Middle East and Africa Distributed Control Systems Market Forecast to 2028 - COVID-19 Impact and Regional Analysis By Component (Hardware, Software, and Services) and Industry Vertical (Power Generation, Oil and Gas, Pharmaceutical, Food and Beverages, Chemicals, and Other Industries)
Market Introduction
The analysis of the distributed control systems market in the MEA is further segmented into Saudi Arabia, UAE, South Africa, and Rest of the MEA. These countries are witnessing growth in terms of new technology adoption, power generation and distribution, and oil & gas, among others. The Middle East countries are reflecting the ever-growing demand for power generation and supply, and due to this, the governments are emphasizing heavily on adopting newer technologies in these industries. Currently, natural gas is the most prominent source of power generation in the region, however, renewable sources are anticipated to outpace it in the coming years. Governments of the UAE, Saudi Arabia, and Qatar, among others, are seeking to encourage the deployment of DCS in the power generation plants to gather information on customer usage patterns; control electricity flow; prevent theft, fraud, and other illegal activities; mitigate loss; and encourage regulatory compliance, thereby addressing the growing demand for electricity. On the other hand, the African countries are striving hard to establish a proper electricity generation infrastructure and supply channels. Political instability, weaker economies, and illegal activities are among the parameters restraining the growth of several industries in the region. However, financially stable countries such as South Africa, Egypt, and Nigeria are procuring advanced solutions to bridge the demand and supply gap. Moreover, governments are attracting foreign direct investments (FDIs), which is propelling the adoption of newer technologies in these countries. Thus, with the growth of advanced systems and technologies in these countries, the demand for DCS is also expected to rise during the forecast period.
In case of COVID-19, MEA is highly affected especially South Africa followed by the UAE, Egypt, Morocco, and Kuwait. The lockdown hindered the operations of various industries, including manufacturing and IT. However, essential industries such as fast-moving consumer goods (FMCG) and pharmaceutical had to continue their operations. Various big construction projects, including airport modification and expansion, were also halted due to the pandemic, specifically in countries such as the UAE and Saudi Arabia. In order to deal with the pandemic, countries have been compelled to redirect funds to improve their healthcare infrastructure. As a result, the demand for distributed controlled systems in the various industry is dwindling. As a result, the COVID-19 pandemic is limiting the demand development of distributed control systems in the MEA.
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Market Overview and Dynamics
The MEA distributed control systems market is expected to grow from US$ 950.04 million in 2021 to US$ 1,277.88 million by 2028; it is estimated to grow at a CAGR of 4.3% from 2021 to 2028. With the rapid pace of industrialization and economic development, the demand for electricity is rising at an impressive pace. Electricity is one of the most widely used energy sources on the planet, and it is predicted to continue to dominate energy consumption over the forecast period. Because of developments in power infrastructure, upgrades to ageing infrastructure, constant changes in energy requirements, and an emphasis on clean energy initiatives and urbanization, the power sector in region is attracting more investments than the oil and gas sectors. In the future years, the majority of countries electricity growth will come from advancements in developing countries, which will boost need for more power generation. The burgeoning demand for power is credited to rapid economic development, industrialization, and population growth as well as due to growing government support for electrification. In addition, the growing demand for cooling and heating applications in, both, residential and industrial sectors is driving the electricity demand. Thus, rising electricity demands are driving the adoption of distributed control systems across MEA region.
Key Market Segments
In terms of component, the software segment accounted for the largest share of the MEA distributed control systems market in 2020. In terms of industry vertical, the oil and gas segment held a larger market share of the MEA distributed control systems market in 2020.
Major Sources and Companies Listed
A few major primary and secondary sources referred to for preparing this report on the MEA distributed control systems market are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are ABB Ltd.; Emerson Electric Co.; General Electric Company; Honeywell International Inc.; Rockwell Automation, Inc.; Schneider Electric SE; Siemens AG; Toshiba Corporation; and Yokogawa Electric Corporation.
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- To understand the MEA distributed control systems market landscape and identify market segments that are most likely to guarantee a strong return
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MEA Distributed Control Systems Market Segmentation
MEA Distributed Control Systems Market - By Component
- Hardware
- Software
- Services
MEA Distributed Control Systems Market - By Industry Vertical
- Power Generation
- Oil and Gas
- Pharmaceutical
- Food and Beverages
- Chemicals
- Other Industries
MEA Distributed Control Systems Market - By Country
- South Africa
- Saudi Arabia
- UAE
- Rest of MEA
MEA Distributed Control Systems Market - Company Profiles
- ABB Ltd.
- Emerson Electric Co.
- General Electric Company
- Honeywell International Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba Corporation
- Yokogawa Electric Corporation
TABLE OF CONTENTS
1. Introduction
1.1 Scope of the Study
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
1.3.1 MEA Distributed Control Systems Market – By Component
1.3.2 MEA Distributed Control Systems Market – By Industry Vertical
1.3.3 MEA Distributed Control Systems Market – By Country
2. Key Takeaways
3. Research Methodology
3.1 Coverage
3.2 Secondary Research
3.3 Primary Research
4. MEA Distributed Control Systems Market - Market Landscape
4.1 Market Overview
4.2 MEA PEST Analysis
4.3 Ecosystem Analysis
4.4 Expert Opinions
5. MEA Distributed Control Systems Market – Market Dynamics
5.1 Key Market Drivers
5.1.1 Surging Growth of Industrial Infrastructure and Growing Focus on Automation
5.1.2 Escalating Demand of Electricity
5.1.3 Burgeoning Labor Costs and Need for Accuracy in Production
5.2 Key Market Restraints
5.2.1 Significant Capital Requirement
5.3 Key Market Opportunities
5.3.1 Emergence of Smart Cities and Development of Infrastructure
5.4 Future Trends
5.4.1 Merging Industrial IoT (IIoT) and Artificial Intelligence
5.5 Impact Analysis of Drivers and Restraints
6. Distributed Control Systems Market – MEA Analysis
6.1 Overview
6.2 MEA Distributed Control Systems Market Revenue and Forecast to 2028 (US$ Million)
7. MEA Distributed Control Systems Market Analysis – By Component
7.1 Overview
7.2 MEA Distributed Control Systems Market Breakdown, by Component, 2020 & 2028
7.3 Hardware
7.3.1 Overview
7.3.2 Hardware Market Revenue and Forecast to 2028 (US$ Million)
7.4 Software
7.4.1 Overview
7.4.2 Software Market Revenue and Forecast to 2028 (US$ Million)
7.5 Services
7.5.1 Overview
7.5.2 Services Market Revenue and Forecast to 2028 (US$ Million)
8. MEA Distributed Control Systems Market Analysis – By Industry Vertical
8.1 Overview
8.2 MEA Distributed Control Systems Market Breakdown, By Industry Vertical, 2020 & 2028
8.3 Power Generation
8.3.1 Overview
8.3.2 Power Generation Market Revenue and Forecast to 2028 (US$ Million)
8.4 Oil & Gas
8.4.1 Overview
8.4.2 Oil & Gas Market Revenue and Forecast to 2028 (US$ Million)
8.5 Pharmaceutical
8.5.1 Overview
8.5.2 Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)
8.6 Food & Beverages
8.6.1 Overview
8.6.2 Food & Beverages Market Revenue and Forecast to 2028 (US$ Million)
8.7 Chemicals
8.7.1 Overview
8.7.2 Chemicals Market Revenue and Forecast to 2028 (US$ Million)
8.8 Other Industries
8.8.1 Overview
8.8.2 Other Industries Market Revenue and Forecast to 2028 (US$ Million)
9. MEA Distributed Control Systems Market – Country Analysis
9.1 Overview
9.1.1 MEA: Distributed Control Systems Market Revenue and Forecast, by Country
9.1.1.1 South Africa: Distributed Control Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.1.1 South Africa Distributed Control Systems Market Breakdown, by Component
9.1.1.1.2 South Africa Distributed Control Systems Market Breakdown, by Industry Vertical
9.1.1.2 Saudi Arabia: Distributed Control Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.2.1 Saudi Arabia: Distributed Control Systems Market Breakdown, by Component
9.1.1.2.2 Saudi Arabia: Distributed Control Systems Market Breakdown, by Industry Vertical
9.1.1.3 UAE: Distributed Control Systems Market – Revenue and Forecast to 2028 (US$ Million)
9.1.1.3.1 UAE: Distributed Control Systems Market Breakdown, by Component
9.1.1.3.2 UAE: Distributed Control Systems Market Breakdown, by Industry Vertical
9.1.1.4 Rest of MEA: Distributed Control Systems Market, Revenue and Forecast to 2028 (US$ Million)
9.1.1.4.1 Rest of MEA: Distributed Control Systems Market Breakdown, by Component
9.1.1.4.2 Rest of MEA: Distributed Control Systems Market Breakdown, by Industry Vertical
10. MEA Distributed Control Systems Market- COVID-19 Impact Analysis
10.1 MEA
11. Industry Landscape
11.1 Overview
11.2 Market Initiative
11.3 Merger and Acquisition
11.4 New Development
12. Company Profiles
12.1 ABB Ltd.
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 Emerson 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 General Electric Company
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 roducts and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Honeywell International Inc.
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 Rockwell Automation, Inc.
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 Schneider Electric SE
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 Siemens AG
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 Toshiba Corporation
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 Yokogawa Electric Corporation
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
13. Appendix
13.1 About The Insight Partners
13.2 Glossary of Terms
LIST OF TABLES
Table 1. MEA Distributed Control Systems Market Revenue and Forecast to 2028 (US$ Million)
Table 2. MEA: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Country (US$ Million)
Table 3. South Africa: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Component (US$ Million)
Table 4. South Africa: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ Million)
Table 5. Saudi Arabia: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Component (US$ Million)
Table 6. Saudi Arabia: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ Million)
Table 7. UAE: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Component (US$ Million)
Table 8. UAE: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ Million)
Table 9. Rest of MEA: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Component (US$ Million)
Table 10. Rest of MEA: Distributed Control Systems Market, Revenue and Forecast to 2028 - By Industry Vertical (US$ Million)
Table 11. Glossary of Terms
LIST OF FIGURES
Figure 1. MEA Distributed Control Systems Market Segmentation
Figure 2. MEA Distributed Control Systems Market Segmentation – By Country
Figure 3. MEA Distributed Control Systems Market Overview
Figure 4. Software Segment Held the Largest Market Share in 2020
Figure 5. Oil and Gas Segment Held the Largest Market Share in 2020
Figure 6. Rest of MEA Held the Largest Market Share in 2020
Figure 7. MEA – PEST Analysis
Figure 8. Expert Opinion
Figure 9. MEA Distributed Control Systems Market Impact Analysis of Drivers and Restraints
Figure 10. MEA Distributed Control Systems Market Revenue and Forecast To 2028 (US$ Million)
Figure 11. MEA Distributed Control Systems Market Breakdown, by Component, 2020 & 2028 (%)
Figure 12. MEA Hardware Market Revenue and Forecast to 2028 (US$ Million)
Figure 13. MEA Software Market Revenue and Forecast to 2028 (US$ Million)
Figure 14. MEA Services Market Revenue and Forecast to 2028 (US$ Million)
Figure 15. MEA Distributed Control Systems Market Breakdown, By Industry Vertical, 2020 & 2028 (%)
Figure 16. MEA Power Generation Market Revenue and Forecast to 2028 (US$ Million)
Figure 17. MEA Oil & Gas Market Revenue and Forecast to 2028 (US$ Million)
Figure 18. EA Pharmaceutical Market Revenue and Forecast to 2028 (US$ Million)
Figure 19. MEA Food & Beverages Market Revenue and Forecast to 2028 (US$ Million)
Figure 20. MEA Chemicals Market Revenue and Forecast to 2028 (US$ Million)
Figure 21. MEA Other Industries Market Revenue and Forecast to 2028 (US$ Million)
Figure 22. MEA: Distributed Control Systems Market, by Key Country – Revenue (2020) (USD Million)
Figure 23. MEA: Distributed Control Systems Market, by Country, 2020 & 2028 (%)
Figure 24. South Africa: Distributed Control Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 25. Saudi Arabia: Distributed Control Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 26. UAE: Distributed Control Systems Market – Revenue and Forecast to 2028 (US$ Million)
Figure 27. Rest of MEA: Distributed Control Systems Market, Revenue and Forecast to 2028 (US$ Million)
Figure 28. Impact of COVID-19 Pandemic in MEA Country Markets
- ABB Ltd.
- Emerson Electric Co.
- General Electric Company
- Honeywell International Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Siemens AG
- Toshiba Corporation
- Yokogawa Electric Corporation
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