The report contains overview including growth factors, market demand, current trends, and forecast research by global studies.
Pune, India -- (SBWIRE) -- 02/05/2019 -- Global Distributed Control Systems Market report helps to the perceive market place and internal & external factors that might impact the business. Distributed Control Systems Market report examines the prevailing trend and future potential of the market at world, regional (Americas, Asia-Pacific, and, Europe, geographical area and Africa (EMEA) and key countries (the U.S., Canada, Mexico, China, India, Japan, the UK, Germany, France, Italy, South Africa) level.
The Global Distributed Control Systems Market is forecasted to register a significant CAGR of 3.86% over the forecast period.
DCS allows for controllers to be distributed throughout an entire plant area by directly connecting sensors and actuates to I/O modules through a communication bus. The deployment of DCS has witnessed a sustained increase in high-risk applications, such as chemical and nuclear reactor facilities, where it is important for process managers to retain elevated levels of control over the entire plant.
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Major players operating in the global Distributed Control Systems market include - ABB GROUP, HONEYWELL INTERNATIONAL INC., SIEMENS AG, SCHNEIDER ELECTRIC, MITSUBISHI ELECTRIC, ROCKWELL AUTOMATION, EMERSON ELECTRIC COMPANY, METSO, OMRON CORPORATION, NOVATECH LLC, AZBIL CORPORATION, TOSHIBA, AND YOKOGAWA ELECTRIC COMPANY, amongst others.
The companies are also trying to control the market by investing in research and development. New product launches and focuses on continuous technology innovations are some strategies adopted by the major players. Acquisitions and effective mergers is one of the best domination strategies currently being used.
Key Developments in the Market
November 2017 - Yokogawa introduced an AR-based SensPlus Buddy Communication Support Service, which is an easy-to-introduce-and-use solution that improves facility maintenance. With this solution, personnel in the field will have access to support information from their mobile devices.
October 2017 - OMRON Corporation acquired Microscan Systems Inc. OMRON plans to strive to develop new code reading devices and comprehensive solutions by combining Microscan Systems Inc.'s software technology, which delivers stable reading performance even in demanding conditions, with OMRON's extensive lines of control components and equipment.
October 2017 - Yokogawa released CENTUM VP R6.05 Integrated Production Control System, an enhanced version of its flagship-integrated production control system. The CENTUM VP control system provides optimum operation, monitoring, and engineering environment for every phase of the plant lifecycle, from engineering, installation, and start-up to maintenance, renovation, upgrade, and end-of-service.
July 2017 - Weir Group expanded its oil & gas unit in Asia-Pacific with KOP acquisition. Weir Oil & Gas agreed to acquire KOP Surface Products, a provider of advanced pressure control wellhead technologies, systems, and services. KOP has a long history and is currently leading the market in Southeast Asia, with an emerging business in the Middle East.
Reasons to Purchase this Report:
Current and future of Distributed Control Systems Market outlook in the developed and emerging markets
Analysis of the global Distributed Control Systems Market, with region-specific assessments and competition analysis on global and regional scales.
Analysis of various perspectives of the market with the help of Porter's five forces analysis
The segment that is expected to dominate the market
Regions that are expected to witness the fastest growth during the forecast period
Identify the latest developments, market shares, and strategies employed by the major market players
Browse Detailed TOC, Tables, Figures, Charts and Companies Mentioned in Distributed Control Systems Market at: https://www.absolutereports.com/13100371
There are some important chapters covered in Distributed Control Systems Market Report:
Chapter 1: Introduction
1.1 Market Definition
Chapter 2: Research Methodology
Chapter 3: Executive Summary
Chapter 4: Key Inferences
Chapter 5: Market Overview
5.1 Current Market Scenario
5.2 Porter's Five Forces Analysis
5.2.1 Bargaining Power of Suppliers
5.2.2 Bargaining Power of Consumers
5.2.3 Threat of New Entrants
5.2.4 Threat of Substitute Product and Services
5.2.5 Competitive Rivalry within the Industry
Chapter 6: Market Dynamics
Customization of the Report
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Chapter 7: Market Segmentation
7.1 By Technology
7.2 By Application
7.3 By Geography
Chapter 8: Competitive Landscape
8.1 Mergers & Acquisition Analysis
8.2 Agreements, Collaborations, and Partnerships
8.3 New Products Launches
Chapter 9: Key Players
Chapter 10: Future Market Outlook
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