ARC names ABB number one Distributed Control Systems supplier
Leading automation industry analyst ARC recently released their Distributed Control Systems (DCS) Worldwide Outlook, a detailed market analysis and forecast through the year 2008. In the report, ABB retained its #1 position as the leading DCS supplier worldwide and also retained significant market share over competitors in the oil and gas, refining and pharmaceuticals industries.
According to the report, the DCS market has returned to recovery, prompting ARC to scale up its growth estimates for the industry to nearly four percent compounded annual growth between 2003 and 2008. ARC believes a primary growth driver for the DCS market is the increasing role of automation services, which are being outsourced more frequently to automation suppliers than in the past.
Click here to link to the ARC web site.
Last edited 2004-12-20