Free press releases distribution network?

More news: Engineering
Agency / Source: ABB Robotics / ABB Ltd

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



ABB Retains Leading Distributed Control System Market Share Worldwide for 2010 - ARC study states that new projects in heavy process industries, power generation contributed to overall market growth - ARCweb.com / ABB.com
ABB Retains Leading Distributed Control System Market Share Worldwide for 2010

 

PRZOOM - /newswire/ - Zurich, Switzerland, 2011/10/21 - ARC study states that new projects in heavy process industries, power generation contributed to overall market growth - ARCweb.com / ABB.com. NYSE: ABB

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

In the newest version of ARC Advisory Group’s “Distributed Control Systems Worldwide Outlook,” study, ABB retained its leading worldwide market position in this core automation market. According to the study, the DCS (distributed control system) market in 2010 rebounded from 2009; the overall market for DCS (distributed control system) increased by 3.3 percent, in part due to an increase of new projects in the heavy process industries.

ARC forecasts that market growth, while improved compared with 2009, will not reach peak 2008 levels until next year, and then will resume normal slow but steady growth. The increase in new projects in the heavy process industries such as oil & gas and petrochemical, as well as a resurgence in power generation projects, helped to drive global demand for DCS in 2010.

Many of the larger projects that contributed to 2010 growth were booked throughout 2009. ABB booked a number of large process industry and power generation orders, which included major greenfield projects as well as system upgrades and expansions for existing installations.

“Innovation, quality products, extensive industry knowledge and application expertise has enabled ABB to establish a large and loyal customer base,” said Barry Young, Principal Analyst at ARC and author of the report. “ABB brings together a product, system and service capability that allow them to deliver complete automation and production solutions across a broad range of industries.”

According to the study, ABB was also the regional market share leader for Latin America, Europe/Mid East/Africa (EMEA), and the worldwide leader in key global verticals including Upstream Oil & Gas, Pulp and Paper, Mining and Metals, and Cement and Glass.

The report also notes that the DCS business has continued to be primarily a services business over the past few years, with combined project, engineering and operational services accounting for more than half of total revenues. In particular, the Main Automation Contractor (MAC) approach, in which the automation vendor manages the overall project and includes a strong project execution and services component, continues to grow stronger and expand in scope.

“ABB’s deep process industry knowledge, extensive global and local resources, and world-class services organization provide the project execution capabilities needed to successfully manage complex projects as the Main Automation Contractor,” said Veli-Matti Reinikkala, head of ABB’s Process Automation division. “In addition, we offer our customers a diverse portfolio of DCS solutions to help any process perform better, from the smallest operation to large integrated operations.”

ABB’s portfolio of DCS includes its flagship System 800xA Extended Automation platform, Symphony Plus control system, Freelance process control system for small to medium process applications, as well as its prior generation systems. All ABB control systems offer a secure evolution path forward to next generation technologies to protect and enhance the control system investment over its lifetime.

Additional information on the DCS Worldwide Outlook, as well as other studies on the global automation market, is available online.

Founded in 1986, ARC Advisory Group (arcweb.com) has grown to become the Thought Leader in Manufacturing and Supply Chain solutions. ARC analysts have the expert industry knowledge and first-hand experience to help clients find the best answer to complex business issues. ARC focuses on simple yet critical goals: improving clients’ return on assets, operational performance, total cost of ownership, project time-to-benefit, and shareholder value. Further information can be obtained from ARC, Three Allied Drive, Dedham, MA 02026, T: 781-471-1000, F: 781-471-1100, E: info[.]arcweb.com.

ABB (abb.com) is a leader in power and automation technologies that enable utility and industry customers to improve performance while lowering environmental impact. The ABB Group of companies operates in around 100 countries and employs about 130,000 people.

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering Engineering Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: ABB Robotics / ABB Ltd

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
Engineering articles,
CATCH Visitors via Your Competitors Announcements!


ABB Retains Leading Distributed Control System Market Share Worldwide for 2010

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
ABB | ARC Advisory Group
Contact: Laura M. Patrick - ABB.com 
+1 585-889-7146 lauram.patrick[.]us.abb.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any ABB Robotics / ABB Ltd securities in any jurisdiction including any other companies listed or named in this release.

Engineering via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From ABB Robotics / ABB Ltd / Company Profile


Read Engineering Most Recent Related Press Releases:

Rockwell Automation to Showcase Plantwide Control Solutions and Technology at POWER-GEN International
Premier Autonomous Vehicle Conference of The Southeast - 2016 Florida Automated Vehicle Summit
AEgis Technologies, Inc. to Demonstrate Affordable Training Alternatives At I/ITSEC 2016
Mentor Graphics Announces New FloEFD Product with Unique Capabilities
Mentor Graphics Signs Agreement with ARM to Accelerate Early Hardware/Software Development
ABB Wins Order to Supply 1600 Transformers to Support Railway Expansion in India
Mentor Graphics Announces FloEFD Frontloading Computational Fluid Dynamics (CFD) Award Winners for 2016
Infineon Chip Solves Rubik's Cube in 637 Milliseconds
Seica to Distribute Mentor Graphics Process Preparation Tool for Flying Probe Test Systems
Mentor Graphics New FloMASTER Delivers Higher Accuracy, Extended Physics and Ease of Use

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  Triggr & Bloom

Visit  La Bella Bakery Artisan Bakery Arizona

Visit  NAKIVO, Inc.







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today