DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/xmcd6b/dcs_market_in_the) has announced the addition of the "DCS Market in the US 2015-2019" report to their offering.
The DCS market in the US to grow at a CAGR of 3.64% over the period 2014-2019.
DCS is an automated control system that is distributed across an entire organization. DCS ensures that each component or sub-system of a manufacturing plant is controlled by one or more controllers. Thus, each section of the plant has its own control operations. Hence, DCS solutions enable effective and efficient control and management of the entire plant. In addition, they also reduce downtime errors and increase productivity.
Cyber security has assumed increased importance among end-users, driven by the increased adoption of open and interoperable automation systems. Any breach of data security could jeopardize the operational efficiency of manufacturing units. Many suppliers are offering solutions, either in-house or through partnerships, to address data security threats. Vendors are providing network firewalls and strategically placed switches to help prevent virus attacks and intrusions.
According to the report, the need to improve productivity has become a key factor driving market growth. The implementation of DCS helps an organization to reduce failure time and respond quickly to any kind of disruption in the production process.
Further, the report states that the high initial investment required to implement DCS is the key challenge in the market.
DCS solutions are adopted by various industries such as:
- Oil and Gas
- Pulp and Paper
- Food and Beverages
It considers the revenue generated from the following:
- Sales of hardware and software licenses
- Upgrades of existing solutions
- Maintenance and support
- Emerson Electric
- Honeywell International
Other prominent vendors
- General Electric
- Mitsubishi Heavy Industries
- Rockwell Automation
- Schneider Electric
- Toshiba International
- Yokogawa Electric
For more information visit http://www.researchandmarkets.com/research/xmcd6b/dcs_market_in_the