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China Distributed Control System Market Set to reach USD 3.51 billion by 2030
China Distributed Control System Market Set to reach USD 3.51 billion by 2030
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According to Next Move Strategy Consulting, China Distributed Control System (DCS) Market is predicted to reach USD 3.51 billion with a CAGR of 6.2% till 2030.
The market for DCS is driven by several factors that include government initiatives, and automation in industries such as oil and gas, manufacturing, power generation, and chemicals.
DCS systems are inclined to cyberattacks as they are networked and computerized. Cybercriminals can gain unauthorized access to DCS systems, compromise sensitive data, and disrupt critical infrastructure, causing significant financial losses and reputational
damage.
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