Global Distributed Control Systems Market: Regional Insights
The global distributed control systems market is regionally divided into North America, Europe, Asia Pacific, Latin America, and Middle East and Africa.
Among regions, North America is projected to show strong growth in the global distributed control systems market over the forecast period. The key driver for this growth is rapid growth of shale gas industry across the region. As per the Coherent Market Insights, the percentage of shale gas increased from 1% in 2000 to 20% in 2010, and it is likely to grow to 45% by 2035. This in turn is expected to drive growth of the tightly integrated distributed control systems market that offers sustainability of the process through controls in high-risk environments.
Moreover, Asia Pacific is also forecasted to exhibit substantial growth in the global distributed control systems market during the forecast period, owing to rapidly growing industrial sector in the region. Due to availability of huge reserves of raw materials, lucrative government policies, large population base, and cheap labor, the industrial sector is rapidly growing in the region. This in turn is driving the increasing adoption of automation, reduction in production times, and higher production volumes, in the industrial sector of the region. These factors in turn are likely to support the demand for DCS, which is expected to boost growth of the global distributed control systems market over the forecast period.
Figure 1: Global Distributed Control Systems Market Share (%), By Region, 2022
Geographies covered:
Distributed Control Systems Market Report Snapshots
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