Home News Business ‘SCADA market to see above average growth’

‘SCADA market to see above average growth’

US: Driven by the need to improve the sustainability of water utility infrastructure, the worldwide market for Supervisory Control and Data Acquisition (SCADA) systems for the water & wastewater industries is expected to see above average growth over the next five years according to the study, SCADA Systems for the Water & Wastewater Industry Worldwide Outlook, by ARC Advisory Group, a market research firm.

According to ARC’s findings, SCADA will be at the core of technology adoptions as the industry moves through uncertain economic climates to improve business processes to meet the growing demand and economic challenges that privatisation and public-private partnering of the industry requires. Suppliers must develop a SCADA system capable of being fully integrated with corporate business systems. These systems include technologies such as GIS and asset management programmes. In order to be competitive, suppliers must show how their SCADA system can provide real-time data to meet both present and future demands of all stakeholders involved with the operation of water utilities.

The latest SCADA systems encompass a new generation of technology components. “The current SCADA market also reflects the impact of new technology on SCADA components and cost effective communications for knowledge transfer. SCADA components are easier to integrate and provide vastly improved capabilities and functionalities, and communications are no longer limited. End users are utilising SCADA technology for a range of operational improvement applications and linking these to business processes for a variety of purposes, both internal and external to the enterprise,” according to Analyst Allen Avery, the principal author of ARC’s study.

ARC 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 utilise the enhanced functionalities of SCADA to improve its core business processes.

Infusion of newer SCADA technology can optimise the required level of capital expenditures for improved sustainability and upgrades of aging infrastructure. Developing regions are looking to either upgrade or install new water and wastewater treatment and distribution systems. SCADA is used to link these geographically separated facilities.  

Source: ARC Advisory Group