Distributed Control System (DCS) Market
A distributed control system (DCS), to control distributed processes or manufacturing systems, is a control system for a process or plant, wherein control elements are decentralized and distributed throughout the system. This is in contrast to non-distributed systems, which use a single controller at a central location. In a DCS, a hierarchy of controllers is connected by communications networks for command and monitoring. They offer flexibility, extended equipment life, simplicity of new equipment integration, and centralized maintenance when used in an industrial environment.
This report elaborates the market size, market characteristics, and market growth of the Distributed Control System (DCS) industry, and breaks down according to the type, application, and consumption area of Distributed Control System (DCS). The report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the ind
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Zmorph has released a new product in its portfolio, the industrial 3D printer Zmorph i500. The company rebranded last year to focus on the industrial market, and its R&D team has now developed this professional, high-performance 3D printer that responds to the most common problems the industrial 3D printing sector faces, with new features, all available at a reasonable price.
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BriefingWire.com, 4/26/2021 - Facto Market Insights as of late distributed statistical surveying report on the worldwide Industrial Controls Market to its assortment of statistical surveying reports. The exploration report covers point by point examination of market measuring and anticipating of the market covering the market drivers, challenges, opportunity investigation, and patterns, alongside different key bits of knowledge in the worldwide market. The examination report additionally incorporates the investigation of territorial producers and new market players, covering all the data reasonable for the customers to settle on essential business choices in the business.
The global Digital Process Automation (DPA ) market size is projected to reach USD 11770 million by 2026, from USD 6451.8 million in 2019, at a CAGR of 8.5% during 2021-2026.
Major factors driving the growth of digital process automation market size are:
Digital process automation improves efficiency, reduces costs, and provides much needed flexibility during uncertain business environments.
The increase in cloud-based digital process automation solutions and services fuels the growth of the market.
Greater visibility in identifying areas for business improvement and making agile changes when needed and consistent performance one digitized is propelling the DPA market.
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TRENDS INFLUENCING THE DIGITAL PROCESS AUTOMATION MARKET SIZE
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