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Global Distributed Control Systems Market Expected to Grow with a CAGR pf 7% During the Forecast Period, 2018-2027 - ResearchAndMarkets.com

January 22, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 22, 2020--

The “Distributed Control Systems - Global Market Outlook (2018-2027)” report has been added to ResearchAndMarkets.com’s offering.

The Global Distributed Control Systems Market accounted for $16.90 billion in 2018 and is expected to reach $30.95 billion by 2027 growing at a CAGR of 7.0% during the forecast period.

Increasing demand in power and energy sectors and cost and time effectiveness are the major factors driving the market growth. However, sluggish industrial growth in developed economies is restraining market growth.

A distributed control system (DCS) is a computerised control system for a process or plant usually with many control loops, in which autonomous controllers are distributed throughout the system, but there is no central operator supervisory control. This is in contrast to systems that use centralized controllers; either discrete controller located at a central control room or within a central computer. The DCS concept increases reliability and reduces installation costs by localising control functions near the process plant, with remote monitoring and supervision.

Based on the end-user, oil & gas segment is likely to have a huge demand due to factors such as the discovery of new oil & gas wells, refurbishment of old wells, and the need for enhanced safety and security standards in refineries. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to its expanding manufacturing facilities and high-frequency deployment in the industrial market and increasing demand for power and growing industrial infrastructure.

What the report offers:

Key Topics Covered:

1 Executive Summary

2 Preface

2.1 Abstract

2.2 Stake Holders

2.3 Research Scope

2.4 Research Methodology

2.4.1 Data Mining

2.4.2 Data Analysis

2.4.3 Data Validation

2.4.4 Research Approach

2.5 Research Sources

2.5.1 Primary Research Sources

2.5.2 Secondary Research Sources

2.5.3 Assumptions

3 Market Trend Analysis

3.1 Introduction

3.2 Drivers

3.3 Restraints

3.4 Opportunities

3.5 Threats

3.6 Application Analysis

3.7 End User Analysis

3.8 Emerging Markets

3.9 Futuristic Market Scenario

4 Porters Five Force Analysis

4.1 Bargaining power of suppliers

4.2 Bargaining power of buyers

4.3 Threat of substitutes

4.4 Threat of new entrants

4.5 Competitive rivalry

5 Global Distributed Control Systems Market, By Type

5.1 Introduction

5.2 Non-Utility

5.3 Utility

6 Global Distributed Control Systems Market, By Voltage

6.1 Introduction

6.2 High

6.3 Medium

7 Global Distributed Control Systems Market, By Component

7.1 Introduction

7.2 Software

7.3 Hardware

7.4 Services

8 Global Distributed Control Systems Market, By Application

8.1 Introduction

8.2 Batch-Oriented Process

8.3 Continuous Process

9 Global Distributed Control Systems Market, By End User

9.1 Introduction

9.2 Chemicals

9.3 Oil & Gas

9.4 Power Generation

9.5 Pharmaceutical

9.6 Metals and Mining

9.7 Paper and Pulp

9.8 Food and Beverage

9.9 Other End Users

9.9.1 Healthcare

9.9.2 Manufacturing

9.9.3 Petrochemical

9.9.4 Automation

10 Global Distributed Control Systems Market, By Geography

10.1 Introduction

10.2 North America

10.2.1 US

10.2.2 Canada

10.2.3 Mexico

10.3 Europe

10.3.1 Germany

10.3.2 UK

10.3.3 Italy

10.3.4 France

10.3.5 Spain

10.3.6 Rest of Europe

10.4 Asia Pacific

10.4.1 Japan

10.4.2 China

10.4.3 India

10.4.4 Australia

10.4.5 New Zealand

10.4.6 South Korea

10.4.7 Rest of Asia Pacific

10.5 South America

10.5.1 Argentina

10.5.2 Brazil

10.5.3 Chile

10.5.4 Rest of South America

10.6 Middle East & Africa

10.6.1 Saudi Arabia

10.6.2 UAE

10.6.3 Qatar

10.6.4 South Africa

10.6.5 Rest of Middle East & Africa

11 Key Developments

11.1 Agreements, Partnerships, Collaborations and Joint Ventures

11.2 Acquisitions & Mergers

11.3 New Product Launch

11.4 Expansions

11.5 Other Key Strategies

12 Company Profiling

12.1 Yokogawa Electric Co.

12.2 Toshiba International

12.3 Siemens AG

12.4 Schneider Electric

12.5 Rockwell Automation

12.6 Omron Corporation

12.7 Novatech Llc (Weir Group)

12.8 Mitsubishi Motors Corporation

12.9 Metso (Valmet Oyj)

12.10 Honeywell International Corporation

12.11 Emerson Electric Company

12.12 Azbil Corporation

12.13 ABB Ltd

For more information about this report visit https://www.researchandmarkets.com/r/jt0jjy

View source version on businesswire.com:https://www.businesswire.com/news/home/20200122005363/en/

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KEYWORD:

INDUSTRY KEYWORD: TECHNOLOGY HARDWARE

SOURCE: Research and Markets

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PUB: 01/22/2020 06:34 AM/DISC: 01/22/2020 06:34 AM

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