Product Code: ETC4581865 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India SCADA market import shipments experienced a significant decline with a CAGR of -15.6% from 2020 to 2024. The growth rate plummeted by -74.3% between 2023 and 2024, indicating a rapid contraction in the market during the latest period. Overall, the market exhibited a substantial slowdown and lost momentum over the years.
Supervisory Control and Data Acquisition (SCADA) systems are central to the monitoring and control of industrial processes in India. These systems provide real-time data and control capabilities, enabling operators to manage and optimize complex processes across various industries. The India SCADA market is expanding as the demand for automation and real-time monitoring grows. Sectors such as energy, utilities, and manufacturing are increasingly adopting SCADA solutions to enhance operational efficiency, reduce downtime, and ensure the reliability of critical processes. As India industries continue to evolve and modernize, the SCADA market is expected to see significant growth.
The India SCADA (Supervisory Control and Data Acquisition) market is thriving as industries recognize the importance of real-time monitoring and control of critical infrastructure and processes. The adoption of SCADA systems is instrumental in enhancing operational efficiency, reducing downtime, and ensuring the reliability and safety of industrial operations. Industries like energy, water and wastewater, and manufacturing are increasingly implementing SCADA to optimize processes, reduce costs, and comply with regulatory requirements.
The SCADA (Supervisory Control and Data Acquisition) market in India faces several challenges. Customization and adaptation of SCADA systems for diverse industrial applications require specialized engineering and software development, which may be limited in supply. The lack of standardized communication protocols and interfaces in the SCADA industry can complicate the integration of different systems and devices. Cost considerations, including the initial investment and ongoing expenses, can be a significant barrier for businesses. Ensuring the reliability and security of SCADA systems in an environment with varying connectivity and infrastructure limitations can pose challenges. Regulatory compliance and safety standards related to data acquisition and control must be met, adding complexity to the SCADA market.
The SCADA (Supervisory Control and Data Acquisition) market in India witnessed a shift in demand during the pandemic. Industries such as utilities, manufacturing, and energy remained strong users of SCADA systems, while some segments, like smart cities and transportation, faced delays due to budget constraints. However, the increased emphasis on automation and data-driven decision-making has fueled the adoption of SCADA systems in the post-pandemic recovery phase.
In the SCADA (Supervisory Control and Data Acquisition) market, players like Siemens India and Schneider Electric provide solutions for monitoring and controlling industrial processes.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India SCADA Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India SCADA Market Revenues & Volume, 2021 & 2031F |
3.3 India SCADA Market - Industry Life Cycle |
3.4 India SCADA Market - Porter's Five Forces |
3.5 India SCADA Market Revenues & Volume Share, By Offering, 2021 & 2031F |
3.6 India SCADA Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 India SCADA Market Revenues & Volume Share, By End User, 2021 & 2031F |
4 India SCADA Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of automation and digitalization across industries in India |
4.2.2 Growing need for real-time data monitoring and analysis for operational efficiency |
4.2.3 Government initiatives promoting the implementation of SCADA systems in critical infrastructure sectors |
4.3 Market Restraints |
4.3.1 High initial investment and maintenance costs associated with SCADA systems |
4.3.2 Lack of skilled professionals for SCADA system implementation and management |
4.3.3 Concerns regarding data security and cybersecurity threats in SCADA networks |
5 India SCADA Market Trends |
6 India SCADA Market, By Types |
6.1 India SCADA Market, By Offering |
6.1.1 Overview and Analysis |
6.1.2 India SCADA Market Revenues & Volume, By Offering, 2021-2031F |
6.1.3 India SCADA Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India SCADA Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 India SCADA Market Revenues & Volume, By Services, 2021-2031F |
6.2 India SCADA Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India SCADA Market Revenues & Volume, By Programmable Logic Controller, 2021-2031F |
6.2.3 India SCADA Market Revenues & Volume, By Remote Terminal Unit, 2021-2031F |
6.2.4 India SCADA Market Revenues & Volume, By Human-Machine Interface, 2021-2031F |
6.3 India SCADA Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 India SCADA Market Revenues & Volume, By Process Industries, 2021-2031F |
6.3.3 India SCADA Market Revenues & Volume, By Discrete Manufacturing, 2021-2031F |
6.3.4 India SCADA Market Revenues & Volume, By Utilities, 2021-2031F |
7 India SCADA Market Import-Export Trade Statistics |
7.1 India SCADA Market Export to Major Countries |
7.2 India SCADA Market Imports from Major Countries |
8 India SCADA Market Key Performance Indicators |
8.1 Percentage increase in the number of industries implementing SCADA systems annually |
8.2 Average time taken for companies to realize ROI after implementing SCADA systems |
8.3 Number of training programs and certifications offered in SCADA technology in India |
8.4 Percentage of downtime reduction achieved by companies using SCADA systems |
8.5 Number of cybersecurity incidents reported in SCADA networks in India |
9 India SCADA Market - Opportunity Assessment |
9.1 India SCADA Market Opportunity Assessment, By Offering, 2021 & 2031F |
9.2 India SCADA Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 India SCADA Market Opportunity Assessment, By End User, 2021 & 2031F |
10 India SCADA Market - Competitive Landscape |
10.1 India SCADA Market Revenue Share, By Companies, 2024 |
10.2 India SCADA Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |