Beyond a set of threats and challenges related to cyber-attacks on SCADA, the stakes of productivity, flexibility and performance drive the SCADA Market in the Oil and Gas Industry up.
In fact, the demand for real-time information is now at the core of key
excitements and it boosts the market as SCADA systems enable the oil and gas
industry to share real-time information on well site conditions with the
decision maker, that work from a remote location.
The data collected from RTU or PLC by
SCADA enable companies to simultaneously monitor, visualize, and analyze
oilfield operations.
For those who are unfamiliar, SCADA is described as an automation system
that helps to acquire data from remote devices, such as smart sensors,
transmitters, pumps, and valves, installed in the field. It uses the SCADA software platform to provide remote control, and
helps to operate the devices consequently. It
also functions as a graphic display, trending, alarm, and stores data.
From generic SCADA system used to be implemented in all end-user
industries, henceforth we have customized
SCADA systems that are designed to meet specific requirements of each
industry.
According to Research and Markets, the global SCADA market in oil and gas industry can grow at a CAGR of 3.02% during the period 2016-2020.
Among key players in the global SCADA market in oil and gas industry, we have: Siemens, Schneider Electric, Honeywell, ABB, and Emerson Electric.
According to Research and Markets, the global SCADA market in oil and gas industry can grow at a CAGR of 3.02% during the period 2016-2020.
Among key players in the global SCADA market in oil and gas industry, we have: Siemens, Schneider Electric, Honeywell, ABB, and Emerson Electric.