Report forecast the DCS market in Europe to grow at
a CAGR of 5.26 percent over the period 2014-2019.
DCS is an automated control system that is
distributed across an entire organization. DCS ensures that each component or
sub-system of a manufacturing plant is controlled by one or more controllers.
Thus, each section of the plant has its own control operations. Hence, DCS
solutions enable effective and efficient control and management of the entire
plant. In addition, they also reduce downtime errors and increase productivity.
DCS solutions are adopted by various industries such as Power, Pharmaceuticals,
Oil and Gas, Pulp and Paper, Food and Beverages, Chemical, Automotive, and
Packaging.
This report covers the present scenario and the
growth prospects of the DCS market in Europe during the period 2015-2019. It
considers the revenue generated from the following:
- Sales of hardware and software licenses
- Upgrades of existing solutions
- Maintenance and services
According to the report, some key factors are
expected to drive market growth during the forecast period. DCS reduce
manufacturing costs of end-user industries. Effective deployment of DCS
solutions reduces manufacturing costs of companies by minimizing process
failures and downtime losses.
Further, the report states that vendors have shown
a reluctance to adopt latest technologies which is affecting the market
significantly.
DCS Market in Europe 2015-2019, has been
prepared based on an in-depth market analysis with inputs from industry
experts. It presents the vendor landscape and a corresponding detailed analysis
of major vendors in the DCS market in Europe. In addition, the report discusses
the major drivers that influence the growth of the DCS market in Europe. It
also outlines the challenges faced by vendors and the market at large, as well
as the key trends that are emerging in the market.
key players in DCS Market in Europe 2015-2019: ABB
Ltd, Emerson Electric Co, Honeywell International, Inc, Schneider Electric Corp
and Siemens AG.
Other Prominent Vendors in the market are: FMC
Technologies, General Electric, Metso, Rockwell Automation, Toshiba
International and Yokogawa Electric.
Market driver
- Need to reduce manufacturing costs
- For a full, detailed list, view our report
Market challenge
- Reluctance to migrate to latest technology
- For a full, detailed list, view our report
Market trend
- Development of integrated DCS solutions
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 81 pages and 42 Exhibits
“DCS
Market in Europe 2015-2019” report covers Executive Summary, List of
Abbreviations, Scope of the Report, Market Research Methodology, Introduction,
Brief Overview of DCS, Market Landscape, Market Segmentation by End-user, Key
Leading Countries, Buying Criteria, Market Growth Drivers, Drivers and their
Impact, Market Challenges, Impact of Drivers and Challenges, Market Trends,
Trends and their Impact, Vendor Landscape, Key Vendor Analysis.
For
further information on this report, please visit-
http://mrr.cm/4P2
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