Advanced Process Control Industry Outlook 2025-2029: Market Set to Cross $31.15 Billion Milestone

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

How Large Will the Advanced Process Control Market Size By 2025?
In recent times, the market size of advanced process control has seen substantial growth. It is projected to escalate from a value of $20.18 billion in 2024 to $21.78 billion in 2025, increasing at a compound annual growth rate (CAGR) of 7.9%. The significant growth during the historical phase can be credited to the emergence of industrial automation, emphasis on energy efficiency, enforcement of industry regulations and standards, the growing complexities in industrial processes, and the necessity for cost reduction and operational efficacy.

How Big Is the Advanced Process Control Market Size Expected to Grow by 2029?
The size of the advanced process control market is anticipated to experience significant expansion in the upcoming years. The market is projected to reach $31.15 billion in 2029, growing at a compound annual growth rate (CAGR) of 9.4%. This predicted growth during the forecast period can be linked to factors such as the need for real-time process monitoring and control, escalating cybersecurity issues and their solutions, focus on preventive maintenance, customization and scalability, and the increasing demand for energy efficiency. Noteworthy trends expected during the forecast period are predictive maintenance using advanced analytics, cloud-based APC solutions, emerging industrial automation, the application of edge computing in control systems, interoperability and open standards, remote monitoring, and home care services.

View the full report here:
https://www.thebusinessresearchcompany.com/report/advanced-process-control-global-market-report

Which Key Market Drivers Powering Advanced Process Control Market Expansion and Growth?
The growth of the advanced process control market is predicted to be fueled by the increasing need for automation solutions. Automation is a technology that allows tasks to be carried out with minimal human intervention. Industry leaders employ Process Automation Systems (PAS) to reduce complexity, especially advanced process control (APC) systems, which ensures higher efficiency, reduced operator involvement, and augmented profits in a dynamic setting. APC is an enhancement to process automation systems that provides added value. As such, the growing demand for automation solutions is set to stimulate the advanced process control market. For example, an International Data Corporation (IDC) study revealed that spending on IoT goods and services in Australia and New Zealand alone is expected to exceed $16 billion in 2022, a 13% increase from 2021. Hence, the burgeoning necessity for automation is spearheading the expansion of the advanced process control market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9446&type=smp

What Trends Will Shape the Advanced Process Control Market Through 2029 and Beyond?
Leading companies in the advanced process control market are innovating technological solutions like digital twin technology to achieve optimal energy consumption and the highest quality of operations. Digital twin technology presents a digital model of a tangible product or system, offering real-time data, analysis and simulations to enhance comprehension and decision-making processes. For example, in February 2022, ABB., a company based in Switzerland that supplies electrical equipment and automation products, introduced ABB Ability Smart Solution for Wastewater, a digital answer to challenges faced by wastewater treatment plants. This solution, which incorporates advanced process control (APC) and digital twin technology, is designed to perfect operating conditions by reducing process variability and steadying operations.

What Are the Emerging Segments in the Advanced Process Control Market?
The advanced process control market covered in this report is segmented -

1) By Revenue Source: Software, Services
2) By Type: Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential Control, Sequential Control And Compressor Control
3) By End-Use: Oil And Gas, Petrochemicals, Pharmaceuticals, Food And Beverages, Energy And Power, Chemicals, Other End-Uses

Subsegments:
1) By Software: On-Premises Software, Cloud-Based Software, Licensing Fees
2) By Services: Consulting Services, Integration Services, Maintenance And Support Services

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=9446&type=smp

Who Are the Global Leaders in the Advanced Process Control Market?
Major companies operating in the advanced process control market include Schneider Electric, Siemens AG, General Electric, Aspen Technology Inc., Emerson Electric Co., ABB Ltd., Yokogawa India Ltd., Honeywell International Inc., Rockwell Automation Inc., Azbil Corporation., MAVERICK Technologies LLC, SGS SA, Metso Outotec, Mineser GmbH, Cisco, NovaTech LLC, Applied Materials Inc., Dassault Systèmes, SAP SE, Mitsubishi Electric Corporation, Wonderware (Aveva Group), Andritz AG, pirax-Sarco Engineering plc, OMRON Corporation

Which are the Top Profitable Regional Markets for the Advanced Process Control Industry?
Asia-Pacific was the largest region in the advanced process control market in 2024. North America is expected to be the fastest-growing region in the advanced process control market report during the forecast period. The regions covered in the advanced process control market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=9446

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.