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Wind Power SCADA Market

Wind Power SCADA Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2021-2031

Wind Power SCADA: Introduction

  • Demand for energy derived from alternative and renewable sources across the globe has been rising at a significant pace for the last few years. Wind turbine produces energy from the incoming wind by converting kinetic energy into electrical energy.
  • Wind turbines totally depend on wind speed. Wind is sustainable and a clean source of fuel and does not produce any harmful emission. Wind would never run out, as it is constantly replenished by energy from the sun. Wind turbine has the capability to generate electricity in unstable weather conditions.
  • Concerns about the environment to reduce carbon emissions across the globe has provided an opportunity for the development of sources of renewable energy. Policy interventions such as Nationally Determined Contributions (NDCs) by countries and Sustainable Development Goals (SDGs) are presently creating a demand for renewable energy, globally.
  • Demand for wind power in the near future depends on the technology and its cost, enactment of supportive policies and economic incentives, prices of the fossil fuels, investor interest, consumer awareness, quality assurance from developers or manufacturers, permitting processes and regulations, and wind evaluation tools
  • SCADA (Supervisory Control and Data Acquisition) is a data-based condition monitoring system that collects data from the wind farm, analyses it, and helps determine the operational performance of the wind turbine. Rise in awareness about renewable energy sources would boost the demand for wind energy, which in turn is expected to drive the wind power SCADA market in the near future.

Key Drivers and Restraints of Wind Power SCADA

  • Production of energy from sustainable sources, such as wind energy, has been increasing significantly across the globe in order to reduce the adverse impact of global warming. According to the Global Wind Energy Council (GWEC), the wind industry is anticipated to bring total global wind power capacity to nearly 1000 GW by the end of 2024 with new installation of 348 GW capacity between 2020 and 2024.
  • Technological innovation with respect to design of wind turbine materials, such as glass composites to reduce the maintenance and installation cost, is expected to drive the global wind power SCADA market during the forecast period. Smaller components made of modern glass composites are cheaper and easy to transport and assemble. Furthermore, these components are easy to install and repair. This reduces the installation and maintenance costs.
  • Requirement of high technical skill for installation of wind turbines is expected to hamper the global wind power SCADA market during the forecast period

COVID-19 Impact Analysis on Power Demand

  • Governments of several countries across the globe have imposed stringent lockdowns to limit the spread of the coronavirus. Movement of individuals and economic activities, related to goods and services, have come to a halt because of lockdowns. This has adversely affected the demand for electricity for commercial purposes, which in turn, has hampered the global wind power SCADA market.

Wind Power SCADA Market Segmentation

  • The global wind power SCADA market can be segmented based on type, system component, and application
  • In terms of type, the global wind power SCADA market can be bifurcated into SCADA hardware, SCADA software and SCADA service
  • In terms of system component, the global wind power SCADA market can be classified into turbine controller interface, site network and SCADA server
  • In terms of application, the global wind power SCADA market can be divided into offshore wind power and onshore wind power. The off-shore wind power segment of wind power SCADA market is anticipated to expand at a rapid pace, as off-shore installation helps curb effects such as noise pollution and environmental damage.

Wind Power SCADA Market: Regional Segmentation

  • In terms of region, the global wind power SCADA market can be split into Middle East & Africa, Latin America, Asia Pacific, Europe, and North America
  • China is expected to dominate the wind power SCADA market in Asia Pacific during the forecast period. According to the International Renewable Energy Agency, total renewable electricity generation in Asia Pacific stood at 26, 43,589 GWH in 2018; of this, 13.86% of electricity is generated by wind energy sources in China. 
  • The U.S. dominated the market in North America by installing nearly 17 GW new capacity in 2020. According to the Global Wind Energy Council (GWEC), total wind power capacity of North America was 136 GW in 2020.  While, total wind power capacity of Latin America was 34 GW in 2020.   Brazil dominated the market in Latin America with installation of nearly 2.3 GW capacity in 2020. North America and Latin America increased wind power installation capacity by 62% in 2020. This helped to curb around 250 million tons of carbon dioxide emission annually.
  • Germany is expected to dominate the wind power SCADA market in Europe during the forecast period. According to the International Renewable Energy Agency, total renewable electricity generation in Europe stood at 12, 97,883 GWH in 2018; of this, 08.47% of electricity is generated by wind energy source in Germany. 

Key Players Operating in Global Market

  • DEIF A/S
  • Ingeteam
  • Schneider Electric
  • Proconex
  • Siemens
  • KK Wind Solutions
  • Emerson Electric Co.
  • Hitachi, Ltd.
  • ABB
  • Enercon
  • Bachmann electronic GmbH
  • Others

Global Wind Power SCADA Market: Research Scope

Global Wind Power SCADA Market, by Type

  • SCADA Hardware
  • SCADA Software
  • SCADA Service

Global Wind Power SCADA Market, by System Component

  • Turbine Controller Interface
  • Site Network
  • SCADA Server

Global Wind Power SCADA Market, by Application

  • Offshore Wind Power
  • Onshore Wind Power

Global Wind Power SCADA Market, by Region

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • France
    • U.K.
    • Italy
    • Spain
    • Russia & CIS
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • ASEAN
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa
Wind Power SCADA Market

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