Dublin, Dec. 23, 2020 (GLOBE NEWSWIRE) -- The "Distributed Control Systems (DSC) Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025" report has been added to ResearchAndMarkets.com's offering.
The global distributed control systems (DCS) market grew at a CAGR of around 5% during 2014-2019. A distributed control system (DSC) refers to an automated management solution to supervise various industrial processes. It is used for data acquisition, data presentation, process control, process supervision and reporting information. It consists of numerous local controllers for plant control that are connected to a high-speed communication network. It also aids in minimizing the risks of component failure and facilitates the timely upgradation of obsolete technologies. In comparison to the traditionally used centralized control systems, DCS can be used for large and complex industrial processes and offers enhanced reliability of control. As a result, it finds extensive applications across various industries, such as oil and gas, chemical, food and beverage, nuclear power, wastewater management and automotive.
Significant growth in the oil and gas industry, along with increasing industrial automation across the globe, is one of the key factors creating a positive outlook for the market. Furthermore, the rising requirement for efficient optimization solutions in the power and energy sectors is providing a thrust to the market growth. DCS enables the operators to individually control, report and monitor plant components and manage databases, graphics, control logic and system security systems.
Additionally, various technological advancements, such as the development of improved internet-based systems integrated with the Industrial Internet of Things (IIoT), are acting as other growth-inducing factors. These systems can process multiple variables and control signals to various valves, motors and actuators. Other factors, including rapid industrialization, along with extensive research and development (R&D) activities, are anticipated to drive the market further. Looking forward, the publisher expects the global distributed control systems (DCS) market to continue its moderate growth during the next five years.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global distributed control systems (DCS) market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, component, process and application.
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
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being ABB Ltd., Azbil Corporation, Emerson Electric Co., Honeywell International Inc., Mitsubishi Motors Corporation, Omron Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens Aktiengesellschaft and Toshiba Corporation.
Key Questions Answered in This Report:
- How has the global distributed control systems (DCS) market performed so far and how will it perform in the coming years?
- What has been the impact of COVID-19 on the global distributed control systems (DCS) market?
- What are the key regional markets?
- What is the breakup of the market based on the component?
- What is the breakup of the market based on the process?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the industry?
- What are the key driving factors and challenges in the industry?
- What is the structure of the global distributed control systems (DCS) market and who are the key players?
- What is the degree of competition in the industry?
Key Topics Covered:
1 Preface
2 Scope and Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Distributed Control System (DCS) Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 Market Breakup by Component
6.1 Hardware
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Software
6.2.1 Market Trends
6.2.2 Market Forecast
6.3 Services
6.3.1 Market Trends
6.3.2 Market Forecast
7 Market Breakup by Process
7.1 Continuous Process
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Batch-oriented Process
7.2.1 Market Trends
7.2.2 Market Forecast
8 Market Breakup by Application
8.1 Power Generation
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Oil and Gas
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Chemicals
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Food and Beverage
8.4.1 Market Trends
8.4.2 Market Forecast
8.5 Mining and Metals
8.5.1 Market Trends
8.5.2 Market Forecast
8.6 Paper and Pulp
8.6.1 Market Trends
8.6.2 Market Forecast
8.7 Pharmaceutical
8.7.1 Market Trends
8.7.2 Market Forecast
8.8 Others
8.8.1 Market Trends
8.8.2 Market Forecast
9 Market Breakup by Region
9.1 North America
9.2 Asia Pacific
9.3 Europe
9.4 Latin America
9.5 Middle East and Africa
10 SWOT Analysis
10.1 Overview
10.2 Strengths
10.3 Weaknesses
10.4 Opportunities
10.5 Threats
11 Value Chain Analysis
12 Porters Five Forces Analysis
12.1 Overview
12.2 Bargaining Power of Buyers
12.3 Bargaining Power of Suppliers
12.4 Degree of Competition
12.5 Threat of New Entrants
12.6 Threat of Substitutes
13 Price Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Key Players
14.3 Profiles of Key Players
14.3.1 ABB Ltd.
14.3.1.1 Company Overview
14.3.1.2 Product Portfolio
14.3.1.3 Financials
14.3.1.4 SWOT Analysis
14.3.2 Azbil Corporation
14.3.2.1 Company Overview
14.3.2.2 Product Portfolio
14.3.2.3 Financials
14.3.3 Emerson Electric Co.
14.3.3.1 Company Overview
14.3.3.2 Product Portfolio
14.3.3.3 Financials
14.3.3.4 SWOT Analysis
14.3.4 Honeywell International Inc.
14.3.4.1 Company Overview
14.3.4.2 Product Portfolio
14.3.4.3 Financials
14.3.4.4 SWOT Analysis
14.3.5 Mitsubishi Motors Corporation
14.3.5.1 Company Overview
14.3.5.2 Product Portfolio
14.3.5.3 Financials
14.3.5.4 SWOT Analysis
14.3.6 Omron Corporation
14.3.6.1 Company Overview
14.3.6.2 Product Portfolio
14.3.6.3 Financials
14.3.6.4 SWOT Analysis
14.3.7 Rockwell Automation Inc.
14.3.7.1 Company Overview
14.3.7.2 Product Portfolio
14.3.7.3 Financials
14.3.7.4 SWOT Analysis
14.3.8 Schneider Electric SE
14.3.8.1 Company Overview
14.3.8.2 Product Portfolio
14.3.8.3 Financials
14.3.8.4 SWOT Analysis
14.3.9 Siemens Aktiengesellschaft
14.3.9.1 Company Overview
14.3.9.2 Product Portfolio
14.3.9.3 Financials
14.3.9.4 SWOT Analysis
14.3.10 Toshiba Corporation
14.3.10.1 Company Overview
14.3.10.2 Product Portfolio
14.3.10.3 Financials
14.3.10.4 SWOT Analysis
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