1. Market Research
  2. > Software Market Trends
  3. > Global Advanced Process Control Software Market in Chemicals Industry 2016-2020

Global Advanced Process Control Software Market in Chemicals Industry 2016-2020

  • November 2015
  • -
  • Infiniti Research Limited
  • -
  • 50 pages

Market outlook for the APC software market in the chemicals industry
Technavio’s market research analyst predicts the global APC software market in chemicals industry to grow steadily at a CAGR of around 7% during the forecast period. The rising investments in the US chemical industry is expecetd to drive the market growth during the forecast period. The economic recovery in the region has boosted the sale of light vehicles, appliances, and construction materials. The automotive and real estate sectors are the major end-user markets for chemicals in the US. For instance, during 2015, nearly 215 new chemical production projects with a market value of around USD 135 billion were started to cater to the rising demand from end-user industries.

The lack of skilled workforce that can develop and operate statistical and optimization models and integrate APC software with legacy automation systems is anticipated to pose challenges to the market growth during the forecast period. The use of APC technology is man power intensive and also requires extensive technical and domain knowledge.

Geographical segmentation and analysis of the APC software market in the chemicals industry
Americas
APAC
EMEA
APAC accounted for around 43% of the market share during 2015. The growth of the chemical industry in this region has led to a high adoption of the software, driving the market growth. For instance, companies such as Sinopec, based in this region APAC, uses Honeywell’s Profit Suite R400, an APC software, in their chemical production facilities, to achieve high production values through greater flexibility and efficient operations.

Competitive landscape and key vendors
The market is dominated by large international vendors. Small and medium vendors do not exist in the market because operations in the chemical industry are complex and critical, which require skilled labor and heavy investments. The competitive environment in this market is likely to intensify during the forecast period due to product extensions and technological innovations.

The leading vendors in the market are –

ABB
Honeywell
Schneider Electric
Siemens
Other prominent vendors in the market include Aspen Technology, GE, Rockwell Automation, and Yokogawa Electric.


Key Questions Answered in this Report
What will the market size and the growth rate be in 2020?
What are the key factors driving the APC software market in the chemicals industry?
What are the key market trends impacting the growth of the APC software market in the chemicals industry?
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 vendors in the APC software market in the chemicals industry?
Trending factors influencing the market shares of the Americas, APAC, and EMEA?
What are the key outcomes of the five forces analysis of the APC software market in the chemicals industry?
Related Reports

Global Advanced Process Control (APC) Software Market 2015-2019
Global Advanced Process Control Software Market in the Oil and Gas Industry Market 2015-2019

Table Of Contents

Global Advanced Process Control Software Market in Chemicals Industry 2016-2020
PART 01: Executive summary
Highlights
PART 02: Scope of the report
Top-vendor offerings
PART 03: Market research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market size and forecast
Five forces analysis
PART 06: Geographical segmentation
Global APC software market in chemical industry by region
APC software market in chemical industry in APAC
APC software market in chemical industry in EMEA
APC software market in chemical industry in Americas
PART 07: Market drivers
PART 08: Impact of drivers
PART 09: Market challenges
PART 10: Impact of drivers and challenges
PART 11: Market trends
PART 12: Vendor landscape
Competitive scenario
Other prominent vendors
PART 13: Key vendor analysis
ABB
Honeywell International
Schneider Electric
Siemens
PART 14: Appendix
List of abbreviations
PART 15: Explore Technavio

List of Exhibits
Exhibit 01: Product offerings
Exhibit 02: Global APC software market in chemical industry 2015-2020 ($ millions)
Exhibit 03: Five forces analysis
Exhibit 04: APC software market in chemical industry in APAC 2015-2020 ($ millions)
Exhibit 05: APC software market in chemical industry in EMEA 2015-2020 ($ millions)
Exhibit 06: APC software market in chemical industry in Americas 2015-2020 ($ millions)
Exhibit 07: Impact of drivers
Exhibit 08: Impact of drivers and challenges
Exhibit 09: ABB: Business segmentation 2014
Exhibit 10: ABB: Business segmentation 2013 and 2014 ($ billions)
Exhibit 11: ABB: Geographical segmentation 2014
Exhibit 12: Honeywell International: Business segmentation 2014
Exhibit 13: Honeywell International: Business segmentation by revenue 2013 and 2014
Exhibit 14: Honeywell International: Geographical segmentation 2014
Exhibit 15: Schneider Electric: Business segmentation 2014
Exhibit 16: Schneider Electric: Business segmentation by revenue 2013 and 2014 ($ billions)
Exhibit 17: Schneider Electric: Geographical segmentation by revenue 2014
Exhibit 18: Siemens: Business segmentation 2014
Exhibit 19: Siemens: Geographical segmentation of industry segment 2014

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Veronica

+1 718 514 2762

Purchase Reports From Reputable Market Research Publishers
The Analytics software systems: worldwide forecast 2016–2020

The Analytics software systems: worldwide forecast 2016–2020

  • $ 7999
  • Industry report
  • October 2016
  • by Analysys Mason

This report provides forecasts for communications service provider (CSP) spending on telecoms-specific analytics software systems. It provides details of how spending will vary by delivery type, service ...

The Analytics software systems: worldwide market shares 2015

The Analytics software systems: worldwide market shares 2015

  • $ 7999
  • Industry report
  • September 2016
  • by Analysys Mason

"The telecoms industry is increasing its spending on analytics software systems, but not to the extent that we predicted last year." This report assesses which vendors are leading in the analytics software ...

Encryption Software Market by Application, Service, Deployment Type, User Type, Industry Vertical, Region - Global Forecast to 2021

Encryption Software Market by Application, Service, Deployment Type, User Type, Industry Vertical, Region - Global Forecast to 2021

  • $ 7150
  • Industry report
  • October 2016
  • by MarketsandMarkets

“Increasing need to safeguard data against cyber-attacks will drive the encryption software market” The encryption software market size is estimated to grow from USD 3.05 billion in 2016 to USD 8.94 ...


ref:plp2015

Reportlinker.com © Copyright 2016. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.