The SCADA Market to Be Worth $9.4 Billion by 2030-Exclusive Report by Meticulous Research®

According to a new market research report titled, 'SCADA Market by Type (Monolithic SCADA Systems, Distributed SCADA Systems, Networked SCADA Systems), Component (Hardware, Software, Services), Deployment Mode, and End-use Industry (Oil & Gas, Automotive, Food & Beverage) -Forecast to 2030, the SCADA market is projected to reach $9.4 billion by 2030, at a CAGR of 9.6% during the forecast period.
Supervisory control and data acquisition (SCADA) is a system of software and hardware elements that allows industrial organizations to control industrial processes locally or at remote locations, monitor, gather, and process real-time data, and directly interact with devices such as sensors, valves, pumps, motors, and more through human-machine interface (HMI) software. The basic SCADA architecture begins with programmable logic controllers (PLCs) or remote terminal units (RTUs). PLCs and RTUs are microcomputers that communicate with an array of objects, such as factory machines, HMIs, sensors, and end devices, and then route the information from those objects to computers with SCADA software. The SCADA software processes, distributes, and displays the data, helping operators and other employees analyze the data and make important decisions.

The growth of this market is driven by the rising adoption of automated technologies across Europe and Asia-Pacific, increasing adoption of Industry 5.0, growing demand for smart and digitized production processes, and government support & initiatives for industrial automation. Furthermore, the increasing trend of wireless sensor networks and the proliferation of smart factories are expected to create market growth opportunities during the forecast period.

However, high initial investment restrains the growth of this market. Also, the high risk of cyber-attacks is a major challenge for the players in this market. Furthermore, the high adoption of Industry 4.0 technologies and the high performance of human-machine interface (HMI) are key trends in the SCADA market.

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The SCADA market is segmented based on type {monolithic SCADA systems, distributed SCADA systems, networked SCADA systems, and other types}, component {hardware (human-machine interface (HMI), distribution control systems (DCS), remote terminal unit (RTU), programmable logic controller (PLC), process control systems (PCS), communication systems, and other hardware components), software, and services (professional services and managed services)}, deployment mode {on-premise deployments and cloud-based deployments}, end-use industry {oil & gas, automotive, food & beverage, semiconductors & electronics, IT & telecommunications, agriculture, pharmaceuticals and healthcare, transportation, manufacturing, and other end-use industries}, and geography. The study also evaluates industry competitors and analyzes the market at the regional and country levels.

Based on type, the SCADA market is segmented into monolithic SCADA systems, distributed SCADA systems, networked SCADA systems, and other types. In 2023, the monolithic SCADA systems segment is expected to account for the largest share of the SCADA market. The large market share of this segment is mainly attributed to its main functions, which are flagging processes in crises and monitoring of the sensors.

Based on component, the SCADA market is segmented into hardware, software, and services. Further hardware segment is sub-segmented into human-machine interface (HMI), distribution control systems (DCS), remote terminal unit (RTU), programmable logic controller (PLC), process control systems (PCS), communication systems, and other hardware components. The services segment is sub-segmented into professional services and managed services. In 2023, the hardware segment is expected to account for the largest share of the SCADA market. This segment's large market share is attributed to the high demand for HMI, PLC, and RTUs in industrial control & automation solutions for providing efficient results and control over the manufacturing processes, which is driving the demand for SCADA hardware. Additionally, Industry players are developing HMI and advanced PLCs in modern SCADA systems that can work with cloud-based SCADA solutions.

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Based on deployment mode, the SCADA market is segmented into on-premise deployments and cloud-based deployments. In 2023, the on-premise deployments segment is expected to account for the larger share of the SCADA market. The large market share of this segment is mainly attributed to the high acceptance of SCADA among large enterprises, the rising demand for comprehensive network security and control, the increasing deployment of SCADA solutions across on-premises organizations, and the growing demand for custom configurations to suit organizations' unique requirements.

Based on end-use industry, the SCADA market is segmented into oil & gas, automotive, food & beverage, semiconductors & electronics, IT & telecommunications, agriculture, pharmaceuticals and healthcare, transportation, manufacturing, and other end-use industries. In 2023, the oil & gas segment is expected to account for the largest share of the SCADA market. The large market share of this segment is mainly attributed to various factors, such as upstream, midstream, and downstream applications in the oil & gas industry are influenced by the SCADA market. SCADA application in the oil & gas sector is used to monitor and control physical components, telecommunication networks, and pipelines. SCADA system helps to monitor the leakages of the oils and gases from the pipelines, which reduces the loss. This improves the decision-making, troubleshooting, and performance efficiency of the oil & gas sector.

Based on geography, the SCADA market is segmented into Asia-Pacific, Europe, North America, Latin America, and the Middle East & Africa. In 2023, Asia-Pacific is expected to account for the largest share of the SCADA market, followed by Europe, North America, Latin America, and the Middle East & Africa. The Asia-Pacific region is expected to register the largest market share during the forecast period owing to increasing investment in smart factories, growing FDI in the industrial sector, increasing worker safety regulations, and rising demand for industrial control solutions in manufacturing companies.

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Key Players:
The key players operating in the SCADA market are Rockwell Automation, Inc. (U.S.), Siemens AG (Germany), Eaton Corporation plc (Ireland), Schneider Electric SE (France), ABB Ltd (Switzerland), Yokogawa Electric Corporation (Japan), General Electric Company (U.S.), Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Mitsubishi Electric Corporation (Japan), OMRON Corporation (Japan), Pilz GmbH & Co. KG (Germany), Survalent Technology Corporation (Canada), Valmet (Finland), and Hitachi, Ltd. (Japan).

Scope of the Report:
SCADA Market Assessment-by Type
• Monolithic SCADA Systems
• Distributed SCADA Systems
• Networked SCADA Systems
• Other Types
SCADA Market Assessment-by Component
• Hardware
o Human-machine Interface (HMI)
o Distribution Control Systems (DCS)
o Remote Terminal Unit (RTU)
o Programmable Logic Controller (PLC)
o Process Control Systems (PCS)
o Communication Systems
o Other Hardware Components
• Software
• Services
o Professional Services
o Managed Services
SCADA Market Assessment-by Deployment Mode
• On-premise Deployments
• Cloud-based Deployments
SCADA Market Assessment-by End-use Industry
• Oil & Gas
o Pipeline Monitoring and Controls
o Remote Equipment and Asset Monitoring
o Off-shore Platforms and On-shore Wells
o Other Applications
• Automotive
o System Monitoring
o Automated Controls
o Data Collection and Analysis
o Other Applications
• Food & Beverage
o Monitoring Control
o F&B Product Consistency
o Regulatory Compliance
o Other Applications
• Semiconductors & Electronics
o Smart Machinery Maintenance
o Process Traceability
o Elimination of Manual Operation
o Other Applications
• IT & Telecommunications
o Real-time Data Analysis
o Automation of Processes
o Network Security
o Other Applications
• Agriculture
o Greenhouse Automation
o Irrigation Control
o Livestock Farming
o Other Applications
• Pharmaceuticals and Healthcare
o Pharmaceutical Manufacturing Processes
o Hospital Facilities Management
o Other Applications
• Transportation
o Airports & Aviation
o Ports & Harbors
o Railway Systems
o Other Applications
• Manufacturing
o System Monitoring
o Automated Controls
o Data Collection and Analysis
o Process Automation and Control
o Other Applications
• Other End-use Industries

SCADA Market Assessment -by Geography
• North America
o U.S.
o Canada
• Asia-Pacific
o China
o Japan
o India
o South Korea
o Rest of Asia-Pacific
• Europe
o Germany
o U.K.
o France
o Italy
o Spain
o Rest of Europe
• Latin America
• Middle East & Africa

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