Indian DCS market grows

The Indian DCS market grew at 20% compound over the past three years and is predicted to grow at just under 15.2% compound between now and 2012, according to ARC’s newly published ‘Distributed Control Systems Outlook for India.’ Driving the continued growth will be ongoing investment in power generation with the planned addition of 78,000 MW of capacity between 2008 and 2013. This investment will include both coastal and pit-head Ultra Mega Power Projects (UMPPs) and captive power plants (CPPs) established by process industry manufacturers. Demand for DCSs from the power segment will range from small to large systems, requiring suppliers to establish strategic alliances with global and domestic EPCs and turnkey contractors. ARC has also published a new report predicting that the $1.0bn Chinese high power AC drive market will grow to nearly $1.9bn by 2012.