Smart Infrastructure, Smart Operations: Analyzing the Global SCADA Market Trends

The SCADA market size is anticipated to grow from USD 9.8 billion in 2022 to USD 14.2 billion by 2027, at a CAGR of 7.8% from 2022 to 2027. The rising importance of real-time data to perform process analysis and predictive maintenance in industrial environments and IoT across manufacturing industries are some of the major factors propelling the growth of SCADA market.

Rockwell Automation (US), Schneider Electric (France), Emerson Electric (US), Siemens (Germany) and ABB (Switzerland) are the key players in the SCADA market globally. These companies offer a wide range of SCADA systems, as well as related solutions and services, and have operations worldwide. They rely on their R&D capabilities and diversified product and service portfolios to increase their market share.

Rockwell Automation is one of the leading companies in the industrial automation and information space. The company operates through the following business segments: Intelligent Devices, Software & Control, and Lifecycle Services. The Software & Control segment includes control and visualization software and hardware, information software, and network and security infrastructure. Products offered under this segment can control industrial processes and handle enterprise information. HMI, as a component of the SCADA system, accepts the challenges in the process, batch, and discrete applications and improves productivity in the industry.

Schneider Electric is a European multinational corporation that specializes in energy management and automation solutions. Schneider Electric operates through the Energy Management (medium voltage, low voltage, and secure Power) and Industrial Automation segments. The company operates in 4 principal markets: non-residential and residential buildings, utilities and infrastructure, industry and machine manufacturers, and data centers and networks. The Industrial Automation segment provides products and solutions, including hardware and software automation products such as distributed control systems (DCS), human–machine interface (HMI) operator panels, safety systems, motor starters, sensors, programmable logic controllers (PLCs), supervisory control systems, and asset and operations management solutions, to the process and discrete automation manufacturing plants.

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Emerson Electric is a global technology and engineering company, which provides innovative solutions for customers in industrial, commercial, and residential markets. It operates through following business segments: Automation Solutions, Climate Technologies, and Tools & Home Products. The Automation Solutions segment caters to the oil & gas, refining, chemical, power, pharmaceutical, food & beverage, automotive, pulp & paper, metals & mining, and water & wastewater treatment industries. This segment offers measurement and analytical instrumentation, valves, actuators and regulators, industrial solutions, and process control systems and solutions. Through the Automation Solutions segment, the company offers SCADA systems and distributed RTU networks, which are used in different networks and parts of SCADA systems.

Related Reports:

SCADA Market by Offering (Hardware, Software, Services), Component (Programmable Logic Controller, Remote Terminal Unit, Human-Machine Interface), End User (Process Industries, Discrete Manufacturing, Utilities) and Region — Global Forecast to 2027

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