Global Advanced Process Control Market Size & Outlook
The global advanced process control market size was estimated at USD 2,173.6 million in 2023 and is projected to reach USD 4,545.2 million by 2030, growing at a CAGR of 11.1% from 2024 to 2030.
Revenue, 2023 (US$M)
$2,173.6
Forecast, 2030 (US$M)
$4,545.2
CAGR, 2024 - 2030
11.1%
Report Coverage
Worldwide
Global advanced process control market, 2018-2030 (US$M)
Global advanced process control market highlights
- The global advanced process control market generated a revenue of USD 2,173.6 million in 2023 and is expected to reach USD 4,545.2 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 11.1% by 2030.
- In terms of segment, hardware accounted for a revenue of USD 2,173.6 million in 2023.
- Hardware is the most lucrative component segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 2,173.6 million |
| Market revenue in 2030 | USD 4,545.2 million |
| Growth rate | 11.1% (CAGR from 2023 to 2030) |
| Largest segment | Hardware |
| Fastest growing segment | Hardware |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Hardware |
Other key industry trends
- In terms of revenue, the North America accounted for 36.8% of the global advanced process control market in 2023.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Advanced Process Control Market Scope
Advanced process control market segmentation & scope
Technology
Inferential control
Compressor control
Multivariable Model Predictive control (MPC)
Sequential control
Advanced Regulatory Control (ARC)
Solution
Process Performance
Operation Management
Workforce Management
Energy Management and Optimization
Asset Performance Optimization
Others
Enterprise Size
Small & Medium Enterprises (SMEs)
Large Enterprises
End Use
Energy & Power
Chemicals
Paper & Pulp
Mining, Minerals, and Metals
Oil and Gas
Pharmaceuticals
Food & Beverages
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Brazil
Australia
China
India
Japan
South Korea
UAE
South Africa
Saudi Arabia
Advanced Process Control Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Aspen Technology Inc | View profile | 3900 | 20 Crosby Drive, Bedford, MA, United States, 01730 | https://www.aspentech.com |
| Yokogawa Electric Corp. | View profile | 10001+ | Tokyo, Tokyo, Japan, Asia | http://www.yokogawa.com |
| Emerson Electric Co | View profile | 67000 | 8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, United States, 63136 | https://www.emerson.com |
| Honeywell International Inc | View profile | 95000 | 855 South Mint Street, Charlotte, NC, United States, 28202 | https://www.honeywell.com |
| Rockwell Automation Inc | View profile | 29000 | 1201 South Second Street, Milwaukee, WI, United States, 53204 | https://www.rockwellautomation.com |
| Siemens AG | View profile | 321000 | Werner-von-Siemens-Strabe 1, Munich, BY, Germany, 80333 | https://www.siemens.com |
| ABB Ltd | View profile | 108700 | Affolternstrasse 44, Zurich, Switzerland, 8050 | https://www.abb.com |
| Panasonic Holdings Corp | View profile | 230025 | 1006, Oaza Kadoma, Kadoma-shi, Osaka, Japan, 571-8501 | https://holdings.panasonic |
| Schneider Electric SE | View profile | 162339 | 35, rue Joseph Monier - CS 30323, Rueil Malmaison, France, F-92506 | https://www.se.com |
Global advanced process control market size, by regions, 2018-2030 (US$M)
Related industry reports
Related statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
