Distributed Control System Market Outlook to 2027, Update 2017-Capacity, Generation, Investment Trends, Regulations and Company Profiles

The prime objective of Distributed Control System Market report is to help the user understand the market in terms of its definition, segmentation, market potential, influential trends, and the challenges that the market is facing. Deep researches and analysis were done during the preparation of the report. The readers will find this report very helpful in understanding the market in depth.

Market Overview:-

A distributed control system (DCS) is a computer control system to manage process with a large number of autonomous distributed control loops, with a supervisory control. DCS drives on the idea of decentralizing the control unit while interlinking them by a common network which also enables control, and monitoring the components individually. DCS provides flexibility of design as well as simplicity of operation which further enhances its value.
Distributed Control System is a platform used in manufacturing industries to control and manage the process. The DCS system has the networking capabilities which are useful in the process management. The inputs and outputs can be analog signal or discrete signal. The global Distributed Control System market is expected to grow at a CAGR of XX% during the forecast period.

Top Key Player:-

• Siemens AG
• ABB Ltd.
• Honeywell International Inc.
• Emerson Electric Co
• Schneider Electric
• Yokogawa Electric

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Segments:-

To generate a comprehensive understanding of the market the report on global distributed control system market has been segmented by industry, application, components and region.
Industry - oil & gas, chemicals, power generation, metals & mining, food & beverage, pharmaceutical, paper & pulp and others.
Application - batch and continuous.
Component - hardware, software, and services.
Region - North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Industry Trends:

“Emerging sectors such as renewable power generation is the most lucrative market opportunity” comments Mr. Suhail Noolkar, researcher at Market Research Future. He further adds that “shift from batch operations to continuous manufacturing coupled with increasing automation will drive the distributed control system market towards the automotive and pharmaceutical sectors”.

However Mr. Noolkar warns that “data security and cyber security are prominent threats which is demonstrated by the recent breaches threatening safety of plants and people alike. This has resulted in the technological shift towards security and encryption”.

“Players need to upgrade their security features so as to compete effectively and information technology has to play a larger role than ever especially for projects involving critical industries and applications”, he adds with a smirk on his face!

There has also been a seismic shift in the industry from being hardware based transitioning to software. The pricing pressures and shrinking hardware business has created antecedents for the transition to software and value-added services. The need for real-time performance management (RPM), risk management coupled with automation was demonstrated by the ill-fated Fukushima reactor disaster. Thus artificial intelligence has a role to play which has the potential to transform the very face of the distributed control system market.

Regional Analysis of Distributed Control System (DCS) Market:

Asia-Pacific was estimated to be the largest market for distributed control system in 2015. It is also expected to grow at highest rate during the forecast period. The Middle East & Africa region is also projected to experience rapid growth during the forecast period.

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