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Global SCADA Systems Market 2021 by Size, Share, Cost, Revenue, Business Opportunities, Segmentation and Regional Forecast to 2028

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Marnie Serrano

The global SCADA market is projected to witness noteworthy growth, rising with a CAGR of 6.2% over the forecast period. The global SCADA systems market to reach USD 47.04 billion by 2025. The growing need for industrial automation process which requires to monitor, gather and process real-time data, as well as an increasing share of renewable energy with a focus on deploying smart grid projects, are the driving factors for global SCADA systems market. However, high investment cost for setting up of SCADA systems may restrain the market growth during the forecast period.

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The global players in SCADA systems market include ABB, Emerson Electric, Siemens, Honeywell International, Omron Corporation, Schneider Electric, and others. Region wise the SCADA systems market is present across North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. North America, due to the presence of mature market will show a steady growth while South America, due to increasing foreign investment and growing manufacturing industry in Brazil will show lucrative growth during the forecast period. However, Asian countries will also contribute substantially towards SCADA systems market share in the upcoming years as they have a huge potential for the installation of transmission SCADA platforms.

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Adroit Market Research is an India-based business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code – Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.

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