Advanced Process Control Market to grow from a market value of USD 1050.24 million in 2017 to a USD 1779.8 million by 2023| Key Players - ABB LTD, ASPEN TECHNOLOGY, INC., EMERSON ELECTRIC CO., GENERAL ELECTRIC CO., SCHNEIDER ELECTRIC SE, SIEMENS AG, among

Market Analysis:

To remain productive and competitive, manufactures are adopting creative and energy efficient methods to improve the business-development model. The seamless integration of hardware and software is enabling manufacturing industries to reduce wastage, lower accident rates, and produce robust and accurate products profitably.

Detailed Sample Copy of Updated Analysis @ https://marketprognosis.com/sample-request/17446
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

Oil & Gas is the largest sector in the global market, with the largest market share in 2016. High adoption rate of automation and critical nature of operations in the industry, are supporting the demand for advanced process control. With the dip in oil prices in the recent years, the industry is now focusing on improving efficiency and deferring investments from new projects to existing infrastructure development. However, the dynamic nature of the industry and low industry confidence can hamper investments in new technologies, over forecast period. Advanced regulatory control is the foundation of the advanced process control systems. Rapid industrialization and the increasing demand for intelligent and more accurate functional systems is boosting the advanced regulatory control system market.

Request Discount on this report @ https://marketprognosis.com/discount-request/17446
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

Market Segments:
Advanced Process Control Market is segmented by:
1. Type: Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential, Sequential, and Compressor Control
2. End-user: Oil & Gas, Water &Waste Management, Pharmaceuticals, Food & Beverages, Power, Chemicals, Others
3. Geography: North America, South America, Europe, Asia Pacific, Middle East & Africa

Key Developments
• July 2017 - Schneider signed an agreement to acquire Asco Power Technologies, a leader in the Automatic Transfer Switch market, for USD 1250 million, in an all-cash transaction.
• July 2017 - ABB completed the acquisition of B&R, the largest independent provider focusing on the product and software-based, open-architecture solutions for machine and factory automation worldwide.

Enquiry before Buying @ https://marketprognosis.com/enquiry/17446
Note: “If this link doesn’t work in Internet Explorer, kindly try pasting it in other browsers.”

About Market Prognosis
We at Market Prognosis believe in giving a crystal clear view of market dynamics for achieving success in today's complex and competitive marketplace through our quantitative & qualitative research methods.
We help our clients identify the best market insights and analysis required for their business thus enabling them to take strategic and intelligent decision.
We believe in delivering actionable insights for your business growth and success.

Contact us:
ProgMark Pvt Ltd,
Thane - 421501
India.
Contact No: +1 973 241 5193
Email: sales@marketprognosis.com

This release was published on openPR.