Distributed Control Systems Market Confident That
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Wilmington, Delaware, United States, March 25, 2017 (GLOBE NEWSWIRE) -- The report “ Distributed Control Systems (DCS) Market by Component Type (Hardware, Software and Services), Industry Verticals (Chemical, Oil & Gas, Pharmaceutical, Food & Berverage & Power Generation) - Global Opportunity Analysis and Industry Forecast, 2014 - 2022 ”, available on MarketIntelReports, estimates that the Asia-Pacific region will be a key future growth driver.
Browse numerous Market Tables as well as Figures which are spread through 104 Pages and an in-depth TOC on the “ Distributed Control Systems Market 2014 - 2022 ” http://www.marketintelreports.com/report/co%2...2014--2022
Scope & Regional Forecast of the Distributed Control Systems Market
The emerging process industries are merely operated by advanced automation technologies such as distributed control systems (DCS). These systems are used as an extension of traditional controllers across the diversified range of industries. The main concept of DCS application is derived by the idea of decentralizing the control unit and establishing a common network between the engineering stations. In addition, integrating DCS with process plants enables it to control, report, and monitor the components individually, while providing flexibility and simplicity to the plant operations. DCS uses a set of configuration tools to manage the database, graphics, control logic, and system security. Moreover, it supports modification, upgrade, and integration to the existing architecture of any industry.
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A DCS platform is configured with the application that neglects the complete plant breakdown, improves process quality, creates high reserves, and reduces time and cost of the operations. It also has the ability to integrate system security models with advanced alarm capabilities, cybersecurity, multiple simulation solutions, and system-wide diagnostics.
The DCS market is driven by factors such as spontaneous response, reduced disruptions to production, and increased efficiency across the process industries; however, slowdown of mining industry is expected to restrict the market growth to some extent.
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Prominent Segmentations Involved in the Distributed Control Systems Market
The Distributed Control Systems Market can be broken down into various segmentations on the basis of -
- Component Type : Hardware Components, Software Interfaces and Service.
- Industry Vertical : Chemicals, Oil & Gas, Food & Beverage, Pharmaceutical, Power Generation and Others (Automation, Metal & Mining, Paper & Pulp).
- Geographical Location : North America, Europe, Asia-Pacific and LAMEA.
Some of the sample companies profiled in the Distributed Control Systems Market report are as follows :
- Siemens AG
- ABB Ltd.
- Honeywell International Inc.
- Yokogawa Electric Corporation
- General Electric Company
- Schneider Electric SE
- Rockwell Automation, Inc.
- Metso Corporation
Why buy this report?
- Get a detailed picture of the Distributed Control Systems Market.
- Pinpoint growth sectors and identify factors driving change.
- Understand the competitive environment, the market’s major players and leading brands.
- A five-year forecast method is used in order to assess how the market is predicted to develop.
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