SCADA

Scada Market Worth $57.2 Billion By
2028

Global SCADA Market –2028
Meticulous Research® – a leading global market research company published a research report titled
“SCADA Market by Component (Hardware, Software, Services), Deployment (On-premises,
Cloud-based, Hybrid), End User (Oil & Gas, Automotive, Food & Beverage, Power,
Semiconductors & Electronics, Chemicals & Materials)– Global Forecast to 2028.”
According to the latest publication from Meticulous Research®, the global supervisory control and
data acquisition (SCADA) market is projected to reach $57.2 billion by 2028, growing at a CAGR of
14.7% during the forecast period. The global SCADA market is witnessing growth due to the rising
adoption of efficient control & monitoring solutions in industrial processes and growing demand for
systems that monitor & control the manufacturing and industrial processes. These systems aid
companies in reducing production waste and enhancing overall manufacturing efficiency with the help
of trends and insights provided to the management. However, cyber threats associated with the
SCADA systems where data is stored is restraining the growth of this market.
The SCADA market is gaining high pace due to several strategic developments adopted by industry
leaders to develop their product portfolio. For instance, in April 2021, Mitsubishi Electric Corporation
(Japan), an electrical product manufacturer and automation solution provider, renewed its SCADA
lineup named GENESIS64 to provide two software for system monitoring and process control.
The market is segmented based on component (hardware [Programmable logic controller (PLC),
remote terminal unit (RTU), communication systems, human-machine interface (HMI), other
hardware components], software, services [professional services, managed services]), deployment
mode (on-premise, cloud-based, and hybrid), and end user (oil & gas, chemicals & materials, paper &
pulp, pharmaceuticals & biotech, mining & metals, food & beverage, power, consumer goods,
automotive, machines & tools, semiconductors & electronics, aerospace & defense, and other end
users). The study also evaluates industry competitors and analyses the market at a country level.
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Scope:
SCADA Market by Component
• Hardware
o Programmable Logic Controller (PLC)
o Remote Terminal Unit (RTU)
o Communication Systems
o Human-machine Interface (HMI)
o Other Hardware Components
• Software
• Services
o Professional Services
o Managed Services
SCADA Market by Deployment Mode
• On-premise
• Cloud-based
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Global SCADA Market –2028
• Hybrid
SCADA Market by End User
• Oil & Gas
• Chemicals & Materials
• Paper & Pulp
• Pharmaceuticals & Biotech
• Mining & Metals
• Food & Beverage
• Power
• Consumer Goods
• Automotive
• Machines & Tools
• Semiconductors & Electronics
• Aerospace & Defense
• Other End Users
SCADA Market by Geography
• North America
o U.S.
o Canada
• Europe
o U.K.
o Germany
o France
o Italy
o Spain
o Russia
o Rest of Europe
• Asia-Pacific (APAC)
o China
o India
o Japan
o South Korea
o Rest of APAC
• Latin America
o Brazil
o Mexico
o Rest of Latin America
• Middle East & Africa (MEA)
o UAE
o Saudi Arabia
o South Africa
o Rest of the MEA
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Global SCADA Market –2028
To gain more insights into the market with a detailed table of content and figures, click here:
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Based on component, the SCADA market is segmented into hardware, software, and services. In
2021, the services segment is estimated to account for the largest share of the market due to the growing
demand for installation, maintenance, repair, and training services associated with SCADA systems.
The demand for efficient, professional services is expected to grow as companies offer services that
will offer clients easy understanding and usage of SCADA systems.
Based on deployment mode, the market is segmented into on-premise, cloud-based, and hybrid. The
cloud-based segment will witness high demand over the forecast timeline due to the increasing
transformation of conventional industrial control systems to cloud-based SCADA systems. With the
deployment of on-cloud SCADA solutions, companies can limit their IT costs as they are outsourced
to provide support and maintenance for in-house servers.
Based on end user, the SCADA market is segmented into oil & gas, chemicals & materials, paper &
pulp, pharmaceuticals & biotech, mining & metals, food & beverage, power, consumer goods,
automotive, machines & tools, semiconductors & electronics, aerospace & defense, and other end
users. The food & beverage segment is expected to register the highest CAGR during the forecast
period due to the high adoption of manufacturing automation and process control solutions across the
F&B sector. SCADA improves production efficiency and increases profitability in the F&B plants.
Deployment of SCADA in the processing and packaging part of the F&B industry offers enhanced
integration, predictive & preventive maintenance, and traceability.
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This research report analyzes major geographies and provides a comprehensive analysis of North
America (U.S. and Canada), Europe (U.K., Germany, France, Italy, Spain, Russia, and RoE), Asia-
Pacific (China, India, Japan, South Korea, and RoAPAC), Latin America (Brazil, Mexico, and
RoLATAM), the Middle East & Africa (UAE, Saudi Arabia, South Africa, and RoMEA). Europe is
expected to grow at the highest CAGR during the forecast period due to the rapid transformation of
European industries into smart factories. The European manufacturers are rapidly adopting automation
and Industry 4.0 technologies, further supporting the demand for SCADA systems. High labor costs
and limited availability in the region compels manufacturers to install automated solutions for all
processes in the manufacturing & industrial settings.
Key Players
The key players operating in the global SCADA market are Rockwell Automation, Inc. (U.S.),
Siemens AG (Germany), Eaton Corporation plc (Ireland), Schneider Electric SE (France), ABB Ltd
(Switzerland), Yokogawa Electric Corporation (Japan), General Electric Company (U.S.), Emerson
Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Mitsubishi Electric Corporation (Japan),
OMRON Corporation (Japan), Pilz GmbH & Co. KG (Germany), Survalent Technology Corporation
(Canada), Valmet (Finland), and Hitachi, Ltd. (Japan).
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Key questions answered in the report:
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Global SCADA Market –2028
• Which are the high growth market segments in terms of component, deployment, end user,
and region/countries?
• What was the historical market for SCADA across the globe?
• What are the market forecasts and estimates for the period 2021–2028 in terms of revenue?
• What are the major drivers, restraints, and opportunities in the global SCADA market?
• Who are the major players in the SCADA market?
• How is the competitive landscape, and who are the market leaders in the global SCADA
market?
• What are the recent developments in the global SCADA market?
• What are the different strategies adopted by the major players in the global SCADA market?
• What are the geographical trends and high growth regions/countries?
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