Distributed Control Systems Market 2021 Highlights Recent Trends, Market Growth, Business Opportunities till 2026

The Distributed Control Systems Market report offers an in-depth assessment of market dynamics, the competitive landscape, segments, and regions in order to help readers to become familiar with the Distributed Control Systems market. It particularly sheds light on market fluctuations, pricing structure, uncertainties, potential risks, and growth prospects to help players to plan effective strategies for gaining successful in the Distributed Control Systems market. Importantly, it allows players to gain deep insights into the business development and market growth of leading companies operating in the Distributed Control Systems market.

“The distributed control systems market was valued at USD 18.24 billion in 2019 and is expected to reach USD 26.1 billion by 2025, at a CAGR of 6.22% over the forecast period 2020 - 2025.”

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Top Leading Companies of Distributed Control Systems Market are - ABB Ltd., Honeywell International Corporation, Siemens AG, Schneider Electric, Mitsubishi Motors Corporation, Rockwell Automation, Emerson Electric Company, Metso (Valmet Oyj), Omron Corporation, Novatech Llc (Weir Group), Azbil Corporation, Toshiba International, Yokogawa Electric Co. and others.

Industry News and Updates:

- November 2018 - ABB won an order to supply its ABB Ability Ellipse Asset Performance Management (APM) solution to support Ameren Illinois multi-million-dollar modernization of the energy delivery infrastructure across their service territory in Illinois.
- November 2018 - ABB provided its Ability Symphony Plus distributed control system (DCS), an integrated automation solution to control the production of China’s first commercially operated concentrated solar power plant.

Key Market Trends:

Services Account for the Largest Market Share

- The services market in the DCS industry is the most intriguing of all the revenue stakeholders among the other components included in the scope of the report.
- The services market accounts for the largest share in the DCS market, and is expected to experience the fastest growth over the forecast period on account of an overwhelming growth in the number of service providers in the market.
- The major suppliers in the market continue to emphasize on the improving capabilities for both project services & operations and maintenance services to sustain market growth.
- The different components included in the scope of services covered in the market report include project management services, non-contract maintenance, retrofits and upgrades among others.
- The main automation contractor (MAC) concept is increasingly becoming important in the project services, where the supplier is responsible for all automation-related systems of the project.
- The trend is growing in the majority of the large DCS projects. The services market encapsulates entities from the bottom of the pyramid, i.e. the spare parts and repairs, which prove to be helpful in system productivity, cost curtailment and extension of the product life cycle and systems, by reducing the uptime of production units, thus, efficiently delivering operational excellence.

Investigator Observers Strong Growth in Specific Regions:

– Europe Market (Germany, UK, France, Russia, Italy)

– Center East and Africa Market (Saudi Arabia, UAE, Egypt, Nigeria, South Africa)

– South America Market (Brazil, Argentina, Colombia)

– North America Market (United States, Canada, Mexico)

– Asia Pacific Market (China, Japan, Korea, India, Southeast Asia).

The Latest Industry Data Included in this Report:
- Distributed Control Systems Market Size & Analysis (2016 - 2026)
- Market Share Analysis of Distributed Control Systems Market (%),2016 - 2026
- Distributed Control Systems Market Share, By Brand
- Distributed Control Systems Market Share, By Company
- Distributed Control Systems Market Assessment & Opportunity (Value),2016 - 2026
- Major Companies Distributed Control Systems Market Value Analysis & Forecast
- Promising Distributed Control Systems Development by Major Companies
- Detailed Distributed Control Systems Portfolio of the Major Companies
- Major Deals in the Distributed Control Systems Market
- Major Companies Analysis

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