UK 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
UK Distributed Control System (DCS) Market was valued at USD 1024 million in 2023, and is predicted to reach USD 1204 million by 2030, with a CAGR of 2.2% from 2024 to 2030.
The diverse chemical industry includes several sub-sectors, including pharmaceuticals, petrochemicals, specialty chemicals, and agrochemicals in the UK, which is the major user of DCS hardware and software to manage & control their plants at the utmost efficiency.
DCS also controls various processes such as mixing, reaction, and separation. It helps to ensure consistent quality, efficient operation, and regulatory compliance in production of chemicals. In addition, the government of UK is strongly committed to revolutionizing their industries by rapidly adopting smart technologies to improve efficiency and effectiveness. Therefore, the government is investing and pushing industrial plants to work in a smarter way.
For instance, in September 2020, the government made an official declaration of investing USD 200.64 million in the second phase of ""Manufacturing Made Smarter,"" an initiative designed to foster innovation and connectivity in the manufacturing industry. Thus, this scheme positively impacts the DCS industry, which aims to promote innovation and interconnectivity in the manufacturing sector of the UK.
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 OverviewThe UK 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 PlayersThe key players in the UK 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 UK 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 UK Distributed Control System (DCS) market is provided in the report.
• The competitive analysis of the market players along with their market share in the UK 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.