional Researchers And Professors, Research Organizations And Consulting Companies, Government And Research Organizations and National And Local Government Organizations