Distributed Control System Market Will Hit Big Revenues In Future | Siemens, ABB, Schneider Electric
A distributed control system (DCS) is an industrial automation solution widely utilized in process industries. Its main function is to enable plant control through a network of supervisory and control elements distributed throughout the facility. DCS is commonly employed in industries like food & beverages, pharmaceuticals, and petrochemicals, where it efficiently manages manufacturing processes....
Distributed Control System Market to Witness a Pronounce Growth
The Distributed control system market is expected to grow from an estimated USD 17.5 billion in 2021 to USD 23.2 billion by 2026, at a CAGR of 5.8% during the forecast period. Booming power sector and augmented power generation capacities worldwide offer huge opportunity for Distributed control system market. There has been a steady increase in the global demand for power, due to which substantial...
Distributed Control System Market to Expand at a CAGR of 5.8% Over 2021-2026
Latest report, “Distributed Control System Market by Shipment Scale (large, medium, small), by Component (hardware, software, services), Application (continuous process, batch-oriented process), End-use Industry, and Region – Global Forecast to 2026”
The distributed control system market size will grow to USD 23.2 billion by 2026 (forecast year) from USD 17.5 billion in...
Distributed Control System Market Insights with Statistics and Growth Prediction 2017 to 2022
The global
distributed
control system market is expected to grow at a CAGR of 4.97%, from 2017 to
2022, to reach a market size of USD 20.33 billion by 2022. Expanding industrial
infrastructure in regions such as Asia Pacific, the Middle East, and Africa and
the booming power sector and augmented power generation capacities worldwide
are likely to drive the DCS market during the forecast period.
Market...