Published on : Nov 06, 2017
Albany, New York, November 6, 2017: SCADA system are known to offer effective and efficient maintenance and management technique for water and wastewater management all over the globe. Market Research Hub (MRH) has included a new report study to its archive titled “SCADA Market for Water & Wastewater Management - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 – 2025”, which focuses on the global SCADA market major trends and technologies playing vital role in the sector’s growth.
The research report highlights various drivers, restraints, and opportunities which are anticipated to influence the market’s growth during the forecast period between 2017 and 2025. For the benefit of the readers, the report provides a complete perspective on the market’s growth on the basis of revenue in US$ Mn, covering different geographical regions namely Europe, North America, Asia Pacific, Middle East & Africa and Latin America. As per research analytics, the global SCADA market for water and wastewater treatment is likely to expand at a CAGR of 5.6% between 2015 and 2025. Interestingly, the market is projected to further advance to a mark of US$2,172.1 mn by 2025-end from US$1,267.4 mn, as recorded in 2015.
At present, the rising need for recycling waste water to reduce the scarcity of water around the globe is causing immense opportunities for the development of the SCADA market for water & wastewater management. It is known that increasing progress of water/wastewater management facilities across emerging markets such as the Middle East & Africa and Asia Pacific is expected to assist the SCADA market to surge during the forecast period.
The report covers the market segmentation based on a variety of factors such as component and end-user. The hardware segment under the component category is bifurcated into the programmable logic controller (PLC), remote terminal units (RTU), network infrastructure, IT and others. Moreover, the market for software segment is divided into on-premise and cloud-based. Currently, the active end-user for SCADA market for water and wastewater management focuses on residential and industrial purposes. Each of these categories and segments is evaluated on the basis of market attractiveness.
The report highlights that government initiatives for wastewater treatment process in emerging economies is forcing companies to design advanced SCADA system to endure the profitability of the market. Presently, the major players in the global SCADA market for water & wastewater management include names like ABB Ltd., Eaton Corporation, Tesco Controls Inc., Yokogawa Electric Corporation and much more.
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