MRO Magazine

Global SCADA Market in Process Industries 2016-2020 – Growing Security Concerns a Key Challenge – Research and Markets


May 6, 2016
By Business Wire News

DUBLIN

Research and Markets has announced the addition of the “Global SCADA Market in Process Industries 2016-2020” report to their offering.

The global SCADA market in process industries is expected to grow at a CAGR of 5.08% during the period 2016-2020.

SCADA as a service or SCADA in the cloud is likely to be a next logical step in the evolution of automation technology in process industries. SCADA providers and end-users can significantly reduce costs, achieve greater flexibility, and enhance functionality by shifting to the cloud-based environment. SMEs face budget constraints and cuts that make it difficult to afford the initial investment in a SCADA system.

According to the report, smart grids are standard electricity grids equipped with computer technology. This system allows monitoring, analysis, control, and communication between energy retailers, distributors, and customers. SCADA uses data from smart meters and sensors equipped with smart grids to measure and monitor electricity consumption, feed-in and flows, analyze information, and automatically execute the decisions to optimize grid operations.

Further, the report states that SCADA systems suffer from insufficient electronic security measures in spite of widespread awareness of the threats and consequences.

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Market segmentation by application

PART 07: Market segmentation by end-user

PART 08: Geographical segmentation

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

For more information visit http://www.researchandmarkets.com/research/svvvg3/global_scada

Research and Markets
Laura Wood, Senior Manager
press@researchandmarkets.com
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Sector: Industrial Automation