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Distributed Control System (DCS) Market 2021 Growth, Outlook, Demand, Key Player Analysis and Forecast 2026

Devin Steffan
Distributed Control System (DCS) Market 2021 Growth, Outlook, Demand, Key Player Analysis and Forecast 2026

According to IMARC Group’s latest report, the global distributed control systems (DCS) market exhibited moderate growth during 2015-2020. Looking forward, the market is expected to grow at a CAGR of around 5% during 2021-2026.

We are regularly tracking the direct effect of COVID-19 on the market, along with the indirect influence of associated industries. These observations will be integrated into the report.

A distributed control system (DCS) is an automated management solution that regulates various industrial processes. It consists of various local controllers for plant control that are connected to a high-speed communication network. It performs several functions, such as data acquisition, data presentation, process control, process supervision, and reporting information. DCS also minimizes the risks of component failure and enables timely upgradation of outdated technologies. Compared to the conventionally used centralized control systems, it can be used for large and complex industrial verticals, such as oil and gas, food and beverage, nuclear power, wastewater management, automotive, etc.

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Market Trends

The expanding oil and gas industry and increasing adoption of automated machinery are primarily driving the market for DCS. Moreover, the growing need for efficient optimization solutions in the energy generation sector is positively influencing the market growth. DCS allows the operators to individually access, control and monitor plant components, manage databases, and regulate logic and system security systems, thereby experiencing high demand on a global level. Additionally, the emergence of the Industrial Internet of Things (IIoT) solutions will continue to drive the global market for DCS in the coming years.

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List of Key Companies Covered in this Market Report:

  • ABB Ltd. (SWX: ABBN)
  • Azbil Corporation (TYO: 6845)
  • Emerson Electric Co. (NYSE: EMR)
  • Honeywell International Inc. (NYSE: HON)
  • Mitsubishi Motors Corporation (TYO: 7211)
  • Omron Corporation (TYO: 6645)
  • Rockwell Automation Inc. (NYSE: ROK)
  • Schneider Electric SE (EPA: SU)
  • Siemens Aktiengesellschaft (ETR: SIE)
  • Toshiba Corporation. (ETR: SIE)

The report has segmented the market on the basis of component, process, application and geography.

Breakup by Component:

  • Hardware
  • Software
  • Services

Breakup by Process:

  • Continuous Process
  • Batch-oriented Process

Breakup by Application:

  • Power Generation
  • Oil and Gas
  • Chemicals
  • Food and Beverage
  • Mining and Metals
  • Paper and Pulp
  • Pharmaceutical
  • Others

Breakup by Geography:

  • North America (U.S. & Canada)
  • Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
  • Asia Pacific (China, India, Japan, South Korea, Indonesia, Australia, and Others)
  • Latin America (Brazil, Mexico)
  • Middle East & Africa

Key highlights of the report:

  • Market Performance (2015-2020)
  • Market Outlook (2021- 2026)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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Devin Steffan
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