Global Supervisory Control and Data Acquisition (SCADA) Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027

“Global Supervisory Control and Data Acquisition Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2027” is a recent report generated by MarketResearch.biz, which offers in-depth insights, revenue details, and other vital information regarding the global supervisory control and data acquisition market, and the various trends, drivers, restraints, opportunities, and threats in the target market till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global supervisory control and data acquisition market report has been segmented on the basis of offerings, component, application, and region.

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Introduction  

Supervisory control and data acquisition (SCADA) is a system of software and hardware elements that allows organizations to monitor, command, gather, and process real-time data, and control organizational processes locally or remotely. In addition, it allows users to directly interact with devices such as valves, sensors, pumps, and motors through human‐machine interface (HMI) software, and also record events into a separate log file.

Market Dynamics

Increasing adoption of cloud-based SCADA system, owing to its benefits such as ease to retrieve file & uploading, easy upgradation through cloud, scalability, etc., is a key factor expected to drive growth of the global supervisory control and data acquisition market over the forecast period. In addition, increasing infrastructural development such as smart cities and smart transportation across various countries are major factors expected to drive growth of the global market over the forecast period.

Furthermore, increasing need for continuous maintenance of machinery across various industry verticals such as oil & gas, automotive, energy power, and others is another factor expected to further fuel growth of the target market over the forecast period. Moreover, rising demand for real-time data monitoring and data sharing from remote location in order to reduce the operational cost and improve work quality is another factor expected to boost growth of the global market over the forecast period.

However, increasing incidence of cyber risk and high investment for setting up SCADA system are major factors expected to restrain growth of the SCADA market over the forecast period.

Ongoing trend observed in the target market is increasing adoption of supervisory control and data acquisition across various industries, like oil & gas industry and increase in infrastructure investment activities, owing increasing demand for consistent power transmission and distribution. This trend is expected to continue over the forecast period.

Increasing research and development activities in wireless sensor network in SCADA and rapid growing big data analytics offers major opportunities for expansion of SCADA systems market over the forecast period.

Analysis by Region

The market in North America followed by Europe is expected to dominate the global market in terms of revenue over the forecast period, owing to growing acceptance of modern technology and funding of SCADA technology across various countries in the region. In addition, the market in Asia Pacific is expected to register significant growth in terms of revenue over the forecast period, owing to increasing demand for SCADA across various countries such as China and India in the region.

Global supervisory control and data acquisition market segmentation:

Segmentation by offerings:

• Hardware
• Software
• Services

Segmentation by component:

• Human Machine Interface
• Communication System
• Remote Terminal Unit
• Others

Segmentation by application:

• Oil & Gas
• Automotive & Transportation
• Electric Power
• Chemicals
• Food & Beverages
• Manufacturing
• Water & Wastewater
• Others

Segmentation by region:

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East & Africa

• International Business Machines Corporation
• Alstom SA
• Honeywell International Inc.
• Hitachi, Ltd.
• Emerson Electric Co.
• ABB Ltd.
• Rockwell Automation, Inc.
• JFE Engineering Corporation
• Schneider Electric S.E.
• Mitsubishi Electric Corporation