Global Distributed Control Systems (DCS) Market Report, published by Variant Market Research, forecast that the global market is expected to reach $24 billion by 2024 from $17 billion in 2016; growing at a CAGR of 4.5% from 2016 to 2024. By geography, Asia-Pacific and Rest of the World (RoW) are expected to grow at a CAGR of 5.7% and 4.4%, respectively, during the forecast period.
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DCS is designed to provide automated control of a plant or process for enhanced control, process quality, and efficiency. The drivers that are significantly increasing the demand for the global distributed control systems market include need for cost and time efficiency, increase in energy generation based on renewable resources, and development of open sources DCS solutions.
Slower industrial growth in several developed countries and stagnant growth in mining sector would hamper the growth of the market. However, need for technological advancements and rapid industrialization in emerging economies would create immense growth opportunities in years to come.
Component segment of DCS market is categorized as DCS hardware, DCS software, and DCS services. Among which, DCS software held majority of the market share in 2016, while, DCS hardware will attain fastest growth, owing to, rising number of replacements and system upgradations.
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Oil & gas dominated the end user segment due to increased demand for innovative systems to control and monitor activities. Other sub-segment includes chemicals, water & wastewater management, power, metal and mining, pharmaceuticals, pulp & paper, and others.
The global DCS market by geography has been categorized into North America, Europe, Asia-Pacific and Rest of the world. Asia-Pacific held the largest market share of 34.1% in 2016, due to the growth in manufacturing industries in countries such as China and India. Europe accounted the second largest market share of 32% driven by technological advancement and increase in greenfield investments. While, in terms of growth, Asia-Pacific is expected to attain the fastest CAGR of 5.7% during the forecast period 2016-2024.
Key players in the distributed control systems market include, Honeywell International Inc., Yokogawa Electric Corporation, Emerson Electric Co., NovaTech Process Solutions LLC, ABB Ltd., Siemens AG, Rockwell Automation Inc., Emerson Electric Co., Metso Corporation, and Schneider Electric SA, among others.
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Scope of Distributed Control Systems Market
Component Segments
• DCS hardware
• DCS software
• DCS services
End UserSegments
• Chemical
• Oil & Gas
• Water & Wastewater Management
• Power
• Metal and Mining
• Pharmaceutical
• Pulp & Paper
• Others
Geography Segments
• North America
o US
o Canada
o Mexico
• Europe
o UK
o France
o Germany
o Others
• Asia-Pacific
o China
o India
o Japan
o Others
• RoW
o South America
o Middle East
o Africa

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Variant Market Research offers syndicated and customized reports to fulfill clients' objectives. We also provide customized data pack proposing market sizing in an Excel/PDF/PowerPoint or Word format as per the requirement of clients. We cover several industry domains, namely Semiconductor & Electronics, Consumer Electronics, Information and Communication Technology, Automotive, Consumer Goods, Food & Beverages, Pharmaceuticals, Medical Devices, Chemicals, Industrial, Mining Equipment, Automation, Manufacturing, Construction, Energy & Power, Defense & Aerospace and Banking, Financial services and Insurance (BFSI). Our expertise are data triangulation, competitor benchmarking, parent market benchmarking, estimating market size and forecast of the market from 2016 to 2024.
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