Europe Distributed Control Systems Market Forecast to 2030 - Regional Analysis - by Component (Hardware, Software, and Services) and Industry (Power Generation, Oil and Gas, Pharmaceutical, Food and Beverages, Chemicals, and Others)

Description

List of Tables

The Europe distributed control systems market was valued at US$ 5,159.27 million in 2022 and is expected to reach US$ 7,371.21 million by 2030; it is estimated to register at a CAGR of 4.6% from 2022 to 2030.

Integration of New Technologies Fuels Europe Distributed Control Systems Market

By adopting modular and open architectures, DCS can be easily adapted to various applications and scaled up or down depending on specific needs. This flexibility caters to a wider range of customer demands and fosters market growth. Modern architectures promoting seamless integration with different devices and systems (e.g., PLCs, SCADA) create a more collaborative and data-driven control environment. This improved interoperability attracts customers seeking integrated solutions for complex processes, expanding the market potential. Further, integrating edge computing capabilities into DCS architecture allows for localized data processing and decision-making. This reduces network traffic, improves response times, and opens doors for applications such as real-time control and optimization, attracting customers seeking improved efficiency and performance.

The DCS is often a mission-critical system for industrial users. Moreover, it is a heavy investment; hence, replacing them every time a new technology comes along, that could have a profoundly beneficial impact on the user's business, is not practical or affordable. The future DCS will solve this obstacle by being more digital, more flexible. The aim is to enable a more innovative architecture that gives users the capability to improve the DCS without disrupting the process, effectively separating the core functions of the DCS from those that are less time- or process-critical. Thus, architectural development in DCS is expected to provide significant opportunities for the distributed control system market.

Europe Distributed Control Systems Market Overview

Europe's distributed control systems market is analyzed on the basis of trends across industries in Germany, France, Italy, the UK, Russia, and the Rest of Europe. Spain, Switzerland, the Netherlands, and Denmark are among the major countries in the Rest of Europe. These countries are technologically advanced, and the governments of the countries mentioned above continuously invest substantial amounts in adopting robust and enhanced technologies. In addition, awareness related to advanced technologies is higher among European individuals and industries; hence, several technology providers find it easy to trade their products, solutions, and services in Europe.

The European Union's (EU) target to drastically reduce greenhouse gas (GHG) emissions and raise the usage of carbon-neutral fuel systems to generate power is progressing steeply. For instance, in February 2024, European Commission announced that they are aiming to cut its net greenhouse gas pollution by 90% by 2040 as part of its mission to become the world's first climate-neutral continent. The continuous emphasis on the remodeling of power generation systems from conventional fuel to renewable sources (especially hydropower) is enabling the power generation industry players to procure technologically advanced systems and solutions to monitor, control/access, and protect equipment, thereby enhancing productivity. This factor is catalyzing the growth of the distributed control systems market in Europe. In addition, several European countries have experienced growth in the number of hydropower generation units in recent years, which is bolstering the growth of the distributed control systems market in Europe.

Europe Distributed Control Systems Market Revenue and Forecast to 2030 (US$ Million)

Europe Distributed Control Systems Market Segmentation

The Europe distributed control systems market is segmented based on component, industry vertical, and country.

Based on component, the Europe distributed control systems market distributed control systems market is segmented into hardware, software, and services. The hardware segment held the largest share in 2022.

In terms of industry, the Europe distributed control systems market distributed control systems market is segmented into power generation, oil and gas, pharmaceutical, food and beverages, chemicals, and other industries. The oil and gas segment held the largest share in 2022.

Based on country, the Europe distributed control systems market distributed control systems market is categorized into Germany, France, UK, Italy, Spain, and the Rest of Europe. Germany dominated the Europe distributed control systems market in 2022.

Key players operating in the Europe distributed control systems market are Honeywell International Inc, General Electric Co, ABB Ltd, Yokogawa Electric Corp, Toshiba Corp, Siemens AG, Emerson Electric Co, NovaTech LLC, Schneider Electric SE, and Rockwell Automation Inc are some of the leading companies operating in the Europe distributed control systems market.

Product Code: TIPRE00024498

1. Introduction

1.1 The Insight Partners Research Report Guidance
1.2 Market Segmentation

2. Executive Summary

2.1 Key Insights
2.2 Market Attractiveness

3. Research Methodology

3.1 Coverage
3.2 Secondary Research
3.3 Primary Research

4. Europe Distributed Control Systems Market Landscape

4.1 Overview
4.2 Ecosystem Analysis
- 4.2.1 List of Vendors in the Value Chain:

5. Europe Distributed Control Systems Market - Key Market Dynamics

5.1 Market Drivers
- 5.1.1 Growing Industrial Automation Worldwide
- 5.1.2 Growing Power and Energy Sector
- 5.1.3 Increasing Demand from Oil & Gas Industry
5.2 Market Restraints
- 5.2.1 High Capital Expenditure
- 5.2.2 Vulnerability to Cyberattacks
5.3 Market Opportunities
- 5.3.1 Construction of New Manufacturing Facilities
- 5.3.2 Architectural Development in DCS
5.4 Future Trends
- 5.4.1 Integration of New Technologies
5.5 Impact of Drivers and Restraints:

6. Distributed Control Systems Market - Europe Market Analysis

6.1 Europe Distributed Control Systems Market Revenue (US$ Million), 2022-2030
6.2 Europe Distributed Control Systems Market Forecast Analysis

7. Europe Distributed Control Systems Market Analysis - by Component

7.1 Hardware
- 7.1.1 Overview
- 7.1.2 Hardware: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
7.2 Software
- 7.2.1 Overview
- 7.2.2 Software: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
7.3 Services
- 7.3.1 Overview
- 7.3.2 Services: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)

8. Europe Distributed Control Systems Market Analysis - by Industry

8.1 Oil and Gas
- 8.1.1 Overview
- 8.1.2 Oil and Gas: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
8.2 Power Generation
- 8.2.1 Overview
- 8.2.2 Power Generation: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
8.3 Chemicals
- 8.3.1 Overview
- 8.3.2 Chemicals: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
8.4 Food and Beverages
- 8.4.1 Overview
- 8.4.2 Food and Beverages: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
8.5 Pharmaceutical
- 8.5.1 Overview
- 8.5.2 Pharmaceutical: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
8.6 Others
- 8.6.1 Overview
- 8.6.2 Others: Europe Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)

9. Europe Distributed Control Systems Market -Country Analysis

9.1 Europe
- 9.1.1 Europe Distributed Control Systems Market Overview
- 9.1.2 Europe: Distributed Control Systems Market - Revenue and Forecast Analysis - by Country
  - 9.1.2.1 Europe: Distributed Control Systems Market - Revenue and Forecast Analysis - by Country
  - 9.1.2.2 France: Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.2.2.1 France: Distributed Control Systems Market Breakdown, by Component
    - 9.1.2.2.2 France: Distributed Control Systems Market Breakdown, by Industry
  - 9.1.2.3 Germany: Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.2.3.1 Germany: Distributed Control Systems Market Breakdown, by Component
    - 9.1.2.3.2 Germany: Distributed Control Systems Market Breakdown, by Industry
  - 9.1.2.4 United Kingdom: Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.2.4.1 United Kingdom: Distributed Control Systems Market Breakdown, by Component
    - 9.1.2.4.2 United Kingdom: Distributed Control Systems Market Breakdown, by Industry
  - 9.1.2.5 Italy: Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.2.5.1 Italy: Distributed Control Systems Market Breakdown, by Component
    - 9.1.2.5.2 Italy: Distributed Control Systems Market Breakdown, by Industry
  - 9.1.2.6 Russian Federation: Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.2.6.1 Russian Federation: Distributed Control Systems Market Breakdown, by Component
    - 9.1.2.6.2 Russian Federation: Distributed Control Systems Market Breakdown, by Industry
  - 9.1.2.7 Rest of Europe: Distributed Control Systems Market - Revenue and Forecast to 2030 (US$ Million)
    - 9.1.2.7.1 Rest of Europe: Distributed Control Systems Market Breakdown, by Component
    - 9.1.2.7.2 Rest of Europe: Distributed Control Systems Market Breakdown, by Industry

10. Competitive Landscape

10.1 Heat Map Analysis By Key Players
10.2 Company Positioning & Concentration

11. Industry Landscape

11.1 Overview
11.2 Market Initiative
11.3 New Product Development

12. Company Profiles

12.1 Honeywell International Inc
- 12.1.1 Key Facts
- 12.1.2 Business Description
- 12.1.3 Products and Services
- 12.1.4 Financial Overview
- 12.1.5 SWOT Analysis
- 12.1.6 Key Developments
12.2 General Electric Co
- 12.2.1 Key Facts
- 12.2.2 Business Description
- 12.2.3 Products and Services
- 12.2.4 Financial Overview
- 12.2.5 SWOT Analysis
- 12.2.6 Key Developments
12.3 ABB Ltd
- 12.3.1 Key Facts
- 12.3.2 Business Description
- 12.3.3 Products and Services
- 12.3.4 Financial Overview
- 12.3.5 SWOT Analysis
- 12.3.6 Key Developments
12.4 Yokogawa Electric Corp
- 12.4.1 Key Facts
- 12.4.2 Business Description
- 12.4.3 Products and Services
- 12.4.4 Financial Overview
- 12.4.5 SWOT Analysis
- 12.4.6 Key Developments
12.5 Toshiba Corp
- 12.5.1 Key Facts
- 12.5.2 Business Description
- 12.5.3 Products and Services
- 12.5.4 Financial Overview
- 12.5.5 SWOT Analysis
- 12.5.6 Key Developments
12.6 Siemens AG
- 12.6.1 Key Facts
- 12.6.2 Business Description
- 12.6.3 Products and Services
- 12.6.4 Financial Overview
- 12.6.5 SWOT Analysis
- 12.6.6 Key Developments
12.7 Emerson Electric Co
- 12.7.1 Key Facts
- 12.7.2 Business Description
- 12.7.3 Products and Services
- 12.7.4 Financial Overview
- 12.7.5 SWOT Analysis
- 12.7.6 Key Developments
12.8 NovaTech LLC
- 12.8.1 Key Facts
- 12.8.2 Business Description
- 12.8.3 Products and Services
- 12.8.4 Financial Overview
- 12.8.5 SWOT Analysis
- 12.8.6 Key Developments
12.9 Schneider Electric SE
- 12.9.1 Key Facts
- 12.9.2 Business Description
- 12.9.3 Products and Services
- 12.9.4 Financial Overview
- 12.9.5 SWOT Analysis
- 12.9.6 Key Developments
12.10 Rockwell Automation Inc
- 12.10.1 Key Facts
- 12.10.2 Business Description
- 12.10.3 Products and Services
- 12.10.4 Financial Overview
- 12.10.5 SWOT Analysis
- 12.10.6 Key Developments

13. Appendix

13.1 About The Insight Partners
13.2 Word Index