Scada growth accelerates
An
ARC Advisory Group product story
Edited by the Engineeringtalk editorial team
Nov 8, 2007
ARC has analysed the Scada market by geographic region, project size and component type, including hardware, software and services.
The world-wide market for Scada systems for the water and wastewater industries is expected to grow at a compounded annual growth rate (CAGR) of 5.4% over the next five years.
The market was US $212 million in 2006 and is forecasted to be over US $275 million in 2011, according to a new ARC Advisory Group study.
The latest Scada systems encompass a new generation of technology components.
"These new generations of Scada components are easier to integrate and provide vastly improved capabilities and functionalities".
"Scada systems are now being considered in a wide range of applications and true business processes for a variety of purposes, including business performance management", according to Research Director Russ Novak, the principal author of ARC's "Scada Systems for the Water and Wastewater Industry".
ARC has analysed the Scada market by geographic region, project size and component type, including hardware, software and services.
The underlying technology that facilitates traditional Scada functionality has changed dramatically.
For water utilities, emerging technology is enabling Scada to be tightly integrated to the domain of business processes, creating an improved value proposition for its usage.
Scada systems bring improved performance to geographically dispersed assets and provide a framework for real-time performance management on a regional, or even global, basis.
The water utility infrastructure will use the enhanced functionalities of Scada to improve its core business processes.
The water and wastewater industries in developed regions are using Scada as a core technology to support new business processes in response to changing industry dynamics and the need for large scale upgrades of existing infrastructure.
Infusion of newer Scada technology can optimise the required level of capital expenditure for upgrades of aging infrastructure.
Developing regions are seeing improving economies and thus are looking to either upgrade or install new water and wastewater treatment and distribution systems.
Scada is used to link these geographically separated facilities.
Scada will be at the core of technology adoptions as the world economy strengthens and as the industry moves to improve business processes to meet the growing demand and economic challenges that privatisation and public-private partnering of the industry requires.
The Asian region will experience higher than average growth through 2011 and it will remain the most significant region through the forecast period.
The Scada system market in EMEA (Europe, Middle East, Africa) will also experience higher than average growth.
Latin America will experience average growth and will remain the smallest market segment.
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