COVID-19 Impacts: SCADA Market Will Accelerate at a CAGR of Over 5% Through 2020-2024 | Increased Extraction Of Shale Gas to Boost Growth | Technavio

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Aug 11, 2020 08:30 pm
LONDON -- 

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.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200811005089/en/

Technavio has announced its latest market research report titled Global SCADA Market 2020-2024 (Graphic: Business Wire).

Technavio has announced its latest market research report titled Global SCADA Market 2020-2024 (Graphic: Business Wire).

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Please Request Latest Free Sample Report on Covid-19 Impact

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:

  • End-user
    • Oil And Gas
    • Manufacturing
    • Power
    • Water And Wastewater Treatment
    • Others
  • Geography
    • APAC
    • North America
    • Europe
    • MEA
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43934

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:

  • SCADA Market size
  • SCADA Market trends
  • SCADA Market industry analysis

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

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist scada market growth during the next five years
  • Estimation of the scada market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the scada market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of scada market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Oil and gas - Market size and forecast 2019-2024
  • Manufacturing - Market size and forecast 2019-2024
  • Power - Market size and forecast 2019-2024
  • Water and wastewater treatment - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Market Segmentation by Type

  • Market segments
  • Comparison by Type
  • Solutions - Market size and forecast 2019-2024
  • Services - Market size and forecast 2019-2024
  • Market opportunity by Type

Customer landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • ABB Ltd.
  • Emerson Electric Co.
  • General Electric Co.
  • Honeywell International Inc.
  • Mitsubishi Electric Corp.
  • Rockwell Automation Inc.
  • Schneider Electric SE
  • Siemens AG
  • Toshiba Corp.
  • Yokogawa Electric Corp.

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

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.

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/

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