HOME Research Insight ABB (Switzerland), Emerson Electric Co. (US), Rockwell Automation Inc. (US) Schneider Electric SE (France), and Siemens AG (Germany) are Some of the Leading Players in the SCADA Market



ABB (Switzerland), Emerson Electric Co. (US), Rockwell Automation Inc. (US) Schneider Electric SE (France), and Siemens AG (Germany) are Some of the Leading Players in the SCADA Market


Supervisory control and data acquisition (SCADA) is a supervisory system that collects data and provides the data to the user in an understandable form for controlling the process. It acts as an interface for plant machinery and devices such as valves, pumps, and motors, which are connected with the various components of SCADA, i.e., human–machine interface (HMI) and programmable logic controller (PLC). The SCADA market is expected to be valued at USD 13.43 Billion by 2022, growing at a CAGR of 6.6% between 2017 and 2022. The growth of this market is propelled by the increased demand for industrial mobility for remotely managing the process industry, increasing adoption of cloud computing in SCADA system, increasing infrastructure development in terms of smart cities and transportation, and rising adoption of Industry 4.0 using SCADA system

ABB (Switzerland), Emerson Electric Co. (US), Rockwell Automation Inc. (US) Schneider Electric SE (France), and Siemens AG (Germany) are some of the leading players in the SCADA market. Some of the key strategies adopted by the major players to gain a competitive edge in the market include new product launches and developments, agreements, partnerships, contracts, mergers, acquisitions, and expansions.

ABB (Switzerland) was the leading company in the SCADA market in 2016. The company has established a strong brand name owing to its innovative strength, technological excellence, high sustainability, and quality of products. To maintain its position in the market, the company has been focusing on organic growth strategies such as new product launches and developments. In October 2016, the company launched a “plug and play” micro-grid solution for distributed power generation. It has cloud-based remote service, which provides power access to remote areas with cost-efficient uninterrupted power supply to industries during both planned and unplanned power outages from the main grid supply. The technological innovation helps the company to gain a competitive advantage in the SCADA market.

Siemens AG (Germany) is one of the major players in the SCADA market. The combination of SIMATIC SCADA systems and SIMATIC Industrial PCs of Siemens provides a high-performance and reliable platform for the acquisition, evaluation, and visualization of data. The company adopted inorganic growth strategies such as joint venture and acquisition to gain a maximum share of the SCADA market. In December 2016, the company entered into a joint venture named as Valeo Siemens eAutomotive with Valeo S.A. (France) for high voltage powertrains for on-road vehicles. As Siemens uses SCADA system in automation technologies for monitoring and operating, the joint venture provides additional benefit to Siemens for expanding its product features. These active measures have helped the company strengthen its brand image and enhance its market presence.

Other companies involved in the development of SCADA systems include Alstom (France), General Electric Co. (US), Honeywell International Inc. (US), Iconics Inc. (US), Omron Corporation (Japan), and Yokogawa Electric Corporation (Japan).

Related Reports:

SCADA Market by Component (Programmable Logic Controller, Remote Terminal Unit, Human Machine Interface, Communication Systems), Architecture (Hardware, Software, Services), Application, and Geography - Global Forecast to 2022

Contact:
Mr. Rohan
MarketsandMarkets™
701 Pike Street,
Suite 2175, Seattle,
WA 98101, United States
1-888-600-6441
Email: sales@marketsandmarkets.com

Connect Us

Follow us on LinkedIn  Follow us on Facebook   Follow us on Twitter 
Live Chat Support


US : 1-888-600-6441

Search reports