Global Distributed control systems Market to be Worth US$19.8 billion by 2018

Global Distributed control systems Market to be Worth US$19.8 billion by 2018

  • Submitted By: john55364
  • Date Submitted: 09/30/2015 10:11 PM
  • Category: Business
  • Words: 2323
  • Page: 10

Transparency Market
Research

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

Published Date
2013-02-21

95 Page Report

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Press Release

Distributed Control Systems Market: Oil and Gas Industry Top
End User with 20% Revenue Share : Transparency Market
Research
Transparency Market Research
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Distributed Control Systems
Market

REPORT DESCRIPTION

Transparency Market Research’s report “Distributed Control Systems Market - Global Industry Analysis,
Size, Share, Trends And Forecast 2012 - 2018” delivers key insights of the DCS market. According to this
report, the global distributed control systems market is estimated to reach a market value of US$19.8
billion by 2018 and demonstrate a CAGR of 3.9% during the forecast period from 2012 to 2018.The global
distributed control systems market is majorly driven by its elevated use in the oil and gas industry. The
report states that the oil and gas industry in the global distributed control systems (DCS) market will reach
an estimated value of US$5.1 billion by end of 2018.
Browse the full Distributed Control Systems Market
http://www.transparencymarketresearch.com/distributed-control-systems-market.html
The oil and gas industry is the leading end user of the distributed control systems (DCS) market and
contributed to 20% of the market revenue. However, it is expected that the demand for power which falls
under the other end user segment will outpace the oil and gas industry in terms of share in the coming few
years. This shift will occur due to the rapidly growing acceptance of distributed control systems in the
power industry. The power plant segment in the global distributed control systems market will grow at the
highest CAGR of 5% during the...

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