DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/6qbl3w/dcs_market_in) has announced the addition of the "DCS Market in APAC 2015-2019" report to their offering.
The DCS market in APAC to grow at a CAGR of 4.36% over the period 2014-2019.
The DCS market in APAC can be divided into eight main segments based on end-users: power, pharmaceutical, oil and gas, pulp and paper, food and beverage, chemical, automotive, and packaging industries. The above end-user segments are the major consumers of DCS systems and their performance has a direct impact on market growth.
The report, DCS Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Increased economic growth in developing countries is one of the major positive trends that will increase power consumption over the forecast period. This will lead to greater investment in new power plants to satisfy this growing demand, which will require DCS solutions to effectively operate.
According to the report, growing global awareness regarding green energy and reducing carbon emission levels has stimulated investment in renewable energy resources. China and India are already providing subsidies and other concessions to set up hydro, wind, and solar parks. These facilities will require DCS for effective control of plant operations.
Further, the report states that production overcapacity is affecting industry players and has prompted major industries in China to scale back their planned investments. This poses a great challenge for DCS vendors, as automation of plant facilities requires substantial investment.
Key Vendors
- ABB
- Emerson Electric
- Honeywell International
- Siemens
- Yokogawa Electric
Other Prominent Vendors
- FMC Technologies
- General Electric
- Metso
- Mitsubishi Heavy Industries
- Rockwell Automation
- Schneider Electric
- Toshiba International
Key Topics Covered:
- Executive Summary
- List of Abbreviations
- Scope of the Report
- Market Research Methodology
- Introduction
- Brief Overview of DCS
- Market Landscape
- Market Segmentation by End-user
- Key Leading Countries
- Buying Criteria
- Market Growth Drivers
- Drivers and their Impact
- Market Challenges
- Impact of Drivers and Challenges
- Market Trends
- Trends and their Impact
- Vendor Landscape
- Key Vendor Analysis
For more information visit http://www.researchandmarkets.com/research/6qbl3w/dcs_market_in
