Advanced Process Control Market Size is Forecasted to Reach US$ 3.63 Billion by 2030

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.

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Scope of the Advanced Process Control Market

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. 

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