The research study involved four major steps in estimating the size of the SCADA in renewable energy market. Exhaustive secondary research has been done to collect key information about the market and peer markets. The next step has been to validate these findings and assumptions and size them with the help of primary research with industry experts across the value chain. Both top-down and bottom-up approaches have been used to estimate the market size. After this, the market breakdown and data triangulation approaches have been adopted to estimate the market sizes of segments and subsegments.
Secondary Research
In the secondary research process, various secondary sources were referred to identify and collect information required for this study. The secondary sources include annual reports, press releases, investor presentations of companies, white papers, and articles from recognized authors. Secondary research has been mainly done to obtain key information about the market’s value chain, the pool of key market players, market segmentation according to industry trends, regional outlook, and developments from market and technology perspectives.
In the SCADA in renewable energy market report, the global market size has been estimated using the top-down and bottom-up approaches, along with several other dependent submarkets. Major players in the market were identified using extensive secondary research, and their presence in the market was determined using secondary and primary research. All the percentage splits and breakdowns have been determined using secondary sources and verified through primary sources.
Primary Research
Extensive primary research has been conducted after understanding the SCADA in renewable energy market scenario through secondary research. Several primary interviews have been conducted with key opinion leaders from demand- and supply-side vendors across four major regions—North America, Europe, Asia Pacific, and RoW. Primary sources from the supply side included various industry experts, such as chief experience officers (CXOs), vice presidents (VPs), directors from business development, marketing, product development/innovation teams, and related key executives from companies offering SCADA solutions; industry associations; independent consultants and importers; distributors; and key opinion leaders.
After successful interaction with industry experts, brief sessions were conducted with highly experienced independent consultants to reinforce the findings of our primary research. This, along with the in-house subject matter experts’ opinions, has led us to the findings as described in the report. The breakdown of primary respondents is as follows:
Note: Others include sales, marketing, and product managers.
To know about the assumptions considered for the study, download the pdf brochure
Market Size Estimation
In the complete market engineering process, the top-down and bottom-up approaches and several data triangulation methods have been used to estimate and forecast the market size for the overall market segments and subsegments listed in this report. Extensive qualitative and quantitative analyses have been performed on the complete market engineering process to list the key information/insights throughout the report.
Key players in the SCADA in renewable energy market were identified through secondary research, and their rankings in the respective regions were determined through primary and secondary research. This entire procedure involved the study of the annual and financial reports of top players, and interviews with industry experts, such as chief executive officers, vice presidents, directors, and marketing executives, for quantitative and qualitative key insights. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All parameters that affect the markets covered in this research study were accounted for, viewed in extensive detail, verified through primary research, and analyzed to obtain the final quantitative and qualitative data. This data was consolidated, supplemented with detailed inputs and analysis from MarketsandMarkets, and presented in this report.
Bottom-Up Approach
-
Identifying various sector types using or expected to deploy SCADA solutions
-
Analyzing each sector type, along with related major companies and system integrators, for the implementation of SCADA systems
-
Estimating the size of the SCADA in renewable energy market based on the demand from these sectors
-
Tracking the ongoing and upcoming installation contracts, acquisitions, expansions, and product launches by various companies and forecasting the market based on these developments and other critical parameters
-
Conducting multiple discussions with key opinion leaders to understand the implementation of SCADA solutions in various sectors
-
Arriving at the market estimates by analyzing the country-wise deployment of SCADA systems in renewable energy projects and aggregating this data to derive regional market estimates
-
Verifying and crosschecking the estimates at every level through discussions with key opinion leaders, including CEOs, directors, operations managers, and domain experts at MarketsandMarkets
-
Studying various paid and unpaid information sources, such as annual reports, press releases, and white papers
Top-Down Approach
-
Information related to the revenue of key manufacturers and providers of SCADA solutions was studied and analyzed to estimate the global size of the SCADA in renewable energy market.
-
Multiple discussions were conducted with key opinion leaders to understand the demand for SCADA solutions and analyze the break-up of the scope of work carried out by each significant company.
-
Revenues, geographic presence, key industries, and the diverse offerings of all identified players in the SCADA in renewable energy market were studied to estimate and arrive at the percentage split of different market segments.
-
All major SCADA players were identified through secondary research and verified through brief discussions with industry experts.
-
Geographic splits were estimated using secondary sources based on factors such as the number of players offering SCADA solutions in a specific country or region and the industries for which these players provide.
SCADA in Renewable Energy Market : Top-Down and Bottom-Up Approach
Data Triangulation
After arriving at the overall size of the SCADA in renewable energy from the market size estimation processes explained above, the total market has been split into several segments and subsegments. Where applicable, the market breakdown and data triangulation procedures have been employed to complete the overall market engineering process and arrive at the exact statistics for all segments and subsegments. The data has been triangulated by studying various factors and trends. Additionally, the market size has been validated using top-down and bottom-up approaches.
Market Definition
SCADA is an automation system that monitors and controls complex systems/processes deployed in several industries. This system allows data to be gathered from field devices and processed in real time to send commands that regulate or control industrial equipment or processes. It acts as an interface between plant machinery and input devices such as sensors and actuators, which are part of SCADA system components, such as the human–machine interface (HMI) and programmable logic controller (PLC). SCADA provides plant operators with crucial data regarding industrial processes and helps them make appropriate response and control decisions. The system records and maintains all real-time data.
The SCADA in renewable energy market encompasses advanced automation solutions that facilitate real-time monitoring, control, and data management of wind, solar, and hydroelectric power assets. These systems are critical in maximizing energy output, enhancing operational efficiency, reducing downtime, and enabling seamless integration with the power grid. By leveraging a combination of hardware and software, SCADA solutions provide centralized oversight of distributed energy infrastructure, supporting data-driven decision-making, predictive maintenance, and optimized asset performance.
Key Stakeholders
-
End users
-
Application providers
-
System integrators and automation consultants
-
Renewable energy project developers
-
SCADA software package vendors
-
SCADA component suppliers
-
Professional service/solution providers
-
Cloud and data infrastructure service providers
-
Original equipment manufacturers (OEMs)
-
Grid operators and utility companies
-
Operators and end users (wind, solar, and hydroelectric sectors)
-
Technology standards organizations, forums, alliances, and associations
Report Objectives
-
To define, describe, and forecast the global SCADA in renewable energy market, by component, sector type, and region, in terms of value
-
To describe and forecast the market size for various segments covering all four regions: North America, Europe, Asia Pacific, and RoW, along with their respective countries
-
To provide detailed information regarding the major drivers, restraints, opportunities, and challenges influencing the market growth
-
To strategically analyze the micromarkets1 concerning individual growth trends, prospects, and contributions to the total market
-
To provide a comprehensive overview of the value chain of the SCADA in renewable energy ecosystem
-
To provide case study analysis, technology analysis, value chain analysis, trends/disruptions impacting customer business, impact of AI/Gen AI, key conferences and events, pricing analysis, and Porter’s five forces analysis of the market under study
-
To strategically profile the key players and comprehensively analyze their market positions in terms of their ranking and core competencies2, along with detailing the competitive landscape for market leaders
-
To analyze the competitive developments, such as contracts, partnerships, and product launches, in SCADA in renewable energy market
-
To provide a macroeconomic outlook based on all the regions in the region chapter and the impact of the 2025 US tariff on the market
-
To analyze the opportunities in the market for various stakeholders by identifying the high-growth segments of the SCADA market and provide a detailed competitive landscape for the market players
Customization Options
With the given market data, MarketsandMarkets offers customizations according to the specific requirements of companies. The following customization options are available for the report:
-
Detailed analysis and profiling of additional market players based on various blocks of the supply chain
Growth opportunities and latent adjacency in SCADA in Renewable Energy Market