Frost and Sullivan: Increase in manufacturing activity across industries in Middle East to boost demand for distributed control systems

Analysis of the Middle East Distributed Control System Market, finds that the market earned revenues in excess of $700.0m in 2011 and expects this to cross $1.0bn by 2016.

"As the population of the Middle East increases, the demand for power and water will rise concurrently," said Frost & Sullivan Industry Analyst for Industrial Automation & Process Control Practice.

"Consequently, the power generation and desalination, and water and wastewater industries are likely to witness significant demand, stoking the growth of the DCS market," Frost & Sullivan Analyst added.

Further, the consistently high average price of oil due to increasing global demand and the need to sustain existing oil reserves in the region will compel oil exploration companies to consider more efficient exploration processes. DCS will play a major role in optimising the entire process and enhancing the overall operation.

The Middle East DCS market will also benefit from industrial plants' need to replace outdated and inefficient control systems. New systems facilitate better asset management, tighten production cost control, increase process efficiency and productivity, as well as lower labor and raw material costs. Many plant owners are expected to invest in capital/technology such as DCS that allows them to reduce production costs and increase profit margins.

"However, the market also has to contend with project delays caused by the political instability in the region," noted Frost & Sullivan Analyst. "Automation vendors have to focus on the Gulf Cooperation Council (GCC) countries namely Saudi Arabia, the UAE, Kuwait, and Qatar, which are politically stable and offer strong potential for growth," Frost & Sullivan Analyst added.

Analysis of the Middle East Distributed Control System Market is part of the Industrial Automation & Process Control Growth Partnership Services program, which also includes research in the following markets: Analysis of the GCC and Egypt Process Transmitters Market and Analysis of GCC and Egypt Industrial Pumps Market.

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