DUBLIN, Nov. 5, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "DCS Market in the APAC Region 2014-2018" report to their offering.
http://photos.prnewswire.com/prnh/20130307/600769
A DCS is an automated control system that, rather than being centralized, is distributed across the entire organization. The DCS systems are distributed in such a way that each component or sub-system of a manufacturing plant is controlled by one or more controllers, thereby providing instructions to different parts of the plant. Thus, instead of having a centrally located control system, each section of the plant has its own control operations.
DCS solutions, hence, enable the effective and efficient control and management of the entire plant. Furthermore, they also facilitate a reduction in downtime errors and an increase in plant productivity. DCS solutions are adopted by various industries such as Power, Pharmaceuticals, Oil and Gas, Pulp and Paper, Food and Beverage, Chemical, Automotive, and Packaging.
The analysts forecast the DCS market in the APAC region to grow at a CAGR of 3.87 percent over the period 2013-2018.
The DCS market in the APAC region can be divided on the basis of end-users into eight main segments: Power, Pharmaceutical, Oil and Gas, Pulp and Paper, Food and Beverage, Chemical, Automotive, and Packaging industries. The above end-user segments are the major consumers of DCS systems and their performance has a direct impact on the growth of the DCS market in the APAC region.
The report, the DCS Market in the APAC Region 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report focuses on the APAC region; it also covers the DCS market in the APAC region landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
One of the major trends emerging in this market is the development of integrated DCS solutions. To optimize plant operation, organizations are looking for DCS solutions that can be easily and effectively integrated with other plant operations. Some of the key vendors, such as ABB and Honeywell International, have started offering additional services to their customers that would help them easily integrate DCS solutions with their plant management systems.
According to the report, one of the main drivers in the market is the migration from legacy systems to DCS solutions. With increased competition, companies are replacing their old manufacturing systems with DCS-controlled manufacturing systems for increased efficiency and productivity.
Further, the report states that one of the main challenges in the market is the competition from SCADA systems. SCADA-based control systems have some advantages over DCS such as ease of upgrading, efficiency, easy switching, and scalability.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
05. Introduction
06. Market Landscape
07. Market Segmentation by End-users
08. Key Leading Countries
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
Companies Mentioned:
- ABB
- Emerson Electric
- Honeywell International
- Siemens
- Yokogawa Electric
- FMC Technologies
- General Electric
- Invensys
- Mitsubishi Heavy Industries
- Metso
- Rockwell Automation
- Toshiba International
For more information visit http://www.researchandmarkets.com/research/vcdm35/dcs_market_in_the
Media Contact: Laura Wood, +353-1-481-1716, press@researchandmarkets.net
