Showing posts with label Human Machine Interface. Show all posts
Showing posts with label Human Machine Interface. Show all posts

Monday 7 January 2019

SCADA Market for Communication Systems Expected to Grow at the Highest Rate by 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

• Download Informational PDF Brochure :- https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=19487518

Browse 69 market data tables and 117 figures spread through 201 pages and in-depth TOC on "SCADA Market - Global Forecast to 2022"

Factors that are driving the growth of the market include 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.

The communication system in SCADA system is a core component for monitoring the process control. The SCADA system cannot exist without a thoroughly designed communication network system. The Remote Terminal Unit (RTU) and Programmable Logic Controller (PLC) are connected to the SCADA system through the communication system. Owing to the applications of wireless communication system in large distribution networks, it is expected to continue to gain a large market share in the SCADA communications market.

“Market for software expected to grow at the highest rate during the forecast period”

SCADA software architecture consists of servers, software programs, and human–machine interface (HMI). SCADA servers are used for real-time database (RTDB) and are responsible for data collection and handling such as polling controllers, alarm checking, calculations of the process time and backup, logging and archiving, and exchange of information between processing system to computers which works 24*7, and also help in providing high level of cyber security.

“Oil and gas application expected to hold the largest share of the SCADA market”

The oil and gas application is expected to hold the largest share of the overall SCADA market. In the oil and gas application, SCADA systems are used to monitor and control the processing of oil from oil wellspring, through a network of pipelines to the refinery plants and further to end user locations. SCADA system provides a powerful and proactive method of diagnosing and detecting problems along with real-time data to make on-point decisions, helping to optimize profits.

The major players involved in the SCADA market are ABB (Switzerland), Alstom (France), Emerson Electric Co. (US), General Electric Co. (US), Honeywell International Inc. (US), Iconics Inc. (US), Omron Corporation (Japan), Rockwell Automation Inc. (US) Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

• Ask for Sample Pages of Report :- https://www.marketsandmarkets.com/requestsampleNew.asp?id=19487518

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

The rising demand for SCADA in industrial, automotive, power, oil and gas, pharmaceutical, and healthcare sectors to improve performance efficiency and reduction in overall operational cost is expected to drive the growth of the SCADA market in North America. The growth of the South American market is primarily driven by the economic developments, increasing foreign investment, and growing manufacturing industry in Brazil. The various exhibitions held in North America further boost the market in this region. For example, an international trade fair is likely to be held in 2018 for process, production, and industrial building automation, which directly involves SCADA products.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com

Tuesday 4 April 2017

Human Machine Interface Market (HMI) worth 5.86 Billion USD by 2022

According to the new market research report "Human Machine Interface Market (HMI) by Offering (Hardware (Basic HMI, Advanced PC-Based HMI, Advanced Panel-Based HMI) and Software (On-Premise HMI and Cloud-Based HMI)), Configuration Type (Stand-Alone HMI and Embedded HMI) - Global Forecast to 2022", the HMI market is expected to be valued at USD 5.86 Billion by 2022, growing at a CAGR of 9.0% between 2016 and 2022. Factors such as growing adoption of industrial automation equipment in the manufacturing sector, evolution of industrial internet of things (IIoT) and growing demand for smart automation solution, and growing need of efficiency and monitoring in the manufacturing plant are the factors driving the HMI market.

• Download Informational PDF Brochure :-
http://www.marketsandmarkets.com/pdfdownload.asp?id=461


Browse 74 market data tables and 86 figures spread through 172 pages and in-depth TOC on
“Human Machine Interface Market (HMI) - Global Forecast to 2022”

“Embedded HMI segment expected to grow at a higher rate during the forecast period”
The market for embedded HMI solution is expected to grow at a higher CAGR during the forecast period. Growing technological developments, increasing need of integrated systems, and ease in machine-to-machine (M2M) communication are some of the prominent factors expected to encourage the adoption of embedded HMI solutions during the forecast period.
“Market for cloud-based HMI to grow at the highest rate between 2016 and 2022”
The cloud-based HMIs are gaining popularity owing to the growing IIoT market and increasing demand for new technology by end-user industries. Furthermore, the cloud-based HMIs are being increasingly adopted as it provides better visibility and competitive edge over others. In cloud-based HMI solutions, service and infrastructure are provided off-site through a third-party service provider or a vendor who runs the software and manages data over internet. It is very important to deal with complex HMI systems as major end-user industries are using intelligent machines, new connected devices, and latest technology monitoring systems. Cloud-based software is creating value for adopters because of the features such as ability to connect the experts to the data from remote locations, cost-effectiveness, and high storage capability. However, the safety and security concern is still a major challenge for the adoption of cloud-based HMI solution.

“North America expected to dominate the HMI market between 2016 and 2022”

The HMI market in North America is primarily driven by the presence of a significant number of HMI solution providers and the growing high-end manufacturing activities in the region. In addition, the rising demand for embedded HMI solutions is expected to encourage the HMI market in North America. The R&D activities in the application areas of HMI are increasing owing to the encouraged adoption of IIoT and machine-to-machine communication (M2M) in various industries in this region.

The major players involved in the HMI market include ABB Ltd. (Switzerland), Advantech Co., Ltd. (Taiwan), Emersion Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Kontron AG (Germany), Mitsubishi Electric Corporation (Japan), Rockwell Automation, Inc. (U.S.), Schneider Electric SE (France), Siemens AG (Germany), and Yokogawa Electric Corporation (Japan).

About MarketsandMarkets

MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.

M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.

We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.

Contact:

Mr. Rohan
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
1-888-600-6441
Email: sales@marketsandmarkets.com