Secure SCADA set to prosper in the future

Secure SCADA set to prosper in the future
Secure SCADA set to prosper in the future

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Control Engineering Europe
20 December 2010

New analysis from Frost & Sullivan indicates that the SCADA market is 
among the most rapidly growing control systems markets in the world.

The report: =E2=80=98Strategic Analysis of the World SCADA Market,=E2=80=99 finds that 
the market earned revenues of $4,584.5 million in 2009 and estimates 
this to reach $6,902.4 million in 2016. Markets in Western Europe and 
North America will continue expanding over the next few years due to the 
increasing demand to modernise power and water and wastewater 
infrastructure. New infrastructure investments in the Middle East, 
Africa, Asia Pacific, Latin America and Russia in sectors like oil and 
gas, power, water and wastewater, will also spur SCADA markets to grow 
rapidly in these regions. The key market challenge manufacturers have to 
face is ensuring enhanced cyber security.

Industry sectors covered as part of this research includes oil and gas, 
power, water and wastewater and others covering plant level SCADA (food 
and beverage, pharmaceuticals, chemicals, pulp and paper) and automotive 
and transportation. Software, hardware and services are some of the 
product categories covered in this research.

=E2=80=9COil exploration in Siberia, the North Sea, the Gulf of Mexico and North 
Western Africa has gained renewed interest,=E2=80=9D said Frost & Sullivan 
Research Analyst Katarzyna Owczarczyk. =E2=80=9CThe need to control 
geographically dispersed assets drives cash rich oil majors to invest in 
SCADA systems, thereby supporting market expansion.=E2=80=9D


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