Research and Markets (http://www.researchandmarkets.com/research/dcw9nc/global) has announced the addition of the "Global Distributed Control Systems (DCS) Market, 2016" report to their offering.

The market is witnessing many growth drivers such as the increasing demand for DCS solutions from the Power industry, and the emergence of open-source DCS solutions. However, the major forces that are driving the market are the migration from legacy systems to DCS solutions and the need to improve decision-making systems.

The integration of DCS solutions with plant management systems is one of the key trends in the market. In order to optimize plant operation, organizations need the kind of DCS solutions that can be easily and effectively integrated with other plant operations. Therefore, some of the key vendors in the market such as ABB Ltd. and Honeywell International Inc. have started offering additional services to their customers that would help them easily integrate the DCS solutions with their plant management systems. The plant management system includes the process control, process electrification, power distribution, and management systems of the plant. Such integrated systems enable organizations to obtain information from all parts of the plant at a central location, thus reducing the failure rate and improving the decision-making capabilities of the organizations.

Further, the report states that a major challenge in the market is the declining price of DCS solutions. The lack of product differentiation from SCADA systems is another challenge in the market.

The other vendors mentioned in the report are:

  • General Electric Co.
  • Invensys plc
  • Mitsubishi Heavy Industries Ltd.
  • Yokogawa Electric Corp.

Key Topics Covered:

01. Executive Summary

02. Scope of the Report

03. Market Research Methodology

04. List of Abbreviations

05. Introduction

06. Market Landscape

07. Market Segmentation by Product

08. Market Segmentation by End-users

09. Geographical Segmentation

10. Buying Criteria

11. Market Growth Drivers

12. Drivers and their Impact

13. Market Challenges

14. Impact of Drivers and Challenges

15. Market Trends

16. Trends and their Impact

17. Vendor Landscape

18. Key Vendor Analysis

For more information visit http://www.researchandmarkets.com/research/dcw9nc/global

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