Growing global energy demand accelerates the Global Distributed Control Systems Market

The new research report by DataM Intelligence titled ‘Global Distributed Control Systems Market – Size, Share and Forecast (2019-2026)’ analyses the scope and trends prevailing in this industry.
Global Distributed Control Systems Market Dynamics
The emergence of open source DCS solutions, growing global energy demand and increase in demand for oil and gas are the major factors supporting the growth of the global distributed control systems market.
Increasing demand for oil and gas in the world is one of the primary factors promoting the growth of the global distributed control systems market. According to the International Energy Agency (IEA), the global oil demand in 2018 is 6.9 mb/d and is expected to reach 104.7 mb/d by 2023. The demand is expected to rise at an average annual rate of 1.2 mb/d with countries like China and India together contributing to more than 50% of the global oil demand. Furthermore, technological advancement has played a substantial role in the growth of global distributed control systems (DCS) market.
Global Distributed Control Systems Market Segmentation
The global distributed control systems (DCS) market is segmented by end users such as power sector, oil and gas, pharmaceuticals, food and beverages, and others. Of these, Oil and Gas dominate the market due to the increase in the number of refinery plants. Moreover, the global oil production as per the Global energy statistical yearbook in 2005 was about 88,721 thousand barrels per day and reached to 92,649 thousand barrels in 2017 with a 0.7% annual growth rate.
Global Distributed Control Systems Market Geographical Share
Geographically, the global distributed control systems (DCS) market is segmented into North America, South America, Europe, Asia Pacific, and Middle East and Africa. Of these, Asia Pacific dominates the market due to the increasing demand for power and growing industrial infrastructure in the region. According to the Global Energy Statistical Yearbook 2018, the Asia Pacific Energy demand increased from 5,617 Mtoe in 2015 to 5,739 Mtoe in 2016 finally reaching 5,909 Mtoe in 2017.
Global Distributed Control Systems Market Competition
ABB Ltd., Emerson Electric Co., Siemens AG, and Honeywell are the prominent players in the global distributed control systems (DCS) market. ABB Ltd. is one of the major companies in distributed control systems is enhancing the market through technical development and product launch.
In November 2018, ABB Ltd. introduced its latest DCS Freelance for process industries at SPS IPC Drives. Furthermore, the companies are focused on technology development and new product launches to maintain their competitive edge over other market players.
For instance, in July 2018, NovaTech introduced its distributed control system software, D/3 Version 16 (D3v16). D3v16 provides a PCM5 process controller with embedded Cyber Security, full system virtualization down to the controller level, and engineering enhancements. Owing to these factors, the oil and gas segment is anticipated to dominate the global distributed control systems market.

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Contents of the research report are-
1. Distributed Control Systems Market – Methodology and Scope
1.1. Research methodology
1.2.Research Objective and Scope of the Report
2. Distributed Control Systems Market – Market Definition and Overview
3. Distributed Control Systems Market – Executive Summary
3.1. Market Snippet by Component
3.2. Market Snippet by End User
3.3. Market Snippet by Region
4. Distributed Control Systems Market – Market Dynamics
4.1. Market Impacting Factors
4.1.1. Drivers
4.1.1.1. Growing Energy Demand
4.1.1.2. Emergence of open source DCS platforms
4.1.1.3. Rise in demand for oil and gas
4.1.2. Restraints
4.1.2.1. Cyber threats and data integration challenges
4.1.3. Opportunities
4.1.4. Impact Analysis
5. Distributed Control Systems Market – Industry Analysis
5.1. Porter's Five Forces Analysis
5.2. Regulatory Analysis
5.3. Supply Chain Analysis
6. Distributed Control Systems Market – By Component
6.1. Introduction
6.1.2. Market Size Analysis, By Component
6.1.3. Market Attractiveness Index, By Component
6.2. Software
6.2.1. Introduction
6.2.2. Market Size Analysis
6.3. Hardware
6.4. Service
7. Distributed Control Systems Market – By End-User
7.1. Introduction
7.1.2. Market Size Analysis, and Y-o-Y Growth Analysis (%), By End-User
7.1.3. Market Attractiveness Index, By End-User
7.2. Oil and Gas Industry
7.2.1. Introduction
7.2.2. Market Size Analysis, and Y-o-Y Growth Analysis (%)
7.3. Power Generation Industry
7.4. Pharmaceuticals Industry
7.5. Food and Beverages Industry
7.6. Others
8. Distributed Control Systems Market – By Region
8.1. Introduction
8.2. North America
8.2.1. U.S.
8.2.2. Canada
8.2.3. Mexico
8.3. Europe
8.3.1. Germany
8.3.2. U.K.
8.3.3. France
8.3.4. Italy
8.3.5. Spain
8.3.6. Rest of Europe
8.4. South America
8.4.1. Brazil
8.4.2. Argentina
8.4.3. Rest of South America
8.5. Asia Pacific
8.5.1. China
8.5.2. India
8.5.3. Japan
8.5.4. Australia
8.5.5. Rest of Asia Pacific
8.6. Middle East and Africa
9. Distributed Control Systems Market – Competitive Landscape
9.1.Competitive Scenario
9.2. Competitor Strategy Analysis
9.3. Comparative Product Portfolio Analysis
9.4. Market Positioning/Share Analysis
9.5. Mergers and Acquisitions Analysis
10. Distributed Control Systems Market – Company Profiles
10.1. ABB Ltd
10.1.1. Company overview
10.1.2. Product portfolio and description
10.1.3. Key highlights
10.1.4. Financial overview
10.2. Siemens Ltd
10.3. Emerson Electric Co
10.4. Honeywell International Inc
10.5. Novatech Process Services LLC
10.6. General Electric Company
10.7. Invensys Plc
10.8. Toshiba International Corp.
10.9. Yokogawa India Ltd.
10.10. Rockwell Automation
11. Distributed Control Systems Market – Premium Insights
12. Distributed Control Systems Market – DataM
12.1. Appendix
12.2. List of Tables and Figures
12.3. About Us and Services
12.4. Contact Us

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