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The SCADA Market size is estimated to grow by USD 4.27 billion between 2023 and 2028 and accelerate at a CAGR of 7.34%. The market's growth is influenced by several factors, including the rising adoption in the manufacturing industry, the growing significance of smart grid systems, and the need to minimize energy losses in metal, mining, and mineral industries. Additionally, advancements in technology and increasing investments in sustainable energy solutions further drive market expansion. The emphasis on reducing operational costs and improving efficiency in these sectors also contributes to the demand for innovative solutions. As industries seek to enhance productivity and sustainability, the adoption of advanced systems and technologies is expected to continue growing, supporting overall market growth.
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The market encompasses hardware, software, and services for managing and monitoring industrial processes in real time. Communication system based on cloud computing technology play a crucial role in systems, enabling remote access and real-time data exchange. Investment costs for SCADA solutions are influenced by the complexity of the systems required in the power industry and pharmaceutical industries. Cyberattacks pose a significant threat to systems, necessitating robust security measures. Wireless sensor networks and cloud-based solutions are increasingly being adopted to enhance operational technology and machine technology in Industry 4.0 solutions. Orca Security and Temasek are among the entities investing in advanced graphical user interfaces and networked data communications to improve SCADA system efficiency. These systems are essential for effective industrial automation and control in various sectors, including the power industry and pharmaceutical industry. These systems facilitate the integration of operational technology and machine technology, enabling seamless communication and data exchange.
The global growth of the supervisory control and data acquisition market is being driven by its increasing adoption in the manufacturing industry. The global market is experiencing significant growth due to the widespread adoption of Supervisory Control and Data Acquisition (SCADA) systems in manufacturing industries. Hardware, software, and services are key components of systems, enabling real-time data acquisition, communication, and control. Communication systems, including wireless sensor networks and cloud-based solutions, facilitate seamless data exchange between field devices and control rooms.
Moreover, investment costs for systems are recouped through improved production efficiency, enhanced quality control processes, and optimized resource utilization. However, cyberattacks pose a significant threat to these systems, necessitating robust security measures such as those provided by Orca Security. Cloud computing technology, Industry 4.0 initiatives, artificial intelligence (AI), and machine learning (ML) are transforming systems, enabling advanced data visualization, warehouse management, and industrial mobility. The adoption of mobile SCADA can help to reduce this complexity and improve the manufacturing process, which is expected to drive the growth of the supervisory control and data acquisition (SCADA) market in the forecast period. Intelligent Remote Terminal Units (RTU) integrate seamlessly into these advanced systems, facilitating real-time data acquisition, remote monitoring, and control across industrial environments, enhancing operational efficiency and security measures against cyber threats.
End User
The oil and gas segment is estimated to witness significant growth during the forecast period. The market encompasses the sales of Hardware, Software, and Services for Supervisory Control and Data Acquisition systems. These systems are integral to various industries, including Power and Pharmaceuticals, and facilitate communication systems for real-time data acquisition and Industrial mobility. Oil and gas was the largest segment and was valued at USD 2 billion in 2018. Cloud computing technology plays a significant role in the market's growth, with cloud-based solutions offering cost-effective alternatives to traditional systems. Communication systems in SCADA are essential for networked data communications, ensuring seamless data transfer between Field devices and Graphical User Interfaces. Hence, such factors are fuelling the growth of this segment which in turn drives the market during the forecast period.
APAC is estimated to contribute 47% to the growth of the global market during the forecast period. The market is characterized by the implementation of automated systems to manage and monitor industrial processes. These systems enable real-time data collection and analysis, facilitating efficient and effective operations. The integration of advanced technologies such as artificial intelligence and machine learning further enhances the capabilities of SCADA systems, allowing for predictive maintenance and optimized performance. The market for SCADA solutions is expected to grow significantly due to the increasing demand for automation in various industries, including energy and utilities, water and wastewater, and manufacturing. The adoption of these systems is driven by the need to improve operational efficiency, reduce downtime, and ensure safety and security in industrial processes. Hence, such factors are driving the market in APAC during the forecast period.
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The Market is fragmented in nature. Some significant players include:
ABB Ltd: The company offers SCADA such as Compact HMI SCADA system.
The research report also includes detailed analyses of the competitive landscape of the market and information about 15 market companies, including:
ALSTOM SA, Capula Ltd., Check Point Software Technologies Ltd., eLynx Technologies LLC, Emerson Electric Co., General Electric Co., Hitachi Ltd., Honeywell International Inc., Inductive Automation LLC, JFE Holdings Inc., Mitsubishi Electric Corp., OMRON Corp., Ovak Technologies LLC, Radiflow, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yokogawa Electric Corp.
The market research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in "USD Billion" for the period 2024 to 2028, as well as historical data from 2018 to 2022 for the following segments
The market is a significant sector in the industrial automation industry. This technology is crucial for managing and monitoring industrial processes in various sectors such as power, water and wastewater, oil and gas, and manufacturing. The primary function of SCADA systems is to ensure the smooth operation of industrial processes by collecting data in real time and providing operators with critical information for making informed decisions. The market landscape depends on Remote terminal unit (RTU), Programmable logic controller (PLC), Communication systems, and Compact Secondary Substations (CSS). The growing demand for automation and remote monitoring in industries is driving the growth of the market. Additionally, the integration of advanced technologies like IoT, PCs, Industrial IoT, AI, and ML in SCADA systems is enhancing their capabilities and making them more efficient.
Moreover, the market for SCADA is expected to grow at a steady pace due to the increasing adoption of these systems in various industries. SCADA systems are essential for ensuring the reliability and efficiency of industrial processes. They enable operators to monitor and control processes remotely, reducing the need for on-site intervention and minimizing downtime. The market is expected to continue growing as industries seek to optimize their operations and improve their overall performance. In conclusion, the market is a vital segment of the industrial automation industry, providing solutions for managing and monitoring industrial processes in various sectors. The growing demand for automation and the integration of advanced technologies are driving the growth of the market, making it an essential investment for industries seeking to optimize their operations and improve overall performance.
Furthermore, the market is experiencing significant growth driven by advancements in automation technologies and the increasing integration of the Internet of Things (IoT) and Industrial Internet of Things (IIoT). SCADA systems, comprising human machine interface (HMI), remote terminal units (RTU), programmable logic controllers (PLC), and communication systems, are essential for real-time monitoring and control in various industries. One of the key sectors driving this market is the water and wastewater treatment industry, where SCADA systems enhance field visibility and ensure the efficient operation of tanks, compressors, generators, and separators. The chemical and petrochemical industry also relies heavily on SCADA for safe and efficient processes, while the food and beverage segment benefits from improved food safety and automation. With the rise of cyber threats, the operational technology security market is becoming increasingly important, ensuring that SCADA systems are protected from vulnerabilities. The adoption of wireless sensor networks (WSN) further enhances the capabilities of SCADA by providing seamless data collection and transmission.
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Market Scope |
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Report Coverage |
Details |
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Page number |
192 |
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Base year |
2023 |
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Historic period |
2018 - 2022 |
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Forecast period |
2024-2028 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 7.34% |
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Market Growth 2024-2028 |
USD 4.27 billion |
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Market structure |
Fragmented |
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YoY growth 2023-2024(%) |
6.7 |
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Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
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Performing market contribution |
APAC at 47% |
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Key countries |
US, China, Japan, Germany, and France |
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Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Key companies profiled |
ABB Ltd., ALSTOM SA, Capula Ltd., Check Point Software Technologies Ltd., eLynx Technologies LLC, Emerson Electric Co., General Electric Co., Hitachi Ltd., Honeywell International Inc., Inductive Automation LLC, JFE Holdings Inc., Mitsubishi Electric Corp., OMRON Corp., Ovak Technologies LLC, Radiflow, Rockwell Automation Inc., Schneider Electric SE, Siemens AG, Toshiba Corp., and Yokogawa Electric Corp. |
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Market dynamics |
Parent market analysis, market growth analysis, market research and growth, market growth and forecasting, Market forecasting, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
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1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
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