What is Global Supervisory Control and Data Acquisition (SCADA) Market?
The Global Supervisory Control and Data Acquisition (SCADA) Market is a vast and complex field that plays a crucial role in the modern world. SCADA is a system of software and hardware elements that allows industries to control processes locally or at remote locations, monitor and gather data in real time, and directly interact with devices such as sensors, valves, pumps, motors, and more through human-machine interface (HMI) software. SCADA systems are used in various industries including telecommunications, water and waste control, energy, oil and gas refining, and transportation. The global SCADA market is a dynamic and rapidly evolving field, with new technologies and applications continually emerging.
Hardware, Software, Services in the Global Supervisory Control and Data Acquisition (SCADA) Market:
The Global SCADA Market is segmented into hardware, software, and services. Hardware components include Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Human Machine Interface (HMI), and communication systems. Software components are responsible for data collection, storage, and processing. They also provide an interface for the operators to monitor and control the processes. Services include consulting, installation, and maintenance. Each of these segments plays a vital role in the functioning of a SCADA system and contributes to the overall growth of the global SCADA market.
Large Enterprises, SMEs in the Global Supervisory Control and Data Acquisition (SCADA) Market:
The Global SCADA Market finds its application in various areas including Large Enterprises and SMEs. Large Enterprises use SCADA systems for complex and large-scale industrial processes where centralized control and data acquisition is necessary. On the other hand, SMEs use SCADA systems to automate their processes, reduce labor costs, and increase efficiency. The use of SCADA systems in these areas not only improves operational efficiency but also provides real-time data and control, which is crucial for decision making and problem-solving.
Global Supervisory Control and Data Acquisition (SCADA) Market Outlook:
Looking at the market outlook, the Global SCADA Market was valued at a significant US$ 10880 million in 2023. It is expected to reach an impressive US$ 13860 million by 2030, growing at a steady CAGR of 3.4% during the forecast period from 2024 to 2030. The market is dominated by the top five manufacturers who hold a share of about 35%. In terms of product segmentation, Hardware holds the largest share, accounting for over 45% of the market.
Report Metric | Details |
Report Name | Supervisory Control and Data Acquisition (SCADA) Market |
Accounted market size in 2023 | US$ 10880 million |
Forecasted market size in 2030 | US$ 13860 million |
CAGR | 3.4% |
Base Year | 2023 |
Forecasted years | 2024 - 2030 |
Segment by Type |
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Segment by Application |
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By Region |
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By Company | InduSoft, GE Digital, SIMATIC WinCC, Softpro, AdvancedHMI, ASTRA, atvise, B-Scada, CE View |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |