Distributed Control System Market Analysis 2020 Research Report

Posted by Abhijeet Bendre on January 21st, 2020

Market Research Future published a cooked research report on global distributed control system market.

Market Highlights

Distribution control systems (DCS) plays an important role in manufacturing industries as they are used to control and manage the processes. In DCS, each process element group of machines are controlled by a dedicated controller. DCS consists of a large number of local controllers in various sections of plant control area and is connected to high speed communication network. The advantage of using DCS in various industries include special functions, such as data acquisition, data presentation, process control, process supervision, reporting and storing information.

Based on end-use, the market is segmented as Oil & Gas, Power Generation, Food & Beverage, Chemicals, Pharmaceutical, Metal & mining, Paper & Pulp, and others. Oil & gas segment is estimated to dominate the market during the forecast period due to the increase in capacity addition of the refineries especially in North America and Asia-Pacific. On the basis of components, the market is segmented as hardware, software, and services. Software component of DCS is configured with hardware and the architecture for receiving the information and using real-time information to enhance the agility and productivity of industries such as oil & gas, power generation, chemicals, and others.

The global distributed control system market is expected to grow at ~ 5.30% CAGR during the forecast period.

Asia-Pacific accounts for the largest market share in the DCS market.

Region wise, Asia-Pacific held the largest market share of the global distributed control system market in 2017. It is estimated that Asia-Pacific would be the fastest growing market during the forecast period, mainly due to the increasing power generation capacities and high demand for efficient control system in oil & gas and manufacturing industry. North America is expected to be the second largest market during the forecast period due to growth in oil & gas industry, which is one of the leading drivers for DCS market. Some of the major processes in oil refining that are controlled by DCS are vacuum distillation, hydrocracking, naphtha hydrotreating, and coking. The demand from the onshore & offshore oil production in the Gulf of Mexico is also likely to positively impact the distributed control system market during the forecast period.

Key Players

The key players of the global distributed control system market are ABB (Switzerland), Emerson (USA), Schneider Electric (France), Siemens (Germany), Rockwell Automation (US), General Electric (USA), Honeywell International Inc. (US), Yokogawa (Japan), Toshiba (Japan), Hitachi (Japan), Azbil Corporation (Japan), and Metso Corporation (Finland).

Table Of Contents

1 Executive Summary

2 Scope Of The Report

2.1 Market Definition

2.2 Scope Of The Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Process

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market Size Estimation

2.5 Forecast Model

3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat Of New Entrants

3.1.2 Bargaining Power Of Buyers

3.1.3 Threat Of Substitutes

3.1.4 Segment Rivalry

3.1.5 Bargaining Power Of Buyers

3.2 Value Chain/Supply Chain Analysis

Continued…

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact Info:

Market Research Future

Office No. 528,

Amanora Chambers Magarpatta Road,

Pune, India.,

sales@marketresearchfuture.com

Phone: +1 646 845 9312

Like it? Share it!


Abhijeet Bendre

About the Author

Abhijeet Bendre
Joined: September 5th, 2019
Articles Posted: 214

More by this author