REDDING,
Calif., Sept. 10, 2024 /PRNewswire/
-- According to a new market research report titled, 'SCADA
Market by Type (Monolithic SCADA Systems, Distributed
SCADA Systems, Networked SCADA Systems), Component (Hardware,
Software, Services), Deployment Mode, End-use Industry (Oil &
Gas, Automotive, F&B)—Global Forecast to 2031.
THE SCADA MARKET IS EXPECTED TO REACH $18.7 BILLION BY 2031, AT A CAGR OF 9% FROM
2024 TO 2031.
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Market
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The rising adoption of automated technologies across
Europe and Asia-Pacific, the advent of Industry 5.0, the
growing demand for smart and digitized production processes, and
the increasing emphasis on industrial automation are key factors
driving the growth of SCADA. However, the high initial investment
requirements for SCADA implementation are restraining the growth of
this market.
Furthermore, the growing adoption of wireless sensor networks
and the proliferation of smart factories are expected to generate
growth opportunities for the players operating in this market.
However, the risk of cyberattacks is a major challenge impacting
market growth. Furthermore, the rising adoption of Industry 4.0
technologies and the increasing reliance on Human-Machine Interface
(HMI) systems are prominent trends in the SCADA market.
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Advent of Industry 5.0 Boosting the Demand for Scada
Systems
Industry 5.0, also known as the Fifth Industrial Revolution, is
a new and emerging phase of industrialization that builds upon the
principles of Industry 4.0 but emphasizes the human touch and the
integration of human skills with advanced technologies. Industry
4.0 focused on technologies such as the Internet of Things and big
data, whereas Industry 5.0 seeks to involve human, environmental,
and social aspects.
As Industry 5.0 promotes enhanced collaboration between humans
and machines, there is an increasing demand for sophisticated
automation and control systems capable of effectively bridging the
gap between these elements. SCADA systems facilitate real-time
monitoring and control of industrial processes, playing an
important role in enabling seamless interactions between humans and
machines. They offer the necessary infrastructure for incorporating
human input and feedback into automated workflows, thereby
optimizing performance and efficiency. With Industry 5.0 driving
the adoption of advanced technologies, the requirement for
comprehensive monitoring and control solutions to ensure seamless
integration and coordination is growing. SCADA systems have
significantly improved the reliability and capability of
automation. Centralized SCADA systems are increasingly utilized for
decision-making in hazardous situations to prevent accidents in
complex infrastructure. These systems oversee and manage entire
sites, support informed decision-making, enhance efficiency, and
minimize downtime. The advantages provided by SCADA systems,
coupled with the escalating need to maintain the integrity and
reliability of critical infrastructure, are driving market
growth.
Governments are actively supporting industrial automation and
digitalization initiatives. For example, in January 2021, the President of Spain introduced three new plans for SMEs
(2021-2025)—the Connectivity Plan, the Strategy to Promote 5G Plan,
and the National Strategy for Artificial Intelligence. These plans
are part of the Spain 2025 Digital
Agenda and aim to advance the development and deployment of SCADA
systems across various industries. By enhancing capabilities and
driving digital transformation, these initiatives are increasing
demand for SCADA systems and contributing to market growth.
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SCADA Market Analysis: Key Segmental Findings
- By Type: In 2024, the networked SCADA systems segment is
expected to account for the largest share of 47.5% of the
SCADA market. Moreover, this segment is projected to register the
highest CAGR of 8.2% during the forecast period from 2024 to
2031.
- By Component: In 2024, the hardware segment is expected
to account for the largest share of 55.9% of the SCADA market.
However, the software segment is estimated to record the highest
CAGR during the forecast period from 2024 to 2031.
- By Deployment Mode: In 2024, the on-premise deployments
segment is expected to account for the dominant share of the SCADA
market. However, the cloud-based deployments segment is anticipated
to register the highest CAGR of 10.5% during the forecast
period from 2024 to 2031.
- By End-use Industry: In 2024, the manufacturing segment
is expected to account for the major share of 26.4% of the
SCADA market. However, the automotive segment is slated to record
the highest CAGR of 10.7% during the forecast period from
2024 to 2031.
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Geographic Analysis:
By geography, the SCADA market is segmented into North America, Europe, Asia-Pacific, Latin
America, and the Middle
East & Africa. In 2024,
North America is estimated to
account for the largest share of 32.1% of the
SCADA market. The North America SCADA market is expected to
reach $5,488.3
million by 2031.
The industrial sector has seen extensive implementation of
automation systems, especially in North
America. Manufacturers in this region are increasingly
deploying advanced automation technologies in their operations.
North American countries are competing with their Asian and
European counterparts to position themselves as key manufacturing
centers, with the goal of lowering costs related to importing
goods. The high labor costs in the U.S. are a primary impetus for
the adoption of process control systems, such as SCADA (Supervisory
Control and Data Acquisition), MES (Manufacturing Execution
System), and DCS (Distributed Control System). These systems are
instrumental in reducing the need for human oversight and
management of automation processes.
Key market players are focusing on developing SCADA solutions
with advanced features tailored for various industrial
applications, including oil & gas, power, utilities,
automotive, electronics, and F&B. For example, in October 2022, Emerson Electric Co. (U.S.)
introduced Movicon.NExT 4.2, an advanced automation platform
designed for seamless integration with field devices and enterprise
systems. This software provides the data and insights necessary for
achieving operational excellence across diverse applications in
discrete and hybrid manufacturing sectors, including F&B,
packaged consumer goods, energy, infrastructure, building
automation, and machine automation.
Furthermore, in October 2022,
AtomTech (U.S.) expanded its North American presence by launching
AtomTech Canada. This move addresses the growing demand for
automation, cybersecurity, SCADA, and IIoT 4.0 solutions across
industries such as automotive, medical equipment, and warehouse
logistics. Such developments support the growth of the SCADA market
in the region during the forecast period.
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Asia-Pacific: The
Fastest-growing Regional Market
The SCADA market in Asia-Pacific is poised to register the highest
CAGR during the forecast period. In 2024, China is expected to account for the major
share of the SCADA market in Asia-Pacific. Asia-Pacific generates significant growth
opportunities for the adoption of industrial process control
solutions, given its extensive and diverse manufacturing sector.
Traditionally, manual or semi-automatic control processes have
characterized industrial production in the region. However,
advanced automation solutions are becoming essential for achieving
the flexibility required in high-volume production lines, thereby
enhancing overall operational efficiency.
Asia-Pacific is a prominent
manufacturing hub across multiple sectors, including automotive,
electronics, consumer goods, pharmaceuticals, and more. This
manufacturing prominence is a significant driver of automation
technology adoption in the region. SCADA solutions are increasingly
being adopted in countries such as China, Japan,
South Korea, and India, driven by efforts to modernize
manufacturing facilities and the need for SCADA software to
interface with Remote Terminal Units (RTUs), Programmable Logic
Controllers (PLCs), and Human-Machine Interface (HMI) components.
The focus on improving process efficiencies and reducing production
costs further fuels market growth, enabling operators to analyze
and make decisions from remote locations.
The rapid advancement of automation and artificial intelligence
(AI) is having a profound impact on economies in the APAC region.
Asia is expected to be the
fastest-growing automation market, driven by factors such as
population growth, urbanization, economic development, rising
wages, and decreasing costs associated with automated industrial
technologies. The increasing awareness of advanced industrial
control solutions, including SCADA systems for comprehensive
manufacturing process monitoring, is a key driver of this market
growth.
The U.K. Continues to Dominate the SCADA Market in
Europe
In 2024, the U.K. is expected to account for the largest share
of the SCADA market in Europe.
Several factors are driving the adoption of industrial control
systems in the U.K., including the expansion of the manufacturing
industry, stringent manufacturing and industrial safety
regulations, increased diversity in consumer products, growing
awareness of automated systems, and rising labor costs. Many
enterprises and industries in the U.K. are increasingly adopting
automated machines and control solutions to enhance operational
process monitoring. Key sectors such as oil & gas, power,
automotive, F&B, electronics, and semiconductors are leading
the way in implementing industrial control systems. In response to
the evolving needs of these industries, market players are actively
developing advanced SCADA solutions. For example, in September 2020, Severn Trent plc (U.K.) invested
USD 6.4 million to upgrade its SCADA
monitoring and management systems to a cloud-based platform.
SCADA Market: Competition Analysis
This report offers a competitive analysis based on an extensive
assessment of the leading players' product portfolios, geographic
presence, and key growth strategies adopted over the past three to
four years. Major companies in the SCADA market have implemented
various strategies to expand their product offerings and global
footprints and augment their market shares. The key strategies
followed by most companies in the SCADA market were product
launches & enhancements, acquisitions, expansion, partnerships,
agreements, and collaborations. The key market players operating in
the SCADA market include Rockwell Automation, Inc. (U.S.),
Siemens AG (Germany), Eaton
Corporation plc (Ireland),
Schneider Electric SE (France),
ABB Ltd (Switzerland), Yokogawa
Electric Corporation (Japan),
General Electric Company (U.S.), Emerson Electric Co. (U.S.),
Honeywell International, Inc. (U.S.), Mitsubishi Electric
Corporation (Japan), OMRON
Corporation (Japan), Pilz GmbH
& Co. KG (Germany), Survalent
Technology Corporation (Canada),
Valmet (Finland), and Hitachi,
Ltd. (Japan).
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SCADA Industry Overview: Latest Developments from Key
Industry Players
- In June 2023, Siemens AG
introduced the SICAM 8 power automation platform, which includes
two new software solutions: the SICAM HMI (Human Machine Interface)
visualization tool and the SICAM S8000 software solution for power
automation. This platform is part of the Siemens Xcelerator
portfolio, an open digital platform designed to help customers
accelerate their digital transformation at scale.
- In April 2023, Siemens AG
partnered with Gujarat Metro Rail Corporation Limited (GMRCL)
(India) to advance rail
electrification technologies. Siemens Limited will deliver project
management services and cutting-edge rail electrification
technologies, including advanced power supply and distribution
systems. Additionally, Siemens Limited will provide sophisticated
digital solutions, such as Supervisory Control and Data Acquisition
(SCADA) systems, for both metro projects.
- In March 2023, Rockwell
Automation launched FactoryTalk Optix, a new addition to the
company's visualization portfolio. FactoryTalk Optix is a modern,
cloud-enabled human-machine interface (HMI) platform that allows
users to design, test, and deploy applications directly from a web
browser remotely, in real time.
- In February 2023, ABB launched
the ABB Ability Symphony Plus distributed control system that
delivers seamless and secure access to an extended digital
ecosystem for power generation and water industries. It increases
performance and enables plant-wide digitalization, offering a
noninvasive modernization of the installed base.
- In October 2022, Emerson released
a new version of its DeltaV distributed control system (DCS).
Version 15 helps plants digitally transform operations through
improved production optimization and enhanced operator
performance.
- In April 2022, ABB partnered with
Ramboll (Denmark) to explore new
opportunities in offshore substations. ABB will leverage its
expertise in the design and supply of electrical, SCADA,
automation, and telecommunications equipment. This includes
engineering, products, installation, commissioning, and operational
maintenance of these systems.
- In January 2022, Schneider
Electric entered into an agreement with AVEVA, a leading technology
company. This collaboration was designed to further AVEVA's digital
and sustainability objectives. Schneider Electric's extensive reach
and profound market expertise will support AVEVA in sustaining,
expanding, and enhancing its leadership in the industrial
automation software and SCADA sectors across the Pacific
region.
- In April 2021, Mitsubishi
Electric updated its SCADA lineup with GENESIS64, introducing two
new software products for system monitoring and process control.
This new software suite replaced the MC Works64 SCADA software,
which was designed for monitoring small production lines and
managing multi-site monitoring.
- In January 2021, Rockwell
Automation acquired Fiix Inc. (Canada), an AI-enabled computerized
maintenance management system (CMMS) company. This acquisition
bolsters Rockwell Automation's software strategy and strengthens
its Lifecycle Services business. The addition of Fiix enhances the
company's ability to offer a comprehensive range of industrial
automation services, aimed at maximizing the value of customers'
production assets, systems, plants, and processes.
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Scope of the Report:
SCADA Market Assessment—by Type
- Monolithic SCADA Systems
- Distributed SCADA Systems
- Networked SCADA Systems
- Other SCADA Systems
SCADA Market Assessment—by Component
- Hardware
- Human-Machine Interface (HMI)
- Distributed Control Systems (DCS)
- Remote Terminal Units (RTU)
- Programmable Logic Controllers (PLC)
- Process Control Systems (PCS)
- Communication Systems
- Other Hardware Components
- Software
- Services
- Professional Services
- Managed Services
SCADA Market Assessment—by Deployment
Mode
- On-premise Deployments
- Cloud-based Deployments
SCADA Market Assessment—by End-use Industry
- Oil & Gas
- Pipeline Monitoring and Controls
- Remote Equipment and Asset Monitoring
- Off-shore Platforms and On-shore Wells
- Other Applications
- Automotive
- System Monitoring
- Automated Controls
- Data Collection and Analysis
- Other Applications
- Food & Beverage
- Monitoring Control
- F&B Product Consistency
- Regulatory Compliance
- Other Applications
- Semiconductors & Electronics
- Smart Machinery Maintenance
- Process Traceability
- Elimination of Manual Operation
- Other Applications
- IT & Telecommunications
- Real-time Data Analysis
- Automation of Processes
- Network Security
- Other Applications
- Agriculture
- Greenhouse Automation
- Irrigation Control
- Livestock Farming
- Other Applications
- Pharmaceuticals & Healthcare
- Pharmaceutical Manufacturing Processes
- Hospital Facilities Management
- Other Applications
- Transportation
- Airports & Aviation
- Ports & Harbors
- Railway Systems
- Other Applications
- Manufacturing
- System Monitoring
- Automated Controls
- Data Collection and Analysis
- Process Automation and Control
- Other Applications
- Other End-use Industries
SCADA Market Assessment—by Geography
- North America
- Europe
- Germany
- U.K.
- France
- Italy
- Spain
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- South Korea
- Rest of Asia-Pacific
- Latin America
- Middle East & Africa
SCADA Market Research Summary:-
Particulars
|
Details
|
Number of
Pages
|
226
|
Format
|
PDF
|
Forecast
Period
|
2024–2031
|
Base
Year
|
2023
|
CAGR
(Value)
|
9 %
|
Market Size
(Value)
|
USD 18.7
Billion by 2031
|
Segments
Covered
|
By
Type
- Monolithic SCADA Systems
- Distributed SCADA Systems
- Networked SCADA Systems
- Other SCADA Systems
By
Component
- Hardware
-
- Human-Machine Interface (HMI)
- Distributed Control Systems (DCS)
- Remote Terminal Units (RTU)
- Programmable Logic Controllers (PLC)
- Process Control Systems (PCS)
- Communication Systems
- Other Hardware Components
- Software
- Services
-
- Professional Services
- Managed Services
By Deployment
Mode
- On-premise Deployments
- Cloud-based Deployments
By End-use
Industry
- Oil & Gas
-
- Pipeline Monitoring and Controls
- Remote Equipment and Asset Monitoring
- Off-shore Platforms and On-shore Wells
- Other Applications
- Automotive
-
- System Monitoring
- Automated Controls
- Data Collection and Analysis
- Other Applications
- Food & Beverage
-
- Monitoring Control
- F&B Product Consistency
- Regulatory Compliance
- Other Applications
- Semiconductors & Electronics
-
- Smart Machinery Maintenance
- Process Traceability
- Elimination of Manual Operation
- Other Applications
- IT & Telecommunications
-
- Real-time Data Analysis
- Automation of Processes
- Network Security
- Other Applications
- Agriculture
-
- Greenhouse Automation
- Irrigation Control
- Livestock Farming
- Other Applications
- Pharmaceuticals & Healthcare
-
- Pharmaceutical Manufacturing Processes
- Hospital Facilities Management
- Other Applications
- Transportation
-
- Airports & Aviation
- Ports & Harbors
- Railway Systems
- Other Applications
- Manufacturing
-
- System Monitoring
- Automated Controls
- Data Collection and Analysis
- Process Automation and Control
- Other Applications
- Other End-use Industries
|
Countries
Covered
|
North America (U.S.,
Canada), Europe (Germany, U.K., France, Italy, Spain, Rest of
Europe), Asia-Pacific (Japan, China, India, South Korea, Rest of
Asia-Pacific), Latin America, and the Middle East &
Africa
|
Key
Companies
|
Rockwell Automation,
Inc. (U.S.), Siemens AG (Germany), Eaton Corporation plc (Ireland),
Schneider Electric SE (France), ABB Ltd (Switzerland), Yokogawa
Electric Corporation (Japan), General Electric Company (U.S.),
Emerson Electric Co. (U.S.), Honeywell International, Inc. (U.S.),
Mitsubishi Electric Corporation (Japan), OMRON Corporation (Japan),
Pilz GmbH & Co. KG (Germany), Survalent Technology Corporation
(Canada), Valmet (Finland), and Hitachi, Ltd. (Japan)
|
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