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Distributed Control Systems (DCS) Market By Offering (Hardware, Software, Services), By End-use Vertical (Oil & Gas, Power Generation, Industrial Manufacturing, Pharmaceutical, Paper And Pulp, Food & Beverage, Others), By Application (Batch-oriented Process, Continuous Process) - Growth, Future Prospects & Competitive Analysis, 2019 – 2027

The global distributed control systems market was valued at US$ 16.57 Bn in 2018 and expected to register strong growth, expanding at a CAGR of 4.3% during the forecast period from 2019 to 2027.

Distributed Control Systems (DCS) Market

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"Asia Pacific to remain largest Distributed Control Systems (DCS) market by 2027"

Asia Pacific represented the largest distributed control systems market worldwide in 2018 and presumed to retain its leading position throughout the forecast period 2019 – 2027. The dominance and anticipated growth in the region is majorly on the back of heightened investments made in augmenting the oil & gas production and refining capacities. China remains the engine of growth, contributing well over one-third of the regions’ market value. In a bid to minimize its dependence on coal-fired power generation, China is expanding its wind, solar, and nuclear power generation capacities, which, in turn is driving demand for distributed control systems. In developed countries with strong installed base, the need for the aftermarket portfolio and value-added services including system upgrades, consulting, and optimization of lifecycle costs has surged over the last few years. The trend shall prolong during the forecast period from 2019 to 2027.

Distributed Control Systems (DCS) Market

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"Value Contribution from Power & Energy Sector to be Highest throughout the Forecast Period"

The adoption of distributed control systems was highest in power & energy and oil & gas segments in the base year 2018. The value contribution from these segments collectively stood at over 48.0% in the same year. Increased automation in a bid to achieve power quality, plant efficiency and limit dependency on conventional fossil fuels has highlighted the importance of the power industry, thereby paving the way for the increased adoption of distributed control systems in the industry worldwide. The trend is expected to protract, driving demand for DCS solutions & services in the power & energy sector during the forecast period from 2019 to 2027.

Distributed Control Systems (DCS) Market

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Key Players:

Some of the leading manufacturers profiled in the research study include ABB Group, The Emerson Electric Co., Metso Corporation, Honeywell International Inc., Yokogawa Electric, Rockwell Automation, Inc., General Electric, Invensys, Schneider Electric SE, and Siemens AG among others.

Distributed Control Systems (DCS) Market

Historical & Forecast Period

This research study provides qualitative as well as quantitative insights for each segment and sub-segment from 2017 to 2027, considering 2018 as the base year for the research. CAGR (Compounded Annual Growth Rate) for each segment and sub-segment is calculated for the forecast period from 2019 to 2027.

Report Scope by Segments

Key segments covered in the report are as follows:

ATTRIBUTE DETAILS
Research Period  2017-2027
Base Year 2018
Forecast Period  2019-2027
Historical Year  2017
Unit  USD Billion
Segmentation

 Component Segment (2017–2027; US$ Bn)
 • Hardware
 • Software
 • Services

 End-use Vertical Segment (2017–2027; US$ Bn)
 • Oil & Gas
 • Power Generation
 • Industrial Manufacturing
 • Pharmaceutical
 • Paper and Pulp
 • Food & Beverage
 • Others (Utilities, Chemicals, etc.)

 Application Segment (2017–2027; US$ Bn)
 • Batch-oriented Process
 • Continuous Process

 Geography Segment (2017–2027; US$ Bn)
 • North America (U.S., Rest of North America)
 • Europe (U.K., Germany, France, Rest of Europe)
 • Asia Pacific (China, Japan, Australia, Rest of Asia Pacific)
 • Rest of the World (Middle East & Africa, Latin America)

Key questions answered in this report

  • What was the global distributed control systems market value in 2017 & 2018?
  • What is the estimated forecast and market projections for the global distributed control systems market from 2019 up to 2026?
  • Which is the largest distributed control systems market in terms of geography?
  • Which component segment contributes the largest revenue worldwide?
  • Which end-use vertical has the highest penetration of distributed control systems?
  • Which end-use vertical will be the most attractive segment?
  • Predominant trends shaping the global distributed control systems market worldwide
  • Who are the leading manufacturers in the global distributed control systems market worldwide?
  • What are the key strategies adopted by the leading manufacturers in the global distributed control systems market?
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Budget Buying
Executive Summary - Brief Global Market Size - Current & Forecast
Regional Market Size - North America
Country Market Size - US
Company Profile – 1
Trusted By
Godaddy
Published Date:  Jul 2019
Category:  Automation & Process Control
Report ID:   59751
Report Format:   PDF
Pages:   120
Rating:    4.3 (49)
Delivery Time: 24 Hours to 48 Hours   
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