Distributed Control system is an automated control system which is used to control the process or a plant with the help of geographically distributed control elements over the control area, with a central operator supervisory control. the DCS system is generally found in many industries such as chemical, oil & gas, power generation, food processing units, metals & mining, and others. This control system provides flexibility and ease of monitoring of individual components and process in industrial fields.

DCS market has been segmented based on component, application, end-use, and region. Based on end-use, the market is classified into oil & gas, power, chemical, pharmaceutical, food & beverage, metals & mining, paper & pulp, and others. The oil & gas industry end-use industry is expected to dominate the DCS market due to increasing need of centralized control system, monitoring of oil & gas production which can be optimized with the help of DCS.

Get Free Sample Copy @ https://www.marketresearchfuture.com/sample_request/1698

Key Players

The key players of the global distributed control system market are ABB (Switzerland), Emerson (USA), Schneider Electric (France), Siemens (Germany), Rockwell Automation (US), General Electric (USA), Honeywell International Inc. (US), Yokogawa (Japan), Toshiba (Japan), Hitachi (Japan), Azbil Corporation (Japan), and Metso Corporation (Finland).

Market Segmentation

Based on end-use, the market is segmented as Oil & Gas, Power Generation, Food & Beverage, Chemicals, Pharmaceutical, Metal & mining, Paper & Pulp, and others. Oil & gas segment is estimated to dominate the market during the forecast period due to the increase in capacity addition of the refineries especially in North America and Asia-Pacific. On the basis of components, the market is segmented as hardware, software, and services. Software component of DCS is configured with hardware and the architecture for receiving the information and using real-time information to enhance the agility and productivity of industries such as oil & gas, power generation, chemicals, and others.

Access Full Report @ https://www.marketresearchfuture.com/reports/global-distributed-control-system-market-1698

Regional Analysis

DCS Market by region is segmented into Asia-Pacific, North America, Europe, the Middle East & Africa, and South America. Asia-Pacific is expected to hold the largest share in the global DCS market during the forecast period with 31.40% share. China was the largest market in 2017, valued at USD 1,523.5 million. The growth in DCS in Asia-Pacific can be attributed to China, Japan, and India, where the manufacturing industry is growing tremendously. Due to the growing production, urbanization, and competition among manufacturers, there is an increased necessity for higher operational efficiency, minimizing production cost, and process control industries with integrated controllers having high distributed control capability. Additionally, industries such as power generation, oil & gas, chemicals, and pharmaceutical, among others are growing significantly in Asia-Pacific.

Scope of the Report

This report provides an in-depth analysis of the global distributed control system market, tracking three market segments across five geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, and share for North America, Asia-Pacific (APAC), Europe, Middle East & Africa, and South America. The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the distributed control system market by its component, application, end-use, and by region.

View More Info @ https://reut.rs/2KgbNJl

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.

Contact:

Market Research Future

+1 646 845 9312

Email: [email protected]