Research and Markets (http://www.researchandmarkets.com/research/ml832j/distributed) has announced the addition of the "Distributed Control System Market in China 2011-2015" report to their offering.
TechNavio's analysts forecast the Distributed Control System market in China to grow at a CAGR of 9.56 percent over the period 2011-2015. One of the key factors contributing to this market growth is the steady transition from legacy systems to DCS solutions. The Distributed Control System market in China has also been witnessing the emergence of open-source DCS solutions. However, increasing end-user concerns about security issues could pose a challenge to the growth of this market.
Other vendors mentioned in the report: Emerson Process Management, Hollysys Automation Technologies Ltd., Shanghai XInhua Control Technology (Group) Co. Ltd., Yokogawa Electric Corp., Guodian Zhishen Co. Ltd.
Commenting on the report, an analyst from TechNavio's Engineering team said: ''Small and medium-sized enterprises (SMEs) and other infrequent users of Distributed Control System (DCS) software are increasingly adopting open-source DCS software. This is mainly owing to the cost benefit of using open-source software. Most of the open-source DCS solutions are affordable and contain the basic features that are needed and often used by SMEs. However, open-source vendors cannot compete with the vendors of high-end commercial DCS solutions. Nevertheless, a considerable amount of market share has been taken by open-source vendors, especially in the SME segment.''
According to the report, with the rise in globalization, several organizations across the provinces in China are increasingly adopting DCS solutions. The effective deployment of DCS solutions helps organizations in optimizing the utilization of their resources with effective control systems. It also enables organizations to reduce their downtime errors significantly, thereby enabling them to respond more quickly to customer demands. Thus, several organizations across industries are migrating from legacy systems to DCS solutions. Especially, many Process industries such as Food and Beverage are moving toward DCS solutions from standalone applications.
For more information visit http://www.researchandmarkets.com/research/ml832j/distributed.