The Latin America, Middle East and Africa Distributed Control System Market would witness market growth of 7.1% CAGR during the forecast period (2021-2027).
The trend for manufacturers in the process industry to implement the best possible automation technology to obtain a competitive edge will drive the distributed control system market over the forthcoming years, given the existing competitive landscape. Moreover, one of the growth catalysts for the industry is the rise in the usage of smart applications and IoT technology. Furthermore, with the rise in popularity of smart gadgets, there is a greater demand for multifunctional microelectronics with shorter response times and higher performance.
The latest DCS systems deliver significant advances over its predecessors in terms of security, compatibility with cutting-edge technology, and operator effectiveness, which is a major driver for the distributed control systems industry. However, some of the major barriers to the industry growth are security concerns and greater pricing competition.
To meet the increased need for power, the Middle East, Africa, and Latin America are constantly concentrating on increasing energy output from both renewable and fossil fuels. In addition, according to the BP Statistical Review of World Energy 2019, the Middle East is still the world's largest oil producer and second-largest gas producer, accounting for 36% of worldwide liquid production and 20% of global gas production. As a result, rising oil production and rising energy demand will fuel demand for large-scale DCS implementation in the oil & gas and power industries.
The use of distributed control systems in power plants is being driven by a rise in power generation capacity in the Middle East and Africa. Moreover, the Middle Eastern governments are concentrating their efforts on achieving renewable energy generation targets. Furthermore, bright prospects are expected for the regional market owing to the growing requirement for power generation and the rising demand for an efficient manufacturing process in South America. South America is home to some of the world's most valuable natural resources.
The Brazil market dominated the LAMEA Distributed Control System Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $475.2 million by 2027. The Argentina market is experiencing a CAGR of 7.7% during (2021 - 2027). Additionally, The UAE market would display CAGR of 6.9% during (2021 - 2027).
Based on Component, the market is segmented into Software, Hardware, and Services. Based on Vertical, the market is segmented into Oil & Gas, Power Generation, Chemicals, Food & Beverages, Pharmaceutical, Metals & Mining, Paper & Pulp, and Others. Based on Application, the market is segmented into Continuous Process and Batch-oriented Process. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Distributed Control System Market is Predict to reach $23.8 Billion by 2027, at a CAGR of 5.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include ABB Group, Emerson Electric Co., Siemens AG, Schneider Electric SE, Honeywell International, Inc., Yokogawa Electric Corporation, Toshiba Corporation, General Electric (GE) Co., Rockwell Automation, Inc., and Azbil Corporation.
Scope of the Study
Market Segments Covered in the Report:
By Component
By Vertical
- Oil & Gas
- Power Generation
- Chemicals
- Food & Beverages
- Pharmaceutical
- Metals & Mining
- Paper & Pulp
- Others
By Application
- Continuous Process
- Batch-oriented Process
By Country
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
Key Market Players
List of Companies Profiled in the Report:
- ABB Group
- Emerson Electric Co.
- Siemens AG
- Schneider Electric SE
- Honeywell International, Inc.
- Yokogawa Electric Corporation
- Toshiba Corporation
- General Electric (GE) Co.
- Rockwell Automation, Inc.
- Azbil Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 LAMEA Distributed Control System Market, by Component
1.4.2 LAMEA Distributed Control System Market, by Vertical
1.4.3 LAMEA Distributed Control System Market, by Application
1.4.4 LAMEA Distributed Control System Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Dec) Leading Players
Chapter 4. LAMEA Distributed Control System Market by Component
4.1 LAMEA Software Market by Country
4.2 LAMEA Hardware Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Distributed Control System Market by Vertical
5.1 LAMEA Oil & Gas Market by Country
5.2 LAMEA Power Generation Market by Country
5.3 LAMEA Chemicals Market by Country
5.4 LAMEA Food & Beverages Market by Country
5.5 LAMEA Pharmaceutical Market by Country
5.6 LAMEA Metals & Mining Market by Country
5.7 LAMEA Paper & Pulp Market by Country
5.8 LAMEA Other Vertical Market by Country
Chapter 6. LAMEA Distributed Control System Market by Application
6.1 LAMEA Continuous Process Market by Country
6.2 LAMEA Batch-oriented Process Market by Country
Chapter 7. LAMEA Distributed Control System Market by Country
7.1 Brazil Distributed Control System Market
7.1.1 Brazil Distributed Control System Market by Component
7.1.2 Brazil Distributed Control System Market by Vertical
7.1.3 Brazil Distributed Control System Market by Application
7.2 Argentina Distributed Control System Market
7.2.1 Argentina Distributed Control System Market by Component
7.2.2 Argentina Distributed Control System Market by Vertical
7.2.3 Argentina Distributed Control System Market by Application
7.3 UAE Distributed Control System Market
7.3.1 UAE Distributed Control System Market by Component
7.3.2 UAE Distributed Control System Market by Vertical
7.3.3 UAE Distributed Control System Market by Application
7.4 Saudi Arabia Distributed Control System Market
7.4.1 Saudi Arabia Distributed Control System Market by Component
7.4.2 Saudi Arabia Distributed Control System Market by Vertical
7.4.3 Saudi Arabia Distributed Control System Market by Application
7.5 South Africa Distributed Control System Market
7.5.1 South Africa Distributed Control System Market by Component
7.5.2 South Africa Distributed Control System Market by Vertical
7.5.3 South Africa Distributed Control System Market by Application
7.6 Nigeria Distributed Control System Market
7.6.1 Nigeria Distributed Control System Market by Component
7.6.2 Nigeria Distributed Control System Market by Vertical
7.6.3 Nigeria Distributed Control System Market by Application
7.7 Rest of LAMEA Distributed Control System Market
7.7.1 Rest of LAMEA Distributed Control System Market by Component
7.7.2 Rest of LAMEA Distributed Control System Market by Vertical
7.7.3 Rest of LAMEA Distributed Control System Market by Application
Chapter 8. Company Profiles
8.1 ABB Group
8.1.1 Company Overview
8.1.2 Financial Analysis
8.1.3 Segmental and Regional Analysis
8.1.4 Research & Development Expense
8.1.5 Recent strategies and developments:
8.1.5.1 Product Launches and Product Expansions:
8.2 Emerson Electric Co.
8.2.1 Company Overview
8.2.2 Financial Analysis
8.2.3 Segmental and Regional Analysis
8.2.4 Research & Development Expense
8.2.5 Recent strategies and developments:
8.2.5.1 Product Launches and Product Expansions:
8.2.5.2 Acquisition and Mergers:
8.3 Siemens AG
8.3.1 Company Overview
8.3.2 Financial Analysis
8.3.3 Segmental and Regional Analysis
8.3.4 Research & Development Expense
8.3.5 Recent strategies and developments:
8.3.5.1 Partnerships, Collaborations, and Agreements:
8.4 Schneider Electric SE
8.4.1 Company Overview
8.4.2 Financial Analysis
8.4.3 Segmental And Regional Analysis
8.4.4 Research & Development Expense
8.4.5 Recent strategies and developments:
8.4.5.1 Product Launches and Product Expansions:
8.4.5.2 Acquisition and Mergers:
8.5 Honeywell International, Inc.
8.5.1 Company Overview
8.5.2 Financial Analysis
8.5.3 Regional & Segmental Analysis
8.5.4 Research & Development Expenses
8.5.5 Recent strategies and developments:
8.5.5.1 Product Launches and Product Expansions:
8.6 Yokogawa Electric Corporation
8.6.1 Company Overview
8.6.2 Financial Analysis
8.6.3 Segmental and Regional Analysis
8.6.4 Research & Development Expense
8.6.5 Recent strategies and developments:
8.6.5.1 Product Launches and Product Expansions:
8.7 Toshiba Corporation
8.7.1 Company Overview
8.7.2 Financial Analysis
8.7.3 Segmental and Regional Analysis
8.7.4 Research and Development Expense
8.7.5 Recent strategies and developments:
8.7.5.1 Product Launches and Product Expansions:
8.8 General Electric (GE) Co.
8.8.1 Company Overview
8.8.2 Financial Analysis
8.8.3 Segmental and Regional Analysis
8.8.4 Research & Development Expense
8.9 Rockwell Automation, Inc.
8.9.1 Company Overview
8.9.2 Financial Analysis
8.9.3 Segmental and Regional Analysis
8.9.4 Research & Development Expenses
8.9.5 Recent strategies and developments:
8.9.5.1 Product Launches and Product Expansions:
8.10. Azbil Corporation
8.10.1 Company Overview
8.10.2 Financial Analysis
8.10.3 Segmental and Regional Analysis
TABLE 1 LAMEA Distributed Control System Market, 2017 - 2020, USD Million
TABLE 2 LAMEA Distributed Control System Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Distributed Control System Market
TABLE 4 Product Launches And Product Expansions– Distributed Control System Market
TABLE 5 Acquisition and Mergers– Distributed Control System Market
TABLE 6 LAMEA Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 7 LAMEA Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 8 LAMEA Software Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Software Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Hardware Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Hardware Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Services Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Services Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 15 LAMEA Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 16 LAMEA Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA Power Generation Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA Power Generation Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Chemicals Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Chemicals Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Food & Beverages Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Food & Beverages Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Pharmaceutical Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Pharmaceutical Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Metals & Mining Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Metals & Mining Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Paper & Pulp Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Paper & Pulp Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Other Vertical Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Other Vertical Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 33 LAMEA Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 34 LAMEA Continuous Process Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Continuous Process Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Batch-oriented Process Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Batch-oriented Process Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Distributed Control System Market by Country, 2017 - 2020, USD Million
TABLE 39 LAMEA Distributed Control System Market by Country, 2021 - 2027, USD Million
TABLE 40 Brazil Distributed Control System Market, 2017 - 2020, USD Million
TABLE 41 Brazil Distributed Control System Market, 2021 - 2027, USD Million
TABLE 42 Brazil Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 43 Brazil Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 44 Brazil Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 45 Brazil Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 46 Brazil Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 47 Brazil Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 48 Argentina Distributed Control System Market, 2017 - 2020, USD Million
TABLE 49 Argentina Distributed Control System Market, 2021 - 2027, USD Million
TABLE 50 Argentina Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 51 Argentina Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 52 Argentina Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 53 Argentina Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 54 Argentina Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 55 Argentina Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 56 UAE Distributed Control System Market, 2017 - 2020, USD Million
TABLE 57 UAE Distributed Control System Market, 2021 - 2027, USD Million
TABLE 58 UAE Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 59 UAE Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 60 UAE Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 61 UAE Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 62 UAE Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 63 UAE Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 64 Saudi Arabia Distributed Control System Market, 2017 - 2020, USD Million
TABLE 65 Saudi Arabia Distributed Control System Market, 2021 - 2027, USD Million
TABLE 66 Saudi Arabia Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 67 Saudi Arabia Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 68 Saudi Arabia Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 69 Saudi Arabia Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 70 Saudi Arabia Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 71 Saudi Arabia Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 72 South Africa Distributed Control System Market, 2017 - 2020, USD Million
TABLE 73 South Africa Distributed Control System Market, 2021 - 2027, USD Million
TABLE 74 South Africa Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 75 South Africa Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 76 South Africa Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 77 South Africa Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 78 South Africa Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 79 South Africa Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 80 Nigeria Distributed Control System Market, 2017 - 2020, USD Million
TABLE 81 Nigeria Distributed Control System Market, 2021 - 2027, USD Million
TABLE 82 Nigeria Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 83 Nigeria Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 84 Nigeria Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 85 Nigeria Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 86 Nigeria Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 87 Nigeria Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 88 Rest of LAMEA Distributed Control System Market, 2017 - 2020, USD Million
TABLE 89 Rest of LAMEA Distributed Control System Market, 2021 - 2027, USD Million
TABLE 90 Rest of LAMEA Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 91 Rest of LAMEA Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 92 Rest of LAMEA Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 93 Rest of LAMEA Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 94 Rest of LAMEA Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 95 Rest of LAMEA Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 96 Key Information – ABB Group
TABLE 97 Key Information – Emerson Electric Co.
TABLE 98 Key Information – Siemens AG
TABLE 99 Key information – Schneider Electric SE
TABLE 100 Key information – Honeywell International, Inc.
TABLE 101 Key Information – Yokogawa Electric Corporation
TABLE 102 Key Information – Toshiba Corporation
TABLE 103 Key Information – General Electric (GE) Co.
TABLE 104 Key information – Rockwell Automation, Inc.
TABLE 105 key information – Azbil Corporation
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Product Launches and Product Expansions : 2017, Aug – 2021, Dec) Leading Players
FIG 5 Recent strategies and developments: Emerson Electric Co.
FIG 6 Recent strategies and developments: Schneider Electric SE