| Product Code: ETC4523245 | Publication Date: Jul 2023 | Product Type: Report | ||
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India power SCADA market import shipment exhibited a moderate growth trend with a CAGR of 1.5% from 2020 to 2024. However, there was a notable slowdown in growth between 2023 and 2024, with a negative growth rate of -7.9%. Overall, the market expansion stabilized towards the end of the period.
Supervisory Control and Data Acquisition (SCADA) systems are fundamental for monitoring and controlling power infrastructure. The power SCADA market in India is experiencing growth as utilities and industries seek to optimize grid operations and enhance real-time visibility. SCADA systems enable efficient management of power generation, transmission, and distribution, ensuring reliability and minimizing downtime.
The India Power SCADA (Supervisory Control and Data Acquisition) market is seeing significant growth owing to several drivers. With the expansion and modernization of the power infrastructure, the need for real-time monitoring and control of power systems has become paramount. Power SCADA systems provide utilities and grid operators with the ability to manage, optimize, and secure their operations. The increasing adoption of renewable energy sources, such as solar and wind, necessitates advanced SCADA solutions to integrate these intermittent power sources seamlessly into the grid. Furthermore, the government`s focus on improving grid reliability, reducing downtime, and ensuring efficient power distribution is fostering the adoption of Power SCADA systems across the country.
The India Power SCADA market faces several challenges, primarily concerning cybersecurity and data protection. As power systems become more interconnected and reliant on digital infrastructure, the risk of cyberattacks and data breaches has risen significantly. Ensuring the security of critical power infrastructure data is a paramount concern. Moreover, the adoption of standardized communication protocols and seamless integration with legacy systems presents technical challenges.
The COVID-19 pandemic brought the importance of power supervisory control and data acquisition (SCADA) systems to the forefront. With social distancing measures in place, utilities sought enhanced remote monitoring and control capabilities. The market responded by offering SCADA solutions that allowed utilities to ensure uninterrupted power supply while minimizing physical interventions. The pandemic accelerated the adoption of advanced SCADA technologies.
In the power SCADA market in India, companies like ABB, Siemens, and Schneider Electric offer supervisory control and data acquisition solutions for monitoring and controlling electrical systems, contributing to grid reliability.
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 Power SCADA Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Power SCADA Market Revenues & Volume, 2021 & 2031F |
3.3 India Power SCADA Market - Industry Life Cycle |
3.4 India Power SCADA Market - Porter's Five Forces |
3.5 India Power SCADA Market Revenues & Volume Share, By Architecture, 2021 & 2031F |
3.6 India Power SCADA Market Revenues & Volume Share, By Component, 2021 & 2031F |
4 India Power SCADA Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing adoption of smart grid technologies in India |
4.2.2 Growing emphasis on energy efficiency and grid reliability |
4.2.3 Government initiatives to modernize power infrastructure in the country |
4.3 Market Restraints |
4.3.1 High initial investment costs associated with implementing SCADA systems |
4.3.2 Lack of skilled workforce to operate and maintain SCADA systems effectively |
4.3.3 Concerns regarding cybersecurity and data privacy in power SCADA systems |
5 India Power SCADA Market Trends |
6 India Power SCADA Market, By Types |
6.1 India Power SCADA Market, By Architecture |
6.1.1 Overview and Analysis |
6.1.2 India Power SCADA Market Revenues & Volume, By Architecture, 2021-2031F |
6.1.3 India Power SCADA Market Revenues & Volume, By Hardware, 2021-2031F |
6.1.4 India Power SCADA Market Revenues & Volume, By Software, 2021-2031F |
6.1.5 India Power SCADA Market Revenues & Volume, By Services, 2021-2031F |
6.2 India Power SCADA Market, By Component |
6.2.1 Overview and Analysis |
6.2.2 India Power SCADA Market Revenues & Volume, By Remote Terminal Unit, 2021-2031F |
6.2.3 India Power SCADA Market Revenues & Volume, By Programmable Logic Controller, 2021-2031F |
6.2.4 India Power SCADA Market Revenues & Volume, By Human Machine Interface, 2021-2031F |
6.2.5 India Power SCADA Market Revenues & Volume, By Communication System Protection relays, 2021-2031F |
7 India Power SCADA Market Import-Export Trade Statistics |
7.1 India Power SCADA Market Export to Major Countries |
7.2 India Power SCADA Market Imports from Major Countries |
8 India Power SCADA Market Key Performance Indicators |
8.1 Percentage increase in grid reliability and uptime |
8.2 Average time taken to respond to system failures or disruptions |
8.3 Energy efficiency improvements achieved through SCADA system implementation |
9 India Power SCADA Market - Opportunity Assessment |
9.1 India Power SCADA Market Opportunity Assessment, By Architecture, 2021 & 2031F |
9.2 India Power SCADA Market Opportunity Assessment, By Component, 2021 & 2031F |
10 India Power SCADA Market - Competitive Landscape |
10.1 India Power SCADA Market Revenue Share, By Companies, 2024 |
10.2 India Power SCADA Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |