Supervisory Control and Data Acquisition (SCADA) Market, By Offering Type (Hardware, Software, and Services), By Component (Human-Machine Interface, Communication System, Remote Terminal Units, and Others), By Applications (Oil & Gas, Automotive & Transport, Electric Power, Food & Beverages, Manufacturing, Pharmaceuticals, and Water & Waste Water Management), By Region (North America, Latin America, Europe, Middle East & Africa, and Asia Pacific)

Published In : May 2023

Code : CMI2158

Pages :187

Formats :

Excel and PDF

Industry : Information and Communication Technology

Supervisory Control and Data Acquisition (SCADA) MarketSize and Trends

The global SCADA Market size was valued at US$ 9.99 Billion in 2022 and is anticipated to witness a compound annual growth rate (CAGR) of 8.00% from 2023 to 2030. Supervisory control and data acquisition is a combined system of software and hardware that allows industrial organizations to monitor, gather, and process real-time data in various fields. It aids in controlling industrial process locally or from a remote location. SCADA helps in establishing interaction with devices, sensors, valves, pumps, and motors and maintains log files.

Global SCADA Market Trends:

Rising Development in Wireless Sensors Network

Increasing wireless sensor network advancements and their use in process industries many industries, including oil & gas, pharmaceuticals, and water & wastewater treatment, are utilizing wireless sensor networks (WSN). Oil and gas facilities are typically found in isolated locations with challenging environmental conditions. A SCADA system in an oil and gas facility uses sensors placed in a WSN to monitor, manage, and operate tanks, compressors, generators, and separators. The price of setting up a sensor network and communication system is decreased by using a WSN. Additionally, they assist in overcoming the shortcomings of wired industrial networks because of their simple setup and flexibility.

Further, the growing R&D in the field of WSN and its active adoption in SCADA systems would increase the application of SCADA is expected to increase. Also

Figure 2: Global SCADA Market Share (%), By Offering Type, 2022

The applications include telecommunication, transportation, manufacturing, pharmaceuticals, oil & gas, food & beverage, and others. The growing adoption of industrial automation and control systems in automotive manufacturing and process facilities to boost productivity, efficiency, and lower human load as well as the rising demand for real-time data to control and monitor industrial equipment and manufacturing processes are some of the major factors affecting the automotive sector. New supervisory control and data acquisition (SCADA) hardware and software are being developed expressly for the automotive industry to boost output and quality while decreasing unscheduled downtime. The market's growth is also anticipated to be aided by the increasing usage of industrial robots, machine vision systems, and industrial control systems by automotive manufactures.