Product Code: ETC4525105 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India electrical SCADA market import shipment experienced a significant decline with a CAGR of -15.6% from 2020 to 2024. The growth rate between 2023 and 2024 further plummeted by -74.3%. The market contracted sharply, showing a pronounced downward momentum and a clear trend towards decreased import shipments.
The India Electrical Supervisory Control and Data Acquisition (SCADA) market is experiencing growth due to the increasing need for real-time monitoring, control, and automation of electrical systems. SCADA systems are crucial in ensuring the efficient operation and management of power grids, substations, and industrial facilities. With the expansion of the power infrastructure and the integration of renewable energy sources, the demand for advanced SCADA solutions is on the rise. Government initiatives to improve grid reliability and the adoption of smart grid technologies are further driving the growth of this market. Both domestic and international manufacturers are actively participating in providing SCADA solutions tailored to the specific requirements of the India market.
The growth in the power generation and distribution sector, coupled with the need for real-time monitoring and control, is driving the Electrical SCADA market in India. The government`s focus on smart grids and automation is further boosting the adoption of SCADA systems.
The electrical SCADA market in India confronts challenges related to data integration and cybersecurity. Ensuring that SCADA systems can handle vast amounts of data from diverse sources while protecting against cyber threats is a persistent concern. Moreover, providing user-friendly interfaces and training for operators is a challenge.
The COVID-19 pandemic had a significant impact on India electrical SCADA (Supervisory Control and Data Acquisition) market. With lockdowns and restrictions in place, the monitoring and control of electrical systems became even more critical. However, the disruptions in supply chains and project delays affected the market`s growth. As the importance of real-time monitoring and control becomes increasingly evident, the electrical SCADA market is poised to rebound, especially in critical infrastructure sectors.
In the India Electrical SCADA market, key players include Schneider Electric, ABB Ltd, Siemens AG, Honeywell International Inc., and Emerson Electric Co. These companies offer sophisticated Supervisory Control and Data Acquisition solutions to monitor and manage electrical systems efficiently.
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 Electrical SCADA Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Electrical SCADA Market Revenues & Volume, 2021 & 2031F |
3.3 India Electrical SCADA Market - Industry Life Cycle |
3.4 India Electrical SCADA Market - Porter's Five Forces |
3.5 India Electrical SCADA Market Revenues & Volume Share, By Architecture, 2021 & 2031F |
3.6 India Electrical SCADA Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.7 India Electrical SCADA Market Revenues & Volume Share, By Application, 2021 & 2031F |
4 India Electrical SCADA Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing demand for automation and digitalization in the Indian electrical sector |
4.2.2 Growing investments in infrastructure projects and smart grid initiatives |
4.2.3 Rising focus on energy efficiency and optimization in industrial processes |
4.3 Market Restraints |
4.3.1 High initial investment cost associated with implementing SCADA systems |
4.3.2 Lack of skilled workforce and expertise in SCADA technology |
4.3.3 Concerns regarding data security and cyber threats in SCADA systems |
5 India Electrical SCADA Market Trends |
6 India Electrical SCADA Market, By Types |
6.1 India Electrical SCADA Market, By Architecture |
6.1.1 Overview and Analysis |
6.1.2 India Electrical SCADA Market Revenues & Volume, By Architecture, 2021-2031F |
6.1.3 India Electrical SCADA Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India Electrical SCADA Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 India Electrical SCADA Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Electrical SCADA Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India Electrical SCADA Market Revenues & Volume, By Master Terminal unit, 2021-2031F |
6.2.3 India Electrical SCADA Market Revenues & Volume, By Remote Terminal unit, 2021-2031F |
6.2.4 India Electrical SCADA Market Revenues & Volume, By Human Machine Interface, 2021-2031F |
6.3 India Electrical SCADA Market, By Application |
6.3.1 Overview and Analysis |
6.3.2 India Electrical SCADA Market Revenues & Volume, By Generation, 2021-2031F |
6.3.3 India Electrical SCADA Market Revenues & Volume, By Transmission, 2021-2031F |
6.3.4 India Electrical SCADA Market Revenues & Volume, By Distribution, 2021-2031F |
7 India Electrical SCADA Market Import-Export Trade Statistics |
7.1 India Electrical SCADA Market Export to Major Countries |
7.2 India Electrical SCADA Market Imports from Major Countries |
8 India Electrical SCADA Market Key Performance Indicators |
8.1 Percentage increase in the adoption of SCADA systems in key industries |
8.2 Average time taken for companies to realize return on investment (ROI) after implementing SCADA |
8.3 Number of new product innovations and technological advancements in the Indian electrical SCADA market |
9 India Electrical SCADA Market - Opportunity Assessment |
9.1 India Electrical SCADA Market Opportunity Assessment, By Architecture, 2021 & 2031F |
9.2 India Electrical SCADA Market Opportunity Assessment, By Component, 2021 & 2031F |
9.3 India Electrical SCADA Market Opportunity Assessment, By Application, 2021 & 2031F |
10 India Electrical SCADA Market - Competitive Landscape |
10.1 India Electrical SCADA Market Revenue Share, By Companies, 2024 |
10.2 India Electrical SCADA Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |