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Transparency Market
Research
SCADA Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 – 2020
Published Date
2015-02-27
125 Page Report
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Press Release
Global Supervisory Control and Data Acquisition (SCADA) Market
is Expected to Reach USD 32.70 billion in 2020
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SCADA Market
REPORT DESCRIPTION
SCADA Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 – 2020
According to a new market report published by Transparency Market Research “Supervisory
Control and Data Acquisition (SCADA) Market - Global Industry Analysis, Size, Share, Growth,
Trends and Forecast, 2014 - 2020,” market was valued at USD 23.20 billion in 2013, which is
expected to reach USD 32.70 billion by 2020, growing at a CAGR of 5.0% from 2014 to 2020.
Increasing demand for process automation in different energy verticals is the major factor driving
the supervisory control and data acquisition (SCADA) market. Within the scope of this report,
global supervisory control and data acquisition (SCADA) market has been covered. SCADA
systems are used to control various complex systems and processes in industrial plants, such as
power plants, oil and gas, water and wastewater, manufacturing, telecommunication, and
pharmaceuticals among others. Moreover, demand for reliable power distribution and
transmission among different industries, rising demand for SCADA systems in oil & gas industry
and increase in infrastructure investments in emerging markets of Asia Pacific for efficient oil
extraction are likely to accelerate the growth of supervisory control and data acquisition market
during the forecast period, i.e., from 2014 to 2020.
Browse the full SCADA Market report at
http://www.transparencymarketresearch.com/scada-market.html
The global supervisory...