Global SCADA Market Report and Forecast 2024-2032

Global SCADA Market Outlook

The global SCADA market size reached almost USD 22.86 billion in 2023. The market is further expected to grow at a CAGR of 6% between 2024 and 2032 to reach a value of almost USD 38.58 billion by 2032.

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SCADA (Supervisory Control and Data Acquisition) is referred to as a control framework that utilises PCs, graphical user interfaces, and networked data communications for high-level process supervisory management, and to attain real-time information, particularly from topographically remote areas. It is used for enhancing efficiency and productivity across various sectors like oil and gas, power, pharmaceutical, water and wastewater treatment, chemical and petrochemical, automotive and electrical, and electronics.

The SCADA market demand is driven by increasing employment in the oil and gas sector globally. The rising utilisation of SCADA in grid automation ventures within several developing nations has compelled manufacturers to focus on improving their infrastructure with a definite end goal of power distribution and reducing transmission losses.

SCADA Market Segmentation

The market is segmented on the basis of component into:

• Programmable Logic Controller (PLC)

• Remote Terminal Units (RTU)

• Human Machine Interface (HMI)

• Communication Systems

• Others

The demand for Remote Terminal Units (RTUs), among other SCADA components, has been growing at a steady rate. RTUs are essential components in automation, particularly in sectors like energy, utilities, oil and gas, and manufacturing. As these sectors increasingly adopt automation to enhance efficiency and safety, the demand for RTUs rises correspondingly.

RTUs play a crucial role in gathering data from various sensors and devices in the field and transmitting it to the central SCADA system for monitoring and control. With the growing emphasis on data-driven decision-making in industrial operations, the need for RTUs has become more pronounced. The expansion of renewable energy sources, such as solar and wind farms, which often cover large, remote areas, necessitates the use of RTUs for efficient and reliable data collection and equipment control.

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On the basis of architecture, the market is divided into:

• Hardware

• Software

• Services

Amongst these, services account for the majority of the total SCADA market value. Services architecture in SCADA often follows a modular design, where different functionalities are divided into distinct modules or services. This approach allows for easier maintenance, upgrades, and scalability, as each module can be modified or replaced independently without affecting the entire system.

At the core of SCADA's services architecture is the communication layer that facilitates data exchange between various components, such as RTUs (Remote Terminal Units), PLCs (Programmable Logic Controllers), and the central SCADA server. This layer must be robust and secure to ensure reliable and timely data transmission. SCADA architectures include database services for storing and managing large volumes of process data. This service is crucial for historical data analysis, trend analysis, and generating reports.

On the basis of end uses, the SCADA market is segregated into:

• Oil and Gas

• Power  

• Water and Wastewater

• Manufacturing

• Chemicals and Petrochemicals

• Pharmaceuticals

• Others

Currently, the oil and gas segment presents a clear dominance in the market. SCADA systems are crucial for monitoring and controlling the vast network of pipelines in the oil and gas market. They track flow rates, pressure levels, and temperature, and detect leaks or anomalies in the pipeline network, ensuring efficient and safe transportation of oil and gas.

In drilling operations, SCADA systems are used to monitor and control drilling equipment, gather data from sensors, and ensure safety protocols are followed. This includes managing the speed, direction, and depth of drilling, as well as monitoring the conditions at the drill site. SCADA systems enable remote monitoring and control of production wells, helping in optimising the extraction of oil and gas. They can adjust valves, monitor flow rates, and manage the operation of pumps and other equipment at wellheads.

The report also covers the major regional markets for SCADA, which are as follows:

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

SCADA Market Analysis

The growing popularity of SCADA systems across the world can be attributed to the assistance provided by these systems in recognising faults within the machinery, and reducing potential defects. Apart from this, the SCADA framework is cost-effective, which helps stimulate the demand for these systems around the world, further aiding the SCADA market growth.

The market has benefitted from the ability of these systems to distribute power by re-steering electricity from surplus capacity regions to areas with a shortage of power supply. Also, the rising employment of SCADA systems in the oil and gas sector is expected to support the market growth of SCADA in the forecast period as they help in improving the extraction output, streamlining production, and reducing losses.

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Market Share by Region

The demand for SCADA (Supervisory Control and Data Acquisition) systems in North America is expected to witness an upward trajectory. There's a growing trend towards industrial automation and digitisation across various sectors such as energy, manufacturing, and utilities in the USA, which is boosting the United States SCADA market share. SCADA systems are integral to these processes as they enable efficient monitoring and control of industrial operations, enhancing productivity and reducing human error.

Much of North America's industrial infrastructure is ageing, necessitating upgrades or replacements. SCADA systems are often a key component of these upgrades, as they provide more efficient monitoring and control capabilities, which are essential for modernising these infrastructures.

Competitive Landscape

The report gives a detailed analysis of the following key players in the global SCADA market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

• ABB Ltd.

• Emerson Electric Co

• Schneider Electric

• Rockwell Automation, Inc.

• Siemens AG

• General Electric Company

• Others

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report