Blockchain Press Releases
Distributed Control System Market worth $26.7 billion by 2028 – Exclusive Report by MarketsandMarkets™
CHICAGO, July 25, 2023 /PRNewswire/ — Distributed Control System Market is projected to reach USD 26.7 billion in 2028 from USD 19.9 billion in 2023 at a CAGR of 6.1% according to a new report by MarketsandMarkets™. A distributed control system (DCS) is an industrial automation solution widely utilized in process industries. Its main function is to enable plant control through a network of supervisory and control elements distributed throughout the facility. DCS is commonly employed in industries like food & beverages, pharmaceuticals, and petrochemicals, where it efficiently manages manufacturing processes. These industries often involve continuous or complex batch-oriented production methods, and DCS effectively oversees and optimizes these processes for enhanced efficiency and productivity.
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Distributed Control System Market Scope:
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Report Coverage  |
Details |
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Market Size |
USD 26.7 billion in 2028 |
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Growth Rate |
6.1% of CAGR |
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Largest Market |
Asia Pacific |
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Market Dynamics |
Drivers, Restraints, Opportunities & Challenges |
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Forecast Period |
2023-2028 |
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Forecast Units |
Value (USD Million/USD Billion) |
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Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
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Segments Covered |
Distributed Control System Market by Shipment Scale, Component, Application, End-Use industry, and Region. |
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Geographies Covered |
Asia Pacific, North America, Europe, South America, Middle East, and Africa. |
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Report Highlights |
Updated financial information / product portfolio of players |
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Key Market Opportunities |
Replacement of aging grid infrastructure and the need for reliable T&D networks |
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Key Market Drivers |
Growing investments in power generation, specifically from renewable energy sources |
The Services segment, by component, is expected to grow at the highest CAGR during the forecast period.
Based on component, the Distributed Control System Market has been segmented into software, hardware, and services. During the forecast period, the services segment is projected to experience the highest growth in the Distributed Control System (DCS) market. DCS services encompass a wide range of offerings, such as maintenance, installation, upgrades, plant asset management, alarm management, lifecycle services, migration services, consulting, simulation, training services, and technical assistance. The growing demand for plant optimization in various industries is a significant driver for the expansion of the services segment in the DCS market. As industries strive to enhance their operational efficiency and productivity, the need for expert services to implement, maintain, and optimize DCS solutions becomes increasingly essential, contributing to the rapid growth of this segment.
The Power Generation segment, by end-use industry, is expected to be the second largest segment during the forecast period
This report segments the Distributed Control System Market based on application into eight segments: Oil & Gas, Power Generation, Chemicals, Food & Beverages, Pharmaceutical, Metals & Mining, Paper & Pulp, and Others. Power Generation segment is expect to hold the second largest share during the forecast period. The growth is attributed by the increasing foreign investments in upgradation and modernization of power grid infrastructure especially in Asia Pacific, North America and Europe region. The distributed control systems (DCS) plays an crucial role in this modernization effort by enabling advanced automation and control capabilities within the power grid. Further, distributed control systems are used in coal-fired power plants, gas-fired power plants, nuclear plants, hydropower plants, solar power plants, and wind power plants for process automation due to their ability to integrate PLCs, third-party controls, safety systems, and turbomachinery controls.
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Asia Pacific is expected to be the largest region in the Distributed Control System Industry
Asia Pacific is expected to be the largest Distributed Control System Market during the forecast period. The Asia Pacific region, comprising major economies such as China, India, Japan, and South Korea, are witnessing significant growth for due to rapid regional industrialization, urbanization, and economic growth, which are leading to the installation of new distributed control systems. Rising investments in power generation industry is expected to support market grow in Asia Pacific as it can attribute to the increasing demand for power from various areas, which in turn increases the demand for the distributed control system. Moreover, the automation is increasing in APAC across various industries because of the rising need for high-quality products and increasing production rates.
Key Market Players:
Some of the major players in the Distributed Control System Companies are Siemens (Germany), ABB (Switzerland), Schneider Electric (France), Emerson Electric Co. (US), and Honeywell International Inc. (US). The major strategies these players adopt include new product launches, contracts, agreements, collaborations, partnerships, acquisitions, and investments & expansions.
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Recent Developments
- In February 2023, ABB has recently launched the ABB Ability Symphony Plus distributed control system (DCS) in order to support digital transformation in the power generation and water industries. The latest Symphony Plus version will further enhance customers digital journey, through a simpler and secure OPC UA1 connection.
- In October 2022, Emerson have signed a five-year agreement with LANXESS, a specialty chemicals company. Emerson will help drive the adoption of advanced automation technologies and enable more efficient project implementation that will allow LANXESS to achieve shorter time-to-market for new products.
- In October 2022, Emerson has introduced a new version of its DeltaV distributed control system (DCS). DeltaV DCS Version 15 assists facilities in digitally transforming operations through increased production optimization and improved operator performance.
- In December 2022, Valmet will deliver the Valmet DNA Automation System (DCS) and the Valmet IQ Quality Control System (QCS) to Schumacher Packaging’s Myszków facility in Poland for the repair of the board machine 2. The aim is to increase the plant’s output efficiency and product quality. The installation is set to begin in May 2023.
- In November 2022, Rockwell Automation launched the FLEXHA 5000TM I/O family, which provides high availability and continues the advancement of the PlantPAx Distributed Control System (DCS). It provides easily integrated design, allowing clients to observe more efficient engineering time, consistent operations, and optimized footprints.
Browse Adjacent Markets: Energy and Power Market Research Reports & Consulting
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Distributed Energy Resource Management System Market – Global Forecast to 2026
Power SCADA Market – Global Forecast to 2026
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SINGAPORE, March 19, 2025 /PRNewswire/ — AB DAO has officially announced a strategic partnership with Alpha Technology Group Limited (Nasdaq: ATGL). The two companies will integrate their respective strengths to drive the innovative application and adoption of artificial intelligence (AI) and blockchain technology across supply chain management, enterprise operations, and the Internet of Things (IoT).
Alpha Technology Group Limited (ATGL), listed on the Nasdaq in 2023, specializes in AI technology development. Its AI-powered enterprise resource planning (ERP) systems provide intelligent automation solutions, significantly enhancing corporate management efficiency.
AB DAO, a leading AI-driven blockchain infrastructure provider, has designed the AB IoT network specifically to integrate blockchain and IoT technologies. It has already developed mature prototype products, including blockchain-powered smart energy meters, self-service payment kiosks, access control systems, and secure storage solutions, demonstrating strong market potential across various industries.
With complementary strengths in both technology and market positioning, this partnership will focus on advancing AI and blockchain integration in logistics, supply chain, and enterprise management. By delivering more efficient and secure industry solutions, AB DAO and ATGL aim to accelerate innovation and achieve mutual success.
(Alpha Technology Group Limited Official Website: www.atgl.io)
AB DAO Ecosystem Continues to Expand
With the Hotcoin listing, users can now trade $AB on the following exchanges:
Bitget (bitget.com)
HTX (htx.com)
MEXC (mexc.com)
BingX (bingx.com)
BitMart (bitmart.com)
Lbank (lbank.com)
Hotcoin (hotcoin.com)
UEEx(ueex.com)
4E (eeee.com)
Coming Soon
Biconomy (biconomy.com)
AB will continue listing on more exchanges, expanding its ecosystem use cases and accelerating worldwide adoption.
AB DAO’s Goal: 100 Million $AB Holders
Stay Updated with AB DAO
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Blockchain Press Releases
MEXC Dominates Token Listings with Highest Success Rate and Speed – TokenInsight Report
VICTORIA, Seychelles, March 19, 2025 /PRNewswire/ — MEXC, a global cryptocurrency exchange, has reaffirmed its leadership in token listings, surpassing competitors in speed, volume, and market positioning, according to the latest TokenInsight Crypto Exchange report. Covering the period from November 1, 2024, to February 15, 2025, the report provides key insights into how centralized exchanges (CEXs) adapt to shifting market narratives during the latest bull run and how these changes influence their listing strategies.
Key Takeaways
- MEXC ranked first in spot listings, with 461 new tokens added.
- The report recognized MEXC as a “Trend Capturer,” citing the strong performance of its early-listed tokens.
- MEXC led in the conversion success rate (82.46%) for memecoin listings.
- The exchange listed TRUMP just 2 hours and 20 minutes after its initial on-chain liquidity injection—far ahead of competitors.
- MEXC was among the first exchanges to list major trend-driven tokens, including PNUT, CHILLGUY, AIXBT, BIO, RIFSOL, TRUMP, and VINE.
MEXC Leads in Token Listings and Market Agility
Over the past three months, MEXC has listed 461 new spot trading pairs—1.5 times more than Gate.io and 4.5 times more than Bitget—demonstrating its superior ability to capture market momentum. The exchange has maintained a consistent two-week listing cycle, ensuring that traders gain early access to promising assets before they reach mainstream markets.
This agility is particularly evident in key industry trends, as MEXC has emerged as the first major exchange to list tokens tied to the four dominant narratives of the current market: Meme, DeSci, AI Agent, and Celebrity Tokens.
A Leader in Early Listings
The TokenInsight report recognizes MEXC as a “Trend Capturer” for positioning its traders ahead of major market moves. By listing tokens early in their lifecycle, the exchange enables traders to capitalize on rapid growth opportunities.
For example, CHILLGUY was listed when its market cap was below $150 million and surged to $600 million within just ten days. MEXC’s reputation for early-market foresight has been reinforced by its rapid listing of high-performing tokens, including PNUT, CHILLGUY, AIXBT, BIO, RIFSOL, TRUMP, and VINE. Many of these tokens experienced significant price surges post-listing.
A standout case is TRUMP, which MEXC listed on January 18 at 03:20 UTC, just 2 hours and 20 minutes after its initial on-chain liquidity injection—well ahead of other exchanges, which didn’t follow until after 10:00 UTC. This ultra-fast turnaround underscores MEXC’s sharp market responsiveness, allowing traders to access high-momentum tokens before broader adoption.
Quality in On-Chain Listings
Unlike platforms that focus solely on token volume, MEXC takes a selective approach, prioritizing high-potential on-chain assets. TokenInsight’s data reveals that MEXC’s 82.46% conversion rate from on-chain listings to its primary spot market far surpasses Gate.io’s 11.76%, highlighting its ability to identify sustainable projects.
Largest Market Share and Top 5 CEX Ranking
With its ability to identify and list emerging trends faster than competitors, MEXC continues to solidify its position among top-tier exchanges. Beyond leading in new listings, CoinDesk data confirms that MEXC captured the largest market share among centralized exchanges in February 2025 and secured a top-five ranking based on overall market share.
The full report is available on TokenInsight’s official website.
About MEXC
Founded in 2018, MEXC is dedicated to being “Your Easiest Way to Crypto.” Known for its extensive selection of trending tokens, airdrop opportunities, and low fees, MEXC serves over 34 million users across 170+ countries. With a focus on accessibility and efficiency, our advanced trading platform appeals to both new traders and seasoned investors alike. MEXC provides a seamless, secure, and rewarding gateway to the world of digital assets.
For more information, visit: MEXC Website | X | Telegram | How to Sign Up on MEXC
About TokenInsight
TokenInsight is a leading research and data analytics firm focused on the cryptocurrency and blockchain industry. Through detailed market reports and data-driven insights, TokenInsight provides actionable intelligence to investors, exchanges, and industry participants.
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Blockchain Press Releases
HTX Research Analysis: Bittensor’s dTAO Upgrade Redefines Decentralized AI Infrastructure
SINGAPORE, March 19, 2025 /PRNewswire/ — HTX Research, the research arm of HTX Group, has released an in-depth report titled, “dTAO and the Evolution of Bittensor: Reshaping Decentralized AI with Market-Driven Incentives.”. The evolution of artificial intelligence has transitioned from foundational model development to the refinement and optimization of existing systems, a trend exemplified by industry leaders such as DeepSeek and OpenAI. This analysis examines how Bittensor’s Dynamic TAO (dTAO) upgrade addresses inherent challenges within decentralized AI, positioning the network as a pioneering force in this emerging sector.
Bittensor’s Architecture: Foundation for a Decentralized AI Ecosystem
Bittensor’s architecture is structured around three core components: the Subtensor blockchain, a Polkadot parachain with EVM compatibility; 64 specialized subnets; and a governance-focused Root Subnet. The network employs a dual-key security system, Coldkey-Hotkey, and a subnet UID framework to facilitate secure and open participation for miners and validators. At the core of its operational model is the Yuma Consensus (YC), a dynamic incentive mechanism that diverges from traditional static reward systems. YC assesses validators’ weight vectors, derived from historical performance and stake, to distribute TAO rewards every 12 seconds, establishing a self-regulating “stake → weight → reward” loop. This mechanism aligns contributions with incentives while mitigating malicious activities through continuous adjustments.
The dTAO Upgrade: Market-Driven Resource Allocation
The dTAO upgrade, implemented on February 13, 2025, introduces liquidity pools for subnet tokens, fundamentally altering Bittensor’s economic framework. Key innovations include:
- Subnet Token Liquidity Pools: Each subnet’s dTAO tokens are paired with TAO in automated market-maker pools, enabling price discovery driven by supply-demand dynamics.
- Emission Rebalancing: 50% of new subnet emissions are injected into liquidity pools, incentivizing long-term participation.
- Validator-as-VC Dynamics: Validators now act as venture capitalists, strategically staking TAO into high-potential subnets to maximize returns.
This upgrade addresses previous systemic limitations, such as validator centralization, resource redundancy, and misaligned incentives. By linking subnet rewards to market performance, dTAO fosters competition, encouraging the development of specialized AI solutions, ranging from multimodal content detection to decentralized search engines.
Ecosystem Impact: Emergence of High-Performance Subnets
The implementation of dTAO has led to the emergence of high-performing subnets, operating within a self-reinforcing feedback loop where increasing token prices attract greater TAO emissions, subsequently drawing more users and validators. Examples include:
- Chutes: A CLI toolkit for deploying decentralized apps, Chutes’ subnet token surged rapidly, driven by its integration with Bittensor’s Subnets 19 and 56.
- Multi Modality (Subnet 4): Focused on AI-generated content detection, this subnet leverages balanced validator-miner challenges to ensure model accuracy.
However, projects like Kaito highlight potential pitfalls, demonstrating that technical proficiency alone does not guarantee success without robust integration with core product utility.
Despite the advancements introduced by dTAO, HTX Research also identifies ongoing challenges, including the lack of real-world demand drivers for TAO rewards, the potential for resource redundancy among overlapping subnets, and persistent validator centralization. To ensure sustained growth, HTX Research emphasizes the necessity for on-chain verifiability, standardized subnet performance benchmarking systems, and the integration of subnet token utility, such as governance or service access, to reduce speculative trading.
Bittensor’s dTAO upgrade signifies a transition from centralized governance to market-driven incentives. While challenges remain, the network’s architecture and economic model provide a solid foundation for decentralized AI innovation. As subnet tokens evolve into tools with tangible utility, Bittensor is positioned to redefine collaborative and competitive dynamics within AI ecosystems.
HTX Research remains committed to providing comprehensive analyses of these developments, offering actionable insights into the intersection of AI and blockchain technology. For the complete report, please visit Here.
About HTX Research:
HTX Research is the dedicated research arm of HTX Group, responsible for conducting in-depth analyses, producing comprehensive reports, and delivering expert evaluations across a broad spectrum of topics, including cryptocurrency, blockchain technology, and emerging market trends. Committed to providing data-driven insights and strategic foresight, HTX Research plays a pivotal role in shaping industry perspectives and supporting informed decision-making within the digital asset space. Through rigorous research methodologies and cutting-edge analytics, HTX Research remains at the forefront of innovation, driving thought leadership and fostering a deeper understanding of evolving market dynamics.
Contact: [email protected]
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