About SCADA
Supervisory control and data acquisition (SCADA) is an automation control system architecture that uses computers, networked data communications and graphical user interfaces for controlling industrial processes, monitoring, gathering & analyzing real-time data, and to directly interact with devices such as sensors, and valves. SCADA systems are used to control and monitor physical processes, such as the transmission of electricity, transportation of gas and oil in pipelines, water distribution, traffic lights, etc. To increase productivity, efficiency, agility, quality, and profitability with reduced cost and stay competitive, most of the firms are using SCADA software to operate faster and leaner.
Attributes | Details |
---|
Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Billion) |
CAGR | 6.8% |
The market is seeing moderate market players, by seeing huge growth in this market the key leading vendors are highly focusing on production technologies, efficiency enhancement, and product life. This market has various growth opportunities that leading players capture via tracking the ongoing process enhancement and huge investment in market growth strategies. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global SCADA market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
ABB (Switzerland), Schneider Electric SE (France), Yokogawa Electric Corporation (Japan), Honeywell International Inc. (United States), Emerson Electric Co. (United States), General Electric Co. (United States), Siemens AG (Germany), Larsen & Toubro (India), Rockwell Automation Inc. (United States) and Omron Corporation (Japan) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are M.B. Control & Systems Pvt. Ltd (India), Iconics Inc. (United States), Wonderware Benelux (Netherland), Inductive Automation (United States) and AVEVA (United Kingdom).
Segmentation Overview
AMA Research has segmented the market of Global SCADA market by Type (Monolithic/Stand Alone, Distributed, Networked and Web-based), Application (Industrial Processes, Infrastructure Processes and Facility Processes) and Region.
On the basis of geography, the market of SCADA has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Alarm System, the sub-segment i.e. System-defined Alarm will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Enterprise Size, the sub-segment i.e. Large Enterprises will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Architecture, the sub-segment i.e. Hardware will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Technology, the sub-segment i.e. Wired will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Oil & Gas will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Functions, the sub-segment i.e. Data Acquisitions will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Component, the sub-segment i.e. Master Terminal Unit (MTU) will boost the SCADA market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
SCADA Data on Ethernet and IP owing to Reduced Capital Costs and Standardization, SQL and Web-based Applications into SCADA Software and SCADA with Rapid Application Development (RAD) Capabilities
Market Growth Drivers:
Increasing security demand and critical infrastructure protection from different industry verticals and rapid industrial and infrastructure development across the globe, have bolstered the demand of the market., Need for Maximising Return on Assets through Operational Excellence and Utilization of Automation Results in Reduced Labor Costs and Errors
Challenges:
Vulnerable to Cyber Attacks using Cloud Computing through SCADA Applications and Public Health and Safety Concerns
Restraints:
Threat of Unauthorized Access to Control Software by Human Access or Virus Infections, Lack of Concern about Security and Authentication in Design, Deployment, and Operation and Threat of Packet Access to the Network Segments Hosting Devices
Opportunities:
Technological Advancements such as Ethernet Switching for Handling SCADA/DCS Packets, SCADA Systems with Available Power of Cloud Computing and Advanced-Data Analytics, Machine Learning, IoT, and Other Related Technologies
Market Leaders and their expansionary development strategies
In November 2023, Hitachi Energy partnered with Microsoft to develop cloud-based solutions for digital grids. This collaboration leverages Microsoft Azure's scalability and security to offer Power SCADA systems with enhanced data analytics and remote monitoring capabilities.
In September 2023, Rockwell Automation unveiled its FactoryTalk SCADA 14.0 software, featuring enhanced integration with industrial IoT devices and improved visualization tools. This update empowers power grid operators with better situational awareness and data-driven decision-making.
The International Society of Automation (ISA) has formalized SCADA security requirements with a working group, WG4. WG4 deals specifically with unique technical requirements, measurements, and other features required to evaluate and assure security resilience and performance of industrial automation and control systems devices.
Key Target Audience
SCADA Manufacturers, Software Developers, Petrochemical Companies, Power and Energy Companies, Government & Public Utility Sectors, End-Use Industry Players and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.