With a predicted valuation of $27.5 billion by 2027, the global SCADA (Supervisory Control and Data Acquisition) market is expected to have impressive growth in the years to come. Despite the difficult conditions brought on by the COVID-19 pandemic, the market is anticipated to continue to expand at a steady compound annual growth rate (CAGR) of 8.4% from 2020 to 2027. The increased accessibility and affordability of advanced automation workflow solutions, as well as the growing need for SCADA systems across a variety of industries, are the main factors contributing to this expansion.
SCADA Market systems are essential for monitoring and managing industrial processes because they provide in-the-moment data collection, analysis, and operational improvement. The need for effective and dependable SCADA solutions is increasing as enterprises become more sophisticated and technologically oriented. Automation workflow solutions are undergoing substantial industry developments, including enhanced connectivity, cloud-based SCADA platforms, and cutting-edge analytics capabilities, which improve the performance and usefulness of SCADA systems.
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The COVID-19 pandemic’s effects have also emphasised how crucial automation and remote monitoring are to maintaining operational effectiveness and company continuity. Strong SCADA systems are becoming more essential as sectors adjust to the “new normal.” These systems make it possible to access and manage industrial operations remotely, which lessens the need for manual intervention and lowers the chance of contracting contagious diseases. During the forecast period, the market’s growth is anticipated to be driven by the expanding usage of SCADA systems across numerous industries, including oil and gas, water and wastewater, manufacturing, and energy.
Highlighted with 99 tables and 85 figures, this 201-page report “Global SCADA Market 2021-2027 by System Component (Supervisory Station, RTU, PLC, HMI, Communication Infrastructure), Architecture Type (Hardware, Software, Services), Deployment Mode (On-premise, Cloud-based, Hybrid), Industry Vertical, and Region: Growth Opportunity and Business Strategy” is based on a comprehensive research of the entire global SCADA market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2017-2019 and provides estimate for 2020 and forecast from 2021 till 2027 with 2019 as the base year (Year 2020 is not appropriate for research base due to the outbreak of COVID-19).
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In-depth qualitative analyses include identification and investigation of the following aspects:
- Market Structure
- Growth Drivers
- Restraints and Challenges
- Emerging Product Trends & Market Opportunities
- Porter’s Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19. The balanced (most likely) projection is used to quantify global home fitness equipment market in every aspect of the classification from perspectives of Product Type, Grade, End User, Distribution Channel, and Region.
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Based on System Component, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- Supervisory Station
- Remote Terminal Unit (RTU)
- Programmable Logic Controller (PLC)
- Human Machine Interface (HMI)
- Communication Infrastructure
Based on Architecture Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- Hardware
- Software
- Services
Based on Deployment Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- On-premise Systems
- Cloud-based Systems
- Hybrid Systems
Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2017-2027 included in each section.
- Oil and Gas Industry
- Electrical Power Industry
- Chemical and Petrochemical Industry
- Water and Wastewater Treatment
- Transportation
- Telecommunication
- Pharmaceutical Industry
- Others
Geographically, the following regions together with the listed national/local markets are fully investigated:
- North America (U.S., Canada, and Mexico)
- Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
- APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
- South America (Brazil, Chile, Argentina, Rest of South America)
- MEA (UAE, Saudi Arabia, Iran)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2017-2027. The breakdown of all regional markets by country and split of key national markets by System Component, Architecture Type, and Industry Vertical over the forecast years are also included
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The report also covers current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players: (this may not be a complete list and extra companies can be added upon request)
ABB Ltd.
B-SCADA Inc.
Emerson Electric Co.
Endress+Hauser AG
General Electric Co.
Hitachi, Ltd.
Honeywell International Inc.
International Business Machines Corporation (Ibm)
Larsen & Toubro Limited
Mitsubishi Electric Corp.
Omron Corporation
Rockwell Automation Inc.
Schneider Electric SE
Siemens AG
TechnipFMC plc
Yokogawa Electric Corporation.
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