The distributed control system market size was valued at US$ 17.30 billion in 2022 and is expected to reach US$ 26.36 billion by 2030; it is estimated to record a CAGR of 5.4% from 2022 to 2030.
Analyst Perspective:
The report includes growth prospects owing to the current distributed control system market trends and their foreseeable impact during the forecast period. The market is being driven by the growing industrial automation. As the rising penetration of advanced technologies, such as machine learning (ML), the Internet of Things (IoT), and artificial intelligence (Al), has helped accelerate the growth of industrial automation, the demand for DCS is expected to increase during the forecast period. In addition, an increase in the demand for power and energy is also driving the distributed control system market.
The demand for cooling and heating applications in both industrial and residential sectors is driving the electricity demand worldwide, which, in turn, fuels the requirement for the installation of distributed control systems. Also, the increasing demand for the oil & gas industry is another factor boosting the growth of the distributed control system market. Furthermore, the market has massive opportunities in the construction of new manufacturing facilities and growing architectural development in DCS. The integration of new technologies is likely to fuel the distributed control system market growth in the future.
Distributed Control System Market Overview:
Distributed control systems (DCS) consist of controllers, sensors, and associated computers that are distributed across a range of applications in industrial processes. All elements, such as process control, graphical display, data acquisition, and data storage, are intended to work for an objective. DCS is designed with diagnostic and redundancy capabilities to enhance control, reliability, and overall performance. DCS is majorly installed at large manufacturing plants in the petrochemical industry and other large process control industries to direct all complex production processes. In a dynamic era of technological revolution, control over complicated processes is required to ensure decent performance, and therefore, industrial automation systems deal with advanced automation control technologies. DCS is the primary solution developed for process automation. Also, the design of DCS is equipped with a desired secured system, which is efficient in managing system functions to have better control over factory automation. DCS brings automation to the manufacturing process by combining advanced control strategies and arranging all things in the form of a system. Also, it is responsible for organizing a complete control structure as a single automation system that has different subsystems integrated through a proper information flow and command structure. DCS has varied applications in industrial fields, including power generation, oil & gas, pharmaceuticals, food & beverages, and chemicals.
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Distributed Control System Market: Strategic Insights
Market Size Value in US$ 17.30 billion in 2022 Market Size Value by US$ 26.36 billion by 2030 Growth rate CAGR of 5.4% from 2022 to 2030 Forecast Period 2022-2030 Base Year 2022
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Distributed Control System Market: Strategic Insights
| Market Size Value in | US$ 17.30 billion in 2022 |
| Market Size Value by | US$ 26.36 billion by 2030 |
| Growth rate | CAGR of 5.4% from 2022 to 2030 |
| Forecast Period | 2022-2030 |
| Base Year | 2022 |
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Distributed Control System Market Driver:
Growing Industrial Automation Worldwide Drives Distributed Control System Market Growth
The 21st century is characterized by extreme competition in all industrial sectors. The manufacturers of various products face intense competition with their competitors on account of quality, service, costs, and time-to-market. Also, manufacturers have faced huge challenges concerning maintaining a perfect balance between the demand and supply of the product. With the increasing functionality of equipment such as industrial robots, it is projected that non-automotive industries will accelerate the adoption of industrial automation. This growth is attributed to the modernization and transformation required in the distributed control system market.
The rising penetration of advanced technologies, such as machine learning (ML), the Internet of Things (IoT), and artificial intelligence (Al), has helped accelerate the growth of industrial automation. Furthermore, the increase in product development and strategic initiatives from key industrial control systems companies is boosting the demand for industrial automation. For instance, in October 2023, Rockwell Automation, Inc. and Microsoft Corp. announced an extension of their longstanding relationship to accelerate industrial automation design and development through generative artificial intelligence (AI). Similarly, in December 2023, Rockwell Automation, Inc. announced that it strengthened its collaboration with Michelin, the French multinational tire manufacturing company, focusing on digital innovation across Michelin's manufacturing processes. Further, the growing industrial automation, the Internet of Things (IoT), and the 5G technology are a few factors contributing to market growth. Moreover, the penetration of connected enterprises and the need for mass manufacturing of products due to the growing demand for real-time data analysis across the globe and the rising integration of advanced technologies across end-use industries to improve performance are promoting automation trends in manufacturing. In March 2023, Samsung announced that it would invest in setting up smart manufacturing capabilities at its mobile phone plant in Noida, India, to make production more competitive.
The distributed control system enables remote monitoring of activities and ensures efficiency enhancement, thereby inducing growth and productivity in the manufacturing sector. The increasing adoption of automation in the manufacturing industry propels the demand for DCS integration, driving the distributed control system market.
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Report Segmentation and Scope:
The distributed control system market is segmented based on component and industry. Based on components, the market is segmented into hardware, software, and services. Based on industry, the market is segmented into power generation, oil & gas, pharmaceutical, food & beverages, chemicals, and others.
The geographic scope of the distributed control system market report focuses on North America (the US, Canada, and Mexico), Europe (Spain, the UK, Germany, France, Italy, and the Rest of Europe), Asia Pacific (South Korea, China, India, Japan, Australia, and the Rest of Asia Pacific), Middle East & Africa (South Africa, Saudi Arabia, the UAE, and the Rest of Middle East & Africa), and South & Central America (Brazil, Argentina, and the Rest of South & Central America).
Distributed Control System Market Segmental Analysis:
Based on components, the market is segmented into hardware, software, and services. The software segment held the largest distributed control system market share in 2022. The services segment is anticipated to record the highest CAGR in the market during the forecast period. DCS software consists of embedded controller software and other software bundles sold with the system. DCS software includes human-machine interface (HMI), control, system management, product information management (PIM), and engineering and configuration software. Control software is embedded in controllers and performs basic control functions. Programming software helps configure and program various functions of the control system. DCS also consists of optional supervisory software for production management and advanced control functions. The DCS software component offers various advantages, such as easy computation and analysis, greater flexibility, and better control over the plant. The growing IT spending of the companies to improve the workflow and increase efficiency is the major factor influencing the demand for DCS software.
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Distributed Control System Market Analysis: Regional
Asia Pacific (APAC) held the largest distributed control system market share in 2022. APAC is a technologically advancing region with tech-savvy countries, including China, India, Japan, South Korea, and Australia. These countries showcase an astonishing demand for advanced technologies. Owing to the constant growth in their economies, their governments and private organizations are investing significantly higher amounts in developing and procuring advanced systems. Energy & power, automotive, and pharmaceutical industries and food & beverages and chemicals & petrochemicals sectors are among the fastest-growing industries in the region. The growing production in these sectors is leading to an increased demand for DCS, which is the key catalyzer for the distributed control system market.
Moreover, the demand for DCS is anticipated to rise during the forecast period owing to the fact that the countries are attracting significant amounts of Greenfield Investments. This enables various government-funded companies, private companies, and public-private collaborated companies to opt for advanced technologies. Further, countries in Southeast Asia are experiencing growth in the oil & gas industry as well as the power generation sector, which is playing a crucial role in the growth of the APAC distributed control system market.
Distributed Control System Market Key Player Analysis:
ABB Ltd, Emerson Electric Co, General Electric Co, Honeywell International Inc, NovaTech LLC, Rockwell Automation Inc, Schneider Electric SE, Siemens AG, Toshiba Corp, and Yokogawa Electric Corp are the key players profiled in the distributed control system market report.
Distributed Control System Market Recent Developments (As per the Company Press Release):
The distributed control system market forecast is estimated on the basis of various secondary and primary research findings such as key company publications, association data, and databases. Market players highly adopt inorganic and organic strategies.
- In February 2023, ABB announced the launch of the ABB Ability Symphony Plus distributed control system (DCS), which will further support digital transformation for power generation and water industries. With more than 40 years of experience in total plant automation, the latest version of Symphony Plus will further support customers' digital journey through a simplified and secure OPC UA1 connection to the Edge and Cloud without interfering with core control and automation functionalities.
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Component and Industry
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global distributed control system market was estimated to be US$ 17.30 billion in 2022 and is expected to grow at a CAGR of 5.4% during the forecast period 2023 - 2030.
The growing industrial automation worldwide and growing power and energy sector are the major factors that propel the distributed control system market.
Integration of new technologies is anticipated to play a significant role in the global distributed control system market in the coming years.
The global distributed control system market is expected to reach US$ 26.36 billion by 2030.
The incremental growth expected to be recorded for the global distributed control system market during the forecast period is US$ 9.06 million.
The key players holding majority shares in the global distributed control system market are ABB Ltd, Emerson Electric Co, Honeywell International Inc, Rockwell Automation Inc, and Siemens AG.
The List of Companies- Distributed Control System Market
- Honeywell International Inc
- General Electric Co
- ABB Ltd
- Yokogawa Electric Corp
- Toshiba Corp
- Siemens AG
- Emerson Electric Co
- NovaTech LLC
- Schneider Electric SE
- Rockwell Automation Inc
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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