Supervisory Control and Data Acquisition (SCADA) Systems Market Size, Share Global Analysis Report, 2023 – 2030

Industry Insights

[217+ Pages Report] According to the report published by Facts & Factors, the global supervisory control and data acquisition (SCADA) systems market size was evaluated at $13.5 billion in 2022 and is slated to hit $22.11 billion by the end of 2030 with a CAGR of nearly 11.1% between 2023 and 2030.

The market report is an indispensable guide on growth factors, challenges, restraints, and opportunities in the global marketspace. The supervisory control and data acquisition systems industry report covers the geographical market along with a comprehensive competitive landscape analysis. It also includes cash flow analysis, profit ratio analysis, market basket analysis, market attractiveness analysis, PESTEL analysis, SWOT analysis, Porter’s five force analysis, and value chain analysis. Additionally, the supervisory control and data acquisition systems market report explores the investor and stakeholder space to help companies make data-driven decisions.

Market Overview

SCADA stands for supervisory control and data acquisition. It is used for monitoring and controlling field devices at distant locations. The supervisory control and data acquisition (SCADA) systems gather and process real-time data, thereby helping in the preservation of efficiency. Reportedly, SCADA comprises computers, sensors, programmable logic controllers, networked data communications, and a graphical user interface.

Key Insights

• As per the analysis shared by our research analyst, the global supervisory control and data acquisition (SCADA) systems market is projected to expand annually at the annual growth rate of around 11.1% over the forecast timespan (2023-2030)
• In terms of revenue, the global supervisory control and data acquisition (SCADA) systems market size was evaluated at nearly $13.5 billion in 2022 and is expected to reach $22.11 billion by 2030.
• The global supervisory control and data acquisition systems market is anticipated to record massive growth over the forecast period owing to the massive demand for mobile SCADA systems in the manufacturing and processing sectors.
• Based on the component, the remote terminal units segment is predicted to contribute majorly towards the global market share over the forecast timeline.
  • Based on application, the oil & gas segment is slated to dominate the segmental surge over the forecast period.
• Region-wise, the Middle East and Africa supervisory control and data acquisition (SCADA) systems market is projected to register the highest CAGR during the assessment period.

Industry Growth Factors

• Rapid industrialization across the globe will drive the market trends

Growing urbanization witnessed in emerging economies and the blending of big data analytics with cloud computing will steer the global supervisory control and data acquisition systems market trends. Apart from this, the Industry 4.0 revolution will contribute majorly towards the expansion of the market. An increase in the number of smart buildings along with its integration of new technologies will embellish the global market size. Massive demand for mobile SCADA systems in manufacturing and processing sectors will prompt global market expansion.

Furthermore, the large-scale use of cloud computing has favorably leveraged the growth of the supervisory control and data acquisition (SCADA) market. In addition to this, the humungous use of SCADA in the oil & gas, telecom, energy & utility, and telecom & transportation sectors will embellish the scaling up of the global market.

Restraints

• Growing initial investment costs can put brakes on the global industry surge

Massive costs of investing in the insertion and sustenance of SCADA tools will put brakes on the supervisory control and data acquisition (SCADA) systems industry surge. In addition to this, a rise in the number of cyber-terrorism in industrial networking locations will further decimate the expansion of the industry in the near future.

Opportunities

• Technological innovations in wireless networks can create new growth dimensions for the global market

Breakthroughs in wireless sensor networking are predicted to open new growth avenues for the global supervisory control and data acquisition (SCADA) systems market in the upcoming years. Massive demand for SCADA in the oil & gas sector for automating & regulating production methods will create new facets of growth for the global market.

Challenges

• Growing Security issues can be a challenging task for the global industry expansion

Security concerns related to SCADA systems can put a big challenge in the growth of the global supervisory control and data acquisition (SCADA) systems industry in the upcoming years.

Segmentation Analysis

The global supervisory control and data acquisition (SCADA) systems market is sectored into the component, application, and region.

In terms of component, the global supervisory control and data acquisition systems market is sectored into remote terminal units, human-machine interface, and programmable logic controller segments. Furthermore, the remote terminal units segment, which accrued over 50% of the global market share in 2022, is predicted to retain its dominant status in the projected timeline.

The segmental growth in the forecasting years can be subject to an increase in the penetration of remote terminal units in a plethora of industrial processes including circulation pumps and pressure tests for enhancing the operational efficiency.

On the basis of the application, the global supervisory control and data acquisition systems market is divided into food & beverages, chemical & pharmaceuticals, water & sewage, manufacturing, transportation, oil & gas, and utility segments. Moreover, the oil & gas segment, which accumulated a major share of the global market in 2022, is forecast to dominate the application space over the forecast timeline. The growth of the segment over 2023-2030 can be subject to escalating demand for supervisory control and data acquisition systems in the oil & gas sector as it facilitates quick decision-making and profit optimization.

Recent Breakthroughs:

• In the second half of 2020, Emerson Electric Company, a U.S.-based car manufacturing firm, acquired Progea Group. The move was aimed at improving the analytics ability of the latter along with enhancing the industrial visualization abilities of the embedded software & control portfolio. The initiative will contribute majorly towards the growth of the supervisory control and data acquisition (SCADA) systems market across the globe.
• In the third quarter of 2020, Schneider Electric, an automotive manufacturing firm, created a next-gen EcoStruxure Power. The new system helps in improving, digitizing, and simplifying electric distribution systems for making them more efficient in their operations, thereby boosting global business trends.

Report Scope

Supervisory Control and Data Acquisition (SCADA) Systems Market: Regional Insights

• North American Supervisory Control and Data Acquisition (SCADA) Systems market to establish a numero uno position over the forecast timeline

North America, which garnered more than 60% of the global supervisory control and data acquisition systems market revenue in 2022, is anticipated to record noteworthy growth during the projected timeframe. The regional market expansion over 2023-2030 can be owing to large-scale demand for supervisory control and data acquisition in the various industries in the countries such as Canada and the U.S.

Apart from this, the presence of major tech players such as IBM and Oracle in the U.S. will embellish the regional market trends. Apart from this, the rise in acceptance of automation systems in utilities in North America will scale up the regional industry expansion.

Furthermore, the supervisory control and data acquisition systems industry in the Middle East and Africa is predicted to record the fastest CAGR in the anticipated timeline. The factors that are likely to impact the growth of the regional industry are the rise in the allocation of funds for smart city projects in the countries of the Middle East. Apart from this, supportive government policies and guidelines will favorably leverage the regional industry surge in the coming years.

Competitive Space

• Emerson Electric Co. 
• Schneider Electric S.E. 
• Hitachi Ltd. 
• IBM Corporation 
• ABB Ltd. 
• Rockwell Automation Inc. 
• JFE Engineering Corporation 
• Honeywell International Inc. 
• Alstom SA 
• Mitsubishi Electric Corporation 
• IBM Corporation 
• Yokogawa Electric Corporation 
• Omron Corporation.

The global supervisory control and data acquisition (SCADA) systems market is segmented as follows:

By Component

• Human-Machine Interface
• Remote Terminal Units
• Programmable Logic Controller

By Application

• Chemical & Pharmaceuticals
• Manufacturing
• Transportation
• Oil & Gas
• Food & Beverages
• Water & Sewage
• Utility

By Regional Segment Analysis

• North America
  • The U.S.
  • Canada
  • Mexico
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • Australia
  • Southeast Asia
  • Rest of Asia Pacific
• The Middle East & Africa
  • Saudi Arabia
  • UAE
  • Egypt
  • Kuwait
  • South Africa
  • Rest of the Middle East & Africa
• Latin America
  • Brazil
  • Argentina
  • Rest of Latin America