- The key vendors in the Global Distributed Control System Market are ABB Ltd., Emerson Electric Co., Honeywell International Inc. and Siemens AG.
London, 12 August 2014: TechNavio, an independent tech-focused global research firm, announced today the publication of its market research report on the Global Distributed Control System Market 2014-2018. The report analyzes that there are various trends emerging in this market such as the development of integrated DCS solutions. For optimizing plant operations, organizations are looking for DCS solutions that can be easily and effectively integrated with other plant operations.
A distributed control system is an automated control system, which is distributed across the entire organization. These systems are distributed in such a way that each component or sub-system of a manufacturing plant is controlled by one or more controllers, thereby providing instructions to different parts of the plant. Thus, each section of the plant has its own control operations. DCS solutions, hence, enable the effective and efficient control and management of the entire plant and facilitate a reduction in downtime errors and an increase in the productivity of the plant.
“DCS is now adopting a satellite-based integration and communication system with the machines and control systems in a plant,” says Faisal Ghaus, Vice President of TechNavio Research.
“This provides several advantages to the organization such as reduced failure rate and improved system security. It also provides ease of expansion to the company.”
To define the market conditions in the next 3-4 years, TechNavio analysts have conducted in-depth analysis of the impact of market drivers, challenges and trends featuring data on product segmentations, vendor shares, growth rate by revenue and an evaluation of the different buying criteria in the order of importance.
https://www.technavio.com/%3Cp%3EIf%20you%20are%20interested%20in%20more%…
