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Distributed Control Systems Market Share

Report ID: GMI6801
Published Date: Sep 2023
Report Format: PDF

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Distributed Control Systems Market Share

Major participants in the distributed control systems market include:

ABB
Honeywell International Inc.
Siemens
Schneider Electric
Mitsubishi Electric Corporation
Rockwell Automation
Emerson Electric Co.
Valmet
NovaTech, LLC.
Azbil Corporation
Toshiba Infrastructure Systems & Solutions Corporation
Yokogawa Europe
YASKAWA ELECTRIC (SINGAPORE) PTE LTD
HollySys Group
Concept Systems Inc
ZAT a.s.
Ingeteam
Hitachi, Ltd.

ABB has established itself as a prominent market leader in the distributed control systems market, with a global market share of approximately 20%, through its relentless commitment to innovation, reliability, and global reach. The company has a rich history in industrial automation, with efficient offerings, notably the System 800xA platform, which have earned widespread trust across industries. ABB's DCS solutions are renowned for their ability to seamlessly integrate control, electrical, and safety systems, enabling end-users to achieve operational excellence and maximize efficiency.

The company's continuous investment in digital technologies, cybersecurity, and sustainability aligns with the evolving needs of industries worldwide. ABB's extensive global presence and local support ensure that customers benefit from a comprehensive range of services, making it a trusted partner for complex industrial automation projects.

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market size of distributed control systems was exceeded USD 17.9 billion in 2023 and is anticipated to reach USD 30.3 billion by 2032, due to the increasing demand for operational efficiency along with the growing importance of safety and regulatory compliance among industries worldwide.

Distributed control systems market from the hardware component segment will register over 4.5% CAGR from 2023 to 2032, on account of their ability to support advanced technologies, such as fault-tolerant hardware configurations and cybersecurity measures.

Asia-Pacific distributed control systems market size will record more than 6.5% CAGR from 2023 to 2032, owing to the rapid industrialization and increasing demand for advanced automation solutions in the manufacturing and process industries of the region.

ABB, Honeywell International Inc., Siemens, Schneider Electric, Mitsubishi Electric Corporation, Rockwell Automation, Emerson Electric Co., Valmet, and NovaTech, LLC. are some of the major distributed control systems companies worldwide.