Press release
Global Universal Process Controllers Market Will Grow At A CAGR Of 5.90% During The Period 2017-2021
Market Research Report
About Universal Process Controllers
Universal process controllers monitor and control different process variables, parameters, and initiate controller functions based on measurements. They receive sensor inputs, provide control functions, and output control signals. Process automation and instrumentation is a necessity for industrial manufacturing, as it helps in optimizing business outcomes. It aids in effectively controlling and monitoring the industrial production process by minimizing downtimes of a plant. The global process automation and instrumentation market has a significant growth potential from the developing countries such as China, India, Indonesia, Brazil, Argentina, and Mexico. The increase in business competition among competitive organizations and companies has led to growth in the global process automation and instrumentation market.
Technavios analysts forecast the global universal process controllers market to grow at a CAGR of 5.90% during the period 2017-2021.
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Covered in this report
The report covers the present scenario and the growth prospects of the global universal process controllers market for 2017-2021. To calculate the market size, the report considers the sales market.
The market is divided into the following segments based on geography:
Americas
APAC
EMEA
Technavio's report, Global Universal Process Controllers 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
Brkert
JUMO
OMEGA Engineering
Sisel Engineering
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Other prominent vendors
Arthur J. Gallagher
Atrium
Beazley
Chubb
Gard
Mitsui Sumitomo Insurance
Munich Re
Peoples Insurance Agency
Samsung Fire & Marine Insurance
Sompo Japan Nipponkoa Insurance
Swiss Re Group
Thomas Miller
Tokio Marine Holdings
XL Group
Zurich Insurance Group
Market driver
Integration of UPCs with control system
For a full, detailed list, view our report
Market challenge
Adoption of low cost individual process controllers over UPCs
For a full, detailed list, view our report
Market trend
Miniaturization of UPCs
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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