DUBLIN, Jan. 27, 2016 /PRNewswire/ --
Research and Markets (http://www.researchandmarkets.com/research/lk7cbx/distributed) has announced the addition of the "Distributed Control System Market by Industry, by Component, by Application, and by Region - Global Forecast to 2020" report to their offering.
The Distributed Control System (DCS) market is expected to reach USD 19.82 billion by 2020, at a CAGR of 4.91% from 2015 to 2020.
Increasing focus towards power generation from nuclear and renewable energy has been boosting the demand for DCS solutions. End-use industries are implementing DCS to streamline their plant operations and achieve operational excellence.
Continuous process segment is the largest market, by application
Highly attractive outlook for nuclear and renewable sectors in the power generation industry, downstream activities in the oil & gas industry, increasing production of chemicals, and high demand for the desalination industry are the major factors driving the market segment of continuous process industry.
The Middle East has been increasingly focusing on expanding its manufacturing capabilities. The primary reason for this is to change the region's role as a raw material supplier to finished goods provider, within the manufacturing industry. The industrial scenario in emerging markets such as the Middle East & Africa's power and chemical industry is also consistently improving. This growth in the region indicates positive growth prospects for the DCS market.
Asia-Pacific is expected to have the largest market share and the highest growth rate during the forecast period. This region is involved in the deployment of DCS solutions, and is one of the key markets for DCS manufacturers and suppliers. DCS solutions can be implemented in an entire plant in order to control and monitor all the processes occurring in the plant.
List of companies profiled in the report include:
- Siemens AG
- Honeywell International Inc.
- Yokogawa Electric Corporation
- Emerson Electric Co.
- Schneider Electric SE
- Rockwell Automation
- General Electric Company
- Metso Corporation
- Azbil Corporation
- NovaTech Process Solutions LLC
- Toshiba International Corporation Pty Ltd.
Key Topics Covered:
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Distributed Control System Market, By End-Use Industry
7 Distributed Control System Market, By Component
8 Distributed Control System Market, By Application
9 Distributed Control System Market, By Region
10 Competitive Landscape
11 Company Profiles
For more information visit http://www.researchandmarkets.com/research/lk7cbx/distributed
Laura Wood, +353-1-481-1716, email@example.com
SOURCE Research and Markets