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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.
Scope of the Report:
This report studies the Advanced Process Control (APC) Software market status and outlook of Global and major regions, from angles of players, countries, product types and end industries; this report analyzes the top players in global market, and splits the Advanced Process Control (APC) Software market by product type and applications/end industries.
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.
The global Advanced Process Control (APC) Software market is valued at xx million USD in 2017 and is expected to reach xx million USD by the end of 2023, growing at a CAGR of xx% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Advanced Process Control (APC) Software.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Companies, this report covers
- Honeywell International
- Schneider Electric
- Aspen Technology
- Rockwell Automation
- Rudolph Technologies
- General Electric
- MAVERICK Technologies
- Aspen Technology
- Yokogawa Electric
Market Segment by Regions, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Colombia)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Advanced Regulatory Control
- Multivariable Model Predictive Control
- Inferential Control
- Sequential Control
- Compressor Control
Market Segment by Applications, can be divided into
- Oil and Gas
- Food & Beverages