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Today's Automation News Headlines from Automation.com
| ARC says DCS market coming back | ||
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October 23, 2011- ARC Advisory Group says the DCS (distributed control system) market in 2010 rebounded from 2009; the overall market for DCS increased by 3.3 percent, ARC forecasts that market growth, while improved compared with 2009, will not reach peak 2008 levels until next year, and then will resume normal slow but steady growth. The increase in new projects in the heavy process industries such as oil & gas and petrochemical, as well as a resurgence in power generation projects, helped to drive global demand for DCS in 2010. Many of the larger projects that contributed to 2010 growth were booked throughout 2009. The report also notes that the DCS business has continued to be primarily a services business over the past few years, with combined project, engineering and operational services accounting for more than half of total revenues. In particular, the Main Automation Contractor (MAC) approach, in which the automation vendor manages the overall project and includes a strong project execution and services component, continues to grow stronger and expand in scope. ABB booked a number of large process industry and power generation orders, which included major greenfield projects as well as system upgrades and expansions for existing installations. ABB retained its leading worldwide market position in this core automation market. |
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