Global SCADA in Water and Wastewater Management Market Size, Share, and COVID-19 Impact Analysis, By Component (Software, Hardware), By End User (Residential, Industrial), and By Region (North America, Europe, Asia-Pacific, Latin America, Middle East, and Africa), Analysis and Forecast 2023 - 2033
Industry: Semiconductors & ElectronicsGlobal SCADA in Water and Wastewater Management Market Insights Forecasts to 2033
- The Global SCADA in Water and Wastewater Management Market Size was Valued at USD 1.89 Billion in 2023
- The Market Size is Growing at a CAGR of 5.51% from 2023 to 2033
- The Worldwide SCADA in Water and Wastewater Management Market Size is Expected to Reach USD 3.23 Billion by 2033
- Asia Pacific is expected to Grow the fastest during the forecast period.
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The Global SCADA in Water and Wastewater Management Market Size is Anticipated to Exceed USD 3.23 Billion by 2033, Growing at a CAGR of 5.51% from 2023 to 2033.
Market Overview
SCADA is an automated tool for monitoring, analyzing, and collecting real-time data for report generation. SCADA remotely monitors and manages a wide range of industrial devices and sensors, displaying the data in a logical and structured format to decrease waste and enhance manufacturing efficiency. The SCADA system automates water and wastewater treatment plants while also automatically managing and organizing operational data. Utility departments, water, and wastewater management firms, and other manufacturers use SCADA to regulate and automate data. Staff members in these industries can use multiple data logging points to discover real-time problems in their water and wastewater treatment systems. For instance, In September 2023, the Rajasthan State Water Informatic Centre, which operates under the auspices of the State Water Resources Department (WRD), was planning to integrate SCADA technology into the Indira Gandhi Canal. The implementation of SCADA was supposed to aid in rapid information dissemination, transparent water distribution, and ensuring water supply for all stakeholders. These enhancements are crucial for efficient irrigation water management. Governments are creating and implementing stronger laws to protect SCADA systems in significant infrastructure sectors. These requirements typically require specific security processes, vulnerability assessments, and incident response plans.
Report Coverage
This research report categorizes the market for the global SCADA in water and wastewater management market based on various segments and regions forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the global SCADA in water and wastewater management 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-segment of the global SCADA in water and wastewater management market.
Global SCADA in Water and Wastewater Management Market Report Coverage
Report Coverage | Details |
---|---|
Base Year: | 2023 |
Market Size in 2023: | USD 1.89 Billion |
Forecast Period: | 2023-2033 |
Forecast Period CAGR 2023-2033 : | 5.51% |
2033 Value Projection: | USD 3.23 Billion |
Historical Data for: | 2019-2022 |
No. of Pages: | 200 |
Tables, Charts & Figures: | 110 |
Segments covered: | By Component, By End User, By Region |
Companies covered:: | Emerson Electric Co., General Electric Company, Hitachi, Ltd., ABB, Anglian Water Services Limited, Aquanet Engineered Water Solution, BLTI, Eaton, Honeywell International Inc., PSI Software AG, Rockwell Automation, Yokogawa Electric Corporation, and Others Key Vendors. |
Pitfalls & Challenges: | COVID-19 Empact,Challenges, Future, Growth, & Analysis |
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Driving Factors
The supervisory control and data acquisition (SCADA) market is expected to grow during the forecast period due to increased acceptance of industry 4.0 solutions utilizing supervisory control and data acquisition (SCADA) systems, rising demand for industrial mobility solutions for effective process industry management, and the use of software platforms such as internet of things (IoT) and artificial intelligence (AI). Sensors and smart meters are examples of IoT devices that can be put across water and wastewater systems to collect real-time data on characteristics like water quality, flow rate, and pressure. This data can be supplied into a SCADA system, which can then be evaluated and used to manage processes, change treatment settings, and identify equipment problems. Thus, such factors are boosting the market growth in the forecast period.
Restraining Factors
As with any SCADA system, safety is essential so appropriate safeguards must be included to protect the system from cyber threats and other security risks. In addition, the amount of data created by SCADA systems can be massive, making appropriate data management solutions critical to ensuring accurate data analysis and usage. To stay current and functional, these systems must be maintained and upgraded regularly. This can be challenging, particularly for small businesses with little resources.
Market Segmentation
The global SCADA in water and wastewater management market share is classified into component and end user.
- The software segment is expected to hold the largest share of the global SCADA in Water and Wastewater Management market during the forecast period.
Based on the component, the global SCADA in water and wastewater management market is categorized into software, and hardware. Among these, the software segment is expected to hold the largest share of the global SCADA in water and wastewater management market during the forecast period. The software enables the SCADA system to control and monitor components of the water system such as pumps, filters, and valves. It also gives real-time data on the state of the water system, allowing users to make informed decisions about system management and maintenance. The program can process vast volumes of data, including sensor data, network data, and device data, and it allows to analyze and visualize it in real time. The software component of a water and wastewater SCADA system is always changing, with new features and capabilities being introduced to increase system efficiency and dependability.
- The residential segment is expected to grow at the fastest CAGR during the forecast period.
Based on the end user, the global SCADA in water and wastewater management market is categorized into residential, and industrial. Among these, the residential segment is expected to grow at the fastest CAGR during the forecast period. The application of SCADA in residential water and wastewater management is increasing due to a strong demand for monitoring and controlling individual water treatment and distribution systems in individual homes or small communities. These systems usually include sensors that assess water quality, flow rate, pressure, and other factors, as well as controls like pumps, valves, and filter systems. These are often less sophisticated than utility or industrial systems, allowing for simpler software implementation.
Regional Segment Analysis of the Global SCADA in Water and Wastewater Management Market
- North America (U.S., Canada, Mexico)
- Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
- Asia-Pacific (China, Japan, India, Rest of APAC)
- South America (Brazil and the Rest of South America)
- The Middle East and Africa (UAE, South Africa, Rest of MEA)
Europe is projected to hold the largest share of the global SCADA in water and wastewater management market over the forecast period.
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Europe is projected to hold the largest share of the global SCADA in water and wastewater management market over the forecast period. The increasing number of investments in water and sewage infrastructure has a significant impact on environmental protection. In Europe, SCADA systems are critical to the proper management of water resources, providing a consistent supply of high-quality drinking water and effective water treatment throughout the area. The corporations are analyzing their efforts to improve the extensive regulatory frameworks that exist to monitor and govern water and wastewater services, which promotes regional market growth.
Asia Pacific is expected to grow at the fastest CAGR growth of the global SCADA in water and wastewater management market during the forecast period. In the Asia-Pacific area, modern technologies such as artificial intelligence, big data analytics, and the Internet of Things are increasingly being integrated into water and wastewater SCADA systems. The growing number of government programs to upgrade water and sanitation facilities in the region is also driving market expansion. Furthermore, the region's water automation and instrumentation market would expand significantly due to the rising demand for smart solutions in water distribution networks, particularly in emerging nations like India and China.
Competitive Analysis:
The report offers the appropriate analysis of the key organizations/companies involved within the global SCADA in water and wastewater management 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
- Emerson Electric Co.
- General Electric Company
- Hitachi, Ltd.
- ABB
- Anglian Water Services Limited
- Aquanet Engineered Water Solution
- BLTI
- Eaton
- Honeywell International Inc.
- PSI Software AG
- Rockwell Automation
- Yokogawa Electric Corporation
- Others
Key Market Developments
- In July 2023, HC Private Investments, a Chicago-based family office private equity firm, announced the successful acquisition of QEI, Inc. in collaboration with the company's former owner and CEO, Normand Lavoie. The terms of the purchase were not disclosed. It provides supervisory control and data acquisition ("SCADA") software solutions, distribution management systems, and related services to customers in the mass transport, utility, and water/wastewater industries.
- In April 2022, Inframark, LLC, an industry leader in water and wastewater facility operations, maintenance, and management, as well as other outsourced services, is pleased to announce the acquisition of BLTI, a leading provider of comprehensive integration solutions for instrumentation and control systems to municipal, commercial, and institutional clients. BLTI focuses on large-scale supervisory control and data acquisition (SCADA) systems, control panels, fire alarms, and security systems.
- In September 2022, Anglian Water has announced a 12-month trial partnership with Norwegian technology startup Infotiles to evaluate AI-based technologies for water treatment and recycling processes. The Infotiles combines Anglian's existing SCADA systems into a single event streaming platform capable of aggregating, comparing, and visualizing device reliability. It also allows Anglian to experiment with different sensor technologies and compare the reliability and accuracy of different devices under test.
Key Target Audience
- Market Players
- Investors
- End-users
- Government Authorities
- Consulting And Research Firm
- Venture capitalists
- Value-Added Resellers (VARs)
Market Segment
This study forecasts revenue at global, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the global SCADA in water and wastewater management market based on the below-mentioned segments:
Global SCADA in Water and Wastewater Management Market, By Component
- Software
- Hardware
Global SCADA in Water and Wastewater Management Market, By End User
- Residential
- Industrial
Global SCADA in Water and Wastewater Management Market, By Regional
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- Uk
- France
- Italy
- Spain
- Russia
- Rest of Europe
- Asia Pacific
- China
- Japan
- India
- South Korea
- Australia
- Rest of Asia Pacific
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- South Africa
- Rest of the Middle East & Africa
Frequently Asked Questions (FAQ)
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1.What is the CAGR of the global SCADA in water and wastewater management market over the forecast period?The Global SCADA in Water and Wastewater Management Market Size is expected to Grow from USD 1.89 Billion in 2023 to USD 3.23 Billion by 2033, at a CAGR of 5.51% during the forecast period 2023-2033.
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2.Which region is expected to hold the highest share in the global SCADA in water and wastewater management market?Europe is projected to hold the largest share of the global SCADA in water and wastewater management market over the forecast period.
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3.Who are the top key players in the SCADA in water and wastewater management market?Emerson Electric Co., General Electric Company, Hitachi, Ltd., ABB, Anglian Water Services Limited, Aquanet Engineered Water Solution, BLTI, Eaton, Honeywell International Inc., PSI Software AG, Rockwell Automation, Yokogawa Electric Corporation, and others.
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