Advanced Process Control Market Size, Share and Trends Analysis Report By Product Type (Hardware, Software, Service), By End Use, By Region, And Segment Forecasts, 2019 - 2025

Published: Aug, 2019 | Pages: 83 | Publisher: Grand View Research
Industry: Electronics | Report Format: Electronic (PDF)

The global advanced process control market size is expected to reach USD 24.9 billion by 2025, registering a CAGR of 9.2% over the forecast period, according to a new report by Grand View Research, Inc. The market is expected to witness considerable growth across the globe owing to the growing emphasis of several end use industries on the improvement and optimization of the production process. Advanced process control solutions enable organizations to significantly improve the accuracy of product testing, enhance quality, and reduce error.

As companies seek ways of improving the quality of their products and reduce the cost of operations to be able to maintain their competitive edge, the demand for advanced process control systems is likely to continue to rise in the near future. Furthermore, the increasing adoption of advanced process control systems across industries such as nuclear power, chemical, and semiconductor is encouraging APC companies to invest in research and development activities to develop systems with enhanced capabilities. These factors are anticipated to further propel the growth of the global market over the forecast period.

APC is a software-based closed-loop feedback-based process control system that helps increase productivity, minimize waste, and improve quality assurance under real-world operating conditions. By enabling the easy deployment of technologies such as model predictive control and advanced computing systems in the processing and manufacturing sectors, the use of APCs has enabled companies to increase the affordability of products. Moreover, APC systems also aid in lead time reduction to decrease the operational cost associated with it.

Additionally, APCs have a significant demand in the oil and gas sector and are used for optimization and control of a variety of processes. The steady expansion of the chemical industry is also anticipated to drive the adoption of APCs over the forecast period to stabilize industrial operations and optimize plant performance by minimizing the fluctuations of key process variables. Increasing competition has compelled process industries to adopt advanced process control systems to bring about an improvement in economic performance to maintain their competitive edge. However, the need for high initial investments could restrain the growth of the APC market to a certain extent over the forecast period.

Further key findings from the report suggest:

• In terms of product type, the hardware segment is anticipated to witness high CAGR over the forecast period. This can be attributed to the increasing adoption and deployment of advanced process control systems in various verticals such as nuclear power plants, petrochemicals, oil and gas upstream, downstream, and processing operations

• Of the key end use segments covered in the report, the energy and power segment is expected to witness significant growth during the forecast period. This can be attributed to the significant adoption of advanced process control systems in nuclear power plants and other alternative sources of power generation

• The Asia Pacific APC market is anticipated to witness high CAGR over the forecast period owing to robust industrialization in countries such as China and India and the higher adoption rate of advanced process control systems in several industries

• The APC market is oligopolistic and is dominated by companies such as Schneider Electric, Siemens, Rudolph Technologies, Aspen Technology, Inc., Emerson Electric Co., ABB, Yokogawa Electric Corporation, Panasonic Corporation, Rockwell Automation, Inc., and Honeywell International Inc. Collectively, these companies account for nearly 80% of the market

• Leading Advanced Process Control (APC) market players are in the process of acquiring small startups for technological advantage, provision of better services, and regional expansion.

 Table of Contents

Chapter 1. Methodology and Scope
                     1.1. Research Methodology
                     1.2. Research Scope & Assumptions
                     1.3. List of Data Sources
Chapter 2. Executive Summary
                     2.1. Advanced Process Control Regional Marketplace: Key Takeaways
Chapter 3. Advanced Process Control Market Industry Outlook
                     3.1. Market Segmentation
                     3.2. Market Size and Growth Prospects, 2014 - 2025
                     3.3. Value Chain Analysis
                     3.4. Market Dynamics
                          3.4.1. Market driver analysis
                          3.4.2. Market restraint/challenge analysis
                          3.4.3. Market opportunity analysis
                     3.5. Penetration & Growth Prospect Mapping
                     3.6. Company Market Share Analysis, 2018
                     3.7. Industry Analysis - Porter's
                     3.8. PEST Analysis
Chapter 4. Advanced Process Control Market: Product type Outlook
                     4.1. Advanced Process Control Market Share, by Product Type, 2018 & 2025 (USD Billion)
                     4.2. Hardware
                          4.2.1. Market estimates and forecasts, 2014 - 2025 (USD Billion) 
                          4.2.2. Market estimates and forecasts by region, 2014 - 2025 (USD Billion)
                     4.3. Software
                          4.3.1. Market estimates and forecasts, 2014 - 2025 (USD Billion)
                          4.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     4.4. Service
                          4.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          4.4.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
Chapter 5. Advanced Process Control Market: End Use Outlook
                     5.1. Advanced Process Control Market Share, by End Use, 2018 & 2025 (USD Billion)
                     5.2. Oil and Gas
                          5.2.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.2.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     5.3. Chemicals 
                          5.3.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.3.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     5.4. Pharmaceuticals
                          5.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.4.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     5.5. Energy & Power
                          5.5.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.5.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     5.6. Mining, Minerals, and Metals
                          5.6.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.6.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     5.7. Food & Beverages
                          5.7.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.7.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
                     5.8. Others
                          5.8.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          5.8.2. Market estimates and forecast by region, 2014 - 2025 (USD Billion)
Chapter 6. Advanced Process Control Market: Regional Outlook
                     6.1. Advanced Process Control Market share, by Region, 2018 & 2025 (USD Billion)
                     6.2. North America 
                          6.2.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          6.2.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                          6.2.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.2.4. U.S.
                               6.2.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.2.4.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.2.4.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.2.5. Canada
                               6.2.5.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.2.5.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.2.5.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                     6.3. Europe 
                          6.3.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          6.3.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                          6.3.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.3.4. U.K.
                               6.3.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.3.4.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.3.4.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.3.5. Germany
                               6.3.5.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.3.5.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.3.5.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.3.6. France
                               6.3.6.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.3.6.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.3.6.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                     6.4. Asia Pacific 
                          6.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          6.4.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                          6.4.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.4.4. China 
                               6.4.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.4.4.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.4.4.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.4.5. India
                               6.4.5.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.4.5.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.4.5.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.4.6. Japan
                               6.4.6.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.4.6.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.4.6.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                     6.5. Latin America 
                          6.5.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          6.5.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                          6.5.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.5.4. Brazil
                               6.5.4.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.5.4.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.5.4.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                          6.5.5. Mexico
                               6.5.5.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                               6.5.5.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                               6.5.5.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
                     6.6. Middle East & Africa 
                          6.6.1. Market estimates and forecast, 2014 - 2025 (USD Billion)
                          6.6.2. Market estimates and forecast by product type, 2014 - 2025 (USD Billion)
                          6.6.3. Market estimates and forecast by end use, 2014 - 2025 (USD Billion)
Chapter 7. Competitive Landscape
                     7.1. Schneider Electric 
                          7.1.1. Company Overview
                          7.1.2. Financial Performance
                          7.1.3. Product Benchmarking
                          7.1.4. Strategic Initiatives
                     7.2. Siemens 
                          7.2.1. Company Overview
                          7.2.2. Financial Performance
                          7.2.3. Product Benchmarking
                          7.2.4. Strategic Initiatives
                     7.3. Rudolph Technologies
                          7.3.1. Company Overview
                          7.3.2. Financial Performance
                          7.3.3. Product Benchmarking
                          7.3.4. Strategic Initiatives
                     7.4. Aspen Technology, Inc.
                          7.4.1. Company Overview
                          7.4.2. Financial Performance
                          7.4.3. Product Benchmarking
                          7.4.4. Strategic Initiatives
                     7.5. Emerson Electric Co.
                          7.5.1. Company Overview
                          7.5.2. Financial Performance
                          7.5.3. Product Benchmarking
                          7.5.4. Strategic Initiatives
                     7.6. ABB 
                          7.6.1. Company Overview
                          7.6.2. Financial Performance
                          7.6.3. Product Benchmarking
                          7.6.4. Strategic Initiatives
                     7.7. Yokogawa Electric Corporation
                          7.7.1. Company Overview
                          7.7.2. Financial Performance
                          7.7.3. Product Benchmarking
                          7.7.4. Strategic Initiatives
                     7.8. Panasonic Corporation
                          7.8.1. Company Overview
                          7.8.2. Financial Performance
                          7.8.3. Product Benchmarking
                          7.8.4. Strategic Initiatives
                     7.9. Honeywell International Inc.
                          7.9.1. Company Overview
                          7.9.2. Financial Performance
                          7.9.3. Product Benchmarking
                          7.9.4. Strategic Initiatives
                     7.10. Rockwell Automation, Inc.
                          7.10.1. Company Overview
                          7.10.2. Financial Performance
                          7.10.3. Product Benchmarking
                          7.10.4. Strategic Initiatives

List of Tables

Table 1 List of abbreviations
Table 2 Advanced Process Control Market - Industry Snapshot & Key Buying Criteria, 2014 - 2025
Table 3 Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 4 Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 5 Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 6 Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 7 Hardware Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 8 Hardware Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 9 Software Market, 2014 - 2025 (USD Billion)
Table 10 Software Market, by Region, 2014 - 2025 (USD Billion)
Table 11 Service Market, 2014 - 2025 (USD Billion)
Table 12 Service Market, by Region, 2014 - 2025 (USD Billion)
Table 13 Oil and Gas Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 14 Oil and Gas Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 15 Chemicals Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 16 Chemicals Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 17 Pharmaceuticals Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 18 Pharmaceuticals Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 19 Energy & Power Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 20 Energy & Power Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 21 Mining, Minerals, and Metals Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 22 Mining, Minerals, and Metals Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 23 Food & Beverages Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 24 Food & Beverages Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 25 Others Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 26 Others Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 27 Others Advanced Process Control Market, by Region, 2014 - 2025 (USD Billion)
Table 28 North America Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 29 North America Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 30 North America Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 31 U.S. Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 32 U.S. Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 33 U.S. Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 34 Canada Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 35 Canada Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 36 Canada Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 37 Europe Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 38 Europe Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 39 Europe Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 40 U.K. Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 41 U.K. Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 42 U.K. Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 43 Germany Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 44 Germany Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 45 Germany Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 46 France Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 47 France Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 48 France Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 49 Asia Pacific Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 50 Asia Pacific Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 51 Asia Pacific Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 52 China Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 53 China Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 54 China Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 55 India Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 56 India Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 57 India Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 58 Japan Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 59 Japan Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 60 Japan Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 61 Latin America Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 62 Latin America Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 63 Latin America Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 64 Brazil Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 65 Brazil Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 66 Brazil Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 67 Mexico Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 68 Mexico Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 69 Mexico Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)
Table 70 Middle East & Africa Advanced Process Control Market, 2014 - 2025 (USD Billion)
Table 71 Middle East & Africa Advanced Process Control Market, by Product Type, 2014 - 2025 (USD Billion)
Table 72 Middle East & Africa Advanced Process Control Market, by End Use, 2014 - 2025 (USD Billion)

List of Figures

FIG. 1 Research Process
FIG. 2 Information Procurement
FIG. 3 Advanced Process Control Regional Marketplace: Key Takeaways
FIG. 4 Advanced Process Control - Market Segmentation & Scope
FIG. 5 Advanced Process Control - Market Size and Growth Prospects, 2014 - 2025 (USD Million)
FIG. 6 Advanced Process Control - Value Chain Analysis
FIG. 7 Advanced Process Control - Market Dynamics
FIG. 8 Advanced Process Control - Market Driver Relevance Analysis (Current & Future Impact)
FIG. 9 Advanced Process Control - Market Restraint/Challenge Relevance Analysis (Current & Future Impact)
FIG. 10 Advanced Process Control - Market Opportunity Relevance Analysis (Current & Future Impact)
FIG. 11 Advanced Process Control - Penetration & Growth Prospect Mapping
FIG. 12 Advanced Process Control - Porter's Analysis
FIG. 13 Advanced Process Control - PEST Analysis
FIG. 14 Global Advanced Process Control Type Outlook, 2018 & 2025
FIG. 15 Global Advanced Process Control End Use Outlook, 2018 & 2025
FIG. 17 Global Advanced Process Control Regional Outlook, 2018 & 2025
FIG. 18 North America Advanced Process Control Market - Key Takeaways
FIG. 19 Europe Advanced Process Control Market - Key Takeaways
FIG. 20 Asia Pacific Advanced Process Control Market - Key Takeaways
FIG. 21 Latin America Advanced Process Control Market - Key Takeaways
FIG. 22 Middle East & Africa Advanced Process Control Market - Key Takeaways