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Request for TOC report @ http://bit.ly/2uFCekh<br><br>The SCADA market based on components can be segmented into Human Machine Interface (HMI), Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), and communication systems. The RTU market is projected to hold a high revenue share in the overall SCADA market. The major share of RTU in the industry is credited to the components’ ability to allow efficient decision making for the operators. Deep sea exploration and extraction of shale gas in the oil & gas industry using several RTU systems are further driving the demand for the RTU device implementation.
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SCADA Market Share, Growth, Trends and Forecast by 2024: Global Market Insights, Inc. Fuel Cell Market size worth $25.5bn by 2024
Regional Analysis of SCADA Market : • Asia Pacific SCADA market is anticipated to offer high growth opportunities over the forecast time span owing to the rise in end-use applications such as manufacturing and telecommunication. • In addition, the increase in the number of developing industries, the need for automated industries, and growing living standards in the region have led to an increase in the energy demand from power and oil & gas industry. • These factors have led to an increased demand for automated solutions in the region thereby propelling the SCADA market growth.
Application Analysis of SCADA Market: • Lack of awareness about the ongoing Information Technology (IT) trends among businesses is a major factor hindering the deployment of SCADA systems in the industry. However, with recent advancements, the systems can easily be embedded in the smartphones, which is providing ease-of-access to all the workforces. • Consumerization of technology products and low protection for several industrial systems are further hampering the SCADA market growth. Weaknesses of these systems have led to the implementation of SCADA systems in infrastructures, which are susceptible to attacks and exploits. • The SCADA market based on components can be segmented into Human Machine Interface (HMI), Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), and communication systems. The RTU market is projected to hold a high revenue share in the overall SCADA market. The major share of RTU in the industry is credited to the components’ ability to allow efficient decision making for the operators. Deep sea exploration and extraction of shale gas in the oil & gas industry using several RTU systems are further driving the demand for the RTU device implementation.
Competitive Market Share of SCADA Market: • Key industry players operating in the SCADA market include ABB Ltd., Alstom, B-SCADA, Inc., Emerson Electric Company, General Electric Intelligent Platforms, Honeywell International, MPC Consulting, Omron, Power System Engineering, Rockwell Automation, Siemens AG, Schneider Electric SE, UTSI International Corporation, and Yokogawa Electric Co.
Browse Full Market Research Report On SCADA Market @ http://bit.ly/2eSDryB Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1925
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