Electrical SCADA (Supervisory Control And Data Acquisition) is a system of software and hardware which allows industrial organisations to gather, monitor, and real-time process data. The global electrical SCADA market is estimated to reach $2.71 Billion by 2025 from $1.76 Billion in 2019 with a CAGR of 7.48% during 2019-2025. The market growth can be attributed to factors such as rising investments focused on automated devices in power infrastructure, government initiatives towards the adoption of industrial automation, and growing infrastructure developments. The high investment cost for setting up of SCADA system and increased cyber security risks are major restraints hampering the growth of the market. Increase in power generation capacities and growing adoption of renewable energy sources are creating major opportunities to the electrical SCADA market during the forecast period 2019-2025.
Research Study Objectives:
- Define, estimate, and forecast the Electrical SCADA market statistics by architecture, component, industry, application and regions concerning the individual growth drivers, market trends and their contribution toward the Electrical SCADA market growth
- Provides comprehensive information regarding the key factors influencing the market growth (Drivers, Restraints & Challenges, and Opportunities)
- Estimate & forecast the market size of all the segments concerning geographies including North America, Europe, Asia Pacific (APAC), South America and the Middle East and Africa (MEA).
- Recent competitive developments including M&A (Mergers and Acquisitions), Partnerships, and Product Innovations are provided in the Electrical SCADA Market Analysis
- Analysis and conclusions on the future Electrical SCADA market outlook.
Top-down and bottom-up approaches are used to validate the Electrical SCADA Market Size and are used to estimate the size of other dependent submarkets. Key players in the market are identified through various secondary sources; databases including Bloomberg
Businessweek, Hoovers, Factiva, journals and associations and the market revenues are estimated and are thoroughly validated through primary and secondary research. Secondary research involves the study of annual and financial reports of top players in the market, whereas primary research includes extensive interviews with the KoL’s such as CEOs, directors, board members, VP’s, sales managers, engineers, marketing executives, technicians, account managers, investors, strategic decision makers and others. The Electrical SCADA Market shares and breakdowns are determined using secondary sources and are verified by the primary sources. All possible parameters/factors that are affecting the Electrical SCADA market demand are covered in the research study are verified through primary research, analysed and interpreted to get the final qualitative and quantitative data. This data is collected and added with detailed analysis from Envision Inteligence and presented in this report.
The scope of the Report
The Electrical SCADA market segmentation is as follows:
BY ARCHITECTURE
- Hardware
- Software
- Services
BY COMPONENT
- Master Terminal Unit (MTU)
- Remote Terminal Unit
- Human Machine Interface (HMI)
- Programmable Logic Controller (PLC)
- Communication System
- Others
BY INDUSTRY
- Food & beverages
- Electrical power
- Oil & gas
- Water & wastewater management
- Manufacturing
- Telecommunication
- Pharmaceuticals
BY APPLICATION
- Generation
- Transmission
- Distribution
Geographical Analysis:
Electrical SCADA Market is segmented by geography into North America, South America, Europe, APAC and Middle East & Africa. U.S., Canada, Mexico and Costa Rica are analysed under North American region which is usually turning as the hotspot in the market. The South American region is further segregated into Brazil, Argentina, Chile, Columbia and some other emerging economies. In Europe, the market is extensively examined by covering U.K., Germany, France, Italy, Spain, Netherlands, Poland, Switzerland and some other promising economies. APAC is further categorised by countries into China, India, Japan, South Korea, Australia & New Zealand, Malaysia, Singapore and many
other emerging nations. In the Middle East & African region, Saudi Arabia, UAE, Iran, Iraq, Qatar, South Africa, Algeria, Morocco, Nigeria and so on countries are evaluated to understand the market growth lucidly.
Customization Options:
With the given research report, Envision Inteligence offers customisations as per the client’s specific requirements. The following customisation options offered for the Electrical SCADA Market include:
- Scope Revision
- Geographic Analysis
- Company Profiles
- Historical Data & Forecasting
- Key Contact Persons in companies
Global Electrical SCADA Market Research Report Includes:
- An executive summary condensing the whole report such that essential authority can rapidly twist up doubtlessly acquainted with brief overview and conclusion.
- To have a complete market analysis through industry value chain analysis, Porter’s Five Force Model, PESTLE, SWOT analysis, and Y-o-Y analysis.
- Regional and global diversity is analysed with the major countries and the unions. Scrutinizing the revenue generation on Year-On-Year
- Identifying DROC in the current market and their impact on altering market dynamics.
- Competitive landscape analysis to identify the merger and acquisition which will have a comparative financial study with significant competitors.
- Expertise investment opportunities by an analyst to the individual and organisation to have a better foothold in the market.
- Identify the latest developments, market shares and strategies that are employed by the significant Electrical SCADA market players, such as
- Siemens AG
- Emerson Electric Company
- Schneider Electric SE
- Mitsubishi Electric Corporation
- Honeywell International, Inc.
- Along with these companies, many other companies are considered in the report while analysing the Global Electrical SCADA competitive strategies and environment. These companies held substantial share-owning to the nature of the industry whereas, the rest of the market shares are marginal chunks to regional and local level manufacturers. Other players also have considerable presence owing to its robust brand image, geographical reach and stable customer base.
