The global demand for SCADA Market is presumed to reach the market size of nearly USD 21.21 BN by 2030 from USD 10.8 BN in 2022 with a CAGR of 8.8% under the study period 2023 - 2030.
Supervisory control and data acquisition (SCADA) is an architecture system of hardware and software elements that allows organizations to control and operate industrial processes locally or at remote locations. This system is capable of direct interaction with devices such as sensors, valves, pumps, motors, and others through the human-machine interface (HMI). SCADA systems are extremely important for organizations since they help to maintain efficiency in real time and also optimizes data for smarter decisions.
Market Dynamics
The growing adoption of cloud-based SCADA systems in organizations, as these systems are efficient and help organizations for smarter decisions, is propelling the market growth. Additionally, rapid growth in big data and analytics have increased the efficiency of SCADA is further fueling the market growth. On the flip side, cyber threats to SCADA systems and high initial cost to setup SCADA system could challenge the market growth.
The report has been created by using crucial tools such as Porter's Five Forces Model, Market Attractiveness Analysis and Value Chain analysis to help businesses around the globe navigate opportunities and challenges in the rapidly evolving marketplace with clarity. These tools also serve the detailed information of each application/product segment in the global market of SCADA.
Market Segmentation
The study offers a decisive view of the global SCADA market by segmenting it in terms of offering and application. The report analyzes these subsets with respect to the regional segmentation. This research study will prepare marketers for the evolving needs of their customers.
By Offering
- Hardware
- Software
- Services
By Component
- Programmable Logic Controller (PLC)
- Remote Terminal Unit (RTU)
- Human-Machine Interface (HMI)
- Communication System
- Others
By End User
- Process Industries
- Discrete Manufacturing
- Utilitie
Regional Analysis
This section covers SCADA market for the regions North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Regional segmentation has been done based on the present and future trends in the global SCADA market along with the individual application segment across all the prominent region.
Global SCADA Market Share by Region (Representative Graph)
This research report also includes profiles of major companies operating in the global market. Some of the prominent players operating in the global SCADA market are Rockwell Automation (US), Schneider Electric (France), Emerson Electric (US), Siemens (Germany), and ABB (Switzerland). This section cover profiling of major players in terms of important aspects such as company overview, financial overview, business strategy, and recent developments undertaken during the forecast horizon.
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