Global SCADA Market in Power Industry 2015-2019

LONDON, Aug. 31, 2015 /PRNewswire/ -- About SCADA
SCADA is an automation system that helps to acquire data from remote devices such as transmitters, pumps, and valves installed in the field and provides control remotely from SCADA host software platforms. It helps to turn the devices on and off according to the required process. It also has the functionality of graphic displays, trending, alarming, and historical storage of data. SCADA systems are adopted in the oil and gas, power, water and waste water treatment, automotive, shipbuilding, machinery manufacturing, and consumer durables industries.

Technavio's analysts forecast the global SCADA market in power industry to grow at a CAGR of 6.45% over the period 2015-2019.

Covered in this report
In this report, Technavio covers the present scenario and the growth prospects of the global SCADA market in the power industry for the period 2015-2019. We have considered the revenue generated from the following:
- Sales of hardware
- Sales of software licenses
- Renewal of software licenses
- Upgrading of existing solutions
- Maintenance and services

The report presents the vendor landscape and a corresponding detailed analysis of the five major vendors in the global SCADA market in the power industry. In addition, it discusses the major drivers influncing market growth and the challenges faced by vendors and the market as a whole. It also examines key emerging trends and their influence on current and future market scenarios.

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