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DCS Market in APAC to Grow at a CAGR of 4.36% over the Period 2015-2019

The Report DCS Market in APAC 2015-2019 provides information on pricing, market analysis, shares, forecast, and company profiles for key industry participants. - MarketResearchReports.biz

 

Albany, NY -- (SBWIRE) -- 07/07/2015 -- About DCS

DCS are decentralized automated control systems that are distributed across an organization. Their distribution is such that each component or sub-system of a manufacturing plant is controlled by one or more controllers, following which, instructions can be provided to different parts of the plant. Each section of the plant controls its own operations as there is no centralized control system. Decentralization enables DCS to provide effective and efficient control and management to the entire plant. DCS also facilitate reduction in downtime errors and increase the plant's productivity. Industries such as power, pharmaceutical, oil and gas, pulp and paper, F&B, chemical, automotive, and packaging are increasingly adopting DCS solutions to increase overall productivity.

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Technavio's analysts forecast the DCS market in APAC to grow at a CAGR of 4.36% over the period 2014-2019.

Covered in this Report

The DCS market in APAC can be divided into eight main segments based on end-users: power, pharmaceutical, oil and gas, pulp and paper, food and beverage, chemical, automotive, and packaging industries. The above end-user segments are the major consumers of DCS systems and their performance has a direct impact on market growth.

Technavio's report, DCS Market in APAC 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

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Key Vendors

ABB
Emerson Electric
Honeywell International
Siemens
Yokogawa Electric

Other Prominent Vendors

FMC Technologies
General Electric
Metso
Mitsubishi Heavy Industries
Rockwell Automation
Schneider Electric
Toshiba International

Market Driver

Increased Investment in Renewable Energy Sources
For a full, detailed list, view our report

Market Challenge

Slowdown of Chinese Economy
For a full, detailed list, view our report

Market Trend

High 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 2019 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?

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