Global SCADA Market in Process Industries 2016-2020

February 10, 2016
This market research report provides a comprehensive analysis of the global SCADA market in process industries by application (services and solutions), by end users (oil and gas, power, water and wastewater, pharmaceuticals, chemical, and others). It outlines the market shares for key regions such as the Americas, APAC, and EMEA. The key vendors analyzed in this report are ABB, Emerson Electric, Schneider Electric, and Siemens.

Market overview of the SCADA market in process industries

Technavio’s market research analyst predicts the global SCADA market in process industries to grow at a CAGR of more than 5% during the forecast period. The rise of the smart grid technology has augmented the growth of this market. Smart grid systems allow monitoring, analysis, control, and communication between energy retailers, distributors, and customers. SCADA uses data from smart meters and sensors equipped with smart grids to measure and monitor electricity consumption, feed-in and flows, analyze information, and automatically execute the decisions to optimize grid operations. The smart grid is also making inroads in South East Asia with the installation of smart grid testbeds in Thailand, AMI in the Philippines, and home energy management systems in Singapore. Technavio’s analyst expects government and private energy utility companies in these countries to install or upgrade their existing SCADA network owing to increased proliferation of smart grid applications.

The growing popularity of SCADA as a service is anticipated to aid market growth over the next four years. SCADA providers and end-users can significantly reduce costs, achieve greater flexibility, and enhance functionality by shifting to the cloud-based environment. This research report predicts cloud-based SCADA solutions to reduce end-users' costs up to 80% compared to traditional SCADA systems in the process industry during the forecast period.

Segmentation by application of the SCADA market in process industries

  • Services
  • Solutions

The solutions segment accounted for more than 50% of the market share during 2015. Advances in technology in factory automation, especially in wireless sensor networks (WSNs), human machine interface (HMI), and control systems, have fueled the growth of SCADA solutions in process industries. Moreover, the adoption of high-speed communication ports and high-power CPUs, connected to field instruments that measure pressure, temperature, and rate of flow in the process industries have sparked the widespread use of SCADA automation solutions by end-users.

End-user segmentation of the SCADA market in process industries

  • Oil and gas
  • Power
  • Water and wastewater
  • Pharmaceuticals
  • Chemical
  • Others

The oil and gas segment led the market during 2015, accounting for a market share of more than 24%. As plants in the oil and gas industry cover a vast area, SCADA system monitors and controls remote units by integrating outstations with the control system of the entire plant. It visualizes and operates processes, production flows, and machines in oil and gas plants. Numerous oil and gas companies are integrating SCADA solutions with their enterprise resource planning (ERP) and manufacturing execution system (MES) frameworks, which require continuous maintenance and support from the automation vendors. This will give more opportunities for vendors to enhance their revenue.

Competitive landscape and key vendors

The SCADA market is associated with end-user experiences, expenses, and response time. The end-users rely on their experiences from past purchases, to continue future relationships with the vendors. The established international automation vendors dominate the local and regional vendors in terms of quality, durability, reliability, and technological innovations. These vendors are also making heavy investments in R&D and M&A to upgrade their automation technology and are offering a broad range of SCADA services. However, several new vendors are entering the market and offering automation services at competitive prices, forcing major suppliers to adopt the low-price strategy.

The leading vendors in the market are -

  • ABB
  • Emerson Electric
  • Schneider Electric
  • Siemens

Other prominent vendors in the market include GE, Honeywell, Mitsubishi, Omron, Rockwell Automation, and Yokogawa Electric.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global SCADA market in process industries?
  • What are the key market trends impacting the growth of the SCADA market in process industries?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the vendors in the global SCADA market in process industries?
  • What are the trending factors influencing the market shares of the Americas, APAC, and EMEA?
  • What are the key outcomes of the five forces analysis of the SCADA market in process industries?

Technavio also offers customization on reports based on specific client requirement.

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