Advanced process control software includes model-based software that is used to direct the process operation and is commonly referred to as multivariable predictive control (MPC) or model predictive control. These applications require that the process model created accurately represents the process dynamics. Improved economics of the operation or production improve-ments are typical driving forces for using these applications.
The vendors in market are increasingly focusing on the development of APC software that enables the optimization of processes and ensures minimal energy use in systems. Some of the vendors are offering APC software to various end user industries that enable performance control, improved production and energy efficiency, and accurate monitoring. Other vendors are taking efforts to develop APC software that enables plant-wide optimization and facilities to maintain operations within the plant.

Market Analysis and Insights: Global Advanced Process Control (APC) Software Market
The global Advanced Process Control (APC) Software market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027.
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Global Advanced Process Control (APC) Software Scope and Market Size
Advanced Process Control (APC) Software market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Advanced Process Control (APC) Software market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Advanced Regulatory Control
Multivariable Model Predictive Control
Inferential Control
Sequential Control
Compressor Control

Segment by Application
Oil and Gas
Petrochemicals
Chemical
Power
Pharmaceuticals
Food & Beverages
Others

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ABB
Honeywell International
Schneider Electric
Siemens
Aspen Technology
Rockwell Automation
Rudolph Technologies
Emerson
General Electric
MAVERICK Technologies
Yokogawa
Aspen Technology
Yokogawa Electric