Global Distributed Control Systems Market Expected to Grow with a CAGR pf 7% During the Forecast Period, 2018-2027 - ResearchAndMarkets.com
Global Distributed Control Systems Market Expected to Grow with a CAGR pf 7% During the Forecast Period, 2018-2027 - ResearchAndMarkets.com
DUBLIN--(BUSINESS WIRE)--The "Distributed Control Systems - Global Market Outlook (2018-2027)" report has been added to ResearchAndMarkets.com's offering.
The Global Distributed Control Systems Market accounted for $16.90 billion in 2018 and is expected to reach $30.95 billion by 2027 growing at a CAGR of 7.0% during the forecast period.
Increasing demand in power and energy sectors and cost and time effectiveness are the major factors driving the market growth. However, sluggish industrial growth in developed economies is restraining market growth.
A distributed control system (DCS) is a computerised control system for a process or plant usually with many control loops, in which autonomous controllers are distributed throughout the system, but there is no central operator supervisory control. This is in contrast to systems that use centralized controllers; either discrete controller located at a central control room or within a central computer. The DCS concept increases reliability and reduces installation costs by localising control functions near the process plant, with remote monitoring and supervision.
Based on the end-user, oil & gas segment is likely to have a huge demand due to factors such as the discovery of new oil & gas wells, refurbishment of old wells, and the need for enhanced safety and security standards in refineries. By geography, Asia Pacific is going to have a lucrative growth during the forecast period due to its expanding manufacturing facilities and high-frequency deployment in the industrial market and increasing demand for power and growing industrial infrastructure.
What the report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2017, 2018, 2019, 2023 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Key Topics Covered:
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Futuristic Market Scenario
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Distributed Control Systems Market, By Type
5.1 Introduction
5.2 Non-Utility
5.3 Utility
6 Global Distributed Control Systems Market, By Voltage
6.1 Introduction
6.2 High
6.3 Medium
7 Global Distributed Control Systems Market, By Component
7.1 Introduction
7.2 Software
7.3 Hardware
7.4 Services
8 Global Distributed Control Systems Market, By Application
8.1 Introduction
8.2 Batch-Oriented Process
8.3 Continuous Process
9 Global Distributed Control Systems Market, By End User
9.1 Introduction
9.2 Chemicals
9.3 Oil & Gas
9.4 Power Generation
9.5 Pharmaceutical
9.6 Metals and Mining
9.7 Paper and Pulp
9.8 Food and Beverage
9.9 Other End Users
9.9.1 Healthcare
9.9.2 Manufacturing
9.9.3 Petrochemical
9.9.4 Automation
10 Global Distributed Control Systems Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Yokogawa Electric Co.
12.2 Toshiba International
12.3 Siemens AG
12.4 Schneider Electric
12.5 Rockwell Automation
12.6 Omron Corporation
12.7 Novatech Llc (Weir Group)
12.8 Mitsubishi Motors Corporation
12.9 Metso (Valmet Oyj)
12.10 Honeywell International Corporation
12.11 Emerson Electric Company
12.12 Azbil Corporation
12.13 ABB Ltd
For more information about this report visit https://www.researchandmarkets.com/r/jt0jjy
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