ICT

Supervisory Control and Data Acquisition (SCADA) Market Size is Forecasted to Reach US$ 61.22 Bn by 2030

The global supervisory control and data acquisition (SCADA) market size is forecasted to reach from US$ 35.38 billion in 2021 to US$ 61.22 billion by 2030 and is anticipated to grow at compounded annual growth rate (CAGR) of 6.3% from 2021 to 2030, as per reports by market research and consulting organization Precedence Research.

The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The supervisory control and data acquisition (SCADA) market is analyzed on the basis of value (US$ Million), volume (Unit), and price (US$/Unit). The report offers exclusive insights to help companies make informed decision to sustain growth through the assessment period.

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The global supervisory control and data acquisition (SCADA) market is growing due to an increase in cloud-based SCADA system usage, infrastructure development such as smart cities and transportation, and high penetration of mobile SCADA systems. The cyber risks and the expenditure required to set up a SCADA system, on the other hand, are projected to stymie the SCADA market’s growth.

On the other hand, an increase in R&D efforts in wireless sensor networks in SCADA, as well as rapid growth in big data and analytics, has increased the efficiency of supervisory control and data acquisition (SCADA) systems, presenting a significant market expansion opportunity.

Scope of the SCADA Market

Report Coverage Details
Market Size in 2021 US$ 35.38 Billion
Growth Rate From 2021 to 2030 CAGR of 6.3%
Revenue Projection in 2030 US$ 61.22 Billion
Largest Market Asia-Pacific
Fastest Growing Market North America
Base Year 2021
Forecast Period 2021 to 2030

Competitive Landscape Analysis:

Some of the leading companies operating in the supervisory control and data acquisition (SCADA) market are profiled in the market study. The report also underscores winning strategies adopted over the last few years and gauges impact of the same on growth trajectory exhibited by the market over the last few years.

Major companies operating in this report are

  • Schneider Electric S.E.
  • ABB Ltd.
  • Hitachi Ltd.
  • IBM Corporation
  • Emerson Electric Co.
  • Rockwell Automation Inc.
  • Honeywell International Inc.
  • Mitsubishi Electric Corporation
  • Yokogawa Electric Corporation
  • Omron Corporation

Market Dynamics

Drivers

Increasing adoption of industry 4.0

The rising importance of real-time data in various industries for process analysis, as well as the growing need for automatic machines and robots, are boosting the adoption of industry 4.0. Most of industrial processes and systems can be automated with industry 4.0, allowing manufacturing units to run around the clock. It also helps to eliminate the errors committed by humans, that are common in manufacturing operations and processes. The cyber-physical systems, IOT, and cloud computing are all part of industry 4.0. As a result, the increasing adoption of industry 4.0 is driving the growth of supervisory control and data acquisition (SCADA) market.

Restraints

Threat of cyberattacks

While developing a sensor-based network to monitor and control critical infrastructures, one of the most important concerns to handle is cyberattacks. Supervisory control and data acquisition (SCADA) systems are vulnerable to cyberattacks since they are made up of a network of sensors, mainframe computers, communications systems, and storage systems. By combining logical processes and physical operations, SCADA systems manage the operational aspects of infrastructure. Thus, the threat of cyberattacks is restricting factor for the growth of supervisory control and data acquisition (SCADA) market during the forecast period.

Opportunities

Growth in big data analytics

The big data analytics have boosted the efficiency of SCADA systems, opening up lots of new opportunities for the market. The analytical software solutions aid businesses in reducing errors, improving decision-making, and diagnosing the source of issues. As a result, a growing number of sectors are using these technologies to construct decision-making methods. Supervisory control and data acquisition (SCADA) and advanced process control vendors have begun to include analytics tools in their products.

Challenges

Declination of gas and oil prices

The prices of gas and oil have been declining since a decade. The oil and gas firms have seen a drop in profit, revenue, and operating margins as a result of the price reduction. As a result, the investments in infrastructure projects have decline to some extent. The process automation is used in infrastructure projects such as hydrocarbon exploration and refinery development. As a result, the drop in capital investments has an impact on the process automation. Thus, the declination of gas and oil prices is a huge challenge for the growth of supervisory control and data acquisition (SCADA) market.

Report Highlights

  • Based on the offering, the software segment dominated the global supervisory control and data acquisition (SCADA) market in 2020 with highest market share. SCADA is a control system that combines software and hardware to develop automation technologies. Data regarding processors and connected equipment is received by the system, which supervisors utilize to control and optimize operations.
  • Based on the component, remote terminal units (RTU)segment is estimated to be the most opportunistic segment during the forecast period. The remote applications such as freshwater reservoirs and onshore oil and gas areas benefit from remote terminal units (RTU)’s increased communication capabilities. They also contribute to market income by facilitating direct interface between actuators, field sensors, and central control units. The market size will be driven by the growing need for low-cost monitoring solutions in remote locations.

Market Dynamics

Drivers

Increasing adoption of industry 4.0

The rising importance of real-time data in various industries for process analysis, as well as the growing need for automatic machines and robots, are boosting the adoption of industry 4.0. Most of industrial processes and systems can be automated with industry 4.0, allowing manufacturing units to run around the clock. It also helps to eliminate the errors committed by humans, that are common in manufacturing operations and processes. The cyber-physical systems, IOT, and cloud computing are all part of industry 4.0. As a result, the increasing adoption of industry 4.0 is driving the growth of supervisory control and data acquisition (SCADA) market.

Restraints

Threat of cyberattacks

While developing a sensor-based network to monitor and control critical infrastructures, one of the most important concerns to handle is cyberattacks. Supervisory control and data acquisition (SCADA) systems are vulnerable to cyberattacks since they are made up of a network of sensors, mainframe computers, communications systems, and storage systems. By combining logical processes and physical operations, SCADA systems manage the operational aspects of infrastructure. Thus, the threat of cyberattacks is restricting factor for the growth of supervisory control and data acquisition (SCADA) market during the forecast period.

Opportunities

Growth in big data analytics

The big data analytics have boosted the efficiency of SCADA systems, opening up lots of new opportunities for the market. The analytical software solutions aid businesses in reducing errors, improving decision-making, and diagnosing the source of issues. As a result, a growing number of sectors are using these technologies to construct decision-making methods. Supervisory control and data acquisition (SCADA) and advanced process control vendors have begun to include analytics tools in their products.

Challenges

Declination of gas and oil prices

The prices of gas and oil have been declining since a decade. The oil and gas firms have seen a drop in profit, revenue, and operating margins as a result of the price reduction. As a result, the investments in infrastructure projects have decline to some extent. The process automation is used in infrastructure projects such as hydrocarbon exploration and refinery development. As a result, the drop in capital investments has an impact on the process automation. Thus, the declination of gas and oil prices is a huge challenge for the growth of supervisory control and data acquisition (SCADA) market.

By Offering

  • Hardware
  • Software
  • Services

By Component

  • Human-machine Interface (HMI)
  • Programmable Logic Unit (PLC)
  • Remote Terminal Units (RTU)

By Application

  • Electrical Power
  • Oil & Gas
  • Water & Wastewater
  • Manufacturing
  • Transportation
  • Telecommunication
  • Chemicals
  • Food & Beverages
  • Pharmaceuticals
  • Others

Regional Segmentation

– North America (U.S. and Canada)

 – Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)

 – Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)

 – Latin America (Brazil and Rest of Latin America)

– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Why should you invest in this report?

If you are aiming to enter the global supervisory control and data acquisition (SCADA) market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for supervisory control and data acquisition (SCADA) are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.

Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.

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TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Channel Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Supervisory Control and Data Acquisition (SCADA) Market 

5.1. COVID-19 Landscape: Supervisory Control and Data Acquisition (SCADA) Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Supervisory Control and Data Acquisition (SCADA) Market, By Offering

8.1. Supervisory Control and Data Acquisition (SCADA) Market, by Offering Type, 2021-2030

8.1.1. Hardware

8.1.1.1. Market Revenue and Forecast (2019-2030)

8.1.2. Software

8.1.2.1. Market Revenue and Forecast (2019-2030)

8.1.3. Services

8.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 9. Global Supervisory Control and Data Acquisition (SCADA) Market, By Application

9.1. Supervisory Control and Data Acquisition (SCADA) Market, by Application, 2021-2030

9.1.1. Electrical Power

9.1.1.1. Market Revenue and Forecast (2019-2030)

9.1.2. Oil & Gas

9.1.2.1. Market Revenue and Forecast (2019-2030)

9.1.3. Water & Wastewater

9.1.3.1. Market Revenue and Forecast (2019-2030)

9.1.4. Manufacturing

9.1.4.1. Market Revenue and Forecast (2019-2030)

9.1.5. Transportation

9.1.5.1. Market Revenue and Forecast (2019-2030)

9.1.6. Telecommunication

9.1.6.1. Market Revenue and Forecast (2019-2030)

9.1.7. Chemicals

9.1.7.1. Market Revenue and Forecast (2019-2030)

9.1.8. Food & Beverages

9.1.8.1. Market Revenue and Forecast (2019-2030)

9.1.9. Pharmaceuticals

9.1.9.1. Market Revenue and Forecast (2019-2030)

9.1.10. Others

9.1.10.1. Market Revenue and Forecast (2019-2030)

Chapter 10. Global Supervisory Control and Data Acquisition (SCADA) Market, By Component 

10.1. Supervisory Control and Data Acquisition (SCADA) Market, by Component, 2021-2030

10.1.1. Distribution Channel

10.1.1.1. Market Revenue and Forecast (2019-2030)

10.1.2. Programmable Logic Unit (PLC)

10.1.2.1. Market Revenue and Forecast (2019-2030)

10.1.3. Remote Terminal Units (RTU)

10.1.3.1. Market Revenue and Forecast (2019-2030)

Chapter 11. Global Supervisory Control and Data Acquisition (SCADA) Market, Regional Estimates and Trend Forecast

11.1. North America

11.1.1. Market Revenue and Forecast, by Offering (2019-2030)

11.1.2. Market Revenue and Forecast, by Application (2019-2030)

11.1.3. Market Revenue and Forecast, by Component (2019-2030)

11.1.4. U.S.

11.1.4.1. Market Revenue and Forecast, by Offering (2019-2030)

11.1.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.1.4.3. Market Revenue and Forecast, by Component (2019-2030)

11.1.5. Rest of North America

11.1.5.1. Market Revenue and Forecast, by Offering (2019-2030)

11.1.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.1.5.3. Market Revenue and Forecast, by Component (2019-2030)

11.2. Europe

11.2.1. Market Revenue and Forecast, by Offering (2019-2030)

11.2.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.3. Market Revenue and Forecast, by Component (2019-2030)

11.2.4. UK

11.2.4.1. Market Revenue and Forecast, by Offering (2019-2030)

11.2.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.4.3. Market Revenue and Forecast, by Component (2019-2030)

11.2.5. Germany

11.2.5.1. Market Revenue and Forecast, by Offering (2019-2030)

11.2.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.5.3. Market Revenue and Forecast, by Component (2019-2030)

11.2.6. France

11.2.6.1. Market Revenue and Forecast, by Offering (2019-2030)

11.2.6.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.6.3. Market Revenue and Forecast, by Component (2019-2030)

11.2.7. Rest of Europe

11.2.7.1. Market Revenue and Forecast, by Offering (2019-2030)

11.2.7.2. Market Revenue and Forecast, by Application (2019-2030)

11.2.7.3. Market Revenue and Forecast, by Component (2019-2030)

11.3. APAC

11.3.1. Market Revenue and Forecast, by Offering (2019-2030)

11.3.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.3. Market Revenue and Forecast, by Component (2019-2030)

11.3.4. India

11.3.4.1. Market Revenue and Forecast, by Offering (2019-2030)

11.3.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.4.3. Market Revenue and Forecast, by Component (2019-2030)

11.3.5. China

11.3.5.1. Market Revenue and Forecast, by Offering (2019-2030)

11.3.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.5.3. Market Revenue and Forecast, by Component (2019-2030)

11.3.6. Japan

11.3.6.1. Market Revenue and Forecast, by Offering (2019-2030)

11.3.6.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.6.3. Market Revenue and Forecast, by Component (2019-2030)

11.3.7. Rest of APAC

11.3.7.1. Market Revenue and Forecast, by Offering (2019-2030)

11.3.7.2. Market Revenue and Forecast, by Application (2019-2030)

11.3.7.3. Market Revenue and Forecast, by Component (2019-2030)

11.4. MEA

11.4.1. Market Revenue and Forecast, by Offering (2019-2030)

11.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.3. Market Revenue and Forecast, by Component (2019-2030)

11.4.4. GCC

11.4.4.1. Market Revenue and Forecast, by Offering (2019-2030)

11.4.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.4.3. Market Revenue and Forecast, by Component (2019-2030)

11.4.5. North Africa

11.4.5.1. Market Revenue and Forecast, by Offering (2019-2030)

11.4.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.5.3. Market Revenue and Forecast, by Component (2019-2030)

11.4.6. South Africa

11.4.6.1. Market Revenue and Forecast, by Offering (2019-2030)

11.4.6.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.6.3. Market Revenue and Forecast, by Component (2019-2030)

11.4.7. Rest of MEA

11.4.7.1. Market Revenue and Forecast, by Offering (2019-2030)

11.4.7.2. Market Revenue and Forecast, by Application (2019-2030)

11.4.7.3. Market Revenue and Forecast, by Component (2019-2030)

11.5. Latin America

11.5.1. Market Revenue and Forecast, by Offering (2019-2030)

11.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.5.3. Market Revenue and Forecast, by Component (2019-2030)

11.5.4. Brazil

11.5.4.1. Market Revenue and Forecast, by Offering (2019-2030)

11.5.4.2. Market Revenue and Forecast, by Application (2019-2030)

11.5.4.3. Market Revenue and Forecast, by Component (2019-2030)

11.5.5. Rest of LATAM

11.5.5.1. Market Revenue and Forecast, by Offering (2019-2030)

11.5.5.2. Market Revenue and Forecast, by Application (2019-2030)

11.5.5.3. Market Revenue and Forecast, by Component (2019-2030)

Chapter 12. Company Profiles

12.1. Schneider Electric S.E.

12.1.1. Company Overview

12.1.2. Product Offerings

12.1.3. Financial Performance

12.1.4. Recent Initiatives

12.2. ABB Ltd.

12.2.1. Company Overview

12.2.2. Product Offerings

12.2.3. Financial Performance

12.2.4. Recent Initiatives

12.3. Hitachi Ltd.

12.3.1. Company Overview

12.3.2. Product Offerings

12.3.3. Financial Performance

12.3.4. Recent Initiatives

12.4. IBM Corporation

12.4.1. Company Overview

12.4.2. Product Offerings

12.4.3. Financial Performance

12.4.4. Recent Initiatives

12.5. Emerson Electric Co.

12.5.1. Company Overview

12.5.2. Product Offerings

12.5.3. Financial Performance

12.5.4. Recent Initiatives

12.6. Rockwell Automation Inc.

12.6.1. Company Overview

12.6.2. Product Offerings

12.6.3. Financial Performance

12.6.4. Recent Initiatives

12.7. Honeywell International Inc.

12.7.1. Company Overview

12.7.2. Product Offerings

12.7.3. Financial Performance

12.7.4. Recent Initiatives

12.8. Mitsubishi Electric Corporation

12.8.1. Company Overview

12.8.2. Product Offerings

12.8.3. Financial Performance

12.8.4. Recent Initiatives

12.9. Yokogawa Electric Corporation

12.9.1. Company Overview

12.9.2. Product Offerings

12.9.3. Financial Performance

12.9.4. Recent Initiatives

12.10. Omron Corporation

12.10.1. Company Overview

12.10.2. Product Offerings

12.10.3. Financial Performance

12.10.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research

13.2. Secondary Research

13.3. Assumptions

Chapter 14. Appendix

14.1. About Us

14.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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