Advanced Process Control (APC) Market, Global Outlook and Forecast 2023-2029
In control theory Advanced process control (APC) refers to a broad range of techniques and technologies implemented within industrial process control systems. Advanced process controls are usually deployed optionally and in addition to basic process controls. Basic process controls are designed and built with the process itself, to facilitate basic operation, control and automation requirements. Advanced process controls are typically added subsequently, often over the course of many years, to address particular performance or economic improvement opportunities in the process.
This report aims to provide a comprehensive presentation of the global market for Advanced Process Control (APC), with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Advanced Process Control (APC). This report contains market size and forecasts of Advanced Process Control (APC) in global, including the following market information:
Global Advanced Process Control (APC) Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Advanced Process Control (APC) market was valued at US$ 661.4 million in 2022 and is projected to reach US$ 1031.9 million by 2029, at a CAGR of 6.6% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
North America and Asia-Pacific is anticipated to be major regional segment over the forecast period owing to rising energy efficient production and increasing infrastructure development. India and China is expected to be major revenue area in Asia Pacific over the forecast period.
We surveyed the Advanced Process Control (APC) companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Advanced Process Control (APC) Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Advanced Process Control (APC) Market Segment Percentages, by Type, 2022 (%)
Advanced Regulatory Control (ARC)
Multivariable Model Predictive Control (MPC)
Nonlinear MPC
Global Advanced Process Control (APC) Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Advanced Process Control (APC) Market Segment Percentages, by Application, 2022 (%)
Petroleum Industry
Chemical Industry
Power Industry
Metallurgical Industry
Other
Global Advanced Process Control (APC) Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Advanced Process Control (APC) Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Advanced Process Control (APC) revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Advanced Process Control (APC) revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
ABB
Honeywell
Schneider Electric
Siemens
Aspen Technology
GE
Rockwell Automation
Yokogawa Electric
Outline of Major Chapters:
Chapter 1: Introduces the definition of Advanced Process Control (APC), market overview.
Chapter 2: Global Advanced Process Control (APC) market size in revenue.
Chapter 3: Detailed analysis of Advanced Process Control (APC) company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Advanced Process Control (APC) in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
