The COVID-19 pandemic has significantly affected the global automation industry. Its slow recovery drives growth opportunities for companies and end users willing to capitalize on technology to overcome weaknesses in the industrial value chain. The global distributed control systems (DCS) market witnessed a revenue decline in 2020, mainly because of canceled projects. However, project orders for DCS rebounded in 2021 and are expected to impact revenues positively in 2022 and 2023.
This study analyzes the latest trends spurring transformational changes in the global DCS market and highlights growth drivers, restraints, and innovative growth opportunities on which industry stakeholders can capitalize. The detailed research includes examining different DCS end user across regions, the competitive market landscape, and recent initiatives of leading global DCS providers.
RESEARCH HIGHLIGHTS
- Market size of the current global DCS industry and forecast for 2022 to 2026.
- Market forecast and analysis of the DCS market by end user: Oil and gas, electric power, chemical and petrochemical, refining, water and wastewater treatment, metals and mining, pharmaceutical, food and beverages, cement and glass, paper and pulp, and others including textile, rubber and plastic, and automotive.
- Market forecast and analysis of the DCS market by region: North America; Latin America; Europe, the Middle East, and Africa; and Asia-Pacific.
- Pandemic impact analysis on DCS sales and forecast recovery by end user and region.
- Sustainability impact analysis of the DCS market.
- Market share of the top 6 global leading providers: ABB, Honeywell, Siemens, Emerson, Yokogawa, and Schneider Electric.
Table of Contents
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ABB
- Honeywell
- Siemens
- Emerson
- Yokogawa
- Schneider Electric
