Distributed Control Systems Market Segmented on Basis of Industry, Component, Application, And Regio

Market Highlights:-

Distributed control systems are special control systems that are capable of controlling complicated, large and locational distributed applications that are used in different industrial processes. Unlike the centralized systems, each device in distributed control systems is controlled by a specific controller. Communication between the controllers of different devices, located geographically at different places, becomes feasible with the help of distributed control systems.

Distributed control systems has various advantages, including inexpensive computation, pervasive embedded sensing, actuation, and communication.Distributed control systems are driven by the facts such as increasing energy and power sector, technological advancements in control system, rising adoption of cloud computing technology, and increasing automation to reduce personnel costs. For instance, the smart grids in power sector include cloud technology, which serve by providing power equally to all regions, and takes accurate response of injection, withdrawal, and frequency of power.

Top Key Players:-

The key players of global vacuum circuit breakers market are Schneider Electric SE (France), ABB Ltd. (Switzerland), Rockwell Automation Inc. (U.S.), Alstom SA (France), Siemens AG (Germany), and Toshiba (Japan). Metso (Finland), Hitachi (Japan), Azbil Corp. (Japan), Emerson Electric (U.S.), Crompton Greaves Ltd. (India), Mitsubishi Electric Corporation (Japan), and Honeywell International Inc. (U.S.) are among others.

Segments:-

Distributed control systems market is segmented based on industry, component, application, and region. On the basis of industry, the market is segmented as oil & gas, power generation, chemicals, pharmaceuticals, metals & mining, pulp & paper, food & beverage, others. Amongst these, oil & gas industry is expected to dominate the market during the forecast period, owing to major players implementing the distributed control systems, and increasing automation and cloud computing technology in the field of operations and in logistics and refineries. Based on component, the distributed control systems market is classified as hardware, software and services. Software segment held the largest market share owing to new and industry-specific software and cloud computing, SaaS, COTS software getting popular. On the basis of application, the market is categorized as continuous process and batch process. Continuous process segment is dominating the market for distributed control systems. Increasing productions from industries such as chemicals, metals & mining is driving the continuous process segment.

Regional Analysis:-

The Asia Pacific region is dominating the in distributed control systems market, with the fastest growing nations such as China, India, South Korea, and Japan in the region. Due to increasing industrialization and urbanization in these nations, demand for products from the industries is increasing. According to Department of Science and Technology of India, with rising electricity generation from unpredictable sources from renewable sources feeding the grid, the opportunities for smart grids are immense at distribution and transmission level. The smart grids also work on the basis of cloud computing technology and distribution control system deployed. These factors drive the distributed control systems market in the region. North America region is likely to follow the market share position by virtue of increasing demand for automation from industries and flourishing communication and automobile industry. Besides, all the major oil & gas players are present in the North America region, and they adopt the distribution control system technology for ease of field operations and logistics of the products.

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