Global SCADA Market Report, published by Variant Market Research, forecast that the global market was valued at $31 billion in 2016 and expected to reach $48 billion by 2024; growing at a CAGR of 5.7% from 2016 to 2024. In geographical segments, Rest of the World (RoW) and Asia Pacific anticipated to grow at a fastest CAGR of 6.6% and 6.4%, respectively, over the forecast period 2016 – 2024.

Driving factors of the global Supervisory control and data acquisition (SCADA) market are penetration of Supervisory control and data acquisition (SCADA) across different industries, rising technological advancements, incorporation of SCADA in IT companies, and increasing demand for process automation in energy sector. Though, cyber security may hamper the market growth. Furthermore, cloud-based SCADA and opportunities from different small enterprises from emerging economies would unfold attractive business opportunities for the market in the coming years.

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The global SCADA market has been categorized into architecture, component, application and geography. Architecture segment contains hardware, software and services. Component segment is further categorized into programmable logic control (PLC), SCADA communication systems, remote terminal unit (RTU), human machine interface (HMI), and others. Human machine interface held the major market share of 33.6% in 2016, followed by programmable logic controller with market share of 30.3%. Furthermore, application segment is bifurcated into chemicals, water & wastewater, electric power, transportation, oil & gas, food & beverages, manufacturing, telecommunication, pharmaceuticals, and others. Electric power and chemicals were predominant in the market with share of 17.5% and 14.6% respectively in 2016.

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North America, Europe, Asia-Pacific and Rest of the World (RoW) are the major regions covered in the report. RoW is the highest growing region in the market, due to rising use of SCADA in oil & energy sector. In addition, North America was predominant in the market with the major share of 34.4%.

The major key players operating in the global SCADA market are Honeywell International, Mitsubishi Electric Corporation, IBM Corporation, Schneider Electric SE, Hitachi, Ltd., General Electric, ABB, GE Intelligent Platforms, B-SCADA Inc., and Siemens AG, among others.

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Scope of SCADA Market

Component Segments

• Programmable Logic Control (PLC)
• Human Machine Interface (HMI)
• SCADA Communication Systems
• Remote Terminal Unit (RTU)
• others

Architecture Segments

• Hardware
• Software
• Services

Application Segments

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

Geography Segments

• North America
o US
o Canada
o Mexico

• Europe
o Germany
o France
o United Kingdom
o Others

• Asia-Pacific
o China
o India
o Japan
o Taiwan
o Others

• RoW
o South America
o Middle East
o Africa

About Variant Market Research

Variant Market Research offers syndicated and customized reports to fulfil clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.

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