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Global distributed control system market: Latest market research analysed

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Analysis of the Global Distributed Control System Market - a new market research report on companiesandmarkets.com

 

PR-Inside.com: 2014-03-04 20:55:01
This research study covers the market scenario for distributive control system solutions commonly known as DCS solutions. The market´s future architecture (hardware, software, and services) will be used for data acquisition, control, database storage, communications, and network software. Market drivers, restraints, and forecasts for different geographical regions are included as are the CEO´s 360 degree prospective. This study provides insights for market intelligence for the time period 2009 to 2019. For the DCS market, we have taken into consideration the network control architecture found in highly-integrated industrial environments.Executive Summary- The distributed control system (DCS) market size for the base year (2012) is $x million and the market is expected to grow at a compounded annual growth rate (CAGR) of x percent over the next seven years (2012 to 2019).- The downstream market for oil and gas is also expected to increase given an increase in refineries and distributed plants as more gas exports are expected during the forecast period.- During the forecast period (2012 to 2019), the service segment will grow the fastest among all three segments (hardware, software, service) for DCS products. We will see prominent growth from the influence of maintenance and support services and moderate growth in implementation services.- During the forecast period, an upswing for small DCS solutions in the Asia-Pacific (APAC) region will occur because cost is a significant factor in end-user purchase behavior. This segment is expected to grow the fastest during the forecast period.

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