Japan SCADA Market Size, Share, and COVID-19 Impact Analysis, By Offering (Hardware, Software, Services), By Component (Human Machine Interface, Communication Systems, Programmable Logic Controller, Remote Terminal Unit, Others), By End-User (Electrical Power, Oil & Gas, Water & Wastewater, Manufacturing, Transportation, Telecommunication, Chemicals, Food & Beverages, Pharmaceuticals, Process Industry, Others), and Japan SCADA Market Insights Forecasts to 2030
Industry: Machinery & EquipmentJapan SCADA Market Insights Forecasts to 2030
- The Japan SCADA Market Size was valued at USD 1.32 billion in 2021
- The market is growing at a CAGR of 9.43% from 2022 to 2030
- The Japan SCADA Market Size is expected to reach USD 2.97 billion by 2030
- Japan is expected to grow the fastest during the forecast period
Get more details on this report -
The Japan SCADA Market Size is expected to reach USD 2.97 billion by 2030, at a CAGR of 9.43% during the forecast period 2022 to 2030.
The term SCADA, which stands for "Supervisory Control and Data Acquisition" and is pronounced "Skada," means "monitoring control and data acquisition" in Japanese. It is an acronym for a type of monitoring control system with the function described in this phrase. SCADA is a software application domain for managing industrial processes, which involves the real-time collection of data from remote locations in order to control machinery and environments. One of the industrial control systems that are most frequently used in Japan is SCADA, which can be used to manage almost any kind of industrial process. These industrial processes include manufacturing, process control, power generation, fabrication, and refining, and may run in continuous, batch, repetitive, or discrete modes.
SCADA analyzes and gathers information while monitoring and managing data transmitted by diverse sensors and equipment. In addition to these features, alarms and security features may also be included. Alarm systems and security protocols could additionally be included in these additional features. SCADA systems are employed to regulate and supervise physical processes such as electricity transmission, petroleum and gas transportation in transmission lines, water supply systems, traffic lights, and other systems that serve as the foundation of the contemporary era.
Report Coverage
This research report categorizes the market for Japan SCADA Market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the Japan SCADA Market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segments of the Japan SCADA Market.
Japan SCADA Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2022 |
Market Size in 2022: | USD 1.32 billion |
Forecast Period: | 2021-2030 |
Forecast Period CAGR 2021-2030 : | 9.43% |
2030 Value Projection: | USD 2.97 Billion |
Historical Data for: | 2020 to 2022 |
No. of Pages: | 120 |
Tables, Charts & Figures: | 94 |
Segments covered: | COVID-19 Impact Analysis, By Offering, By Component, By End-User, Growth Factors & Challenges |
Companies covered:: | Challenge Technology, Tekran Instruments Corporation, Flottweg SE, Fuji Electric Co Ltd., Particle Measuring Systems (PMS), ENVEA, QED Environmental Systems, Inc., Strathkelvin Instruments Limited, Yokogawa Electric Corporation, RainWise Inc., Hitachi Ltd., Mitsubishi Electric Corp., Toshiba Corporation, Meidensha Corporation, TAIYO NIPPON SANSO CO., LTD., CONTEC Co., and Ltd. |
Pitfalls & Challenges: | COVID-19 Empact, Challenge, Future, Growth, & Analysis |
Get more details on this report -
Driving Factors
The deployment of cloud-based SCADA systems, infrastructure development such as smart cities and transportation, and the rising adoption of cell-based SCADA systems are factors contributing to the expansion of the Japan SCADA market. One of the primary markets for SCADA systems in Japan is the electronics industry, which specializes in the production of semiconductor devices and other consumer electronics. Manufacturing facilities are constantly pursuing to revolutionize into industrial automation by leveraging digital technology in order to boost output reliability.
Growing Investments activities in SCADA distributed sensor networks, as well as massive expansion in big data and analytics have boosted the effectiveness of SCADA systems, creating a significant potential for the growing market. Significant important players in Japan, such as Yokogawa Electric Corporation, Mitsubishi Electric Corporation, and Omron Corporation, are anticipated to propel the market during the projected timeframe. For example, Yokogawa Electric Corporation presented a web-based real-time operational management and visualization software solution for SCADA. The solution enables modularization, application portability, and standardization, allowing customers to get the most out of their investments across the entire system lifecycle.
The development of wireless network framework design and the rise in demand for cloud-based connectivity are anticipated to boost the incorporation of IoT technology in industrial verticals, which will enhance the development of the SCADA market in Japan across different industries. The government initiative to endorse SCADA for power, water, and water treatment systems is also anticipated to increase the region's SCADA market.
Restraining Factors
When designing a SCADA system, real-time data availability takes precedence over information confidentiality. As a result, cyberattacks are a major concern for the SCADA system industry. Additionally, the investment costs and operating costs associated with SCADA systems are massive, limiting the growth of the SCADA market. Moreover, implementing a SCADA system and training the operator on its use is an expensive proposition.
Market Segment
- In 2022, the hardware segment is witnessing a higher growth rate over the forecast period.
Based on the offering, the Japan SCADA Market is segmented as hardware, software, and services. Among these, the hardware segment is witnessing a higher growth rate over the forecast period. The increasing demand for human machine interface (HMI), programmable logic controller (PLC), and remote terminal units (RTUs) in industrial automation and control solutions for delivering efficient results and control over manufacturing processes is driving the demand for SCADA hardware. Human machine interfaces (HMI) and advanced programmable logic controllers (PLCs) that can work with cloud-based SCADA solutions are being developed by industry players for modern SCADA systems.
- In 2022, the remote terminal unit segment is witnessing significant CAGR growth over the forecast period.
On the basis of components, the Japan SCADA Market is segmented into human machine interfaces, communication systems, programmable logic controllers, remote terminal units, and others. Among these, the remote terminal unit segment is witnessing significant CAGR growth over the forecasted period. A remote terminal unit (RTU) is an important part of the SCADA system. Because the oil and gas and power generation industries are the most common end-user industries for SCADA systems, deep-sea explorations, and shale gas production are all major contributors to the growing demand for remote terminal units.
- In 2022, the process industry is dominating the market with the largest market share of 65% over the forecast period.
Based on end-use, the Japan SCADA Market is segmented into electrical power, oil & gas, water & wastewater, manufacturing, transportation, telecommunication, chemicals, food & beverages, pharmaceuticals, process industry, and others. Among these, the process industry segment dominates the market with the largest market share of 65% over the forecast period. Process industries are heavily utilizing SCADA systems as a result of the growing influence on manufacturers to utilize production costs and processes. The SCADA system in the process industry is expected to be fueled by an ever-growing need for real-time accessibility of challenging functions in the oil and gas, chemicals, metal and mining, and food and beverage industries. Such systems also improve overall effectiveness and security whilst also decreasing the threat to the workforces lives.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the Japan SCADA Market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.
List of Key Companies
- Challenge Technology
- Tekran Instruments Corporation
- Flottweg SE
- Fuji Electric Co Ltd.
- Particle Measuring Systems (PMS)
- ENVEA
- QED Environmental Systems, Inc.
- Strathkelvin Instruments Limited
- Yokogawa Electric Corporation
- RainWise Inc.
- Hitachi Ltd.
- Mitsubishi Electric Corp.
- Toshiba Corporation
- Meidensha Corporation
- TAIYO NIPPON SANSO CO., LTD.
- CONTEC Co., Ltd.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting and Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Recent Developments
- In March 2022, Taiyo Nippon Sanso Co., Ltd., an industrial gas manufacturer, offers a solution called “Intelligent Gas Supplying System” (IGSS) to enhance gas supply operations at customers’ plants. The system utilizes digital technology to automatically transport gas cylinders and improve the efficiency of facility inspections. Taiyo Nippon Sanso chose Mitsubishi Electric’s GENESIS64™ SCADA software as the basis for the upgrade of its monitoring solution.
- In March 2022, Yokogawa Electric Corporation announces that its subsidiary Yokogawa Middle East & Africa has received an order for an integrated water facility monitoring and management system from the Addis Ababa Water and Sewerage Authority (AAWSA), which is responsible for the water supply and wastewater treatment systems that serve the Ethiopian capital city of Addis Ababa. It will also deliver a new supervisory control and data acquisition (SCADA) system for the integrated monitoring of all water supply facilities.
Market Segment
This study forecasts revenue at global, regional, and country levels from 2019 to 2030. Spherical Insights has segmented the Japan SCADA Market based on the below-mentioned segments:
Japan SCADA Market, By Offering
- Hardware
- Software
- Services
Japan SCADA Market, By Component
- Human Machine Interface
- Communication Systems
- Programmable Logic Controller
- Remote Terminal Unit
- Others
Japan SCADA Market, By End-User
- Electrical Power
- Oil & Gas
- Water & Wastewater
- Manufacturing
- Transportation
- Telecommunication
- Chemicals
- Food & Beverages
- Pharmaceuticals
- Process Industry
- Others
Need help to buy this report?