Global SCADA In Water And WasteWater Management Market Size By Component(Software, and Hardware), By End Use Industry(Residential, and Industrial), By Geographic Scope And Forecast
Published on: 2024-08-03 | No of Pages : 320 | Industry : latest updates trending Report
Publisher : MIR | Format : PDF&Excel
Global SCADA In Water And WasteWater Management Market Size By Component(Software, and Hardware), By End Use Industry(Residential, and Industrial), By Geographic Scope And Forecast
SCADA In Water And Wastewater Management Market Size And Forecast
SCADA In Water And WasteWater Management Market size was valued at USD 1895.88 Million in 2024 and is projected to reach USD 2913.99 Million by 2031, growing at a CAGR of 5.52% from 2024 to 2031.
Growing investment in water and wastewater infrastructure, increasing sophistication in maintenance and management of water and wastewater facilities, improving efficiency in wastewater management and initiatives undertaken by several governments, and a broad regulatory framework for monitoring and controlling water and wastewater services is the factor driving the market growth of the SCADA In Water And Wastewater Management Market. The Global SCADA In Water And Wastewater Management Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global SCADA In Water And Wastewater Management Market Definition
Supervisory control and data acquisition (SCADA) is a standard term for the digital networks and computer systems that gather and analyze real-time data. It is essentially a distributed computing and communications equipment designed to work together for the purpose of controlling a commercial process. SCADA system allows water and wastewater treatment plants to be automated, as well as manage and organize operation data automatically. Utility departments, water, and wastewater management companies, and other manufacturers use SCADA for the control and for consistent automated data. Key personnel in these sectors can identify, where real-time problems are occurring in their water and wastewater treatment systems through various data logging points.
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Global SCADA In Water And Wastewater Management Market Overview
The importance of water and wastewater treatment is growing across the globe. Most of the used water in the world is still not regulated, and thus causes major pollution. Therefore, wastewater treatment is becoming more and more important. Most of the water from households worldwide is still not treated and reused. Water contaminated with chemicals and/or faeces flows to the ecosystem and, as a matter of course, significantly impacts society and nature. For instance, according to the figures published by World Health Organization (WHO) in 2021, globally at least 2 billion people use water contaminated with faeces, and almost 85% of the world’s total wastewater is discharged without adequate or any treatment.
One of the key challenges that manufacturers face in the world SCADA market is ensuring enhanced cyber security. The SCADA systems’ vulnerabilities and the evolving threats from the cyberattacks that target them present a challenge for its integrators in the water and wastewater treatment industry.
The evolution of SCADA systems has helped plants minimize errors that can lead to regulatory permit violations or malfunctions, improving efficiency and helping reduce costs for energy and supplies. The systems integrated with AI help make operators do their jobs more efficiently and safely.
Global SCADA In Water And Wastewater Management Market Segmentation Analysis
The Global SCADA In Water And Wastewater Management Market is Segmented on the basis of Component, End-Use Industry, And Geography.
SCADA In Water And Wastewater Management Market, By Component
• Hardware• Software
To Get a Summarized Market Report By Component-
Based on Components, the market is bifurcated into Software and Hardware. Software accounted for the largest market share in 2020. SCADA (supervisory control and data acquisition) is a category of software applications for controlling industrial processes, which is the gathering of data in real-time from remote locations in order to control equipment and conditions.
SCADA In Water And Wastewater Management Market, By End-Use Industry
• Residential• Industrial
To Get a Summarized Market Report By End-Use Industry-
On the basis of the End-Use Industry, the Global SCADA In Water And WasteWater Management Market has been segmented into Residential and Industrial. Residential accounted for the largest market share in 2020. Automation and control systems are increasingly being installed in our homes which provide efficiency and energy savings. Home automation is another big trend that carries great development potential, it is now commonly wrapped with IoT technologies as a package to furnish automation to the home.
SCADA In Water And Wastewater Management Market, By Geography
• North America• Europe• Asia Pacific• Rest of the World
To Get Summarized Market Report By Geography-
On the basis of regional analysis, the Global SCADA In Water And WasteWater Management Market is classified into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America. North America is expected to hold the largest market share of the SCADA In Water And WasteWater Management in the forecast period followed by Europe. The U.S. is one of the leading oil and natural gas-producing countries in the world, owing to the American energy renaissance. The oil and natural gas industry contributes around 8 percent of the U.S. economy. In 2019, according to the American Petroleum Institute (API), U.S. crude oil production touched a new high of 9.0 million barrels per day (mb/d) in the year’s final month.
Key Players
The “Global SCADA In Water And Wastewater Management Market” study report will provide valuable insight with an emphasis on the global market including some of the major players such as Schneider Electric, Honeywell International, ABB ltd, Emerson Electric, Yokogawa, Rockwell automation, and many others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.
Key Developments
Report Scope
REPORT ATTRIBUTES | DETAILS |
---|---|
STUDY PERIOD | 2021-2031 |
BASE YEAR | 2024 |
FORECAST PERIOD | 2024-2031 |
HISTORICAL PERIOD | 2021-2023 |
UNIT | Value (USD Million) |
KEY COMPANIES PROFILED | Schneider Electric, Honeywell International, ABB ltd, Emerson Electric, Yokogawa, Rockwell automation, and many others. |
SEGMENTS COVERED | • By Component• By End Use Industry• By Geography |
CUSTOMIZATION SCOPE | Free report customization (equivalent up to 4 analysts’ working days) with purchase. Addition or alteration to country, regional & segment scope |
Research Methodology of Market Research
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Reasons to Purchase this Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors• Provision of market value (USD Billion) data for each segment and sub-segment• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis• Provides insight into the market through Value Chain• Market dynamics scenario, along with growth opportunities of the market in the years to come• 6-month post-sales analyst support
Customization of the Report
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