Global SCADA Market is expected to grow at a CAGR of 5.89% over the forecast period to reach US$18.666 billion by 2021, from US$13.243 billion in 2015. SCADA (Supervisory Control and Data Acquisition) is used to gather and analyze real time data and comprises of remote terminal units, programmable logic controller, telemetry and human machine interface. The major factors fueling the growth of the industry is the need for high uptime, increase in operational efficiency, ease of controlling and monitoring of the industrial process and superior quality & quantity. High investments in infrastructure for various sectors and High Potential from renewable energy sector, supplement the growth of the industry. However, the major restraining factor is the cyber security threat which is being faced frequently by the market.
The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Next section provides comprehensive market dynamics through an overview section along with growth drivers, challenges, and opportunities which exist in the current market. This section of the report also provides supplier and industry outlook as a whole; key industry, global and regional regulations which are determining the market growth and a brief technological aspect of SCADA solutions. Complete industry analysis has also been covered by Porter’s Five Forces model as a part of this report section.
Thirdly, SCADA Market has been segmented by component, end user industry, architecture and geography. By component type, market is segmented as Remote Terminal Units (RTU’s), Programmable Logic Controller (PLC) and SCADA Communication System. By end user industry, the segmentation has been done as Energy and Power, Oil and Gas, Travel and Transport, Communication and Technology, Manufacturing, Healthcare and Others. By architecture, Software, Hardware and Services have been covered comprehensively. Important regions for vendors in terms of market size are covered through detailed geographical segmentation which include Americas, Europe Middle East and Africa, and Asia Pacific.
Finally, competitive intelligence section deals with major players in the market, their market shares, growth strategies, products, financials, and recent investments among others. Key industry player profiles as part of this section are Siemens AG, Alstom, General Electric, Omron, Rockwell Automation among other companies.