SCADA Market Report: Trends, Forecast and Competitive Analysis to 2030

SCADA Trends and Forecast

The future of the global SCADA market looks promising with opportunities in the process industries, discrete manufacturing, and utilitie markets. The global SCADA market is expected to reach an estimated $19.3 billion by 2030 with a CAGR of 10.5% from 2024 to 2030. The major drivers for this market are rapid uptake of industry 4.0 technologies in manufacturing and process industries, expediting the integration of AI and IoT in manufacturing sectors, and increasing utilization of mobility solutions in industrial settings.

A more than 150-page report is developed to help in your business decisions.

SCADA by Segment

The study includes a forecast for the global SCADA by offering, component, end use industry, and region.

SCADA Market by Offering [Shipment Analysis by Value from 2018 to 2030]:

• Hardware
• Software
• Services

SCADA Market by Component [Shipment Analysis by Value from 2018 to 2030]:

• Programmable Logic Controller
• Remote Terminal Unit
• Human-Machine Interface
• Communication System
• Others

SCADA Market by End Use Industry [Shipment Analysis by Value from 2018 to 2030]:

• Process Industries
• Discrete Manufacturing
• Utilitie

SCADA Market by Region [Shipment Analysis by Value from 2018 to 2030]:

• North America
• Europe
• Asia Pacific
• The Rest of the World

List of SCADA Companies

Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies SCADA companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the SCADA companies profiled in this report include-

• Rockwell Automation
• Schneider Electric
• Emerson Electric
• Siemens
• ABB

SCADA Market Insights

Lucintel forecasts that services is expected to witness highest growth over the forecast period.

Within this market, process industries will remain the largest segment.

Europe is expected to witness highest growth over the forecast period due to growth of the manufacturing sector in the area and increased investments in smart grid projects.

Features of the Global SCADA Market

Market Size Estimates: SCADA market size estimation in terms of value ($B).

Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.

Segmentation Analysis: SCADA market size by offering, component, end use industry, and region in terms of value ($B).

Regional Analysis: SCADA market breakdown by North America, Europe, Asia Pacific, and Rest of the World.

Growth Opportunities: Analysis of growth opportunities in different offering, component, end use industry, and regions for the SCADA market.

Strategic Analysis: This includes M&A, new product development, and competitive landscape of the SCADA market.

Analysis of competitive intensity of the industry based on Porter's Five Forces model.

FAQ

Q.1 What is the SCADA market size?

Answer: The global SCADA market is expected to reach an estimated $19.3 billion by 2030.

Q.2 What is the growth forecast for SCADA market?

Answer: The global SCADA market is expected to grow with a CAGR of 10.5% from 2024 to 2030.

Q.3 What are the major drivers influencing the growth of the SCADA market?

Answer: The major drivers for this market are rapid uptake of industry 4.0 technologies in manufacturing and process industries, expediting the integration of AI and IoT in manufacturing sectors, and increasing utilization of mobility solutions in industrial settings.

Q4. What are the major segments for SCADA market?

Answer: The future of the SCADA market looks promising with opportunities in the process industries, discrete manufacturing, and utilitie markets.

Q5. Who are the key SCADA Market companies?

Answer: Some of the key SCADA companies are as follows.

• Rockwell Automation
• Schneider Electric
• Emerson Electric
• Siemens
• ABB

Q6. Which SCADA market segment will be the largest in future?

Answer: Lucintel forecasts that services is expected to witness highest growth over the forecast period.

Q7. In SCADA market, which region is expected to be the largest in next 5 years?

Answer:Europe is expected to witness highest growth over the forecast period due to growth of the manufacturing sector in the area and increased investments in smart grid projects.

Q.8 Do we receive customization in this report?

Answer: Yes, Lucintel provides 10% customization without any additional cost.

This report answers following 11 key questions:

• Q.1. What are some of the most promising, high-growth opportunities for the SCADA market by offering (hardware, software, and services), component (programmable logic controller, remote terminal unit, human-machine interface, communication system, and others), end use industry (process industries, discrete manufacturing, and utilitie), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
• Q.2. Which segments will grow at a faster pace and why?
• Q.3. Which region will grow at a faster pace and why?
• Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
• Q.5. What are the business risks and competitive threats in this market?
• Q.6. What are the emerging trends in this market and the reasons behind them?
• Q.7. What are some of the changing demands of customers in the market?
• Q.8. What are the new developments in the market? Which companies are leading these developments?
• Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
• Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
• Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?