Distributed Control System Market Growth Drivers and Forecast by 2030

The distributed control system market size is projected to reach US$ 26.36 billion by 2030 from US$ 17.30 billion in 2022. The market is expected to register a CAGR of 5.4% during 2022–2030. The integration of new technologies such as IoT, AI, cloud, and others is likely to remain a key trend in the market.

Distributed Control System Market Analysis

Rising adoption of industrial automation solutions among industries and the growing power & energy sector are driving the market. The market is anticipated to grow during the forecast period due to the construction of new manufacturing facilities. Moreover, partnerships and collaboration among market players for product development and architectural development in DCS are creating lucrative opportunities for the market.

Distributed Control System Market Overview

A distributed control system, or DCS, is a computerized system consisting of sensors, controllers, and associated computers that are distributed throughout a plant. Each of these pieces serves a specific function, such as data acquisition, process control, data storage, and graphical display. These various pieces communicate with a central computer via the plant's local area network (LAN), also known as a control network.

The DCS automates industrial equipment used in continuous and batch processes while reducing human and environmental risks. The systems are used in a variety of industries, including mining extraction, chemical manufacturing plants, transportation and processing, electric power production, water and wastewater treatment, and pharmaceutical processing facilities.

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Distributed Control System Market Drivers and Opportunities

Rising Adoption of Industrial Automation Solutions Among Industries to Favor the Market

Industrial automation is widely defined as the use of hardware and components to automate systems in industrial or manufacturing environments. Companies are launching a variety of programs to encourage the adoption of industrial automation. For instance, in September 2023, Rockwell Automation collaborated with BIC to drive digital transformation and efficiency using the Plex manufacturing execution system (MES). Such initiatives by corporations will drive the growth of the distributed control system market. In addition, the oil and gas, petrochemical, and pharmaceutical industries are expanding rapidly. Technological advancements in these industrial verticals are also high due to the existence of technologically advanced companies, combined with increased government spending in R&D operations.

Partnership and Collaboration Among Market Players for Product Development

Many sectors around the world have expanded dramatically. There is an increasing number of automation firms that specialize in operating ICT sectors around the world. For example, in October 2023, Vention, the Quebec-based business that developed the only fully integrated manufacturing automation platform (MAP), announced a $15 million investment from the Fonds de solidarité FTQ. Vention's robust growth continues with the assistance of its partners as it pursues its objective to democratize industrial automation, enhancing manufacturing enterprises' productivity and competitiveness. In addition, companies' discoveries and improvements have increased the usage of advanced technology. For instance, in August 2023, ANYbotics increased its footprint in Canada by selecting MicroWatt Controls as a reseller partner. MicroWatt Controls, based in Calgary, has extended its inspection robot deployment in the country's oil and gas, chemical, energy, and mining sectors. The ongoing development of process industries is expected to generate demand for distributed control systems in the Canadian market.

Distributed Control System Market Report Segmentation Analysis

Key segments that contributed to the derivation of the distributed control system market analysis are component and industry.

• Based on components, the distributed control system market is divided into hardware, software, and services. The software segment held a larger market share in 2022.
• based on industry, the market is divided into oil & gas, power generation, chemicals, food & beverages, pharmaceuticals, and others. The oil & gas segment held a larger market share in 2022.

Distributed Control System Market Share Analysis by Geography

The geographic scope of the distributed control system market report is mainly divided into five regions: North America, Asia Pacific, Europe, Middle East & Africa, and South & Central America.

The market in Europe is projected to expand during the forecast period due to the expanding automotive industry. Italian government supports the automotive industry heavily. For instance, in December 2023, according to the trade union, the Italian government had ~US$ 6.5 billion available to support its automotive industry. In addition, in July 2023, Fiat parent Stellantis and the Italian government agreed to aim to increase annual automotive production in Italy to one million units, reversing a downward trend seen in recent years. The growth in these industries positively impacted the industrial control systems. Thus, the demand for DCS is growing among the automotive sectors.

Distributed Control System Market Regional Insights

The regional trends and factors influencing the Distributed Control System Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Distributed Control System Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Distributed Control System Market Report Scope

Distributed Control System Market Players Density: Understanding Its Impact on Business Dynamics

The Distributed Control System Market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Distributed Control System Market are:

1. Honeywell International Inc
2. General Electric Co
3. ABB Ltd
4. Yokogawa Electric Corp
5. Toshiba Corp
6. Siemens AG

Disclaimer: The companies listed above are not ranked in any particular order.

Distributed Control System Market News and Recent Developments

The distributed control system market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the distributed control system market are listed below:

• ABB unveiled the latest version of the ABB Ability Symphony Plus distributed control system DCS to assist digital transformation in the power generation and water industries. The most recent version of Symphony Plus will enhance clients' digital journeys by providing streamlined and secure OPC UA1 connectivity to the Edge and Cloud without interfering with key control and automation capabilities. (Source: ABB Ltd, Company Website, February 2023)

Distributed Control System Market Report Coverage and Deliverables

The “Distributed Control System Market Size and Forecast (2020–2030)” report provides a detailed analysis of the market covering below areas:

• Distributed control system market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
• Distributed control system market trends as well as market dynamics such as drivers, restraints, and key opportunities
• Detailed PEST/Porter’s Five Forces and SWOT analysis
• Distributed control system market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
• Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the distributed control system market
• Detailed company profiles