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Distributed Control Systems Market: Global Forecast until 2022

  • October 2017
  • 160 pages
  • ID: 5169957
In this report:
The booming power sector and augmented power generation capacities worldwide, along with the increased use of renewable and nuclear energy for power generation, are expected to drive the DCS market.
FIGURE ## GROWING INDUSTRIAL INFRASTRUCTURE & THE INCREASING USE OF RENEWABLE & NUCLEAR ENERGY ARE EXPECTED TO DRIVE THE DCS MARKET DURING THE FORECAST PERIOD ##

Summary

Table of Contents

"The DCS market is estimated to rise at a compound annual growth rate of ~5.0 percent, between 2017 and 2022."

The DCS market is estimated to grow ~$20.3B by 2022, increasing at a compound annual growth rate (CAGR) of ~5.0 percent, between 2017 and 2022. The booming power industry and augmented power generation capacities global, together with the increased use of renewable and nuclear energy for power generation, are forecast to steer the DCS market. The adoption of the Industrial Internet of Things for real-time decision offers an opportunity for the DCS market.

"The services segment is anticipated to grow at the highest compound annual growth rate (CAGR) between 2017 and 2022."

The services segment of the DCS market, by architecture, is intended to be the quickest growing sector between 2017 and 2022. The services segment includes maintenance, installation, upgradation services, plant asset management, alarm management, lifecycle services, migration services, consulting services, simulation and training services, and technical assistance. Plant optimization is one of the main factors driving the services segment of the DCS market during the estimate period.

"APAC: The largest industry for DCS."

Asia-Pac is the biggest market for DCS, succeeded by North America continent and the Middle East (ME). Growing investments in the power generation market and industrial infrastructure will drive the DCS market in the territory. China (CN) is forecasted to be the quickest increasing sector in Asia Pacific (APAC), succeeded by the industries in India (IN) and Japan (JP), during the outlook period.

Key players' distribution profiles:

Comprehensive interviews have been managed with several key industry participants, subject-matter experts, C-suite executives of key industry players, and industry consultants, among other experts, to verify and obtain critical qualitative and quantitative info, as well as to evaluate future industry prospects. The classification of primaries interviews is like:

By Company Type: Tier 1 55.0 percent, Tier 2 25.0 percent, Tier 3 20.0 percent

By Designation: C-Level- 35.0 percent, D-Level- 30.0 percent, Others- 35.0 percent

By area: North america (NA)- 15%, Europe- 20.0 percent, Asia Pacific- 25.0 percent, Middle East- 25.0 percent, South America- 10.0 percent, Africa- 5.0 percent

Note: The tier for organization has been defined on the basis of their final revenue, as of 2016: Tier I=>USD 5 billion, Tier II=from $1.0B to $5.0B, and Tier III=

The key players in the DCS market contain ABB, Schneider Electric (SU), Siemens, Emerson, and Honeywell.

Segment Research

The market research offers a picture of the DCS market across sectors and localities. It aims at evaluating the market value and future increase potential of the market across several segments, including component, application, end-use sector, and area. Moreover, the industry report also comprises a detailed competitive analysis of the top players in the sector together with their company descriptions, recent evolutions, and key industries strategies.

Why acquire this industry report?

1. The study determines and addresses main markets for the implementation of DCS in the oil & gas sector, which would help manufacturers review the rise in demand.

2. The analysis benefits solution providers distinguish the pulse of the sector and offers business insights into drivers, market restraints, and opportunities.

3. The market research will facilitate top players comprehend the strategies of their competitors better and will facilitate in making tactical conclusions.

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