Supervisory Control and Data Acquisition Market Size

Supervisory Control and Data Acquisition (SCADA) Market size was valued at USD 11.12 Billion in 2023 and is predicted to reach USD 21 Billion by the end of 2036, registering around 12% CAGR during the forecast period i.e., between 2024-2036. In the year 2024, the industry size of supervisory control and data acquisition is evaluated at USD 11.12 Billion.

Additionally, in the year 2024, the supervisory control and data acquisition market revenue was close to USD 12 Billion. It is believed that the rising demand for oil & gas across the globe may lead to a greater need for efficient monitoring and automation, which may augment the SCADA market demand for supervisory control and data acquisition systems employed for numerous aspects of pipeline operations, and monitoring other activities.

As per the International Energy Agency, between 2022 and 2028, the world's oil consumption is expected to increase by 6% to 105.7 million barrels per day (mb/d), driven primarily by the petrochemical and aviation industries.

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of supervisory control and data acquisition was over USD 11.12 billion.

The market size for supervisory control and data acquisition is projected to cross USD 21 billion by the end of 2036 expanding at a CAGR of 12% during the forecast period i.e., between 2024-2036.

The major players in the market are General Electric Company, Capula Ltd., Emerson Electric Co., Rockwell Automation Inc., Siemens, ABB Group, Progea srl, Willowglen Systems, Schweitzer Engineering Laboratories Inc., Inductive Automation LLC, and others.

In terms of component, the programmable logic controller (PLC) segment is anticipated to account for the largest market share of 35% during 2024-2036.

The Asia Pacific supervisory control and data acquisition sector is poised to hold the highest share of 35% by 2036.

Supervisory Control and Data Acquisition Market Size