Global Advanced Process Control (APC) Market Size, Status and Forecast 2021-2027

In control theory Advanced process control (APC) refers to a broad range of techniques and technologies implemented within industrial process control systems. Advanced process controls are usually deployed optionally and in addition to basic process controls. Basic process controls are designed and built with the process itself, to facilitate basic operation, control and automation requirements. Advanced process controls are typically added subsequently, often over the course of many years, to address particular performance or economic improvement opportunities in the process.
North America and Asia-Pacific is anticipated to be major regional segment over the forecast period owing to rising energy efficient production and increasing infrastructure development. India and China is expected to be major revenue area in Asia Pacific over the forecast period.

Market Analysis and Insights: Global Advanced Process Control (APC) Market
The global Advanced Process Control (APC) market size is projected to reach US$ 1027.8 million by 2026, from US$ 642.8 million in 2019, at a CAGR of 6.9% during 2021-2026.
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Global Advanced Process Control (APC) Scope and Market Size
Advanced Process Control (APC) market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Advanced Process Control (APC) market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027.

Segment by Type
Advanced Regulatory Control (ARC)
Multivariable Model Predictive Control (MPC)
Nonlinear MPC

Segment by Application
Petroleum Industry
Chemical Industry
Power Industry
Metallurgical Industry
Other

By Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Nordic
Rest of Europe
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA

By Company
ABB
Honeywell
Schneider Electric
Siemens
Aspen Technology
GE
Rockwell Automation
Yokogawa Electric