HNY Research projects that the Electrical SCADA market size will grow from USD 2.31 Billion in 2017 to USD 3.56 Billion by 2023, at an estimated CAGR of 7.53%. The base year considered for the study is 2019, and the market size is projected from 2020 to 2023.
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The growth will be mainly driven by the increasing investments in electrical networks and government initiatives toward the adoption of industrial automation. The hardware segment led the electrical SCADA market in 2017. The hardware segment is followed by the software and services segments in terms of market share. Rising investments focused on automated devices in power infrastructure are expected to drive the hardware segment.
By Market Players:
ABB , Siemens , Emerson , Schneider Electric , Mitsubishi Electric , Honeywell , Yokogawa Electric Corporation , Open System International , Advanced Control Systems , Larsen and Toubro , Rockwell Automation , Bentek Systems.
Hardware , Software , Services, ,
Generation , Transmission , Distribution, ,
Master Terminal Unit (MTU) , Remote Terminal Unit , Human Machine Interface (HMI) , Programmable Logic Controller (PLC) , Communication System
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The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2019 and forecast data from 2020 to 2023..
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