dcs market in apac 2015-2019
TRANSCRIPT
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DCS Market in APAC 2015-2019
The report discusses the following in-depth:
• Market Size and Forecast
• Market Segmentation
• Buying Criteria
• Vendor Landscape
• Business Segmentation
• Geographical Segmentation
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DCS Market in APAC 2015-2019,
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Key Trends
Technavio’s Senior Analyst says, “Growing global awareness regarding green energy and reducing carbon emission levels has stimulated investment in renewable energy resources. China and India are already providing subsidies and other concessions to set up hydro, wind, and solar parks. These facilities will require DCS for effective control of plant operations.”
• DCS are decentralized automated control systems that are distributed across an organization. Their distribution is such that each component or sub-system of a manufacturing plant is controlled by one or more controllers, following which, instructions can be provided to different parts of the plant.
• Technavio's analysts forecast the DCS market in APAC to grow at a CAGR of 4.36% over the period 2014-2019.
• Understanding the key drivers influencing the market
• Understanding the challenges faced by the market
• Activities of various stakeholders involved
• Key focus areas for the vendors
• Major trends that will shape the future of this market
• Vendor landscape and trajectory of the market
• Conclusion
Scope of The Report
A detailed analysis of each market driver,
challengeand trend is
available in our report:DCS Market in APAC 2015-2019
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Vendors
To understand the vendor landscape and
for a full list of vendors view our report:
DCS Market in APAC 2015-2019
ABB
Emerson Electric
Honeywell International
ABB was founded in 1988 and is headquartered in Zurich, Switzerland. The company provides automation and power technologies to utilities, transport, infrastructure, and other industries. Its products are sold in more than 100 countries worldwide.
Emerson was established in 1890 and is headquartered in St. Louis, US. The company is a diversified global manufacturing company that delivers innovative solutions to customers in the industrial, commercial, and consumer durables industries.
Honeywell International was incorporated in 1985 and is headquartered in Morris Township, New Jersey, US. Along with its subsidiaries, the company provides products and services to industries including aerospace and defense, automotive and transportation, oil and gas, and petrochemicals and biofuels.
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Market Landscape
• Greater investment in oil and gas production and refining is boosting market growth, as is the development of infrastructure in developing countries such as China and India.
• China is working to reduce its dependence on coal-fired power generation by increasing its nuclear, wind, and solar power generation capacities.
• The resurgence of power generation projects after the global recession, along with the initiation of large-scale greenfield projects, should drive demand for both DCS solutions and associated software applications.
• Market competition has increased with the presence of several local, regional, and international automation solution vendors.
• As well, many local and international vendors are offering customized automation products at competitive prices to better meet customers’ needs.
• Vendors are also offering low-cost, web-based automation control solutions with more flexibility of use and optimization.
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Key Buying Criteria
• Authenticity • Delivery • Price• Service
Support
• Parameters
• CustomizationCustomization refers to a particular solution's ability to adapt to the specific needs of the organization. Processes vary from one industry to another, and some DCS solutions may not suit some industries. Vendors should understand the requirements and processes of each industry and provide DCS solutions accordingly.
• Maintenance and SupportVendors should provide support, upgrades, and after-sales services during the entire operating life of DCS.
• ReliabilityThe DCS should perform its functions under stated conditions for a specified period.
• Total Cost of OwnershipThe total cost that buyers incur during the entire life cycle of the DCS. It includes the costs of purchase, installation, upgrades, service, and maintenance.
• Growth Forecasts?
• Market Analysis?
• Revenue Forecasts?
• Regional and Country level Analysis?
• Competitive Structure?
• Emerging Trends?
• Vendor Landscape?
• Other?
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DCS Market in APAC 2015-2019
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