DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Distributed Control Systems Market 2016-2020" report to their offering.
The global DCS market is projected to grow at a CAGR of 3.51% during the period 2016-2020.
Several vendors offer safety integrated solutions that are dependable and efficient compared to traditional safety systems. These solutions involve basic process control solutions and ensure personal and equipment safety over the complete plant or factory. The process control solutions enable end-users to reduce the overall operational costs and enhance productivity by ensuring smooth operation of overall systems and preventing hazards.
According to the report, recent expansions in the renewable power generation industry (which includes small-scale power plants) are encouraging countries to expand distributed power generation strategies, which in turn, drives market demand for DCS.
Further, the report states that one of the major challenges faced by the market is volatility in crude oil and natural gas prices.
- ABB Group
- Emerson Electric
- Honeywell International Inc.
- Schneider Electric SE
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Automation industry value chain
PART 06: Market landscape
PART 07: Market segmentation by solution
PART 08: Market segmentation by end-user
PART 09: Geographical segmentation
PART 10: Market drivers
PART 11: Impact of drivers
PART 12: Market challenges
PART 13: Impact of drivers and challenges
PART 14: Market trends
PART 15: Vendor landscape
For more information visit http://www.researchandmarkets.com/research/8t7xmh/global