Industrial Automation Magazine India

Global Distributed Control System market expected to reach USD 25.75 bn by 2026

Published on : Tuesday 03-08-2021

dollar17.4 bn Distributed Control System Global Market to 2026 – Featuring Emerson Electric, Hitachi and Honeywell International among others.

Dublin, August 2021 – The ‘Distributed Control System Market Research Report by Component, by End User, by Region – Global Forecast to 2026 – Cumulative Impact of Covid-19’ report has been added to ResearchAndMarkets.com's offering.

The market size was estimated at USD 17.40 bn in 2020 and expected to reach USD 18.52 bn in 2021, at a CAGR of 6.74% to reach USD 25.75 bn by 2026.

The report provides market sizing and forecast across five major currencies – USD, EUR GBP, JPY, and AUD. It helps organisation leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2026 are considered the forecast period.

This research report categorises the Distributed Control System to forecast the revenues and analyse the trends in each of the following sub-markets:

·         Based on Component, the Distributed Control System Market was examined across Hardware and Software. The Hardware was further studied across Control Servers, Industrial Automation & Control Systems, Intelligent Electronic Devices, Programmable Automation Controllers, Programmable Logic Controllers, Remote Terminal Units, and Sensors.

·         Based on Application, the Distributed Control System Market was examined across Batch-Oriented Process and Continuous Process.

·         Based on End User, the Distributed Control System Market was examined across Agriculture, Automotive & Transportation, Automotive & Transportation, Chemicals & Advanced Material, Energy & Utilities, Food & Beverage, Oil & Gas, Pharmaceutical & Biotechnology Companies, and Sewage & Waste Water Treatment Plants.

·         Based on Geography, the Distributed Control System Market was examined across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas was further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific was further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, and Thailand. The Europe, Middle East & Africa was further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favourable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Distributed Control System Market, including ANDRITZ AG, Azbil Corporation, Bharat Heavy Electrical Ltd., CHINT Group, Emerson Electric Co., General Electric Company, Hitachi, Ltd., Honeywell International Inc, INGETEAM, S.A., NovaTech Process Solutions LLC, Pepperl+Fuchs SE, Rockwell Automation, Inc., SAE International, Schneider Electric SE, Siemens AG, Toshiba International Corporation Pty Ltd, Valmet Corporation, Yokogawa Electric Corporation, and Zhejiang Chitic Control Engineering Co., Ltd.