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Distributed Control System Market Revenue Share Detailed Analysis And Forecast 2021-2031 | Siemens AG, Honeywell International , Yokogawa Electric Corporation

12-27-2023 11:51 AM CET | Media & Telecommunications

Press release from: Global Insight Services

A distributed control system (DCS) is a computerized control system for a process or plant usually with many control loops, in which autonomous controllers are distributed throughout the system, but there is central operator supervisory control.

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A DCS typically has components such as a human-machine interface (HMI), distributed control system controller (DCC) or a programmable logic controller (PLC), and Fieldbus or other network to interconnect the controllers.

The DCC or PLC is the "brains" of the DCS and is typically a custom-designed industrial computer. The HMI is the interface between the operator and the DCS. The Fieldbus is used to connect the various controllers and input/output (I/O) modules. A DCS is often used in critical processes, such as nuclear power plants and chemical plants, where safety is a major concern. The DCS is designed to provide redundant control paths and fail-safe operations.

Key Trends

There is four key trends in Distributed Control System (DCS) technology:

The move towards open standards: Open standards are important because they allow different DCSs to interoperate with each other. This is important for two reasons. First, it allows different parts of a process to be controlled by different DCSs. Second, it allows for the easy integration of new DCSs into an existing system.

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The increasing use of Ethernet: Ethernet is being used increasingly in DCSs because it is a very fast and reliable network technology. It is also very easy to set up and maintain.
The use of fieldbus technologies: Fieldbus technologies are being used increasingly in DCSs because they allow for the easy connection of field devices to the DCS. Fieldbus technologies include Profibus, Foundation Fieldbus, and AS-i.
The increasing use of virtualization: Virtualization is being used increasingly in DCSs because it allows for the creation of virtual machines that can be used to run DCS software. Virtualization allows for the easy creation of test environments and the easy migration of DCSs to new hardware.

Key Drivers

There are several key drivers of the Distributed Control System (DCS) market. One of the most important drivers is the need for process automation in various industries. Process automation can help improve efficiency and productivity while reducing costs. Additionally, DCS systems can provide better process control and coordination, which can lead to improved product quality.

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Another key driver of the DCS market is the need for integration of various plant systems. As plants become more complex, the need for integration of various systems increases. DCS systems can provide this integration, which can lead to improved efficiency and productivity. Additionally, integration can help reduce the risk of errors and improve safety.

The increasing demand for energy efficiency is also a key driver of the DCS market. DCS systems can help improve energy efficiency by reducing the energy consumption of various plant processes. Additionally, DCS systems can help optimize the use of energy resources, which can lead to further reductions in energy consumption.

Finally, the increasing adoption of Industry 4.0 is also a key driver of the DCS market. Industry 4.0 refers to the use of advanced technologies, such as the Internet of Things (IoT), in manufacturing. DCS systems can help facilitate the adoption of Industry 4.0 by providing the necessary control and coordination. Additionally, DCS systems can help improve the visibility of manufacturing processes, which can lead to better decision making.

Restraints & Challenges

There are a few key restraints and challenges in the Distributed Control System market. One key restraint is the high cost of these systems. Another key challenge is the need for skilled personnel to operate and maintain these systems.

Key Market Segments

The distributed control system market bifurcated on the basis of component, end-user and region. On the basis of component it is segmented into hardware components, software interfaces, and services. By end-user, it is divided into oil & gas, power generation, chemicals, and others. Region-wise, it is studied across North America, Europe, Asia-Pacific, and rest of the World.

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Key Market Players

The distributed control system market report includes players such as Siemens AG, Honeywell International Inc, Yokogawa Electric Corporation, General Electric Company, Schneider Electric SE, Rockwell Automation, Inc, Metso Corporation, ABB, NovaTech Process Solutions LLC, and Emerson Electric Corp.

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Robust and transparent research methodology

About Global Insight Services:

Global Insight Services (GIS) is a leading multi-industry market research firm headquartered in Delaware, US. We are committed to providing our clients with highest quality data, analysis, and tools to meet all their market research needs. With GIS, you can be assured of the quality of the deliverables, robust & transparent research methodology, and superior service.

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