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North America Distributed Control Systems Market Share

Report ID: GMI7060
Published Date: Oct 2023
Report Format: PDF

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North America Distributed Control Systems Market Share

ABB maintains a robust market share in the North America distributed control systems (DCS) market through a combination of factors. ABB is recognized for its innovative and reliable DCS solutions tailored to the region's diverse industrial needs. The company's commitment to sustainability and environmental responsibility aligns with North America's focus on eco-friendly and energy-efficient operations. ABB's extensive network and strong customer support services contribute to its customer satisfaction and loyalty. The company's adaptability and scalability in providing DCS systems for a wide range of industries further solidify its market position. Overall, ABB's dedication to quality, innovation, and customer service continues to bolster its stronghold in the North American DCS market.

The major contenders in the 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 Electric Corporation
YASKAWA ELECTRIC (SINGAPORE) PTE LTD
Concept Systems Inc
Hitachi, Ltd.
Ingeteam

Authors: Ankit Gupta, Vishal Saini

Frequently Asked Questions (FAQ) :

The market valuation of North America distributed control system was worth USD 17.9 billion in 2023 and is estimated to cross USD 30.3 billion by 2032.

In 2022, the hardware segment was valued at approximately USD 1.8 billion, and it is expected to exhibit over 4% CAGR from 2023 to 2032 as industries are proactively modernizing their operations, necessitating the expansion and enhancement of DCS hardware infrastructure.

The power industries segment was valued at over USD 1.3 billion in 2022 and is anticipated to surpass USD 2.2 billion by 2032 as these solutions are instrumental in optimizing power plant operations, enhancing grid stability, and ensuring efficient electricity generation.

U.S distributed control system market size exceeded USD 2.9 billion in 2022 and is anticipated to reach over 4.6 billion by 2032 owing to the country's diverse industrial landscape, spanning sectors such as energy, manufacturing, and chemical processing, creating a substantial demand for DCS technology.