Distributed Control System Market 2018 Global Industry Outlook, Demand | Top Key Manufacturers: Siemens AG, ABB Ltd. , Honeywell International Inc.. | Industry Forecast Report to 2027

Market Highlights:-
A distributed control system (DCS) is a computer control system to manage process with a large number of autonomous distributed control loops, with a supervisory control. DCS drives on the idea of decentralizing the control unit while interlinking them by a common network which also enables control, and monitoring the components individually. DCS provides flexibility of design as well as simplicity of operation which further enhances its value.

Industry Top Key Players:-
• Siemens AG
• ABB Ltd.
• Honeywell International Inc.
• Emerson Electric Co.
• Schneider Electric
• Yokogawa Electric Corporation

Get Sample report @ https://www.marketresearchfuture.com/sample_request/919

Segmentations:-
To generate a comprehensive understanding of the market the report on global distributed control system market has been segmented by industry, application, components and region.

Industry - oil & gas, chemicals, power generation, metals & mining, food & beverage, pharmaceutical, paper & pulp and others.
Application - batch and continuous.
Component - hardware, software, and services.
Region - North America, South America, Europe, Asia-Pacific and Middle East & Africa.

Industry Trends:-
“Emerging sectors such as renewable power generation is the most lucrative market opportunity” comments Mr. Suhail Noolkar, researcher at Market Research Future. He further adds that “shift from batch operations to continuous manufacturing coupled with increasing automation will drive the distributed control system market towards the automotive and pharmaceutical sectors”.

However Mr. Noolkar warns that “data security and cyber security are prominent threats which is demonstrated by the recent breaches threatening safety of plants and people alike. This has resulted in the technological shift towards security and encryption”.

“Players need to upgrade their security features so as to compete effectively and information technology has to play a larger role than ever especially for projects involving critical industries and applications”, he adds with a smirk on his face!

There has also been a seismic shift in the industry from being hardware based transitioning to software. The pricing pressures and shrinking hardware business has created antecedents for the transition to software and value-added services. The need for real-time performance management (RPM), risk management coupled with automation was demonstrated by the ill-fated Fukushima reactor disaster. Thus artificial intelligence has a role to play which has the potential to transform the very face of the distributed control system market.

Enquiry Now IF You Have Any Query @ https://www.marketresearchfuture.com/enquiry/919

Regional Analysis of Distributed Control System (DCS) Market:-
Asia-Pacific was estimated to be the largest market for distributed control system in 2015. It is also expected to grow at highest rate during the forecast period. The Middle East & Africa region is also projected to experience rapid growth during the forecast period.

About Market Research Future:-

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Contact:

Market Research Future

+1 646 845 9312

Email: sales@marketresearchfuture.com

This release was published on openPR.