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Distributed Control Systems (DCS) Market by Component Type (Hardware, Software and Services), Industry Verticals (Chemical, Oil & Gas, Pharmaceutical, Food & Berverage & Power Generation) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022
  • Published : September , 2016
  • |
  • Number of Pages : 104
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  • Published By : Allied Market Research



Report Overview
The emerging process industries are merely operated by advanced automation technologies such as distributed control systems (DCS). These systems are used as an extension of traditional controllers across the diversified range of industries. The main concept of DCS application is derived by the idea of decentralizing the control unit and establishing a common network between the engineering stations. In addition, integrating DCS with process plants enables it to control, report, and monitor the components individually, while providing flexibility and simplicity to the plant operations. DCS uses a set of configuration tools to manage the database, graphics, control logic, and system security. Moreover, it supports modification, upgrade, and integration to the existing architecture of any industry.
A DCS platform is configured with the application that neglects the complete plant breakdown, improves process quality, creates high reserves, and reduces time and cost of the operations. It also has the ability to integrate system security models with advanced alarm capabilities, cybersecurity, multiple simulation solutions, and system-wide diagnostics.
The DCS market is driven by factors such as spontaneous response, reduced disruptions to production, and increased efficiency across the process industries; however, slowdown of mining industry is expected to restrict the market growth to some extent.
The DCS market is segmented by component type, industry vertical, and geography. The various components are segmented into hardware, software, and services. On the basis of industry verticals, the market is categorized into chemical, oil & gas, pharmaceutical, petrochemical, food & beverage, power generation, and others (manufacturing, metal & mining, paper & pulp, and automation). Geographically, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
The market comprises key manufacturers such as Siemens AG, ABB Ltd., Honeywell International, Inc., Yokogawa Electric Corporation, General Electric Company, Rockwell Automation, Inc., Emerson Electric Co., Metso Corporation, Schneider Electric SA, and Novatech Process Solutions LLC.
POTENTIAL BENEFITS FOR STAKEHOLDERS:

This study comprises analytical depiction of the world DCS market, with current trends and future estimations to depict the imminent investment pockets.
The overall market potential is determined to understand the profitable trends for gaining a stronger coverage in the market.
The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis.
The current market is quantitatively analyzed from 2014 to 2022, which is provided to highlight the financial competency of the market.
Porter’s five forces analysis illustrates the potency of the buyers and suppliers.
Value chain analysis provides a clear understanding of the roles of stakeholders involved.

MARKET SEGMENTATION
The market is segmented on the basis of component type, industry vertical, and geography.
BY COMPONENT TYPE

Hardware
Software
Services

BY INDUSTRY VERTICAL

Chemical
Oil & Gas
Pharmaceutical
Food & Beverage
Power Generation
Others (Automation, Metal & Mining, Paper & Pulp)

BY GEOGRAPHY

North America


U.S.

Canada

Mexico


Europe


UK

Germany

France

Russia

Rest of Europe


Asia-Pacific


China

Japan

India

Australia

Rest of Asia-Pacific


LAMEA
Latin America


Middle East

Africa



KEY PLAYERS

Siemens AG
ABB Ltd.
Honeywell International, Inc.
Yokogawa Electric Corporation
General Electric Company
Rockwell Automation, Inc.
Emerson Electric Co.
Metso Corporation
Schneider Electric SA
Novatech Process Solutions LLC



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