Press release
Global Advanced Process Control (APC) Market Size, Share, Analysis, Industry Report and Forecast 2020-2026
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The major benefits of using APC include ensuring improvement in quality for a comprehensive range of processes, facilitate efficient use of plant equipment, and deliver real-time control in the process. APC finding its considerable application in the oil and gas industry to improve overall process efficiency. Several oil and gas companies have implemented APC software to leverage production output and improve multiple crucial performance indicators. For instance, Bashneft oil refining complex (part of Rosneft Oil Company) has installed Honeywell APC software solutions, which has shown considerable efficiency in the first year of operation.
Honeywell Profit SensorPro and Profit Controller, installed in the Bashneft refineries to enhance the results of target products, increase the stability of their quality indicators, reduce energy usage, and accelerate the whole plant operational efficiency. Honeywell APC software solutions are supporting the Baschneft oil refinery to automatically control a separate unit and completely perform the work of an operator. Profit Controller is based on a predictive model which is intended for multivariable technological process control. It consists of the optimal set of algorithms that supports automatic control, utilizing the data of the virtual analyzers and technological process as input signals. In addition, it enables users to track the products quality and the profitability of the manufacturing process in real-time.
A full Report of Global Advanced Process Control (APC) Market is Available at: https://www.omrglobal.com/industry-reports/advance-process-control-apc-market
Profit SensorPro is used to carry out the function of virtual analyzers as it calculates the quality indicators in real-time based on the measurable parameters (raw material consumption, temperature, pressure, and more). This allows users to control the quality of the product online without waiting for laboratory analysis and manual sampling. Bashneft oil refining complex is using five APC systems. Likewise, BP and MOL Group has successfully implemented APC platforms to reduce annual energy costs and leverage the production in offshore facilities. This growing implementation of APC solutions for the automation of production processes is primarily driving the global APC market.
Global APC Market- Segmentation
By Type
• Advanced Regulatory Control
• Inferential Control
• Compressor Control
• Sequential Control
• Multivariable Model Predictive Control
By End-User Industry
• Pharmaceutical
• Oil and Gas
• Energy and Power
• Chemical
• Food and Beverage
• Petrochemical
• Others
Global APC Market– Segment by Region
North America
• US
• Canada
Europe
• Germany
• UK
• France
• Spain
• Italy
• Rest of Europe
Asia-Pacific
• China
• Japan
• India
• Rest of Asia-Pacific
Rest of the World
Company Profiles
• ABB Ltd.
• Honeywell International Inc.
• Emerson Electric Co.
• General Electric Co.
• Siemens AG
• Schneider Electric SE
• Aspen Technology, Inc.
• Rockwell Automation, Inc.
• Onto Innovation Inc.
• Yokogawa Electric Corp.
• Azbil Corp.
• FLSmidth A/S
• GEA Group AG
• ANDRITZ AG
• engineo GmbH
For More Customized Data, Request for Report Customization @ https://www.omrglobal.com/report-customization/advance-process-control-apc-market
Media Contact:
Company Name: Orion Market Research
Contact Person: Mr. Anurag Tiwari
Email: info@omrglobal.com
Contact no: +91 7803040404
About Orion Market Research
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.
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