Supervisory Control and Data Acquisition (SCADA) Global Market to Reach $18.1 Billion by 2030: Cloud-based SCADA Continues to Make Strong Gains


Dublin, Feb. 28, 2023 (GLOBE NEWSWIRE) -- The "Supervisory Control and Data Acquisition (SCADA): Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.

The global market for Supervisory Control and Data Acquisition (SCADA) estimated at US$11.9 Billion in the year 2022, is projected to reach a revised size of US$18.1 Billion by 2030, growing at a CAGR of 5.4% over the analysis period 2022-2030.

Services, one of the segments analyzed in the report, is projected to record a 6% CAGR and reach US$9.8 Billion by the end of the analysis period.

Taking into account the ongoing post pandemic recovery, growth in the Software segment is readjusted to a revised 5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $3.1 Billion, While China is Forecast to Grow at 7.4% CAGR

The Supervisory Control and Data Acquisition (SCADA) market in the U.S. is estimated at US$3.1 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$3.1 Billion by the year 2030 trailing a CAGR of 7.4% over the analysis period 2022 to 2030.

Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.3% and 5.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.8% CAGR.

Select Competitors (Total 116 Featured) -

  • ABB Ltd
  • AVEVA Group plc
  • Emerson Electric Co
  • Detechtion Technologies
  • General Electric
  • Hitachi, Ltd
  • Honeywell International
  • Iconics Inc
  • Inductive Automation
  • Mitsubishi Electric Factory Automation
  • Omron Corporation
  • Ovak Technologies
  • Progea group
  • Rockwell Automation, Inc
  • Schneider Electric
  • Siemens AG
  • Toshiba Infrastructure Systems & Solutions Corporation
  • Willowglen Systems Inc
  • Yokogawa Electric

What`s New for 2023?

  • Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
  • Global competitiveness and key competitor percentage market shares
  • Market presence across multiple geographies - Strong/Active/Niche/Trivial
  • Online interactive peer-to-peer collaborative bespoke updates
  • Access to digital archives and Research Platform
  • Complimentary updates for one year

Report Metrics:

Report AttributeDetails
No. of Pages724
Forecast Period2022 - 2030
Estimated Market Value (USD) in 2022$11.9 Billion
Forecasted Market Value (USD) by 2030$18.1 Billion
Compound Annual Growth Rate5.4%
Regions CoveredGlobal

Key Topics Covered:

I. METHODOLOGY

II. EXECUTIVE SUMMARY

1. MARKET OVERVIEW

  • Influencer Market Insights
  • World Market Trajectories
  • An Introduction to Supervisory Control and Data Acquisition (SCADA)
  • Components of SCADA
  • Functions of SCADA
  • SCADA Architectures
  • Global Market Prospects and Outlook
  • RTU and Service Architecture Segments Lead Global SCADA Market
  • Oil & Gas Industry Emerges as the Largest Application Market for SCADA
  • Developed Countries Dominate, Developing Markets Offer Opportunities for Future Growth
  • Impact of COVID-19
  • While Immediate Liquidity Crunch Will Trigger Declines in IT Spending in 2020, Automation, Cybersecurity, Cloud, AI & IoT Will Lead a Quick Recovery in 2021: Global IT Spending Growth (In %) for 2018-2020
  • Competition
  • Recent Market Activity
  • Supervisory Control and Data Acquisition (SCADA) - Global Key Competitors Percentage Market Share in 2022 (E)
  • Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)

2. FOCUS ON SELECT PLAYERS

3. MARKET TRENDS & DRIVERS

  • With Automation Being the Most Logical Choice for Process Improvements, Adoption of SCADA Systems Poised to Rise
  • Spending on Industrial Automation Spurs Interest in SCADA as a Tool to Enable Automation: Global Industrial Automation Market (in US$ Billion) for the Years 2019, 2022, 2024 and 2026
  • Increasing Role of SCADA in Data, Energy and Diagnostic Management
  • Complexity of Modern Industrial Processes Provides a Business Case for SCADA
  • Focus on Urban Infrastructure Development Projects Supports Growth of SCADA Market
  • Global Smart Cities Market Revenues in US$ Billion for the Years 2019, 2021, 2023 and 2025
  • SCADA Technology Playing a Critical Part in Enabling Industry 4.0
  • 5G to Help SCADA Emerge as Major Building Block for Smart Factories
  • Need for SCADA Grows with Increased Adoption of IoT and Artificial Intelligence
  • SCADA Systems Need to Evolve to Tap IIoT Opportunity
  • Deployment of WSNs Boosts the Performance & Flexibility of SCADA
  • With Mobility Gaining Prominence in Industrial Automation & Process Control, Mobile SCADA Comes into the Spotlight as a Promising Technology
  • Smartphone Usage in the Industrial Era of Interconnectivity & Open Communication Presents Opportunities for Mobile SCADA: Global Shipments of Smartphones (in Million Units) for the Years 2011 through 2019
  • IP SCADA Systems Raises Risk of Security Attacks
  • New Developments in Wireless SCADA
  • Cloud-based SCADA Continues to Make Strong Gains
  • Growing Adoption of Cloud SCADA-as-a-Service
  • Big Data Analytics Improve Efficiency of SCADA Systems
  • Increasing Integration of SCADA with Corporate IT Systems
  • Remote Monitoring and Management of SCADA Systems Fuels Development of SCADA-HMI Applications
  • RTUs: The Fundamental Building Block for SCADA Systems
  • Advanced PLCs Emerge as Replacements for RTUs
  • Market Benefits from Technological Advancements in SCADA Systems
  • As SCADA Assumes Significance in Critical Infrastructure, Cybersecurity Concerns Come into Spotlight
  • SCADA Becomes Vital to Distribution, Transmission & Generation Assets in the Power Sector
  • Projected Infrastructure Investments in the Energy Sector Sets the Business Climate for SCADA in Utilities: Global Cumulative Infrastructure Spending (In US$ Trillion) by Sector during 2016-2030
  • SCADA Gains Traction in Renewable Energy Plants
  • SCADA: Vital for Smart Grid Decision Making
  • Global Smart Grid Revenues in US$ Million for the Years 2018, 2021 and 2024
  • Rising Interest in Automation Solutions Spurs Growth Potential of SCADA Technology in Oil & Gas Industry
  • As Digital Technologies Penetrate the Oil & Gas Industry to Relieve Cost & Efficiency Pressures, SCADA Systems Poised to Benefit: Global Spending on Digital Oilfield Technologies (In US$ Billion) for the Years 2019, 2021 and 2023
  • Trend towards Smart Water Networks Drives SCADA Demand
  • SCADA Systems Find Increased Application in the Agriculture Sector
  • SCADA Systems Remain Indispensable Technology for Solar Operators

4. GLOBAL MARKET PERSPECTIVE

III. MARKET ANALYSIS

IV. COMPETITION

For more information about this report visit https://www.researchandmarkets.com/r/qd96oa

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Global Market for Supervisory Control and Data Acquisition (SCADA)

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