Advanced Process Control Market worth $1,465.62 Million and New Trend Tec - PowerPoint PPT Presentation

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Advanced Process Control Market worth $1,465.62 Million and New Trend Tec

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The advanced process control market is growing at a high CAGR rate; it has applications across sectors such as oil and gas, petrochemicals, water & wastewater, chemicals, power, paper & pulps, pharmaceuticals, food & beverages, and others (mining and cement). Advanced process control is used to optimize plant performance and stabilize plant operations by minimizing the fluctuations of key process variables. – PowerPoint PPT presentation

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Title: Advanced Process Control Market worth $1,465.62 Million and New Trend Tec


1
MarketsandMarkets Presents
Advanced Process Control Market by Revenue Source
(Software And Services), Application (Oil Gas,
Petrochemicals, Water Wastewater, Chemicals,
Power, Paper Pulp, Pharmaceuticals, Food) And
By Geography- Analysis Forecast - 2020  The
advanced process control market is estimated to
reach 1,465.62 million by 2020 growing at a
CAGR of 11.79 to 2020.
2
The advanced process control (APC) encompasses a
broad range of sophisticated technologies and
tools that are used to optimize plant
performances across a range of applications. The
advanced process control market comprises of APC
software and related services .The overall
application market is comprised primarily of
process industries where APC tools are used to
optimize plant performance. Sample pages of the
Report http//www.marketsandmarkets.com/requests
ample.asp?id61285471 The major market for
advance process control is considered to be in
APAC, however ROW and North America are growing
at a high CAGR. The application market for
advanced process control can be divided into oil
and gas, petrochemicals, water wastewater,
chemicals, power, paper pulp, pharmaceuticals,
food beverages, and others. Oil and gas
accounts highest market size in advanced process
control market and this trend is expected to
continue during the forecasted period. 
3
This report gives a detailed view of the market
across geographies, namely North America, Europe,
the Asia-Pacific, and RoW. APAC dominates the
advanced process control market in terms of
revenue generation with a highest market share of
26 in 2013 growing at a CAGR of 11.85 from
2014 to 2020. India and China market with regards
to advanced process control market accounts a
collective market share of 54 during
2013. Report Information http//www.marketsan
dmarkets.com/Market-Reports/advanced-process-contr
ol-market-61285471.html The major players
involved in the development of advanced process
control market include ABB Ltd. (Switzerland),
Aspen Technology, Inc. (U.S.), Emerson Electric
Co.  (U.S.), General Electric Co. (U.S.),
Honeywell International, Inc. (U.S.), Rockwell
Automation, Inc. (U.S.), Rudolph Technologies,
Inc. (U.S.), and Schneider Electric SE
(France).
4
About MarketsandMarkets MarketsandMarkets is
worlds No. 2 firm in terms of annually published
premium market research reports. Serving 1700
global fortune enterprises with more than 1200
premium studies in a year, MM is catering to
multitude of clients across 8 different
industrial verticals. We specialize in consulting
assignments and business research across high
growth markets, cutting edge technologies and
newer applications. Our 850 fulltime analyst and
SMEs at MarketsandMarkets are tracking global
high growth markets following the "Growth
Engagement Model GEM". The GEM aims at
proactive collaboration with the clients to
identify new opportunities, identify most
important customers, write "Attack, avoid and
defend" strategies, identify sources of
incremental revenues for both the company and its
competitors.
5
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