Distributed control systems business recovered in 2010

Source: ARC

Oct 20, 2011

According to the ARC Advisory Group five-year market outlook study, 2010 showed a comeback in the large-scale distributed control systems (DCS) market compared to 2009.

According to the ARC Advisory Group five-year market outlook study, 2010 showed a comeback in the large-scale distributed control systems (DCS) market compared to 2009.

While 2010 showed a comeback in revenue numbers, ARC does not expect the revenue to surpass the 2008 peak until 2012. Most global DCS suppliers reported very strong order rates right through the end of calendar year 2010 and this will translate into strong revenue for 2011.

New projects in the heavy process industries, where DCSs are used to monitor, manage, and control plant operations, drove sales orders in mid to late 2009. This translated into increased revenue for suppliers in 2010. The industry verticals of chemical, petrochemical, and oil & gas showed particularly strong growth. Since, traditionally, these verticals are among the largest in the DCS marketplace, the overall DCS marketplace showed an upswing. The resurgence in power generation projects, particularly in the nuclear and gas-fired combined cycle sectors, also increased demand for DCSs.

Learn more about the ARC Advisory Group five-year market outlook study.

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