About Distributed Control System (DCS)
A distributed control system (DCS) is a computerized control system for a process usually with many control loops, in which autonomous controllers are distributed throughout the system, but there is no central operator supervisory control. In other words, the DCS is an arrangement of sensors, regulators, and related computer frameworks that are circulated all through a plant. This is in contrast to a framework that utilizes centralized controllers either discrete controllers located at a central control room or within a central computer. The DCS concept rises reliability and reduces installation costs by localizing control functions near the process plant, with remote monitoring and supervision. This system is utilized to supervise complex production processes and the networking capabilities of DCS are useful in the process management and the inputs or resulted in outputs can be an analog signal or discrete signal.
Attributes | Details |
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Study Period | 2018-2028 |
Base Year | 2022 |
Unit | Value (USD Million) |
The leading organization in the market to avail competitive advantage are improving the ability of the system and trying to deliver quality with high systems high performance to the customers. Also, companies are continuing research and development and making new collaborations improving the technology. Analyst at AMA Research estimates that United States Players will contribute the maximum growth to Global Distributed Control System (DCS) market throughout the forecasted period. Established and emerging Players should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Emerson (United States), Schneider Electric (France), General Electric (United States), Rockwell (United States), Novatech (United States), ABB (Switzerland), Siemens (Germany), Honeywell (United States), Yokogawa (Japan) and Toshiba (Australia) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research coverage are Metso (Finland), Azbil (Japan), Mitsubishi (Japan), Hitachi (Japan), Can-Technologies (Canada), CG Power (India), Larsen & Toubro (India) and Mobile Automation (Australia).
Segmentation Overview
AMA Research has segmented the market of Global Distributed Control System (DCS) market by Type (Centralized Control, Decentralized Control, Hybrid Control and Networked Control Systems), Application (Continuous Process and Batch-Oriented Process) and Region.
On the basis of geography, the market of Distributed Control System (DCS) has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
If we see Market by , the sub-segment i.e. will boost the Distributed Control System (DCS) market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.Influencing Trend:
Increase investments in conventional power generation to meet the increasing power demand and Municipal expenditures have increased to sustain rising urban shifts of population
Market Growth Drivers:
Increasing demand in power and energy sectors and The emergence of open-source DCS solutions, and cost and time effectiveness
Challenges:
Stagnant growth in the global upstream oil & gas industry due to a decrease in exploration and production activities
Restraints:
Sluggish industrial growth in developed economies and Availability of other low and cost-efficient alternatives
Opportunities:
Increase in focus on expanding manufacturing capabilities and Developing economies that are less oil-dependent
Market Leaders and their expansionary development strategies
In October. 2022 Emerson, a global software and engineering leader, has released a new version of its DeltaV™ distributed control system (DCS). Version 15 of the DeltaV DCS helps plants digitally transform operations through improved production optimization and enhanced operator performance. New software designed to reduce the burden of IT support and modernization spend coupled with expanded analytics will help increase flexibility and speed to market and drive operational improvements.
On 5 November 2020, Rockwell Automation has unveiled its PlantPAx 5.0 distributed control system (DCS) to enhance the lifecycle of plant operations through digitization. This is the latest DCS from RockWell Automation and is capable of digitally transforming an operation by using process functionality that is native to the controller, improving the availability of system assets driving compliance, and the utilization of analytics. New system features are step changes in helping our customers lower the overall costs to design and commission. The functionality improves the overall effort to integrate the process control layer to the enterprise.
Key Target Audience
Industrial Associations, Government Regulatory Bodies, Private Research Organizations and Technology Suppliers
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.