Distributed Control System Market size was valued at USD 24.75 billion in 2024 and is expected to cross USD 51.3 billion by the end of 2037, expanding at more than 5.9% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of distributed control system is estimated at USD 25.9 billion. The market growth is mainly owing to the growing acceptance of loT technologies with the integration of distributed control system. The number of connected loT devices worldwide is projected to reach nearly 76 billion by 2025.
Factors such as rising demand for electricity grid management and escalating need for loT in water distribution and generation are further projected to expand the globally distributed control system market size over the predicted time period.
Growth Drivers
Challenges
Base Year |
2024 |
Forecast Year |
2025-2037 |
CAGR |
5.9% |
Base Year Market Size (2024) |
USD 24.75 billion |
Forecast Year Market Size (2037) |
USD 51.3 billion |
Regional Scope |
|
Component (Hardware, Software, Services)
The software segment in the distributed control system market is anticipated to hold a revenue share of 35% during the time period between 2023 – 2037. The growth of the software component segment can be attributed to several factors, including the increasing complexity of software applications, the need for faster time-to-market, and the growing trend toward modular software development. By leveraging pre-built software components, developers can significantly reduce the time and resources required to build new software applications, while also improving overall quality and performance.
End User (Power Generation, Oil & Gas, Chemicals, Refining, Healthcare, Paper, Pulp)
In terms of end users, the healthcare segment is set to hold the largest share of the global distributed control system market during the forecast timeframe. The growth of the segment can be accredited to the presence of a large number of patients in the healthcare industry, which is expanding notably. The hospitals are also growing rapidly in number. For instance, by the year 2022, it was noted that there were approximately 6,100 hospitals in the United States. Hospitals provide a wide range of medical care. Physicians, called hospital doctors, typically specialize in internal medicine, pediatrics, or general practice. They have the knowledge to solve common problems and the resources to solve more complex medical problems. Hospitals may also offer specialized care, such as neurology, obstetrics and gynecology, and oncology.
Our in-depth analysis of the global distributed control system market includes the following segments:
Component |
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End User |
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North America Market Forecasts
The distributed control system market in the North America is estimated to observe the highest growth rate of 35% during the projected timeframe. The regional growth can be attributed to the increasing government initiatives to improve communication technology, which is expected to fuel the growth of the market in the region in the coming years. Moreover, the North American market is expected to account for the largest share during the forecast period owing to heavy R&D investments in new optical satellite communication technologies and the strong presence of market players in the region. According to data released by the Census Bureau as part of the 2018 Annual Survey of Manufacturing, more than 30% of workers in the North American region require technical assistance for a variety of purposes, including transportation equipment, primary metals, plastics, rubber products, and used robots.
APAC Market Statistics
The distributed control system market in the Asia Pacific is set to grow substantially during the projected period. The growth of the market in this region can primarily be attributed to the increasing number of digital satellite broadcasting and internet services in the region. The market is expected to grow in China due to increasing support for clean energy projects and a high focus on reducing carbon emissions that will boost the renewable energy sector. This will give rise to power demand that will further expand the funds for power plant infrastructure in the region.
Author Credits: Dhruv Bhatia
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