How Does SCADA System Works? Top 10 Companies Working to Stay on Top in SCADA System Industry
SCADA signifies to an industrial computer system which monitor and control an entire process. In case of transmission & distribution of electrical utilities, the SCADA observe the transformer, substations, and other electrical assets. Owing to increase in infrastructure development such as in transportation and smart cities is projected to help in promoting the use of SCADA systems.
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At present, with growing IoT applications, digital transformation, and AI demand for software platforms is witnessing acceptance among end users which is positively stimulating the scope of SCADA systems. Moreover, increase in the conceptualization of smart cities by using big data analytics & 5G, and adoption of 4.0 in process industries are some prominent factors which are anticipated to provide ample of growth opportunities to the players operating in the SCADA system market.
List of the Top Key Companies:
1. ANDRITZ AG
2. ABB Ltd.
3. Fuji Electric Co., Ltd.
4. General Electric
5. Hitachi, Ltd.
6. Honeywell International Inc.
7. Mitsubishi Electric Corporation
8. Siemens AG
9. Schneider Electric SE
10. Toshiba Infrastructure Systems and Solutions Corporation
Global SCADA System Market Analysis to 2027 is a specialized and in-depth study of the electronics and semiconductor industry with a special focus on the global market trend analysis. The report aims to provide an overview of the SCADA system market with detailed market segmentation- component, SCADA architecture, industry, and geography. The global SCADA system market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading SCADA system market players and offers key trends and opportunities in the market.
Source: The Insight Partners