New report on Distributed Control System (DCS) is a computerized control mechanism where all the controllers are connected through a network for communication and management. The key driver for the market growth is that it allows increased operational efficiency by providing computerized automated control. Another driving factor is that the decentralized system reduces the possibility of a complete breakdown in operations as every sub-system is controlled by multiple controllers. However, the migration of organizations from the conventional and manual control system to DCS is a restraint for the market as it involves several complexities. Additionally, companies are not keen to move from the existing control mechanism due to lack of technical expertise and limited awareness about the benefits of the system. The key opportunity for the market is to tap into the rising demand for energy saving measures and retrofits.
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Distributed Control System (DCS) is a decentralized control methodology that is used by various industry verticals to manage their operations. The control system is distributed throughout the operational network of an organization where each sub-system is managed by more than one controller. The goal of this report is to analyze the current and future trends of theDistributed Control System (DCS) market as it is expected that more organizations would opt for the system. The study covers an in-depth analysis of the market potential of all the key industry applications. The report analyzes opportunities in the developed as well as emerging economies so that companies can make strategies as per their targeted regions. The various industry applications covered in the report are chemicals industry, oil and gas industry, water and waste water treatment industry, power industry, pharmaceutical industry, metal and mining industry, pulp and paper industry and other process industries. The chemical industry was one of the earliest to implement the DCS in its operations as it allowed smooth automation of the operations in its various processes. Therefore, the chemical industry has the lion’s share in the market.
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