Enjoy complimentary customisation on priority with our Enterprise License!
The Supervisory Control and Data Acquisition (SCADA) Market size in Process Industries is estimated to grow by USD 3.20 billion at a CAGR of 8.64% between 2022 and 2027. The market size is forecast to increase. The growth of the market depends on several factors, such as the need to reduce energy losses in metal, mining, and mineral industries, the growing demand for monitoring, visualizing and controlling equipment in process industries, and the increasing adoption of mobile SCADA systems in process industries.
To learn more about this report, Request Free Sample
This market analysis report extensively covers market segmentation by end-user (chemical industry, oil and gas industry, food and beverage industry, pharmaceutical industry, and others), component (solution and services), and geography (APAC, North America, Europe, Middle East and Africa, and South America).
The chemical industry segment will account for a major share of the market's growth during the forecast period. SCADA automation systems find application in a range of industries including chemical plants, pesticide formulation facilities, soap and detergent manufacturing plants, and edible oil refineries. Among these, the chemical industry is making significant investments in process control and automation technologies.
Get a Customised Report as per your requirements for FREE!
The chemical industry segment was the largest and was valued at USD 1.31 billion in 2017. SCADA systems offer several benefits within the chemical industry, including the capability to monitor and manage all operations, ensure quality within safety parameters, analyze processes, and generate reports and visual representations of data. Typical data inputs to stems encompass measurements of environmental factors like temperature, humidity, and air pressure. These advantages contribute to an increase in demand within the chemical industry, thereby propelling the growth of the chemical industry segment within the market during the forecast period.
Based on the component segment, the market has been segmented into solution and services. The solution segment will account for the largest share of this segment. The solutions segment encompasses the essential software and components needed for SCADA automation systems. Within the market in process industries., sensors and HMI systems play a vital role in facilitating interaction with plant operators. The continuous progress in high-speed communication ports and robust CPUs has accelerated the uptake of solutions. These factors collectively contribute to the expected growth of the solutions segment within the market in process industries during the forecast period.
For more insights on the market share of various regions View PDF Sample now!
APAC is estimated to contribute 40% to the growth by 2027. Technavio’s analysts have elaborately explained the regional trends, drivers, and challenges that are expected to shape the market during the forecast period. The SCADA market in process industries is anticipated to experience rapid growth in the APAC region due to significant investments and industrial advancements taking place in this area. Among the five global regions, APAC stands out as the fastest-growing, owing to its diverse industrial landscape encompassing sectors like water and wastewater treatment, power generation, manufacturing, and oil and gas.
Moreover, the adoption of systems in these process industries holds the potential to mitigate operational inefficiencies, distribution issues, and leakages, as systems facilitate comprehensive process monitoring. Additionally, systems include alarm systems that promptly notify about any errors. These combined factors contribute to the accelerated growth of the SCADA market in process industries within the APAC region.
The SCADA market comprises hardware, software, and services, offering a comprehensive solution for industries and organizations worldwide. With human-machine interfaces (HMI) and advanced components, SCADA systems cater to diverse deployment types and applications across process industries, discrete manufacturing, and utilities. Market leaders like ABB Limited, Emerson Electric, and Honeywell Internationale Inc drive efficiency by addressing system issues and minimizing downtime. As urbanization and internet user numbers grow, SCADA systems leverage advanced technologies like big data analytics and cloud computing, facilitated by hardware advancements and wireless sensor networks, including the adoption of 5G technology. This shift towards cloud-based solutions reflects a preference for scalable and adaptable SCADA systems during the forecast period.
Our researchers studied the data for years, with 2022 as the base year and 2023 as the estimated year, and presented the key drivers, trends, and challenges for the market. Although there has been a disruption in the growth of the market during the COVID-19 pandemic, a holistic analysis of drivers, trends, and challenges will help companies refine marketing strategies to gain a competitive advantage.
In many instances, the mining industry employs data-intensive devices; however, these devices often face challenges in efficiently accessing information due to their geographical dispersion. This has generated a demand for control systems such as SCADA, which are designed to address these issues. The primary focus areas for metals, mining, and mineral companies include system integration, operational optimization, and efficient energy management, as enhancements in these domains can offer companies a competitive edge.
Moreover, there is a growing inclination among MMM companies to adopt SCADA in process industries, driven by the systems' ability to provide real-time data on energy flow and losses for energy auditing. These factors are poised to propel the growth of the market trends during the forecast period.
When it comes to production, organizations prioritize reducing operational costs, enhancing fault tolerances, and improving production and cost efficiencies. To achieve these goals, there is a significant demand for adopting SCADA systems in process industries, which can oversee the entire production site. The integration of cloud-based systems with IoT amplifies production efficiency and effectiveness by enhancing the accuracy and accessibility of information which may have a positive impact on the market in process industries.
Moreover, the adoption of such cloud-based SCADA systems is gaining momentum in the medical industry, where these solutions empower doctors to monitor and manage patients' health cost-effectively. Notably, several companies are introducing new iterations of cloud-based systems in process industries. Consequently, the rising interest in cloud-based systems is set to propel the market's expansion in process industries during the forecast period.
SCADA systems employed in process industries are susceptible to cyber-attacks, primarily due to their evolving integration with the Internet to enhance production efficiency. While these systems were originally designed as closed entities with no external interfaces, the adoption of Internet connectivity has introduced new vulnerabilities. In order to mitigate these concerns, vendors should prioritize addressing potential cyber threats through various strategies. This involves designing and configuring systems to ensure the retention of digital evidence, fostering collaborative efforts between inter-organizational public and private entities, and bolstering the skill base by comprehensively understanding the overlap between cyber and physical critical incident response teams.
However, taking proactive measures, such as conducting ex-post analysis of past security incidents, can offer valuable insights into prior threats and system vulnerabilities. This analysis aids in identifying affected targets, understanding system vulnerabilities, and estimating the likelihood of future cyber-attacks. Despite these efforts, the increasing risk posed by cyber-attacks remains a challenge, which could potentially hinder the growth trajectory of the market during the forecast period.
Companies are implementing various strategies, such as strategic alliances, partnerships, mergers and acquisitions, geographical expansion, and product/service launches, to enhance their presence in the market.
ABB Ltd - The company offers Essential HSI Suite with a scalable PC-based SCADA system for real-time operation including a high-performance graphics library.
We also have detailed analyses of the market’s competitive landscape and offer information on 20 market companies, including:
ABB Ltd., ALSTOM SA, ANSYS Inc., Cogent Communications Holdings Inc., eLynx Technologies LLC, Emerson Electric Co., General Electric Co., GlobaLogix, HACI OMER SABANCI HOLDING A.S., Honeywell International Inc., Indi.A GmbH, Inductive Automation LLC, JFE Holdings Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp.
Technavio's market growth analysis report provides an in-depth analysis of the market and its players through combined qualitative and quantitative data. The analysis classifies companies into categories based on their business approaches, including pure-play, category-focused, industry-focused, and diversified. Companies are specially categorized into dominant, leading, strong, tentative, and weak, based on their quantitative data analysis.
Supervisory Control and Data Acquisition (SCADA) systems are pivotal in various industries, facilitating efficient monitoring and control of processes. These systems comprise hardware components like Remote Terminal Units (RTUs) and Programmable Logic Controllers (PLCs), integrated with Human Machine Interface (HMI) for user interaction. With diverse offerings and deployment types, SCADA systems cater to discrete manufacturing and utilities sectors across regions like Asia-Pacific and LAMEA. Market leaders like ABB Limited and Honeywell Internationale Inc drive advancements in SCADA technology, addressing system issues and minimizing downtime. As industries embrace advanced technologies like big data analytics and cloud computing, SCADA systems evolve to meet changing needs, ensuring real-time data management and decision-making capabilities in industrial environments.
SCADA systems are evolving to meet the demands of smart buildings and urbanization trends. As internet users and smart device adoption increase, SCADA technologies are integrating with wireless sensor networks and leveraging 5G technology for enhanced connectivity and data transmission speed. Market players are investing heavily in R&D activities to drive continuous advancements, incorporating robotics technology, artificial intelligence, and machine learning into SCADA systems. With sensor technologies becoming more sophisticated, SCADA solutions offer a wide array of application possibilities across various industries. There's also a noticeable shift in preference towards on-premises SCADA systems, spurred by the need for robust control and security measures amidst the rapid technological evolution.
The market research report forecasts market growth by revenue at global, regional & country levels and provides an analysis of the latest trends and growth opportunities from 2017 to 2027.
SCADA Market In Process Industry Market Scope |
|
Market Report Coverage |
Details |
Page number |
169 |
Base year |
2022 |
Historic period |
2017-2021 |
Forecast period |
2023-2027 |
Growth momentum & CAGR |
Accelerate at a CAGR of 8.64% |
Market growth 2023-2027 |
USD 3.20 billion |
Market structure |
Fragmented |
YoY growth 2022-2023(%) |
7.81 |
Regional analysis |
APAC, North America, Europe, Middle East and Africa, and South America |
Performing market contribution |
APAC at 40% |
Key countries |
US, China, Japan, Germany, and France |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Key companies profiled |
ABB Ltd., ALSTOM SA, ANSYS Inc., Cogent Communications Holdings Inc., eLynx Technologies LLC, Emerson Electric Co., General Electric Co., GlobaLogix, HACI OMER SABANCI HOLDING A.S., Honeywell International Inc., Indi.An GmbH, Inductive Automation LLC, JFE Holdings Inc., Mitsubishi Electric Corp., OMRON Corp., Rockwell Automation Inc., Schneider Electric SE, Siemens AG, and Yokogawa Electric Corp. |
Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period |
Customization purview |
If our market research and growth report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
We can help! Our analysts can customize this market research report to meet your requirements. Get in touch
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Market Segmentation by Component
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Trends
11 Vendor Landscape
12 Vendor Analysis
13 Appendix
Get lifetime access to our
Technavio Insights
Cookie Policy
The Site uses cookies to record users' preferences in relation to the functionality of accessibility. We, our Affiliates, and our Vendors may store and access cookies on a device, and process personal data including unique identifiers sent by a device, to personalise content, tailor, and report on advertising and to analyse our traffic. By clicking “I’m fine with this”, you are allowing the use of these cookies. Please refer to the help guide of your browser for further information on cookies, including how to disable them. Review our Privacy & Cookie Notice.