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

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

Category : Automotive and Transportation
Published On : November  2015
Pages : 70



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GLOBAL ADVANCED PROCESS CONTROL SOFTWARE MARKET IN THE OIL AND GAS INDUSTRY MARKET 2015-2019
Market segmentation of the advanced process control software market in the oil and gas industry with respect to geography, including the Americas, EMEA, and APAC. The report also discusses the major drivers and trends influencing the growth of the market. A detailed analysis of the top vendors such as ABB, Honeywell International, Schneider Electric, and Siemens is included in the report.

Market outlook: Advanced process control software market in the oil and gas industry
APC software is an integrated tool used to increase the efficiency of process management and plant operations. Many organizations across numerous process industries such as chemical, oil and gas, petrochemical, power, pharmaceutical, pulp and paper, and food and beverage use APC software to optimize their resource utilization and improve their organizational productivity.

Technavios market research analysts predict the global APC software market in the oil and gas industry to grow at a CAGR surpassing 7% during the forecast period.

One of the major factors contributing to the growth of the market is the decreased prices of oil and gas worldwide, which has driven oil and gas vendors to reduce their manufacturing so that they can equalize their spending. This need to reduce costs has made them adopt APC in their production process to achieve maximum efficiency and reduce the production cost.

Geographical segmentation of the advanced process control software market in the oil and gas industry
Americas
APAC
EMEA

In 2014, the EMEA led the market contributing more than 47% of the market share, followed by the Americas and APAC. Majority of the demand for APC in the oil and gas industry is expected to surface from the Middle East, as this region has been one of the major exporter of oil.

Competitive landscape and key vendors
The global APC software market in the oil and gas industry is dominated by a few major players and because of the complex operation nature and the need for technical expertise in the field, there are no small and medium players in the market.

ABB, one of the leading players, has a huge presence in the market because it provides compact and scalable APC software.

Top vendors in this market are -

ABB
Honeywell International
Schneider Electric
Siemens

Other prominent vendors included in this report are Aspen Technology, GE, Rockwell Automation, and Yokogawa Electric.

Growth drivers, challenges, and upcoming trends: Advanced process control software
Technavio's analysts emphasize the use of analytics in APC, which is an upcoming trend for decision making across industries and its use will have a positive impact on the global APC software market. Many of these analytical software solutions are designed and developed to help companies improve decision making, minimize errors, and find the cause of a problem.

This report provides a number of factors contributing to the adoption, limitations, and opportunities of the advanced process control software market in oil and gas industry. It also offers an analysis of each factor and an estimation of the extent to which the factors are likely to impact the overall market growth.

Key questions answered in the report include
What will the market size and the growth rate be in 2019
What are the key factors driving the global advanced process control software market in the oil and gas industry
What are the key market trends impacting the growth of the global advanced process control software market in the oil and gas industry
What are the challenges to market growth
Who are the key vendors in the global advanced process control software market in the oil and gas industry
What are the market opportunities and threats faced by the vendors in the global advanced process control software market in the oil and gas industry
What are the trending factors influencing the market shares of the Americas, EMEA, and APAC
What are the key outcomes of the five forces analysis of the global advanced process control software market in the oil and gas industry

Technavio also offers customization on reports based on specific client requirement.

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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

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