Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
High Growth Potential in the APAC Region is Set to Drive the Overall Revenue Till 2023
save 15 %
* Required Fields
Pay by invoice
The global Supervisory Control and Data Acquisition (SCADA) market is a well-established market and is witnessing a period of medium-to-low growth. It was valued at $5.29 billion in 2018 and is projected to reach $5.76 billion by 2023, growing at a CAGR of 1.7% from 2018 to 2023. The market has been holistically analyzed through 3 main segments, including SCADA hardware, software, and services. The SCADA hardware system consists of a series of RTUs, master stations, and the associated communication equipment. The software segment in this study includes, operating system software and industry-specific application software. The services segment includes project services, maintenance, and support services by SCADA system suppliers. It has been segmented into three end-user segments: electric power, oil and gas, and water and wastewater. Geographically, the SCADA systems market can be segmented into North America, EMEA, APAC, and Latin America. Under electric power, power generation through fossil fuel, wind, hydro, nuclear, and geothermal have been taken into account. Under water and waste water industries plant facilities that treat wet waste and recycle it within the production process have been considered. Under oil and gas, plants responsible for the production of crude petroleum, mining and extraction of oil from shale and oil sands, production of natural gas, sulfur recovery from the natural gas, and hydrocarbon liquid recovery have been included. With the impending exit of UK from the European Union, manufacturing industries are likely restrict themselves from investing in manufacturing units in the UK. Instead, they are expected to move to other parts of Europe. The European SCADA industry is expected to decline in terms of its growth rate during the next 4 to 5 years.• One of the major challenges faced by SCADA manufacturers in the global market is regarding enhanced cybersecurity needs. Cyber threats demand an extensive allocation of resources toward risk management which can increase CAPEX costs, restraining the adoption of smart solutions to improve operations in manufacturing industries.• A greater mix of renewable-energy based power generation, which is being increasingly decentralized, drives the development of microgrids. This ensures energy security with distribution networks and fuels the need for SCADA systems. • The current trend in the SCADA distribution channel involves different suppliers partnering with each other in order to provide a complete solution to end users. For example, sometimes in order to configure a complete system offering, SCADA suppliers may enter into an agreement with other vendors for an RTU, controller, or an application software catering to a particular industry.
Frost Radar™: Global Autonomous Mobile Robot Market, 2020
Cobots Transforming the Global Industrial Robotics Market—Opportunities Forecast
Opportunities of Autonomous Delivery Robots in Warehouse Management
Industrial Air Compressors Market Factbook, Global, Forecast to 2024
Metal 3D Printing Revolutionizing Modern Manufacturing
European Automation and Control Solutions Market in Oil and Gas Industry, Forecast to 2022
Global Enterprise Asset Management Software Market, Forecast to 2022
The Emerging IIoT Start-up Ecosystem—Innovative Start-ups in the IIoT Landscape
Global Programmable Logic Controllers Market, Forecast to 2021
Role of Governments in Promoting the Industrial Internet of Things (IIoT) in Asia-Pacific
health supplement market
energy storage market
packaged food industry
augmented reality market
alternative energy market
solar energy market
neurology devices market
cyber security market
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.