Distributed Control System Market Share

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.