SCADA Market Assessment, By Offering, By Component, By End-users, By Region, Opportunities and Forecast, 2017-2031F

Description

List of Tables

Global SCADA market is projected to witness a CAGR of 8.35% during the forecast period 2024-2031, growing from USD 11.15 billion in 2023 to USD 21.16 billion in 2031. The requirements of industry and technological advancements are driving a rapid evolution of Supervisory Control and Data Acquisition (SCADA) systems. SCADA systems are being improved by Internet of Things (IoT) and Industrial Internet of Things (IIoT) technologies, which offer more detailed data from a larger variety of sensors and devices. More advanced data analytics and real-time monitoring are possible through this integration. Cloud-based SCADA systems provide remote access and scalability, and need less infrastructure, becoming prominent in the future. The increasing interconnectivity of SCADA systems has made cybersecurity a top priority. Stronger encryption, multi-factor authentication, and ongoing security monitoring to ward off cyberattacks are some of the new trends. Hence, companies are investing in technologies that make their SCADA systems more reliable for cybersecurity operations.

For instance, in August 2023, Schneider Electric SE launched two SCADAPack controllers. The launched 471i and 474i Smart RTU (Remote Terminal Unit) controllers combine the flexibility of an open-source Linux operating system with field-proven remote terminal units, all packaged into an integrated edge computing platform. The new SCADAPack controllers use secure-by-design communication protocols and address common remote operations difficulties in compliance with cybersecurity regulations.

Industrial Automation and Real-Time Monitoring to Fuel Market Growth

The demand for SCADA systems is being driven by an increase in the adoption of automation and digital transformation across industries. Through automation and real-time monitoring, businesses aim to increase production, lower costs, and improve operational efficiency. Real-time process monitoring and management are essential for industries to guarantee efficiency, dependability, and safety.

Critical functionalities for real-time data collection, analysis, and control are provided by SCADA systems. An important factor is the growth of the Industrial Internet of Things (IIoT) through different operations. The demand for advanced SCADA solutions is driven by the ability of SCADA systems to interface with these IIoT devices and sensors to enable smarter decision-making and offer more granular data. The growing demand for advanced security in expanding industrial spaces is propelling market growth. The real-time monitoring, along with historical data, delivers a high-end SCADA system.

For instance, in July 2024, Hidrostal Process Engineering Ltd. launched a new digital solution for pump monitoring and control. By using the Hidrostal web application, the functioning of pumps can be observed by accessing historical and real-time data. Also, HidroSmart can be integrated into existing SCADA systems via Modbus or modified in other ways.

System Integrations and Improved Control to Empower Industrial Operations

SCADA systems can integrate with other enterprise systems, such as manufacturing execution systems (MES), enterprise resource planning (ERP), and geographic information systems (GIS). This integration provides a comprehensive view of operations and enhances coordination across different functions. SCADA systems enhance operational efficiency by streamlining procedures and minimizing manual interventions. With reduced energy use, lower downtime, and affordable maintenance, SCADA results in cost savings.

SCADA systems make it possible to operate equipment and procedures remotely. From a single location, operators may change process parameters from start or stop equipment and adjust settings, which minimizes the need for manual intervention and boosts operational effectiveness. The rising adoption of these monitoring systems in the energy and power sector has propelled the market growth.

For instance, in February 2023, ABB Ltd. launched the ABB Ability Symphony Plus distributed control system. The system aims at transforming and revolutionizing the power generation and water sector. The latest control system boosts productivity and facilitates the integration of the entire facility digitally, providing a non-intrusive update of the existing equipment. The uptime, teamwork, and productivity of the plant are enhanced by the incorporation of HTML5 web-based mobile operations.

Critical Role of RTUs in Enhancing SCADA Systems Fuels the Dominance of Segment

The remote terminal unit (RTU) segment is leading the share of the SCADA market. RTUs are deployed at the site and, therefore, collect data from sensors, meters, and actuators. They collect information related to parameters such as temperature, pressure, flow, and level, indispensable for central real-time monitoring and control. RTUs then forward this data back to the central SCADA system. Operators can thus centrally monitor and control processes in real-time.

RTUs are widely used in all sectors, such as utilities like water and electricity, oil and gas, manufacturing, and transportation. Universality in dealing with various kinds of data and interfaces is inevitable in different applications. The implementation of the contemporary RTUs can support several communication protocols, such as Modbus, DNP3, and IEC 61850. It improves their integration into a vast number of SCADA systems and reliability of information. Companies are focusing on limiting the size of RTU units for easy remote monitoring and a wide range of applications.

For instance, in October 2023, Lee-Dickens Ltd. launched a small-sized low-power RTU. The Mini RTU is approximately half the size of the Midi RTU and is designed for ultra-low-power remote monitoring and data logging. It offers a range of power supply options and additional features, making it versatile for various applications. Ideal for extremely remote locations without power sources, RTU employs a cellular modem to transmit status updates and alarm notifications to SCADA or IIOT servers.

Asia-Pacific Dominates the Global SCADA Market Share

Asia-Pacific is expected to dominate the share of the global SCADA market. Rapid urbanization and industrialization are supported by higher economic activities. New companies are entering emerging economies, such as China and India, anticipated to fuel industrial automation and operate in large-scale industries such as energy and power, discrete manufacturing, and utilities, which are expected to scale up the adoption of SCADA systems. In Asia-Pacific, China, India, and Southeast Asian countries have seen a significant expansion in their industrial sector. This expansion is fueling the need for SCADA systems to oversee intricate industrial operations and infrastructure effectively.

Product Code: MX11983

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

4.1. Product and Market Intelligence
4.2. Mode of Brand Awareness
4.3. Factors Considered in Purchase Decisions
- 4.3.1. Scalability
- 4.3.2. Integration Capabilities
- 4.3.3. User Interface and Experience
- 4.3.4. Real-time data Processing
- 4.3.5. Reliability and Redundancy
- 4.3.6. Cybersecurity Features

Product Code: MX11983

List of Tables

Table 1. Pricing Analysis of Products from Key Players
Table 2. Competition Matrix of Top 5 Market Leaders
Table 3. Mergers & Acquisitions/ Joint Ventures (If Applicable)
Table 4. About Us - Regions and Countries Where We Have Executed Client Projects

List of Figures

Figure 1. Global SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 2. Global SCADA Market Share (%), By Offering, 2017-2031F
Figure 3. Global SCADA Market Share (%), By Component, 2017-2031F
Figure 4. Global SCADA Market Share (%), By End-users, 2017-2031F
Figure 5. Global SCADA Market Share (%), By Region, 2017-2031F
Figure 6. North America SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 7. North America SCADA Market Share (%), By Offering, 2017-2031F
Figure 8. North America SCADA Market Share (%), By Component, 2017-2031F
Figure 9. North America SCADA Market Share (%), By End-users, 2017-2031F
Figure 10. North America SCADA Market Share (%), By Country, 2017-2031F
Figure 11. United States SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 12. United States SCADA Market Share (%), By Offering, 2017-2031F
Figure 13. United States SCADA Market Share (%), By Component, 2017-2031F
Figure 14. United States SCADA Market Share (%), By End-users, 2017-2031F
Figure 15. Canada SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 16. Canada SCADA Market Share (%), By Offering, 2017-2031F
Figure 17. Canada SCADA Market Share (%), By Component, 2017-2031F
Figure 18. Canada SCADA Market Share (%), By End-users, 2017-2031F
Figure 19. Mexico SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 20. Mexico SCADA Market Share (%), By Offering, 2017-2031F
Figure 21. Mexico SCADA Market Share (%), By Component, 2017-2031F
Figure 22. Mexico SCADA Market Share (%), By End-users, 2017-2031F
Figure 23. Europe SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 24. Europe SCADA Market Share (%), By Offering, 2017-2031F
Figure 25. Europe SCADA Market Share (%), By Component, 2017-2031F
Figure 26. Europe SCADA Market Share (%), By End-users, 2017-2031F
Figure 27. Europe SCADA Market Share (%), By Country, 2017-2031F
Figure 28. Germany SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 29. Germany SCADA Market Share (%), By Offering, 2017-2031F
Figure 30. Germany SCADA Market Share (%), By Component, 2017-2031F
Figure 31. Germany SCADA Market Share (%), By End-users, 2017-2031F
Figure 32. France SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 33. France SCADA Market Share (%), By Offering, 2017-2031F
Figure 34. France SCADA Market Share (%), By Component, 2017-2031F
Figure 35. France SCADA Market Share (%), By End-users, 2017-2031F
Figure 36. Italy SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 37. Italy SCADA Market Share (%), By Offering, 2017-2031F
Figure 38. Italy SCADA Market Share (%), By Component, 2017-2031F
Figure 39. Italy SCADA Market Share (%), By End-users, 2017-2031F
Figure 40. United Kingdom SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 41. United Kingdom SCADA Market Share (%), By Offering, 2017-2031F
Figure 42. United Kingdom SCADA Market Share (%), By Component, 2017-2031F
Figure 43. United Kingdom SCADA Market Share (%), By End-users, 2017-2031F
Figure 44. Russia SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 45. Russia SCADA Market Share (%), By Offering, 2017-2031F
Figure 46. Russia SCADA Market Share (%), By Component, 2017-2031F
Figure 47. Russia SCADA Market Share (%), By End-users, 2017-2031F
Figure 48. Netherlands SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 49. Netherlands SCADA Market Share (%), By Offering, 2017-2031F
Figure 50. Netherlands SCADA Market Share (%), By Component, 2017-2031F
Figure 51. Netherlands SCADA Market Share (%), By End-users, 2017-2031F
Figure 52. Spain SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 53. Spain SCADA Market Share (%), By Offering, 2017-2031F
Figure 54. Spain SCADA Market Share (%), By Component, 2017-2031F
Figure 55. Spain SCADA Market Share (%), By End-users, 2017-2031F
Figure 56. Turkey SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 57. Turkey SCADA Market Share (%), By Offering, 2017-2031F
Figure 58. Turkey SCADA Market Share (%), By Component, 2017-2031F
Figure 59. Turkey SCADA Market Share (%), By End-users, 2017-2031F
Figure 60. Poland SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 61. Poland SCADA Market Share (%), By Offering, 2017-2031F
Figure 62. Poland SCADA Market Share (%), By Component, 2017-2031F
Figure 63. Poland SCADA Market Share (%), By End-users, 2017-2031F
Figure 64. South America SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 65. South America SCADA Market Share (%), By Offering, 2017-2031F
Figure 66. South America SCADA Market Share (%), By Component, 2017-2031F
Figure 67. South America SCADA Market Share (%), By End-users, 2017-2031F
Figure 68. South America SCADA Market Share (%), By Country, 2017-2031F
Figure 69. Brazil SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 70. Brazil SCADA Market Share (%), By Offering, 2017-2031F
Figure 71. Brazil SCADA Market Share (%), By Component, 2017-2031F
Figure 72. Brazil SCADA Market Share (%), By End-users, 2017-2031F
Figure 73. Argentina SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 74. Argentina SCADA Market Share (%), By Offering, 2017-2031F
Figure 75. Argentina SCADA Market Share (%), By Component, 2017-2031F
Figure 76. Argentina SCADA Market Share (%), By End-users, 2017-2031F
Figure 77. Asia-Pacific SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 78. Asia-Pacific SCADA Market Share (%), By Offering, 2017-2031F
Figure 79. Asia-Pacific SCADA Market Share (%), By Component, 2017-2031F
Figure 80. Asia-Pacific SCADA Market Share (%), By End-users, 2017-2031F
Figure 81. Asia-Pacific SCADA Market Share (%), By Country, 2017-2031F
Figure 82. India SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 83. India SCADA Market Share (%), By Offering, 2017-2031F
Figure 84. India SCADA Market Share (%), By Component, 2017-2031F
Figure 85. India SCADA Market Share (%), By End-users, 2017-2031F
Figure 86. China SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 87. China SCADA Market Share (%), By Offering, 2017-2031F
Figure 88. China SCADA Market Share (%), By Component, 2017-2031F
Figure 89. China SCADA Market Share (%), By End-users, 2017-2031F
Figure 90. Japan SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 91. Japan SCADA Market Share (%), By Offering, 2017-2031F
Figure 92. Japan SCADA Market Share (%), By Component, 2017-2031F
Figure 93. Japan SCADA Market Share (%), By End-users, 2017-2031F
Figure 94. Australia SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 95. Australia SCADA Market Share (%), By Offering, 2017-2031F
Figure 96. Australia SCADA Market Share (%), By Component, 2017-2031F
Figure 97. Australia SCADA Market Share (%), By End-users, 2017-2031F
Figure 98. Vietnam SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 99. Vietnam SCADA Market Share (%), By Offering, 2017-2031F
Figure 100. Vietnam SCADA Market Share (%), By Component, 2017-2031F
Figure 101. Vietnam SCADA Market Share (%), By End-users, 2017-2031F
Figure 102. South Korea SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 103. South Korea SCADA Market Share (%), By Offering, 2017-2031F
Figure 104. South Korea SCADA Market Share (%), By Component, 2017-2031F
Figure 105. South Korea SCADA Market Share (%), By End-users, 2017-2031F
Figure 106. Indonesia SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 107. Indonesia SCADA Market Share (%), By Offering, 2017-2031F
Figure 108. Indonesia SCADA Market Share (%), By Component, 2017-2031F
Figure 109. Indonesia SCADA Market Share (%), By End-users, 2017-2031F
Figure 110. Philippines SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 111. Philippines SCADA Market Share (%), By Offering, 2017-2031F
Figure 112. Philippines SCADA Market Share (%), By Component, 2017-2031F
Figure 113. Philippines SCADA Market Share (%), By End-users, 2017-2031F
Figure 114. Middle East & Africa SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 115. Middle East & Africa SCADA Market Share (%), By Offering, 2017-2031F
Figure 116. Middle East & Africa SCADA Market Share (%), By Component, 2017-2031F
Figure 117. Middle East & Africa SCADA Market Share (%), By End-users, 2017-2031F
Figure 118. Middle East & Africa SCADA Market Share (%), By Country, 2017-2031F
Figure 119. Saudi Arabia SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 120. Saudi Arabia SCADA Market Share (%), By Offering, 2017-2031F
Figure 121. Saudi Arabia SCADA Market Share (%), By Component, 2017-2031F
Figure 122. Saudi Arabia SCADA Market Share (%), By End-users, 2017-2031F
Figure 123. UAE SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 124. UAE SCADA Market Share (%), By Offering, 2017-2031F
Figure 125. UAE SCADA Market Share (%), By Component, 2017-2031F
Figure 126. UAE SCADA Market Share (%), By End-users, 2017-2031F
Figure 127. South Africa SCADA Market, By Value, In USD Billion, 2017-2031F
Figure 128. South Africa SCADA Market Share (%), By Offering, 2017-2031F
Figure 129. South Africa SCADA Market Share (%), By Component, 2017-2031F
Figure 130. South Africa SCADA Market Share (%), By End-users, 2017-2031F
Figure 131. By Offering Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 132. By Component Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 133. By End-users Map-Market Size (USD Billion) & Growth Rate (%), 2023
Figure 134. By Region Map-Market Size (USD Billion) & Growth Rate (%), 2023

SCADA Market Assessment, By Offering, By Component, By End-users, By Region, Opportunities and Forecast, 2017-2031F

Description

Table of Contents

List of Tables

Table of Contents

1. Project Scope and Definitions

2. Research Methodology

3. Executive Summary

4. Voice of Customer

5. Global SCADA Market Outlook, 2017-2031F

6. North America SCADA Market Outlook, 2017-2031F*

7. Europe SCADA Market Outlook, 2017-2031F

8. Asia-Pacific SCADA Market Outlook, 2017-2031F

9. South America SCADA Market Outlook, 2017-2031F

10. Middle East and Africa SCADA Market Outlook, 2017-2031F

11. Demand Supply Analysis

12. Value Chain Analysis

13. Porter's Five Forces Analysis

14. PESTLE Analysis

15. Market Dynamics

16. Market Trends and Developments

17. Case Studies

18. Competitive Landscape

19. Strategic Recommendations

20. About Us and Disclaimer

List of Tables

List of Figures