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United Kingdom Distributed Control System Market Growth Trends, Technology Advancements, and Market Forecast

Devanand007 2024. 9. 27. 18:41

United Kingdom Distributed Control System Market

The United Kingdom Distributed Control System Market is mature and highly developed, driven by the country’s advanced industrial base and commitment to digital transformation across sectors like energy, manufacturing, and pharmaceuticals. Distributed Control Systems play a pivotal role in automating industrial processes, ensuring efficient operations, and enhancing safety in industries where precision and real-time data monitoring are critical.

One of the primary drivers of the DCS market in the UK is the energy sector, particularly in the transition towards renewable energy. With the UK’s commitment to achieving net-zero emissions by 2050, the country has been investing heavily in wind energy, nuclear power, and other renewable sources. DCS solutions are essential in managing the integration of these renewable sources into the national grid, ensuring stability and efficiency.

Moreover, the manufacturing and chemical industries are significant contributors to the DCS market, as companies in these sectors continue to adopt advanced automation technologies to remain competitive on the global stage. However, challenges such as high installation costs and the need for regular system upgrades remain. Nonetheless, with ongoing technological advancements and the increasing focus on digital transformation, the DCS market in the UK is expected to see sustained growth.

The global distributed control system market is growing at a rapid pace. Rising industrialization worldwide bolsters the market growth. Besides, expanding population and escalating urbanization rates across emerging regions drive the market growth. As the global population rises, the energy demand soars high, becoming an earnest necessity. 

With substantial investments in developing distributed control systems (DCSs) and microgrids, the market is projected to garner substantial traction in the next couple of years. According to Market Research Future (MRFR), the global distributed control system market is expected to reach USD 33.28 BN by 2032, registering a 6.12% CAGR during the forecast period (2024 - 2032),

Especially, major cities with the increase in industrial infrastructures are witnessing huge demand for distributed control systems. Moreover, the rising focus on nuclear and renewable energy generation impacts the market value. Growing government mandates & updated policies towards renewable power generation increase the market size.

The introduction of open source DCS solutions and the rising preference for private or public cloud offers attractive opportunities for the leading market vendors in the nearing future. Furthermore, nuclear and renewable power plant systems integrated with synchronous machines, battery-based energy storage systems, and wind turbine generators boost the demand for DCS, managing and controlling the whole power plant system.

Distributed Control System Market – Segments

The DCS market is segmented into component, application, end-use, and region. The component segment is further bifurcated into hardware, software, and services. By application, the market is sub-segmented into continuous processes and batch-oriented processes. 

Based on end-use, the market is sub-segmented into power generation, oil & gas, food & beverage, pharmaceutical, chemicals, metal & mining, paper & pulp, and others. By regions, the report is sub-segmented into the Americas, Asia Pacific, Europe, and rest-of-the-world.

Distributed Control System Market – Regional Analysis 

The Asia Pacific region has remained the market leader since 2016 and could continue to maintain its leading position throughout the assessment period. Factors such as the growing production and competition among DCS manufacturers in the region positively impact the regional market growth.

Besides, the rapid urbanization and industrialization in the region create substantial market demand, prompting the necessity for higher operational efficiency, minimizing production cost, and process control industries. Rapidly growing industries, such as oil & gas, chemicals, power generation, and pharmaceuticals, support the region's DCS market share.

Moreover, the increase in renewable energy sources shares and government initiatives to promote DCS installation drive the market growth. Moreover, the increase in the generation capacity of renewable energy sources across the region is expected to increase the demand for DCS in the years to come.

Distributed Control System Market – Competitive Analysis 

Highly competitive, the DCS market appears fragmented due to the presence of several well-established players. Major players incorporate strategic initiatives such as mergers & acquisitions, collaborations, expansion, and product/ technology launch to gain a larger competitive share.

Major Players 

Players leading the global DCS market include Emerson (USA), ABB (Switzerland), Schneider Electric (France), Rockwell Automation (US), Siemens (Germany), General Electric (US), Yokogawa (Japan), Honeywell International Inc. (US), Toshiba (Japan), Azbil Corporation (Japan), Hitachi (Japan), and Metso Corporation (Finland), among others.

Industry/ Innovation/ Related News

Dec. 17, 2020 ---- ABB (Switzerland) announced that together with Claro and Nokia, it has carried out satellite telematics tests in Chile with Gold Fields' Salares Norte. ABB used satellite connectivity between the Gold Fields' Salaries Norte gold mining project near Copiapo level and Chilean capital Santiago. ABB's 800xA Distributed Control System was used in this test, which proved to be more than an Electrical and Safety Control System, proving its efficiency as a collaboration facilitator, improving processes, operator performance, and asset usage.

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