Global Advanced Process Control (APC) Market Research Report: Information by Type (Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential Control, Sequential Control and Compressor Control), Revenue Source (Software and Services), Application (Oil & Gas, Pharmaceuticals, Power, Food & Beverages, Petrochemicals, Chemicals and Semiconductors) and Region (North America, Europe, Asia-Pacific and Middle East & Africa) - Forecast till 2030

Market Snapshot

The Global Advanced Process Control Market is expected to expand at 12.26% CAGR during the forecast period 2020–2030.

Advanced process control is an optimization technique that is used by industries such as oil & gas, petrochemicals, pharmaceutical, and chemicals, to improvise the profitability and efficiency of their operational process. Process control plays a crucial role in process industries as its stabilized control loops, big process dead time, and process interactions. Model predictive control, inferential control, and regulatory control are the major types of advanced process control. There are various industrial sectors such as water & wastewater, oil and gas, power, paper & pulps, pharmaceuticals, petrochemicals, chemicals, food & beverages, and others,  which are using and applying advanced process control in their process due to their ability to enhance the plant performance and stabilize the operations by reducing the process variable. There are several benefits associated with the APC such as it improves the production capacity, improves monitoring of process parameter, reduces energy consumption, offers predictive maintenance, and improved process safety. The growth of the advanced process control market is attributed to the increasing demand for the energy-efficient process control solution. The APCs curb energy loses during the processes such as furnaces, distillation, heat recovery, and steam power optimization. The industry experts can analyze the past energy consumption and energy profiles, which allows them to evaluate the thermal and energy losses, using APC these losses can be reduced which results in energy and cost-saving. Additionally, the increasing security and safety concerns in the process industries is also driving the APC market globally. However, the implementation cost for these techniques is high, which eventually, hampers the growth of the market.

Based on type, the global market has been segmented as advanced regulatory control, multivariable model predictive control, inferential control, sequential control, and compressor control. The multivariable model predictive control dominated the market in 2017 with a share of 33.2% and is expected to grow with 14.19% CAGR during the forecast period. Multivariable model predictive control technology can meet the requirements for specialized control for energy plants and petroleum refineries. Many industries, such as chemicals, oil & gas, food processing, and petrochemical, have adopted multivariable model predictive control strategies. Similarly, based on revenue source, the global market has been bifurcated as software and services. The software sub-segment dominated the market in 2017, growing with a CAGR of 12.25% during the forecast period.

Regional Analysis

Global Advanced Process Control Market Share, by Region, 2018 (%)  

Source: - MRFR Analysis

The global advanced process control market by region has been segmented into North America, Europe, Asia-Pacific, and the rest of the world.

Asia-Pacific accounted for the largest market share of 39.2% in 2017, with a market value of USD 386.10 million; the global market is expected to register 13.79% CAGR during the forecast period. Europe was the second-largest market in 2017, valued at USD 302.87 million; it is projected to grow at the highest CAGR of 10.36%. The growth in the Asia-Pacific market is driven by the increasing power plants, manufacturing industries, and the growing requirement for industrial automation is fueling the growth of the market.

Companies Covered

The key players of global advanced process control market are General Electric Company (US), Siemens AG (Germany), ABB Ltd (Switzerland), Emerson Electric Corporation (US), Rockwell Automation, Inc. (US), Honeywell International (US), Yokogawa Electric Corporation (Japan), Schneider Electric (France), Aspen Technology, Inc. (US), and Rudolph Technologies, Inc. (US),  

Key Developments  

• In July 2016 Rudolph Technologies, Inc. revealed their new patent, Clearfind technology, that detects organic defects in advanced packaging inspection, which is impossible to be detected through conventional white-light imaging techniques.

• In December 2017 Honeywell Process Solutions announced their advanced process control at the Bashneft oil refining complex. This advanced process control helped in increasing the output of products and decrease energy usage.

• In October 2017 Rockwell Automation announced their collaboration with Cuyahoga Community College (Tri-C) on an industrial training program to provide training on advanced manufacturing to combat challenges faced by manufacturers.

• In June 2017 Aspen Technology, Inc. launched new aspenONE Version 10 software. This software includes aspenONE Asset Performance Management for processing and measuring equipment performance management.

• June 2017 Honeywell acquired Nextnine, a privately held provider of security management solutions and technologies for industrial cybersecurity. With this acquisition, they offered a comprehensive portfolio of cybersecurity solutions to protect and defend their industrial control systems and process control network.

• In February 2018 AspenTech acquired Apex Optimization, which is a European company specializing in dynamic optimization and advanced process control. With this acquisition, they introduced advanced process control with planning & scheduling, enabling unified production optimization for refineries and petrochemical companies.

• In April 2018 Yokogawa announced their plant resource management software tools for managing and monitoring a large volume of data that provides statistical data to identify the overall status of the devices in the manufacturing industry

Market Segmentation

• By Type – Advanced Regulatory Control, Multivariable Model Predictive Control, Inferential Control, Sequential Control, and Compressor Control


• By Revenue Source – Software and Services


• By Application – Oil & Gas, Pharmaceuticals, Power, Food & Beverages, Petrochemicals, Chemicals, and Semiconductors

Key questions addressed by the report

• What was the historic market size (2017)?


• Which segmentation (Type/ Software Type/ Revenue Source/ Application) is driving market?


• What will be the growth rate by 2023?


• Who are the key players in this market?


• What are the strategies adopted by key players?