Distributed Control System Market to Cross USD 17.0 billion by 2026 | ABB, Schneider Electric, Emerson, Siemens, Honeywell, General Electric, Rockwell, Yokogawa, Hitachi

The 2019-2026 report on Global Distributed Control System market explores the essential factors Of Distributed Control System industry covering current scenario, market demand information, coverage of active companies and segmentation forecasts.

Global Distributed Control System Market is valued approximately at USD 17.0 billion in 2018 and is anticipated to grow with a healthy growth rate of more than 5.0% over the forecast period 2019-2026. A distributed control system (DCS) is an automated control system for a procedure or plant typically with many control loops in which self-directed controllers are circulated throughout the system, although there is no vital operator supervisory control.

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The regional analysis of global Distributed Control System Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Asia-Pacific is the leading/significant region across the world in terms of market share owing to the increasing demand for power and power generation capacities along with growing industrial infrastructure in the region. However, Asia-Pacific is anticipated to exhibit highest growth rate / CAGR over the forecast period due to surging manufacturing industry across the region. For instance, according to the world bank, china's manufacturing added value in 2017 was nearly USD 3.59 trillion, which is the largest in the world. Thus, the china's economy is substantially growing due to rising manufacturing and processing industry, which is expected to boost the growth of the market in the Asia-Pacific region.

Moreover, surging adoption of Industrial Internet of Things (IIoT) for real-time decision making coupled with changing face of the manufacturing industry in the middle east are the major factor likely to create lucrative growth opportunities to the market. However, availability of low cost alternative and sluggish response time of DCS are the few factor restraining the growth of global Distributed Control System market during the forecast period of 2019-2026.

For instance, According to the International Renewable Energy Agency (IRENA), there would be USD 400 billion of annual investment in renewable energy source by 2020. Similarly, according to the IRENA report 2016, USD 11 billion was invested in renewable energy generation, across the GCC countries in 2016.

Distributed control system has numerous local controllers sited throughout the area that are connected by a high-speed communication network. A DCS are utilized to regulate industrial processes and improve their safety, cost-effectiveness and reliability. DCS are most commonly used in various processes including, agriculture, chemical plants, petrochemical (oil) and refineries, nuclear power plants, water treatment plants and many others. Increase in power generation capacity aligned with increasing use of renewable and nuclear energy sources and the emergence of open source DCS solutions are the few factors responsible for the growth of the market over the forecast period.

Major market player included in this report are:
o ABB
o Schneider Electric
o Emerson
o Siemens
o Honeywell
o General Electric
o Rockwell
o Yokogawa
o Metso
o Hitachi

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component:
o Hardware
o Software
o Services

By Application:
o Continuous Process
o Batch-Oriented Process

By End-Use Industry:
o Oil & Gas
o Power Generation
o Chemicals
o Food & Beverage
o Pharmaceutical
o Metals & Mining
o Others

By Region:
o North America
o U.S.
o Canada
o Europe
o UK
o Germany
o Asia Pacific
o China
o India
o Japan
o Latin America
o Brazil
o Mexico
o Rest of the World

Furthermore, years considered for the study are as follows:
o Historical year - 2016, 2017
o Base year - 2018
o Forecast period - 2019 to 2026

Target Audience of the Global Distributed Control System Market in Market Study:
o Key Consulting Companies & Advisors
o Large, medium-sized, and small enterprises
o Venture capitalists
o Value-Added Resellers (VARs)
o Third-party knowledge providers
o Investment bankers
o Investors

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Table of Content
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2017-2026 (USD Billion)
1.2.1. Distributed Control System Market, by Component, 2017-2026 (USD Billion)
1.2.2. Distributed Control System Market, by Application, 2017-2026 (USD Billion)
1.2.3. Distributed Control System Market, by End-Use Industry, 2017-2026 (USD Billion)
1.2.4. Distributed Control System Market, by Region, 2017-2026 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Distributed Control System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Distributed Control System Market Dynamics
3.1. Distributed Control System Market Impact Analysis (2018-2026)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Distributed Control System Market Analysis
4.1. Porter's 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry

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