SCADA Market worth $13 2 billion by 2026 texasguardian.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from texasguardian.com Daily Mail and Mail on Sunday newspapers.
SCADA Market worth $13.2 billion by 2026 - Exclusive Report by MarketsandMarkets
CHICAGO, March 9, 2021 /PRNewswire/ According to the new market research report SCADA Market with COVID-19 Impact by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human?Machine Interface, Communication System), End User, and Region - Global Forecast to 2026 , published by MarketsandMarkets, the global SCADA market size was valued at USD 9.2 billion in 2021 and is projected to reach USD 13.2 billion by 2026; it is expected to grow at a CAGR of 7.6% from 2021 to 2026. The key factors fueling the growth of this market include increased adoption of Industry 4.0 solutions using SCADA systems, high demand for industrial mobility solutions for efficient management of process industry, and use of software platforms such as IoT and artificial intelligence.
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Index Markets Research. Detailed Study on Speed Control Valve Market is increasing at a CAGR during Forecasts year 2026. This Report covers the Major Players data, including shipment, revenue, gross benefit, interview record, business distribution etc, these data help the client know about the opponents better. This report also covers all the regions and countries of the world, which shows a local development status, comprising market size. The report initially provides a basic outline of the industry that covers definition, applications and producing technology which the report explores into the international players in the market. The report will be offering a significant insight while shedding light on the key players
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Construction Machinery is estimated as the largest end-use industry for Hydraulic Components globally, with a US$16.3 billion market in 2019.
The COVID-19 crisis that has the world in its grips has taken a toll of the hydraulic components industry, too, although not to the devastating extent to which other sectors have been affected. Marginal declines are likely to be witnessed across the board over 2019-2020 and some semblance of growth can be expected only towards mid-2022.
However, this positive outlook depends on how the pandemic situation pans out over the coming months and how economies react to developments. Ill-thought out lockdowns being imposed by governments based on the ground situation that varies from region to region have their own negative impact on industrial activity, to which the hydraulic components sector is also susceptible.
Global Process Automation & Instrumentation Market 2020 - Industry Dynamics, Segmentation and Competition Analysis 2027 sandiegosun.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from sandiegosun.com Daily Mail and Mail on Sunday newspapers.