ARC expects there to be continued growth in the global DCS market through 2012, with the overall CAGR of just under 10 percent. This may seem like an overzealous growth projection to some, but the process automation market remains poised for long-term growth on several fronts that we believe will be sustainable for the next several years, according to ARC Research Director Larry O’Brien, the principal author of ARC’s “Distributed Control Systems Worldwide Outlook”.
Despite global economic uncertainty, the market for process manufacturing and automation remains strong. Nowhere is this more evident than the global DCS market, which grew by almost 13 percent between 2006 and 2007.
Source: ArcWeb
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