Distributed Control Systems Market is anticipated to reach US$ 20.39 billion by 2020. This is attributed to the ever-increasing demand for energy along with speedy industrialization. The major industries and large power plants make use of distributed control systems for improving plant efficiency, reliability of control, and quality of process. The verticals where they find their presence include food processing units, oil & gas, nuclear power plants, water management systems, and automobile industries.
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Market Synopsis of Distributed Control Systems Market:
It is a known fact that
internet-based system makes way for proper integration and also does polish
operational functionality; thanks to remote access. Besides, distributed
control systems are capable of catering to loads of I/O points at a time. The
networking abilities do prove to be useful in program management. The output is
seen as control signals to several motors, valves, actuators, and the other
essentials. Plus, the objective of pocket-friendliness is met as installation
costs get reduced by having condensed the control functions adjacent to the
plant through remote access (as stated above).
Market Segmentation &
Significance:
The distributed control systems
market is segmented based on application, component, and geography. By
application, the segmentation goes like continuous and batch-oriented process.
Pharmaceutical companies ask for batch-oriented process as product volume is
pretty small. Continuous process comes into picture when bigger volumes of
products need to be catered to; that too, all in one go.
By component, the distributed
control systems (DCS) industry spans service, hardware, and software. Hardware
components are further classified as I/O modules, workstations, networking
hardware, and controllers. By geography, the market says North America, Europe,
Asia Pacific, LATAM, and MEA. North America is the torchbearer due to the fact
that close to 5 million buildings all over North America need to be
retrofitted. This increases the potential for distributed control systems
herein. Asia Pacific will witness the highest growth due to urbanization
increasing at an alarming rate. Economic slowdown will put growth in Europe to
a standstill.
Players:
The players contributing to the
distributed control systems market include Toshiba International, Rockwell
Automation, Omron, Mitsubishi, Invensys, NovaTech Process Solutions, Metso
Corporation, General Electric, Schneider Electric SE, Emerson Electric,
Yokogawa Electric, Honeywell, Siemens AG, Azbil, and ABB. Organic growth is
being focused on. For example – Honeywell launched “Experion LX” for process
automation that is said to have a broad scale of operation; right from single
controller and computer to loads of controllers and stations.
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Table of Contents:-
Chapter 1 Methodology and Scope
Chapter 2 Executive Summary
Chapter 3 Distributed Control
Systems: Market Variables, Trends & Scope
Chapter 4 Distributed Control
Systems: Product Estimates & Trend Analysis
Chapter 5 Distributed Control
Systems: Application Estimates & Trend Analysis
Chapter 6 Distributed Control
Systems: End-use Estimates & Trend Analysis
Chapter 7 Distributed Control
Systems: Industrial End-use Estimates & Trend Analysis
Chapter 8 Distributed Control
Systems: Regional Estimates & Trend Analysis
Chapter 9 Competitive Landscape
Chapter 10 Distributed Control
Systems: Manufacturers Company Profiles
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