Press release
Global Advanced Process Control (APC) Software Market Booming At CAGR Of 8.45% Between 2017-2021
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Advanced Process Control (APC) software consists of tools such as statistical process control, run-to-run control, and fault detection and classification. These tools together form a control unit that enables industries to optimally use their resources, increase productivity, and improve the accuracy level of the entire unit. APC software includes techniques that are widely used in industries to cater to the requirements of process control systems. The advanced control technology consists of advanced hardware such as online sensors, digital control units and other digital systems, and advanced software at the regulatory and optimization levels, in an industry.
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Technavios analysts forecast the global advanced process control (APC) software market to grow at a CAGR of 8.45% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the global advanced process control (APC) software market for 2017-2021. To calculate the market size, the report presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Advanced Process Control (APC) Software Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Key vendors
ABB
Honeywell International
Schneider Electric
Siemens
Other prominent vendors
Aspen Technology
Rockwell Automation
Rudolph Technologies
Emerson
General Electric
MAVERICK Technologies
Yokogawa
Market driver
Advantage of minimal resource requirement post implementation.
For a full, detailed list, view our report
Market challenge
Lack of well-trained workforce is required to operate APC software.
For a full, detailed list, view our report
Market trend
Deployment of mobile apps to leverage APC software.
For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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