SCADA Market Size By Component (Human-Machine Interface [HMI], Programmable Logic Controller [PLC], Remote Terminal Units [RTU]), By Application (Chemical & Pharmaceuticals, Food & Beverage, Manufacturing, Oil & Gas, Transportation, Utility, Water & Sewage), Industry Analysis Report, Regional Outlook, Growth Potential, Competitive Market Share & Forecast, 2020 – 2026

Published Date: Jan 2020  |  Report ID: GMI1925  |  Authors: Ankita Bhutani, Preeti Wadhwani

Report Format: PDF   |   Pages: 160   |   Base Year: 2019




Summary Table of Contents Industry Coverage Methodology

Industry Trends

SCADA Market size exceeded USD 30 billion in 2019 and is estimated to grow at a CAGR of over 7.5% between 2020 and 2026. The market growth is attributed to increasing adoption of cloud-based SCADA and infrastructural development such as smart cities & transportation.
 

Additionally, the increasing adoption of industry 4.0 technologies including Industrial IoT (IIoT) and cloud is driving SCADA industry growth. Several industries are deploying this technology to control machines across sites and collect data about their operations, in order to enhance efficiency & productivity. The emergence of wireless sensor networks and their adoption in SCADA are further providing market opportunities.
 

SCADA Market

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The growing manufacturing sector, particularly in North America and Asia Pacific, is supporting the adoption of automation technologies. Increasing government focus on the development of smart cities will support SCADA market demand over the forecast timeline. supervisory control and data acquisition systems are deployed in smart cities to improve wastewater and transportation management.
 

The major factor challenging the market growth is requirement of high capital investment for installation and maintenance of these systems. The requirement of skilled operators, programmers, and analysts to maintain the system due to its complex architecture is also hampering industry growth.
 

SCADA Market Report Coverage
Report Coverage Details
Base Year: 2019 Market Size in 2019: USD 30 Billion (2019)
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2026
Forecast Period 2020 to 2026 CAGR: 8.0% 2026 Value Projection: USD 50 Billion (2026)
Pages: 160 Tables, Charts & Figures: 140
Geographies covered (16): U.S., Canada, U.K., Germany, France, Italy, Russia, China, India, Japan, South Korea, Brazil, Mexico, UAE, Saudi Arabia, South Africa
Segments covered: Component, Application, and Region
Companies covered (15): ABB Ltd., AVEVA Group plc, Emerson Electric Co., Hitachi, Ltd., Honeywell International Inc., ICONICS, Inc., Mitsubishi Electric, Omron Corporation, Ovak Technologies, Partita IVA, Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Toshiba Infrastructure Systems & Solutions Corporation, Yokogawa Electric Corporation
Growth Drivers:
  • Robust outlook of oil & gas industry across the globe
  • Rising adoption of automation technologies in the utility sector of North America and Europe
  • Increasing investments in smart city projects across Europe and Asia Pacific
  • Government initiatives for supporting innovation in Asian manufacturing sector
  • Rapidly developing manufacturing sector in Brazil & Mexico
  • Growing popularity of enhanced automation technologies in MEA
Pitfalls & Challenges:
  • High initial implementation cost
  • Security concerns in SCADA

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Increasing demand for robust and low-cost controllers is augmenting the growth of the RTU in SCADA market

In 2019, the RTU segment accounted for the largest market share due to its flexibility and versatility. RTUs offer enhanced communication abilities in remote applications such as freshwater reservoirs and onshore oil & gas environments. They also facilitate direct interface between actuators, field sensors, and central control units, contributing to the market revenue. The increasing requirement for cost-effective monitoring solutions at remote sites will drive the market size.
 

The emergence of intelligent remote terminal units (iRTUs) is supporting the market growth. iRTUs aid in collecting and analyzing local data, taking the initiative to report data, provide alarms, and reduce the load of center handling data. iRTUs communicate with each other, collaborate on emergencies, and quickly handle I/O correlation to prevent loss, increasing system reliability and availability. The use of intelligent terminal units helps to install unmanned supervision and control concepts at remote locations to reduce costs significantly.  
 

Growing adoption of automation technologies by oil & gas companies to improve efficiency & productivity at field

U.S. SCADA Market by Application

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The oil & gas segment is expected to account for the majority share of the SCADA market. Oil & gas companies across the globe are implementing automation technologies to optimize asset utilization and gain enhanced field visibility. SCADA provides a proactive and improved method of diagnosing problems with real-time data to make on-point decisions and maximize profits.
 

The rapidly developing oil & gas sector in North America and the Middle East including the U.S., Canada, and Saudi is contributing to the market growth. According to the Energy Information Administration (EIA), oil & gas production in the U.S. reached around 12.04 million barrels per day in 2018, approximately two million more compared to 2017.
 

SCADA is utilized in the food & beverage industry for several applications including maintaining quality standards, visualizing production, report creations, and packaging. It offers enhanced alarming capabilities, predictive & preventative maintenance, improved integration, and traceability to improve food safety & quality and reduce product waste. The rapidly developing food & beverage sector across the globe will lead to increase in adoption of SCADA.
 

Increasing investments in smart grid projects are driving the SCADA market in Europe

Europe SCADA Market by Region

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In 2019, Europe accounted for around 30% of the SCADA market and is expected to grow at a CAGR of around 7% from 2020 to 2026. Increasing investments in smart grid projects coupled with the development of the manufacturing industry are providing opportunities for regional market revenue. The German smart grid technologies are anticipated to reach around USD 70 billion by 2024, providing opportunities for industry growth.
 

Increasing government investments in smart city projects will drive the market size over the forecast timeline. The European government is planning to develop around 300 smart cities by 2020. Supervisory control and data acquisition solutions are implemented in smart cities for enhanced wastewater management, traffic control, and optimizing street lightings for energy saving.
 

The presence of key global market players, such as ABB Ltd., Schneider Electric, and Siemens AG, has augmented the market size in the region. These players are introducing new systems with advanced technologies to improve system efficiency and productivity. For instance, in June 2019, ABB Ltd. announced the launch of its new Micro-SCADA X and SDA500 automation control solutions for power grids. It offers a fully cloud-enabled solution with a new user experience that seamlessly scales to portable devices.
 

Continuous innovation is the key strategy by leading market players

Companies operating in the SCADA market are focusing on developing new solutions to strengthen their portfolio and increase customer acquisition. For instance, in March 2019, Schneider Electric announced the latest version of its EcoStruxure Power SCADA Operation (PSO). The latest version offers enhanced security and control over operations across application industries.
 

Companies in this industry are also adopting several strategies, such as mergers & acquisitions and partnerships & collaborations, for business expansion. For instance, in February 2019, Emerson announced the acquisition of General Electric’s intelligent platform business. This will aid Emerson to improve its automation offerings, thereby its business operations. Leading solution providers are focusing on developing application-specific SCADA systems to gain the market share.
 

Some of the key players operating in the market are ABB Ltd., Emerson Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Omron Corporation, Honeywell International Inc., Yokogawa Electric Corporation, Mitsubishi Electric, Partita IVA, and Toshiba Infrastructure Systems & Solutions Corporation.
 

The SCADA market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2016 to 2026 for the following segments:
 

Market by Component

  • Human-Machine Interface (HMI)
  • Programmable Logic Controller (PLC)
  • Remote Terminal Units (RTU)
  • Others

Market by Application

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

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Italy
    • Russia
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • MEA
    • Saudi Arabia
    • UAE
    • South Africa
       

Frequently Asked Questions (FAQ) :

The market size of SCADA was valued over USD 30 billion in 2019.
The industry share of SCADA is projected to expand at 7.5% CAGR during 2020 to 2026.
The Europe market is expected to grow at a CAGR of around 7% till 2026 led by increasing investments in smart grid projects coupled with development of manufacturing industry in the region.
The oil & gas segment is expected to account for the majority SCADA industry share as oil & gas companies across the globe are implementing automation technologies to optimize asset utilization and gain enhanced field visibility.
Some of the key industry players are ABB Ltd., Emerson Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Siemens AG, Omron Corporation, Honeywell International Inc., Yokogawa Electric Corporation, Mitsubishi Electric, Partita IVA, and Toshiba Infrastructure Systems & Solutions Corporation.

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Premium Report Details

  • Published Date: Jan 2020
  • Pages: 160
  • Tables: 117
  • Charts / Figures: 23
  • Companies covered: 15
  • Countries covered: 16

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