Advanced Process Control Market Size, Share, Opportunities, COVID-19 Impact, And Trends By Component (Statistical Process Control, Run-to-Run Control, Fault Detection And Classification), By Application (Power, Oil And Gas, Chemicals, Food And Beverage, Others), And By Geography - Forecasts From 2019 To 2024

Published:  May 2021 Report Code: KSI061610072 Pages: 124

The advanced process control market was valued at US$811.73 million in 2017 and is projected to expand at a CAGR of 10.45% over the forecast period to reach US$1473.81 million by 2023.

Advanced Process Control (APC) technologies and tools help to raise the efficiency of plant across a range of applications by stabilizing its operations and reducing fluctuations in key process variables. Due to continuous need for raising the efficiency of production process while maintaining the product’s quality, along with reduction in harmful gas emissions and reduced operational costs, the demand for APC systems is growing worldwide. Moreover, rising environmental concerns coupled with stringent government regulations is also a key factor augmenting the demand for APC systems sustainable production processes. Apart from oil & gas, end-use industries such as chemicals, power among will complement the growth of APC market across the globe.

This research study examines the current market trends related to the demand, supply, and sales, in addition to the recent developments. Major drivers, restraints, and opportunities have been covered to provide an exhaustive picture of the market. The analysis presents in-depth information regarding the development, trends, and industry policies and regulations implemented in each of the geographical regions. Further, the overall regulatory framework of the market has been exhaustively covered to offer stakeholders a better understanding of the key factors affecting the overall market environment.

Identification of key industry players in the industry and their revenue contribution to the overall business or relevant segment aligned to the study have been covered as a part of competitive intelligence done through extensive secondary research. Various studies and data published by industry associations, analyst reports, investor presentations, press releases and journals among others have been taken into consideration while conducting the secondary research. Both bottom-up and top down approaches have been utilized to determine the market size of the overall market and key segments. The values obtained are correlated with the primary inputs of the key stakeholders in the advanced process control value chain. Last step involves complete market engineering which includes analyzing the data from different sources and existing proprietary datasets while using various data triangulation methods for market breakdown and forecasting.

Market intelligence is presented in the form of analysis, charts, and graphics to help the clients in gaining faster and efficient understanding of the advanced process control market.

Major industry players profiled as part of the report are ABB, Honeywell International, Inc., Emerson Electric Co., and Siemens AG among others.

Advanced Process Control Market Scope:

Report Metric Details
 Market size value in 2017  US$811.73 million
 Market size value in 2023  US$1473.81 million
 Growth Rate  CAGR of 10.45% from 2017 to 2023
 Base year  2017
 Forecast period  2019–2024
 Forecast Unit (Value)  USD Million
 Segments covered  Component, Application, And Geography
 Regions covered  North America, South America, Europe, Middle East and Africa, Asia Pacific
 Companies covered  Honeywell International, Inc., Rudolph Technologies, Inc., ABB, Emerson Co. Ltd,   Siemens AG, Yokogawa Technologies, Inc., Rockwell Automation, Inc., Schneider   Electric SE, Aspen Technology, Inc. 
 Customization scope  Free report customization with purchase

Segmentation

The advanced process control market has been analyzed through following segments:

By Component

Statistical Process Control

Run-to-Run Control

Fault Detection and Classification

By Application

Power

Oil and Gas

Chemicals

Food and Beverage

Others

 

By Geography

North America

United States

Canada

Mexico

Others

 

South America

Brazil

Argentina

Others

 

Europe

United Kingdom

Germany

France

Italy

Others

 

Middle East and Africa

Saudi Arabia

United Arab Emirates

South Africa

Others

 

Asia Pacific

Japan

Korea

China

India

Others

1. INTRODUCTION
1.1. Market Overview
1.2. Market Definition
1.3. Scope of the Study
1.4. Currency
1.5. Assumptions
1.6. Base, and Forecast Years Timeline
2. RESEARCH METHODOLOGY  
2.1. Research Design
2.2. Secondary Sources
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1. Market Segmentation
4.2. Market Drivers
4.3. Market Restraints
4.4. Market Opportunities
4.5. Porter’s Five Force Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Competitive Rivalry in the Industry
4.6. Life Cycle Analysis - Regional Snapshot
4.7. Market Attractiveness
5. ADVANCED PROCESS CONTROL MARKET BY COMPONENTS
5.1. Statistical Process Control
5.2. Run-to-Run Control
5.3. Fault Detection and Classification 
6. ADVANCED PROCESS CONTROL MARKET BY APPLICATION
6.1. Power
6.2. Oil and Gas
6.3. Chemicals
6.4. Food and Beverage
6.5. Others
7. ADVANCED PROCESS CONTROL MARKET BY GEOGRAPHY
7.1. North America
7.1.1. United States
7.1.2. Canada
7.1.3. Mexico
7.1.4. Others
7.2. South America
7.2.1. Brazil
7.2.2. Argentina
7.2.3. Others
7.3. Europe
7.3.1. United Kingdom
7.3.2. Germany
7.3.3. France
7.3.4. Italy
7.3.5. Others
7.4. Middle East and Africa
7.4.1. Saudi Arabia
7.4.2. United Arab Emirates
7.4.3. South Africa
7.4.4. Others
7.5. Asia Pacific
7.5.1. Japan
7.5.2. Korea
7.5.3. China
7.5.4. India
7.5.5. Others
8. COMPETITIVE INTELLIGENCE
8.1. Market Share of Key Players
8.2. Recent Deals and Investment
8.3. Strategies of Key Players
8.4. Investment Analysis
9. COMPANY PROFILES
9.1. Honeywell International, Inc.
9.1.1. Company Overview
9.1.2. Financials
9.1.3. Products and Services
9.1.4. Recent Developments
9.2.  Rudolph Technologies, Inc.
9.2.1. Company Overview
9.2.2. Financials
9.2.3. Products and Services
9.2.4. Recent Developments
9.3.  ABB
9.3.1. Company Overview
9.3.2. Financials
9.3.3. Products and Services
9.3.4. Recent Developments
9.4.  Emerson Co. Ltd
9.4.1. Company Overview
9.4.2. Financials
9.4.3. Products and Services
9.4.4. Recent Developments
9.5.  Siemens AG
9.5.1. Company Overview
9.5.2. Financials
9.5.3. Products and Services
9.5.4. Recent Developments
9.6. Yokogawa Technologies, Inc.
9.6.1. Company Overview
9.6.2. Financials
9.6.3. Products and Services
9.6.4. Recent Developments
9.7. Rockwell Automation, Inc.
9.7.1. Company Overview
9.7.2. Financials
9.7.3. Products and Services
9.7.4. Recent Developments
9.8. Schneider Electric SE
9.8.1. Company Overview
9.8.2. Financials
9.8.3. Products and Services
9.8.4. Recent Developments
9.9. Aspen Technology, Inc. 
9.9.1. Company Overview
9.9.2. Financials
9.9.3. Products and Services
9.9.4. Recent Developments
LIST OF FIGURES 
LIST OF TABLES
Honeywell International, Inc.
Rudolph Technologies, Inc.
ABB
Emerson Co. Ltd
Siemens AG
Yokogawa Technologies, Inc.
Rockwell Automation, Inc.
Schneider Electric SE
Aspen Technology, Inc. 
 

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