Distributed Control Systems (DCS) Market Trends and Research Insights by 2027

Posted by Monali Raghuwanshi on March 4th, 2020

Global Distributed Control Systems (DCS) Market: Overview

A computerized control system for the supervision of a plant or a process is called distributed control system or DCS. Usually a distributed control system comes with many loops and in this system, autonomous controllers are distributed all over the system. However, a central operator supervisory control does not exist in the system.

The global distributed control systems (DCS) market is anticipated to witness stellar rise due to exponential growth of the power industry. In addition, increased capacity of power generation across the globe is together with expansion of the existing industrial infrastructure is developing parts of the world is expected to boost the market. In an effort to reduce carbon footprint on the environment, increased efforts are being made to generate power from renewable sources and nuclear energy sources. This is likely to boost expansion of the global distributed control systems (DCS) market in years to come.

Based on three different parameters, the global distributed control systems (DCS) market has been segmented. These parameters are industry, component, application, and region.

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Global Distributed Control Systems (DCS) Market: Notable Developments

One of the recent market developments related to the global Distributed Control Systems (DCS) market is as mentioned below:

• In Aug 2019, The U.S.-based pioneer in automation control, Honeywell Process Solutions (HPS), announced the entry of the latest version of Experion® LX, which is a various small and mid-sized companies. Innovations such as this is expected are expected to led to the development of the global distributed control systems (DCS) market.

Some of the key market players in the global distributed control systems (DCS) market comprise the below-mentioned:

• Honeywell International Inc.
• Larsen and Toubro Limited
• Schneider Electric SE
• Mitsubishi Motors Corporation
• Toshiba Corporation
• Rockwell Automation, Inc.

Global Distributed Control Systems (DCS) Market: Key Trends

The below-mentioned restraints, opportunities, and drivers that mark the global distributed control systems (DCS) market during the assessment period, from 2019 to 2027.

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