Global Power SCADA Market Growth (Status and Outlook) 2024-2030
Power Operation (formerly Power SCADA Operation) is engineered to help facilities like data centers, hospitals, industrials, airports and electro-intensive operations maximize uptime.
The global Power SCADA market size is projected to grow from US$ 1695 million in 2024 to US$ 2608 million in 2030; it is expected to grow at a CAGR of 7.4% from 2024 to 2030.
LPI (LP Information)' newest research report, the “Power SCADA Industry Forecast” looks at past sales and reviews total world Power SCADA sales in 2022, providing a comprehensive analysis by region and market sector of projected Power SCADA sales for 2023 through 2029. With Power SCADA sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Power SCADA industry.
This Insight Report provides a comprehensive analysis of the global Power SCADA landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Power SCADA portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Power SCADA market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Power SCADA and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Power SCADA.
Market CAGR for Power SCADA is driven by the Growing adoption of Industry 4.0 principles in various sectors and the Integration of Renewable Energy Sources. The emergence of Industry 4.0, the fourth-generation industrial revolution, initially originated in Germany before spreading across Europe and the Americas. This transformative shift has been crucial in driving market growth, particularly within the power sector, where the widespread adoption of Industry 4.0 principles is reshaping the future. Automation plays a central role, allowing power plants to operate continuously, 24/7, with minimal errors and heightened efficiency. The integration of power SCADA systems, essential components of industrial automation, enables the control and operation of various machinery. Within power plants, interconnected mechanical and electronic components, along with sensors and actuators, communicate via a network, exchanging vital information. This interconnectedness enhances predictive maintenance strategies, optimizing efficiency, throughput times, and resource utilization in transmission and distribution processes. Industry 4.0 principles further enhance the performance of power SCADA systems by automating manual tasks, improving operational accuracy, and providing real-time data and analytics.
This report presents a comprehensive overview, market shares, and growth opportunities of Power SCADA market by product type, application, key players and key regions and countries.
Segmentation by Type:
Hardware
Software
Services
Segmentation by Application:
Oil & Gas
Water & Wastewater Treatment
Metal & Mining
Chemicals
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
Segmentation by Type:
Hardware
Software
Services
Segmentation by Application:
Oil & Gas
Water & Wastewater Treatment
Metal & Mining
Chemicals
Transportation
Others
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
ABB
General Electric
Siemens
Schneider Electric
Mitsubishi Electric
Eaton Corporation
Hitachi
Rockwell Automation
Honeywell
Toshiba Corporation
Quasar
Please note: The report will take approximately 2 business days to prepare and deliver.