Distributed Control System Market Anticipated to Reach $26.7 billion by 2028, Witnessing a CAGR of 6.1% During 2023 to 2028

According to a new market research report, the global distributed control system market is projected to reach USD 26.7 billion by 2028 from an estimated USD 19.9 billion in 2023, at a CAGR of 6.1% during the forecast period. The surge in implementation of distributed control systems (DCS) in the process industries especially to automate the manufacturing process by integrating advanced control strategies are driving the growth of the distributed control system market.

Key Market Players

Due to their strong supply network, a few global and regional players hold a strong foothold in the distributed control system market. Siemens (Germany), ABB (Switzerland), Schneider Electric (France), Emerson Electric Co. (US), and Honeywell International Inc. (US) are the market leaders in the global distributed control system market.

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This research report categorizes the distributed control system market based on shipment scale, component, application, end-use industry, and region.
On the basis of shipment scale, the distributed control system market has been segmented as follows:

Large
Medium
Small

On the basis of component, the distributed control system market has been segmented as follows:

Hardware
Software
Services

On the basis of application, the distributed control system market has been segmented as follows:

Continuous process
Batch-oriented process

On the basis of end-use industry, the distributed control system market has been segmented as follows:

Oil & Gas
Power Generation
Chemicals
Food & Beverages
Pharmaceutical
Metals & Mining 
Paper & Pulp
Others

On the basis of region, the distributed control system market has been segmented as follows:

North America
Europe
Asia Pacific
South America
Middle East
Africa

The Power Generation segment, by end-use industry, is expected to be the second largest segment during the forecast period

This report segments the distributed control system market based on application into eight segments: Oil & Gas, Power Generation, Chemicals, Food & Beverages, Pharmaceutical, Metals & Mining, Paper & Pulp, and Others. Power Generation segment is expect to hold the second largest share during the forecast period. The growth is attributed by the increasing foreign investments in upgradation and modernization of power grid infrastructure especially in Asia Pacific, North America and Europe region. The distributed control systems (DCS) plays an crucial role in this modernization effort by enabling advanced automation and control capabilities within the power grid. Further, distributed control systems are used in coal-fired power plants, gas-fired power plants, nuclear plants, hydropower plants, solar power plants, and wind power plants for process automation due to their ability to integrate PLCs, third-party controls, safety systems, and turbomachinery controls.

Asia Pacific is expected to be the largest region in the distributed control system market

Asia Pacific is expected to be the largest distributed control system market during the forecast period. The Asia Pacific region, comprising major economies such as China, India, Japan, and South Korea, are witnessing significant growth for due to rapid regional industrialization, urbanization, and economic growth, which are leading to the installation of new distributed control systems. Rising investments in power generation industry is expected to support market grow in Asia Pacific as it can attribute to the increasing demand for power from various areas, which in turn increases the demand for the distributed control system. Moreover, the automation is increasing in APAC across various industries because of the rising need for high-quality products and increasing production rates.

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Recent Developments

In February 2023, ABB has recently launched the ABB Ability Symphony Plus distributed control system (DCS) in order to support digital transformation in the power generation and water industries. The latest Symphony Plus version will further enhance customers digital journey, through a simpler and secure OPC UA1 connection.
In October 2022, Emerson have signed a five-year agreement with LANXESS, a specialty chemicals company. Emerson will help drive the adoption of advanced automation technologies and enable more efficient project implementation that will allow LANXESS to achieve shorter time-to-market for new products.
In October 2022, Emerson has introduced a new version of its DeltaV distributed control system (DCS). DeltaV DCS Version 15 assists facilities in digitally transforming operations through increased production optimization and improved operator performance.
In December 2022, Valmet will deliver the Valmet DNA Automation System (DCS) and the Valmet IQ Quality Control System (QCS) to Schumacher Packaging's Myszków facility in Poland for the repair of the board machine 2. The aim is to increase the plant's output efficiency and product quality. The installation is set to begin in May 2023.
In November 2022, Rockwell Automation launched the FLEXHA 5000TM I/O family, which provides high availability and continues the advancement of the PlantPAx Distributed Control System (DCS). It provides easily integrated design, allowing clients to observe more efficient engineering time, consistent operations, and optimized footprints.

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