SCADA Market Competitive Landscape, Recent Development and Overview by 2030

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SCADA Market Competitive Landscape, Recent
Development and Overview by 2030
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• Industry Insights

• The SCADA market is anticipated to surpass USD 85
  billion in revenue by 2030. Industry is
  displaying a steady recovery from the downfall
  witnessed during the COVID-19 pandemic due to
  disruptions in manufacturing processes. The
  resumption of business operations as a result of
  shifting consumer preferences and lifestyle
  changes, along with declining cases, has,
  however, augmented the consumption of premium
  commodities, automotive products, and advanced
  vehicles, thereby proliferating the demand for
  SCADA systems among operators to access
  actionable data.
• The SCADA market technology is utilized in
  electricity generation, water management,
  insulation in buildings, the oil gas space, and
  the food beverage industry, among others.
  Furthermore, burgeoning demand for automated
  technologies has pushed the penetration of such
  technologies for managing production processes,
  especially in the oil gas sector, which
  provides operators the ability to monitor
  pipelines and gas well production.

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• The end of the COVID-19 pandemic brought
  prominent changes in the RD outlook across the
  healthcare sector. The growing awareness among
  firms has boosted the uptake of SCADA market
  systems in the manufacturing and industrial
  sectors. Many industry players have been
  innovating new products to offer increased
  efficacy to consumers, which is slated to impel
  business growth.
• For instance, in October 2022, Delta Electronics
  Inc., a Taiwanese manufacturing company, upgraded
  two of its products, including its DIAView SCADA
  market software version V3.7, and announced the
  integration of Industrial PPCs to its DIAVH
  series. The combination of the two products is
  set to deliver easy connectivity of IIoT and
  improve performance by extending the existing 4GB
  RAM with an additional 8GB of RAM.
• The mounting need for effective software that
  provides real-time data and delivers high
  performance has encouraged varied emerging
  nations to adopt SCADA market systems for power
  generation facilities. The supervisory control
  and data acquisition systems assist operators in
  decreasing downtime while allowing proactive
  maintenance, which is increasing the use of SCADA
  software in these facilities

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• Competitive Analysis

• Global SCADA Market growth will be positively
  affected by the notable presence of reputed
  organizations, such as ABB Ltd., Emerson Electric
  Co., Siemens AG, Rockwell Automation, Inc.,
  Schneider Electric SE, Omron Corporation,
  Yokogawa Electric Corporation, Mitsubishi
  Electric, Honeywell International Inc., and
  Toshiba Infrastructure Systems Solutions
  Corporation.

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