July 24, 2007 — /PRWEB/ — SAN JOSE, CA — Modern distributed control systems (DCS) are distinguished by their model-based, business-centric approach that focuses on shared computing and unified work processes. These systems can be easily incorporated into field-level programmable logic control (PLC) systems, manufacturing execution systems (MES), and enterprise resource planning (ERP) systems to form a single unified entity. The power sector is the largest end-use segment for DCS, accounting for a major portion of revenues. The market is all set to flourish in the pharmaceutical industry, fueled by the use of Process Analytical Technology (PAT) requiring automation systems for food processing and drug formulations. Increasing usage of DCS leads to improved process quality that significantly reduces life cycle costs and downtime costs. Previously, most DCS sales comprised new installations in heavy process industries such as petrochemicals, pulp and paper, refineries, and power. However, due to decreasing capital spending in some parts of the world and focus on utilizing existing systems to the maximum capability, end users are opting for replacement applications. Currently, replacement products account for the highest sales in the DCS market.
The United States represents the largest distributed control systems market worldwide, worth an estimated US$3.4 billion in 2007, as stated in a recent report published by Global Industry Analysts, Inc. Europe and Asia are the second and third largest markets, respectively. Collectively, Europe, Asia, and the U.S. account for nearly 75 percent of the global share. The global and regional markets are expected to grow at CAGRs ranging between 2 percent and 7 percent through 2010. Asia is set to emerge as the fastest growing regional market, with growth stemming from new capital projects, plant capacity expansions, infrastructure development, and growing technological importance. In terms of end-use industries, distributed control systems in the power sector are projected to grow at a CAGR of 3.3 percent through 2010. The market for DCS in the oil and gas industry is expected to reach US$2.3 billion by 2010.
The global marketplace is concentrated and dominated by large multinational companies. Market participants include ABB Ltd, Bharat Heavy Electricals Ltd, CAE, Control Systems International, Emerson Process Management, Encorp, GE Energy, GE Fanuc Automation Europe S.A., Gensym Corp, Honeywell Process Solutions, Invensys Plc, Lighting Control & Design, Metso Corp, Mitsubishi Heavy Industries, Omron Corp, Rockwell Automation, Schneider Electric SA, Siemens Energy & Automation, Toshiba International Corp, Yamatake Corp, Yokogawa Electric Corp, and others.
“Distributed Control Systems: A Global Strategic Business Report”, published by Global Industry Analysts, Inc. provides a comprehensive review of market trends and issues, factors driving market growth, industry challenges, product profile, players, competitive landscape, end-use overview, latest product introductions, recent developments, mergers, acquisitions, alliances, and other strategic industry activities. Analysis is presented for major geographic markets such as the United States, Canada, Japan, Europe, Asia, the Middle East, and rest of the world. Value analytics are provided in terms of end-use segments including pulp and paper, pharmaceutical, power, oil and gas, chemical, and Others.
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