This website uses cookies primarily for visitor analytics. Certain pages will ask you to fill in contact details to receive additional information. On these pages you have the option of having the site log your details for future visits. Indicating you want the site to remember your details will place a cookie on your device. To view our full cookie policy, please click here. You can also view it at any time by going to our Contact Us page.

SCADA technology looks set to see growth

22 October 2017

A SCADA market report, published by Allied Market Research, has forecast that the global market will reach $40,240 million by 2022 at a CAGR of 5.1% from 2016 to 2022.

The factors driving SCADA growth include a rising demand for safety, reducing transmission losses, and integration with corporate IT by deploying SCADA data to cloud. While there are no emerging technologies which will be able to replace SCADA system in the coming years, factors that are hindering market growth include increasing concern about cyber-attacks, management issues with the data generated, and lack of awareness of IT trends. 

Numerous industry players are launching new SCADA solutions Siemens, for example, exhibited digitisation and engineering efficiency at the Husum Wind exhibition in Germany, where the main area of focus for digitisation was on the Simatic WinCC Open Architecture SCADA System. 

In August, Simco Wireless Solutions entered into a partnership with RACOM to grow its SCADA and telemetry business. In June, Thuraya Telecommunications Company launched the Thuraya IP M2M Service to support high volume and throughput machine-to-machine (M2M) applications. In April, Schneider Electric introduced ClearSCADA 2017 with location services and integrated mapping functionalities.


Contact Details and Archive...

Most Viewed Articles...

Print this page | E-mail this page