Table of Contents
SCADA Market – Introduction
The global Supervisory Control and Data Acquisition (SCADA) market is expected to grow rapidly from 2022 to 2032. The SCADA market report is segmented based on architecture, components, end-use industry, and region.
SCADA is a system consisting of multiple equipment designed to provide information regarding different elements in an operating field or substation to an operator sitting in a remote location. SCADA systems offer multiple benefits to end-users, including identifying equipment malfunction, reporting leakage in the gas pipeline, measuring variables in processing, tracking abnormal voltage/pressure/temperature change, etc. SCADA works as a central system collecting data from proximity or remote location sensors. Rising demand for process automation in end-use industries, growing urge among end-users to increase the safety of industrial processes, and growing demand to decrease human error factors in substations or operating fields have been identified as long-term growth drivers for the SCADA market.
Report Overview
Aspect | Details |
Base year of Estimation | 2021 |
Forecast Period | 2022 – 2032 |
Market Segmentation | By Architecture, Component, End Use Industry, Regions |
Regional Scope | Asia Pacific, North America, Middle East & Africa (MEA), Europe and Latin America |
Report Coverage | Market Dynamics, Segmentation Overview and Competitive Landscape of the market |
Market Segmentation Overview
Term | Segments |
By Architecture | Hardware, Software, Services |
By Component | Programmable Logic Controller, Remote Terminal Unit, Human Machine Interface, Communication Systems |
By End Use Industry | Power Generation, Oil & Gas, Chemical, Water & Waste Water Treatment, Food & Beverages, Manufacturing, Mining, Pharmaceutical and others |
By Regions | Asia Pacific, North America, Middle East & Africa (MEA), Europe and Latin America |
Major Players in the SCADA market
Headquarters | Corporations |
The U.S. | Honeywell International, Inc., Rockwell Automation, Inc., Emersion Electric Co., General Electric |
Switzerland | ABB Ltd |
Germany | Siemens AG |
France | Schneider Electric SE |
Japan | Yokogawa Electric Corporation, Omron Corporation |
What Are the Driving Factors for SCADA Market?
- Rising demand for automating the process in power plants and substation
- Increasing urge for safety and reliability of upstream, midstream and downstream operations in oil & gas sector
- Growing installation of SCADA system in municipal water and wastewater treatment systems
- Rising demand for cloud based SCADA system
Why Buy this Report?
- In-depth analysis of market determinant factors.
- Market dynamics for each segment (such as Architecture, Component, End Use Industry, Regions).
- 10 years forecast by analyzing push and pull factors affecting the dynamics of the market.
- Application level cross sectional analysis for each product type.
- Regional level pricing trend analysis.
- This report acts as business decision support system by analyzing key trends in each market segment.
- Insights regarding business strategies of leading market players.
Market Dynamics
With the integration of software platforms with industrial processes, demand for extraction of key control information from the remote industrial field to analyze process operation has increased manifold in recent years. SCADA systems have provided much needed help to industries to detect major faults in process operation and rectify them. Growing demand for automating the process in power plants and substations has positively impacted the growth of the SCADA market size. In the oil & gas sector, the urge for safety and reliability of upstream, midstream, and downstream operations is driving the market’s growth.
Integration of the Internet of Things (IoT) with SCADA systems has increased its scalability and operating capability. Real-time data analysis through IoT integration has increased the acceptance of SCADA systems among industries, including oil & gas, power generation, chemical, and water & wastewater. The growing installation of SCADA systems in municipal water and wastewater treatment systems is identified as the major driving factor for the market.
High installation cost, complex setup process, and vulnerability of SCADA to infiltrated systems are the major restraining factor for the market, which may inhibit the growth over the forecast period. Increasing demand for cloud-based SCADA systems is identified as a major opportunity to drive the market’s future growth.
Segmentation Overview
By architecture
By architecture, the SCADA market is segmented into hardware, software, and services.
By component
By component, the market is subdivided into programmable logic controller, remote terminal unit, human machine interface, and communication systems.
By end-use industry
By end-use industry, the market is segmented into power generation, oil & gas, chemical, water & wastewater treatment, food & beverages, manufacturing, mining, pharmaceutical, and others. In terms of revenue, oil & gas and power generation are two of the largest end-use industry for SCADA systems.
By geography
The market has been segmented into Asia Pacific, North America, Middle East & Africa (MEA), Europe, and Latin America by geography. In terms of revenue, North America accounted for the largest market share of the SCADA market, followed by Europe.
Competitive Landscape
Major companies operating in the SCADA market are Honeywell International, Inc. (The U.S.), ABB Ltd (Switzerland), Rockwell Automation, Inc. (The U.S.), Emersion Electric Co. (The U.S.), Siemens AG (Germany), Schneider Electric SE (France), General Electric (The U.S.), Yokogawa Electric Corporation (Japan) and Omron Corporation (Japan).
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