Distributed Control Systems Market, By Component (Hardware, Software, and Services), By End User Vertical (Power Generation, Oil & Gas, Chemicals, Refining, Mining and Metals, Paper and Pulp, and Others), and By Geography (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa)- Size, Share, Outlook, and Opportunity Analysis, 2023 - 2030
Distributed Control Systems evolved out of the integration of computers with process control in the 1970s. This was a response to the availability of microprocessors and their ability to handle sophisticated applications. Early applications included set point and direct digital control with minicomputers such as the DE PDP-11, Varian Data Machines and MODCOMP. Today, DCS is a common method of controlling process plants and is the preferred control mechanism for many industries including oil refineries, chemical plants, mining operations and ore processing facilities. These DCSs are typically connected to several hundred I/O points in the various processes that run through the plant.Market Dynamics:
The global distributed control systems market is expected to grow at a rapid rate owing to the increased use of automation in the process industries. The rising need for quality products and high production rates are driving the adoption of automation. These systems reduce human interference, which in turn helps improve productivity.
However, factors such as rise in availability alternative solutions, and increasing cost competition are likely to impede growth of the global distributed control systems market during the forecast period.
Key features of the study:
- This report provides in-depth analysis of the global distributed control systems market, and provides market size (US$ Billion) and compound annual growth rate (CAGR%) for the forecast period (2023–2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global distributed control systems market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include ABB Group, Yokogawa Electric Company, Honeywell International Inc., Toshiba, Siemens AG, Azbil Corporation, Schneider Electric, Novatech LLC, Mitsubishi Electric, Omron Corporation, Rockwell Automation, METSO, and Emerson Electric Company
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global distributed control systems market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global distributed control systems market
- Global Distributed Control Systems Market, By Component
Software
Services
- Global Distributed Control Systems Market, By End User Vertical
Oil & Gas
Chemicals
Refining
Mining and Metals
Paper and Pulp
Others
- Global Distributed Control Systems Market, By Region
Europe
Asia Pacific
Latin America
Middle East and Africa
- Company Profiles:
Honeywell International Inc.
Siemens AG
Schneider Electric
Mitsubishi Electric
Rockwell Automation
Emerson Electric Company
METSO
Omron Corporation
Novatech LLC
Azbil Corporation
Toshiba
Yokogawa Electric Company
- 1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
- 2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Market Snapshot, By Component
- Market Snapshot, By End User Vertical
- Market Snapshot, By Regions
- Coherent Opportunity Map (COM)
- 3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Drivers
- Rise in demand for energy across developing countries
- Increasing adoption for smart applications
- Restraints
- Availability of alternative technologies in the process automation field
- Increasing concerns regarding security and rise in cost competition
- Opportunities
- Rise in investment in processing and manufacturing industry
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER’s Analysis
- Merger and Acquisition Scenario
- 4. Global Distributed Control Systems Market – Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
- 5. Global Distributed Control Systems Market , By Component, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Hardware
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Software
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- Services
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Bn)
- 6. Global Distributed Control Systems Market , By End User Vertical, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2017 – 2030
- Segment Trends
- Power Generation
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Oil & Gas
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Chemicals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Refining
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Mining and Metals
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Paper and Pulp
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- Others
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2017-2030,(US$ Billion)
- 7. Global Distributed Control Systems Market , By Region, 2017-2030, (US$ Bn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2017–2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Bn)
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Bn)
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Bn)
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Bn)
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Component, 2017-2030,(US$ Bn)
- Market Size and Forecast, and Y-o-Y Growth, By End User Vertical, 2017-2030,(US$ Bn)
- 8. Competitive Landscape
- ABB Group
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Honeywell International Inc.
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Siemens AG
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Schneider Electric
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Mitsubishi Electric
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Rockwell Automation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Emerson Electric Company
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- METSO
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Omron Corporation
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Novatech LLC
- Company Highlights
- Product Portfolio
- Key Highlights
- Financial Performance
- Strategies
- Analyst Views
- 9. Section
- Research Methodology
- About us
- *Browse 24 market data tables and 28 figures on “Global Distributed Control Systems Market” - Global forecast to 2030
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