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Global Distributed Control Systems (DCS) Market Worth USD $24,609 Million by 2022 - Analysis, Technologies & Forecasts Report 2014-2022 - Vendors: Siemens, ABB, Emerson - Research and MarketsResearch and Markets has announced the addition of the "Distributed Control Systems (DCS) Market by Component Type (Hardware, Software and Services), Industry Verticals (Chemical, Oil & Gas, Pharmaceutical, Food & Beverage & Power Generation) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022" report to their offering. A new report published by Allied Market Research titled, Distributed Control Systems (DCS) Market - Global Opportunity Analysis and Industry Forecast, 2014 - 2022, projects that the market is expected to reach revenue of $24,609 million by 2022, growing at a CAGR of 5.2% from 2016 to 2022. Factors such as increase in demand in power and energy sectors, emergence of open source DCS solutions, and cost & time effectiveness drive the global market. Asia-Pacific is expected be the largest market for DCS during the forecast period. Software interfaces constitute the highest market shar among other component types due to increased use of DCS in cloud computing technology. Nonetheless, DCS service is estimated to grow at the fastest rate owing to the growth in skid-mounted DCS technology. The oil & gas industry is projected to dominate the market, pertaining to the increase in demand for oil, gas, petrochemical, and refined products paired with deregulation of energy markets. However, the food & beverage industry is expected to depict fastest growth, owing to the introduction of vision inspection systems used for bottling and packaging application for increased efficiency. Companies Mentioned:
Report Structure: CHAPTER 1 INTRODUCTION CHAPTER 2 EXECUTIVE SUMMARY CHAPTER 3 MARKET OVERVIEW CHAPTER 4 WORLD DISTRIBUTED CONTROL SYSTEMS MARKET, BY COMPONENT TYPE CHAPTER 5 WORLD DISTRIBUTED CONTROL SYSTEMS MARKET, BY INDUSTRY VERTICAL CHAPTER 6 WORLD DISTRIBUTED CONTROL SYSTEMS MARKET, BY GEOGRAPHY CHAPTER 7 COMPANY PROFILE For more information about this report visit http://www.researchandmarkets.com/research/vxb83h/distributed View source version on businesswire.com: http://www.businesswire.com/news/home/20161028005804/en/ |
