Power SCADA Market Analysis and Forecast to 2033: By Architecture (Software, Hardware, Services), Component (Master Terminal Unit (MTU), Remote Terminal Unit (RTU), Human Machine Interface (HMI), Programmable Logic Controller (PLC), Communication System, Intelligent Electronic Device (IEDs), Others), End User (Oil & Gas, Water and Wastewater, Metal and Mining, Chemicals, Transportation, Others), and Region

Power SCADA is a monitoring and control system for electric power distribution networks. It is used to monitor and control the flow of electricity from the power generation source to the end user. Power SCADA systems are used to manage the distribution of power from the power plant to the substations and from the substations to the end user. The system is designed to provide real-time information on the status of the power network, and to allow the operators to control the flow of electricity through the network.

The global Power SCADA Market was valued at US$ 2.0 billion in 2023 and it is anticipated to grow up to US$ 3.6 billion by 2033, at a CAGR of 5.9% during the forecast period.

Global Power SCADA Market Scope and Report Structure

Report Attribute Details
Market Size in 2023USD 2.0 Billion
Market Size in 2033USD 3.6 Billion
Growth Rate (2023-33)5.9%
Historic Period2017-2022
Forecast Period2024-2033
Base Year2023
Segments CoveredArchitecture, Component, End user, and Region
Key CompaniesABB, Siemens, Emerson, Schneider Electric, Mitsubishi Electric, Honeywell, Yokogawa Electric Corporation, Rockwell Automation, PSI AG, and Motorola Solutions.
Regional ScopeNorth America, Europe, Asia Pacific, Central & South America, Middle East & Africa
Analysis CoverageMarket Forecast, Competitive Landscape, Drivers, Trends, Restraints, Opportunities, Value-Chain, PESTLE, Key Events and Developments
Key Trends

There are several key trends in Power SCADA technology:

1. The move towards open standards: This is a trend that is being driven by the need for interoperability between different systems and devices. Open standards allow different systems to communicate with each other and share data more easily.

2. The use of web-based technologies: Web-based technologies such as HTML5 and CSS3 are becoming more widely used in Power SCADA systems. This is because they offer a more user-friendly interface and allow for more flexibility in terms of design and functionality.

3. The increasing use of mobile technologies: Mobile technologies such as smartphones and tablets are being used more and more to access Power SCADA systems. This is because they offer a convenient way to view data and control systems remotely.

4. The trend towards cloud-based solutions: Cloud-based solutions offer a number of advantages over traditional on-premise solutions, such as reduced costs, increased flexibility, and scalability.

Key Drivers

The key drivers of the Power SCADA market are the need for real-time monitoring and control of the power grid, the need to improve grid efficiency and reliability, and the need to reduce operational costs.

The power grid is a critical infrastructure that must be monitored and controlled in real-time to ensure its stability and reliability. Power SCADA systems allow utilities to do this by providing a centralized platform for monitoring and controlling the grid.

Power SCADA systems can also help utilities improve grid efficiency and reduce operational costs. By automating grid operations and providing real-time visibility into grid conditions, Power SCADA systems can help utilities optimize grid performance and reduce the need for manual intervention.

Restraints & Challenges

There are a few key restraints and challenges in the Power SCADA market. Firstly, the high cost of these systems can be a challenge for some companies. Additionally, the complexity of these systems can make them difficult to implement and maintain. Additionally, the ever-changing nature of the power grid can make it difficult to keep these systems up-to-date.

Global Power SCADA Market Segmental Overview

The report analyses the global Power SCADA Market based on architecture, component, end-user, and region.

Global Power SCADA Market by Architecture

Based on architecture, it is segmented into software, hardware, and services. The hardware segment had the highest revenue share and is expected to continue to dominate the market over the period. This expansion might be ascribed to increased demand for electricity SCADA in the APAC area. The Mexican government encourages firms to use renewable energy and modernize their industrial grids. The majority of grid modernization work in Mexico has included integrated communication technologies like SCADA systems in substation and distribution automation. The hardware category is predicted to increase at the fastest during the forecast period, owing to the growing need for cutting-edge software and the capacity to manage large amounts of data while avoiding assaults.

Global Power SCADA Market by Component

        

Based on component, it is bifurcated into Master Terminal Unit (MTU), Remote Terminal Unit (RTU), Human Machine Interface (HMI), Programmable Logic Controller (PLC), Communication System, Intelligent Electronic Device (IEDs), and Others. The Remote Terminal Unit (RTU) segment has dominated the market and expected to expand the fastest. In a power SCADA system, a remote terminal unit (RTU) is an electronic device deployed at a remote site to gather data via actuators and sensors and communicate the information back to the master terminal station, generally based on the master station’s request. RTUs are geographically spread across several locations, gathering and transmitting real-time data to the master station via LAN/WAN (radio signals, telephone lines, cable connections, satellite, and microwave media, among others). The number of RTUs placed in any electricity SCADA system to gather real-time information greatly influences the accuracy of the control system.

Global Power SCADA Market by End User

Based on end user, it is segmented into Oil & Gas, Water and Wastewater, Metal and Mining, Chemicals, Transportation, and Others. The Oil & Gas segment is expected to be the largest segment in the Power SCADA Market. Oil and gas is one of the most important sectors in terms of market revenue creation. This industry’s processes are extremely complicated, time-consuming, and important. Power SCADA systems are widely used in the oil and gas industry. In these industries, using power SCADA systems ensures safety, dependability, and profitability in oil and gas operations. Extreme operational conditions, financial limits, profit concerns, safety concerns, and potential environmental threats are all part of the sector. Oil and gas facilities are vulnerable to accidents that can harm people, assets, and the environment both inside and outside of the facility. Power SCADA systems, in conjunction with power management, may significantly lower the risk of accidents at these facilities.

Geographical Analysis of Global Power SCADA Market

Region-wise, it is studied across North America, Europe, Asia Pacific, and the Rest of the World. The Asia Pacific region Power SCADA Market had the highest revenue share followed by North America. China and Japan, which are among the region’s and the world’s largest users, account for the lion’s share of the power SCADA market. The power SCADA market in this area is predicted to be driven by fast-growing economies, rising population demand, the need for high-quality goods, and higher production rates. The market in China is predicted to expand primarily due to an increase in the number of manufacturing facilities in China, which is likely to produce a significant need for electricity SCADA. APAC has a significant demand for process automation and instrumentation due to increased expenditures in power transmission and distribution in the industrial sector. All of these reasons are projected to fuel the growth of the Asia Pacific power SCADA market.

Major Players in the Global Power SCADA Market

The key players studied in the global Power SCADA Market are ABB, Siemens, Emerson, Schneider Electric, Mitsubishi Electric, Honeywell, Yokogawa Electric Corporation, Rockwell Automation, PSI AG, and Motorola Solutions.

COVID-19 Impact

The coronavirus’s negative worldwide repercussions are already visible, and it will have a significant influence on the power SCADA market in 2020. Following the COVID-19 virus outbreak in December 2019, the World Health Organization (WHO) issued a public health emergency. The epidemic has spread to over 100 countries, resulting in significant mortality worldwide. Exports and imports, global manufacturing, tourism, and the financial sector have all suffered significantly. The world economy’s downward pressure, which had earlier shown indications of recovery, has increased once more. The viral pandemic has added risk elements to the international economy’s already slow growth. Many international organizations have indicated that the global economy is going through its most challenging period since the financial crisis. Import and export restrictions have had a significant impact on electricity SCADA since the outbreak since customers’ consumption and demand patterns have changed because of the pandemic.

Recent Developments

  • In February 2021, Honeywell signed a deal with SEPCO Electric Power Construction Corporation to offer safety and security systems, linked control, and telecommunications services to a shipyard under construction in Saudi Arabia.
  • In August 2020, Schneider collaborated with Temasek to buy Larsen and Toubro’s electrical and automation division. Schneider Electric holds 65% of the purchased L&T business segment, with Temasek owning the remainder. This purchase will boost Schneider Electric’s low-voltage solutions and Industrial Automation division, as well as assist it in developing in the Middle East, Africa, and East Asia since L&T has significant R&D and engineering skills.

Power SCADA Market Market Report Coverage

  • The report offers a comprehensive quantitative as well as qualitative analysis of the current Power SCADA Market Market outlook and estimations from 2023 to 2033, which helps to recognize the prevalent opportunities.
  • The report also covers qualitative as well as quantitative analysis of Power SCADA Market Market in terms of revenue ($Million).
  • Major players in the market are profiled in this report and their key developmental strategies are studied in detail. This will provide an insight into the competitive landscape of the Power SCADA Market industry.
  • A thorough analysis of market trends and restraints is provided.
  • By region as well as country market analysis is also presented in this report.
  • Analytical depiction of the Power SCADA Market Market along with the current trends and future estimations to depict imminent investment pockets. The overall Power SCADA Market industry opportunity is examined by understanding profitable trends to gain a stronger foothold.
  • Porter’s five forces analysis, SWOT analysis, Pricing Analysis, Case Studies, COVID-19 impact analysis, Russia-Ukraine war impact, and PESTLE analysis of the Power SCADA Market Market are also analyzed

Frequently Asked Questions

Q1. How big is the Power SCADA Market?

Ans. The global Power SCADA Market size was US$ 2.0 billion in 2022 and is anticipated to reach US$ 3.6 billion in 2033, growing at a rate of 5.9% from 2023 to 2033.

Q2. What is the Power SCADA Market growth rate?

Ans. The growth rate of the Power SCADA Market is 5.9% from 2022 to 2032.

Q3. Which region holds a major market share for the Power SCADA Market?

Ans. Asia Pacifc region holds a major market share of the Power SCADA Market in 2022.

Q4. Which segment accounted for the largest Power SCADA Market share?

Ans. Based on architecture, it is segmented into software, hardware, and services. The hardware segment had the highest revenue share and is expected to continue to dominate the market over the period.

Q5. Who are the key players in the Power SCADA Market?

Ans. The global Power SCADA Market report includes players such as ABB, Siemens, Emerson, Schneider Electric, Mitsubishi Electric, Honeywell, Yokogawa Electric Corporation, Rockwell Automation, PSI AG, and Motorola Solutions.

Q6. What are the factors driving the Power SCADA Market growth?

Ans. The major factor driving the growth of the market are the need for real-time monitoring and control of the power grid, the need to improve grid efficiency and reliability, and the need to reduce operational costs.

Q7. What are the key growth strategies of Power SCADA Market players?

Ans. The key growth strategies of Power SCADA Market players are product launch, partnerships, and government initiatives.

Q8. Which region will provide more business opportunities for the Power SCADA Market during the forecast period?

Ans. The Asia Pacific region will provide more business opportunities for the Power SCADA Market during the forecast period.

 

Why GIS?

Table of Contents

Chapter 1. Market Introduction
1.1. Objectives of the Study
1.2. Market Definition and Research & Scope
1.3. Research Methodologies
1.4. Market Estimation Techniques

Chapter 2. Executive Summary
2.1. Summary
2.2. Key Highlights of the Market

Chapter 3. Power SCADA Market Outlook
3.1. Power SCADA Market Segmentation
3.2. Market Dynamics
3.2.1. Market Drivers
3.2.1.1. Driver 1
3.2.1.2. Driver 2
3.2.1.3. Driver 3
3.2.2. Market Restraints
3.2.2.1. Restraint 1
3.2.2.2. Restraint 2
3.2.3. Market Opportunities
3.2.3.1. Opportunity 1
3.2.3.2. Opportunity 2
3.3. Porter’s Five Forces Analysis
3.3.1. Threat of New Entrants
3.3.2. Threat of Substitutes
3.3.3. Bargaining Power of Buyers
3.3.4. Bargaining Power of Supplier
3.3.5. Competitive Rivalry
3.4. PESTLE Analysis
3.5. Value Chain Analysis
3.5.1. Raw Material Suppliers
3.5.2. Manufacturers
3.5.3. Wholesalers and/or Retailers
3.6. Impact of the Russia and Ukraine War on the Global Power SCADA Market

Chapter 4. Economic Impact of COVID-19
4.1. Overall Impact of COVID-19
4.2. Impact of COVID On the Global Power SCADA Market
4.3. Economic Impact Analysis

Chapter 5. Power SCADA Market by Architecture
5.1. Market Overview
5.2. Hardware
5.2.1. Market Size and Forecast ($Million)
5.2.2. Market Size and Forecast, by Region ($Million)
5.3. Software
5.3.1. Market Size and Forecast, ($Million)
5.3.2. Market Size and Forecast, by Region ($Million)
5.4. Services
5.4.1. Market Size and Forecast ($Million)
5.4.2. Market Size and Forecast, by Region($Million)

Chapter 6. Power SCADA Market by Component
6.1. Market Overview
6.2. Master Terminal Unit
6.2.1. Market Size and Forecast, ($Million)
6.2.2. Market Size and Forecast, by Region, ($Million)
6.3. Remote Terminal Unit
6.3.1. Market Size and Forecast,  ($Million)
6.3.2. Market Size and Forecast, by Region, ($Million)
6.4. Human Machine Interface
6.4.1. Market Size and Forecast,  ($Million)
6.4.2. Market Size and Forecast, by Region,  ($Million)
6.5. Others
6.5.1. Market Size and Forecast, ($Million)
6.5.2. Market Size and Forecast, by Region,  ($Million)

Chapter 7. Power SCADA Market by End-User
7.1. Market Overview
7.2. Oil & Gas
7.2.1. Market Size and Forecast, ($Million)
7.2.2. Market Size and Forecast, by Region, ($Million)
7.3. Chemicals
7.3.1. Market Size and Forecast, ($Million)
7.3.2. Market Size and Forecast, by Region, ($Million)
7.4. Transportation
7.4.1. Market Size and Forecast, ($Million)
7.4.2. Market Size and Forecast, by Region, ($Million)
7.5. Others
7.5.1. Market Size and Forecast, ($Million)
7.5.2. Market Size and Forecast, by Region, ($Million)

Chapter 8. Power SCADA Market, by Region
8.1. Overview
8.2. North America
8.2.1. Key Market Trends and Opportunities
8.2.2. North America Power SCADA Market Size and Forecast by Architecture,  ($Million)
8.2.3. North America Power SCADA Market Size and Forecast by Component, ($Million)
8.2.4. North America Power SCADA Market Size and Forecast by End-User, ($Million)
8.2.5. North America Power SCADA Market Size and Forecast by Country, ($Million)
8.2.6. The U.S.
8.2.6.1. The U.S. Power SCADA Market Size and Forecast by Architecture ($Million)
8.2.6.2. The U.S. Power SCADA Market Size and Forecast by Component, ($Million)
8.2.6.3. The U.S. Power SCADA Market Size and Forecast by End-User, ($Million)
8.2.7. Canada
8.2.7.1. Canada Power SCADA Market Size and Forecast by Architecture ($Million)
8.2.7.2. Canada Power SCADA Market Size and Forecast by Component ($Million)
8.2.7.3. Canada Power SCADA Market Size and Forecast by End-User ($Million)
8.2.8. Mexico
8.2.8.1. Mexico Power SCADA Market Size and Forecast by Architecture ($Million)
8.2.8.2. Mexico Power SCADA Market Size and Forecast by Component ($Million)
8.2.8.3. Mexico Power SCADA Market Size and Forecast by End-User,($Million)
8.3. Europe
8.3.1. Key Market Trends and Opportunities
8.3.2. Europe Power SCADA Market Size and Forecast by Architecture ($Million)
8.3.3. Europe Power SCADA Market Size and Forecast by Component,($Million)
8.3.4. Europe Power SCADA Market Size and Forecast by End-User ($Million)
8.3.5. Europe Power SCADA Market Size and Forecast by Country ($Million)
8.3.6. Germany
8.3.6.1. Germany Power SCADA Market Size and Forecast by Architecture ($Million)
8.3.6.2. Germany Power SCADA Market Size and Forecast by Component ($Million)
8.3.6.3. Germany Power SCADA Market Size and Forecast by End-User ($Million)
8.3.7. France
8.3.7.1. France Power SCADA Market Size and Forecast by Architecture ($Million)
8.3.7.2. France Power SCADA Market Size and Forecast by Component ($Million)
8.3.7.3. France Power SCADA Market Size and Forecast by End-User ($Million)
8.3.8. U.K.
8.3.8.1. U.K. Power SCADA Market Size and Forecast by Architecture ($Million)
8.3.8.2. U.K. Power SCADA Market Size and Forecast by Component ($Million)
8.3.8.3. U.K. Power SCADA Market Size and Forecast by End-User ($Million)
8.3.9. Spain
8.3.9.1. Spain Power SCADA Market Size and Forecast by Architecture ($Million)
8.3.9.2. Spain Power SCADA Market Size and Forecast by Component ($Million)
8.3.9.3. Spain Power SCADA Market Size and Forecast by End-User ($Million)
8.3.10. Italy
8.3.10.1. Italy Power SCADA Market Size and Forecast by Architecture, ($Million)
8.3.10.2. Italy Power SCADA Market Size and Forecast by Component, ($Million)
8.3.10.3. Italy Power SCADA Market Size and Forecast by End-User, ($Million)
8.3.11. Rest of Europe
8.3.11.1. Rest of Europe Power SCADA Market Size and Forecast by Architecture, ($Million)
8.3.11.2. Rest of Europe Power SCADA Market Size and Forecast by Component,  ($Million)
8.3.11.3. Rest of Europe Power SCADA Market Size and Forecast by End-User, ($Million)
8.4. Asia-Pacific
8.4.1. Key Market Trends and Opportunities
8.4.2. Asia-Pacific Power SCADA Market Size and Forecast by Country ($Million)
8.4.3. Asia-Pacific Power SCADA Market Size and Forecast by Component ($Million)
8.4.4. Asia-Pacific Power SCADA Market Size and Forecast by Architecture ($Million)
8.4.5. Asia-Pacific Power SCADA Market Size and Forecast by End-User ($Million)
8.4.6. China
8.4.6.1. China Power SCADA Market Size and Forecast by Architecture ($Million)
8.4.6.2. China Power SCADA Market Size and Forecast by Component ($Million)
8.4.6.3. China Power SCADA Market Size and Forecast by End-User ($Million)
8.4.7. India
8.4.7.1. India Power SCADA Market Size and Forecast by Architecture ($Million)
8.4.7.2. India Power SCADA Market Size and Forecast by Component ($Million)
8.4.7.3. India Power SCADA Market Size and Forecast by End-User ($Million)
8.4.8. Japan
8.4.8.1. Japan Power SCADA Market Size and Forecast by Architecture ($Million)
8.4.8.2. Japan Power SCADA Market Size and Forecast by Component ($Million)
8.4.8.3. Japan Power SCADA Market Size and Forecast by End-User ($Million)
8.4.9. South Korea
8.4.9.1. South Korea Power SCADA Market Size and Forecast by Architecture ($Million)
8.4.9.2. South Korea Power SCADA Market Size and Forecast by Component ($Million)
8.4.9.3. South Korea Power SCADA Market Size and Forecast by End-User ($Million)
8.4.10. Rest of APAC
8.4.10.1. Rest of APAC Power SCADA Market Size and Forecast by Architecture ($Million)
8.4.10.2. Rest of APAC Power SCADA Market Size and Forecast by Component ($Million)
8.4.10.3. Rest of APAC Power SCADA Market Size and Forecast by End-User ($Million)
8.5. Rest of the World
8.5.1. Key Market Trends and Opportunities
8.5.2. Rest of the World Power SCADA Market Size and Forecast by Architecture ($Million)
8.5.3. Rest of the World Power SCADA Market Size and Forecast by Component ($Million)
8.5.4. Rest of the World Power SCADA Market Size and Forecast by End-User ($Million)
8.5.5. Rest of the World Power SCADA Market Size and Forecast by Country ($Million)
8.5.6. Latin America
8.5.6.1. Latin America Power SCADA Market Size and Forecast by Architecture ($Million)
8.5.6.2. Latin America Power SCADA Market Size and Forecast by Component ($Million)
8.5.6.3. Latin America Power SCADA Market Size and Forecast by End-User ($Million)
8.5.7. Middle East
8.5.7.1. Middle East Power SCADA Market Size and Forecast by Architecture ($Million)
8.5.7.2. Middle East Power SCADA Market Size and Forecast by Component ($Million)
8.5.7.3. Middle East Power SCADA Market Size and Forecast by End-User ($Million)
8.5.8. Africa
8.5.8.1. Africa Power SCADA Market Size and Forecast by Architecture ($Million)
8.5.8.2. Africa Power SCADA Market Size and Forecast by Component ($Million)
8.5.8.3. Africa Power SCADA Market Size and Forecast by End-User ($Million)

Chapter 9. Competitive Landscape
9.1. Market Overview
9.2. Market Share Analysis/Key Player Positioning
9.3. Developmental Strategy Benchmarking
9.3.1. New Product Development
9.3.2. Product Launches
9.3.3. Business Expansions
9.3.4. Partnerships, Joint Ventures, and Collaborations
9.3.5. Mergers and Acquisitions

Chapter 10. Company Profiles
10.1. ABB
10.1.1. Company Snapshot
10.1.2. Financial Performance
10.1.3. Product Offerings
10.1.4. Key Strategic Initiatives
10.1.5. SWOT Analysis
10.2. Siemens
10.2.1. Company Snapshot
10.2.2. Financial Performance
10.2.3. Product offerings
10.2.4. Key Strategic Initiatives
10.2.5. SWOT Analysis
10.3. Emerson
10.3.1. Company Snapshot
10.3.2. Financial Performance
10.3.3. Product offerings
10.3.4. Key Strategic Initiatives
10.3.5. SWOT Analysis
10.4. Schneider Electric
10.4.1. Company Snapshot
10.4.2. Financial Performance
10.4.3. Product offerings
10.4.4. Key Strategic Initiatives
10.4.5. SWOT Analysis
10.5. Mitsubishi Electric
10.5.1. Company Snapshot
10.5.2. Financial Performance
10.5.3. Product offerings
10.5.4. Key Strategic Initiatives
10.5.5. SWOT Analysis
10.6. Honeywell
10.6.1. Company Snapshot
10.6.2. Financial Performance
10.6.3. Product offerings
10.6.4. Key Strategic Initiatives
10.6.5. SWOT Analysis
10.7. Yokogawa Electric Corporation
10.7.1. Company Snapshot
10.7.2. Financial Performance
10.7.3. Product offerings
10.7.4. Key Strategic Initiatives
10.7.5. SWOT Analysis
10.8. Rockwell Automation
10.8.1. Company Snapshot
10.8.2. Financial Performance
10.8.3. Product offerings
10.8.4. Key Strategic Initiatives
10.8.5. SWOT Analysis
10.9. PSI AG
10.9.1. Company Snapshot
10.9.2. Financial Performance
10.9.3. Product offerings
10.9.4. Key Strategic Initiatives
10.9.5. SWOT Analysis
10.10. Motorola Solutions
10.10.1. Company Snapshot
10.10.2. Financial Performance
10.10.3. Product offerings
10.10.4. Key Strategic Initiatives
10.10.5. SWOT Analysis

*The list of company is subject to change during the final compilation of the report
Key Players
  • ABB
  • Siemens
  • Emerson
  • Schneider Electric
  • Mitsubishi Electric
  • Honeywell
  • Yokogawa Electric Corporation
  • Rockwell Automation
  • PSI AG
  • Motorola Solutions
Market Segments

By Architecture

  • Hardware
  • Software
  • Services

By Component

  • Master Terminal Unit (MTU)
  • Remote Terminal Unit (RTU)
  • Human Machine Interface (HMI)
  • Programmable Logic Controller (PLC)
  • Communication System
  • Intelligent Electronic Devices (IEDs)
  • Other

By End-User

  • Oil & Gas
  • Water and Wastewater
  • Metal and Mining
  • Chemicals
  • Transportation
  • Others

By Region

  • North America
    • The U.S.
    • Canada
    • Mexico
  • Europe
    • The UK
    • Germany
    • France
    • Spain
    • Rest of Europe
  • The Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Rest of Asia-Pacific
  • Rest of the World
    • Latin America
    • The Middle East
    • Africa

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