DUBLIN, Oct. 17, 2014 /PRNewswire/ -- Research and Markets has announced the addition of the "Global Advanced Process Control Software Market 2014-2018" report to their offering.
APC software is an integrated tool used to increase the efficiency of process management and plant operation. Several organizations across various process industries such as the Chemical, Oil and Gas, Petrochemical, Power, Pharmaceutical, Pulp and Paper, and Food and Beverage industries use APC software to enhance organizational productivity. Effective deployment of APC software enables organizations to reduce downtime and increase the productivity of the industrial plant. Furthermore, it enables them to optimize their resource utilization.
The analysts forecast the Global APC Software market to grow at a CAGR of 9.97 percent over the period 2013-2018.
The Global APC Software market can be segmented into four end user segments: Oil and Gas Industry, Chemical Industry, Power Industry, and Others (Cement, Pulp and Paper, and Food and Beverage).
The report, the Global APC Software Market 2014-2018, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, APAC and EMEA regions; it also covers the Global APC software market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
The need for customized APC software is one of the major upcoming trends in the market. Several vendors in the Global APC Software market have started to develop customized industry-specific APC software to meet the requirements of end-users.
According to the report, the adoption of APC software in the power industry has increased considerably in recent times. The need for efficient and controlled processes in power production is likely to compel the power companies to adopt APC software.
Further, the report states that one of the major challenges that the market faces is that the non-traditional end-users are reluctant to employ APC software. Several large and small organizations are reluctant to use APC software because they are not aware of its underlying benefits. Therefore, more awareness needs to be created among organizations that are reluctant to use this software to ensure a sustained growth of the market.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Key Topics Covered:
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research Methodology
06. Market Landscape
07. Market Segmentation by End-users
08. Geographical Segmentation
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
17. Key Vendor Analysis
18. Other Reports in this Series
- Honeywell International
- Schneider Electric
- Aspen Technology
- General Electric
- Rockwell Automation
- Rudolph Technologies
- Yokogawa Electric
For more information visit http://www.researchandmarkets.com/research/3n6597/global_advanced
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SOURCE Research and Markets