Distributed Control Systems Market (By Component: DCS Hardware, DCS Software, and DCS Services; By End User; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024
|出版商||Variant Market Research LLP||商品編碼||508304|
|出版日期||內容資訊||英文 98 Pages
|分散控制系統的全球市場:市場情況·市場規模·展望·趨勢·預測 Distributed Control Systems Market (By Component: DCS Hardware, DCS Software, and DCS Services; By End User; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024|
|出版日期: 2017年05月13日||內容資訊: 英文 98 Pages||
Distributed Control Systems Market
(By Component: DCS Hardware, DCS Software, and DCS Services; By End User: Chemical, Oil & Gas,Water & Wastewater Management, Power, Metal & Mining, Pharmaceutical, Pulp & Paper; By Geography) Global Scenario, Market Size, Outlook, Trend and Forecast, 2015-2024.
Global Distributed Control Systems (DCS) Market is estimated to reach $24 billion by 2024; growing at a CAGR of 4.5% from 2016 to 2024. Distributed Control Systems (DCS) are used for controlling manufacturing processes across the various industries such as power generation, oil refining, pharmaceuticals, water management systems, and others. In DCS, the controller elements are distributed throughout the system. A DCS typically uses custom designed processors as controllers and uses both proprietary interconnections and communications protocol for communication. Distributed Control systems have gained popularity in various manufacturing industries to monitor and control distributed equipment.
The major factors supplementing the growth of the global distributed control systems market are growth in energy generation based on renewable resources, cost and time effectiveness, and emergence of open sources DCS solutions. However, slow industrial growth in developed economies may hamper the market growth in the coming years. Rapid industrialization and technological advancement would provide several growth opportunities for the global DCS market in the coming years.
The global distributed control systems market is bifurcated by component, and end user. By component, the global distributed control systems market is further classified into DCS hardware, DCS software, and DCS services. By application, the DCS market is segmented into water & wastewater management, chemical, oil & gas, metal & mining, pharmaceutical, power, pulp & paper, and other process industries.
Based on geography, the global DCS market has been segmented into North America, Europe, Asia-Pacific and Rest of the World (RoW). The U.S., Mexico and Canada are covered under North America wherein Europe covers UK, France, Germany, and others. Asia-Pacific covers China, India, Japan, and others. RoW covers South America, Middle East and Africa.
Major companies operating in the distributed control systems market are Honeywell International Inc., NovaTech Process Solutions LLC, ABB Ltd., Siemens AG, Rockwell Automation Inc., Emerson Electric Co., Yokogawa Electric Corporation, Emerson Electric Co., Metso Corporation, and Schneider Electric SA, among others.