Canada Distributed Control System Market Set to reach USD 3.65 billion by 2030

According to the study by Next Move Strategy Consulting, Canada Distributed Control System (DCS) Market is predicted to reach USD 3.65 billion with a CAGR of 6.2% till 2030.

DCSs are high in demand as a result of expanding government activities in the nation to adopt green technology and lower greenhouse gas emissions. For instance, in October 2020, the Strategic Innovation Fund (SIF) was established by the government of Canada with the intention of fostering and accelerating innovation in technologies.

The oil & gas industry is one of the largest end-users of DCS in Canada. Canada has significant reserves of oil & gas, and the industry is a crucial contributor to its economy. 

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