Press release
SCADA Global Market Report 2025: Surging Growth Driven by Industrial Automation Needs and Integration with IoT
"Burgeoning Demand for Enhanced Operational Visibility and Regulatory Compliance to Bolster SCADA Market Growth in 2025
What Is The Projected Market Size Of The Global SCADA Global Market Report 2025 And Its Growth Rate?
The global SCADA market shows promising growth in recent years and is predicted to experience even stronger growth in the coming years:
•The market rose from $12.45 billion in 2024 to an estimated $13.22 billion in 2025, an impressive compound annual growth rate (CAGR) of 6.2%.
•Industrial automation needs, critical infrastructure monitoring, efficiency and productivity gains, and regulatory compliance requirements, contributed significantly to the burgeoning growth in the historic period.
•The SCADA market size is slated to surge to $19.91 billion by 2029, with a soaring CAGR of 10.8%.
•The forecast period is anticipated to witness rapid growth due to factors such as IoT and big data analytics integration, focus on cybersecurity measures, renewable energy expansion, smart city initiatives, and increasing demand for remote monitoring and control services.
What Is Driving The Growth In The SCADA Global Market Report 2025?
The growth in the SCADA market is largely propelled by the booming oil and gas sector. The oil and gas industry, encompassing everything from exploration and production to refining, distribution, and transportation of hydrocarbons, heavily relies on SCADA software for monitoring and controlling pipelines, as well as for remote production measurement. Besides providing greater visibility of the field, this software streamlines the process, thereby enhancing safety. According to a 2022 report by OPEC, the demand for primary energy is set to rise by 23% by 2045. Additionally, oil consumption is projected to increase from approximately 97 million barrels per day (mb/d) in 2021 to roughly 110 million barrels per day (mb/d) in 2045. Given this trend, the growth of the oil and gas sector is primed to drive the demand for the SCADA market further.
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Who Are the Key Players Driving SCADA Global Market Report 2025 Growth?
Leading companies propelling the SCADA market include:
•Hitachi Ltd.
•Siemens AG
•General Electric Company
•International Business Machines Corporation
•Cisco Systems Inc.
•Mitsubishi Electric Corporation
•Schneider Electric SE
•Honeywell International Inc.
•Toshiba Corporation
•ABB Ltd
•Fuji Electric Co Ltd.
•Eaton Corporation plc
•Emerson Electric Company
•Rockwell Automation Inc.
•Omron Corporation
•Yokogawa Electric Corporation
•Advantech Co Ltd.
•Parametric Technology Corporation.
•Schweitzer Engineering Laboratories Inc.
•B&R Industrial Automation GmbH
What Are The Key Trends In The SCADA Global Market Report 2025?
•Mobile SCADA applications integration
•Emphasis on open standards
•Renewable energy integration
•Increasing demand for remote monitoring and control
•Water and wastewater management initiatives
What Are The Segments Of The Global SCADA Global Market Report 2025?
The SCADA market has been divided into several segments for comprehensive analysis:
1) By Offering: Hardware, Software, Services
2) By Component: Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Human-Machine Interface (HMI), Communication System, Other Components
3) By Deployment: On-Premise, Cloud
4) By Application: Chemical And Pharmaceuticals, Food And Beverage, Manufacturing, Oil And Gas, Transportation, Utility, Water And Sewage
Which Region Leads The SCADA Global Market Report 2025?
Asia-Pacific was the largest region in the SCADA market in 2024. The SCADA market report includes several regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The SCADA Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the SCADA Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the SCADA Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall SCADA Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the SCADA Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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