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Advanced Process Control (APC) Software Market Statistics, Trends, Analysis Size and Growth Factors by 2028
The market for software solutions that enable enhanced automation and optimization of industrial processes is referred to as the Advanced Process Control (APC) software market. These software solutions forecast and control process variables in real-time using mathematical models, algorithms, and process data, so increasing efficiency, lowering costs, and improving product quality.
Oil and gas, chemical, pharmaceutical, food and beverage, and water treatment are just a few of the industries that employ APC software. The increasing demand for process optimization and automation, as well as the desire to lower production costs and improve product quality, are driving the expansion of the APC software market.
ABB, Honeywell International, Siemens AG, Rockwell Automation, Schneider Electric, Yokogawa Electric Corporation, and Emerson Electric are among the key competitors in the APC software industry. The market is highly competitive, with a significant number of companies, both major and small, present.
The APC software market is expected to expand further in the coming years, driven by increased adoption of Industry 4.0 technologies such as the Internet of Things (IoT) and artificial intelligence (AI), as well as rising demand for energy efficiency and environmental sustainability in industrial processes.Read more @ https://techinforite.blogspot.com/2023/02/advanced-process-control-apc-software.html
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Efficiency Unleashed: Harnessing Advanced Process Control (APC) Software
Advanced Process Control (APC) software is a powerful tool used in industrial settings to optimize and enhance process performance. It goes beyond traditional process control systems by incorporating sophisticated algorithms and models to predict and adjust process variables in real-time. APC software helps industries achieve higher levels of efficiency, reduce energy consumption, minimize waste, and improve product quality.
One of the key features of APC software is its ability to monitor multiple process variables simultaneously and make rapid adjustments to ensure optimal performance. It can analyze data from various sensors and instruments, detect deviations from setpoints, and automatically adjust control parameters to bring the process back into line. This proactive approach helps industries avoid costly downtime and reduce the risk of product defects.
Another significant aspect of APC software is its ability to handle complex and nonlinear process dynamics. It employs advanced control strategies such as model predictive control (MPC) or fuzzy logic control to optimize the process based on a wide range of variables and constraints. By considering multiple factors simultaneously, APC software can achieve better control and improve overall process efficiency.
Overall, Advanced Process Control software plays a vital role in improving process performance and operational efficiency in industrial settings. Its ability to integrate with existing control systems, adapt to changing conditions, and optimize complex processes makes it an indispensable tool for industries striving to achieve higher levels of productivity and profitability.
Read More: https://thetechnologynews-24.blogspot.com/2023/06/optimizing-operations-power-of-advanced.html
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Advanced Process Control (APC) Software Market New Era of Industry & Forecast 2020-2027 | ABB, Honeywell International, Schneider Electric, etc.
Data Lab Forecast Insights has recently updated its massive report catalogue by adding a fresh study titled “Global Advanced Process Control (APC) Software Market – Industry Analysis, Size, Share, Growth, Trends, & Forecast 2021 – 2027″. This business intelligence study encapsulates vital details about the market current as well as future status during the mentioned forecast period of 2027. The report also targets important facets such as market drivers, challenges, latest trends, and opportunities associated with the growth of manufacturers in the global market for Advanced Process Control (APC) Software. Along with these insights, the report provides the readers with crucial insights on the strategies implemented by leading companies to remain in the lead of this competitive market. Get the PDF Sample Copy of This Report @https://www.datalabforecast.com/request-sample/54225-advanced-process-control-apc-software-market
North America held dominant position in the global Advanced Process Control (APC) Software market in 2020, accounting for XX% share in terms of value, followed by Europe and Asia Pacific, respectively.
Advanced Process Control (APC) Software Market report provides key statistics on the market status of the Advanced Process Control (APC) Software Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the Advanced Process Control (APC) Software Market Industry. The Advanced Process Control (APC) Software Market Report also presents the vendor landscape and a corresponding detailed analysis of the major vendors operating in the market. Top Key Players Profiled in this report: ABB, Honeywell International, Schneider Electric, Siemens, Aspen Technology, Rockwell Automation, Rudolph Technologies, Emerson, General Electric, MAVERICK Technologies, Yokogawa, Aspen Technology, Yokogawa Electric Detailed Segmentation: • Global Advanced Process Control (APC) Software Market, By Product Type: • Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential Control, Sequential Control, Compressor Control. • Global Advanced Process Control (APC) Software Market, By End User: • Application A, Application B, Application C. Advanced Process Control (APC) Software Market Reports cover complete modest outlook with the market stake and company profiles of the important contestants working in the global market. The Advanced Process Control (APC) Software Market offers a summary of product Information, production analysis, technology, product type, considering key features such as gross, gross margin, gross revenue, revenue, cost. Key Stakeholders Covered within this Advanced Process Control (APC) Software Market Report • Advanced Process Control (APC) Software Manufacturers • Advanced Process Control (APC) Software Distributors/Traders/Wholesalers • Advanced Process Control (APC) Software be component Manufacturers • Advanced Process Control (APC) Software Industry Association • Succeeding Vendors There is Multiple Chapter to display the Global Advanced Process Control (APC) Software Market some of them as Follow Chapter 1, Definition, Specifications and Classification of Advanced Process Control (APC) Software, Applications of Advanced Process Control (APC) Software, Market Segment by Regions; Chapter 2, Manufacturing Cost Structure, Raw Materials, and Suppliers, Manufacturing Process, Industry Chain Structure; Chapter 3, Technical Data and Manufacturing Plants Analysis of Advanced Process Control (APC) Software, Capacity, and Commercial Production Date, Manufacturing Plants Distribution, R&D Status and Technology Source, Raw Materials Sources Analysis; Chapter 4, Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment); Chapter 5 and 6, Regional Market Analysis that includes the United States, China, Europe, Japan, Korea & Taiwan, Advanced Process Control (APC) Software Segment Market Analysis (by Type); Chapter 7 and 8, The Advanced Process Control (APC) Software Segment Market Analysis (by Application) Major Manufacturers Analysis of Advanced Process Control (APC) Software; Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type Natural preservative, Chemical preservative, Market Trend by Application; Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis; Chapter 11, The Consumers Analysis of Global Advanced Process Control (APC) Software; Chapter 12, Advanced Process Control (APC) Software Research Findings and Conclusion, Appendix, methodology and data source; Chapter 13, 14 and 15, Advanced Process Control (APC) Software sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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Advanced Process Control (APC) Software Market
Why this is Important Report to you? It helps To analyze and study the Global Advanced Process Control (APC) Software Market capacity, production, value, consumption, status Focuses on the Key Advanced Process Control (APC) Software manufacturers, to study the capacity, production, value, market share and development plans in future. Focuses on the global key manufacturers, to define, describe and analyze the market competition landscape, SWOT analysis. To define, describe and forecast the market by type, application, and region. To analyze the global and key regions market potential and advantage, opportunity, and challenge, restraints, and risks. To identify significant trends and factors driving or inhibiting market growth. To analyze the opportunities in the market for stakeholders by identifying the high growth segments. To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the Advanced Process Control (APC) Software Market. To strategically profile the key players and comprehensively analyze their growth strategies. It provides a forward-looking perspective on different factors driving or restraining Market growth. It provides a six-year forecast assessed on the basis of how the Market is predicted to grow. It provides pin point analysis of changing competition dynamics and keeps you ahead of competitors. It helps in making informed business decisions by having complete insights and by making an in-depth analysis of Market segment. We Offer Customized Report, Click @ https://www.datalabforecast.com/request-customization/54225-advanced-process-control-apc-software-market Lastly, this report covers the market Outlook and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the significant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives a short summary on potential regional market. About Us Transforming Information into Insights We pride ourselves in being a niche market intelligence and strategic consulting and reporting firm driven towards resulting in a powerful impact on businesses across the globe. Our accuracy estimation and forecasting models have earned recognition across majority of the business forum. We source online reports from some of the best publishers and keep updating our collection to offer you direct online access to the world’s most comprehensive and recent database with skilled perceptions on global industries, products, establishments and trends. We at ‘Data Lab Forecast���, wish to assist our clients to strategize and formulate business policies, and achieve formidable growth in their respective market domain. Data Lab Forecast is a one-stop solution provider right from data collection, outsourcing of data, to investment advice, business modelling, and strategic planning. The company reinforces client’s insight on factors such as strategies, future estimations, growth or fall forecasting, opportunity analysis, and consumer surveys, among others. Contact: Henry K Data Lab Forecast Felton Office Plaza 6375 Highway 8 Felton, California 95018, United States Phone: +1 917-725-5253 Email: [email protected] Website: https://www.datalabforecast.com/ Follow Us on: LinkedIN | Twitter | Data Lab Forecast, Advanced Process Control (APC) Software, Advanced Process Control (APC) Software Market, Advanced Process Control (APC) Software Market Is Booming, Advanced Process Control (APC) Software Market Latest Report, Advanced Process Control (APC) Software Market Size, Advanced Process Control (APC) Software Market Swot Analysis, ABB, Honeywell International, Schneider Electric, Siemens, Aspen Technology, Market Strategies, DLF
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Advanced Process Control Market Statistics, Size, Share, Future Trend, Global Demand and Current Scenario by Forecast to 2027
Market Highlights
According to Market Research Future (MRFR), the global advanced process control market would register 12.09% CAGR throughout the forecast period (2017-2023), witnessing exponential accruals.
Advanced Process Control (APC) is a comprehensive model predictive control software that enhances process profitability by improving quality, increasing throughput while reducing energy usages. This state-of-the-art technology provides automatic control systems that are capable of releasing process potential across the industries including Food & Beverages, Refining, Petrochemical, and Mining.
Leverage to the economic environment, today, manufacturers are confronted by the need to curtail the capital budgets due to the rising overheads, manufacturing cost, energy costs, and struggle to stay at the front of the market competition.
Advanced process control helps manufacturers to address such complex challenges with various solutions that can extract maximum value from the manufacturing processes. APC also improves production yield, quality, and reduce energy consumption, optimizing manufacturing operations.
Resultantly, advanced process control solutions are garnering a colossal market prominence, getting quickly absorbed in various industries for optimized operational techniques. The APC market is witnessing rising deployments of these solutions. Moreover, increasing mandates to save energy are acting as significant tailwinds escalating the market on the global platform.
Additional factors influencing the growth of the market include the introduction of new labor safety norms, increasing requirement for energy-efficient process control solutions, and the integration of APC with the traditional business process.
The demand for high efficiency and a low-cost model and the success achieved in easing business processes are major driving forces supporting the growth of the market. Conversely, high costs of implementation and the reduced potential APC for knowledge-based business processes are some of the factors challenging the growth of APC market.
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Regional Analysis:
The North American region leads the global advanced process control market holding the largest market share. Factors fueling the growth of the regional market include substantial investments transpired into the field of technological development and the presence of the fervent market players that can offer cutting-edge technologies. Simultaneously, the increasing adoption of these tools in some of the burgeoning sectors such as healthcare, media & entertainment, BFSI, and IT & telecommunication are impacting the market growth, positively.
Besides the availability of well-established infrastructure that allows faster implementation of advanced technologies provides impetus to the market growth. The U.S. and Canada heading with the increasing technological advancements and the uptake of APC solutions are leading the North American market. Continuing with the same growth trends, North America is expected to retain its dominance over the global APC market creating a larger revenue pocket.
The European APC market, led by the demand from the various sectors accounts for the second-largest market, globally. Also, the augmented uptake of these solutions fuels the increase in the regional market. The resurging economy is playing a major role in contributing to the market growth in the region, significantly.
Asia Pacific region, on the other hand, is emerging as a profitable market for the advanced process control and is expected to witness a healthy growth over the review period. Factors such as increasing urbanization alongside the growing healthcare and entertainment industry which is driven by the improving economy in the region foster the market growth.
Segmentation:
The report is segmented into four key market dynamics to widen the scope of understanding,
By Type: Multivariable Model Predictive Control, Advanced Regulatory Control, Inferential Control, Compressor Control, and Sequential Control, among others.
By Revenue Source: Software and Services, among others.
By Application: Pharmaceuticals, Oil & Gas, Power, Food & Beverages, Chemicals, Petrochemicals, and Semiconductors among others.
By Region: Europe, North America, Asia Pacific, and the Rest-of-the-World.
Competitive Dashboard:
Highly competitive, the advanced process control market appears to be diversified due to the presence of several large and small-scale small players. To gain an edge over their competitors in the market, matured players adopt strategies such as acquisition and merger, expansion, collaboration, and technology launch.
These players also invest increasingly in R&D to develop a cost-competitive product portfolio and to acquire small yet promising companies in the emerging markets. They strive to address the critical market needs with a wide range of solutions and effective & complete workflow.
Major Players:
Players leading the global APC market are Aspen Technology, Inc., Emerson Electric Co., ABB Ltd., Honeywell International, Inc., Rockwell Automation, Inc., General Electric Co., Schneider Electric SE, Yokogawa Corporation, Rudolph Technologies, Inc., and Siemens AG, among others.
Industry/ Innovation /Related News:
June 24, 2019 --- Nanometrics Incorporated (the US), a leading provider of advanced process control metrology and software analytics, and Rudolph Technologies, Inc. (the US), a leading provider of semiconductor process control systems, announced the signing of a merger to create a premier semiconductor process control company.
Combining an all-stock merger of equal transactions, the merged company will be a premier company, providing end-to-end process control software, metrology, inspection, and lithography equipment to the semiconductor industry and other advanced markets. Considering the fact that customers are to continue to invest in more advanced process control (APC) solutions, the combined technology portfolio and established channels to these markets are estimated to accelerate the ability to serve both front-end and back-end markets.
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Advanced Process Control (APC) Software Market Intelligence Report Offers Growth Prospects 2018 – 2026

Advanced process control software has major applications which include improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.
The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost.
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Key Players in the Global Advanced Process Control Software Market
Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.
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System Integrator Market World’s Leading Business In 2019-Know Your Competitors New Strategy's, Innovations and Technique's To sustain In Market From Data Bridge Market Research Report Till 2026
The System Integrator business report is an ultimate solution for businesses if they want to stay ahead of the competition in today's fast moving business environment. This report studies the global market status and forecast, categorizes the global market size (value & volume) by key players, type, application, and region.
Market Characterization-:
The overall System Integrator market is characterized on the basis of different analysis-:
Global System Integrator Market is expected to rise from its initial estimated value of USD 58.73 billion in 2018 to an estimated value of USD 90.82 billion by 2026, registering a CAGR of 5.6% in the forecast period of 2019-2026.
System Integrator market Definition-:
A systems integrator can be system that integrates together elements subsystems into a whole and ensuring that those subsystems function together, and a practice known as system integration. System Integrator performs multiple tasks at the same time to optimize the business operation and increase productivity.
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Market Dynamics Analysis-:
This includes two major categories which are-:
Market Drivers:
· There is high demand for low-cost, energy-efficient production processes which is expected to act as a driver to the market growth
· There is high demand for advance cloud computing technology which is driving the market.
· There is rice in automation systems due to safety and security concerns which is expected to act as a driver to the market growth
Market Restraints:
· High investments required for automation implementation and maintenance is expected to act as a restraint to the market growth
· Fluctuation in crude oil prices affecting investments in infrastructure automation is expected to act as a restraint to the market growth
Key System Integrator market players Analysis-:
The study given in this section offers details of key market players. It likewise clarifies the marketing strategies adopted by these players as well as portrays their shareholdings in the SYSTEM INTEGRATOR market.
Details of few key market players are given here- ABB (Switzerland), Emerson Electric Co (U.S.), Honeywell International Inc. (U.S.), Rockwell Automation, Inc (U.S.), Siemens AG (Germany). Prime Controls LP (U.S.), MAVERICK Technologies, LLC (U.S.), John Wood Group PLC (U.S.), INTECH Process Automation Inc (U.S.), Mangan Inc. (U.S.), ATS Automation Tooling Systems Inc (Canada), Wunderlich – Malec Engineering Inc (US), Avanceon (US), Dynamysk Automation Ltd. (Canada), Tesco Controls Inc. (US), Stadler+Schaaf Mess–Und Regeltechnik GmbH (Germany), IG Design Group plc (UK), CEC Controls Company, Inc..(US), Burrow Global LLC (US), Matrix Technologies Group (US), and others.
Segmentation Analysis-:
The total System Integrator market is further divided by company, by country, by manufacturer and by application/type for the competitive landscape examination.
Product Segmentation-
Global System integrator Market Service Outlook (Consulting, Infrastructure Integration, Software Integration) Technology (Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Programmable Automation Controller (PAC), and Remote Terminal Unit (RTU), Distributed Control System (DCS), Manufacturing Execution System (MES), Manufacturing Operations Management (MOM), Product Lifecycle Management (PLM), Human-Machine Interface (HMI), Advanced Process Control (APC), Operator Training Simulator (OTS), Safety Automation {Burner Management Systems (BMS), Emergency Shutdown Systems (ESD), Fire and Gas Monitoring and Control, High-Integrity Pressure Protection Systems (HIPPS), Turbomachinery Control (TMC)}, Industry (Oil & Gas, Chemicals & Petrochemical, Pulp & Paper, Pharmaceuticals, Automotive, Mining & Metals, Food & Beverages, Power Generation, Aerospace & Defense, Electrical & Electronics, Others)
Geographical Analysis-:
Under this section, Regional and country-level analysis of the System Integrator market has been performed-
Regional Segments Analysis:
The Middle East and Africa (GCC Countries and Egypt.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia.)
Set of Chapter covered in this report-:
Part 01: System Integrator Market Overview Part 02: Manufacturers Profiles Part 03: Global System Integrator Market Competition, by Players Part 04: Global System Integrator Market Size by Regions Part 05: North America System Integrator Revenue by Countries Part 06: Europe System Integrator Revenue by Countries Part 07: Asia-Pacific System Integrator Revenue by Countries Part 08: South America System Integrator Revenue by Countries Part 09: Middle East and Africa Revenue System Integrator by Countries
…….so on
New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request Detailed TOC Click here https://www.databridgemarketresearch.com/toc/?dbmr=global-system-integrator-market&sc
Highlights of TOC:
Market Overview: It starts with product overview and scope of the global System Integrator market and later gives consumption and production growth rate comparisons by application and product respectively. It also includes a glimpse of the regional study and System Integrator market size analysis for the review period 2019-2026.
Company Profiles: Each company profiled in the report is assessed for its market growth keeping in view vital factors such as price; System Integrator market gross margin, revenue, production, markets served, main business, product specifications, applications, and introduction, areas served, and production sites.
Manufacturing Cost Analysis: It includes industrial chain analysis, manufacturing process analysis, the proportion of manufacturing cost structure, and the analysis of key raw materials.
Market Dynamics: Readers are provided with a comprehensive analysis of System Integrator market challenges, influence factors, drivers, opportunities, and trends.
Market Forecast: Here, the System Integrator report provides consumption forecast by application, price, revenue, and production forecast by product, consumption forecast by region, production forecast by region, and production and revenue forecast.
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Advanced Process Control Market Overview, Key Players Analysis, Emerging Opportunities, Comprehensive Research Study, Competitive Landscape and Potential of Industry from 2019-2023
Market Highlights
Advanced Process Control (APC) is a comprehensive model predictive control software that enhances process profitability by improving quality, increasing throughput while reducing energy usages. This state-of-the-art technology provides automatic control systems that are capable of releasing process potential across the industries including Food & Beverages, Refining, Petrochemical, and Mining.
Leverage to the economic environment, today, where manufacturers are confronted by the challenges of curtailed capital budgets and rising overheads, manufacturing cost, energy costs, and struggle to stay at the front of the competition in the global market.
Advanced Process Control helps them address complex manufacturing challenges with various solutions that can extract maximum value from the manufacturing processes. It improves production yield, quality, and reduce energy consumption optimizing manufacturing operations.
As a result, advanced process control is being quickly absorbed in various industries for optimizing operational techniques. Consecutively, the APC market is growing rapidly witnessing the widened deployment of APC solution. Moreover, increasing mandates to save energy are key driving force escalating the market on the global platform.
Considering the impressive growth records, the market perceives, today, Market Research Future (MRFR) in its recently published study report asserts that the global advanced process control market will register an impressive CAGR over 12.09% throughout the forecast period (2017-2023), witnessing exponential accruals.
Introduction of new labor safety norms and increasing requirement for energy efficient process control solutions are major driving forces supporting the growth of the market. The factors providing impetus to the APC market growth include the high efficiency at low-cost model and ease in business processes demonstrated by APC and the integration of advanced process control with the traditional business process.
On the other hand, factors challenging the growth of APC market include high costs of implementation and the reduced potential APC for knowledge-based business processes.
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Segmentation:
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Type: Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential Control, Sequential Control, and Compressor Control among others.
By Revenue Source: Software and Service among others.
By Application: Oil & Gas, Pharmaceuticals, Power, Food & Beverages, Petrochemicals, Chemicals, and Semiconductors among others.
By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Regional Analysis:
The North American region leads the global advanced process control market holding the largest market share. Factors fueling the growth of the regional market include substantial investments transpired into the field of technological development and the presence of the fervent market players that can offer cutting-edge technologies. Simultaneously, the increasing adoption of these tools in some of the burgeoning sectors such as healthcare, media & entertainment, BFSI, and IT & telecommunication are impacting the market growth, positively.
Besides the availability of well-established infrastructure that allows faster implementation of advanced technologies provides impetus to the market growth. The U.S. and Canada heading with the increasing technological advancements and the uptake of APC solutions are leading the North American market. Continuing with the same growth trends, North America is expected to retain its dominance over the global APC market creating a larger revenue pocket.
The European APC market, led by the demand from the various sectors accounts for the second-largest market, globally. Also, the augmented uptake of these solutions fuels the increase in the regional market. The resurging economy is playing a major role in contributing to the market growth in the region, significantly.
Asia Pacific region, on the other hand, is emerging as a profitable market for the advanced process control and is expected to witness a healthy growth over the review period. Factors such as increasing urbanization alongside the growing healthcare and entertainment industry which is driven by the improving economy in the region foster the market growth.
Global Advanced Process Control Market – Competitive Analysis
The advanced process control market appears to be highly competitive characterized by the presence of several well-established as well as small players. Matured players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and technology launch in order to gain a competitive advantage and thus to maintain their positions in this market.
Well-established players are increasingly investing in R&D to develop a cost-effective product portfolio and are seeking expansion through various strategic initiatives. These players tap the growing markets for expansions and strive to address the critical needs of the market with a broad range of solutions and effective and complete workflow.
Major Players:
Key players leading the global APC market include Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., General Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Corporation, and Siemens AG among others.
Industry/ Innovation /Related News:
January 28, 2019 --- Saki Corporation (Japan), an innovator in the field of automated optical and x-ray inspection and measurement equipment, announced that its automated optical inspection (AOI) systems are the first AOI systems to be certified by Panasonic to support its APC-MFB2 System.
This partnership with Panasonic Smart Factory Solutions brings Saki a very important aspect for yield improvement, not only in the pre-reflow process but in the entire SMT line for meeting M2M connection requirements.
January 10, 2019 --- ControlSoft, Inc. (the US), a leading global provider of software products and advanced control technologies used for real-time process control in industrial markets announced the acquisition of eSimulation, Inc. (the US), a pioneer in the field of midstream natural gas gathering and processing cloud-based software solutions.
The acquisition allows eSimulation to offer a range of solutions to the midstream and upstream industries. For instance, ControlSoft’s MANTRA advanced process control (APC) platform can help stabilize gas plants, condensate stabilizers, and fractionation facilities and enable operators to effectively hit optimization targets among others.
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List of Tables
TABLE 1 GLOBAL VIRTUAL REALITY MARKET BY COMPONENT, 2017-2027 (USD BILLION)
TABLE 2 GLOBAL VIRTUAL REALITY MARKET, BY DEVICE TYPE, 2017-2027 (USD BILLION)
TABLE 3 GLOBAL VIRTUAL REALITY MARKET, BY TECHNOLOGY, 2017-2027 (USD BILLION)
TABLE 4 GLOBAL VIRTUAL REALITY MARKET, BY VERTICAL 2017-2027 (USD BILLION)
TABLE 5 GLOBAL VIRTUAL REALITY MARKET, 2017-2027 (USD BILLION)
TABLE 6 NORTH AMERICA VIRTUAL REALITY MARKET BY COUNTRY,2017-2027 (USD BILLION)
TABLE 7 NORTH AMERICA VIRTUAL REALITY MARKET BY COMPONENT, 2017-2027 (USD BILLION)
TABLE 8 NORTH AMERICA VIRTUAL REALITY MARKET BY DEVICE TYPE, 2017-2027 (USD BILLION)
TABLE 9 NORTH AMERICA VIRTUAL REALITY MARKET BY TECHNOLOGY,2017-2027 (USD BILLION)
TABLE 10 NORTH AMERICA VIRTUAL REALITY MARKET BY VERTICAL, 2017-2027 (USD BILLION)
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Advanced Process Control (APC) Software Market Future Demand, Market Analysis and Outlook to 2026
Advanced process control software has major applications which include improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.
The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost.
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Large scale enterprises and SMEs needs to install the advanced process control systems in order to reduce the energy cost. In addition to this, the increasing demand of the software to predict the failure at the component level and improvement of data accuracy which helps to improve the system performance which accelerates the growth of the advance process control software market.
Advanced Process Control Software Market Taxonomy
On the basis of control type, the global advanced process control software market is classified into Advanced regulatory control, Multivariable model predictive control, Inferential control, Sequential control, Compressor control
On the basis of end-use industry, the global advanced process control software market is classified into Oil and Gas, Petrochemicals, Chemicals, Power, Pharmaceuticals, Food & Beverages, Others
Among end-use industries, oil and gas industry segment dominated the global advanced process control software market in 2016 and is projected to retain its dominance throughout the forecast period. Companies engaged in the oil & gas sector are increasingly inclined toward reducing waste production in order to curtail losses, both in terms of revenue and materials. This increases demand for APC solutions in this sector.
Advanced Process Control Software Market Outlook – Asia Pacific holds significant market share
On the basis of geography, global advanced process control software market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global advanced process control software market and is projected to retain its dominance throughout the forecast period. India and China are expected to drive the market for advanced process control software in the region.
Read detail market study @ https://www.coherentmarketinsights.com/ongoing-insight/advanced-process-control-software-market-598
Key Players in the Global Advanced Process Control Software Market
Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us:
Mr. Shah Coherent Market Insights 1001 4th Ave, #3200 Seattle, WA 98154 Tel: +1-206-701-6702 Email: [email protected]
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Advanced Process Control (APC) Software Market Foreseen to Grow Exponentially through 2018-2026
Advanced process control software has major applications which include improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.
The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost.
Request PDF Brochure for Sample Purpose @ https://www.coherentmarketinsights.com/insight/request-pdf/598
Large scale enterprises and SMEs needs to install the advanced process control systems in order to reduce the energy cost. In addition to this, the increasing demand of the software to predict the failure at the component level and improvement of data accuracy which helps to improve the system performance which accelerates the growth of the advance process control software market.
Advanced Process Control Software Market Taxonomy
On the basis of control type, the global advanced process control software market is classified into Advanced regulatory control, Multivariable model predictive control, Inferential control, Sequential control, Compressor control
On the basis of end-use industry, the global advanced process control software market is classified into Oil and Gas, Petrochemicals, Chemicals, Power, Pharmaceuticals, Food & Beverages, Others
Among end-use industries, oil and gas industry segment dominated the global advanced process control software market in 2016 and is projected to retain its dominance throughout the forecast period. Companies engaged in the oil & gas sector are increasingly inclined toward reducing waste production in order to curtail losses, both in terms of revenue and materials. This increases demand for APC solutions in this sector.
Advanced Process Control Software Market Outlook – Asia Pacific holds significant market share
On the basis of geography, global advanced process control software market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global advanced process control software market and is projected to retain its dominance throughout the forecast period. India and China are expected to drive the market for advanced process control software in the region.
Read detail market study @ https://www.coherentmarketinsights.com/ongoing-insight/advanced-process-control-software-market-598
Key Players in the Global Advanced Process Control Software Market
Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.
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Advanced Process Control Market 2019 Better Investment Opportunities with Top Key Leaders
The report on the global Advanced Process Control market covers historical market trends, current market dynamics, market valuation by segmentation as well as region, country-level analysis for every segment, key player's market share analysis, competitive landscape and supply chain analysis.
Market Highlights:
Advanced Process Control (APC) is a comprehensive model predictive control software that enhances process profitability by improving quality, increasing throughput while reducing energy usages. This state-of-the-art technology provides automatic control systems that are capable of releasing process potential across the industries including Food & Beverages, Refining, Petrochemical, and Mining.
Leverage to the economic environment, today, where manufacturers are confronted by the challenges of curtailed capital budgets and rising overheads, manufacturing cost, energy costs, and struggle to stay at the front of the competition in the global market.
Advanced Process Control helps them address complex manufacturing challenges with various solutions that can extract maximum value from the manufacturing processes. It improves production yield, quality, and reduce energy consumption optimizing manufacturing operations.
Major Key Players
ABB Ltd.,
Aspen Technology, Inc.,
Emerson Electric Co.,
General Electric Co.,
Honeywell International, Inc.,
Rockwell Automation, Inc.,
Rudolph Technologies, Inc.,
Schneider Electric SE,
Siemens AG,
Yokogawa Corporation.
According to MRFR, the global Advanced Process Control Market is set to surge at an impressive CAGR of 12.09% between 2017 and 2023. Introduction of new labor safety & security norms and increasing requirement for energy efficient process control solutions are two of the major factors supporting the growth of the market.
Industry/ Innovation /Related News:
January 28, 2019 --- Saki Corporation (Japan), an innovator in the field of automated optical and x-ray inspection and measurement equipment, announced that its automated optical inspection (AOI) systems are the first AOI systems to be certified by Panasonic to support its APC-MFB2 System.
This partnership with Panasonic Smart Factory Solutions brings Saki a very important aspect for yield improvement, not only in the pre-reflow process but in the entire SMT line for meeting M2M connection requirements.
January 10, 2019 --- ControlSoft, Inc. (the US), a leading global provider of software products and advanced control technologies used for real-time process control in industrial markets announced the acquisition of eSimulation, Inc. (the US), a pioneer in the field of midstream natural gas gathering and processing cloud-based software solutions.
The acquisition allows eSimulation to offer a range of solutions to the midstream and upstream industries. For instance, ControlSoft’s MANTRA advanced process control (APC) platform can help stabilize gas plants, condensate stabilizers, and fractionation facilities and enable operators to effectively hit optimization targets among others.
Competitive Analysis
The advanced process control market appears to be highly competitive characterized by the presence of several well-established as well as small players. Matured players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and technology launch in order to gain a competitive advantage and thus to maintain their positions in this market.
Well-established players are increasingly investing in R&D to develop a cost-effective product portfolio and are seeking expansion through various strategic initiatives. These players tap the growing markets for expansions and strive to address the critical needs of the market with a broad range of solutions and effective and complete workflow.
Regional Analysis
The North American region leads the global advanced process control market holding the largest market share. Factors fueling the growth of the regional market include substantial investments transpired into the field of technological development and the presence of the fervent market players that can offer cutting-edge technologies. Simultaneously, the increasing adoption of these tools in some of the burgeoning sectors such as healthcare, media & entertainment, BFSI, and IT & telecommunication are impacting the market growth, positively.
The European APC market, led by the demand from the various sectors accounts for the second-largest market, globally. Also, the augmented uptake of these solutions fuels the increase in the regional market. The resurging economy is playing a major role in contributing to the market growth in the region, significantly.
Asia Pacific region, on the other hand, is emerging as a profitable market for the advanced process control and is expected to witness a healthy growth over the review period. Factors such as increasing urbanization alongside the growing healthcare and entertainment industry which is driven by the improving economy in the region foster the market growth.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/advanced-process-control-market-4805
Intended Audience
Software Developers
End-Users
Government
Research
Education
Distribution vendors
Technology Innovators
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Market Research Future
+1 646 845 9312
Email: [email protected]
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Advanced Process Control (APC) Software Market Overview, Growth Impact and Demand by Regions till 2026

In control theory, advanced process control involves deployment of a wide range of methods and technologies within an industrial process control system. Some of the key advantages of advanced process control software are improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.
Download PDF To explore detail study @ https://www.coherentmarketinsights.com/insight/request-pdf/598
The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost. Large scale enterprises and SMEs needs to install the advanced process control systems in order to reduce the energy cost. In addition to this, the increasing demand of the software to predict the failure at the component level and improvement of data accuracy which helps to improve the system performance which accelerates the growth of the advance process control software market.
Among end-use industries, oil and gas industry segment dominated the global advanced process control software market in 2016 and is projected to retain its dominance throughout the forecast period. Companies engaged in the oil & gas sector are increasingly inclined toward reducing waste production in order to curtail losses, both in terms of revenue and materials. This increases demand for APC solutions in this sector. Even minor variations in the production process in this highly capital and resource intensive sector can result in major wastage of raw material, which in turn increases production cost. Therefore, industry players are increasingly inclined toward adoption of APC software that provide accurate data processing and help solve complexity related to production.
Browse More About the Market Study @ https://www.coherentmarketinsights.com/ongoing-insight/advanced-process-control-software-market-598
"Advanced Process Control Software Market Outlook – Asia Pacific holds significant market share"
On the basis of geography, global advanced process control software market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global advanced process control software market and is projected to retain its dominance throughout the forecast period. India and China are expected to drive the market for advanced process control software in the region. The growth in chemical industry in China is projected to offer significant growth opportunities for the advanced process control software market in the country. In 2016, chemical industry in China generated a revenue of US$ 1.4 trillion (CNY 9.5 trillion), which is expected to reach US$ 2.9 trillion (CNY 19.5 trillion) by 2020.
"Advanced Process Control Software Market Taxonomy"
On the basis of control type, the global advanced process control software market is classified into:
Advanced regulatory control
Multivariable model predictive control
Inferential control
Sequential control
Compressor control
On the basis of end-use industry, the global advanced process control software market is classified into:
Oil and Gas
Petrochemicals
Chemicals
Power
Pharmaceuticals
Food & Beverages
Others
Key Players in the Global Advanced Process Control Software Market
Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.
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#Advanced Process Control (APC) Software Market#Advanced Process Control (APC) Software Market Size#Advanced Process Control (APC) Software Industry Growth#Advanced Process Control (APC) Software Market Research Surveys
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Новости сайта #ENGINEERING - 工程
New Post has been published on http://engineer.city/process-improvements-at-the-bashneft-oil-refining-complex/
Process improvements at the Bashneft oil refining complex
Honeywell's Profit Controller allowed the Bashneft refineries to significantly increase the output of target products, decrease energy usage, improve the stability of their quality indicators and the overall plant operational efficiency. The APC software solutions are elements of the innovative Honeywell Profit Optimisation Suite.
“Honeywell products are able to fully perform the work of an operator, automatically controlling a separate unit or an installation as a whole,” said Alexei Zenkevich, country business executive, HPS in Russia, Belarus, and Armenia. “Complex automation also reduces the impact on the process of external factors, such as changes in raw material properties, production tasks and inaccurate actions of operators.”
Profit Controller is software for multivariable technological process control based on a predictive model. The system contains the optimal set of algorithms for automatic control, using the data of the technological process and virtual analysers as input signals, and allows users to track the quality of the products and the profitability of production in real time. Profit SensorPro is the auxiliary software that performs the function of virtual analysers. In real time it calculates the quality indicators based on the measurable parameters (temperature, pressure, raw material consumption, etc.). This enables users to control the quality of products online without waiting, for example, for a manual sampling and laboratory analysis.
Tests and the pilot implementation of the system were conducted beginning in 2013 and were rolled out at several other facilities since that time. Currently, five advanced process control systems are in operation at the Bashneft oil refining complex.
Tags:
global oil and gas
Images:
Categories:
Oil and Gas Engineer
Production/Processing
Source: engineerlive.com
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Advanced process control involves deployment of a wide range of methods and technologies within an industrial process control system.
Some of the key advantages of advanced process control software are improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption.
0 notes
Text
Advanced Process Control Market Growth, Size, Share, Global Forecasts Analysis, Company Profiles, Competitive Landscape and Key Regions, Research Report Forecast to 2023 | Corona-Virus Impact
Market Highlights
According to Market Research Future (MRFR), the global advanced process control market would register 12.09% CAGR throughout the forecast period (2017-2023), witnessing exponential accruals.
Advanced Process Control (APC) enhances process profitability by improving quality, increasing throughput while reducing energy usages. The state-of-the-art APC technologies are capable of releasing process potential across the industries, including food & beverages, refining, petrochemical, and mining.
Leverage to the economic environment, today, manufacturers are confronted by the need to curtail the capital budgets due to the rising overheads, manufacturing cost, energy costs, and struggle to stay at the front of the market competition.
Advanced process control helps manufacturers to address such complex challenges with various solutions that can extract maximum value from the manufacturing processes. APC also improves production yield, quality, and reduce energy consumption, optimizing manufacturing operations.
Resultantly, advanced process control solutions are garnering a colossal market prominence, getting quickly absorbed in various industries for optimized operational techniques. The APC market is witnessing rising deployments of these solutions. Moreover, increasing mandates to save energy are acting as significant tailwinds escalating the market on the global platform.
Additional factors influencing the growth of the market include the introduction of new labor safety norms, increasing requirement for energy-efficient process control solutions, and the integration of APC with the traditional business process.
The demand for high efficiency and a low-cost model and the success achieved in easing business processes are major driving forces supporting the growth of the market. Conversely, high costs of implementation and the reduced potential APC for knowledge-based business processes are some of the factors challenging the growth of APC market.
Competitive Dashboard:
Highly competitive, the advanced process control market analysis appears to be diversified due to the presence of several large and small-scale small players. To gain an edge over their competitors in the market, matured players adopt strategies such as acquisition and merger, expansion, collaboration, and technology launch.
Major Players:
Players leading the global APC market are Aspen Technology, Inc., Emerson Electric Co., ABB Ltd., Honeywell International, Inc., Rockwell Automation, Inc., General Electric Co., Schneider Electric SE, Yokogawa Corporation, Rudolph Technologies, Inc., and Siemens AG, among others.
Regional Analysis:
North America would retain its leading position in the global advanced process control market. Factors fueling the regional market growth include substantial investments made into the development of technologies and the presence of major manufacturers that can offer cutting-edge technologies. Also, the increasing adoption of these solutions in some of the burgeoning sectors, including healthcare, O&G, and Power, is influencing the growth of the market in the region.
Besides, the well-established infrastructure in the region provides impetus to the regional market growth, allowing faster development and implementation of advanced technologies. The US and Canada lead the North American APC market, heading with the increasing technological advancements and the uptake of these solutions.
The advanced process control market in the European region accounts for the second-largest market, globally. The demand from the various sectors and the augmented uptake of these solutions lead the market growth, predominantly. The resurging economy in the region s playing a significant role in the growth of the market.
The advanced process control market in the Asia Pacific region is emerging as a profitable market, globally. The improving economy that drives the urbanization and healthcare and entertainment industry in the region fosters market growth. The market is estimated to witness healthy growth over the review period.
These players also invest increasingly in R&D to develop a cost-competitive product portfolio and to acquire small yet promising companies in the emerging markets. They strive to address the critical market needs with a wide range of solutions and effective & complete workflow.
Segmentation:
The report is segmented into four key market dynamics to widen the scope of understanding,
By Type: Multivariable Model Predictive Control, Advanced Regulatory Control, Inferential Control, Compressor Control, and Sequential Control, among others.
By Revenue Source: Software and Services, among others.
By Application: Pharmaceuticals, Oil & Gas, Power, Food & Beverages, Chemicals, Petrochemicals, and Semiconductors among others.
By Region: Europe, North America, Asia Pacific, and the Rest-of-the-World.
Industry/ Innovation /Related News:
June 24, 2019 --- Nanometrics Incorporated (the US), a leading provider of advanced process control metrology and software analytics, and Rudolph Technologies, Inc. (the US), a leading provider of semiconductor process control systems, announced the signing of a merger to create a premier semiconductor process control company.
Combining an all-stock merger of equal transactions, the merged company will be a premier company, providing end-to-end process control software, metrology, inspection, and lithography equipment to the semiconductor industry and other advanced markets. Considering the fact that customers are to continue to invest in more advanced process control (APC) solutions, the combined technology portfolio and established channels to these markets are estimated to accelerate the ability to serve both front-end and back-end markets.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/advanced-process-control-market-4805
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Advanced Process Control (APC) Software Market - Global Industry Insights, Trends, Outlook, and Opportunity Analysis, 2017-2025
In control theory, advanced process control involves deployment of a wide range of methods and technologies within an industrial process control system. Some of the key advantages of advanced process control software are improvement in operational understanding, better equipment reliability, enhanced process safety, reduction in process settle time, improved production capacity, and reduction in power consumption. The aforementioned advantages are expected to fuel demand for advanced process control software in various end-use industries.
Request Sample of Advanced Process Control (APC) Software Market: https://www.coherentmarketinsights.com/insight/request-sample/598
The increasing demand for energy efficient production process is one of the major drivers which is contributing in the growth of the advance process control software market globally. The improvement of energy efficiency by using the advance process control software primarily helps the companies to reduce the cost of the energy and increase the productivity. Food industry, paper industry, chemical manufacturing product industry are some of the major industries in which the energy cost makes up above 3% of the production cost. Large scale enterprises and SMEs needs to install the advanced process control systems in order to reduce the energy cost. In addition to this, the increasing demand of the software to predict the failure at the component level and improvement of data accuracy which helps to improve the system performance which accelerates the growth of the advance process control software market.
Advanced Process Control Software Market Taxonomy
On the basis of control type, the global advanced process control software market is classified into:
Advanced regulatory control
Multivariable model predictive control
Inferential control
Sequential control
Compressor control
On the basis of end-use industry, the global advanced process control software market is classified into:
Oil and Gas
Petrochemicals
Chemicals
Power
Pharmaceuticals
Food & Beverages
Others
Among end-use industries, oil and gas industry segment dominated the global advanced process control software market in 2016 and is projected to retain its dominance throughout the forecast period. Companies engaged in the oil & gas sector are increasingly inclined toward reducing waste production in order to curtail losses, both in terms of revenue and materials. This increases demand for APC solutions in this sector. Even minor variations in the production process in this highly capital and resource intensive sector can result in major wastage of raw material, which in turn increases production cost. Therefore, industry players are increasingly inclined toward adoption of APC software that provide accurate data processing and help solve complexity related to production.
Check the Trending Report of Advanced Process Control (APC) Software Market: https://www.coherentmarketinsights.com/ongoing-insight/advanced-process-control-software-market-598
Advanced Process Control Software Market Outlook – Asia Pacific holds significant market share
On the basis of geography, global advanced process control software market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East, and Africa. Asia Pacific holds the dominant position in the global advanced process control software market and is projected to retain its dominance throughout the forecast period. India and China are expected to drive the market for advanced process control software in the region. The growth in chemical industry in China is projected to offer significant growth opportunities for the advanced process control software market in the country. In 2016, chemical industry in China generated a revenue of US$ 1.4 trillion (CNY 9.5 trillion), which is expected to reach US$ 2.9 trillion (CNY 19.5 trillion) by 2020.
Key Players in the Global Advanced Process Control Software Market
Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., GeneralElectric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Electric Corp., and Siemens AG are some of the major players in the global advanced process control software market.
About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.
Contact Us
Mr. Shah
Coherent Market Insights 1001 4th Ave,
#3200 Seattle,
WA 98154
Tel: +1-206-701-6702
Email: [email protected]
Website: https://www.coherentmarketinsights.com/
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Text
Advanced Process Control (APC) Market 2019 Size, Share, Trend, Key Vendor Analysis and Outlook to 2023 | COVID-19 Impact
Market Highlights
Advanced Process Control (APC) is a comprehensive model predictive control software that enhances process profitability by improving quality, increasing throughput while reducing energy usages. This state-of-the-art technology provides automatic control systems that are capable of releasing process potential across the industries including Food & Beverages, Refining, Petrochemical, and Mining.
Leverage to the economic environment, today, where manufacturers are confronted by the challenges of curtailed capital budgets and rising overheads, manufacturing cost, energy costs, and struggle to stay at the front of the competition in the global market.
Advanced Process Control helps them address complex manufacturing challenges with various solutions that can extract maximum value from the manufacturing processes. It improves production yield, quality, and reduce energy consumption optimizing manufacturing operations.
As a result, advanced process control is being quickly absorbed in various industries for optimizing operational techniques. Consecutively, the APC market is growing rapidly witnessing the widened deployment of APC solution. Moreover, increasing mandates to save energy are key driving force escalating the market on the global platform.
Considering the impressive growth records, the market perceives, today, Market Research Future (MRFR) in its recently published study report asserts that the global advanced process control (APC) market will register an impressive CAGR over 12.09% throughout the forecast period (2017-2023), witnessing exponential accruals.
Introduction of new labor safety norms and increasing requirement for energy efficient process control solutions are major driving forces supporting the growth of the market. The factors providing impetus to the APC market growth include the high efficiency at low-cost model and ease in business processes demonstrated by APC and the integration of advanced process control with the traditional business process.
On the other hand, factors challenging the growth of APC market include high costs of implementation and the reduced potential APC for knowledge-based business processes.
Segmentation:
The MRFR analysis is segmented into four key dynamics for enhanced understanding.
By Type: Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential Control, Sequential Control, and Compressor Control among others.
By Revenue Source: Software and Service among others.
By Application: Oil & Gas, Pharmaceuticals, Power, Food & Beverages, Petrochemicals, Chemicals, and Semiconductors among others.
By Regions: Asia Pacific, North America, Europe, and the Rest-of-the-World.
Regional Analysis:
The North American region leads the global advanced process control market holding the largest market share. Factors fueling the growth of the regional market include substantial investments transpired into the field of technological development and the presence of the fervent market players that can offer cutting-edge technologies. Simultaneously, the increasing adoption of these tools in some of the burgeoning sectors such as healthcare, media & entertainment, BFSI, and IT & telecommunication are impacting the market growth, positively.
Besides the availability of well-established infrastructure that allows faster implementation of advanced technologies provides impetus to the market growth. The U.S. and Canada heading with the increasing technological advancements and the uptake of APC solutions are leading the North American market. Continuing with the same growth trends, North America is expected to retain its dominance over the global APC market creating a larger revenue pocket.
The European APC market, led by the demand from the various sectors accounts for the second-largest market, globally. Also, the augmented uptake of these solutions fuels the increase in the regional market. The resurging economy is playing a major role in contributing to the market growth in the region, significantly.
Asia Pacific region, on the other hand, is emerging as a profitable market for the advanced process control and is expected to witness a healthy growth over the review period. Factors such as increasing urbanization alongside the growing healthcare and entertainment industry which is driven by the improving economy in the region foster the market growth.
Global Advanced Process Control Market – Competitive Analysis
The advanced process control market appears to be highly competitive characterized by the presence of several well-established as well as small players. Matured players incorporate strategic initiatives such as acquisition, collaboration, partnership, expansion, and technology launch in order to gain a competitive advantage and thus to maintain their positions in this market.
Well-established players are increasingly investing in R&D to develop a cost-effective product portfolio and are seeking expansion through various strategic initiatives. These players tap the growing markets for expansions and strive to address the critical needs of the market with a broad range of solutions and effective and complete workflow.
Major Players:
Key players leading the global APC market include Aspen Technology, Inc., ABB Ltd., Emerson Electric Co., Honeywell International, Inc., General Electric Co., Rockwell Automation, Inc., Schneider Electric SE, Rudolph Technologies, Inc., Yokogawa Corporation, and Siemens AG among others.
Industry/ Innovation /Related News:
January 28, 2019 --- Saki Corporation (Japan), an innovator in the field of automated optical and x-ray inspection and measurement equipment, announced that its automated optical inspection (AOI) systems are the first AOI systems to be certified by Panasonic to support its APC-MFB2 System.
This partnership with Panasonic Smart Factory Solutions brings Saki a very important aspect for yield improvement, not only in the pre-reflow process but in the entire SMT line for meeting M2M connection requirements.
January 10, 2019 --- ControlSoft, Inc. (the US), a leading global provider of software products and advanced control technologies used for real-time process control in industrial markets announced the acquisition of eSimulation, Inc. (the US), a pioneer in the field of midstream natural gas gathering and processing cloud-based software solutions.
The acquisition allows eSimulation to offer a range of solutions to the midstream and upstream industries. For instance, ControlSoft’s MANTRA advanced process control (APC) platform can help stabilize gas plants, condensate stabilizers, and fractionation facilities and enable operators to effectively hit optimization targets among others.
Browse Complete Report @ https://www.marketresearchfuture.com/reports/advanced-process-control-market-4805
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