SCADA Market
SCADA Market Global Industry Assessment & Forecast
#
Pages:
175
2021
Nov - 2021
VMR-2021-0256
Segments Covered
By
Type Hardware, Software, Services
-
By
Application Oil & Gas, Water & Wastewater, Chemicals, Pharmaceutical, Electrical & Electronics industry, Manufacturing, Transportation, Telecommunication, Food & Beverages, Others
Snapshot
 Forecast
Years:
|
2021 - 2028 |
 Historical
Years:
|
2016 - 2020 |
 Revenue
2021: |
9.88 Billion |
 Revenue 2028:
|
17.10Billion |
 Revenue CAGR
(2021 - 2028): |
7.1 |
Fastest Growing Region (2022 -
2028)
|
North America |
Customization Offered
Cross-segment Market Size and
Analysis
for Mentioned Segments- Additional Company Profiles (Upto 5
With
No Cost)
- Additional Countries (Apart From
Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request
Customization Speak To
Analyst
Type Analysis: Preview On the basis of Type,
the market is segmented into Hardware, Software, Services. Temperature Controlled held the
highest share in 2020 and is expected to grow at a significant rate over the
forecast period. This is attributed to the rising demand for the Temperature Controlled
in developing countries such as China and India. Digitalization in Asia Pacific
region has led to a surge in the usage of technology in various business
processes over the past few years. Rising adoption of online platforms across
various sectors along with analytical solutions, IoT, AI, and Blockchain
technology to gain a competitive advantage is also paving the way for the SCADA
market growth. Application
Analysis: Preview
Based on Application,
the market is segmented into Oil & Gas, Water & Wastewater, Chemicals, Pharmaceutical, Electrical & Electronics industry, Manufacturing, Transportation, Telecommunication, Food & Beverages, Others. Oil & Gas held the
largest share and is projected to grow at a notable CAGR over the coming years.
Rising demand for SCADA in various countries
such as the U.S., Germany, China, India, and Japan, among others is likely to
support the growth of the market. Numerous companies are focusing on investing
heavily in this application to cater the end user requirements effectively.
Global SCADA Market: Type Segment Analysis
-
- Hardware
- Software
- Services
Global SCADA Market: Application Segment Analysis
-
- Oil & Gas
- Water & Wastewater
- Chemicals
- Pharmaceutical
- Electrical & Electronics industry
- Manufacturing
- Transportation
- Telecommunication
- Food & Beverages
- Others
FAQ
Frequently Asked Question
What is the global demand for SCADA in terms of revenue?
-
The global SCADA valued at 9.88 Billion in 2020 and is expected to reach 17.10Billion in 2028 growing at a CAGR of 7.1%.
Which are the prominent players in the market?
-
The prominent players in the market are JFE Engineering Corporation, Hitachi LTD, Honeywell International, Siemens, Emerson Electric Co., Yokogawa Electric, Schneider Electric, Inductive Automation, Alstom, IBM Corp, ABB, General Electric, Emerson Electric, Mitsubishi Motors, Rockwell Automation..
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 7.1% between 2021 and 2028.
What are the driving factors fueling the growth of the market?
-
The driving factors of the SCADA include
- The increasing adoption of Industry 4.0 across both manufacturing and process industries and the increasing demand for automated robots is anticipated to augment the growth of the SCADA market over the forecast period.
- Furthermore, the surging demand for emerging technologies such as IoT and artificial intelligence in industrial environments is also expected to further fuel the growth of the market in the near future.
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the SCADA in 2020.
