Advanced Process Control - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Advanced Process Control Market is accounted for $15.03 billion in 2019 and is expected to reach $35.38 billion by 2027 growing at a CAGR of 11.3% during the forecast period. Some of the key factors propelling the market growth include growing emphasis of end use industries such as petrochemical and nuclear power on safety, improvement, and optimization of their processes, increasing importance of regulatory compliance, rising safety and security concerns, and inclination of enterprises toward energy-efficient processes. However, lack of data control and improper or non-maintenance of APC are restraining the market growth.
Advanced Process Control is incorporated with a wide range of techniques and technologies which is used in the industrial process control system. This system is generally working together with the basic process controls to enhance performance and process profitability. The process controls which includes both basic and advanced enables the process industries to find the application in oil and mineral refining, petrochemicals and chemical industries, power generation and many others. There are several benefits associated with the APC such as it improves the production capacity, improves monitoring of process parameter, reduces energy consumption, offers predictive maintenance, and improved process safety.
By end user, the oil and gas segment is expected to witness significant growth over the forecast period as well owing to the high adoption of APC systems in the industry. This can be attributed to the fact that processing operations in the oil and gas industry are complex and need to be regulated on a real-time basis. Earlier, computation of the complex data associated with various operations required to be manually done, which was often associated with a vast scope of error. To avoid these manual errors, the oil and gas industry has started adopting advanced process controls and is likely to remain a leading end user of APC systems in the near future as well.
On the basis of geography, Asia Pacific is expected to emerge as the significant-growing regional APC market due to the increasing demand for advanced process control tools from various end-use industries. The growth of industries such as paints and coatings, pharmaceutical, and chemical in emerging economies such as India and China is playing a significant role in the overall development of the market. Moreover, growing environmental awareness among end use industries and strict legal regulations are also driving the adoption of advanced process control systems in the region.
Some of the key players in advanced process control market include Siemens, Aspen Technology, ABB, Panasonic Corporation, Rockwell Automation, Schneider Electric, Rudolph Technologies, Emerson Electric Co., Yokogawa Electric Corporation, Honeywell International Inc, General Electric Co., SGS Group, Mavtech Technologies, ARC Advisory Group, LayTec, and FLSmidth.
Products Covered:
• Software
• Service
• Hardware
End Users Covered:
• Mining, Minerals, and Metals
• Food & Beverages
• Energy & Power
• Oil and Gas
• Chemicals
• Pharmaceuticals
• Petrochemicals
• Water & Wastewater
• Paper & Pulp
• Semiconductors
• Manufacturing
• Automobiles
Types Covered:
• Sequential Control
• Compressor Control
• Advanced Regulatory Control
• Multivariable Model Predictive Control (MPC)
• Inferential Control
• Nonlinear MPC
Algorithms Covered:
• Intelligent Control
• Model Predictive Control
• Adaptive Control
Components Covered:
• Run-to-Run Control
• Statistical Process Control
• Fault Detection and Classification
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2018, 2019, 2020, 2024 and 2027
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter’s five forces analysis, SWOT analysis, etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Product Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Advanced Process Control Market, By Product
5.1 Introduction
5.2 Software
5.2.1 Standalone APC Software
5.2.2 Customized APC Software
5.3 Service
5.3.1 Consulting Services
5.3.2 Operation and Maintenance Services
5.3.3 Training Services
5.4 Hardware
5.4.1 Computing Systems
5.4.2 Control Systems
5.4.3 Interface and Display
6 Global Advanced Process Control Market, By End User
6.1 Introduction
6.2 Mining, Minerals, and Metals
6.3 Food & Beverages
6.4 Energy & Power
6.5 Oil and Gas
6.6 Chemicals
6.7 Pharmaceuticals
6.8 Petrochemicals
6.9 Water & Wastewater
6.10 Paper & Pulp
6.11 Semiconductors
6.12 Manufacturing
6.13 Automobiles
7 Global Advanced Process Control Market, By Type
7.1 Introduction
7.2 Sequential Control
7.3 Compressor Control
7.4 Advanced Regulatory Control
7.5 Multivariable Model Predictive Control (MPC)
7.6 Inferential Control
7.7 Nonlinear MPC
8 Global Advanced Process Control Market, By Algorithm
8.1 Introduction
8.2 Intelligent Control
8.2.1 Fuzzy Control
8.2.2 Neuro-Fuzzy
8.2.3 Neuro Control
8.3 Model Predictive Control
8.4 Adaptive Control
9 Global Advanced Process Control Market, By Component
9.1 Introduction
9.2 Run-to-Run Control
9.3 Statistical Process Control
9.4 Fault Detection and Classification
10 Global Advanced Process Control Market, By Geography
10.1 Introduction
10.2 North America
10.2.1 US
10.2.2 Canada
10.2.3 Mexico
10.3 Europe
10.3.1 Germany
10.3.2 UK
10.3.3 Italy
10.3.4 France
10.3.5 Spain
10.3.6 Rest of Europe
10.4 Asia Pacific
10.4.1 Japan
10.4.2 China
10.4.3 India
10.4.4 Australia
10.4.5 New Zealand
10.4.6 South Korea
10.4.7 Rest of Asia Pacific
10.5 South America
10.5.1 Argentina
10.5.2 Brazil
10.5.3 Chile
10.5.4 Rest of South America
10.6 Middle East & Africa
10.6.1 Saudi Arabia
10.6.2 UAE
10.6.3 Qatar
10.6.4 South Africa
10.6.5 Rest of Middle East & Africa
11 Key Developments
11.1 Agreements, Partnerships, Collaborations and Joint Ventures
11.2 Acquisitions & Mergers
11.3 New Product Launch
11.4 Expansions
11.5 Other Key Strategies
12 Company Profiling
12.1 Siemens
12.2 Aspen Technology
12.3 ABB
12.4 Panasonic Corporation
12.5 Rockwell Automation
12.6 Schneider Electric
12.7 Rudolph Technologies
12.8 Emerson Electric Co.
12.9 Yokogawa Electric Corporation
12.10 Honeywell International Inc
12.11 General Electric Co.
12.12 SGS Group
12.13 Mavtech Technologies
12.14 ARC Advisory Group
12.15 LayTec
12.16 FLSmidth
List of Tables
1 Global Advanced Process Control Market Outlook, By Region (2018-2027) ($MN)
2 Global Advanced Process Control Market Outlook, By Product (2018-2027) ($MN)
3 Global Advanced Process Control Market Outlook, By Software (2018-2027) ($MN)
4 Global Advanced Process Control Market Outlook, By Standalone APC Software (2018-2027) ($MN)
5 Global Advanced Process Control Market Outlook, By Customized APC Software (2018-2027) ($MN)
6 Global Advanced Process Control Market Outlook, By Service (2018-2027) ($MN)
7 Global Advanced Process Control Market Outlook, By Consulting Services (2018-2027) ($MN)
8 Global Advanced Process Control Market Outlook, By Operation and Maintenance Services (2018-2027) ($MN)
9 Global Advanced Process Control Market Outlook, By Training Services (2018-2027) ($MN)
10 Global Advanced Process Control Market Outlook, By Hardware (2018-2027) ($MN)
11 Global Advanced Process Control Market Outlook, By Computing Systems (2018-2027) ($MN)
12 Global Advanced Process Control Market Outlook, By Control Systems (2018-2027) ($MN)
13 Global Advanced Process Control Market Outlook, By Interface and Display (2018-2027) ($MN)
14 Global Advanced Process Control Market Outlook, By End User (2018-2027) ($MN)
15 Global Advanced Process Control Market Outlook, By Mining, Minerals, and Metals (2018-2027) ($MN)
16 Global Advanced Process Control Market Outlook, By Food & Beverages (2018-2027) ($MN)
17 Global Advanced Process Control Market Outlook, By Energy & Power (2018-2027) ($MN)
18 Global Advanced Process Control Market Outlook, By Oil and Gas (2018-2027) ($MN)
19 Global Advanced Process Control Market Outlook, By Chemicals (2018-2027) ($MN)
20 Global Advanced Process Control Market Outlook, By Pharmaceuticals (2018-2027) ($MN)
21 Global Advanced Process Control Market Outlook, By Petrochemicals (2018-2027) ($MN)
22 Global Advanced Process Control Market Outlook, By Water & Wastewater (2018-2027) ($MN)
23 Global Advanced Process Control Market Outlook, By Paper & Pulp (2018-2027) ($MN)
24 Global Advanced Process Control Market Outlook, By Semiconductors (2018-2027) ($MN)
25 Global Advanced Process Control Market Outlook, By Manufacturing (2018-2027) ($MN)
26 Global Advanced Process Control Market Outlook, By Automobiles (2018-2027) ($MN)
27 Global Advanced Process Control Market Outlook, By Type (2018-2027) ($MN)
28 Global Advanced Process Control Market Outlook, By Sequential Control (2018-2027) ($MN)
29 Global Advanced Process Control Market Outlook, By Compressor Control (2018-2027) ($MN)
30 Global Advanced Process Control Market Outlook, By Advanced Regulatory Control (2018-2027) ($MN)
31 Global Advanced Process Control Market Outlook, By Multivariable Model Predictive Control (MPC) (2018-2027) ($MN)
32 Global Advanced Process Control Market Outlook, By Inferential Control (2018-2027) ($MN)
33 Global Advanced Process Control Market Outlook, By Nonlinear MPC (2018-2027) ($MN)
34 Global Advanced Process Control Market Outlook, By Algorithm (2018-2027) ($MN)
35 Global Advanced Process Control Market Outlook, By Intelligent Control (2018-2027) ($MN)
36 Global Advanced Process Control Market Outlook, By Fuzzy Control (2018-2027) ($MN)
37 Global Advanced Process Control Market Outlook, By Neuro-Fuzzy (2018-2027) ($MN)
38 Global Advanced Process Control Market Outlook, By Neuro Control (2018-2027) ($MN)
39 Global Advanced Process Control Market Outlook, By Model Predictive Control (2018-2027) ($MN)
40 Global Advanced Process Control Market Outlook, By Adaptive Control (2018-2027) ($MN)
41 Global Advanced Process Control Market Outlook, By Component (2018-2027) ($MN)
42 Global Advanced Process Control Market Outlook, By Run-to-Run Control (2018-2027) ($MN)
43 Global Advanced Process Control Market Outlook, By Statistical Process Control (2018-2027) ($MN)
44 Global Advanced Process Control Market Outlook, By Fault Detection and Classification (2018-2027) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
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