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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), COVID-19 Impact Analysis, Regional Outlook, Growth Potential, Price Trends, Competitive Market Share & Forecast, 2022 – 2030

  • Report ID: GMI1925
  • Published Date: Oct 2022
  • Report Format: PDF

Industry Statistics

SCADA Market size valued at USD 35 billion in 2021 and is projected to expand at around 10% CAGR from 2022 to 2030. The use of automated technologies in the oil & gas sector will augment the business growth.
 

Robust demand for oil and gas will accelerate the need for SCADA to automate and control production processes. The software is used across a wide range of applications in downstream, midstream, and upstream oil and gas sector applications. With surging demand for energy, O&G companies are likely to demand advanced software solutions to meet production targets. According to the U.S. Energy Information Administration (EIA), the U.S. reported total crude oil production of 365.78 million barrels per day in July 2022. High productivity needs and data collection requirements across remote sites in the upstream applications will fuel the use of SCADA.
 

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High initial implementation costs associated with SCADA systems could hamper industry growth. SCADA systems for applications such as oil & gas field operations, power grids, and water supply systems are mainly customer-owned. As a result, customers end up spending a substantial amount of money on the installation and maintenance of these systems. However, new technological advancements and increasing efforts to develop affordable SCADA solutions will pave the way for its use over the coming years.
 

Need for improved manufacturing productivity to propel PLC component demand

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The Programmable Logic Controller (PLC) segment is estimated to hold over 30% of the SCADA market revenue by 2030. PLC devices have a robust structure and the ability to withstand change in temperature, humidity, noise, and vibrations. They can be easily programmed with the help of a user-friendly coding language. This makes it an affordable and simple tool among organizations to maximize productivity. 
 

PLC devices are widely used in different manufacturing processes including cement and paper manufacturing. It enables paper manufacturers to effectively control machines for high-speed paper production. The device is also used in the aerospace sector as a part of water tank quenching systems along with filling machine control systems in the food sector.
 

Development of smart grid infrastructure to push the scope of SCADA deployment

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In terms of application, the SCADA market share from the utility segment is predicted to grow at nearly 12% gains up to 2030. The utility distribution and management sector are using SCADA systems on a large scale to boost productivity. Rising influx of investments from the government as well as private sector companies have supported the development of smart grids.
 

Increased public spending for modernization of infrastructure in Europe

In Europe, the SCADA industry size crossed USD 11 billion in 2021 and is anticipated to witness substantial growth through 2030. On account of rise in investments to develop smart grid projects. Surge in manufacturing activities have also offered lucrative scope for the adoption of SCADA systems. Government-backed initiatives to support the construction of smart city projects will complement the regional industry trends.
 

New product launches to strengthen business development

Some of the SCADA market leaders include ABB Ltd., Emerson Electric Co., Siemens AG, Rockwell Automation, Inc., Schneider Electric SE, Omron Corporation, Yokogawa Electric Corporation, Mitsubishi Electric, Honeywell International Inc., and Toshiba Infrastructure Systems & Solutions Corporation. These companies are focusing on the development and launch of new products to gain a competitive advantage.
 

Impact of COVID-19 pandemic on the business outlook

The COVID-19 pandemic had a negative impact on the SCADA market owing to the significant disruptions to manufacturing sector worldwide. The pandemic resulted in a reduction in the consumption of luxury goods, automotive products, and electronics. It further led to volatile prices of commodities such as oil and gas. Nationwide restrictions and lockdowns hampered sales and production of various products across several sectors, limiting the need for automated solutions. Moreover, economic recovery and resumption of manufacturing activities are expected to favor the demand for SCADA solutions.
 

This market research report on SCADA includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD from 2018 to 2030, 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
    • Japan
    • India
    • South Korea
  • Latin America
    • Brazil
    • Mexico
  • Middle East & Africa
    • Saudi Arabia
    • UAE
    • South Africa

 

Authors: Preeti Wadhwani, Smriti Loomba

Frequently Asked Questions (FAQ) :

The market size of supervisory control and data acquisition (SCADA) surpassed USD 35 billion in 2021 and is anticipated to expand at more than 10% CAGR between 2022 and 2030, says this GMI report.
The programmable logic controller (PLC) segment is poised to hold approximately 30% of the SCADA market share by 2030 as these devices can easily be programmed using simple coding languages and have widespread industrial applications.
Europe SCADA industry is predicted to reach above USD 11 billion in 2021 and will witness a substantial rise in product demand due to increasing investments in smart city and smart grid projects.
Key leaders in SCADA market are ABB Ltd., Emerson Electric Co., Siemens AG, Omron Corporation, Mitsubishi Electric, and Honeywell International Inc.

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Premium Report Details

  • Base Year: 2021
  • Companies covered: 15
  • Tables & Figures: 180
  • Countries covered: 16
  • Pages: 215
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