Technavio has been monitoring the scada market and it is poised to grow by $ 8.22 bn during 2020-2024, progressing at a CAGR of 5% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
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Technavio has announced its latest market research report titled Global SCADA Market 2020-2024 (Graphic: Business Wire).
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The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. ABB Ltd., Emerson Electric Co., General Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yokogawa Electric Corp. are some of the major market participants. Although the increased extraction of shale gas will offer immense growth opportunities, high initial cost of implementation will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Increased extraction of shale gas has been instrumental in driving the growth of the market. However, high initial cost of implementation might hamper market growth.
SCADA Market 2020-2024 : Segmentation
SCADA Market is segmented as below:
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SCADA Market 2020-2024 : Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our scada market report covers the following areas:
This study identifies growing demand for cloud-based SCADA systems as one of the prime reasons driving the scada market growth during the next few years.
SCADA Market 2020-2024 : Vendor Analysis
We provide a detailed analysis of around 25 vendors operating in the scada market, including some of the vendors such as ABB Ltd., Emerson Electric Co., General Electric Co., Honeywell International Inc., Mitsubishi Electric Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yokogawa Electric Corp. Backed with competitive intelligence and benchmarking, our research reports on the SCADA Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
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SCADA Market 2020-2024 : Key Highlights
Table Of Contents :
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Market Segmentation by Type
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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