SCADA Market Research Report- Forecast to 2027

SCADA Market Research Report — by Component (Hardware and Solution & Services), Deployment Type (On-cloud, On-premise), End-Users (Oil and Gas, Energy & Power, Manufacturing, Telecommunication, and Chemicals) – Forecast Till 2027

ID: MRFR/SEM/1524-CR | February 2020 | Region: Global | 100 pages

SCADA Market Overview


According to the MRFR analysis, the SCADA market will have significant growth of 9.80% CAGR. The market value is projected to reach up to USD 21 Billion during the forecast period 2018-2023. The SCADA stands for Supervisory Control and Data Acquisition. Driving factors such as the growing adoption of solutions for industrial mobility are fuelling the market growth. Several industries have switched to automated processes to monitor the production flow. To protect the system from cyber threats, the industries are largely adopting the SCADA system.


The SCADA has streamlined the machines required for operational technology and machines technology for better cyber-security. The software segment will have a gradual growth in the upcoming years. Also, the investments by companies in SCADA systems are influencing the growth.


The significant reduction in the oil process is largely affecting the oil and gas industry. Also, the lower adoption rate of WNS can hamper SCADA Market growth. Even the outbreak of Coronavirus had a drastic impact. However, with several drawbacks and restraining factors, the market will regain its growth during the forecast period.


The Asia-Pacific region is projected to hold the largest SCADA Market Share during the forecast period. The presence of several companies and robust opportunities for development in countries like China, India, Japan, South Korea and are also increasing the market growth extensively. After that, North America will hold the second-largest share in the market.


COVID-19 Analysis


The Coronavirus disease had a huge impact on various industries across the world. The economies across the world faced huge economic loss due to lockdown due to measures. The disease also put a heavy strain upon the healthcare sector that crumbled the market extensively. As a result, the global SCADA market was also highly affected. The demand for the SCADA system went into huge decline and several companies faced losses. Also, the supply chain and production of components faced massive disruption. Hence, after the pandemic situation gets controlled, the market will regain its growth rapidly in the forthcoming years.


Market Dynamics


Market Drivers


The major driver for the Supervisory Control and Data Acquisition (SCADA market) is the rising adoption of real-time data that helps to enhance the analysis and further maintenance among several industries. Also, the rising demand for industrial robots to mitigate human errors for production purposes is boosting the market growth. The use of cloud computing and IIoT (Industrial Internet of Things) for optimization of cyber security will further enhance the SCADA Market growth as well. 


Restraints


The declination of the gas and oil prices is a major restraint for the SCADA Market. Due to this reason, the reduction in capital investments for infrastructure is evident. As a result, the SCADA will face a slower growth during the forecast period.


Opportunities


The increasing growth of big data analytics will improve the SCADA Market Growth extensively.  Additionally, the rapid development of wireless sensor networks will be beneficial. Through these wireless sensors, the task of monitoring the generators, compressors, tanks, etc. can be streamlined. Furthermore, the WSN will also help to lessen the required costs required for communication systems which will spike SCADA Market Trends.


Challenges


The major challenge in front of the SCADA Market Leaders is the complexities during the development of sensors. The SACADA systems require better network systems, advanced communication systems to protect from cyber-attacks. If any system faces a problem, then it can negatively affect the organization. It will cause leakage of oils and sewages that will adversely affect the market.


Cumulative Analysis


The supervisory control and data acquisition (SCADA) market is estimated to have substantial growth. The Compound Annual Growth Rate (CAGR) of 10.12%. According to the MRFR analysis, the global SCADA market will reach up to USD 13.2 Billion during the forecast period. Due to several supportive factors, the market will have a significant boost in the upcoming years.


Value Chain Analysis


With the use of several components of Supervisory Control and Data Acquisition (SCADA), the market value will significantly increase. It will provide several opportunities for the end-user industries such as oil and gas, telecommunication water, and waste management that will positively influence the market growth. With rising developments and investments by the key players, the market will provide several advantages.


Market Segmentations


The SCADA Market size are segmented into component, end-user, and deployment. The components of SCADA are segmented into services and solutions and hardware.


The solutions and services are segmented into Remote Maintenance, Data Management Software, Network System Protection, Building Management System, and others. The hardware sub-segments further bifurcated into Remote Terminal Unit 31, Human Machine Interface (HMI), Industrial Control Systems (ICS), Communication Systems, and others. It is evaluated that the software system will grow at a substantial rate in the near future.


On the basis of end-user, the SCADA Market is further segmented into Power and Energy, Telecommunication, Pharmaceutical, Waste and Water Management, Beverage and Food, Manufacturing, Chemical, and others.


On the basis of Deployment, the market of SCADA systems is bifurcated into On-Cloud and On-Premise.


Regional Analysis


Geographically, the SCADA Market Size is divided into North America, Asia-Pacific, Europe, and the Middle East, and Africa. As per reports, the Asia-Pacific region will hold the largest market share during the forecast period. This region is the fastest-growing production and technical hub that will promote the development of SCADA applications. The presence of countries such as Japan, China, India, South Korea, Taiwan, etc. is providing the best solutions for the SCADA applications.


Alongside, North America is estimated to hold a significant share in the forthcoming years. The availability of advanced solutions and rapid technological developments are crucial factors for enormous growth.


Competitive Landscape


Several key players are gradually expanding their SCADA software market share with various marketing strategies. With various tactics like mergers, acquisitions, partnerships, collaborations, etc. the key players are expanding their geographical foothold. Here are some important SCADA competitors-



  • Mitsubishi Electric Corporation

  • Emerson Electric Corporation

  • Rockwell Automation Siemens AG

  • Yokogawa Electric Corporation

  • Radiflow

  • Schneider Electric SE

  • Honeywell Automation

  • Omron Corporation

  • Checkpoint Software Technologies

  • General Electric


Recent Developments



  • Emerson Electric in 2020 announced the acquisition of an Italian country called Progea Group. The Progea Group is a crucial solution provider of plant analytics called HMI, IIoT, and SCADA technology.

  • In 2020, renowned player Rockwell Automation announced the acquisition of Avnet Data Security which is a provider of cybersecurity services. The various offered provided by the company such as research, training, delivery, etc. will expand the business portfolio of Rockwell.

  • Schneider Electric in 2020 introduced a newly developed IoT platform called “ExoStructure Power. It performs various functions such as optimization, digitization, etc. that enhance the system's reliability.


Report Overview


The SCADA Market Overview of the report is listed below-



  • Market Overview

  • COVID-19 Analysis

  • Dynamics of the Market

  • Value Chain Analysis

  • Market Segmentation

  • Regional Analysis

  • Competitive Analysis

  • Recent Development


Report Score and Segmentation



  • Study Period- 2018-2023

  • Base Year-2021

  • Forecast Period- 2018-2023

  • Historical Period-2019-2020


The report score highlights the various factors that promote the global SCADA market during the forecast period. The information provided in this report is gathered from secondary and primary sources. It also highlights the opportunities, challenges, strengths, and advantages of SCADA. The report also gives subtle information about the key players and recent developments by them.


Segmentation


By Deployment


  • On-Cloud

  • On-Premise


By Component


  • Software

  • Hardware

  • Remote Terminal Unit 31

  • Human Machine Interface (HMI)

  • Industrial Control Systems (ICS)

  • Communication Systems

  • Others

  • Services and Solutions

  • Remote Maintenance

  • Data Management Software

  • Network System Protection

  • Building Management System

  • Others


By End-Users


  • Power and Energy

  • Telecommunication

  • Pharmaceutical

  • Waste and Water Management

  • Beverage and Food

  • Manufacturing

  • Chemical

  • Others


By Region


  • Europe (France, Germany, Spain, U.K., Italy)

  • North America (Canada, Mexico, US)

  • Asia-Pacific (India, Japan, China, Taiwan, South Korea, Others)

  • The Middle East and Africa (South Africa, GCC and Rest)



Report Scope:
Report Attribute/Metric Details
  Market Size   Significant Value
  CAGR   9.80%
  Base Year   2019
  Forecast Period   2020-2027
  Historical Data   2018
  Forecast Units    Value (USD Million)
  Report Coverage   Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
  Segments Covered   Component, Deployment Type, End-Users
  Geographies Covered   North America, Europe, Asia-Pacific, and Rest of the World (RoW)
  Key Vendors   Schneider Electric SE, Mitsubishi Electric Corporation, Omron Corporation, Rockwell Automation, Siemens AG, Checkpoint Software Technologies Ltd., Radiflow, General Electric, Yokogawa Electric Corporation, Emerson Electric Corporation, and Honeywell Automation
  Key Market Opportunities   Rising demand for SCADA systems in oil & gas industry in emerging markets for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market.
  Key Market Drivers

  • The increasing demand for industrial mobility solutions.
  • Graphic display, trending, alarm, and data storing features.


  • Speak to Analyst Ask for Customization

    Frequently Asked Questions (FAQ) :


    MRFR analysis reveals that the SCADA market can exhibit a rapid expansion in the review period (2018 to 2023).

    Omron Corporation, Siemens AG, Rockwell Automation, Radiflow, and Checkpoint Software Technologies are some renowned companies of the SCADA market.

    Cloud is the highly favored deployment platform for SCADA. SCADA can also be deployed on-premise.

    A surge in demand for industrial mobility solutions can prompt the growth of the global market of SCADA.

    An escalation in deployment of SCADA across North America can cause the market to boom.

    Market dynamics and role of market players in the expansion of SCADA market are detailed in the report.

    SCADA developers are investing in products that have greater productivity. This can favor the market.

    The Global SCADA market is characterized by the presence of many global, regional, and local providers.


    According to MRFR analysis, General Electric is leading the global SCADA Market. General Electric is a technology and financial services company which develops and manufactures products for the generation, transmission, distribution, control, and utilization of electricity. The company is headquartered in the United States and has a global presence in EMEA and Asia Pacific region with an employee strength of 295,000 employees. The company has operations in more than 180 countries. The company benefits hugely from its skilled workforce and a strong customer base to achieve a global reach in the market. Various acquisitions and strategic partnerships have helped the company to use its technical expertise to stay ahead in the competitive market. The company plans to enhance its product portfolio and emphasize on sales to its existing customers in energy, aviation, and oil-and-gas businesses and obtain new customers in various other sectors to maintain its leading market position.


    Emersion Electric has successfully occupied the second position in the global SCADA market. Emerson Electric Corporation is a leading manufacturer of process control systems, valves, and analytical instruments. The company operates through following reportable segments: process management, industrial automation, climate technologies, and commercial & residential solutions. The company is headquartered in the United States, and has a global presence in countries like China, India, Latin America, and South East Asia region and has an employee strength of 76,500 employees. The company is focused on driving growth from industries such as Midstream Oil and Gas, Chemicals and Refining, Power and Life Sciences. Also, the company is investing in research and development of SCADA systems and enhancing its corporate network by expanding its business into untapped areas to maintain its market position.


    Siemens AG has occupied the third position in the global SCADA market. Siemens AG is headquartered in Germany and engages in the production and supply of systems for power generation, power transmission, and medical diagnosis. Geographically, the company has their business operations Europe, CIS, Africa and the Middle East; the Americas, and Asia and Australia. The company has an employee strength of 372,000 and is strongly placed in global SCADA market. The major advantage for Siemens AG is its strong product portfolio, skilled workforce, diversified revenue and strong technology-driven services. The company follows organic as well as inorganic growth strategy. With high investment in its research & development, it is continuously expanding its product portfolio which thereby supporting its market growth. The company also focuses on its capability upscaling and mergers & acquisitions to strengthen its expertise in technology and maintain its market position.


    Schneider Electric has occupied fourth position in the global SCADA market. Schneider Electric is a global provider of energy management and automation solutions. The company is headquartered in Rueil-Malmaison, France and has an employee strength of 153,124 with a skilled workforce. The key advantage of Schneider Electric is its strong global presence and strong brand value. The company strongly focuses on organic growth strategy by providing world-class software and services to its customers to gain a strong employee base. The company plans to accelerate the growth of their profitable businesses by improvising their systems and equipment. Digitization forms the core of the company’s key strategy and the company aims to support digital transformation of its customers and partners. The company is investing in research and development of SCADA systems to maintain its market position.


    Honeywell Automation has occupied the fifth position in the global SCADA market. Honeywell Automation offers wide range of products & services including aerospace products & services, turbochargers, energy efficient product solutions for home and businesses, specialty chemicals, and process technology for refining & petrochemicals. The company is headquartered in the U.S. and operates from offices located in India, China, North America, Canada, Germany, and Japan. The company heavily invests in research and development of SCADA systems. The company has a large customer base and a diversified product portfolio. Honeywell primarily focuses on an organic growth strategy with more focus on innovation. The company also aims to tap into the new geographical areas to increase its global presence and customer base to maintain its market position.