Distributed control system (DCS) is a computerized control system used to control the production line in the industry. It provides an advanced solution for the complicated process automation systems to make them more efficient and reliable. Growing use of DCS in process automation helps in improving the process quality, down time costs, reduces the life cycle, and creates high reserves, thus, encouraging the companies to invest in newer distribution control systems. Increase in manufacturing activities in Asia Pacific and Middle East countries is expected to contribute to the growing demand for distributed control system (DCS) solutions across different end use industries. Increasing investments in oil and gas, chemicals, petrochemicals, power generation, and water and waste-water industry among others is driving the demand for distributed control systems in regional markets. There is rapid industrialization worldwide since the markets have begun to revive after the launch of projects that were deferred during the economic downturn.
Increasing demand for oil and gas is creating the need for technologically advanced control systems for monitoring and controlling different activities in order to increase production efficiency. Also, these systems can help in reducing the risk to human life as DCS solutions can be implemented in hazardous environments.
The growing demand for power is encouraging governments to set up new power stations or upgrade the existing ones for capacity expansion. Use of DCS solutions for monitoring different activities in power generation stations will help in enhancing the power generation speed and avoid human errors occurring during the process. Also, there is an increasing demand for distributed control systems in food processing industries due to the rapidly growing population.
The global distributed control systems market is segmented based on components into DCS hardware, DCS software, and DCS services. The software segment is the largest in the global DCS market as most existing distributed control systems require system upgradation. DCS hardware is expected to become the fastest growing segment during the forecast period from 2019 to 2026 due to the increasing number of Greenfield projects in the Asia Pacific region.
Most distributed control systems in North America and Europe were installed during the 1980s and are now reaching the end of their reasonable lifecycle, thus generating the need to upgrade or replace the systems. The opportunities in retrofitting currently outnumber the opportunities for new construction activities. In North America alone, there are around 5 million buildings that can be retrofitted, thus displaying the potential for distributed control systems in retrofit projects.
The study on global distributed control systems, analyzes the market based on major component type, applications of DCS in end user industry and major geographies. The geographies analyzed under this report include North America, Europe, Asia Pacific, and Rest of the World. The report provides complete analysis of the factors responsible for driving and restraining the global DCS market and discusses the potential growth opportunities.
Market shares and analysis of the leading players in the distributed control systems market is presented in the research study. ABB Ltd remained the market leader followed by Siemens and Honeywell in 2011. Other important players dominating the global distributed control systems market include Honeywell International, Yokogawa, Emerson, and Invensys Plc among others. The worldwide DCS market is highly consolidated with top five players accounting for around three-fourth of the total market share. Key players are continuously upgrading their products to keep up with the global market and match the increasing demands for sophisticated automated systems.
Segmentation:
Chapter 1 Preface
1.1 Research scope and description
1.2 Research methodology
Chapter 2 Executive Summary
Chapter 3 Market Overview
3.1 Market definition
3.2 Overall market size, 2019
3.3 Market trends and future outlook, 2019 – 2026
3.3.1 More intelligent I/O subsystem
3.3.2 Shift in I/O type
3.3.3 Need for network consulting services
3.3.4 Virtualization
3.3.5 Cyber security
3.3.6 Mobility
3.3.7 Modular skid mounted DCS
3.4 Factor analysis
3.4.1 Drivers
3.4.1.1 Increasing demand for DCS solutions in the power industry
3.4.1.2 Emergence of open source DCS solutions due to technological developments
3.4.1.3 Migration strategy of customers
3.4.2 Restraints
3.4.2.1 Declining prices of DCS solutions
3.4.2.2 Inability in differentiating DCS products from those offered by SCADA vendors
3.4.2.3 Lack of technical skills
3.4.3 Opportunities
3.4.3.1 Demand for retrofits and energy based sales
3.5 Value chain analysis
3.5.1 Raw material suppliers
3.5.2 Research and development and manufacturing process
3.5.3 Individual control devices
3.5.4 Product testing and finished product
3.5.5 System integrators
3.5.6 Solution Providers
3.5.7 End users
3.6 Porter’s five forces analysis
3.6.1 Bargaining power of suppliers - Low
3.6.2 Bargaining power of buyers - Moderate
3.6.3 Threat of substitutes - Moderate
3.6.4 Threat of new entrants - Low
3.6.5 Competitive rivalry - High
Chapter 4 Market Segmentation I: Distributed Control Systems Market by Type, 2019 – 2026
4.1 Introduction
4.2 DCS hardware market size and forecast
4.2.1 DCS controllers
4.2.2 DCS I/O modules
4.2.3 Workstations
4.2.4 Networking hardware
4.3 DCS Software market size and forecast
4.4 DCS Services market size and forecast
Chapter 5 Market Segmentation II: Distributed Control Systems Market by End User Application, 2019 – 2026
5.1 Oil and gas industry
5.1.1 Market trends
5.1.2 Market size and forecast
5.2 Chemical industry
5.2.1 Market trends
5.2.2 Market size and forecast
5.3 Power industry
5.3.1 Market trends
5.3.2 Market size and forecast
5.4 Metal and mining industry
5.4.1 Market trends
5.4.2 Market size and forecast
5.5 Pharmaceutical industry
5.5.1 Market trends
5.5.2 Market size and forecast
5.6 Water and wastewater treatment industry
5.6.1 Market trends
5.6.2 Market size and forecast
5.7 Pulp and paper industry
5.7.1 Market trends
5.7.2 Market size and forecast
5.8 Other process industries
5.8.1 Market trends
5.8.2 Market size and forecast
Chapter 6 Market Segmentation III: Regional Market Analysis, 2019 - 2026
6.1 North America distributed control systems market size and forecast
6.1.1 Market trends
6.1.2 Market size and forecast
6.2 Europe distributed control systems market size and forecast
6.2.1 Market trends
6.2.2 Market size and forecast
6.3 Asia Pacific distributed control systems market size and forecast
6.3.1 Market trends
6.3.2 Market size and forecast
6.4 Rest of the World distributed control systems market size and forecast
6.4.1 Market trends
6.4.2 Market size and forecast
Chapter 7 Competitive Landscape
7.1 Introduction
7.2 Market shares of key players
7.3 Business strategies adopted by major players
7.3.1 ABB Group
7.3.2 Siemens
Chapter 8 Key Competitors Analysis
8.1 ABB Ltd
8.1.1 Company overview
8.1.2 Financial performance
8.1.3 Business strategies
8.1.3.1 Contract for supplying electrical equipments for Nui Phao mine
8.1.3.2 Acquisition of Thomas and Betts Corporation
8.1.3.3 ABB acquires Baldor Electric Company
8.1.3.4 Contracts/agreements
8.1.4 Recent developments
8.2 Siemens AG
8.2.1 Company overview
8.2.2 Financial performance
8.2.3 Business strategies
8.2.3.1 Agreement for increasing production volumes
8.2.3.2 Acquisition of Cambridge Water Technology
8.2.3.3 Siemens signs corporate agreement with a Saudi Arabian Oil Company (Saudi Aramco)
8.2.3.4 Contract to supply wind turbines
8.2.4 Recent developments
8.3 Emerson Electric Co
8.3.1 Company overview
8.3.2 Financial performance
8.3.3 Business strategies
8.3.3.1 Emerson Electric acquires Turbine Control Service Associates Inc
8.3.3.2 Acquisition of Trident Powercraft Private Limited
8.3.4 Recent developments
8.4 Invensys Plc
8.4.1 Company overview
8.4.2 Financial performance
8.4.3 Business strategies
8.4.3.1 Invensys signs a contract with Shell
8.4.3.2 Contract with China Nuclear Power Engineering Co Ltd
8.5 Honeywell International Inc
8.5.1 Company overview
8.5.2 Financial performance
8.5.3 Business strategies
8.5.3.1 Acquisition of Thomas Russell Co
8.5.3.2 Honeywell acquires EMS Technologies
8.5.4 Recent developments
8.6 GE Electric
8.6.1 Company overview
8.6.2 Financial performance
8.6.3 Business strategies
8.6.3.1 Acquisition of Wellstream Plc
8.6.3.2 GE Energy completes acquisition of Converteam Group SAS
8.6.3.3 GE Oil and Gas renews an agreement with China Aviation Gas Turbines Ltd
8.6.4 Recent developments
8.7 Yokogawa Electric Corp
8.7.1 Company overview
8.7.2 Financial performance
8.7.3 Business strategies
8.7.3.1 Yokogawa enters into an agreement with Wako Pure Chemical Industries Ltd
8.7.4 Recent developments
8.8 Toshiba International Corp
8.8.1 Company overview
8.8.2 Financial performance
8.8.3 Business strategies
8.8.3.1 Toshiba secures retrofit project from Burns & McDonnell Engineering Company
8.8.3.2 Toshiba signs a contract with Tri-State Generation and Transmission Association Inc and Sunflower Electric Power Corporation
8.8.4 Recent developments
8.9 Bharat Heavy Electrical Ltd
8.9.1 Company overview
8.9.2 Financial performance
8.9.3 Business strategies
8.9.3.1 Joint ventures
8.9.4 Recent developments
8.10 Rockwell Automation Inc
8.10.1 Company overview
8.10.2 Financial performance
8.10.3 Business strategies
8.10.3.1 Merger and acquisition
8.10.4 Recent developments
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers