Market Snapshot, Global Distributed Control System (DCS) Market is expected to expand at 5.30% CAGR during the forecast period. , Global DCS market is expected to witness substantial growth during the forecast period. Asia-Pacific is estimated to be a prominent region for DCS market due to the rise in industrialization and increase in power generation capacity aligned with the increase in energy demand. Similarly, awareness about energy conservation and the need for providing uninterrupted supply of electricity to people in Europe and North America are projected to drive the DCS market in the coming years. Moreover, North America held the second largest market share in DCS in 2017 due to the growth in oil & gas sector. For instance, according to the WEO, Special Report: Offshore Energy Outlook 2017, in North America, the total investment in oil and gas industry accounted approximately USD 112 billion in year 2016.Furthermore, in the new policies scenario, there would be a cumulative investment of approximately USD 4,411 billion during the period 2017-40 in oil and gas industry in North America., Global DCS Market, By Region, 2017, , Source: MRFR Analysis , Increasing use of renewable energy sources would lead to enhancement of grid development projects, including DCS and microgrids technologies. As per International Renewable Energy Agency (IRENA), there would be USD 400 billion of annual investment in renewable energy sources by 2020. Similarly, as per IRENA report 2016, USD 11 billion was invested in renewable energy generation, across the GCC countries in 2016. Similarly, emerging markets such as India, China, and other South-East Asian countries are focusing on investing in renewable energy in order to meet the power demand. Also, renewable and nuclear power plant systems integrated with wind turbine generators, synchronous machines, battery-based energy storage system would drive the demand for DCS, which is used for managing and controlling the entire power plant system, effectively., Additionally, China, over the last decades has become a global manufacturing hub, with many multinational companies setting up high volume production facilities in the country. Countries such as Australia, Thaila

Market Snapshot

Global Distributed Control System (DCS) Market is expected to expand at 5.30% CAGR during the forecast period.

Global DCS market is expected to witness substantial growth during the forecast period. Asia-Pacific is estimated to be a prominent region for DCS market due to the rise in industrialization and increase in power generation capacity aligned with the increase in energy demand. Similarly, awareness about energy conservation and the need for providing uninterrupted supply of electricity to people in Europe and North America are projected to drive the DCS market in the coming years. Moreover, North America held the second largest market share in DCS in 2017 due to the growth in oil & gas sector. For instance, according to the WEO, Special Report: Offshore Energy Outlook 2017, in North America, the total investment in oil and gas industry accounted approximately USD 112 billion in year 2016.Furthermore, in the new policies scenario, there would be a cumulative investment of approximately USD 4,411 billion during the period 2017-40 in oil and gas industry in North America.

Global DCS Market, By Region, 2017

Source: MRFR Analysis

Increasing use of renewable energy sources would lead to enhancement of grid development projects, including DCS and microgrids technologies. As per International Renewable Energy Agency (IRENA), there would be USD 400 billion of annual investment in renewable energy sources by 2020. Similarly, as per IRENA report 2016, USD 11 billion was invested in renewable energy generation, across the GCC countries in 2016. Similarly, emerging markets such as India, China, and other South-East Asian countries are focusing on investing in renewable energy in order to meet the power demand. Also, renewable and nuclear power plant systems integrated with wind turbine generators, synchronous machines, battery-based energy storage system would drive the demand for DCS, which is used for managing and controlling the entire power plant system, effectively.

Additionally, China, over the last decades has become a global manufacturing hub, with many multinational companies setting up high volume production facilities in the country. Countries such as Australia, Thailand, and Indonesia have a great scope for DCS as these countries are witnessing significant industrialization. Moreover, in these countries, along with the growing manufacturing facilities, competition among manufacturers is also growing. China and India are the fastest growing economies in Asia-Pacific, and the manufacturing industry is expected to grow substantially during the forecast period. According to the World Bank, China’s manufacturing added value in 2017 was USD 3.59 trillion, which is the highest in the world. The economy in China is undergoing tremendous growth in the manufacturing and processing industry, which is expected to be retained during the forecast period. However, due to the rise in competition, companies are seeking technologies that can reduce operational costs and improve the efficiency of the production facilities. For instance, in November 2018, ABB (Switzerland) completed the delivery of its DCS Ability Symphony Plus to China General Nuclear Power Group (China), for the centralized control of a concentrated solar power plant. Such developments would drive the market for DCS in Asia-Pacific.

Solution Analysis

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.

Synopsis

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.

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.

Increasing power generation capacities, to drive the global DCS market.

Source: MRFR Analysis

Market Attractiveness Analysis: Global DCS Market

Source: MRFR Analysis

Companies Covered

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

Key Developments



On 5th March 2019, ABB (Switzerland) released 800xA 6.1 distributed control system, introducing upgraded ethernet solution with additional high integrity controllers and a series of engineering tools. This system would help prevent blackouts and disturbance of operations.



In June 2018, Rockwell Automation Inc. (US) developed a digital platform for its PlantPAx system to transform the process and control operations of the plant for increased plant-wide value in a smarter, more productive, and safe way



In April 2018, Schneider Electric (France) signed an agreement with Staubli Robotics (Switzerland) to integrate the customized Staubli TS series, with four-axis SCARA robots, into Schneider Electric’s EcoStruxure Machine architecture, control system, and platform.



In April 2018, Emerson Electric Co (US), developed an advanced version of DCS, known as DeltaV version 14. This version has helped increase real-time communication in process plants. Moreover, this upgrade has helped reduce operating cost by improving productivity and security in process operations



Market Segmentation



By Component – Hardware, Software, and Services

By Application – Continuous process and batch-oriented process

By End-Use – Oil & Gas, Power Generation, Food & Beverage, Chemicals, Pharmaceutical, Metal & mining, Paper & Pulp, and others



Key questions addressed by the report



What was the historic market size (2017)?



Which segmentation ( Component / Application/ End-Use Industry is driving market?



What will be the growth rate by 2023?



How are the key players in this market?



What are the strategies adopted by key players?



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