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The Europe SCADA market size reached US$ 4,189 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 5,247 Million by 2027, exhibiting a growth rate (CAGR) of 3.7% during 2022-2027.
Supervisory Control and Data Acquisition (SCADA) is a framework that controls and monitors various processes in an organization by gathering and analyzing real-time data. It has evolved over the years due to the introduction of modern information technology (IT) standards and practices like SQL, web-based applications, cloud computing, mobility, data virtualization, big data analytics, and the Internet of Things (IoT). These systems are also used for processing data for smart decision making and communication system issues for mitigating downtime, thereby improving security, productivity, reliability, and efficiency of operations. Moreover, SCADA is used in various industries to automate complex industrial processes.
The Europe SCADA market is primarily driven by the increasing investments in intelligent grid systems by market players and governments of various nations. SCADA systems are extensively used in power generation, electricity grids, and distribution sub-stations for data acquisition, communications, control and infrastructure management. Besides this, the limited availability of non-renewable energy resources and their adverse effects on the environment have prompted the European Union (EU) to design and enforce strict policies and regulations that mandate the use of renewable energy in industries. For instance, the EU plans to source 50% of its total energy consumption from renewable energy sources by 2040. Furthermore, SCADA systems are used to maintain refrigeration systems at the supermarkets, as well as ensuring production and safety in refineries across the region.
IMARC Group provides an analysis of the key trends in each sub-segment of the Europe scada market report, along with forecasts at the regional and country level from 2022-2027. Our report has categorized the market based on component, architecture and end user.
Breakup by Component:
Breakup by Architecture:
Breakup by End User:
Breakup by Country:
The competitive landscape of the industry has also been examined along with the profiles of the key players.
|Base Year of the Analysis||2021|
|Segment Coverage||Component, Architecture, End User, Country|
|Countries Covered||Germany, France, United Kingdom, Italy, Spain, Others|
|Customization Scope||10% Free Customization|
|Report Price and Purchase Option||Single User License: US$ 2699
Five User License: US$ 3699
Corporate License: US$ 4699
|Post-Sale Analyst Support||10-12 Weeks|
|Delivery Format||PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)|
The Europe SCADA market was valued at US$ 4,189 Million in 2021.
We expect the Europe SCADA market to exhibit a CAGR of 3.7% during 2022-2027.
The extensive utilization of SCADA systems across various end-use industries to automate complex
industrial processes, for improving the security, enhancing efficiency of operations, increasing
productivity, etc., is currently driving the Europe SCADA market.
The sudden outbreak of the COVID-19 pandemic has led to the growing adoption of SCADA systems
to remotely control and monitor various processes in an organization by gathering and analyzing
real-time data for smart decision making.
Based on the component, the Europe SCADA market can be categorized into Programmable Logic
Controller (PLC), Remote Terminal Units (RTU), Human Machine Interface (HMI), communication
systems, and others. Among these, programmable logic controller (PLC) exhibits a clear dominance
in the market.
Based on the architecture, the Europe SCADA market has been segmented into hardware, software,
and services. Currently, services represent the largest market share.
Based on the end user, the Europe SCADA market can be bifurcated into oil and gas, power, water
and wastewater, manufacturing, chemicals and petrochemicals, pharmaceutical, and others. Among
these, the oil and gas sector currently accounts for the majority of the total market share.
On a regional level, the market has been classified into Germany, France, United Kingdom, Italy,
Spain, and others, where Germany currently dominates the Europe SCADA market.
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