SCADA- Offering the Ease of Monitoring Sensors placed at Distances, from One Central Location

Posted by Harry W.
4
May 4, 2016
99 Views
Image

 Supervisory control and data acquisition (SCADA) is a technique that uses combination of encrypted signals over different communication channels in order to furnish control of remote equipments. With the help of SCADA systems, decrease in production cost, decrease in amount of defects in output, real time detection of faults in machineries, and other production process related advantages can be availed. The SCADA systems use one communication channel for each remote station to acquire data from distant devices such as valves, transmitters, and pumps to provide total remote control from a host software platform. SCADA systems are a type of industrial control system (ICS). However, they are suitable for large scale procedures and can incorporate multiple sites at a time.


Technical Knowledge of SCADA and its Trends @ http://bit.ly/1SUYEBU


SCADA 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. 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.


Various Factors which makes Market of SCADA to Rise Expeditiously:


> Rising infrastructure investments in emerging economies

> Increasing demand for SCADA in the oil and gas sector

> Growing risk of cyber threats

> Surge in process automation in various industry verticals


In terms of revenue, electrical power was the largest contributor in global supervisory control and data acquisition (SCADA) market in 2013, accounting for a market share of 17.7%. The growth is attributed to increase in extent of application of SCADA in total grid automation projects in the power sector. Countries like India and China are improving their infrastructure to curb power distribution and transmission losses. SCADA systems can store historical data for trend analysis and reduce manual labor by remotely locating affected sections. Considering these factors, electrical power sector is anticipated to remain the top application sector for SCADA systems during the forecast period.


Some of the leading players in the market are ABB Ltd (Switzerland), Honeywell International, Inc. (U.S.), Emersion Electric Co.(U.S.), Alstom SA (France), Rockwell Automation, Inc.(U.S.), Siemens AG (Germany), Omron Corp (Japan), General Electric Co (U.S.), Yokogawa Electric Corporation (Japan) and Schneider Electric SE (France) among others. The report studies the global Supervisory Control and Data Acquisition (SCADA) market, and provides estimates in terms of revenue (USD Billion) from 2014 to 2020. The scope of the report includes competitive analysis of various market segments based on the applications, components, architecture and in-depth cross sectional scrutiny of the supervisory control and data acquisition (SCADA) market across different geographic segments.


Professional Aspects of SCADA: http://is.gd/4yMmZc

Comments
avatar
Please sign in to add comment.