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Power and Oil & Gas Sectors Likely to Remain Core Consumers for Distributed Control Systems (DCS) in Indian Process Industries Finds Frost & Sullivan - Focus on operational excellence compels adoption of DCS Market in Indian - IndustrialAutomation.Frost.com
Power and Oil & Gas Sectors Likely to Remain Core Consumers for Distributed Control Systems (DCS) in Indian Process Industries Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mumbai, India, 2013/05/29 - Focus on operational excellence compels adoption of DCS Market in Indian - IndustrialAutomation.Frost.com.

   
 
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The growing need for operational excellence in process industries has fuelled the use of optimization solutions such as Distribution Control Systems (DCS) in India. The integrated offerings that include control, safety and power management further boosts market revenues.

New analysis from Frost & Sullivan (industrialautomation.frost.com), Analysis of the Distributed Control Systems (DCS) Market in India, finds that the market earned approximately $707.9 million in 2012 and estimates this to reach $1,078.9 million in 2016. The end-user segments covered in the research include the power sector, oil and gas, petrochemicals, chemicals and fertilizers, metals and mining, pulp and paper, pharmaceuticals, cement, food and beverage, water and wastewater, and textiles.

With rising competition and pressure on margins, end users are turning to DCS to maximize return on investment and safety. Benefits such as continuous plant performance monitoring capabilities, energy saving, and scope for proactive maintenance to reduce downtime have popularized DCS in Indian process industries.

"End users with disparate control, power management, and safety systems are looking for integrated solutions that enable improved inter-system communications," said the Research Analyst, Frost & Sullivan. "Next-generation integrated control, power management and safety systems are gaining acceptance in major process industries."

The replacement of ageing and obsolete control systems to enhance efficiency drives uptake, and the need to boost productivity and fully tap capacity utilisation in existing systems accelerates demand for brown field installations, retrofits and upgrades in the country. However, this demand is curbed to an extent due to high prices, as end users prefer cost-effective alternatives such as programmable logic controller, and supervisory control and data acquisition systems.

The perception that the cost of DCS is high, especially among end-user applications which require small DCS, adds to the challenge. The power, as well as oil and gas segments are expected to remain key consumers for the DCS market in India.

"Thus, automation companies need to employ a consultative approach to communicate the benefits of DCS and its effects on reliability and performance," noted the Analyst. "DCS suppliers that provide effective migration strategies to ensure a smooth transition, and build affordable solutions that cater to the specific requirements of small units will stand to gain over the competition."

If you are interested in a virtual brochure, which provides a brief synopsis of the research and a table of contents, then send an email to Priya George / Akshata Mhatre, Corporate Communications, at priyag[.]frost.com / akshatam[.]frost.com, with your full name, company name, title, telephone number, company email address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by email.

Analysis of the Distributed Control Systems (DCS) Market in India is part of the Industrial Automation & Process Control Growth Partnership Service program. Frost & Sullivan’s related research services include: Indian Centrifugal Compressors Market, Indian Bulk Material Handling Equipment Market, Indian Industrial Valves Market, Advanced Process Control and Process Optimization Market in India, and Indian Positive Displacement Compressors Market, among others. All research services included in subscriptions provide detailed market opportunities and industry trends evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, works in collaboration with clients to leverage visionary innovation that addresses the global challenges and related growth opportunities that will make or break today's market participants.

Our "Growth Partnership" supports clients by addressing these opportunities and incorporating two key elements driving visionary innovation: The Integrated Value Proposition and The Partnership Infrastructure.

The Integrated Value Proposition provides support to our clients throughout all phases of their journey to visionary innovation including: research, analysis, strategy, vision, innovation and implementation.
The Partnership Infrastructure is entirely unique as it constructs the foundation upon which visionary innovation becomes possible. This includes our 360 degree research, comprehensive industry coverage, career best practices as well as our global footprint of more than 40 offices.

For more than 50 years, we have been developing growth strategies for the global 1000, emerging businesses, the public sector and the investment community. Is your organization prepared for the next profound wave of industry convergence, disruptive technologies, increasing competitive intensity, Mega Trends, breakthrough best practices, changing customer dynamics and emerging economies?

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Analysis of the Distributed Control Systems (DCS) Market in India / P6AA-10

Media Contact:
Nimisha Iyer - Corporate Communications South Asia, Middle East & North Africa
M: +91 98200 50519, P: +91 22 6607 2004 - E: niyer[.]frost.com.

 
 
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Power and Oil & Gas Sectors Likely to Remain Core Consumers for Distributed Control Systems (DCS) in Indian Process Industries Finds Frost & Sullivan

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