openPR Logo
Press release

Advanced Process Control (APC) Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031

04-16-2024 12:16 PM CET | Health & Medicine

Press release from: Orion Market Research

Advanced Process Control (APC) Market Size, Trends, Latest

The global Advanced Process Control (APC) market is estimated to grow at a CAGR of 9.5% during the forecast period (2024-2031). The market growth is driven by the rising automation across industries and the growing oil and gas industry. Additionally, governments across various regions are working towards the integration of advanced solutions and modernizing industrial infrastructure. For instance, the government of China has launched the Made in China (MIC) 2025 plan to upgrade infrastructure and leverage technological developments, with a motive to move China in the manufacturing value chain. The growing awareness about Industry 4.0 and the adoption of advanced process control by the end-use industries for process optimization and quality control is also contributing positively towards market growth.

To learn more about this report request a sample copy @ https://www.omrglobal.com/request-sample/advance-process-control-apc-market

The global APC market is segmented based on the type (into advanced regulatory control, inferential control, compressor control, sequential control, and multivariable model predictive control), end-user industry (into pharmaceutical, oil and gas, energy and power, chemical, food and beverage, petrochemical, and others) and geographies (into North America, Europe, Asia-Pacific, and the Rest of the World).
Market Trends and Challenges

• The oil & gas industry segment is anticipated to show significant growth during the forecast period, owing to the increasing implementation of digital solutions for operational efficiency and the subsequent need to stay competitive in the industry.

A full report of Advanced Process Control (APC) Market is available at: https://www.omrglobal.com/industry-reports/advance-process-control-apc-market

• The market growth in the industry is also shaped by the prevailing challenge of a shortage of skilled professionals in the industry. The problem can be addressed effectively by the adoption of Distributed control systems (DCS) systems, owing to the high-performance Human-Machine Interface (HMI) capabilities that can offer critical information to workers and guide informed decision-making.

• North America is expected to hold a major market share, during the forecast period, owing to the presence of leading semiconductor manufacturing industries, and the escalating demand for industrial automation.

• Additionally, in the US the technological advancements in hydraulics and drilling fracturing (fracking) of shale formations have led to a rise in oil and gas production, contributing considerably to the market growth.

• Also, the country has the largest installed nuclear power capacity and generates the most nuclear power in the world. According to, to the Energy Information Administration (EIA) at least 20.0% of the country's total annual electricity generation, is powered by nuclear energy. The utilization of APC can improve nuclear power plant reliability.

• In August 2022, Andhra Paper Limited deployed ABB's advanced process control to efficiently produce lime kiln production at APL's Rajahmundry paper mill in India. This would ascertain uniform lime quality with lower energy consumption and reduced emissions.

• However, the industry growth is challenged by the expensive technologies and initial infrastructure development, the availability of economical alternatives, and the reluctance to transition from conventional to sophisticated processes, due to a lack of funding and qualified personnel.

The major market players in the global APC market include ABB Ltd., Schneider Electric SE, Emerson Electric Co., Yokogawa Electric Corp., and Siemens AG. The market players are considerably contributing to the market growth by the adoption of various business strategies and product innovations. For instance, in October 2022, Rockwell Automation completed the acquisition of CUBIC, to expand its intelligent motor control offerings in Asia, Europe, and Latin America. Additionally, CUBIC will broaden Rockwell's market access to renewable energy and data center solutions.

Reasons to Buying From us -

1. We cover more than 15 major industries, further segmented into more than 90 sectors.
2. More than 120 countries are for analysis.
3. Over 100+ paid data sources mined for investigation.
4. Our expert research analysts answer all your questions before and after purchasing your report.

Visit more report at

https://www.linkedin.com/pulse/scaffold-technology-market-size-trends-latest-arti-vishwakarma-mlsof/

https://www.linkedin.com/pulse/aesthetic-threads-market-increasing-demand-growth-2031-vishwakarma-pyg5f

Media Contact:

Contact Person: Mr. Anurag Tiwari
Email: anurag@omrglobal.com
Contact no: +91 780-304-0404
Company Name: Orion Market Research

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. The company also offers Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Advanced Process Control (APC) Market Size, Trends, Latest Insights, Analysis and Forecast 2024-2031 here

News-ID: 3465555 • Views:

More Releases from Orion Market Research

Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, Leading Players and Growth Opportunities by 2033
Infrastructure as Code (IaC) Service Market Size Analysis, Competitive Insights, …
Infrastructure as Code (IaC) Service Market was valued at approximately USD 0.932 billion, and it's projected to expand to around USD 7.509 billion by 2033, achieving a robust CAGR of 23.2% from 2024 to 2033. Infrastructure as Code (IaC) Service Market Overview The Infrastructure as Code (IaC) Service Market is experiencing remarkable expansion, fueled by the escalating need for scalable, automated infrastructure deployment across cloud and enterprise environments. In 2023, the market
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to Understanding the Process
Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market : A Guide to …
Ultra High‐Performance Liquid Chromatography (UHPLC) Columns Market is estimated to be valued at USD 2.5 billion, and is projected to grow to approximately USD 4.8 billion by 2033, representing a compound annual growth rate (CAGR) of about 7.8% from 2024 to 2033. Ultra High-Performance Liquid Chromatography (UHPLC) Columns Market Overview The UHPLC columns market is on a strong growth trajectory, fueled by increasing demand for rapid, high-resolution analytical techniques across pharmaceuticals, biotechnology,
Property Management Service Market Rising Demand and Growth Forecast Through 2033
Property Management Service Market Rising Demand and Growth Forecast Through 203 …
Property Management Service Market was valued at approximately USD 17.3 billion. It is anticipated to reach around USD 32.0 billion by 2033, growing at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2033. Property Management Service Market Overview The Property Management Service Market is witnessing steady growth due to increasing urbanization, rising investments in real estate, and a growing demand for outsourced property management solutions. Property owners are increasingly
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSilicon Technologies Co., Ltd., ZTE Corporation,
5G Chipset Market Set to Witness Significant Growth by 2033 | Apple Inc., HiSili …
The global 5G chipset market was valued at USD 33.75 billion in 2024 and is projected to reach USD 502.66 billion by 2033, growing at a compound annual growth rate (CAGR) of 35% from 2025 to 2033. 5G Chipset Market Overview The 5G chipset market is experiencing rapid growth, driven by the global rollout of 5G networks and the increasing demand for high-speed, low-latency connectivity across various applications, including smartphones, IoT

All 5 Releases


More Releases for APC

APC RICS Pathway by Writing Ahead: 100% Guaranteed Success
Thousands of aspiring surveyors and built environment professionals across the UK struggle every year with the daunting process of the APC (Assessment of Professional Competence) RICS Pathway. Whether it's understanding the competencies, writing the perfect submissions, or simply managing nerves before the final interview - it's easy to feel overwhelmed and unsure where to start. At WritingAhead, we see these challenges every day. Many candidates tell us they've spent months trying
Bartz Law Group, APC Provides Dedicated Whistleblower Attorneys
Bartz Law Group, APC, is a leading employment law firm in California that provides labor and whistleblower attorneys. Hiring knowledgeable and experienced attorneys is the answer to solving workplace problems that seem to affect one's efficiency and mental and emotional health. Bartz Law Group, APC is a leading employment law firm providing effective legal representation in California. The employment law firm has been in the industry for years and is dedicated
Inorganic Piezo Material Market | APC International, Audiowell, CTS, CeramTec
The global inorganic piezo material market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the inorganic piezo material market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants. From the perspective of market dynamics, this report explores the factors driving the growth
Advanced Process Control (APC) Market 2022 | Detailed Report
ReportsnReports publishes the report titled Advanced Process Control (APC) that presents a 360-degree overview of the market under one roof. The report is developed with the meticulous efforts of an enthusiastic and experienced team of experts, analyts, and researchers that makes the report a valuable asset for stakeholders to make robust decisions. This report also provides an in-depth overview of product type, specification, technology, and production analysis considering vital factors
Mirapath, Inc. Achieves APC Elite Business Network Partner Status
Mirapath, Inc. - Cupertino, California – January 6, 2011 – Mirapath, Inc. announced today that it has earned the APC Elite Business Networks Partner certification. Mirapath, Inc. is now positioned to provide their customers the complete APC product and Schneider Electric services portfolio. As an Elite Business Networks partner Mirapath, Inc. has the ability to develop and configure the unique requirements of customers in the network closet and server room
Mirapath, Inc. Achieves APC Premier Partner Status
Cupertino, California – September 22, 2011 – Mirapath, Inc. announced today that it has earned the APC by Schneider Electric Premier Partner certification. Mirapath is now positioned to provide their customers the complete APC by Schneider Electric product and services portfolio. As a Premier partner, Mirapath is chartered by APC to develop and support relationships with the IT community. APC’s Premier status allows Mirapath to work jointly