ABB retains leading distributed control system market share

According to the study, the DCS (distributed control system) market in 2010 rebounded from 2009; the overall market for DCS (distributed control system) increased by 3.3 percent, in part due to an increase of new projects in the heavy process industries.Many of the larger projects that contributed to 2010 growth were booked throughout 2009. ABB booked a number of large process industry and power generation orders, which included major greenfield projects as well as system upgrades and expansions for existing installations.According to the study, ABB was also the regional market share leader for Latin America, Europe/Mid East/Africa (EMEA), and the worldwide leader in key global verticals including pulp and paper.The report also notes that the DCS business has continued to be primarily a services business over the past few years, with combined project, engineering and operational services accounting for more than half of total revenues. /AA