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Table of Contents
SCADA stands for supervisory control and data acquisition. Electrical SCADA systems are important as it is impossible to keep control and supervision on all industrial activities manually hence some automated tool is required which can control, supervise, collect data, analyses data and generate reports. Electrical SCADA is an industrial control system where a computer system monitoring and controlling a process. SCADA monitor and control entire sites, or complexes of systems spread out over large areas (anything between an industrial plant and a country).
Components of Electrical SCADA system includes master terminal unit (MTU), remote terminal unit (RTU), human machine interface (HMI), programmable logic controller (PLC) and communication system. MTU gathers data on the process and sending commands (or control) to the process. RTU connect to sensors in the process, converting sensor signals to digital data and sending digital data to the supervisory system. HMI is an interface which presents process data to a human operator. PLC is used as field devices. Communication systems provide connectivity to the supervisory system to the Remote Terminal Units.
Electrical SCADA system is segmented into hardware, software and services on architecture basis. The hardware segment holds largest share and with rising investments focused on automated devices in power infrastructure are expected to drive the hardware segment. Further, electrical SCADA system is segmented into generation, transmission and distribution on application basis. Transmission is the largest segment of the electrical SCADA market. SCADA systems are widely used into different industries including electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals, and others.
North America is the largest electrical SCADA market followed by Europe due to improved infrastructure, government initiatives and support for technological advancements. Asia Pacific region is expected to grow at the highest CAGR during forecast period. Rapidly increasing investments in electrical networks and government initiatives toward the adoption of industrial automation is boosting this market. High investments in setting up of the SCADA system, concerns regarding data security and cyber security are the major challenges which is hindering this market.
Electrical SCADA Market : Architecture Type
Electrical SCADA Market : Component Type
Electrical SCADA Market : Application
Global Electrical SCADA Market: Competitive Analysis
Report includes accurate analysis of key players with Market Value, Company profile, SWOT analysis. The Study consists of following key players in Global Electrical SCADA Market:
Geographical analysis of Electrical SCADA Market :
Global Electrical SCADA Market Report delivers a comprehensive analysis of the following parameters:
Parameters | Details |
---|---|
Base Year |
2024 |
Historical Data |
2018-2023 |
Forecast Data |
2024-2030 |
Base Year Value (2024) |
USD 3577.14 million |
Forecast Value (2031) |
USD 5781.78 million |
CAGR (2025-2030) |
7.1 % |
Regional Scope |
North America, Europe, Asian Pacific, Latin America, Middle East and Africa, and ROW |
Electrical SCADA Market was valued at around USD 3577.14 million in 2023 & estimated to reach USD 5781.78 million by 2030.
Electrical SCADA Market is likely to grow at Compound Annual Growth Rate (CAGR) of 7.1% between 2024 to 2030.
Electrical SCADA Market is dominated by the Hardware segment and the North America region holds the highest market share in 2023.
Some of the top key players in the Electrical SCADA Market are ABB, Siemens, Schneider Electric, Mitsubishi Electric, Honeywell, Yokogawa Electric Corporation, Open System International, Advanced Control Systems, Larsen and Toubro, Rockwell Automation, Bentek Systems.
Primary driving factors for the growth of the Electrical SCADA Market include Rapidly increasing investments in electrical networks and government initiatives toward the adoption of industrial automation.
Yes, the report includes COVID 19 impact on the market.
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