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Smart Labels Market Analysis
 
Release Date: 8/11/2017
 
According to a new report SCADA Market (2017-2023), published by KBV Research, the SCADA Market is expected to attain a market size of $40.9 billion by 2023, growing at a CAGR of 5.3% during the forecast period.

The North America market dominated the Global SCADA Solution/Components Market by Region in 2016, and would continue to be a dominant market till 2023 growing at a CAGR of 4.9 % during the forecast period. The Europe market is expected to witness a CAGR of 5.8% during (2017 2023). Additionally, The Asia Pacific market is expected to witness a CAGR of 8.4% during (2017 2023).

Based on the Analysis presented in the Cardinal matrix, GE, Honeywell and Siemens AG are the forerunners in the SCADA market. Companies such as ABB Ltd. and Emerson Electric Co. are the some of the key innovators in SCADA Market.

KBV Cardinal Matrix SCADA Market

scada market

Source: KBV Research Analysis, Company Publications and Secondary Research

The Oil & Gas market dominated the Global SCADA Market by Vertical in 2016, and would continue to be a dominant market till 2023 growing at a CAGR of 4.3 % during the forecast period. The Energy & Power market is expected to witness a CAGR of 4.8% during (2017 2023). The Transportation market is expected to witness a CAGR of 6.3% during (2017 2023). Additionally, The Pharmaceuticals & Chemicals market would attain market value of $2,249.8 million by 2023.

The report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key influencing factors of the global SCADA Market have been discussed in the report along with the elaborated company profiles of 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.

Full report https://kbvresearch.com/scada-market/

 
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