Distributed Control Systems Market Revenue, Business Opportunity, Segment And Updated Key Trends
The distributed control systems market is driven by factors such as the booming power sector and augmented power generation capacities worldwide, growing industrial infrastructure in regions such as Asia Pacific, the Middle East, and Africa, and increased use of renewable and nuclear energy for power generation.
"The distributed control systems (DCS) market is expected to grow from an estimated USD 15.95 Billion in 2017 to USD 20.33 Billion by 2022, at a CAGR of 4.97%."
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The software segment is expected to account for the largest share of the DCS market, by component, during the forecast period
The continuous process segment is expected to be the largest DCS market in 2017
Asia Pacific is expected to be the leading DCS market during the forecast period
Target Audience:
The report’s target audience includes:
- DCS manufacturers and suppliers
- Government and research organizations
- National and local government organizations
- Technology providers
- Institutional investors
- Associations
Scope of the Report:
Distributed Control Systems Market, By Component:
- Hardware
- Software
- Services
Distributed Control Systems Market, By Application:
- Continuous Process
- Batch-Oriented Process
Distributed Control Systems Market, By Region:
- North America
- Europe
- Asia Pacific
- Middle East
- South America
- Africa
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To enable an in-depth understanding of the competitive landscape, the report includes the profiles of some of the top players in the DCS market. These include ABB (Switzerland), Siemens (Germany), Honeywell (US), Yokogawa (Japan), Emerson (US), Schneider Electric (France), General Electric (US), Rockwell (US), Toshiba (Australia), Metso (Finland), Azbil (Japan), Novatech (US), Mitsubishi (Japan), Hitachi (Japan), Can-Technologies (Canada), CG Power (India), Chint Electric (China), Larsen & Toubro (India), Hyosung (South Korea), Andritz (Austria), Mobile Automation (Australia), HollySys (China), ZAT (Czech Republic), Concept Systems (US), and Ingeteam (Spain).
Objectives of the Study:
- To define, describe, and forecast the DCS market by component, application, end-use industry, and region
- To provide detailed information regarding the major factors influencing the growth of the DCS market (drivers, restraints, opportunities, and industry-specific challenges)
- To strategically analyze the DCS market with respect to individual growth trends, future prospects, and the contribution of each segment to the market
- To track and analyze competitive developments, such as contracts & agreements and partnerships and collaborations, in the DCS market
- To strategically profile key players and comprehensively analyze their market shares and core competencies
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Contact:
Mr. Shelly Singh
MarketsandMarkets™ INC.