Focus on operational excellence compels adoption of DCS Market in Indian
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 (http://www.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 e-mail to Priya George / Akshata Mhatre, Corporate Communications, at priyag@frost.com / akshatam@frost.com, with your full name, company name, title, telephone number, company e-mail address, company website, city, state and country. Upon receipt of the above information, a brochure will be sent to you by e-mail.
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