Supervisory Control and Data Acquisition (Scada) Systems Market - Global Industry Analysis, 2014 – 2020

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Real time data is the data or information which is delivered without any delay at the same moment as it is collected or generated. In order to gather, process and analyze this data; there exists a system called the Supervisory Control And Data Acquisition system, generally called as the SCADA. The basic aim of SCADA is to receive and acquire data and information from remote devices such as pumps, transmission devices, valves etc. and provide overall control remotely. This type of data is majorly used for navigation and tracking applications.

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The global SCADA market is a well-defined and well-established market space that has been showing comparatively high growth trends in the recent years. With rising end-user investments in the field of monitoring, visualization and control equipment, the SCADA market is anticipated to experience a healthy growth and convert into a crucial part of the industrial automation. The SCADA market is rapidly growing with increasing applications in sectors such as power, oil and gas, water, and waste water. Even across sectors like food and beverage, pharmaceutical, chemicals, pulp and paper, SCADA is witnessing profound applications. This market has a wide classification with multiple architectures such as Monolithic, distributed, networked, and internet of things. These architectures make use of different components, which include PLC’s, RTU’s, HMI’s and Communication systems, at different levels of operations which can be broadly stated as field, telecommunication, SCADA/MTU, and enterprise.

Owing to widely distributed geographical assets, oil majors find SCADA systems advantageous for their operations, thereby making power and ‘oil and gas’ sectors as focus markets for the service providers. In addition to this, natural gas usage is gaining increasing importance in the energy market, which is fast emerging as lucrative market for SCADA...