Global SCADA market to reach $3.56bn by 2030

Driven by strong solar adoption, the global SCADA systems market for renewable energy is expected to reach $3.56bn by 2030, with an estimated average annual growth rate of 12.7%, according to MarketsandMarkets.

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Supervisory Control and Data Acquisition (SCADA) systems are experiencing significant expansion in the renewable energy sector, particularly driven by increased deployment of solar and wind installations. According to a report published by MarketsandMarkets, the global market value is projected to grow from $1.96bn in 2025 to approximately $3.56bn in 2030, representing a compound annual growth rate (CAGR) of 12.7%.

Significant growth in the software segment

Among the components analysed, the software segment is expected to experience the strongest growth during this period. This trend is driven by the increasing need for intelligent and adaptive tools to efficiently manage modern energy infrastructures. Advanced functionalities such as automated fault detection, adaptive control, and precise reporting have become indispensable in the face of strict regulatory requirements.

Cloud-based systems and subscription models facilitate small operators’ access to these technologies, further opening the market. Additionally, the growing integration of technologies such as artificial intelligence (AI), edge computing, and blockchain strengthens the attractiveness of SCADA software for sector stakeholders.

Solar dominance in the SCADA market

The solar sector is expected to hold the largest market share in SCADA systems for renewable energies by 2030. This dominance is explained by the widespread adoption of solar energy across residential, commercial, and industrial sectors, due to its flexibility, decreasing costs, and ease of installation.

SCADA systems are becoming essential for ensuring optimal management of solar assets, responding to the need to effectively monitor energy production and manage grid integration. The inherent variability of solar production, dependent on weather conditions, demands robust solutions to maintain consistent asset efficiency.

Asia-Pacific at the forefront

Regionally, Asia-Pacific held the largest share of the global SCADA market in 2024, a trend expected to continue. This region is rapidly developing its renewable energy market under the leadership of countries such as China, India, Japan, and South Korea.

China plans to add nearly 3,207 gigawatts (GW) in renewable capacity between 2024 and 2030, while India intensifies its efforts to expand solar and wind capacities to meet its energy targets set for 2030. Japan and South Korea also continue their respective initiatives in energy diversification and renewable integration, supported by favourable regulatory frameworks and significant investments.

With increasingly decentralised energy infrastructures, the SCADA market plays a crucial role in managing distributed assets, ensuring grid stability, and minimising operational disruptions. The development of smart infrastructures and governmental support for smart grids further drives the adoption of these systems.

According to Wood Mackenzie, the end of the tax credit in the United States could lead to a 46% drop in new residential solar installations by 2030, despite strong long-term market potential.
Audax Renovables commits EUR17mn to a 21.88 MWp solar plant in Navalmoral de la Mata, targeting annual output of 42 GWh, backed by structured financing from the European Investment Bank.
Solarcentury commissions 25 MWp at Mailo, Zambia, connecting for the first time a merchant solar plant to the Southern African Power Pool and begins construction of the next phase.
Solarise Africa secures $3.3mn in financing from Mergence Investment Managers to accelerate the deployment of solar systems for the commercial and industrial sector in Africa.
First Solar anticipates higher revenue for the current year, driven by an increase in solar panel prices following the introduction of new import tariffs.
GoldenPeaks Capital commissions two large-scale photovoltaic plants in Hungary, strengthening the integration of independent solar generation and the electricity supply on the national market.
Emerge has signed a twenty-year contract with Misk City for the supply of solar electricity through a 621 kWp photovoltaic plant, supporting the site’s environmental certification and urban transformation.
SANY begins construction of a 10 MW solar power plant in Zimbabwe, the first African project integrating engineering, procurement and financing, while continuing its expansion in microgrids and hybrid solutions across the continent.
Stem deploys a grid optimisation solution for the Camino solar site, with a capacity of 57 MW, in California, meeting IEEE 2800 standards and targeting operational reliability and market performance.
Green Hybrid Power secures initial $4.4mn financing to launch a 1 GW floating solar power plant in Zimbabwe, aiming to supply 500 MW to industry under a twenty-year contract.
Loblaw Group will deploy a 7.5 MW photovoltaic installation on the roof of its East Gwillimbury distribution centre, generating up to 25% of the site’s annual electricity and marking a new step for the Canadian logistics sector.
Savion, a Shell subsidiary, transfers majority ownership of five solar projects to Tango Holdings, 80% owned by Ares, to optimise the U.S. renewable electricity production portfolio and improve the profitability of the oil group’s investments.
Investment fund KKR is committing $335mn in a strategic partnership with CleanPeak Energy to accelerate the rollout of solar, storage and microgrid solutions aimed at Australian businesses.
Bluebird Solar is initiating a significant investment plan in Greater Noida to increase its production capacity to 2.5 GW and integrate automated lines powered by artificial intelligence.
TotalEnergies ENEOS has commissioned a 680-kilowatt photovoltaic facility at TechnipFMC’s Johor Bahru site, supplying 20% of the factory’s energy needs under an 18-year power purchase agreement.
Voltalia has been selected for the construction of two photovoltaic plants in Ireland, totalling 92.9 megawatts, further strengthening its presence in the country’s solar infrastructure market.
The latest report from the International Renewable Energy Agency confirms the cost superiority of renewables, but highlights persistent challenges for grid integration and access to financing in emerging markets.
EDP Renewables North America and California Water Service have entered into a 20-year agreement to supply solar energy to a strategic Bakersfield site, reducing grid energy costs by about $1.7mn over the contract duration.
Solar growth in the European Union is seeing its first annual contraction in ten years, following reduced subsidies and shifting budget priorities in several member states.
Scatec secures the development of a 846 MW photovoltaic cluster in the Free State province, with an investment of ZAR13bn ($735mn), following the seventh round of South Africa's REIPPPP programme.