Distributed Control Systems Market Forecast 2012 - 2018

Transparency Market Research

Distributed Control Systems Market - Global Industry Analysis, Size, Share, Trends And Forecast 2012 - 2018

Published Date 21-Feb-2013

95 Page Report

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Press Release

Distributed Control Systems (DCS) Market is Expected to Reach USD 19.8 Billion Globally in 2018: Transparency Market Research

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Distributed Control Systems Market

REPORT DESCRIPTION

Distributed Control Systems Market - Global Industry Analysis, Size, Share, Trends And Forecast 2012 - 2018 According to a new market report published by Transparency Market Research (http://www.transparencymarketresearch.com) "Distributed Control Systems Market - Global Industry Analysis, Size, Share, Trends and Forecast, 2012 - 2018," the global distributed control systems (DCS) market is expected to reach USD 19.8 billion by 2018, growing at a CAGR of 3.9% from 2012 to 2018. The oil and gas industry remained the largest end user industry for distributed control systems and accounted for more than 20% of the global market in 2012; however, power industry will be the fastest growing end use segment due to faster adoption of DCS in the industry. Asia Pacific is the fastest growing market for distributed control systems as it is the base for a number of companies using DCS solutions. Browse the full report at http://www.transparencymarketresearch.com/distributed-control-systemsmarket.html Most distributed control systems were installed during the 1980s in Europe and North America. These systems are reaching the end of their reasonable lifecycle, thus creating the need to upgrade or replace them with technologically advanced systems. In addition, increasing industrialization in developing regions of Asia Pacific, there is an increased demand for distributed control systems....