DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Advanced Process Control Market - Forecasts from 2016 to 2021" report to their offering.
Global Advanced Process Control (APC) Market is expected to witness a compound annual growth rate of 10.76% over the forecast period 2015 to 2021.
Advanced Process Control (APC) technologies and tools help to raise the efficiency of plant across a range of applications by stabilizing its operations and reducing fluctuations in key process variables.
Due to continuous need for raising the efficiency of production process while maintaining the product's quality, along with reduction in harmful gas emissions and reduced operational costs, the demand for APC systems is growing worldwide. Moreover, rising environmental concerns coupled with stringent government regulations is also a key factor augmenting the demand for APC systems sustainable production processes. Apart from oil & gas, end-use industries such as chemicals, power among will complement the growth of APC market across the globe.
Asia-Pacific region is expected to have a greater APC systems market share due to increasing investment in infrastructure and higher demand for energy efficient production process. However, the growth of the industry is restrained by lack of proper maintenance of APC systems due to shortage of skilled personnel.
Key Topics Covered:
2. Research Methodology
3. Executive Summary
4. Market Dynamics
5. Advanced Control Process Market Forecast by Type (US$ billion)
6. Advanced Control Process Market Forecast by Application (US$ billion)
7. Advanced Control Process Market Forecast by Geography (US$ billion)
8. Competitive Intelligence
9. Company Profiles
- Honeywell International, Inc.
- Rudolph Technologies, Inc.
- ABB Ltd.
- Emerson Electric Co.
- Siemens AG
- General Electric Co.
- Yokogawa Technologies, Inc.
- Rockwell Automation, Inc.
- Schneider Electric SE
- Aspen Technology, Inc.
For more information about this report visit http://www.researchandmarkets.com/research/l4f5qz/advanced_process