Advanced industrial process control systems provide predictive maintenance (checking, isolating and solving problems without burdening operators), and can also quickly modify production models as required in real-time without shutting down the controller line. Advanced process control systems are deployed to stabilize industrial operations and optimize plant performance by minimizing fluctuations in key process variables. Some of the advantages of advanced process control systems include enhanced monitoring of process parameters (pressure, temperature), improved process safety, reduced power consumption and increased productivity.
This report contains market size and forecasts of Industrial Advanced Process Control Systems in Global, including the following market information:
Global Industrial Advanced Process Control Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Industrial Advanced Process Control Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Hardware Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Advanced Process Control Systems include Schneider Electric, Siemens, Rudolph Technologies, Aspen Technology, Emerson Electric, General Electric, ABB, Yokogawa Electric Corporation and Panasonic Corporation, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Advanced Process Control Systems 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 Industrial Advanced Process Control Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Industrial Advanced Process Control Systems Market Segment Percentages, by Type, 2021 (%)
Hardware
Software
Service
Global Industrial Advanced Process Control Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Industrial Advanced Process Control Systems Market Segment Percentages, by Application, 2021 (%)
Oil and Gas
Chemicals
Pharmaceuticals
Energy & Power
Others
Global Industrial Advanced Process Control Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Industrial Advanced Process Control Systems Market Segment Percentages, By Region and Country, 2021 (%)
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 Industrial Advanced Process Control Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Industrial Advanced Process Control Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Schneider Electric
Siemens
Rudolph Technologies
Aspen Technology
Emerson Electric
General Electric
ABB
Yokogawa Electric Corporation
Panasonic Corporation
FLSmidth
Rockwell Automation
ARC Advisory Group
Honeywell International
Mavtech Technologies
LayTec