Automotive and Transportation

Global Distributed Control Systems Market in Power Industry 2015-2019

  • TEC321058
  • 76 Pages
  • August 2015
  • Automotive and Transportation
About DCS
A DCS is an automated control system that, rather than being centralized, is distributed across an entire organization. DCS is distributed in such a way that each component or sub-system of a manufacturing plant is controlled by one or more controllers, thereby providing instructions to different parts of the plant. Thus, instead of having a centrally located control system, each section of the plant has its own control operations. DCS solutions, hence, enable the effective and efficient control and management of the entire plant. Further, they facilitate a reduction in downtime errors and an increase in the productivity of the plant. DCS is adopted by industries that require multi-step processing such as power, pharmaceuticals, oil and gas, pulp and paper, food and beverage, chemical, automotive, and packaging.

Technavio's analysts forecast the Global DCS market in the power industry to grow at a CAGR of 3.03% over the period 2014-2019.

Covered in this report
This report covers the present scenario and the growth prospects of the Global DCS market in the power industry during the period 2015-2019. To calculate the market size, the report considers revenue generated from the following: sales of hardware and software licenses, renewal of software licenses, upgrades of existing solutions, maintenance and services. It also presents the vendor landscape and a corresponding detailed analysis of the major vendors in the market. In addition, it discusses the major drivers that influence the growth of the market.

Technavio's report, Global DCS Market in Power Industry 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC, and EMEA; it also covers the landscape of the global DCS market in the power industry and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.

Key regions
Americas
APAC
EMEA

Key vendors
ABB
Emerson Electric
Honeywell International
Siemens
Yokogawa Electric

Other prominent vendors
General Electric
Metso
Mitsubishi Heavy Industries
Omron
Rockwell Automation
Toshiba International

Key market driver
Outsourcing of manufacturing activities to APAC
For a full, detailed list, view our report

Key market challenge
Reluctance among end-users to migrate to latest technology
For a full, detailed list, view our report

Key market trend
Economic growth in developing countries
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2019 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
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