𝗪𝗵𝘆 𝗛𝗼𝗻𝗲𝘆𝘄𝗲𝗹𝗹 𝗮𝗻𝗱 𝗔𝗕𝗕 𝗥𝗲𝗶𝗴𝗻 𝗦𝘂𝗽𝗿𝗲𝗺𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗖𝗦 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆
According to Next Move Strategy Consulting analysis the global distributed control system (DCS) market valued at 29.01 billion in 2023 is expected to grow 1.5 times by reaching 44.05 billion till 2030. This growth is driven by the increasing role of DCS in managing the generation, storage, and distribution of electricity from renewable sources such as wind, solar, and hydropower. As the use of renewable energy sources rises, the power grid becomes more distributed and complex, underscoring the need for DCS to effectively integrate and manage these diverse energy inputs. Additionally, the expansion of the manufacturing and processing sectors is fuelling demand for advanced control systems that optimize production processes and enhance efficiency. Technological advancements, including the Internet of Things (IoT) and artificial intelligence (AI), are further boosting the capabilities and power of DCS systems.
According to Next Move Strategy Consulting analysis the global distributed control system (DCS) market valued at 29.01 billion in 2023 is expected to grow 1.5 times by reaching 44.05 billion till 2030. This growth is driven by the increasing role of DCS in managing the generation, storage, and distribution of electricity from renewable sources such as wind, solar, and hydropower. As the use of renewable energy sources rises, the power grid becomes more distributed and complex, underscoring the need for DCS to effectively integrate and manage these diverse energy inputs. Additionally, the expansion of the manufacturing and processing sectors is fuelling demand for advanced control systems that optimize production processes and enhance efficiency. Technological advancements, including the Internet of Things (IoT) and artificial intelligence (AI), are further boosting the capabilities and power of DCS systems.
𝗪𝗵𝘆 𝗛𝗼𝗻𝗲𝘆𝘄𝗲𝗹𝗹 𝗮𝗻𝗱 𝗔𝗕𝗕 𝗥𝗲𝗶𝗴𝗻 𝗦𝘂𝗽𝗿𝗲𝗺𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗚𝗹𝗼𝗯𝗮𝗹 𝗗𝗖𝗦 𝗜𝗻𝗱𝘂𝘀𝘁𝗿𝘆
According to Next Move Strategy Consulting analysis the global distributed control system (DCS) market valued at 29.01 billion in 2023 is expected to grow 1.5 times by reaching 44.05 billion till 2030. This growth is driven by the increasing role of DCS in managing the generation, storage, and distribution of electricity from renewable sources such as wind, solar, and hydropower. As the use of renewable energy sources rises, the power grid becomes more distributed and complex, underscoring the need for DCS to effectively integrate and manage these diverse energy inputs. Additionally, the expansion of the manufacturing and processing sectors is fuelling demand for advanced control systems that optimize production processes and enhance efficiency. Technological advancements, including the Internet of Things (IoT) and artificial intelligence (AI), are further boosting the capabilities and power of DCS systems.
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