PUBLISHER: Verified Market Research | PRODUCT CODE: 1629997
PUBLISHER: Verified Market Research | PRODUCT CODE: 1629997
SCADA In Water And WasteWater Management Market size was valued at USD 1895.88 Million in 2024 and is projected to reach USD 2913.99 Million by 2031, growing at a CAGR of 5.52% from 2024 to 2031.
Growing investment in water and wastewater infrastructure, increasing sophistication in maintenance and management of water and wastewater facilities, improving efficiency in wastewater management and initiatives undertaken by several governments, and a broad regulatory framework for monitoring and controlling water and wastewater services is the factor driving the market growth of the SCADA In Water And Wastewater Management Market. The Global SCADA In Water And Wastewater Management Market report provides a holistic evaluation of the market. The report offers a comprehensive analysis of key segments, trends, drivers, restraints, competitive landscape, and factors that are playing a substantial role in the market.
Global SCADA In Water And Wastewater Management Market Definition
Supervisory control and data acquisition (SCADA) is a standard term for the digital networks and computer systems that gather and analyze real-time data. It is essentially a distributed computing and communications equipment designed to work together for the purpose of controlling a commercial process. SCADA system allows water and wastewater treatment plants to be automated, as well as manage and organize operation data automatically. Utility departments, water, and wastewater management companies, and other manufacturers use SCADA for the control and for consistent automated data. Key personnel in these sectors can identify, where real-time problems are occurring in their water and wastewater treatment systems through various data logging points.
Global SCADA In Water And Wastewater Management Market Overview
The importance of water and wastewater treatment is growing across the globe. Most of the used water in the world is still not regulated, and thus causes major pollution. Therefore, wastewater treatment is becoming more and more important. Most of the water from households worldwide is still not treated and reused. Water contaminated with chemicals and/or faeces flows to the ecosystem and, as a matter of course, significantly impacts society and nature. For instance, according to the figures published by World Health Organization (WHO) in 2021, globally at least 2 billion people use water contaminated with faeces, and almost 85% of the world's total wastewater is discharged without adequate or any treatment.
One of the key challenges that manufacturers face in the world SCADA market is ensuring enhanced cyber security. The SCADA systems' vulnerabilities and the evolving threats from the cyberattacks that target them present a challenge for its integrators in the water and wastewater treatment industry.
The evolution of SCADA systems has helped plants minimize errors that can lead to regulatory permit violations or malfunctions, improving efficiency and helping reduce costs for energy and supplies. The systems integrated with AI help make operators do their jobs more efficiently and safely.
The Global SCADA In Water And Wastewater Management Market is Segmented on the basis of Component, End-Use Industry, And Geography.
Based on Components, the market is bifurcated into Software and Hardware. Software accounted for the largest market share in 2020. SCADA (supervisory control and data acquisition) is a category of software applications for controlling industrial processes, which is the gathering of data in real-time from remote locations in order to control equipment and conditions.
The "Global SCADA In Water And Wastewater Management Market" study report will provide valuable insight with an emphasis on the global market including some of the major players such as Schneider Electric, Honeywell International, ABB ltd, Emerson Electric, Yokogawa, Rockwell automation, and many others.
Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide an insight into the financial statements of all the major players, along with product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the players mentioned above globally.
.4.2 HIGH COST OF SCADA SYSTEMS