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Distributed Control Systems Market by Component Type, Industry Verticals - Global Opportunity Analysis and Industry Forecast, 2014 - 2022LONDON, Nov. 30, 2016 /PRNewswire/ -- The emerging process industries are merely operated by advanced automation technologies such as distributed control systems (DCS). These systems are used as an extension of traditional controllers across the diversified range of industries. The main concept of DCS application is derived by the idea of decentralizing the control unit and establishing a common network between the engineering stations. In addition, integrating DCS with process plants enables it to control, report, and monitor the components individually, while providing flexibility and simplicity to the plant operations. DCS uses a set of configuration tools to manage the database, graphics, control logic, and system security. Moreover, it supports modification, upgrade, and integration to the existing architecture of any industry. The market comprises key manufacturers such as Siemens AG, ABB Ltd., Honeywell International, Inc., Yokogawa Electric Corporation, General Electric Company, Rockwell Automation, Inc., Emerson Electric Co., Metso Corporation, Schneider Electric SA, and Novatech Process Solutions LLC. POTENTIAL BENEFITS FOR STAKEHOLDERS: This study comprises analytical depiction of the world DCS market, with current trends and future estimations to depict the imminent investment pockets. The overall market potential is determined to understand the profitable trends for gaining a stronger coverage in the market. The report presents information regarding key drivers, restraints, and opportunities with a detailed impact analysis. The current market is quantitatively analyzed from 2014 to 2022, which is provided to highlight the financial competency of the market. Porter's five forces analysis illustrates the potency of the buyers and suppliers. Value chain analysis provides a clear understanding of the roles of stakeholders involved. MARKET SEGMENTATION The market is segmented on the basis of component type, industry vertical, and geography. BY COMPONENT TYPE Hardware Software Services BY INDUSTRY VERTICAL Chemical Oil & Gas Pharmaceutical Food & Beverage Power Generation Others (Automation, Metal & Mining, Paper & Pulp) BY GEOGRAPHY North America U.S. Canada Mexico Europe UK Germany France Russia Rest of Europe Asia-Pacific China Japan India Australia Rest of Asia-Pacific LAMEA Latin America Middle East Africa Download the full report: https://www.reportbuyer.com/product/4230424/ To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/distributed-control-systems-market-by-component-type-industry-verticals---global-opportunity-analysis-and-industry-forecast-2014---2022-300370914.html SOURCE ReportBuyer |