The continuous advancements in SCADA owing to the efforts made by market players has increased the efficiency of these systems. Global Supervisory Control and Data Acquisition (SCADA) Market was valued at USD 9.30 billion in 2021 and is expected to reach USD 17.34 billion by 2029, registering a CAGR of 8.10% during the forecast period of 2022-2029.

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Supervisory Control and Data Acquisition (SCADA) Market Dynamics

This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:

Drivers

• Surge in Number of Smart Buildings

Integration with Advanced Technologies

Industry 4.0

Opportunities

Furthermore, increase in number of developments in wireless sensor networks and their adoption in SCADA and use of 5G technology in industrial environments and big data analytics in SCADA systems extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Also, shift in preference for cloud-based over on-premises SCADA systems will further expand the market.

Restraints/Challenges

On the other hand, high capital requirement for installation and maintenance of these systems and anticipated decline in the oil prices are expected to obstruct market growth. Also, vulnerability to cyber-attacks is projected to challenge the supervisory control and data acquisition (SCADA) market in the forecast period of 2022-2029.

Key Players: Global SCADA Market

ABB (Switzerland), Schneider Electric (France), GENERAL ELECTRIC (US), Capula Ltd. (UK), Emerson Electric Co. (US), Rockwell Automation Inc. (US), Siemens (Germany), OMRON corporation (Germany), Yokogawa Electric Corporation (Japan), Progea srl (Italy), Willowglen Systems (Canada), TOSHIBA CORPORATION (Japan), Mitsubishi Electric Corporation (Japan), Fuji Electric Co. Ltd. (Japan), Hitachi Ltd. (Japan), Azbil Corporation (Japan), ELYNX TECHNOLOGIES LLC (US), Schweitzer Engineering Laboratories Inc. (US), Inductive Automation LLC (US), Valmet (Finland), Enbase LLC, Ing. (US), Punzenberger COPA-DATA GmbH (Austria)

MAJOR TOC OF THE REPORT

Chapter One: SCADA Market Overview

Chapter Two: Manufacturers Profiles

Chapter Three: Global SCADA Market Competition, by Players

Chapter Four: Global SCADA Market Size by Offering (Hardware, Software, Services)

Chapter Five: Global SCADA Market Revenue by Component (Human-Machine Interface, Remote Terminal Unit, Programmable Logic Controller, Communication System, Others)

Chapter Six: Global SCADA Market Revenue by Deployment Type (On-Premise, Cloud)

Chapter Seven: Global SCADA Market Revenue by End User (Process Industry, Discrete Manufacturing, Utilities)