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

The power plant segment in the global distributed control systems market will grow at the highest CAGR of 5% during the forecasting horizon. Other end-user industries of the global distributed control systems (DCS) market are chemicals, metal and mining, waste and wastewater treatment, pulp and paper, pharmaceutical, and other process industries. These industries are witnessing a rising demand for manufacturing owing to which their power consumption has significantly increased. As a consequence, the increment in power demand will also fuel investments from a number of state-owned bodies in the global distributed control systems (DCS) market.