Shale Gas Extraction to Boost the Demand of Global Scada Systems Market
- Submitted by: hawer
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- Category: Science
- Date Submitted: 12/16/2015 11:24 PM
- Pages: 4
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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.
Browse the full Supervisory Control and Data Acquisition Market report at:
http://www.transparencymarketresearch.com/scada-market.html
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.
The global supervisory control and data acquisition (SCADA) market, by application, is divided into ten application segments: electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals and others.
By 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...
Browse the full Supervisory Control and Data Acquisition Market report at:
http://www.transparencymarketresearch.com/scada-market.html
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.
The global supervisory control and data acquisition (SCADA) market, by application, is divided into ten application segments: electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals and others.
By 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...