Supervisory Control and Data Acquisition (SCADA) Market Size – Industry Structure Evaluation, Demand Drivers Analysis, Regional Growth Analysis and Identification, Competitive Positioning Review & Global Market Size Forecast to 2030
Overview
SCADA market size is expected to grow at 6.89% throughout the forecast period, reaching nearly US$ 16.60 Billion by 2030.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
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Supervisory Control and Data Acquisition (SCADA) Market Dynamics:
SCADA stands for Supervisory Control and Data Acquisition. The main purpose of a SCADA system is to monitor and control a plant or equipment in industries such as telecommunications, water, and waste control, energy, oil and gas refining, and transportation. SCADA is basically a computer system for gathering and analyzing real-time data. Certain important functions of SCADA include data acquisition, networked data communication, data presentation, and control, which have driven the growth of the Global market.
Supervisory Control and Data Acquisition (SCADA) Market Segment Analysis:
Based on type, this market has been segmented into hardware, software, and services where the software segment will hold the largest market share. The hardware segment is further categorized as RTU, PLC, communication device, and others. For Global market, the service segment is categorized as consulting, integration & implementation, and repair & maintenance. Moreover, the end-user market is segmented as public, manufacturing, oil & gas, energy & utility, transportation, and telecom. Increasing infrastructure development in terms of smart cities and transportation will act as some major drivers for this market. However, high investment for setting up of SCADA system is expected to restrain the market growth.
Asia Pacific (APAC) is one of the largest market shareholding regions for 2023 with factors like increasing investment in the power transmission and distribution sector across countries like China, India, and Japan further boosting overall growth.
Research Methodology
Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights into the Global market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analyses are also used to calculate the exact size of the Global market globally.
Supervisory Control and Data Acquisition (SCADA) Market, Key Highlights:
1. Global market analysis and forecast, in terms of value.
2. Comprehensive study and analysis of market drivers, restraints, and opportunities influencing the growth of the Global market.
3. Global market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided.
4. Global market strategic analysis with respect to individual growth trends, future prospects along a contribution of various sub-market stakeholders have been considered under the scope of the study.
5. Global market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA), and Latin America along with country-wise segmentation.
6. Profiles of key industry players, their strategic perspective, market positioning, and analysis of core competencies are further profiled.
7. Competitive developments, investments, strategic expansion, and the competitive landscape of the key players operating in the Global market are also profiled.
Key Target Audience
1. Global market Investors
2. Automation consultants and Automation system integrators
3. Application providers
4. SCADA component suppliers
5. Security Service Vendors
6. Technology investors, Research and Consulting Firms
7. System Integrators and Value-added Resellers
8. SCADA distributors and providers
9. SCADA software package vendors
10. Investors and Venture Capitalist
Supervisory Control and Data Acquisition (SCADA) Market Scope : Inquire before buying
| Global Supervisory Control and Data Acquisition (SCADA) Market | |||
|---|---|---|---|
| Report Coverage | Details | ||
| Base Year: | 2023 | Forecast Period: | 2024-2030 |
| Historical Data: | 2018 to 2023 | Market Size in 2023: | US $ 10.41 Bn. |
| Forecast Period 2024 to 2030 CAGR: | 6.89% | Market Size in 2030: | US $ 16.60 Bn. |
| Segments Covered: | by Type | Hardware Software Services |
|
| by Hardware | RTU PLC Communication Devices Other |
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| by Services | Consulting Service Implementation & Integration Repair & Maintenance |
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| by End-User | Manufacturing Oil & Gas Energy & Utility Transportation Telecom Public |
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Supervisory Control and Data Acquisition (SCADA) Market, by Region
North America (United States, Canada and Mexico)
Europe (UK, France, Germany, Italy, Spain, Sweden, Austria, Turkey, Russia and Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, ASEAN and Rest of APAC)
Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A)
South America (Brazil, Argentina, Columbia and Rest of South America)
Supervisory Control and Data Acquisition (SCADA) Market, Key Players are :
1. IBM Corporation
2. Omron Corporation
3. Schneider Electric SE
4. Rockwell Automation Inc.
5. Siemens AG
6. General Electric
7. Cisco Systems, Inc
8. Alstom
9. ABB Ltd.
10. Honeywell International, Inc.
11. Yokogawa Electric Corporation,
12. Alstom
13. GE/Fanuc
14. Emerson Electric Co.
15. Citect
16. eLynx Technologies
17. National Instruments
18. USDATA
19. Schneider Electric Software
Frequently Asked Questions:
1. Which region has the largest share in Global Supervisory Control and Data Acquisition (SCADA) Market?
Ans: Asia Pacific region held the highest share in 2023.
2. What is the growth rate of Global Supervisory Control and Data Acquisition (SCADA) Market?
Ans: The Global market is expected to grow at a CAGR of 6.89% during forecast period 2024-2030.
3. What is scope of the Global Supervisory Control and Data Acquisition (SCADA) market report?
Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period.
4. Who are the key players in Global Supervisory Control and Data Acquisition (SCADA) market?
Ans: The important key players in the Global market are – , IBM Corporation, Omron Corporation, Schneider Electric SE, Rockwell Automation Inc., Siemens AG, General Electric, Cisco Systems, Inc, Alstom, ABB Ltd., Honeywell International, Inc., Yokogawa Electric Corporation,, Alstom, GE/Fanuc, Emerson Electric Co., Citect, eLynx Technologies, National Instruments, USDATA, Schneider Electric Software, and Iconics.
5. What is the study period of this market?
Ans: The Global market is studied from 2023 to 2030.