Boston, MA -- (SBWIRE) -- 12/01/2014 -- A DCS is an automated control system that, rather than being centralized, is distributed across an entire organization. DCSs are distributed in such a way that each component or sub-system of a manufacturing plant is controlled by one or more controllers, thereby providing instructions to different parts of the plant. Thus, instead of having a centrally located control system, each section of the plant has its own control operations. DCS solutions, hence, enable the effective and efficient control and management of the entire plant. Further, they facilitate a reduction in downtime errors and an increase in the productivity of the plant. DCS solutions are adopted by various industries such as Oil and Gas, Power, Pharmaceuticals, Pulp and Paper, Aerospace, Automotive, Shipbuilding, Machinery Manufacturing, Consumer Durables, and Food and Beverages.

TechNavio's analysts forecast the Global DCS market in the Power industry to grow at a CAGR of 2.98 percent over the period 2013-2018.

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Covered in this Report

The report covers the present scenario and the growth prospects of the Global DCS market in the Power industry for the period 2014-2018.

TechNavio's report, the Global DCS Market in the Power Industry 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the APAC and EMEA regions; it also covers the landscape of the Global DCS market in the Power industry and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Regions

- Americas
- APAC
- EMEA

Key Vendors

- ABB
- Emerson Electric
- Honeywell International
- Siemens

Other Prominent Vendors

- General Electric
- Metso
- Mitsubishi Heavy Industries
- Omron
- Rockwell Automation
- Toshiba International

Market Driver

- Increase in Outsourcing of Manufacturing Activities to APAC Region
- For a full, detailed list, view our report

Market Challenge

- Reluctance among End-users to Migrate to Latest Technology
- For a full, detailed list, view our report

Market Trend

- Economic Growth in Developing Countries
- For a full, detailed list, view our report

Key Questions Answered in this Report

- What will the market size be in 2018 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?

Companies Mentioned in this Report: ABB, Emerson Electric, Honeywell International, Siemens, General Electric, Metso, Mitsubishi Heavy Industries, Omron, Rockwell Automation, Toshiba International

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