India Distributed Control System Market by Component (Hardware, Software, and Services) Application (Batch and Continuous Process), by Project Type, (New Construction, Replacement, and Upgrade/Expansion), by End User (Oil & Gas, Chemicals & Refining, Energy & Power, Pulp & Paper, Metals & Mining, Pharmaceutical & Biotech, Food & Beverages, Cement & Glass, Water & Wastewater, and Others) – Opportunity Analysis and Industry Forecast, 2024-2030
India Distributed Control System (DCS) Market was valued at USD 1.12 billion in 2023, and is predicted to reach USD 2.09 billion by 2030, with a CAGR of 9.1% from 2024 to 2030.
Prominent market leaders are at the forefront of a transformative wave, aggressively spearheading initiatives to modernize and revolutionize industrial automation through the implementation of Industry 4.0 technologies. This concerted effort is not only reshaping traditional processes but also propelling the overall market's growth by fostering innovation, enhancing operational efficiency, and staying ahead in the competitive landscape.
The integration of advanced technologies, such as the Internet of Things (IoT), artificial intelligence, and automation, is reshaping industries and bolstering the adoption of Distributed Control System (DCS) solutions, making them instrumental in this evolutionary journey towards smarter, more efficient, and agile industrial processes.
For instance, in December 2022, Honeywell announced that Regreen Excel EPC India has implemented the PlantCruise by Experion DCS solution, modular systems, and field instruments (FI) across 40 projects of its plants in India.
However, DCS systems are inclined to cyberattacks as they are networked and computerized. Cybercriminals can gain unauthorized access to DCS systems, compromise sensitive data, and disrupt critical infrastructure, causing significant financial losses and reputational damage. The consequences of a successful cyber-attack on a DCS system can be severe, especially in industries such as power generation, oil & gas, and chemical processing, where disruptions can have significant environmental and public safety implications.
On the other hand, the introduction of modular and flexible DCS systems can create ample growth opportunities for DCS market. Traditionally, DCS systems have been highly centralized and monolithic, with large-scale installations that are expensive and complex to install and maintain.
However, introduction of modular and flexible DCS systems is changing this paradigm. Modular systems are designed to be more flexible and scalable, with a modular architecture that allows easy integration with other systems and components. This makes it easier to customize DCS systems to meet specific needs of individual organizations, without the need for costly and time-consuming customization.
These systems can help to improve production efficiency, reduce costs, and enhance product quality, which is expected to propel demand for DCS systems across a range of industries, including manufacturing, energy, and process industries.
ABB’s modular-enabled process automation solution that combines an orchestration layer is one of the major examples of modular and flexible DCS system. It also consists of a module layer integrated with module type packages (MTPs) technology for cost-effective modularization. This solution is designed to provide end-users such as mining, pharmaceuticals, and biotech with an automation solution that can fit their applications better than Programmable Logic Controllers (PLCs) and costs less than a traditional DCS.
Segment Overview
The India Distributed Control System (DCS) industry is segmented on the basis of component, application, project type, and end user industry.
• By component, the market is classified into hardware, software, and service.
• By application, the market is classified into batch and continuous process.
• By project type, the market is segmented into new construction, replacement, upgrade and expansion.
• By end user industry, the market is segmented into oil & gas, chemicals & refining, energy & power, pulp & paper, metals & mining, pharmaceutical & biotech, food & beverages, cement & glass, water & wastewater, and others.
Key Market Players
The key players in the India Distributed Control System (DCS) market research include companies such as:
• Yokogawa Electric Corporation
• Hitachi Ltd.
• Omron Corporation
• Emerson Electric Co.
• Mitsubishi Electric Corporation
• ABB Ltd.
• Rockwell Automation Inc.
• Honeywell International Inc.
• Valmet OYJ
• Toshiba Corporation
• Schneider Electric SE
• General Electrics
• Ingeteam Corporation S.A
• Azbil Corporation
• Siemens AG
KEY BENEFITS
• The India Distributed Control System (DCS) market report provides a quantitative analysis of the current market and estimations from 2024 to 2030. This analysis assists in identifying the prevailing market opportunities.
• The study comprises a comprehensive analysis of the market trends, including current and future trends for depicting prevalent investment pockets in the market.
• The information related to key drivers, restraints, and opportunities and their impact on the India Distributed Control System (DCS) market is provided in the report.
• The competitive analysis of the market players along with their market share in the India Distributed Control System (DCS) market is provided in the report.
• The SWOT analysis and Porter’s Five Forces model are elaborated in the study.
• The value chain analysis in the market study provides a clear picture of the role of stakeholders.
- 1 Introduction
- 1.1 Report Description
- 1.2 Research Methodology
- 1.2.1 Secondary Research
- 1.2.2 Data Analysis Framework
- 1.2.3 Market Size Estimation
- 1.2.4 Forecasting
- 1.2.5 Primary Research And Data Validation
- 2 India Distributed Control System (Dcs) Market By Component
- 2.1 Overview
- 2.2 Hardware Market
- 2.2.1 Controller
- 2.2.2 I/O
- 2.2.3 Workstation
- 2.2.4 Networking Hardware
- 2.3 Software Market
- 2.4 Service Market
- 2.4.1 Integration And Implementation
- 2.4.2 Managed Services
- 2.4.3 Support And Consultation
- 3 India Distributed Control System (Dcs) Market By Application
- 3.1 Overview
- 3.2 Batch Market
- 3.3 Continuous Process Market
- 4 India Distributed Control System (Dcs) Market By Project Type
- 4.1 Overview
- 4.2 New Construction Market
- 4.3 Replacement Market
- 4.4 Upgrade And Expansion Market
- 5 India Distributed Control System (Dcs) Market By End User Industry
- 5.1 Overview
- 5.2 Oil And Gas Market
- 5.3 Chemicals And Refining Market
- 5.4 Energy And Power Market
- 5.5 Pulp And Paper Market
- 5.6 Metals And Mining Market
- 5.7 Pharmaceutical And Biotech Market
- 5.8 Cement And Glass Market
- 5.9 Water And Wastewater Market
- 5.10 Others Market
- 6 Company Profiles
- 6.1 Yokogawa Electric Corporation
- 6.1.1 Company Overview
- 6.1.2 Company Snapshot
- 6.1.3 Operating Business Segments
- 6.1.4 Product Portfolio
- 6.1.5 Business Performance
- 6.1.6 Business Segments
- 6.1.7 Geographic Segments
- 6.1.8 Key Strategic Moves And Development
- 6.1.9 Primary Market Competitors
- 6.2 Hitachi Ltd.
- 6.2.1 Company Overview
- 6.2.2 Company Snapshot
- 6.2.3 Operating Business Segments
- 6.2.4 Product Portfolio
- 6.2.5 Business Performance
- 6.2.6 Business Segments
- 6.2.7 Geographic Segments
- 6.2.8 Key Strategic Moves And Development
- 6.2.9 Primary Market Competitors
- 6.3 Omron Corporation
- 6.3.1 Company Overview
- 6.3.2 Company Snapshot
- 6.3.3 Operating Business Segments
- 6.3.4 Product Portfolio
- 6.3.5 Business Performance
- 6.3.6 Business Segments
- 6.3.7 Geographic Segments
- 6.3.8 Key Strategic Moves And Development
- 6.3.9 Primary Market Competitors
- 6.4 Emerson Electric Co.
- 6.4.1 Company Overview
- 6.4.2 Company Snapshot
- 6.4.3 Operating Business Segments
- 6.4.4 Product Portfolio
- 6.4.5 Business Performance
- 6.4.6 Business Segments
- 6.4.7 Geographic Segments
- 6.4.8 Key Strategic Moves And Development
- 6.4.9 Primary Market Competitors
- 6.5 Mitsubishi Electric Corporation
- 6.5.1 Company Overview
- 6.5.2 Company Snapshot
- 6.5.3 Operating Business Segments
- 6.5.4 Product Portfolio
- 6.5.5 Business Performance
- 6.5.6 Business Segments
- 6.5.7 Geographic Segments
- 6.5.8 Key Strategic Moves And Development
- 6.5.9 Primary Market Competitors
- 6.6 Abb Ltd.
- 6.6.1 Company Overview
- 6.6.2 Company Snapshot
- 6.6.3 Operating Business Segments
- 6.6.4 Product Portfolio
- 6.6.5 Business Performance
- 6.6.6 Business Segments
- 6.6.7 Geographic Segments
- 6.6.8 Key Strategic Moves And Development
- 6.6.9 Primary Market Competitors
- 6.7 Rockwell Automation Inc.
- 6.7.1 Company Overview
- 6.7.2 Company Snapshot
- 6.7.3 Operating Business Segments
- 6.7.4 Product Portfolio
- 6.7.5 Business Performance
- 6.7.6 Business Segments
- 6.7.7 Geographic Segments
- 6.7.8 Key Strategic Moves And Development
- 6.7.9 Primary Market Competitors
- 6.8 Honeywell International Inc.
- 6.8.1 Company Overview
- 6.8.2 Company Snapshot
- 6.8.3 Operating Business Segments
- 6.8.4 Product Portfolio
- 6.8.5 Business Performance
- 6.8.6 Business Segments
- 6.8.7 Geographic Segments
- 6.8.8 Key Strategic Moves And Development
- 6.8.9 Primary Market Competitors
- 6.9 Valmet Oyj
- 6.9.1 Company Overview
- 6.9.2 Company Snapshot
- 6.9.3 Operating Business Segments
- 6.9.4 Product Portfolio
- 6.9.5 Business Performance
- 6.9.6 Business Segments
- 6.9.7 Geographic Segments
- 6.9.8 Key Strategic Moves And Development
- 6.9.9 Primary Market Competitors
- 6.10 Toshiba Corporation
- 6.10.1 Company Overview
- 6.10.2 Company Snapshot
- 6.10.3 Operating Business Segments
- 6.10.4 Product Portfolio
- 6.10.5 Business Performance
- 6.10.6 Business Segments
- 6.10.7 Geographic Segments
- 6.10.8 Key Strategic Moves And Development
- 6.10.9 Primary Market Competitors
- 6.11 Schneider Electric Se
- 6.11.1 Company Overview
- 6.11.2 Company Snapshot
- 6.11.3 Operating Business Segments
- 6.11.4 Product Portfolio
- 6.11.5 Business Performance
- 6.11.6 Business Segments
- 6.11.7 Geographic Segments
- 6.11.8 Key Strategic Moves And Development
- 6.11.9 Primary Market Competitors
- 6.12 General Electrics
- 6.12.1 Company Overview
- 6.12.2 Company Snapshot
- 6.12.3 Operating Business Segments
- 6.12.4 Product Portfolio
- 6.12.5 Business Performance
- 6.12.6 Business Segments
- 6.12.7 Geographic Segments
- 6.12.8 Key Strategic Moves And Development
- 6.12.9 Primary Market Competitors
- 6.13 Ingeteam Corporation S.A
- 6.13.1 Company Overview
- 6.13.2 Company Snapshot
- 6.13.3 Operating Business Segments
- 6.13.4 Product Portfolio
- 6.13.5 Business Performance
- 6.13.6 Business Segments
- 6.13.7 Geographic Segments
- 6.13.8 Key Strategic Moves And Development
- 6.13.9 Primary Market Competitors
- 6.14 Azbil Corporation
- 6.14.1 Company Overview
- 6.14.2 Company Snapshot
- 6.14.3 Operating Business Segments
- 6.14.4 Product Portfolio
- 6.14.5 Business Performance
- 6.14.6 Business Segments
- 6.14.7 Geographic Segments
- 6.14.8 Key Strategic Moves And Development
- 6.14.9 Primary Market Competitors
- 6.15 Siemens Ag
- 6.15.1 Company Overview
- 6.15.2 Company Snapshot
- 6.15.3 Operating Business Segments
- 6.15.4 Product Portfolio
- 6.15.5 Business Performance
- 6.15.6 Business Segments
- 6.15.7 Geographic Segments
- 6.15.8 Key Strategic Moves And Development
- 6.15.9 Primary Market Competitors
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