Global SCADA Market to Grow at a CAGR of 6% During 2024-2032, Aided by the Increasing Adoption of Automation

SCADA (Supervisory Control and Data Acquisition) systems use computers, interfaces, and network communications for real-time management of processes, especially in remote locations. These systems improve efficiency in sectors like oil and gas, power, pharmaceuticals, and water treatment. The SCADA market benefits from its increasing use in the oil and gas industry. Additionally, more countries are using SCADA in grid automation to enhance power distribution and minimize transmission losses, leading manufacturers to invest in better infrastructure.

The popularity of SCADA systems is rising due to their ability to detect machinery faults and reduce defects. These systems are cost-effective, which boosts global demand and market growth. SCADA also improves power distribution by redirecting electricity from areas with excess capacity to those with shortages. In the oil and gas sector, SCADA systems enhance extraction output, streamline production, and minimize losses.

According to the Enerdata, the United States leads significantly with 820 Mt for crude oil in 2023, followed by Saudi Arabia at 542 Mt and Russia at 535 Mt. Other notable producers include Canada (289 Mt), Iraq (212 Mt), and China (209 Mt). The United Arab Emirates produced 192 Mt, while Iran, and Brazil each produced between 178 Mt. The data highlights the dominance of the U.S. and Middle Eastern countries in global oil production and use of SCADA system.

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Major oil-producing countries like the United States, Saudi Arabia, and Russia rely heavily on efficient and reliable control systems to manage large-scale production. SCADA systems are crucial for monitoring and optimizing oil extraction and refining processes, reducing operational costs, and minimizing downtime.

Market Breakup by Component, Architecture, End Use, and Region:

• Based on component, the market is divided into programmable logic controller (PLC), remote terminal units (RTU), human machine interface (HMI), communication systems, and others.

• The market by architecture is segmented into hardware, software, and services.

• Based on end use, the market can be divided into oil and gas, power, water and wastewater, manufacturing, chemicals and petrochemicals, pharmaceuticals, and others. 

• Region-wise, the SCADA market is divided into North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• SCADA systems are popularly used to manage real-time operations in remote areas, improving efficiency in sectors like oil and gas, power, pharmaceuticals, and water treatment.

• Demand for SCADA systems is rising due to their use in the oil and gas industry and grid automation, where they enhance power distribution and reduce transmission losses.

• SCADA systems detect machinery faults, reduce defects, and manage resources efficiently, which lowers operational costs.

• Major oil-producing countries, such as the U.S., Saudi Arabia, and Russia, use SCADA systems to optimize oil production, reduce downtime, and maintain efficiency in the energy sector.

Key Offerings of the Report:

• The EMR report gives an overview of the global SCADA market for the periods (2018-2023) and (2024-2032).

• The report also offers historical (2018-2023) and forecast (2024-2032) market information for the component, architecture, end use, and major regions of the market.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global SCADA market are ABB Ltd., Emerson Electric Co, Schneider Electric, Rockwell Automation, Inc., Siemens AG, and General Electric Company, amongst others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

Key Highlights of the Report

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*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.