SCADA Market is Leading its Way for a Robust Growth

Sharmistha Sarkar - Allied Market Research

It is very important for companies such as oil and gas, power generation, transportation, water and much more to be able to receive, manage, remotely monitor & control, and distribute a massive amount of field data. This is why Supervisory Control and Data Acquisition (SCADA) systems have come into existence and been around. SCADA solutions have evolved over the years from basic tools with limited reach to modern technologies with the ability to process tons of field data every day. Such systems enable an organization to collect and deliver field data and automate tedious and routine tasks. This virtually helps eliminate human error, thereby increasing productivity and improving management of machine failure in real-time.

SCADA-market-top-impacting-factorsThe market for SCADA solutions has been making significant strides over the years. According to a recent report published by Allied Market Research, it is estimated that the global SCADA solutions market would garner $40,240 million by 2022, registering a CAGR of 5.1% from 2016 to 2022. The segments such as Human machine interface (HMI) and programmable logic control (PLC) have together accounted for around two-thirds market share globally in 2015. Whereas, application wise, oil & gas and electrical power together accounted for one-third share in the global SCADA market in 2015. The SCADA owes it financial growth to factors such as demand for safety, adoption of automation in more industries, growing demand for cloud based applications, demand for reducing distribution & transmission loss.

Several developments and activities have been in the news recently. In order to meet higher requirements with respect to network capability, efficiency, and reliability, Siemens is exhibiting digitization and engineering efficiency at Husum Wind. The main area of focus for digitization would be on the Simatic WinCC Open Architecture Scada System, and more. In August 2017, The ISA Security Compliance Institute announced that Honeywell’s ControlEdge Programmable Logic Controller (PLC) has been awarded ISA Secure Embedded Device Security Assurance (EDSA) Level 2 certification by exida. In August 2017, Simco Wireless Solutions has announced a partnership with RACOM to grow its SCADA and telemetry business. In June 2017, Thuraya Telecommunications Company launched the Thuraya IP M2M Service to support high volume and throughput machine-to-machine (M2M) applications. In April 2017, Schneider Electric, the global specialist in energy management and automation introduced ClearSCADA 2017 with innovative location services and integrated mapping functionalities.

Siemens to Exhibit Digitalization and Engineering Efficiency at Husum Wind
Siemens will be giving a presentation on digitization and engineering efficiency at Husum Wind. The digitalization area will cover Simatic WinCC Open Architecture Scada System, the cloud-based MindSphere open IoT operating system, and industrial communication for efficient management and analysis of huge amount of data from condition monitoring to the operational optimization of wind energy plants. Apart from this, a variety of tools for engineering efficiency such as libraries for controlling different turbine types, simulation tools for creating prototypes, planning tools with extensive CAx data and more will be presented.

Honeywell’s ControlEdge PLC first to be Awarded ISASecure Level 2 Certification
In August this year, Honeywell Process Solution’s ControlEdge PLC has received ISASecure Embedded Device Security Assurance (EDSA) Level 2 certification by exida, the ISO 17065 accredited certification body. The PLC builds on the Level 1 capabilities by providing additional security features like the confidentiality and integrity of data at rest and in motion, detection of unauthorized changes, and additional protection against Denial of Service attacks.

The ISASecure PLC controller features a built-in firewall and a secure boot capability to restrict uploading of unauthorized software. PLC communication can also be secured using IPSec to prevent man-in-the-middle attacks and unauthorized access.

Simco Wireless Solutions Partners with RACOM
Simoco Wireless Solutions has entered into a partnership with communications equipment manufacturer RACOM in order to cater to the growing needs of its customers and expand its range of SCADA and telemetry products. Through the partnership, Simco will develop new data communication technologies which will help companies supervise their day to day operations. The companies targeted are those which deal with energy and utilities, transportation, healthcare, national and local government infrastructure and more.

Thuraya Introduces the Thuraya IP M2M Service
In June 2017, Thuraya Telecommunications Company launched the Thuraya IP M2M Service to support high volume and throughput machine-to-machine (M2M) applications. The service is powered by Thuraya’s real-time, two-way IP network with speed up to 444 Kbps, a state-of-the-art Remote Terminal Management (RTM) platform, and the Thuraya IP+ terminal. It allows for effective communication between devices and the control of data from remote equipment.      The service targets sectors such as oil and gas, utilities, renewable energy, banking, and government.

Schneider Electric, Launches ClearSCADA 2017
In April 2017, Schneider Electric, the French multinational specializing in energy management and automation solutions introduced ClearSCADA 2017 with innovative location services and integrated mapping functionalities. The purpose behind the product upgrade was to enhance insight and control for customers managing geographically dispersed operations, especially those within the upstream oil & gas, water and wastewater sectors.

Read more at https://www.alliedmarketresearch.com/scada-market

About the Author
Sharmistha Sarkar has always had a keen interest in reading and writing. Allied Market Research has given her the chance to gain knowledge about different subjects. Her love for words has brought her to writing, and she aspires to make each of her written works a piece of art.

Comments are closed.