India Is an Attractive Growth-Oriented Market for DCS This study provides an in-depth analysis of the Distributed Control Systems (DCS) business in India. In addition to market analysis and forecasts, the study also covers the strategic issues that influence the market, currently and in the future.
India, which has emerged as one of the world’s fastest growing economies, spurs the growth of the country’s manufacturing sector including process industries. With the country in the midst of augmenting production capacity in almost all major industries, such as electric power, metals and mining, refining, and others, India offers excellent growth opportunities for DCS suppliers. At this point of India’s economic development, the country is well poised to support manufacturing growth over the coming decade or even longer.
The country’s sustainable growth prospects and the potential that it offers for almost all manufacturing verticals to expand encourage DCS suppliers to increase their focus on the Indian market. While it is payback time for existing DCS suppliers, new players are entering the market.
The report identifies the leading DCS suppliers and their market shares. It analyzes the impact of the recent global economic crisis on India’s economy and its manufacturing sector. The report also provides industry wise growth forecasts.
Strategic Issues
The Indian economy’s current upbeat mood, its sustainable growth prospects in the near and long term, and the expansion of the country’s process industries make the country an attractive growth-oriented market for DCS suppliers. However, only those suppliers who are willing to understand the market dynamics and its nuances, spot emerging opportunities and respond appropriately, and address customer needs will emerge as the ultimate winners. This report discusses the challenges and nuances of India’s DCS market and recommends appropriate strategies that would help DCS suppliers to capture the growth opportunities that the market offers.
