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Global Supervisory Control and Data Acquisition (SCADA) Market is Expected to Reach USD 32.70 billion in 2020
Supervisory Control and Data Acquisition (SCADA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020
Published 21 September 2015
According to a new market report published by Transparency Market Research “Supervisory Control and Data Acquisition (SCADA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” market was valued at USD 23.20 billion in 2013, which is expected to reach USD 32.70 billion by 2020, growing at a CAGR of 5.0% from 2014 to 2020.
Increasing demand for process automation in different energy verticals is the major factor driving the supervisory control and data acquisition (SCADA) market. Within the scope of this report, global supervisory control and data acquisition (SCADA) market has been covered. SCADA systems are used to control various complex systems and processes in industrial plants, such as power plants, oil and gas, water and wastewater, manufacturing, telecommunication, and pharmaceuticals among others. Moreover, demand for reliable power distribution and transmission among different industries, rising demand for SCADA systems in oil & gas industry and increase in infrastructure investments in emerging markets of Asia Pacific for efficient oil extraction are likely to accelerate the growth of supervisory control and data acquisition market during the forecast period, i.e., from 2014 to 2020.
The global supervisory control and data acquisition (SCADA) market, by application, is divided into ten application segments: electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals and others.
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By revenue, electrical power was the largest contributor in global supervisory control and data acquisition (SCADA) market in 2013, accounting for a market share of 17.7%. The growth is attributed to increase in extent of application of SCADA in total grid automation projects in the power sector. Countries like India and China are improving their infrastructure to curb power distribution and transmission losses. SCADA systems can store historical data for trend analysis and reduce manual labor by remotely locating affected sections. Considering these factors, electrical power sector is anticipated to remain the top application sector for SCADA systems during the forecast period.
The global Supervisory Control and Data Acquisition (SCADA) market has been segmented into four broad regions: North America, Europe, Asia Pacific and RoW. By revenue, North America contributed largest market share in 2013, accounting for 33.80% of the overall market. Rapid advancement in process automation and large investments in energy verticals such as oil & gas and power among others, are primarily driving the growth of American market for supervisory control and data acquisition systems.
Some of the leading players in the market are ABB Ltd (Switzerland), Honeywell International, Inc. (U.S.), Emersion Electric Co.(U.S.), Alstom SA (France), Rockwell Automation, Inc.(U.S.), Siemens AG (Germany), Omron Corp (Japan), General Electric Co (U.S.), Yokogawa Electric Corporation (Japan) and Schneider Electric SE (France) among others. The report studies the global Supervisory Control and Data Acquisition (SCADA) market, and provides estimates in terms of revenue (USD Billion) from 2014 to 2020. The scope of the report includes competitive analysis of various market segments based on the applications, components, architecture and in-depth cross sectional scrutiny of the supervisory control and data acquisition (SCADA) market across different geographic segments.
Browse the full Supervisory Control and Data Acquisition (SCADA) Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020 report at http://www.transparencymarketresearch.com/scada-market.html
The market has been segmented as follows:
Supervisory Control and Data Acquisition (SCADA) market, by Application:
- Electrical power
- Oil & gas
- Water & wastewater
- Manufacturing
- Transportation
- Telecommunication
- Chemicals
- Food & beverages
- Pharmaceuticals
- Others
Supervisory Control and Data Acquisition (SCADA) market, by Components:
- Human Machine Interface (HMI)
- Programmable Logic Controller (PLC)
- Remote Terminal Unit (RTU)
- SCADA Communication Systems
- Others
Supervisory Control and Data Acquisition (SCADA) market, by Architecture:-
- Hardware
- Software
- Services
Supervisory Control and Data Acquisition (SCADA) market, by Geography: The market is segmented on the basis of geography into:
- North America
- Europe
- Asia Pacific
- Rest of the World (Latin America, Middle East and Africa)
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Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of Analysts, Researchers, and Consultants, use proprietary data sources and various tools and techniques to gather and analyze information.
Our data repository is continuously updated and revised by a team of research experts, so that it always reflects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports.
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