The global advanced process control system market size is forecasted to reach US$ 3.63 billion by 2030 from US$ 1.63 billion in 2021, by growing at a lucrative CAGR of 9.31% between 2021 and 2030.
The report contains 150+ pages with detailed analysis. The base year for the study has been considered 2021, the historic year 2017 to 2020, the forecast period considered is from 2021 to 2030. The report offers exclusive insights to help companies make informed decisions to sustain growth through the assessment period.
The increasing demand in the end user industries such as pharmaceuticals, energy & power, mining, minerals, and metals and food & beverages will propel the growth of APC market. APS offers comprehensive process engineering design capabilities for aseptic, pasteurization, extended shelf life, hot fill, blending, batching, and CIP equipment to food and beverage producers. For instance, Tetra Pak is collaborating with Rockwell Automation to introduce model predictive control to powder manufacturing machines. Because of changing customer behavior and market needs, particularly in the food and beverage area, machine makers are seeking to manufacturing technology partners to give more complex automation options. Tetra Pak, a manufacturer of packaging and processing equipment for liquid food items as well as ice cream, cheese, fruit, vegetables, and pet food, followed suit. The OEM has announced a strategic business relationship with Rockwell Automation, the first step of which would focus on Tetra Pak’s Cheese and Powder Solutions division. The collaboration for the advancement in the process technology will create a pressure on the rest market players in the industry which will proliferate the growth of the APC market.
Download Free Sample Copy with TOC, Graphs & List of Figures @ https://www.precedenceresearch.com/sample/1338
Scope of the Advanced Process Control Market
Report Coverage | Details |
Market Size in 2030 | US$ 3.63 Billion |
Growth Rate From 2021 to 2030 | CAGR of 9.31% |
Largest Market | Asia Pacific |
Fastest Growing Market | North America |
Base Year | 2021 |
Forecast Period | 2021 to 2030 |
Competitive Intelligence
The report provides an understanding of the market composition and explains the role of established players and regional contributors. It is essential for the market players to make calculative moves and focus on client acquisition and retention. The detailed company profiles will provide the necessary intelligence to the reader. In order to maintain their share, the market players are focusing on strategies such as cross-border expansion, product differentiation and so on.
Some of the prominent players in the global advanced process control system market are listed as below:
- Schneider Electric
- Siemens
- Rudolph Technologies
- Aspen Technology, Inc.
- Emerson Electric Co.
- ABB
- Yokogawa Electric Corporation
- Panasonic Corporation
- Rockwell Automation, Inc.
- Honeywell International Inc.
- Control Soft
COVID 19 Impact
Every sector has been altered by the COVID 19 pandemic. COVID-19 has influenced customer behavior all around the world. Many consumers must deal with food scarcity and delivery constraints in order to feed themselves and their families. Despite promises from the food industry concerning food supply, the initial phase of the COVID-19 pandemic was defined by panic buying by customers, who engaged in stockpiling behaviors in anticipation of mobility restrictions and fears of food transit disruptions.
As a result of the crisis, there has been an increase in the supply of preferred products like pasta, canned fish, rice, and canned tomatoes, among others, to create home stocks, as well as a decrease in the use of perishable products, which have been replaced by those with longer preservation times, and a trend to replace fresh products with frozen ones.
Recent Developments
- June 2017, Nextnine (U.S.), a privately held provider of security management systems and technologies for industrial cyber security, was bought by Honeywell (U.S.). They now have a comprehensive portfolio of cyber security solutions to safeguard and defend their industrial control systems and process control network as a result of this purchase.
- December 2017, Honeywell Process Solutions (U.S.) announced advanced process control at the Bashneft oil refining plant. This enhanced process control assisted in increasing product output while lowering energy use.
- February 2018, Apex Optimization (Europe), a firm specialising in dynamic optimization and advanced process control, was acquired by Aspen Tech (U.S.). With this acquisition, they were able to combine superior process control with planning and scheduling, allowing refineries and petrochemical businesses to achieve unified production optimization.
Segments Covered in the Report
By Product
- Hardware
- Control Systems
- Interface and Display
- Computing Systems
- Others
- Service
- Advanced Regulatory Control
- Multivariable Model Predictive Control
- Inferential Control
- Sequential Control
- Compressor Control
- Software
By End-User
- Oil and Gas
- Chemicals
- Pharmaceuticals
- Energy & Power
- Mining, Minerals, and Metals
- Food & Beverages
- Others
Regional Segmentation
– North America (U.S. and Canada)
– Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
– Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
– Latin America (Brazil and Rest of Latin America)
– Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)
TABLE OF CONTENT
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Advanced Process Control Market
5.1. COVID-19 Landscape: Advanced Process Control Industry Impact
5.2. COVID 19 – Impact Assessment for the Industry
5.3. COVID 19 Impact: Global Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8. Global Advanced Process Control Market, By Product
8.1. Advanced Process Control Market, by Product Type, 2021-2030
8.1.1. Hardware
8.1.1.1. Market Revenue and Forecast (2019-2030)
8.1.2. Service
8.1.2.1. Market Revenue and Forecast (2019-2030)
8.1.3. Software
8.1.3.1. Market Revenue and Forecast (2019-2030)
Chapter 9. Global Advanced Process Control Market, By End-User
9.1. Advanced Process Control Market, by End-User, 2021-2030
9.1.1. Oil and Gas
9.1.1.1. Market Revenue and Forecast (2019-2030)
9.1.2. Chemicals
9.1.2.1. Market Revenue and Forecast (2019-2030)
9.1.3. Pharmaceuticals
9.1.3.1. Market Revenue and Forecast (2019-2030)
9.1.4. Energy & Power
9.1.4.1. Market Revenue and Forecast (2019-2030)
9.1.5. Mining, Minerals, and Metals
9.1.5.1. Market Revenue and Forecast (2019-2030)
9.1.6. Food & Beverages
9.1.6.1. Market Revenue and Forecast (2019-2030)
9.1.7. Medical Devices
9.1.7.1. Market Revenue and Forecast (2019-2030)
9.1.8. Others
9.1.8.1. Market Revenue and Forecast (2019-2030)
Chapter 10. Global Advanced Process Control Market, Regional Estimates and Trend Forecast
10.1. North America
10.1.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.2. Market Revenue and Forecast, by End-User (2019-2030)
10.1.3. U.S.
10.1.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.3.2. Market Revenue and Forecast, by End-User (2019-2030)
10.1.4. Rest of North America
10.1.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.1.4.2. Market Revenue and Forecast, by End-User (2019-2030)
10.2. Europe
10.2.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.2. Market Revenue and Forecast, by End-User (2019-2030)
10.2.3. UK
10.2.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.3.2. Market Revenue and Forecast, by End-User (2019-2030)
10.2.4. Germany
10.2.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.4.2. Market Revenue and Forecast, by End-User (2019-2030)
10.2.5. France
10.2.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.5.2. Market Revenue and Forecast, by End-User (2019-2030)
10.2.6. Rest of Europe
10.2.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.2.6.2. Market Revenue and Forecast, by End-User (2019-2030)
10.3. APAC
10.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.2. Market Revenue and Forecast, by End-User (2019-2030)
10.3.3. India
10.3.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.3.2. Market Revenue and Forecast, by End-User (2019-2030)
10.3.4. China
10.3.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.4.2. Market Revenue and Forecast, by End-User (2019-2030)
10.3.5. Japan
10.3.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.5.2. Market Revenue and Forecast, by End-User (2019-2030)
10.3.6. Rest of APAC
10.3.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.3.6.2. Market Revenue and Forecast, by End-User (2019-2030)
10.4. MEA
10.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.2. Market Revenue and Forecast, by End-User (2019-2030)
10.4.3. GCC
10.4.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.3.2. Market Revenue and Forecast, by End-User (2019-2030)
10.4.4. North Africa
10.4.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.4.2. Market Revenue and Forecast, by End-User (2019-2030)
10.4.5. South Africa
10.4.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.5.2. Market Revenue and Forecast, by End-User (2019-2030)
10.4.6. Rest of MEA
10.4.6.1. Market Revenue and Forecast, by Product (2019-2030)
10.4.6.2. Market Revenue and Forecast, by End-User (2019-2030)
10.5. Latin America
10.5.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.2. Market Revenue and Forecast, by End-User (2019-2030)
10.5.3. Brazil
10.5.3.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.3.2. Market Revenue and Forecast, by End-User (2019-2030)
10.5.4. Rest of LATAM
10.5.4.1. Market Revenue and Forecast, by Product (2019-2030)
10.5.4.2. Market Revenue and Forecast, by End-User (2019-2030)
Chapter 11. Company Profiles
11.1. Schneider Electric
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Siemens
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. Rudolph Technologies
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Aspen Technology, Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. Recent Initiatives
11.5. Emerson Electric Co.
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. ABB
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. Yokogawa Electric Corporation
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Panasonic Corporation
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Rockwell Automation, Inc.
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
11.10. Honeywell International Inc.
11.10.1. Company Overview
11.10.2. Product Offerings
11.10.3. Financial Performance
11.10.4. Recent Initiatives
11.11. Control Soft
11.11.1. Company Overview
11.11.2. Product Offerings
11.11.3. Financial Performance
11.11.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Why should you invest in this report?
If you are aiming to enter the global advanced process control system market, this report is a comprehensive guide that provides crystal clear insights into this niche market. All the major application areas for advanced process control system are covered in this report and information is given on the important regions of the world where this market is likely to boom during the forecast period of 2021-2030 so that you can plan your strategies to enter this market accordingly.
Besides, through this report, you can have a complete grasp of the level of competition you will be facing in this hugely competitive market and if you are an established player in this market already, this report will help you gauge the strategies that your competitors have adopted to stay as market leaders in this market. For new entrants to this market, the voluminous data provided in this report is invaluable.
Purchase Full Research Report (Single User License US$ 4500) @ https://www.precedenceresearch.com/checkout/1338
Contact Us:
Mr. Alex
Sales Manager
Call: +1 9197 992 333
Email: sales@precedenceresearch.com