Press release
Distributed Control System Market to Grow by $23.2 Bn; Evolving Opportunities with ABB, Schneider Electric, Emerson, Siemens, Honeywell
The Distributed control system market is expected to grow from an estimated USD 17.5 billion in 2021 to USD 23.2 billion by 2026, at a CAGR of 5.8% during the forecast period.View detailed Table of Content here - https://www.marketsandmarkets.com/Market-Reports/distributed-control-system-market-239430160.html
Booming power sector and augmented power generation capacities worldwide offer huge opportunity for Distributed control system market. There has been a steady increase in the global demand for power, due to which substantial investments have been made, especially in regions such as the Middle East, Asia Pacific, and Africa, to augment the power generation capacities.
Investments in conventional power generation in Middle Eastern countries such as Egypt and Oman and renewable power generation in Asia Pacific and African countries such as China, India, and South Africa have been planned to meet the increasing demand for power.
Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=239430160
Asia Pacific is expected to grow at the highest CAGR during the forecast period. Asia Pacific region has been segmented, by country, into China, India, Japan, South Korea, and Rest of Asia Pacific. Rest of Asia Pacific includes Indonesia, Thailand, Bangladesh, Australia, Laos, Cambodia, Myanmar, and Vietnam. The Distributed control system marketin this region is expected to grow due to rapid regional industrialization, urbanization, and economic growth, which are leading to the installation of new DCS.
A distributed control system (DCS) is employed for the handling of processes and plants to provide better control, safety, and product efficiency and quality at plants. Distributed control systems find applications in industries such as oil & gas, power generation, paper & pulp, food & beverages, pharmaceuticals, and chemicals to mainly control manufacturing through two processes: batch-oriented and continuous. The batch-oriented process is used when the production is carried out in subsequent batches, while the continuous process is used for the production type where the production flow does not involve any interruption. Distributed control systems localize the control functions near the process plant. which helps reduce the requirement of monitor/screen, as the process variables can be monitored remotely and decision can be taken accordingly.
The Distributed control system market, by shipment scale, into large, medium, and small. The Distributed control system market, by component, into up to hardware, software and services. The Distributed control system market, by application, into continuous and batch-oriented process. The Distributed control system market, by end-use industry, into oil & gas, power generation, chemicals, food & beverages, pharmaceuticals, metals & mining, paper & pulp, and others, which includes cement, glass, sugar, and water & wastewater treatment.
The software segment is expected to hold the highest market share during the forecast period. The software segment includes IT applications such as advanced process control systems, controller integration with DCS, technology libraries, telecontrol software, connectivity solutions, parameter control and materials management systems, process optimization and process safety solutions, and advanced software and virtualization solutions. It offers a common platform for devices to connect and operate.
Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=239430160
The continuous process market, by application, is expected to hold the highest market share during the forecast period. The continuous process segment accounted for the largest share of 66.4% in 2020. The continuous process is a method where the manufacturing process is carried out without any interruption and is generally preferred when producing large quantities. It is the faster-growing application in the Distributed control system market. The continuous production process is used in oil & gas, chemicals, power generation, and water & wastewater treatment industries and is one of the more efficient and profitable methods of production. The use of distributed control systems in nuclear as well as renewable sectors in the power generation industry and in upstream and downstream activities in the oil & gas industry are the major factors driving the continuous process segment. The increasing production of chemicals and the growing demand for distribution control systems in the refining industry also contribute to the segment's growth.
Ask Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=239430160
The oil & gas market, by end-use industry, is expected to hold the highest market share during the forecast period. The oil & gas segment accounted for the largest market share of 25.9% in 2020. The oil & gas segment, consists of petrochemicals, refining, and oil & gas extraction. Oil & gas is one of the largest industries in terms of revenue generation for the Distributed control system market and is classified into 3 major sectors-upstream, midstream, and downstream. The upstream sector involves the extraction, development, and production of crude oil and natural gas, the midstream sector includes the transportation and storage of crude oil and refined petroleum products, and the downstream sector consists of companies involved in refining crude oil, producing petroleum products, and selling these products through wholesale and retail channels. The processes carried out in this industry are highly complex, lengthy, and critical. Distributed control systems are widely applied across all sectors of the oil & gas industry, as these systems ensure safety, reliability, and profitability in oil & gas operations.
Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441
newsletter@marketsandmarkets.com
About MarketsandMarkets™
MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies' revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.
Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the "Growth Engagement Model - GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.
MarketsandMarkets's flagship competitive intelligence and market research platform, "Knowledgestore" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Distributed Control System Market to Grow by $23.2 Bn; Evolving Opportunities with ABB, Schneider Electric, Emerson, Siemens, Honeywell here
News-ID: 2804802 • Views: …
More Releases from MarketsandMarkets

Laser Interferometer Market Set to Grow at the Fastest Rate- Time to Grow your R …
The global laser interferometer market is expected to be valued at 315 million in 2024 and is projected to reach USD 447 million by 2029, at a CAGR of 7.2% from 2024 to 2029. Emerging applications in industries push the market's growth due to the growing demand for precision in the manufacturing sector. However, challenges such as higher initial investments and maintenance costs cause problems. Despite these, opportunities arise for…

With 19.6% CAGR, Battery Testing, Inspection, and Certification Market Growth to …
The battery testing, inspection, and certification market is projected to reach USD 36.7 billion by 2029 from USD 14.9 billion in 2024 at a CAGR of 19.6% during the forecast period. Increasing adoption of EVs and energy storage systems, rising enforcement of stringent standards to ensure battery safety, thriving portable electronics industry, and rapid advances in battery technology are the major factors contributing to the market growth.
Download PDF Brochure @…

Real-Time Location Systems Revolutionize Healthcare: Insights from MarketsandMar …
The global RTLS market for healthcare is projected to grow from USD 2.3 billion in 2024 to USD 5.7 billion by 2029, at a compound annual growth rate of 19.6% from 2024 to 2029. As it attracts more and more players who enter this market with innovative RTLS features for customers, the market for RTLS technology is rapidly increasing. Top companies in this market focus on healthcare, retail, and manufacturing…

Offsite Data Center Power Infrastructure Market Size to Reach $35.4 billion by 2 …
According to a research report "Offsite Data Center Power Infrastructure Market by Component (Solutions and Services), Vertical (BFSI, Media & Entertainment, Government & Defence, Healthcare, Manufacturing, IT & Telecom, Retail) and Region - Global Forecast to 2030" published by MarketsandMarkets, the market size for global offsite data center power infrastructure market is projected to reach approximately USD 35.4 billion by the year 2030, as compared to the estimated value of…
More Releases for Distributed
Power Generation: Fueling the Distributed Manufacturing Revolution
The distributed manufacturing market is rapidly expanding, driven by the need for localized production, supply chain resilience, and customized manufacturing solutions. At the heart of this transformative trend lies the power generation segment, presenting a significant opportunity for innovation and growth.
Market Dynamics and Growth Drivers
Distributed manufacturing, by its very nature, demands reliable and localized power sources. This is where the power generation segment comes into play, offering diverse solutions like…
Key Trends Shaping the Future Distributed Cloud Market From 2025-2034: Innovativ …
Which drivers are expected to have the greatest impact on the over the distributed cloud market's growth?
The distributed cloud market's growth is projected to be fueled by increasing adoption from various end-user industries. Distributed cloud, a public cloud service functioning across multiple locations, allows businesses to meet highly specific performance and response time demands. It also aids in adhering to regulatory or governance obligations or any other requirements that necessitate…
Distributed Cloud System Market 2032 | Reshaping IT Infrastructure: The Role of …
Rise in adoption of data management generated by high usage of mobile technologies, increased need of low data recovery, growing adoption of digitalization, managing increase workloads and data, enhanced data recovery are some of the key driving factors for the growth of this market. In addition to this, the public clouds services are able to shift towards an enhanced distributed cloud computing with the high end security are also adding…
Distributed Photovoltaic Power Plant Market Harnessing Solar Energy on a Larger …
"Distributed Photovoltaic Power Plant Market" report provides a basic overview of the industry including its definition, applications and manufacturing technology by Infinitybusinessinsights.com. This report will help the viewer in Better Decision Making.
From 2023 to 2030, the Distributed Photovoltaic Power Plant Market is expected to develop at a CAGR of 12.5%. The industry is being pushed by rising demand for renewable energy sources, falling solar PV module prices, and government subsidies…
Distributed Wind Market 2023 | Detailed Report
The research reports on "Distributed Wind Market" report gives detailed overview of factors that affect global business scope. Distributed Wind Market report shows the latest market insights with upcoming trends and breakdowns of products and services. This report provides statistics on the market situation, size, regions and growth factors. An exclusive data offered in this report is collected by research and industry experts team.
Download FREE Sample Report @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=6770938
The…
Blockchain Distributed Ledger Market 2021 | Detailed Report
Blockchain Distributed Ledger Market Forecasts report provided to identify significant trends, drivers, influence factors in global and regions, agreements, new product launches and acquisitions, Analysis, market drivers, opportunities and challenges, risks in the market, cost and forecasts to 2027.
Get Free Sample PDF (including full TOC, Tables and Figures) of Blockchain Distributed Ledger Market @ https://www.reportsnreports.com/contacts/requestsample.aspx?name=4046329
The report provides a comprehensive analysis of company profiles listed below:
- Chain
- IBM
- Eris Industries
-…