Electrical SCADA Market Strategies and Share 2031
SCADA (Supervisory Control and Data Acquisition) refers to an industrial computer system that monitors and controls a particular process. Electrical SCADA monitors electrical assets, substations, and transformers in T&D elements of electrical utilities. The robust adoption of renewable energy sources and the rise in power generation capacities across the globe has contributed to the growth of the electrical SCADA market in recent years. North America is likely to experience high demand for electrical SCADA during the forecast period with the rapid adoption of SCADA software and the strong presence of system suppliers in the region.
MARKET DYNAMICS
The electrical SCADA market is anticipated to grow in the forecast period owing to driving factors such as robust investments in electrical networks and the advent of the fourth industrial revolution. Also, government initiatives supporting industry 4.0, are further likely to fuel market growth. However, high initial costs may impede the growth of the electrical SCADA market during the forecast period. On the other hand, smart city projects in developing countries such as India and China create lucrative growth opportunities for the players operating in the electrical SCADA market during the forecast period.
MARKET SCOPE
The "Global Electrical SCADA Market Analysis to 2031" is a specialized and in-depth study of the technology, media and telecommunications industry with a special focus on the global market trend analysis. The report aims to provide an overview of electrical SCADA market with detailed market segmentation by component, application, and geography. The global electrical SCADA market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading electrical SCADA market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global electrical SCADA market is segmented on the basis of component and application. Based on component, the market is segmented as solution and services. On the basis of the application, the market is segmented as transmission, distribution, and generation.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electrical SCADA market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electrical SCADA market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting electrical SCADA market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the electrical SCADA market in these regions.
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The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global electrical SCADA market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South & Central America. The electrical SCADA market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting electrical SCADA market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South & Central America after evaluating political, economic, social and technological factors affecting the electrical SCADA market in these regions.
MARKET PLAYERS
The reports cover key developments in the electrical SCADA market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from electrical SCADA market are anticipated to lucrative growth opportunities in the future with the rising demand for electrical SCADA in the global market. Below mentioned is the list of few companies engaged in the electrical SCADA market.
The report also includes the profiles of key electrical SCADA companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of the last three years, key developments in the past five years.
- ABB Ltd.
- Emerson Electric Co.
- Honeywell International Inc.
- Larsen & Toubro Limited
- Mitsubishi Electric Corporation
- Open Systems International, Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Yokogawa Electric Corporation
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
1. INTRODUCTION
1.1. SCOPE OF THE STUDY
1.2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1.3. MARKET SEGMENTATION
1.3.1 Electrical SCADA Market - By Component
1.3.2 Electrical SCADA Market - By Application
1.3.3 Electrical SCADA Market - By Region
1.3.3.1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. ELECTRICAL SCADA MARKET LANDSCAPE
4.1. OVERVIEW
4.2. PEST ANALYSIS
4.2.1 North America - Pest Analysis
4.2.2 Europe - Pest Analysis
4.2.3 Asia-Pacific - Pest Analysis
4.2.4 Middle East and Africa - Pest Analysis
4.2.5 South and Central America - Pest Analysis
4.3. EXPERT OPINIONS
5. ELECTRICAL SCADA MARKET - KEY MARKET DYNAMICS
5.1. KEY MARKET DRIVERS
5.2. KEY MARKET RESTRAINTS
5.3. KEY MARKET OPPORTUNITIES
5.4. FUTURE TRENDS
5.5. IMPACT ANALYSIS OF DRIVERS, RESTRAINTS & EXPECTED INFLUENCE OF COVID-19 PANDEMIC
6. ELECTRICAL SCADA MARKET - GLOBAL MARKET ANALYSIS
6.1. ELECTRICAL SCADA - GLOBAL MARKET OVERVIEW
6.2. ELECTRICAL SCADA - GLOBAL MARKET AND FORECAST TO 2028
6.3. MARKET POSITIONING/MARKET SHARE
7. ELECTRICAL SCADA MARKET - REVENUE AND FORECASTS TO 2028 - COMPONENT
7.1. OVERVIEW
7.2. COMPONENT MARKET FORECASTS AND ANALYSIS
7.3. SOLUTION
7.3.1. Overview
7.3.2. Solution Market Forecast and Analysis
7.4. SERVICES
7.4.1. Overview
7.4.2. Services Market Forecast and Analysis
8. ELECTRICAL SCADA MARKET - REVENUE AND FORECASTS TO 2028 - APPLICATION
8.1. OVERVIEW
8.2. APPLICATION MARKET FORECASTS AND ANALYSIS
8.3. TRANSMISSION
8.3.1. Overview
8.3.2. Transmission Market Forecast and Analysis
8.4. DISTRIBUTION
8.4.1. Overview
8.4.2. Distribution Market Forecast and Analysis
8.5. GENERATION
8.5.1. Overview
8.5.2. Generation Market Forecast and Analysis
9. ELECTRICAL SCADA MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9.1. NORTH AMERICA
9.1.1 North America Electrical SCADA Market Overview
9.1.2 North America Electrical SCADA Market Forecasts and Analysis
9.1.3 North America Electrical SCADA Market Forecasts and Analysis - By Component
9.1.4 North America Electrical SCADA Market Forecasts and Analysis - By Application
9.1.5 North America Electrical SCADA Market Forecasts and Analysis - By Countries
9.1.5.1 United States Electrical SCADA Market
9.1.5.1.1 United States Electrical SCADA Market by Component
9.1.5.1.2 United States Electrical SCADA Market by Application
9.1.5.2 Canada Electrical SCADA Market
9.1.5.2.1 Canada Electrical SCADA Market by Component
9.1.5.2.2 Canada Electrical SCADA Market by Application
9.1.5.3 Mexico Electrical SCADA Market
9.1.5.3.1 Mexico Electrical SCADA Market by Component
9.1.5.3.2 Mexico Electrical SCADA Market by Application
9.2. EUROPE
9.2.1 Europe Electrical SCADA Market Overview
9.2.2 Europe Electrical SCADA Market Forecasts and Analysis
9.2.3 Europe Electrical SCADA Market Forecasts and Analysis - By Component
9.2.4 Europe Electrical SCADA Market Forecasts and Analysis - By Application
9.2.5 Europe Electrical SCADA Market Forecasts and Analysis - By Countries
9.2.5.1 Germany Electrical SCADA Market
9.2.5.1.1 Germany Electrical SCADA Market by Component
9.2.5.1.2 Germany Electrical SCADA Market by Application
9.2.5.2 France Electrical SCADA Market
9.2.5.2.1 France Electrical SCADA Market by Component
9.2.5.2.2 France Electrical SCADA Market by Application
9.2.5.3 Italy Electrical SCADA Market
9.2.5.3.1 Italy Electrical SCADA Market by Component
9.2.5.3.2 Italy Electrical SCADA Market by Application
9.2.5.4 United Kingdom Electrical SCADA Market
9.2.5.4.1 United Kingdom Electrical SCADA Market by Component
9.2.5.4.2 United Kingdom Electrical SCADA Market by Application
9.2.5.5 Russia Electrical SCADA Market
9.2.5.5.1 Russia Electrical SCADA Market by Component
9.2.5.5.2 Russia Electrical SCADA Market by Application
9.2.5.6 Rest of Europe Electrical SCADA Market
9.2.5.6.1 Rest of Europe Electrical SCADA Market by Component
9.2.5.6.2 Rest of Europe Electrical SCADA Market by Application
9.3. ASIA-PACIFIC
9.3.1 Asia-Pacific Electrical SCADA Market Overview
9.3.2 Asia-Pacific Electrical SCADA Market Forecasts and Analysis
9.3.3 Asia-Pacific Electrical SCADA Market Forecasts and Analysis - By Component
9.3.4 Asia-Pacific Electrical SCADA Market Forecasts and Analysis - By Application
9.3.5 Asia-Pacific Electrical SCADA Market Forecasts and Analysis - By Countries
9.3.5.1 Australia Electrical SCADA Market
9.3.5.1.1 Australia Electrical SCADA Market by Component
9.3.5.1.2 Australia Electrical SCADA Market by Application
9.3.5.2 China Electrical SCADA Market
9.3.5.2.1 China Electrical SCADA Market by Component
9.3.5.2.2 China Electrical SCADA Market by Application
9.3.5.3 India Electrical SCADA Market
9.3.5.3.1 India Electrical SCADA Market by Component
9.3.5.3.2 India Electrical SCADA Market by Application
9.3.5.4 Japan Electrical SCADA Market
9.3.5.4.1 Japan Electrical SCADA Market by Component
9.3.5.4.2 Japan Electrical SCADA Market by Application
9.3.5.5 South Korea Electrical SCADA Market
9.3.5.5.1 South Korea Electrical SCADA Market by Component
9.3.5.5.2 South Korea Electrical SCADA Market by Application
9.3.5.6 Rest of Asia-Pacific Electrical SCADA Market
9.3.5.6.1 Rest of Asia-Pacific Electrical SCADA Market by Component
9.3.5.6.2 Rest of Asia-Pacific Electrical SCADA Market by Application
9.4. MIDDLE EAST AND AFRICA
9.4.1 Middle East and Africa Electrical SCADA Market Overview
9.4.2 Middle East and Africa Electrical SCADA Market Forecasts and Analysis
9.4.3 Middle East and Africa Electrical SCADA Market Forecasts and Analysis - By Component
9.4.4 Middle East and Africa Electrical SCADA Market Forecasts and Analysis - By Application
9.4.5 Middle East and Africa Electrical SCADA Market Forecasts and Analysis - By Countries
9.4.5.1 South Africa Electrical SCADA Market
9.4.5.1.1 South Africa Electrical SCADA Market by Component
9.4.5.1.2 South Africa Electrical SCADA Market by Application
9.4.5.2 Saudi Arabia Electrical SCADA Market
9.4.5.2.1 Saudi Arabia Electrical SCADA Market by Component
9.4.5.2.2 Saudi Arabia Electrical SCADA Market by Application
9.4.5.3 U.A.E Electrical SCADA Market
9.4.5.3.1 U.A.E Electrical SCADA Market by Component
9.4.5.3.2 U.A.E Electrical SCADA Market by Application
9.4.5.4 Rest of Middle East and Africa Electrical SCADA Market
9.4.5.4.1 Rest of Middle East and Africa Electrical SCADA Market by Component
9.4.5.4.2 Rest of Middle East and Africa Electrical SCADA Market by Application
9.5. SOUTH AND CENTRAL AMERICA
9.5.1 South and Central America Electrical SCADA Market Overview
9.5.2 South and Central America Electrical SCADA Market Forecasts and Analysis
9.5.3 South and Central America Electrical SCADA Market Forecasts and Analysis - By Component
9.5.4 South and Central America Electrical SCADA Market Forecasts and Analysis - By Application
9.5.5 South and Central America Electrical SCADA Market Forecasts and Analysis - By Countries
9.5.5.1 Brazil Electrical SCADA Market
9.5.5.1.1 Brazil Electrical SCADA Market by Component
9.5.5.1.2 Brazil Electrical SCADA Market by Application
9.5.5.2 Argentina Electrical SCADA Market
9.5.5.2.1 Argentina Electrical SCADA Market by Component
9.5.5.2.2 Argentina Electrical SCADA Market by Application
9.5.5.3 Rest of South and Central America Electrical SCADA Market
9.5.5.3.1 Rest of South and Central America Electrical SCADA Market by Component
9.5.5.3.2 Rest of South and Central America Electrical SCADA Market by Application
10. INDUSTRY LANDSCAPE
10.1. MERGERS AND ACQUISITIONS
10.2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10.3. NEW PRODUCT LAUNCHES
10.4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. ELECTRICAL SCADA MARKET, KEY COMPANY PROFILES
11.1. ABB LTD.
11.1.1. Key Facts
11.1.2. Business Description
11.1.3. Products and Services
11.1.4. Financial Overview
11.1.5. SWOT Analysis
11.1.6. Key Developments
11.2. EMERSON ELECTRIC CO.
11.2.1. Key Facts
11.2.2. Business Description
11.2.3. Products and Services
11.2.4. Financial Overview
11.2.5. SWOT Analysis
11.2.6. Key Developments
11.3. HONEYWELL INTERNATIONAL INC.
11.3.1. Key Facts
11.3.2. Business Description
11.3.3. Products and Services
11.3.4. Financial Overview
11.3.5. SWOT Analysis
11.3.6. Key Developments
11.4. LARSEN AND TOUBRO LIMITED
11.4.1. Key Facts
11.4.2. Business Description
11.4.3. Products and Services
11.4.4. Financial Overview
11.4.5. SWOT Analysis
11.4.6. Key Developments
11.5. MITSUBISHI ELECTRIC CORPORATION
11.5.1. Key Facts
11.5.2. Business Description
11.5.3. Products and Services
11.5.4. Financial Overview
11.5.5. SWOT Analysis
11.5.6. Key Developments
11.6. OPEN SYSTEMS INTERNATIONAL, INC.
11.6.1. Key Facts
11.6.2. Business Description
11.6.3. Products and Services
11.6.4. Financial Overview
11.6.5. SWOT Analysis
11.6.6. Key Developments
11.7. ROCKWELL AUTOMATION, INC.
11.7.1. Key Facts
11.7.2. Business Description
11.7.3. Products and Services
11.7.4. Financial Overview
11.7.5. SWOT Analysis
11.7.6. Key Developments
11.8. SCHNEIDER ELECTRIC SE
11.8.1. Key Facts
11.8.2. Business Description
11.8.3. Products and Services
11.8.4. Financial Overview
11.8.5. SWOT Analysis
11.8.6. Key Developments
11.9. SIEMENS AG
11.9.1. Key Facts
11.9.2. Business Description
11.9.3. Products and Services
11.9.4. Financial Overview
11.9.5. SWOT Analysis
11.9.6. Key Developments
11.10. YOKOGAWA ELECTRIC CORPORATION
11.10.1. Key Facts
11.10.2. Business Description
11.10.3. Products and Services
11.10.4. Financial Overview
11.10.5. SWOT Analysis
11.10.6. Key Developments
12. APPENDIX
12.1. ABOUT THE INSIGHT PARTNERS
12.2. GLOSSARY OF TERMS
1. ABB Ltd.
2. Emerson Electric Co.
3. Honeywell International Inc.
4. Larsen and Toubro Limited
5. Mitsubishi Electric Corporation
6. Open Systems International, Inc.
7. Rockwell Automation, Inc.
8. Schneider Electric SE
9. Siemens AG
10. Yokogawa Electric Corporation
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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