What is SCADA System | How it is Work

 What is SCADA System & How does SCADA Work? 

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What is SCADA System & How does SCADA Work?

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.

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.

The key players influencing the market are  : ANDRITZ AG,  ABB Ltd.,  Fuji Electric Co., Ltd.,  General Electric,  Hitachi, Ltd.,  Honeywell International Inc.,  Mitsubishi Electric Corporation,  Siemens AG,  Schneider Electric SE,  Toshiba Infrastructure Systems and Solutions Corporation, Inc among others.

SCADA System: Everything You Need to Know

Growth in adoption of cloud-based SCADA system, infrastructural development such as smart cities & transportation, and high penetration of mobile SCADA systems drive the growth of the global SCADA market. However, cyber threats and requirement of high investment for setting up the SCADA system are expected to impede the SCADA market growth. On the contrary, surge in R&D activities in wireless sensor network in SCADA and rapid growth in big data along with analytics have increased the efficiency of SCADA systems, thus offering a major opportunity for market expansion.

The report focuses on the growth prospects and restraints of the market based on the analysis of regional trends. The study provides Porter’s Five Forces analysis of the industry to understand the impact of various factors such as bargaining power of suppliers, competitive intensity of competitors, threat of new entrants, threat of substitutes, and bargaining power of buyers on the growth of the SCADA market.

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