The SCADA Global Market Report 2023, provides comprehensive information on the SCADA market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/scada-global-market-report
As per The Business Research Company’s SCADA Global Market Report 2023, the global SCADA market size is expected to grow from $11.06 billion in 2022 to $11.92 billion in 2023 at a compound annual growth rate (CAGR) of 7.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global SCADA market size is expected to grow to $16.02 billion in 2027 at a CAGR of 7.7%.
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Product innovations have emerged as a key trend gaining popularity in the SCADA market. Major companies operating in the SCADA market are focusing on product innovations to strengthen their market position. For instance, in October 2022, Emerson Electric Co., a US-based manufacturer and provider of engineering services and products for industrial, commercial, and consumer markets, launched an advanced automation platform, Movicon.NExT 4.2. It offers a simple interface that links to any field device, control system, or enterprise system, providing users and original equipment manufacturers (OEMs) with the data and insights required to achieve operational excellence. It is quick, secure, and efficient, and it provides superior performance, rapid application development, and enhanced connectivity.
The SCADA market is segmented:
1) By Offering: Hardware, Software, Services
2) By Component: Programmable Logic Controller (PLC), Remote Terminal Unit (RTU), Human-Machine Interface (HMI), Communication System, Other Components
3) By Deployment: On-Premise, Cloud
4) By Application: Chemical And Pharmaceuticals, Food And Beverage, Manufacturing, Oil And Gas, Transportation, Utility, Water And Sewage
Asia-Pacific was the largest region in the SCADA market in 2022.
The table of contents in TBRC’s SCADA market report includes:
1. Executive Summary
2. SCADA Market Characteristics
3. SCADA Market Trends And Strategies
4. SCADA Market – Macro Economic Scenario
5. SCADA Market Size And Growth
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26. Africa SCADA Market
27. SCADA Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The SCADA Market
29. SCADA Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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