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

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Global Market for Supervisory Control and Data Acquisition (SCADA)

Global Market for Supervisory Control and Data Acquisition (SCADA)

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 Attribute	Details
No. of Pages	724
Forecast Period	2022 - 2030
Estimated Market Value (USD) in 2022	$11.9 Billion
Forecasted Market Value (USD) by 2030	$18.1 Billion
Compound Annual Growth Rate	5.4%
Regions Covered	Global

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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