The North America Distributed Control System Market would witness market growth of 5.4% CAGR during the forecast period (2021-2027).
In an industrial setting, distributed control systems (DCS) are made up of controllers, sensors, and accompanying computers that are spread across multiple application areas. These components of the systems are all designed to help with process control, graphical display, data acquisition, and data storage. In addition, DCS is designed with diagnostic and redundancy capabilities to increase control reliability and overall performance. They are generally utilized in huge manufacturing plants to direct all sophisticated production operations.
Factors such as the burgeoning power sector and improved power generation capacity around the world, growing industrial infrastructure in emerging regions, and increased usage of renewable and nuclear energy for power generation would boost the industry growth during the forecasting period. Moreover, some of the key trends of the market are the advancement of the power and energy sector as a result of the rising population and development of big wind and solar power plants.
In the US, between 2000 and 2010, the percentage of shale gas production increased from 1% to 20%, and by 2035, it is predicted to reach approximately 45 percent. This is likely to result in a simultaneous increase in the tightly integrated DCS market, which ensures process sustainability in high-risk situations through redundant controls.
Because shale gas production necessitates a considerable volume of water, a demand for DCS systems in water treatment plants has emerged. In addition, distributed control systems have shown to be critical in the administration of nuclear power plants, which is aiding their market in the United States, which is constantly expanding its nuclear power plant capacity and numbers.
Moreover, the United States and Canada are growing their electricity consumption year after year, necessitating more power generation. As per the EIA report of 2019, electricity consumption in the United States was at 3.8 trillion kWh in 2020, which was 13 times higher than in 1950. Therefore, these aspects would play a key role in propelling the growth of the regional Distributed Control System Market throughout the forecast period.
The US market dominated the North America Distributed Control System Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $4,851.2 million by 2027. The Canada market is poised to grow at a CAGR of 7.8% during (2021 - 2027). Additionally, The Mexico market would showcase a 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 U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Distributed Control System Market is Estimated 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
- US
- Canada
- Mexico
- Rest of North America
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 North America Distributed Control System Market, by Component
1.4.2 North America Distributed Control System Market, by Vertical
1.4.3 North America Distributed Control System Market, by Application
1.4.4 North America 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. North America Distributed Control System Market by Component
4.1 North America Software Market by Country
4.2 North America Hardware Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Distributed Control System Market by Vertical
5.1 North America Oil & Gas Market by Country
5.2 North America Power Generation Market by Country
5.3 North America Chemicals Market by Country
5.4 North America Food & Beverages Market by Country
5.5 North America Pharmaceutical Market by Country
5.6 North America Metals & Mining Market by Country
5.7 North America Paper & Pulp Market by Country
5.8 North America Other Vertical Market by Country
Chapter 6. North America Distributed Control System Market by Application
6.1 North America Continuous Process Market by Country
6.2 North America Batch-oriented Process Market by Country
Chapter 7. North America Distributed Control System Market by Country
7.1 US Distributed Control System Market
7.1.1 US Distributed Control System Market by Component
7.1.2 US Distributed Control System Market by Vertical
7.1.3 US Distributed Control System Market by Application
7.2 Canada Distributed Control System Market
7.2.1 Canada Distributed Control System Market by Component
7.2.2 Canada Distributed Control System Market by Vertical
7.2.3 Canada Distributed Control System Market by Application
7.3 Mexico Distributed Control System Market
7.3.1 Mexico Distributed Control System Market by Component
7.3.2 Mexico Distributed Control System Market by Vertical
7.3.3 Mexico Distributed Control System Market by Application
7.4 Rest of North America Distributed Control System Market
7.4.1 Rest of North America Distributed Control System Market by Component
7.4.2 Rest of North America Distributed Control System Market by Vertical
7.4.3 Rest of North America 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 North America Distributed Control System Market, 2017 - 2020, USD Million
TABLE 2 North America 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 North America Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 7 North America Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 8 North America Software Market by Country, 2017 - 2020, USD Million
TABLE 9 North America Software Market by Country, 2021 - 2027, USD Million
TABLE 10 North America Hardware Market by Country, 2017 - 2020, USD Million
TABLE 11 North America Hardware Market by Country, 2021 - 2027, USD Million
TABLE 12 North America Services Market by Country, 2017 - 2020, USD Million
TABLE 13 North America Services Market by Country, 2021 - 2027, USD Million
TABLE 14 North America Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 15 North America Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 16 North America Oil & Gas Market by Country, 2017 - 2020, USD Million
TABLE 17 North America Oil & Gas Market by Country, 2021 - 2027, USD Million
TABLE 18 North America Power Generation Market by Country, 2017 - 2020, USD Million
TABLE 19 North America Power Generation Market by Country, 2021 - 2027, USD Million
TABLE 20 North America Chemicals Market by Country, 2017 - 2020, USD Million
TABLE 21 North America Chemicals Market by Country, 2021 - 2027, USD Million
TABLE 22 North America Food & Beverages Market by Country, 2017 - 2020, USD Million
TABLE 23 North America Food & Beverages Market by Country, 2021 - 2027, USD Million
TABLE 24 North America Pharmaceutical Market by Country, 2017 - 2020, USD Million
TABLE 25 North America Pharmaceutical Market by Country, 2021 - 2027, USD Million
TABLE 26 North America Metals & Mining Market by Country, 2017 - 2020, USD Million
TABLE 27 North America Metals & Mining Market by Country, 2021 - 2027, USD Million
TABLE 28 North America Paper & Pulp Market by Country, 2017 - 2020, USD Million
TABLE 29 North America Paper & Pulp Market by Country, 2021 - 2027, USD Million
TABLE 30 North America Other Vertical Market by Country, 2017 - 2020, USD Million
TABLE 31 North America Other Vertical Market by Country, 2021 - 2027, USD Million
TABLE 32 North America Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 33 North America Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 34 North America Continuous Process Market by Country, 2017 - 2020, USD Million
TABLE 35 North America Continuous Process Market by Country, 2021 - 2027, USD Million
TABLE 36 North America Batch-oriented Process Market by Country, 2017 - 2020, USD Million
TABLE 37 North America Batch-oriented Process Market by Country, 2021 - 2027, USD Million
TABLE 38 North America Distributed Control System Market by Country, 2017 - 2020, USD Million
TABLE 39 North America Distributed Control System Market by Country, 2021 - 2027, USD Million
TABLE 40 US Distributed Control System Market, 2017 - 2020, USD Million
TABLE 41 US Distributed Control System Market, 2021 - 2027, USD Million
TABLE 42 US Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 43 US Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 44 US Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 45 US Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 46 US Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 47 US Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 48 Canada Distributed Control System Market, 2017 - 2020, USD Million
TABLE 49 Canada Distributed Control System Market, 2021 - 2027, USD Million
TABLE 50 Canada Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 51 Canada Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 52 Canada Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 53 Canada Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 54 Canada Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 55 Canada Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 56 Mexico Distributed Control System Market, 2017 - 2020, USD Million
TABLE 57 Mexico Distributed Control System Market, 2021 - 2027, USD Million
TABLE 58 Mexico Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 59 Mexico Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 60 Mexico Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 61 Mexico Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 62 Mexico Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 63 Mexico Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 64 Rest of North America Distributed Control System Market, 2017 - 2020, USD Million
TABLE 65 Rest of North America Distributed Control System Market, 2021 - 2027, USD Million
TABLE 66 Rest of North America Distributed Control System Market by Component, 2017 - 2020, USD Million
TABLE 67 Rest of North America Distributed Control System Market by Component, 2021 - 2027, USD Million
TABLE 68 Rest of North America Distributed Control System Market by Vertical, 2017 - 2020, USD Million
TABLE 69 Rest of North America Distributed Control System Market by Vertical, 2021 - 2027, USD Million
TABLE 70 Rest of North America Distributed Control System Market by Application, 2017 - 2020, USD Million
TABLE 71 Rest of North America Distributed Control System Market by Application, 2021 - 2027, USD Million
TABLE 72 Key Information – ABB Group
TABLE 73 Key Information – Emerson Electric Co.
TABLE 74 Key Information – Siemens AG
TABLE 75 Key information – Schneider Electric SE
TABLE 76 Key information – Honeywell International, Inc.
TABLE 77 Key Information – Yokogawa Electric Corporation
TABLE 78 Key Information – Toshiba Corporation
TABLE 79 Key Information – General Electric (GE) Co.
TABLE 80 Key information – Rockwell Automation, Inc.
TABLE 81 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