SCADA Market by Application, by End User, and by Geography – Size, Share, Outlook, and Opportunity Analysis
SCADA Market |
SCADA
is a software and hardware-based system that enables industrial organizations
to monitor, collect, and process real-time data, as well as control industrial
processes locally or remotely. Furthermore, it allows end-users to interact
directly with devices such as sensors, valves, pumps, and motors via
human-machine interface (HMI) software and log events into a log file. The
demand for industrial SCADA systems is increasing all the time, as these
systems help to maintain efficiency, process data for smarter decisions, and
communicate system issues to help mitigate downtime. Ongoing technological
advancements in SCADA as a result of innovative efforts from market players
have further improved the system's efficiency, which is advantageous
for the SCADA Market.
A
wireless sensor network is a wireless network that is integrated with
distributed autonomous devices that consist of sensors that monitor physical or
environmental conditions (WSN). WSNs are used in a number of industries, including oil and
gas, pharmaceuticals, and water and wastewater treatment. Oil and gas plants are
typically located in outlying areas with harsh environmental conditions. Tanks,
compressors, generators, and separators in an oil and gas plant are monitored,
managed, and controlled by a SCADA market
using sensors deployed in a WSN.
The use
of a WSN lowers the costs of establishing a sensor network and communication
system. Because of the increased hardware requirements such as cables,
networking devices, routers, and network adapters, wired technology is more
expensive than wireless technology. Several parameters, such as pressure,
temperature, flow, and system level, are measured and detected in-plant
operations using a WSN. Using a WSN in the SCADA
market allows for real-time data monitoring and process control.
Thus, increasing R&D in the
field of WSN and its active adoption in SCADA systems would broaden SCADA's
application areas.
ABB
Ltd., Hitachi Ltd., Emerson Electric Co., Alstom, International Business
Machines Corporation, Honeywell International Inc., Schneider Electric,
Rockwell Automation, Inc., JFE Engineering Corporation, ICONICS, Inc.,
Mitsubishi Electric Corporation, and others are among the key players in the
global SCADA market.
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