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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