Buy Now
$4,123 $4,850
15% off
$4,840 $6,050
20% off
$5,845 $8,350
30% off
Buy now
Premium Report Details
Base Year: 2024
Companies covered: 21
Tables & Figures: 215
Countries covered: 19
Pages: 190
Download Free PDF

Advanced Process Control Market
Get a free sample of this reportGet a free sample of this report Advanced Process Control Market
Is your requirement urgent? Please give us your business email for a speedy delivery!
Advanced Process Control Market Size
The global advanced process control market was valued at USD 3.5 billion in 2024 and is estimated to grow at a CAGR of 11.6% to reach USD 10.3 billion by 2034. The growth of the market is attributed to factors such as integration of AI, machine learning, and IoT into APC systems and growing adoption of automation and industry 4.0.
The rapid proliferation of AI, machine learning, and IoT into APC systems is one of the leading factors driving the demand for Advanced Process Control worldwide. Integrating AI, IoT, and Machine Learning into APC systems is already beginning to transform the industries to manage and optimize their processes. AI can improve APC’s predictive capabilities by analysing vast data and identifying patterns that human operators might miss. This leads to more accurate predictions and better control over manufacturing processes.
Additionally, IoT plays a critical role by providing a network of interconnected devices that continuously monitor and collect data from various points in the production process. This real-time data collection enables APC systems to make instantaneous adjustments, ensuring optimal performance and quality. Furthermore, Machine Learning algorithms can enhance APC by learning from past data to improve process control strategies. These algorithms can adapt to changing conditions and optimize processes without human intervention, improving efficiency and consistency.
For instance, in January 2024, ABB announced its plan to acquire majority of stake in software service provider company, Meshmind, with the purpose to enhance its Industrial IoT, Artificial Inteligence (AI), machine vision research and development capabilities. ABB is expected to bring together engineering expertise, AI, and software knowledge from this acquisition to establish a new global R&D center to enhance the development of cutting-edge automation solutions in its Machine Automation sector (B&R).
Industry 4.0 shows the emergence of cyber-physical systems powered by advanced digital intelligence, transforming process industries that generate vast amounts of data from various instrumentation and control layers. To maximize automation benefits, advanced control measures are essential for managing complex processes, reducing variability, enhancing throughput, and supporting sustainability objectives. While process manufacturing has traditionally relied on feedback and feedforward regulatory controls, the shift toward Advanced Process Control (APC) introduces sophisticated techniques, statistical models, and mathematical methodologies to optimize operations by managing multiple variables simultaneously.
Advanced Process Control Market Trends
Advanced Process Control Market Analysis
Based on the offering, the market is segmented into hardware, software and services.
Based on end-use industry, the market is divided into chemicals, energy & power, food & beverages, mining & minerals, oil & gas, pharmaceuticals, others.
Advanced Process Control Market Share
The advanced process control industry is competitive and highly fragmented with the presence of established global players as well as local players and startups. The top 7 companies in the global ambient light market are ABB Ltd., Honeywell International Inc., Siemens AG, Emerson Electric Co., Aspen Technology, Inc., General Electric Co., Schneider Electric SE, collectively accounting for a share of 35%. These companies are competing in the market by offering support for safety and quality improvements, boost productivity, and raise operational efficiency. For instance, In January 2024, ABB launched new process automation solution for cold block stage of beer production to drive optimization and efficiency improvements. Brewery-specific ABB Ability BeerMaker for cold block intelligent process automation control solution will support safety and quality improvements, boost productivity, and raise operational efficiency.
New product launches are the most significant strategic development which key players in the market are adopting for augmenting their market share. Key Advanced Process Control manufacturers are increasingly launching new products for proliferation in industrial sectors. For instance, in August 2023, ABB implemented its advanced process control solution, the ABB Ability Expert Optimizer system, at the Tokuyama Nanyo cement plant in Japan. With the commissioning of the ABB Ability Expert Optimizer, Tokuyama can achieve a reduction of approximately 3% in thermal energy consumption in the kiln, all while upholding the operational quality at the Nanyo plant, recognized as one of Japan's largest single factories. This industrial software harnesses advanced process control techniques, including linear and non-linear model predictive control, fuzzy logic, and neural networks, to consistently and accurately automate optimal operational decisions.
Advanced Process Control Market Companies
The top 7 companies operating in the advanced process control industry are:
Advanced Process Control Industry News
This advanced process control market research report includes in-depth coverage of the industry with estimates & forecasts in terms of revenue (USD Million) from 2021 to 2034, for the following segments:
Click here to Buy Section of this Report
Market By Offerings
Market, By End Use Industry
The above information is provided for the following regions and countries: