Advanced Process Control Market by Revenue Source, Application And By Geography- Analysis & Forecast (2014 – 2020)

  • ID: 3068897
  • Report
  • Region: Global
  • 164 Pages
  • Markets and Markets
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The advanced process control market is expected to increase at a CAGR of 11.79% from 2014 to 2020.

FEATURED COMPANIES

  • Abb Ltd.
  • Aspen Technology, Inc.
  • Emerson Electric Co.
  • General Electric Co.
  • Rockwell Automation, Inc.
  • Schneider Electric Se
  • MORE
Advanced Process Control Market by Revenue Source (Software And Services), Application (Oil & Gas, Petrochemicals, Water & Wastewater, Chemicals, Power, Paper & Pulp, Pharmaceuticals, Food) And By Geography- Analysis & Forecast (2014 – 2020)

Advanced process control is primarily employed in process industries. Process industries are in continuous pressure to improve the production process without compromising on the quality of the product produced. This has led to the development and implementation of advanced process control systems in process industries. APC represents a set of methods and technologies that are designed to realize additional performance and or economic improvement in the process industries.

The implementation of APC across different process industries has been boosted by the development of infrastructure, hardware, and IT services. Today, APC vendors can provide customized APC software to their clients to tackle specific process control issues. Oil and gas application generates highest revenue in the advanced process control market. Power, and water and wastewater are the two fastest growing application areas for advanced process control. With increasing environmental concerns, wastewater treatment requirements have tightened. Advanced process control helps to keep up with the increased process complexity resulting from the new requirements. Increasing use of advanced process control in power plants is driven by the need to reduce emissions, to increase operational flexibility and reliability, and to reduce operational costs.

The advanced process control (APC) market report analyzes the market by revenue source, application, and geography. APC software and services are the two sources of revenue for APC technology vendors. The application segment includes oil and gas, petrochemicals, water & wastewater, chemicals, power, paper & pulps, pharmaceuticals, food & beverages, and others. The report also provides the geographic view for major regions i.e. the North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW). In this report— the drivers, restraints, and opportunities has been covered and are described briefly along with, their impact on the advanced process control market.

The advanced process control market has the largest market in the APAC. North America and ROW are also estimated to grow at a high rate in the forecasted period. The key players in the market include ABB Ltd. (Switzerland), Aspen Technology, Inc. (U.S.), Emerson Electric Co. (U.S.), General Electric Co. (U.S.), Honeywell International, Inc. (U.S.), Rockwell Automation, Inc. (U.S.), Rudolph Technologies, Inc. (U.S.), and Schneider Electric SE (France), among others.

Key Takeaways:
- The total market size in terms of value for the advanced process control market is expected to grow at an estimated CAGR of 11.79% between 2014 and 2020
- The advanced process control market has been analyzed, with a special focus on the high growth application segment
- This report includes the market statistics pertaining to revenue source, application, and geography along with, their respective revenue
- Porter’s Five Forces framework has been utilized along with, the value chain analysis to provide an in-depth insight regarding the advanced process control market
- Major market drivers, restraints, and opportunities for the advanced process control market have been detailed in this report
- Illustrative segmentation, analysis, and forecast of the major geographic and application markets to give an overall view of the advanced process control market
- A detailed competitive landscape which includes key players, in-depth analysis, and revenue of the individual companies
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Abb Ltd.
  • Aspen Technology, Inc.
  • Emerson Electric Co.
  • General Electric Co.
  • Rockwell Automation, Inc.
  • Schneider Electric Se
  • MORE
1 Introduction
1.1 Objectives of The Study
1.2 Market Definition
1.3 Study Scope
1.3.1 Market Segmentation
1.3.2 Years Considered For The Study
1.4 Currency & Pricing
1.5 Package Size
1.6 Distribution Channel Participants
1.7 Limitations
1.8 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Factor Analysis
2.2.1 Introduction
2.2.2 Demand-Side Analysis
2.2.2.1 Growth In Oil Production
2.2.2.2 Increase In Natural Gas Production
2.2.2.3 Increase In Electricity Generation
2.2.3 Supply-Side Analysis
2.2.3.1 Less Number of APC Experts
2.2.3.2 Difficulty In Selling APC Software
2.3 Market Size Estimation
2.3.1 Bottom-Up Approach
2.3.2 Top-Down Approach
2.4 Market Breakdown & Data Triangulation
2.5 Research Assumptions And Limitations
2.5.1 Assumptions
2.5.2 Limitations

3 Executive Summary

4 Premium Insights- Advance Process Conrol Market
4.1 Attractive Market Opportunity In Advance Process Control Market
4.2 Advance Process Control Market- Top Three Application Segments
4.3 Advance Process Control Market In Different Regions
4.4 APAC Commanded The Largest Share Among All Regions In 2013
4.5 Advance Process Control Market By, Application
4.6 Advance Process Control Market, By Revenue Source : Software Vs Services
4.7 Advance Process Control Market, By Application: Applications By Region

5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 APC Market By Application
5.3.2 APC Market By Revenue Source
5.3.3 APC Market By Geography
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Rising Demand For Energy Efficient Production Process is Expected To Create The Demand
5.4.1.2 Safety And Security Concern is Expected To Boost The Demand
5.4.1.3 Demand For Software Systems Which Can Predict The Failure At The Component Level
5.4.1.4 Changing Workforce is Expected To Increase The Demand
5.4.1.5 Implementation of Regulatory Compliance is Expected To Increase The Demand of APC Systems
5.4.1.6 Implementation of APC Becomes Inevitable Where It is Impossible To Control Process Manually
5.4.1.7 Availability of Sophisticated Tools Allows For Measurement And Storage of Critical Data For APC
5.4.2 Restraints
5.4.2.1 Improper Or Non-Maintenance of APC is Expected To Diminish The Profits
5.4.2.2 Lack of Data Control Hampering The Implementation of APC Systems
5.4.3 Opportunity
5.4.3.1 Faster Implementation of Software With Ease of Maintenance
5.4.3.2 Improving Data Accuracy Can Improve The Performance of The Overall System
5.4.4 Challenge
5.4.4.1 Implementation Cost of APC is Higher
5.4.5 Burning Issue
5.4.5.1 Acceptance From Operator Before APC Implementation

6 Industry Trend
6.1 Introduction
6.2 Value Chain Analysis
6.3 Porter’s Five Forces Analysis
6.3.1 Competitive Rivalry
6.3.2 Threat of Substitutes
6.3.3 Bargaining Power of Buyers
6.3.4 Bargaining Power of Suppliers
6.3.5 Threat of New Entrants
6.4 Strategic Benchmarking
6.4.1 Development of New Products And Upgrading Existing Products
6.4.2 Growth Strategies

7 Market By Revenue Source
7.1 Introduction
7.2 Software
7.2.1 Standalone APC Software:
7.2.2 Customized APC Software:
7.2.3 Types of APC:
7.2.3.1 Advanced Regulatory Control
7.2.3.2 Multivariable Model Predictive Control
7.2.3.3 Inferential Control:
7.2.3.4 Sequential Control:
7.2.3.5 Compressor Control
7.3 Services
7.3.1 Maintenance And Update
7.3.2 Consulting

8 Market By Application
8.1 Introduction
8.2 Oil & Gas
8.3 Petrochemicals
8.4 Water & Wastewater
8.5 Chemicals
8.6 Power
8.7 Paper & Pulp
8.8 Pharmaceuticals
8.9 Food & Beverages
8.10 Others

9 Market By Geography
9.1 Introduction
9.2 North America
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe
9.3.1 France
9.3.2 Germany
9.3.3 U.K.
9.3.4 Russia
9.3.5 Others
9.4 APAC
9.4.1 China
9.4.2 India
9.4.3 Indonesia
9.4.4 Malaysia
9.4.5 Japan
9.4.6 Others
9.5 Rest of The World
9.5.1 Middle East
9.5.2 Africa
9.5.3 South And Central America

10 Competitive Landscape

10.1 Overview
10.2 Competitive Situation And Trends
10.2.1 New Product Launches And Product Upgrades
10.2.2 Agreements,Contracts, & Alliances
10.2.3 Mergers And Acquisitions
10.2.4 Expansions And Technolgy Acquisitions
10.2.5 Other Developments

11 Company Profiles
11.1 Introduction
11.2 Abb Ltd.
11.2.1 Business Overview
11.2.2 Products & Services
11.2.3 Key Strategy
11.2.4 Recent Developments
11.2.5 SWOT Analysis
11.2.6 MNM View
11.3 Aspen Technology, Inc.
11.3.1 Business Overview
11.3.2 Products Portfolio
11.3.3 Key Strategy
11.3.4 Recent Developments
11.4 Emerson Electric Co.
11.4.1 Business Overview
11.4.2 Products Portfolio
11.4.3 Key Strategy
11.4.4 Recent Developments
11.4.5 SWOT Analysis
11.4.6 MNM View
11.5 General Electric Co.
11.5.1 Business Overview
11.5.2 Products Portfolio
11.5.3 Key Strategy
11.5.4 Recent Developments
11.6 Honeywell International, Inc.
11.6.1 Business Overview
11.6.2 Products Portfolio
11.6.3 Key Strategy
11.6.4 Recent Developments
11.6.5 SWOT Analysis
11.6.6 MNM View
11.7 Rockwell Automation, Inc.
11.7.1 Business Overview
11.7.2 Products Portfolio
11.7.3 Key Strategy
11.7.4 Recent Developments
11.8 Rudolph Technologies, Inc.
11.8.1 Business Overview
11.8.2 Products & Services
11.8.3 Key Strategy
11.8.4 Recent Developments
11.9 Schneider Electric Se
11.9.1 Business Overview
11.9.2 Products Portfolio
11.9.3 Key Strategy
11.9.4 Recent Developments
11.9.5 SWOT Analysis
11.9.6 MNM View
11.1 Siemens AG
11.10.1 Business Overview
11.10.2 Products & Services
11.10.3 Key Strategy
11.10.4 Recent Developments
11.10.5 SWOT Analysis
11.10.6 MNM View
11.11 Yokogawa Electric Corp.
11.11.1 Business Overview
11.11.2 Products Portfolio
11.11.3 Key Strategy
11.11.4 Recent Developments

12 Appendix
12.1 Insights of Industry Experts
12.2 Discussion Guide
12.3 Introducing Rt: Real Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports

List of Tables (71 Tables)

Table 1 Changing Workforce is Expecetd To Be Big Issue In The Development of APC
Table 2 Improper Maintenance of APC is Expected To Diminish The Benefits
Table 3 Data Accuracy is Expected To Boost The Performance
Table 4 Cost of Deploying APC is Expected To Be A Challenge For End Users
Table 5 Advanced Process Control Market Size, By Revenue Source, 2013-2020 (Million)
Table 6 APC Software Market Size, By Application, 2013-2020 ($Million)
Table 7 APC Software Market Size, By Region, 2013-2020 ($Million)
Table 8 APC Services Market Size, By Application, 2013-2020 ($Million)
Table 9 APC Services Market Size, By Region, 2013-2020 ($Million)
Table 10 Advanced Process Control Market Size, By Application, 2013-2020 ($Million)
Table 11 Oil And Gas Market Size, By Revenue Source, 2013-2020 ($Million)
Table 12 Oil And Gas Market Size, By Region, 2013-2020 ($Million)
Table 13 Petrochemicals Market Size, By Revenue Source, 2013-2020 ($Million)
Table 14 Petrochemicals Market Size, By Region, 2013-2020 ($Million)
Table 15 Water & Wastewater Market Size, By Revenue Source, 2013-2020 ($Million)
Table 16 Water & Wastewater Market Size, By Region, 2013-2020 ($Million)
Table 17 Chemicals Market Size, By Revenue Source, 2013-2020 ($Million)
Table 18 Chemicals Market Size, By Region, 2013-2020 ($Million)
Table 19 Power Market Size, By Revenue Source, 2013-2020 ($Million)
Table 20 Power Market Size, By Region, 2013-2020 ($Million)
Table 21 Paper & Pulps Market Size, By Revenue Source, 2013-2020 ($Million)
Table 22 Paper & Pulps Market Size, By Region, 2013-2020 ($Million)
Table 23 Pharmaceuticals Market Size, By Revenue Source, 2013-2020 ($Million)
Table 24 Pharmaceuticals Market Size, By Region, 2013-2020 ($Million)
Table 25 Food & Beverages Market Size, By Revenue Source, 2013-2020 ($Million)
Table 26 Food & Beverages Market Size, By Region, 2013-2020 ($Million)
Table 27 Others Application Market Size, By Revenue Source, 2013-2020 ($Million)
Table 28 Others Application Market Size, By Region, 2013-2020 ($Million)
Table 29 Advanced Process Control Market Size, By Revenue Source, 2013-2020 (Million)
Table 30 North America: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 31 Europe: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 32 APAC: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 33 Row: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 34 North America: Advanced Process Control Market, By Application, 2013-2020 ($Million)
Table 35 Europe: Advanced Process Control Market, By Application, 2013-2020 ($Million)
Table 36 APAC: Advanced Process Control Market, By Application, 2013-2020 ($Million)
Table 37 Row: Advanced Process Control Market, By Application, 2013-2020 ($Million)
Table 38 U.S.: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 39 Canada: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 40 Mexico: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 41 France: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 42 Germany: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 43 U.K.: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 44 Russia: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 45 Others: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 46 China: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 47 India: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 48 Indonesia: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 49 Malaysia: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 50 Japan: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 51 Others: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 52 Middle East: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 53 Africa: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 54 South America: Advanced Process Control Market, By Revenue Source, 2013-2020 ($Million)
Table 55 North America: APC Software Market, By Country , 2013-2020 ($Million)
Table 56 Europe: APC Software Market, By Country , 2013-2020 ($Million)
Table 57 APAC: APC Software Market, By Country , 2013-2020 ($Million)
Table 58 ROW: APC Software Market, By Country , 2013-2020 ($Million)
Table 59 North America: APC Services Market, By Country , 2013-2020 ($Million)
Table 60 Europe: APC Services Market, By Country , 2013-2020 ($Million)
Table 61 APAC: APC Services Market, By Country , 2013-2020 ($Million)
Table 62 ROW: APC Services Market, By Country , 2013-2020 ($Million)
Table 63 North America: Advanced Process Control Market, By Country , 2013-2020 ($Million)
Table 64 Europe: Advanced Process Control Market, By Country , 2013-2020 ($Million)
Table 65 APAC: Advanced Process Control Market, By Country , 2013-2020 ($Million)
Table 66 ROW: Advanced Process Control Market, By Country , 2013-2020 ($Million)
Table 67 New Product Launches And Product Upgrades, 2012 - 2014
Table 68 Agreements, Contracts, & Alliances, 2012-2014
Table 69 Mergers And Acquisitions, 2012-2014
Table 70 Expansions And Technology Acquisitions, 2012-2014
Table 71 Other Developments, 2011-2014

List of Figures (58 Figures)

Figure 1 APC Market, By Application
Figure 2 Research Design
Figure 3 Oil Production (Thousand Barrels Per Day)
Figure 4 Oil Production In 2013 Across Geographical Regions (%)
Figure 5 Natural Gas Production (Billion Cubic Meters)
Figure 6 Natural Gas Production In 2013 Across Geographical Regions (%)
Figure 7 Electricity Generation (Terawatt-Hours)
Figure 8 Electricity Generation In 2013 Across Geographical Regions (%)
Figure 9 Market Size Estimation Methodology: Bottom-Up Approach
Figure 10 Market Size Estimation Methodology: Top-Down Approach
Figure 11 Assumptions of The Research Study
Figure 12 Limitations of The Study
Figure 13 Attractive Market Opprtunity In Advance Process Control Market
Figure 14 APC Application In Oil And Gas Market To Grow At The Fastest Rate Among All APC Applications
Figure 15 Oil And Gas Application Has The Largest Share In APC Market
Figure 16 APAC is The Largest Share Holder of The APC Market
Figure 17 Oil And Gas Application Segment Will Continue To Dominate The APC Market For Next Six Years
Figure 18 APC Services To Experience Fast Growth In All Regions
Figure 19 Advance Process Control Market, By Application, is Expected To Grow With The Highest Cagr In Row
Figure 20 Evolution of Advanced Process Control ( APC)
Figure 21 APC Market Segment: By Application
Figure 22 APC Market Segmentation: By Revenue Source
Figure 23 APC Market Segmentation: By Geography
Figure 24 Rising Demand For Energy Efficient Process And Product Quality is Expected To Boost The Growth
Figure 25 Value Chain Analysis: Major Value is Added During Implementation of APC
Figure 26 Porter’s Five Forces Analysis
Figure 27 Competitive Rivalry
Figure 28 Threat of Substitutes
Figure 29 Bargaining Power of Buyers
Figure 30 Bargaining Power of Suppliers
Figure 31 Threat of New Entrants
Figure 32 Recent Product Launches and Product Upgrades
Figure 33 Recent Acquisitions By Market Leaders In The APC Market
Figure 34 Types of Advanced Regulatory Control
Figure 35 Multivariable Mpc Workflow
Figure 36 Some Activities Involved In APC Consulting Services
Figure 37 Companies Adopting Mergers and Acquisitions as the Key Growth Strategy Over The Last Three Years
Figure 38 Emerson Electric Co. Grew at The Fastest Rate Between 2011 - 2013
Figure 39 Advance Process Control Market Share, By Key Player, 2013
Figure 40 Market Evolution Framework-Significant Product Developments Have Fuelled The Growth And Innovation In 2014
Figure 41 Battle For Market Share: New Product Launches And Product Upgrades Was The Key Strategy
Figure 42 Geographic Revenue Mix of Top 5 Market Players
Figure 43 Competitive Benchmarking of Key Market Players (2010-2013): Emerson Electric Co. And Rockwell Automation, Inc. Emerged As Dark Horses
Figure 44 ABB Ltd. : Business Overview
Figure 45 ABB Ltd. SWOT Analysis
Figure 46 ASPENTechnology, Inc.: Business Overview
Figure 47 Emerson Electric Co. : Business Overview
Figure 48 Emerson Electric Co. SWOT Analysis
Figure 49 General Electric Co. : Business Overview
Figure 50 Honeywell International, Inc. : Business Overview
Figure 51 Honeywrll International, Inc. SWOT Analysis
Figure 52 Rockwell Automation, Inc. : Business Overview
Figure 53 Rudolph Technologies, Inc. : Business Overview
Figure 54 Schneider Electric Se : Business Overview
Figure 55 Schneider Electric Se SWOT Analysis
Figure 56 Siemens ag : Business Overview
Figure 57 Siemens ag SWOT Analysis
Figure 58 Yokogawa Electric Corp.: Business Overview
Note: Product cover images may vary from those shown
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- Abb Ltd.
- Aspen Technology, Inc.
- Emerson Electric Co.
- General Electric Co.
- Honeywell International, Inc.
- Rockwell Automation, Inc.
- Rudolph Technologies, Inc.
- Schneider Electric Se
- Siemens AG
- Yokogawa Electric Corp.

Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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