How distributed control system (DCS) increases reliability and reduces installation costs

Posted on Updated on

Distributed Contrl System

A distributed control system (DCS) is a computerized control system for a process or plant, in which autonomous controllers are distributed throughout the system, but there is central operator supervisory control. This is in contrast to non-distributed control systems that use centralized controllers; either discrete controllers located at a central control room or within a central computer.

Distributed Control Systems (DCS) Market report, published by Allied Market Research, forecasts that the global market is expected to garner $24,609 million by 2022, growing at a CAGR of 5.2% during the period 2016 – 2022. Factors such as increase in demand in power and energy sectors, emergence of open source DCS solutions, and cost & time effectiveness drive the global market. Asia-Pacific is expected be the largest market for DCS during the forecast period.

To get free sample report @ https://www.alliedmarketresearch.com/request-free-sample/337

Asia-Pacific is the most lucrative market for DCS and leads in process automation & controls pertaining to service opportunities in greenfield projects paired with increasing manufacturing activities in the emerging economies of Asia-Pacific.

distributed-control-systems-market-segment-overview

               Fig . DCS Market Segmentation

Software interface constitute the highest market share among other component types due to increased use of DCS in cloud computing technology. Nonetheless, DCS service is estimated to grow at the fastest rate owing to the growth in skid-mounted DCS technology.

The oil & gas industry is projected to dominate the market, pertaining to the increase in demand for oil, gas, petrochemical, and refined products paired with deregulation of energy markets. However, the food & beverage industry is expected to depict fastest growth, owing to the introduction of vision inspection systems used for bottling and packaging application for increased efficiency.

top-factors-impacting-the-world-distributed-control-systems-market

Fig. Top factors impacting the global distributed control systems market

LAMEA is estimated to grow at the highest CAGR on account of growth in South Africa and increase in rate of adoption in traditional industries in LAMEA such as metals, minerals, petrochemicals and chemicals.

To get more and exclusive information visit >> https://www.alliedmarketresearch.com/distributed-control-system-DCS-market

Key Findings of Distributed Control Systems (DCS) Market Study:

  • Software interface segment is expected to exhibit a remarkable growth during the forecast period, due to growth in cloud computing technology and commercial off-the-shelf (COTS) technology.
  • Oil & gas industry contributes the highest market share pertaining to the requirement of increased safety in manufacturing plants and environmental policies.
  • Asia-Pacific is expected to exhibit a promising growth during the forecast period.
  • Industry participants focus on expansion to innovate their product offerings and to improve their market share.

The distributed control systems market comprises dominant players such as General Electric, Siemens, Honeywell International Inc., Schneider Electric SE, and others. These market players focus on expansion, product launch, R&D, and acquisition as their key strategies to establish their market position.

Advertisements

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s