Keywords: Distributed Control Systems, Automation, Southeast Asia, Urbanization, Virtualization, Infrastructure
ARC Advisory Group’s recent market research study provides an incisive perspective on the market for distributed control systems in Southeast Asia. According to the study, the market for DCS is expected to experience good levels of growth over the next five years as the expanding needs for infrastructure, energy, and consumer goods propel new and necessary investments across the process industries.
Industrialization has been an important driver of this growth in Southeast Asia. The rise in industrialization has also brought about an increase in the number of people driving cars, choosing convenience foods, taking modern medicines, and desiring brand-name personal care items and other accoutrements that make up the consumer lifestyle. “The growth in industrialization will be a major driving factor for the growth of distributed control systems in Southeast Asia. The next five years will prove beneficial for the suppliers in this market,” according to ARC Advisory Group’s Southeast Asia General Manager, Bob Gill, the principal author of ARC’s “Distributed Control Systems for Southeast Asia Market Research Study”.
Urbanization and Infrastructure
In line with the global developing-world trend, more and more people in Southeast Asia are moving from small towns and villages to live and work in cities. Currently, some 138 million of the region’s population lives in cities of more than 200,000 inhabitants, and this number is expected to swell by 54 million over the next decade.
The consequent growth of cities coupled with the existing anemic level of infrastructure in many parts of Southeast Asia necessitates investment in areas, such as power and energy, roads, transportation, telecommunications, and residential and commercial buildings.
Virtualization
This is one of the biggest technology trends driving industry today. Virtualization refers to the separation of an IT resource (computing, networking, storage, etc.) from specific physical hardware. Several years ago, DCS suppliers began incorporating server virtualization in their systems. Currently, virtualization is not appropriate for all parts of the DCS. Sometimes, dedicated hardware will still perform a given task better than a virtual server will.
With the evolving technology and the immense growth predicted in this sector, making well informed business decisions becomes critical. This study by ARC offers insights and forecasts that help in making the right choices.
For more information on this study, please visit our Market Research section.