SCADA Market trend to bring in Billion Sale for Schneider Electric, ABB and Siemens : Here’s all you need to know !

‘MarketsandMarkets’ Research Insight of SCADA Market report focused on Schneider Electric (France) and ABB (Switzerland) are the Key Players in the. The SCADA market is projected to grow form USD 11.0 billion in 2019 to USD 15.2 billion by 2024 it is expected to grow at a CAGR of 6.7% during the forecast period. To know about the assumptions considered for the study download the pdf brochure : https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19487518

Key players offering PLC SCADA solutions include major application are covered by giant companies like Schneider Electric (France), ABB (Switzerland), Siemens (Germany), Emerson Electric (US), Rockwell Automation (US), while other major players in this market include General Electric (US), Honeywell International (US), Yokogawa Electric (Japan), and OMRON (Japan). These players function globally and provide solutions and components linked to SCADA.

SCADA market for communication systems is expected to grow at highest rate from 2019 to 2024

Schneider Electric SCADA Electric is a French conglomerate and one of the world’s leading manufacturing software developers and dealers. The company designs, manufactures, and sells integrated products, systems, services, software, and solutions for energy management and mechanization applications. Supervisory Control and Data Acquisition (SCADA), distribution management software (DMS), and operation management software (OMS). Schneider provides OASyS dynamic network of application (DNA), a highly spread real-time supervisory control and data acquisition (SCADA), which is grounded on real-time SCADA System Solution.

ABB SCADA is a global leader in power and automation technologies. The company operates through 3 main divisions, namely, Electrification Products, Robotics and Motion, and Industrial Automation. ABB provides a wide range of products—from SCADA architecture to remote terminal units (RTUs). The 4 principal offerings by ABB in the SCADA market are Symphony, Symphony Plus, SCADAvantage, and Compact HMI. The company provides these PLC SCADA system for diverse applications in industries such as water & wastewater, energy & power, chemicals, pharmaceuticals, and food & beverages. SCADA system by ABB securely and efficiently manage all remotely controlled operations across energy generation, transmission, and distribution systems.

Americas expected to hold second-largest share of SCADA market during forecast period

Siemens SCADA operates in the fields of electrification, automation, and digitalization. The company offers products, services, and solutions for the effective use of resources and energy. It operates through the following business segments: Power and Gas, Healthineers, Energy Management, Digital Factory, Process Industries and Drives, Building Technologies, Wind Power and Renewables, and Others. The PLC SCADA system provided by Siemens is basically used to monitor and operate machines, lines, and entire plants as it provides transparency during production and offers maximum functionality, perfect process visualization, and a user-friendly interface across industries.

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