The global DCS market is projected to grow at a considerable CAGR of 5.8% during the forecast period. The market growth is attributed to the growing demand automated controls systems in various industries such as Oil & Gas, power generation, chemical, and others. The growing requirement on technical parameters, reliability, effectivity, safety and other characteristics of industrial control systems initiate distribution of its control components across the plant that further led the use of DCS in industrial applications. The rise of industrial robots witnessed a hefty expansion in developed countries and certainly seems to be inevitable being driven by a range of production demands, including continued adaptation to the proliferation of automation and the IoT across various industrial applications The rising demand for human-robot collaboration in the industrial sector for overall cost reduction is substantially providing the future growth opportunity to the market.
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The global market for DCS is classified into product type and end-user industry. Based on the Product Type the global DCS market is classified into hardware and software & services. The DCS includes various intelligent hardware devices such as microcomputers, workstations, robots, and others that coordinate activities and information exchange via a communication network. The software & services segment is estimated to have a significant share in the global DCS market. Based on the end-user industry the global DCS market is further segregated into chemical, oil & gas, power generation, metals and mining, paper & pulp, and others (pharmaceutical)
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Market Segmentation
Global DCS Market by Product Type
- Hardware
- Software and Services
Global DCS Market by End-User Industry
- Chemical
- Oil & Gas
- Power Generation
- Metals and Mining
- Paper & Pulp
- Others (Pharmaceutical)
Regional Analysis
- North America
- United States
- Canada
- Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
- Asia-Pacific
- China
- India
- Japan
- Rest of Asia-Pacific
- Rest of the World
Company Profiles
- ABB Ltd.
- Azbil Corp.
- Emerson Electric Co.
- General Electric Co.
- Giza Systems
- Hitachi, Ltd.
- Honeywell International Inc.
- HEXA Engineers
- INGETEAM, S.A.
- Korenix Technology
- Mitsubishi Electric Corp.
- NovaTech, LLC
- OMRON Corp.
- Rockwell Automation Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba Corp.
- Valmet Corp.
- Yokogawa Corporation of America
- Zhejiang Chitic Control Engineering Co., Ltd.
The Report Covers
- Market value data analysis of 2018 and forecast to 2025.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global DCS market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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