Frost & Sullivan: The Need for Control and Standardisation Boosts the SCADA Systems Market in Australia and New Zealand

Frost & Sullivan: The Need for ControlFrost & Sullivan: The Need for Control and Standardisation Boosts the SCADA Systems Market in Australia and New Zealand PR Newswire SINGAPORE, Oct. 23, 2013 -- Seamless integration of functionalities holds the key for automation vendors Intensifying demand from industries such as water and mining is fuelling the automation market and the supervisory control and data acquisition (SCADA) systems segment in particular within Australia and New Zealand (ANZ). In the face of inadequate water supply and scarce resources, these systems will enable enhanced control over large-scale projects and effective resource management, which are essential requirements to keep pace with the rising needs of industries. New analysis from Frost & Sullivan (http://www.industrialautomation.frost.com), ANZ SCADA Market, finds that the market earned revenues of US$150.0 million in 2012 and estimates this to reach US$215.0 million in 2018. The research covers the SCADA hardware, software and services market for major end-user industries such as mining, water/wastewater, power, and oil and gas. "A heightened focus on clean energy by industries in ANZ has further widened the potential of the SCADA market," noted Frost & Sullivan Industrial Automation & Process Control Research Analyst Krishnan Ramanathan. "As energy needs are constantly on the rise, emerging industries in the power sector, such as solar and hydroelectric, signify growth prospects for SCADA systems.