Press release
Global Distributed Control Systems Industrial Trend and Market Demand 2016-2020
Description-
About Distributed Control System (DCS)
Automation technologies represent a fundamental aspect of any modern industry. The major types of industrial automation solutions, such as DCS, PLC, SCADA, and MES, are used on a large-scale in process and discrete industries.
DCS technologies offer a range of solutions that are designed to control and monitor industrial production. These solutions are widely used across process industries in line with the general trend of using automation to increase overall efficiency and functioning. These systems also offer intelligent command capabilities that allow end-users easily control and supervise plant operations. The use of DCS also reduces the safety threats in hazardous operating environments, and ensures smooth functioning of plant and industrial machinery. It serves to harmonize complex industrial processes with minimum downtime. In addition, the use of IoT and the advances in M2M communications have helped expand the application scope of DCS technologies in factories.
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Technavios analysts forecast the global DCS market to grow at a CAGR of 3.51% during the period 2016-2020.
Covered in this report
The report covers the present scenario and the growth prospects of the global distributed control system (DCS) market for 2016-2020. To calculate the market size, the report considers the revenue generated from sales of hardware and software licenses, renewal of software licenses, upgrades of existing solutions, and maintenance and services for calculating market value in the above mentioned end-user segments.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Distributed Control System (DCS) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB Group
Emerson Electric
Honeywell International Inc.
Schneider Electric SE
Siemens AG
Other prominent vendors
Beckhoff
Bosch Rexroth
CG Automation Solutions USA
Control Systems International
EYELITE
FMC Technologies
GE
Idec
Keyence
Koyo Electronics
Metso
Mitsubishi Heavy Industries
Omron
Panasonic
Rockwell
Toshiba
Yokogawa Electric
Market driver
Growing investments in renewable energy sources
For a full, detailed list, view our report
Market challenge
Volatility in crude oil and natural gas prices
For a full, detailed list, view our report
Market trend
Availability of safety integrated solutions
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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