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Global Distributed Control Systems Market is projected to reach USD 23.88 billion by 2025, growing at a CAGR of 4.89% from 2017 to 2025 :Top keyplayers are Schneider Electric ,Siemens ,General Electric ,Yokogawa ,Toshiba ,Hitachi ,ABB ,Emerson ,Honeywell

04-23-2019 02:50 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

Global Distributed Control Systems Market is projected to reach

The Global Distributed Control Systems Market was valued at USD 15.54 billion in 2016 and is projected to reach USD 23.88 billion by 2025, growing at a CAGR of 4.89% from 2017 to 2025.
A Distributed Control System (DCS) is a digital automated industrial control system that uses geographically distributed control loops throughout a factory, machine or control area. A DCS has several local controllers located throughout the area that are connected by a high speed communication network. Benefits of using DCS include - high availability, reduced engineering time, shorter start-ups, easily integration, minimal troubleshooting.

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Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Increasing industrial infrastructure in emerging markets
1.2 Emerging power sector and augmented power generation capacities
1.3 Rising use of renewable and nuclear energy for power generation
1.4 Growing adoption of IoT for real-time decision making
2. Market Restraints
2.1 Poor growth of the oil & gas industry
2.2 Availability of cost effective alternatives

Market Segmentation:
The Global Distributed Control Systems Market is segmented on the application, component, and region.

1. By Application:
1.1 Batch-Oriented Process
1.2 Continuous Process
1.3 Others

2. By Component:
2.1 Software
2.2 Hardware
2.3 Services

3. By Region:
3.1 North America (U.S., Canada, Mexico)
3.2 Europe (Germany, UK, France, Rest of Europe)
3.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
3.4 Latin America (Brazil, Argentina, Rest of Latin America)
3.5 Middle East & Africa

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Competitive Landscape:
The major players in the market are as follows:
1. Schneider Electric
2. Siemens
3. General Electric
4. Yokogawa
5. Toshiba
6. Hitachi
7. ABB
8. Emerson
9. Honeywell
10. Rockwell
11. Metso
12. Azbil

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:

Research study on the Global Distributed Control Systems Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.

The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

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About Us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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