SCADA Market Trends, Analysis & Forecast, 2030

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SCADA Market 2030 Top Vendors Analysis, Growth
Drivers and Geographical Analysis
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• Industry Insights

• As per a recent research report, Global SCADA
  Market share is likely to surpass USD 85 billion
  valuation by 2030
• The global SCADA market is slated to register
  promising growth over 2030. SCADA (Supervisory
  Control and Data Acquisition) have gained
  popularity since the advent of technology-based
  trends such as digitization and virtualization of
  different manufacturing operations. As industries
  transition from labor-intensive to tech-centric
  activities, advanced control systems like SCADA
  are being rapidly deployed.
• The technology is faster and easier to operate
  unlike some of the complex hardware systems
  existing today. SCADA systems can effectively and
  accurately operate multiple pieces of hardware
  setups with the help of user-friendly HMI
  software. These technologies also allow
  manufacturers to cut costs through automation and
  reduced training needs.

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• SCADA system companies are focusing on launching
  new software programs and tools to address the
  growing demand for automated technologies. In
  March 2021, Mitsubishi Electric extended its
  portfolio of SCADA products in EMEA with the
  launch of two new software solutions under the
  series name GENESIS64. The tools will each cater
  to small production lines and large-scale
  monitoring needs of utility sectors, factories,
  and buildings.
• Energy transition has further accelerated
  investments and acquisitions of SCADA providers.
  For instance, in April 2022, SCADA International
  announced an investment from Magnesium Capital
  LLP, a London-based energy transition investor.
  The acquisition will enable both companies to
  provide next-generation SCADA and control
  solutions for the renewable sector.
• The SCADA industry is segregated into component,
  application, and region.
• Based on component, the market is fragmented into
  remote terminal units (RTUs), human-machine
  interface (HMI), programmable logic controller
  (PLC), and others. In 2021, the remote terminal
  units (RTUs) segment accounted for more than 41
  revenue share of the SCADA industry.

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• Regional Analysis

Middle East Africa SCADA market size is
projected to register over 4.4 CAGR between
2022-2030 driven by the large-scale deployment of
these systems in the oil and gas sector. The
adoption of SCADA solutions by utility
distribution and wastewater management companies
in MEA has also picked up the pace. For instance,
the National Water Company (NWC) of Saudi Arabia
has extensively deployed PLC-based SCADA systems
across several water wastewater treatment
plants situated in residential areas.

• Competitive Analysis

• ABB Ltd., Siemens AG, Emerson Electric Co.,
  Rockwell Automation, Inc., Schneider Electric SE,
  Yokogawa Electric Corporation, Honeywell
  International Inc., Mitsubishi Electric, Omron
  Corporation

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