
SCADA Market by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human-Machine Interface), End User (Process Industries, Discrete Manufacturing, Utilities) and Region - Global Forecast to 2027
Description
SCADA Market by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human-Machine Interface), End User (Process Industries, Discrete Manufacturing, Utilities) and Region - Global Forecast to 2027
The global SCADA market size is anticipated to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a CAGR of 7.8% from 2022 to 2027. Growing significance of real-time data for process analysis and predictive maintenance and rising adoption of IoT in manufacturing industries are key factors boosting the growth of SCADA market.
“RTU component to account for the largest share of the SCADA market in 2022.”
RTU is an electronic device and one of the core components of SCADA systems. It is used for collecting data, coding it into a transmittable format, and transferring it to the main system. Several RTUs are put in a SCADA system for this purpose. Deep-sea exploration and extraction, along with shale gas exploration, contribute to the rising demand for RTUs, as oil & gas is the major end-user industry of SCADA systems.
“Services segment to capture largest market share of SCADA in 2022”
s SCADA system requires regular maintenance and modification services that primarily include providing increased security and latest updates related to the SCADA system. At present, there is a high demand for application-specific modification services, which has resulted in an increased number of services, including SCADA system recommendations, regulatory compliance, re-commissioning or restart assistance, and legacy system support and migration services. Only a few countries in the market have defined regulations related to cybersecurity while deploying SCADA systems. Oil & gas is considered as one of the most-affected industries due to cyberthreats. Hence, cybersecurity services are the highest priority in this industry.
“Asia Pacific is expected to grow at the highest CAGR in the SCADA market during 2022-2027.”
Asia Pacific is expected to grow at the highest CAGR in the SCADA market during the forecast period. Growing population, rising standards of living, and developing economies have led to rising demand for energy. Automation is increasing in Asia Pacific because of the rising necessity for high-quality products, along with the increased production rates. The increasing energy demand would lead to the development of the energy sector, including oil & gas and power industries. This, in turn, would generate the demand for automation products, including SCADA systems, in the Asia Pacific region.
Break-up of the profiles of primary participants:
By Company Type – Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
By Designation – C-level Executives – 30%, Directors – 45%, and Others – 25%
By Region – North America - 25%, Europe – 20%, Asia Pacific – 45%, and RoW – 10%
Research Coverage:
The SCADA market has been segmented into offering, component, end user and region. The SCADA market has been studied for North America, Europe, Asia Pacific, and the Rest of the World (RoW).
Reasons to buy the report:
Illustrative segmentation, analysis, and forecast of the market based on offering, component, end user and region have been conducted to give an overall view of the SCADA market.
A value chain analysis has been performed to provide in-depth insights into the SCADA market.
The key drivers, restraints, opportunities, and challenges pertaining to the SCADA market have been detailed in this report.
The report includes a detailed competitive landscape of the market, along with key players, as well as an in-depth analysis of their revenues
The global SCADA market size is anticipated to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a CAGR of 7.8% from 2022 to 2027. Growing significance of real-time data for process analysis and predictive maintenance and rising adoption of IoT in manufacturing industries are key factors boosting the growth of SCADA market.
“RTU component to account for the largest share of the SCADA market in 2022.”
RTU is an electronic device and one of the core components of SCADA systems. It is used for collecting data, coding it into a transmittable format, and transferring it to the main system. Several RTUs are put in a SCADA system for this purpose. Deep-sea exploration and extraction, along with shale gas exploration, contribute to the rising demand for RTUs, as oil & gas is the major end-user industry of SCADA systems.
“Services segment to capture largest market share of SCADA in 2022”
s SCADA system requires regular maintenance and modification services that primarily include providing increased security and latest updates related to the SCADA system. At present, there is a high demand for application-specific modification services, which has resulted in an increased number of services, including SCADA system recommendations, regulatory compliance, re-commissioning or restart assistance, and legacy system support and migration services. Only a few countries in the market have defined regulations related to cybersecurity while deploying SCADA systems. Oil & gas is considered as one of the most-affected industries due to cyberthreats. Hence, cybersecurity services are the highest priority in this industry.
“Asia Pacific is expected to grow at the highest CAGR in the SCADA market during 2022-2027.”
Asia Pacific is expected to grow at the highest CAGR in the SCADA market during the forecast period. Growing population, rising standards of living, and developing economies have led to rising demand for energy. Automation is increasing in Asia Pacific because of the rising necessity for high-quality products, along with the increased production rates. The increasing energy demand would lead to the development of the energy sector, including oil & gas and power industries. This, in turn, would generate the demand for automation products, including SCADA systems, in the Asia Pacific region.
Break-up of the profiles of primary participants:
By Company Type – Tier 1 – 45%, Tier 2 – 35%, and Tier 3 – 20%
By Designation – C-level Executives – 30%, Directors – 45%, and Others – 25%
By Region – North America - 25%, Europe – 20%, Asia Pacific – 45%, and RoW – 10%
Research Coverage:
The SCADA market has been segmented into offering, component, end user and region. The SCADA market has been studied for North America, Europe, Asia Pacific, and the Rest of the World (RoW).
Reasons to buy the report:
Illustrative segmentation, analysis, and forecast of the market based on offering, component, end user and region have been conducted to give an overall view of the SCADA market.
A value chain analysis has been performed to provide in-depth insights into the SCADA market.
The key drivers, restraints, opportunities, and challenges pertaining to the SCADA market have been detailed in this report.
The report includes a detailed competitive landscape of the market, along with key players, as well as an in-depth analysis of their revenues
Table of Contents
246 Pages
- STUDY OBJECTIVES
- MARKET DEFINITION
- STUDY SCOPE
- CURRENCY CONSIDERED
- STAKEHOLDERS
- SUMMARY OF CHANGES
- INTRODUCTION
- MARKET SIZE ESTIMATION
- MARKET BREAKDOWN AND DATA TRIANGULATION
- RESEARCH ASSUMPTIONS AND LIMITATIONS
- RISK ASSESSMENT
- EXECUTIVE SUMMARY
- ASIA PACIFIC TO CREATE LUCRATIVE OPPORTUNITIES FOR PLAYERS IN SCADA MARKET
- SCADA MARKET, BY OFFERING
- SCADA MARKET, BY COMPONENT, 2018-2027
- SCADA MARKET, BY UTILITY
- SCADA MARKET, BY REGION
- INTRODUCTION
- MARKET DYNAMICS
- VALUE CHAIN ANALYSIS
- ECOSYSTEM
- PRICING ANALYSIS
- TRENDS/DISRUPTIONS IMPACTING CUSTOMER BUSINESS
- TECHNOLOGY ANALYSIS
- PORTER'S FIVE FORCES ANALYSIS
- KEY STAKEHOLDERS AND BUYING CRITERIA
- CASE STUDY ANALYSIS
- TRADE ANALYSIS
- PATENT ANALYSIS
- KEY CONFERENCES AND EVENTS, 2022-2023
- REGULATORY LANDSCAPE
- INTRODUCTION
- TYPES OF SCADA SYSTEMS
- DEPLOYMENT MODELS OF SCADA SYSTEMS
- CYBERSECURITY RISKS ASSOCIATED WITH SCADA SYSTEMS AND COUNTERMEASURES
- INTRODUCTION
- HIGH PERFORMANCE AND RAPID DATA COLLECTION CAPACITY
- LIVE AND SELF-SERVICE DASHBOARDS
- PREDICTIVE ANALYTICS IN FAULT DETECTION
- UNIVERSAL CONNECTIVITY AND IOT-READY OPERATIONS
- 2D AND 3D VISUALIZATION
- UP-TO-DATE ALARMING
- BUILT BY SUBJECT-MATTER EXPERTS
- MISSION-CRITICAL REDUNDANCY
- EXPANDABILITY AND SCALABILITY
- INTEGRATED SMS/E-MAIL ALERTS
- INTRODUCTION
- HARDWARE
- SOFTWARE
- SERVICES
- INTRODUCTION
- PROGRAMMABLE LOGIC CONTROLLER (PLC)
- REMOTE TERMINAL UNIT (RTU)
- HUMAN-MACHINE INTERFACE (HMI)
- COMMUNICATION SYSTEM
- OTHERS
- INTRODUCTION
- PROCESS INDUSTRIES
- DISCRETE MANUFACTURING
- UTILITIES
- INTRODUCTION
- NORTH AMERICA
- EUROPE
- ASIA PACIFIC
- REST OF THE WORLD
- INTRODUCTION
- KEY PLAYER STRATEGIES/RIGHT TO WIN
- REVENUE ANALYSIS OF TOP 5 COMPANIES
- MARKET SHARE ANALYSIS, 2021
- COMPANY EVALUATION QUADRANT, 2021
- SMALL AND MEDIUM-SIZED ENTERPRISES (SMES) EVALUATION QUADRANT, 2021
- SCADA MARKET: COMPANY FOOTPRINT
- COMPETITIVE BENCHMARKING
- COMPETITIVE SCENARIO
- KEY PLAYERS
- OTHER PLAYERS
- INTELLIGENT TRANSPORTATION SYSTEM (ITS) MARKET
- INTRODUCTION
- HARDWARE
- SOFTWARE
- SERVICES
- INSIGHTS OF INDUSTRY EXPERTS
- DISCUSSION GUIDE
- KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
- AVAILABLE CUSTOMIZATIONS
- RELATED REPORTS
- AUTHOR DETAILS
Pricing
Currency Rates
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