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Distributed Control System Market Worth of 35.24 billion USD registering a CAGR of 6.12% by 2030 | ABB, Schneider Electric, Rockwell Automation, Siemens, General Electric

Distributed Control System Market Overview

The global Distributed control system market is expected to grow from an estimated USD 35.24 billion in 2030, registering a CAGR of 6.12% during the forecast period (2021 – 2030).

Distribution control system (DCS) play an important role in manufacturing industries as they control and manage processes. In DCS, each process element group of machines are controlled by a dedicated controller. DCS consists of several local controllers in various sections of the plant control area and is connected to a high-speed communication network. In a DCS control system, data acquisition and control functions are carried through a number of DCS controllers, which are microprocessor-based units distributed, functionally and geographically, over the plant. These controllers communicate among themselves and with other controllers. These controllers use specific protocols, such as Profibus, HART, and Modbus, to communicate with each other.

Distributed Control System market demonstrates a high growth potential which is likely to attract many entrants to the market resultantly, intensifying the competition further. Manufacturers strive to develop innovative materials, and best practices. Incorporating acquisition, collaboration, partnership, and expansion the well-established players gain the competitive advantage to maintain their market position. Also, they make substantial investments in manufacturing & expansion program. Expansions help in reducing logistic cost and increase production capacities and potential to fetch larger turnovers.

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Globally Major key Players accelerates the Distributed Control System Market are, Emerson (USA), ABB (Switzerland), Schneider Electric (France), Rockwell Automation (US), Siemens (Germany), General Electric (US), Yokogawa (Japan), Honeywell International Inc. (US), Toshiba (Japan), Azbil Corporation (Japan), Hitachi (Japan), Metso Corporation (Finland) and Others.

Growth Drivers:

  • Urbanization and industrialization
  • demand for clean energy
  • rising demand for the power industry
  • initiative by the government to promote renewable energy

Most important Segments of Distributed Control System market covered in this report are,

The global distributed control system is segmented based on component, application, end use, and region.

Based on component, the global distributed control system market has been segmented into hardware, software, and services. The software segment held a share of 52.70% of the global Distributed control system market. Based on application, the global distributed control system market has been segmented intocontinuous and batch-oriented processes. The batch-oriented segment held a  58.90% share of the global distributed control system market. Based on end use, the global distributed control system market has been segmented into oil and gas, powergeneration, food &beverage, chemicals, pharmaceutical, metal & mining, paper &pulp, and others.The oil and gas segment held a 21.20% share of the global distributed control system market.Based on region, the distributed control system market has been segmented into North America, Europe, Asia-Pacific, the Middle East & Africa, and South America.Asia-Pacific held a 31.26% share of the distributed control system market.

By component, the global market has been segmented as Hardware, Software, and Services. Software is expected to hold the largest share during the forecast period. Software is the set of programs instructing hardware or electronic device associated with any specific task in the DCS system. Specifically, software in DCS includes embedded controller software, Human-Machine Interface (HMI), systems management software, monitoring, and control system, plant information management (PIM) software, and engineering and configuration software.

By application, the global market has been segmented into continuous process and batch-oriented process. The batch-oriented segmentis one of the largest markets for distributed control system inthe world. The batch-oriented process is the technique used in manufacturing products in different batches. The batch-oriented processes are ideal for seasonal orders, flexible to produce a variety of different product variations, and involve less inventory.

By end use, the global market has been segmented into oil and gas, power generation, food &beverage, chemicals, pharmaceutical, metal &mining, paper & pulp, and others. The oil &gas plant or refinery operations consist of numerous complex processes, which always need to be monitored and controlled. Some of the major oil refining processes controlled by DCS are vacuum distillation, hydrocracking, naphtha hydrotreating, and coking. These processing units are spread across a large factory area, and their control, monitoring, and other operations are centralized with the use of DCS.

Distributed Control System Industry Influence of the global market report:

  • Comprehensive assessment of all opportunities and risks in the Distributed Control System Market.
  • Distributed Control System Market recent innovations and major events.
  • A detailed study of business strategies for the growth of the Distributed Control System Market market-leading players.
  • Conclusive study about the growth plot of Distributed Control System Market for forthcoming years.
  • In-depth understanding of Distributed Control System Market, market-particular drivers, constraints, and major micro markets.
  • Favorable impression inside vital technological and market latest trends striking the Distributed Control System Market.

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The Distributed Control System market trends is growing pervasively, witnessing an exponential growth backed by the increasing investments, competitive activities, global developments, opportunity, and business trends during forecast period 2022 to 2030.

The global Distributed Control System market during the period has been split into several segments and subsegments, which have then been verified through primary research by conducting extensive interviews with key experts such as CEOs VPs, directors, and executives. Finally, the global market breakdown and data triangulation procedures have been employed to complete the overall market engineering processes and functions and hence, arrive at the exact statistics for all segments and subsegments.

Distributed Control System Market Regional Analysis

By region, the market is segmented into Europe, Asia-Pacific, North America, the Middle East & Africa, and South America.  Asia-Pacific dominates the global distributed control system market.Asia-Pacific is one of the largest markets for distributed control systems in the world and is one the fastest-growing markets during the forecast period, mainly due to industrialization and urbanization. Moreover, the increased demand for energy-efficient equipment and supportive government plans are expected to drive the market for distributed control systems in Asia-Pacific.

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