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SCADA Global Market Size, Share, Growth, Trends, By Offering, By Component, By Application, Regional Outlook, and Forecast 2023-2032 | Rockwell Automation Inc., Schneider Electric SE, Emerson Electric Co., Siemens AG, ABB Ltd.
SCADA Market Size, Growth Rate, And Forecast
The global SCADA market size is expected to grow from $11.06 billion in 2022 to $11.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global SCADA market size is expected to grow to $16.02 billion in 2027 at a CAGR of 7.7%.
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SCADA Market Drivers
The growth of the oil and gas sector is expected to propel the growth of the SCADA market. The oil and gas sector refers to the sector of industry focused on the exploration, observations, development, drilling, production, extraction, refining, distribution, and transportation of hydrocarbons from the oil rigs to the consumers. In the oil and gas industry, SCADA software monitors and controls pipelines, and measures gas well production remotely.
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SCADA Market Segments
• By Offering: Hardware, Software, Services
• By Component: Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Human-Machine Interface (HMI), Communication System, Other Components
• By Deployment: On-Premise, Cloud
• By Application: Chemical And Pharmaceuticals, Food And Beverage, Manufacturing, Oil And Gas, Transportation, Utility, Water And Sewage
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the SCADA market.
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SCADA Market Key Players
Major competitors in the SCADA market are Rockwell Automation Inc., Schneider Electric SE, Emerson Electric Co., Siemens AG, ABB Ltd., Mitsubishi Electric Corporation, Yokogawa Electric Corporation, Omron Corporation, Hitachi Ltd., Honeywell International Inc., Toshiba Corporation, Fuji Electric Co. Ltd., Elynx Technologies LLC, Schweitzer Engineering Laboratories Inc., and Inductive Automation LLC.
The Business Research Company's "Global SCADA Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.
The Table of Content for The SCADA Market Include:
1. Executive Summary
2. SCADA Market Characteristics
3. SCADA Market Trends And Strategies
4. SCADA Market - Macro Economic Scenario
5. SCADA Market Size And Growth
.....
26. Africa SCADA Market
27. SCADA Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The SCADA Market
29. SCADA Market Future Outlook and Potential Analysis
30. Appendix
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