SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA) MARKET ANALYSIS

Name: Supervisory Control and Data Acquisition (SCADA) Market Regional Analysis
Creator: Coherent Market Insights
License: https://www.coherentmarketinsights.com/privacy-policy

Supervisory Control and Data Acquisition (SCADA) Market, By Offering Type (Hardware, Software, and Services), By Component (Human-Machine Interface, Communication System, Remote Terminal Units, and Others), By Applications (Oil & Gas, Automotive & Transport, Electric Power, Food & Beverages, Manufacturing, Pharmaceuticals, and Water & Waste Water Management), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : May 2023
Code : CMI2158
Pages :187
Formats :
Excel and PDF
Industry : Information and Communication Technology

Regional Analysis

Global SCADA Market: Regional Insights

North America is expected to account for the largest market share in the SCADA market, while Asia Pacific is expected to witness fastest growth in the market over the forecast period. The market growth in North America is attributed to the presence of large number of market players such as Emerson Electric Co, Honeywell International Inc, Rockwell Automation, Inc. and increasing need to supervise and control industrial processes.

In Asia Pacific region, the automotive and other industries are focusing on investment strategies to digitize the manufacturing operation processes. According to Coherent Market Insights around US$ 101 billion investment is expected over the forecast period for smart grid technology development in China. Increasing demand for SCADA services among water and waste water management and energy distribution in emerging economies of Asia Pacific is expected to boost the market growth.

In addition, In Asia Pacific the adoption of SCADA for automation, water and waste water management, and energy distribution is growing due to which several automotive manufacturers such as Tata Motors Company, Honda Motor Co., Ltd. And Mahindra & Mahindra Ltd. These manufacturers are utilizing wireless communication technologies to update/substitute part of hardwired SCADA system arrangements to avail its benefits with reduced costs and better performance.

North America: U.S. and Canada

Latin America: Brazil, Argentina, Mexico, and Rest of Latin America

Europe: Germany, U.K., Spain, France, Italy, Russia, and Rest of Europe

Asia Pacific: China, India, Japan, Australia, South Korea, ASEAN, and Rest of Asia Pacific

Middle East & Africa: GCC Countries, Israel, South Africa, North Africa, and Central Africa