Power SCADA Market Size, Share, Growth, Trends, and Forecast 2030

Power SCADA Market

Power SCADA Market – By Component (Remote Terminal Unit, Programmable Logic Controller, Human Machine Interface, and Communication System Protection Relays); By Architecture (Hardware, Services, and Software); By End-User (Oil & Gas, Chemicals, Wastewater Treatment, Metal & Mining, and Transportation), and by Region¬–Global Industry Analysis, Size, Share, Growth, Trends, And Forecast, 2020-2026

Category: Technology & Media Report Format : PDF Pages: 120 Report Code: ZMR-6379 Published Date: Jun-2021 Status : Published
Market Size in 2019 Market Forecast in 2026 CAGR (in %) Base Year
USD 1.1 billion USD 2.4 billion 7.3% 2019

Global Power SCADA Market Overview

The global Power SCADA Market size was worth around USD 1.1 billion in 2019 and is predicted to grow to around USD 2.4 billion by 2026 with a compound annual growth rate (CAGR) of roughly 7.3% between 2020 to 2026. The report offers valuation and analysis of Power SCADA market on a global as well as regional level. The study offers a comprehensive assessment of the industry competition, limitations, sales estimates, avenues, current & emerging trends, and industry-validated market data. The report offers historical data from 2016 to 2019 along with a forecast from 2020 to 2026 based on value (USD Billion).

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Power SCADA Market: Outlook

SCADA or supervisory control and data acquisition is a network of hardware & software elements that helps firms in effectively controlling industrial processes locally as well at distant locations. Precisely, SCADA comprises network data communications, computers, and GUI along with peripheral instruments including PLC and PID controllers. Onset of industrial 4.0 revolution has made the power SCADA more popular across the globe. Furthermore, SCADA is used for effectively managing & operating project-based processes in construction sector. The key function of SCADA tool is to carry supervision of a slew of proprietary equipment.

Power SCADA Market: Growth Dynamics

Power SCADA supports industrial processes, facility processes, and infrastructure processes. This, in turn, will steer the growth of power SCADA market in the foreseeable future. Apart from this, growing need for improving human-machine interaction, communication infrastructure, and alarm handling functions will prompt the market demand. Furthermore, need to strengthen the computer security have resulted in massive increment in size of power SCADA market in the recent years. With many of the systems as well as processes in power sector being automated, the power units are required to operate 24 x 7 with no human errors and high efficiency. This will proliferate the expansion of power SCADA industry over the assessment period.

Moreover, large-scale acceptance of industry 4.0 principles across myriad sectors will enhance the expansion of power SCADA industry in the years ahead. Massive use of power SCADA systems for monitoring as well as processing of oil from oil reserves in refineries will result in increment of power SCADA market value over the years ahead.

Power SCADA Market: Report Scope

Report Attributes Report Details
Report Name Power SCADA Market Research Report
Market Size in 2019 USD 1.1 billion
Market Forecast in 2026 USD 2.4 billion
Growth Rate CAGR of 7.3%/td>
Number of Pages 214
Key Companies Covered Motorola Solutions, ABB, Siemens, Ovak Architecture, Schneider Electric, Omron Architecture, Emerson Electric, PSI AG, and Rockwell Automation.
Segments Covered By Component, By Architecture, By End User, And By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2019
Historical Year 2015 to 2018
Forecast Year 2020 - 2026
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Regional Landscape

Asia Pacific Market Revenue To Reach Scalable Heights By 2026

The growth of power SCADA industry in Asia Pacific over the assessment period is due to thriving manufacturing sector in the countries such as India and China. In addition to this, increase in the oil & gas exploration activities in India and China for raising the oil & gas production capacities will prompt the industry growth in APAC over forecast timespan. Moreover, huge investment in offshore projects will further boost the regional market size over 2020-2026. Apparently, flourishing pharma industry in South Korea, China, Australia, and India will promote market penetration in the region over forecast timeline.

Power SCADA  Market Competitive Landscape

Key participants profiled in the study are

  • Motorola Solutions
  • ABB
  • Siemens
  • Ovak Architecture
  • Schneider Electric
  • Omron Architecture
  • Emerson Electric
  • PSI AG
  • Rockwell Automation.

The global Power SCADA  Market is segmented as follows:

By Component

  • Remote Terminal Unit
  • Programmable Logic Controller
  • Human Machine Interface,
  • Communication System Protection Relays

 By Architecture

  • Hardware
  • Services
  • Software

By End User

  • Oil & Gas
  • Chemicals
  • Wastewater Treatment
  • Metal & Mining
  • Transportation

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

Table Of Content

Methodology

FrequentlyAsked Questions

Power SCADA supports industrial processes, facility processes, and infrastructure processes. This, in turn, will steer the growth of power SCADA market in the foreseeable future. Apart from this, growing need for improving human-machine interaction, communication infrastructure, and alarm handling functions will prompt the market demand. Furthermore, need to strengthen the computer security have resulted in massive increment in size of power SCADA market in the recent years. With many of the systems as well as processes in power sector being automated, the power units are required to operate 24 x 7 with no human errors and high efficiency. This will proliferate the expansion of power SCADA industry over the assessment period.

Moreover, large-scale acceptance of industry 4.0 principles across myriad sectors will enhance the expansion of power SCADA industry in the years ahead. Massive use of power SCADA systems for monitoring as well as processing of oil from oil reserves in refineries will result in increment of power SCADA market value over the years ahead.

 

According to Zion Market Research report, the global Power SCADA Market, which was estimated at 1.1(USD Billion) in 2019 and is anticipated to accrue earnings worth 2.4(USD Billion) by 2026, is set to record a CAGR of nearly 7.3% over 2020-2026.

Asia Pacific is likely to make noteworthy contributions towards overall market revenue during 2020-2026. The growth of the industry in the sub-continent over the estimated timespan is attributed to thriving manufacturing sector in the countries such as India and China. In addition to this, increase in the oil & gas exploration activities in India and China for raising the oil & gas production capacities will prompt the industry growth in APAC over forecast timespan. Moreover, huge investment in offshore projects will further boost the regional market size over 2020-2026. Apparently, flourishing pharma industry in South Korea, China, Australia, and India will promote market penetration in the region over forecast timeline.

The key players profiled in the report include are Motorola Solutions, ABB, Siemens, Ovak Architecture, Schneider Electric, Omron Architecture, Emerson Electric, PSI AG, and Rockwell Automation.

 

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