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The SCADA Market in Asia Pacific is expected to register a CAGR of 7.1% during the forecast period (2017 - 2023). SCADA (Supervisory Control and Data Acquisition) is an automated tool used in supervising, analyzing, collecting data and generating reports. Implementing automation is the next logical step leading to optimization of processes. Automation is geared towards significantly reducing the human intervention and eventually leading to fully autonomous functioning of industrial processes.
Continuous advancements in software, hardware (smart sensors) and development of complex machine algorithms and machine learning based systems have been the pivotal concepts in automating tasks that require complex synthesis of sensory data. The need for operational innovation has paved the path for the adoption of SCADA systems, which are perfect for gathering, processing and monitoring data, recording events and transmitting the same to a centralized control center, all autonomously.
Based on the Architecture type, the SCADA market is segmented into Solution/Component and Services. The Solution market is segmented into Hardware and Software. Components are further segmented into Human Machine Interface, PLC (Power line Communication), Remote Terminal Unit, Communication Systems, and Other Components.
The verticals covered under the report include Oil & Gas, Energy & Power, Water & Waste Water, Manufacturing, Transportation, Pharmaceuticals & Chemicals, Telecommunication, Food & Beverages and Others. Based on Country, the market is segmented into China, Japan, India, South Korea, Australia, Taiwan and Rest of Asia Pacific.
The report covers the analysis of key stake holders of the SCADA market. Key companies profiled in the report include ABB Group, Emerson Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Alstom, General Electric (GE), Honeywell International, Inc., Omron Corporation, and Yokogawa Electric Corporation.