Please Wait.....
Report
Advanced Process Control Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028
Market Report I 2023-10-15 I 141 Pages I IMARC Group
Market Overview:
The global advanced process control market size reached US$ 1.6 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 2.5 Billion by 2028, exhibiting a growth rate (CAGR) of 8.1% during 2023-2028.
Advanced process control (APC) refers to a set of sophisticated technologies and model-based software that is implemented in various industries for maximizing operational efficiency. It includes digital control units and online sensors, which aids in enhancing production capacity and equipment reliability, automating data collection, and monitoring process parameters while consuming minimal energy. This, in turn, assists enterprises in optimizing manufacturing operations, solving multivariable control problems, reducing disruption, catering process control system requirements, and improving productivity. At present, APC is commercially available in varying types, such as advanced regulatory control (ARC), multivariable model predictive control (MPC), and nonlinear MPC.
Advanced Process Control Market Trends:
The widespread adoption of advanced process control across the petrochemicals, chemical, pharmaceuticals, oil and gas, food and beverage (F&B), and paper and pulp industries can be attributed to the increasing need for efficient automation solutions. Advanced process control eliminates the involvement of humans in production processes, thereby reducing the risks of accidents and enhancing safety. Additionally, rising concerns regarding industry-generated emissions, especially from oil and gas, have prompted governments of various countries to introduce policies that promote the use of advanced process control. This, in turn, helps in minimizing the operational costs, capital expenditure, and negative environmental impact, which is further propelling the market growth. In line with this, significant technological advancements and the integration of process analytical technology (PAT) for equipping workers with offline and online model building, verification, and data analysis tools to enable the precise performance of industry-related tasks are acting as other growth-inducing factors. Moreover, the extensive utilization of APC for allowing instant modification in the production operations is contributing to the market growth. Other factors, such as strategic collaborations amongst the key players and the rising investments in the research and development (R&D) activities for introducing energy-efficient process controlling systems, are creating a positive outlook for the market.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global advanced process control market report, along with forecasts at the global, regional and country level from 2023-2028 Our report has categorized the market based on component and end use industry.
Breakup by Component:
Software
Service
Breakup by End Use Industry:
Oil and Gas
Petrochemical
Pharmaceutical
Food and Beverage
Energy and Power
Chemical
Others
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being ABB Ltd., Aspen Technology Inc., Azbil Corporation, Emerson Electric Co., FLSmidth & Co. A/S, General Electric Company, Honeywell International Inc., Onto Innovation, Panasonic Corporation, Rockwell Automation Inc., Schneider Electric SE, Siemens AG and Yokogawa Electric Corporation.
Key Questions Answered in This Report
1. How big is the global advanced process control market?
2. What is the expected growth rate of the global advanced process control market during 2023-2028?
3. What are the key factors driving the global advanced process control market?
4. What has been the impact of COVID-19 on the global advanced process control market?
5. What is the breakup of the global advanced process control market based on the component?
6. What is the breakup of the global advanced process control market based on the end use industry?
7. What are the key regions in the global advanced process control market?
8. Who are the key players/companies in the global advanced process control market?
1 Preface
2 Scope and Methodology
2.1Objectives of the Study
2.2Stakeholders
2.3Data Sources
2.3.1Primary Sources
2.3.2Secondary Sources
2.4Market Estimation
2.4.1Bottom-Up Approach
2.4.2Top-Down Approach
2.5Forecasting Methodology
3 Executive Summary
4 Introduction
4.1Overview
4.2Key Industry Trends
5 Global Advanced Process Control Market
5.1Market Overview
5.2Market Performance
5.3Impact of COVID-19
5.4Market Forecast
6 Market Breakup by Component
6.1Software
6.1.1 Market Trends
6.1.2 Market Forecast
6.2Service
6.2.1 Market Trends
6.2.2 Market Forecast
7 Market Breakup by End Use Industry
7.1Oil and Gas
7.1.1 Market Trends
7.1.2 Market Forecast
7.2Petrochemical
7.2.1 Market Trends
7.2.2 Market Forecast
7.3Pharmaceutical
7.3.1 Market Trends
7.3.2 Market Forecast
7.4Food and Beverage
7.4.1 Market Trends
7.4.2 Market Forecast
7.5Energy and Power
7.5.1 Market Trends
7.5.2 Market Forecast
7.6Chemical
7.6.1 Market Trends
7.6.2 Market Forecast
7.7Others
7.7.1 Market Trends
7.7.2 Market Forecast
8 Market Breakup by Region
8.1North America
8.1.1 United States
8.1.1.1 Market Trends
8.1.1.2 Market Forecast
8.1.2 Canada
8.1.2.1 Market Trends
8.1.2.2 Market Forecast
8.2Asia-Pacific
8.2.1 China
8.2.1.1 Market Trends
8.2.1.2 Market Forecast
8.2.2 Japan
8.2.2.1 Market Trends
8.2.2.2 Market Forecast
8.2.3 India
8.2.3.1 Market Trends
8.2.3.2 Market Forecast
8.2.4 South Korea
8.2.4.1 Market Trends
8.2.4.2 Market Forecast
8.2.5 Australia
8.2.5.1 Market Trends
8.2.5.2 Market Forecast
8.2.6 Indonesia
8.2.6.1 Market Trends
8.2.6.2 Market Forecast
8.2.7 Others
8.2.7.1 Market Trends
8.2.7.2 Market Forecast
8.3Europe
8.3.1 Germany
8.3.1.1 Market Trends
8.3.1.2 Market Forecast
8.3.2 France
8.3.2.1 Market Trends
8.3.2.2 Market Forecast
8.3.3 United Kingdom
8.3.3.1 Market Trends
8.3.3.2 Market Forecast
8.3.4 Italy
8.3.4.1 Market Trends
8.3.4.2 Market Forecast
8.3.5 Spain
8.3.5.1 Market Trends
8.3.5.2 Market Forecast
8.3.6 Russia
8.3.6.1 Market Trends
8.3.6.2 Market Forecast
8.3.7 Others
8.3.7.1 Market Trends
8.3.7.2 Market Forecast
8.4Latin America
8.4.1 Brazil
8.4.1.1 Market Trends
8.4.1.2 Market Forecast
8.4.2 Mexico
8.4.2.1 Market Trends
8.4.2.2 Market Forecast
8.4.3 Others
8.4.3.1 Market Trends
8.4.3.2 Market Forecast
8.5Middle East and Africa
8.5.1 Market Trends
8.5.2 Market Breakup by Country
8.5.3 Market Forecast
9 SWOT Analysis
9.1Overview
9.2Strengths
9.3Weaknesses
9.4Opportunities
9.5Threats
10 Value Chain Analysis
11 Porters Five Forces Analysis
11.1Overview
11.2Bargaining Power of Buyers
11.3Bargaining Power of Suppliers
11.4Degree of Competition
11.5Threat of New Entrants
11.6Threat of Substitutes
12 Price Analysis
13 Competitive Landscape
13.1Market Structure
13.2Key Players
13.3Profiles of Key Players
13.3.1ABB Ltd.
13.3.1.1 Company Overview
13.3.1.2 Product Portfolio
13.3.1.3 Financials
13.3.1.4 SWOT Analysis
13.3.2Aspen Technology Inc.
13.3.2.1 Company Overview
13.3.2.2 Product Portfolio
13.3.2.3 Financials
13.3.3Azbil Corporation
13.3.3.1 Company Overview
13.3.3.2 Product Portfolio
13.3.3.3 Financials
13.3.4Emerson Electric Co.
13.3.4.1 Company Overview
13.3.4.2 Product Portfolio
13.3.4.3 Financials
13.3.5FLSmidth & Co. A/S
13.3.5.1 Company Overview
13.3.5.2 Product Portfolio
13.3.5.3 Financials
13.3.6General Electric Company
13.3.6.1 Company Overview
13.3.6.2 Product Portfolio
13.3.6.3 Financials
13.3.6.4 SWOT Analysis
13.3.7Honeywell International Inc.
13.3.7.1 Company Overview
13.3.7.2 Product Portfolio
13.3.7.3 Financials
13.3.7.4 SWOT Analysis
13.3.8Onto Innovation
13.3.8.1 Company Overview
13.3.8.2 Product Portfolio
13.3.8.3 Financials
13.3.9Panasonic Corporation
13.3.9.1 Company Overview
13.3.9.2 Product Portfolio
13.3.9.3 Financials
13.3.9.4 SWOT Analysis
13.3.10Rockwell Automation Inc.
13.3.10.1 Company Overview
13.3.10.2 Product Portfolio
13.3.10.3 Financials
13.3.10.4 SWOT Analysis
13.3.11Schneider Electric SE
13.3.11.1 Company Overview
13.3.11.2 Product Portfolio
13.3.11.3 Financials
13.3.12Siemens AG
13.3.12.1 Company Overview
13.3.12.2 Product Portfolio
13.3.12.3 Financials
13.3.12.4 SWOT Analysis
13.3.13Yokogawa Electric Corporation
13.3.13.1 Company Overview
13.3.13.2 Product Portfolio
13.3.13.3 Financials
13.3.13.4 SWOT Analysis
Figure 1: Global: Advanced Process Control Market: Major Drivers and Challenges
Figure 2: Global: Advanced Process Control Market: Sales Value (in Billion US$), 2017-2022
Figure 3: Global: Advanced Process Control Market Forecast: Sales Value (in Billion US$), 2023-2028
Figure 4: Global: Advanced Process Control Market: Breakup by Component (in %), 2022
Figure 5: Global: Advanced Process Control Market: Breakup by End Use Industry (in %), 2022
Figure 6: Global: Advanced Process Control Market: Breakup by Region (in %), 2022
Figure 7: Global: Advanced Process Control (Software) Market: Sales Value (in Million US$), 2017 & 2022
Figure 8: Global: Advanced Process Control (Software) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 9: Global: Advanced Process Control (Service) Market: Sales Value (in Million US$), 2017 & 2022
Figure 10: Global: Advanced Process Control (Service) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 11: Global: Advanced Process Control (Oil and Gas) Market: Sales Value (in Million US$), 2017 & 2022
Figure 12: Global: Advanced Process Control (Oil and Gas) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 13: Global: Advanced Process Control (Petrochemical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 14: Global: Advanced Process Control (Petrochemical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 15: Global: Advanced Process Control (Pharmaceutical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 16: Global: Advanced Process Control (Pharmaceutical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 17: Global: Advanced Process Control (Food and Beverage) Market: Sales Value (in Million US$), 2017 & 2022
Figure 18: Global: Advanced Process Control (Food and Beverage) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 19: Global: Advanced Process Control (Energy and Power) Market: Sales Value (in Million US$), 2017 & 2022
Figure 20: Global: Advanced Process Control (Energy and Power) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 21: Global: Advanced Process Control (Chemical) Market: Sales Value (in Million US$), 2017 & 2022
Figure 22: Global: Advanced Process Control (Chemical) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 23: Global: Advanced Process Control (Other End Use Industries) Market: Sales Value (in Million US$), 2017 & 2022
Figure 24: Global: Advanced Process Control (Other End Use Industries) Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 25: North America: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 26: North America: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 27: United States: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 28: United States: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 29: Canada: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 30: Canada: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 31: Asia-Pacific: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 32: Asia-Pacific: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 33: China: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 34: China: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 35: Japan: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 36: Japan: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 37: India: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 38: India: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 39: South Korea: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 40: South Korea: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 41: Australia: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 42: Australia: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 43: Indonesia: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 44: Indonesia: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 45: Others: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 46: Others: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 47: Europe: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 48: Europe: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 49: Germany: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 50: Germany: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 51: France: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 52: France: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 53: United Kingdom: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 54: United Kingdom: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 55: Italy: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 56: Italy: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 57: Spain: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 58: Spain: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 59: Russia: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 60: Russia: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 61: Others: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 62: Others: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 63: Latin America: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 64: Latin America: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 65: Brazil: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 66: Brazil: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 67: Mexico: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 68: Mexico: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 69: Others: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 70: Others: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 71: Middle East and Africa: Advanced Process Control Market: Sales Value (in Million US$), 2017 & 2022
Figure 72: Middle East and Africa: Advanced Process Control Market: Breakup by Country (in %), 2022
Figure 73: Middle East and Africa: Advanced Process Control Market Forecast: Sales Value (in Million US$), 2023-2028
Figure 74: Global: Advanced Process Control Industry: SWOT Analysis
Figure 75: Global: Advanced Process Control Industry: Value Chain Analysis
Figure 76: Global: Advanced Process Control Industry: Porter's Five Forces Analysis
Table 1: Global: Advanced Process Control Market: Key Industry Highlights, 2022 and 2028
Table 2: Global: Advanced Process Control Market Forecast: Breakup by Component (in Million US$), 2023-2028
Table 3: Global: Advanced Process Control Market Forecast: Breakup by End Use Industry (in Million US$), 2023-2028
Table 4: Global: Advanced Process Control Market Forecast: Breakup by Region (in Million US$), 2023-2028
Table 5: Global: Advanced Process Control Market: Competitive Structure
Table 6: Global: Advanced Process Control Market: Key Players
- Not Sure / Need Reassuring
- Confirm Content
-
Content is provided by our partners and every effort is made to make Market Report details as clear as possible. If you are not sure the exact content you require is included in this study you can Contact us to double check. To do this you can:
Use the ‘? ASK A QUESTION’ below the license / prices and to the right of this box. This will come directly to our team who will work on dealing with your request as soon as possible.
Write to directly on support@scotts-international.com with details. Please include as much information as possible including the name of report or link so our staff will be able to work on you request.
Telephone us directly on 0048 603 394 346 and an experienced member of team will be on hand to answer.
-
- Sample Pages
-
With the vast majority of our partners we can obtain Sample Pages to support your decision. This is something we can arrange without revealing your personal details.
It is important to note that we will not be able to provide you the exact data or statistics such as Market Size and Forecasts. Sample pages usually confirm the layout or the Categories included in Charts and Graphs, excluding specific data.
To ask for Sample Pages by contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Check for Alternatives
-
Whilst we try to make our online platform as easy to use as possible there is always the possibility that a better alternative has not been found in your search.
To avoid this possibility Contact us through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346 and a Senior Team Member can review your requirements and send a list of possibilities with opinions and recommendations.
-
- Confirm Content
- Prices / Formats / Delivery
- Prices
-
All prices are set by our partners and should be exactly the same as those listed on their own websites. We work on a Revenue share basis ensuring that you never pay more than what is offered elsewhere.
Should you find the price cheaper on another platform we recommend you to Contact us as we should be able to match this price. You can Contact us though through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Discounts
-
As we work in close partnership with our Partners from time to time we can secure discounts and assist with negotiations, this is part of our personalised service to you.
Discounts can sometimes be arranged for speedily placed orders; multiple report purchases or Higher License purchases.
To check if a Discount is possible please Contact our experienced team through ‘? ASK A QUESTION’, support@scotts-international.com, or by telephoning 0048 603 394 346.
-
- Available Currencies
-
Most Market Reports on our platform are listed in USD or EURO based on the wishes of our Partners. To avoid currency fluctuations and potential price differentiations we do not offer the possibility to change the currency online.
Should you wish to pay in a different currency to that advertised online we do accept payments in USD, EURO, GBP and PLN. The price will be calculated based on the relevant exchange rate taken from our National Bank.
To pay in a different above currency to that advertised online please Contact our team and a quotation will be sent within a couple of hours with payment details.
-
- Licenses
-
License options vary from Partner to Partner as is usually based on the number of Users that will benefitting from the report. It is very important that License ordered is not breached as this could have potential negative consequences for you individually or your employer.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Global Site License
-
The Global Site License is the most comprehensive license available. By selecting this license, the Market Report can be shared with other ‘Allowed Users’ and any other member of staff from the same organisation regardless of geographic location.
It is important to note that this may exclude Parent Companies or Subsidiaries.
If you have questions or need confirmation about the specific license we recommend you to Contact us and a detailed explanation will be provided.
-
- Formats
-
The most common format is PDF, however in certain circumstances data may be present in Excel format or Online, especially in the case of Database or Directories. In addition, for certain higher license options a CD may also be provided.
If you have questions or need clarification about the specific formats we recommend you to Contact us and a detailed explanation will be provided.
-
- Delivery
-
Delivery is fulfilled by our partners directly. Once an order has been placed we inform the partner by sharing the delivery email details given in the order process.
Delivery is usually made within 24 hours of an order being placed, however it may take longer should your order be placed prior to the weekend or if otherwise specified on the Market Report details page. Additionally, if details have been not fully completed in the Order process a delay in delivery is possible.
If a delay in delivery is expected you will be informed about it immediately.
-
- Shipping Charges
-
As most Market Reports are delivered in PDF format we almost never have to add additional Shipping Charges. If, however you are ordering a Higher License service or a specific delivery format (e.g. CD version) charges may apply.
If you are concerned about additional Shipping Charges we recommend you to Contact us to double check.
-
- Prices
- Ordering
- By Credit Card
-
We work in Partnership with PayU to ensure payments are made securely in a fast and effortless way. PayU is the e-payments division of Naspers.
Naspers operates in over 133 International Markets and ranks 3rd Globally in terms of the number of e-commerce customers served.
For more information on PayU please visit: https://www.payu.pl/en/about-us
-
- By Money Transfer
-
If you require an invoice prior to payment, this is possible. To ensure a speedy delivery of the Market Report we require all relevant company details and you agree to maximum payment terms of 30 days from receipt of order.
With our regular clients deliver of the Market Report can be made prior to receiving payment, however in some circumstances we may ask for payment to be received before arranging for the Market Report to be delivered.
-
- By Credit Card
- Security
- Website security
-
We have specifically partnered with leading International companies to protect your privacy by using different technologies and processes to ensure security.
Everything submitted to Scotts International is encrypted via SSL (Secure Socket Layer) and all personal information provided to Scotts International is stored on computer systems with limited access in controlled environments.
-
- Credit Card Security
-
We partner with PayU (https://www.payu.pl/en/about-us) to ensure all credit card payments are made securely in a fast and effortless way.
PayU offers 250+ various payment channels and eWallet services across 4 continents allowing buyers to pay electronically, whether on a computer or a mobile device.
-
- Website security