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Power SCADA Market worth $2 5 Billion by 2026

Power SCADA Market worth $2.5 Billion by 2026 iCrowd Newswire According to the new market research report by Architecture (Hardware, Software, Services), Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, Communication System Protection relays), End User and Region- Global Forecast to 2026″, published by MarketsandMarkets™, the Power SCADA Market size will grow to USD 2.5 billion by 2026 (forecast year) from USD 1.7 billion in 2021 (estimated year), at a CAGR of 7.6% during the forecast period. Need for monitoring and controlling data from remote location, is one of the key factors driving the growth of the Power SCADA Market. Increasing use of big data analytics and 5G technology in industrial environment to offer lucrative opportunities for the Power SCADA Market during the forecast period.

Power SCADA Market Worth $2 5 Billion by 2026 - Exclusive Report by MarketsandMarkets™

Power SCADA Market Worth $2 5 Billion by 2026 - Exclusive Report by MarketsandMarkets™
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Sequence of Events Recorder Market Worth $31 Million by 2026 - Exclusive Report by MarketsandMarkets

Sequence of Events Recorder Market Worth $31 Million by 2026 - Exclusive Report by MarketsandMarkets Sequence of Events Recorder Market by Mount type (Rack mounted, Rail mounted), End user (Data Center, Power Generation, Manufacturing, Others (Hospitals, Laboratories, Petrochemicals, and Pharmaceutical industries)), Region- Global Forecast to 2026 , published by MarketsandMarkets, the Sequence of Events Recorder Market size will grow toUSD 31 million by 2026 (forecast year) from USD 25 million in 2021 (estimated year), at a CAGR of 4.7% during the forecast period. The increasing focus on the effective usage of power resources and the ongoing efforts to reduce downtime and energy costs in different industries are factors driving the growth of the Sequence of Events Recorder Market. Moreover, growing investments in data center infrastructures and ongoing replacement of aging power infrastructures with technologically advanced power equipment are factors expected to offer lucrative

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