Directory Image
This website uses cookies to improve user experience. By using our website you consent to all cookies in accordance with our Privacy Policy.

Growth In SCADA Systems Adoption

Author: Abdul Malik
by Abdul Malik
Posted: Jan 24, 2019

The global relay and industrial control manufacturing market, a part of the electrical and electronics manufacturing industry, grew at a compound annual growth rate (CAGR) of around 8% during the historic period. The electrical and electronics manufacturing industry showed a steady growth. The growth is mainly due to high demand for motor starters and controllers from automobile, FMCG and machinery manufacturing industries.

In the forecast period, the global relay and industrial control manufacturing market size is expected to be over $70 billion by 2021, growing at a CAGR of nearly 5%.

This is expected due to the expected increase In Programmable Automation Controllers Use. Furthermore, rising population, increase in dispensable income, and increasing per capita incomes are expected to drive the global Relay And Industrial Control Manufacturing market in the future.

Find TBRC’s report on the Relay And Industrial Control Manufacturing market: https://www.thebusinessresearchcompany.com/report/relay-and-industrial-control-manufacturing-global-market-report-2018

The relay and industrial control industry is increasingly adopting SCADA (Supervisory control and data acquisition) systems to enhance process efficiency and productivity. SCADA systems are used to remotely control industrial processes such as power generation, fabrication and refining through coded signals over cloud channels.

Major companies in the relay and industrial control manufacturing market, offering SCADA technology include ABB, Rockwell Automation And Schneider Electric S.A

Download a sample report: https://www.thebusinessresearchcompany.com/sample.aspx?id=109&type=smp

Relay And Industrial Control Manufacturing Market Size

The global relay and industrial control manufacturing market was valued at around $59 billion in 2017. Asia Pacific was the largest region in the relay and industrial control manufacturing market in 2017, accounting for around 37% of the total market. China was the largest country in the market in 2017, accounting for around 25% of the total market.

Relay And Industrial Control Manufacturing Market Trend

The relay and industrial control industry is increasingly adopting SCADA (supervisory control and data acquisition) systems to enhance process efficiency and productivity. SCADA systems are used to remotely control industrial processes such as power generation, fabrication and refining through coded signals over cloud channels. The applications of these SCADA systems is expected to rise mainly due to their scalability, ease of upgrading, emergence of global smart grid projects and increased use of cloud technologies.

Relay And Industrial Control Manufacturing Market Segmentation

The relay and industrial control manufacturing market is segmented into Relays and Industrial Controls.

Relays comprise electro magnets and contact units. Relay receives electrical signals from a switch and passes the output to parts such as devices. Relays include PCB power relays, signal relays and plugin relays.

Industrial Controls integrate several control systems and instrumentation used in industrial production that include SCADA (Supervisory control and data acquisition) systems, distribution control systems, PLC’s(programmable logic controllers) often found in industries and critical infrastructures.

About The Business Research Company.

The Business Research Company is a Business Intelligence Company which excels in company, market and consumer research. It has offices in the UK, the US and India and a network of trained researchers in 15 countries globally.

Contact Information.

The Business Research Company

Europe: +44 207 1930 708

Asia: +91 8897263534

Americas: +1 315 623 0293

Email: info@tbrc.info

About the Author

The Business Research Company's management has more than 20 years of varied business research experience. They have delivered hundreds of research projects to the senior management of some of the world's largest organizations.

Rate this Article
Leave a Comment
Author Thumbnail
Please or Join to add a comment.
Author: Abdul Malik

Abdul Malik

Flag of India
India

Member since: Oct 29, 2018
Published articles: 168

Related Articles