Advanced Process Control (APC) Market size was over USD 2.68 billion in 2024 and is likely to cross USD 9.7 billion by the end of 2037, growing at more than 10.4% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of advanced process control is estimated at USD 2.9 billion.
The growth of the market is because advanced process control meets user needs more quickly and at a lower cost, its adoption in the oil and gas, petrochemical, and pharmaceutical industries is expected to continue strong. Fifty percent of manufacturing jobs will be mechanized by 2025. Finding skilled workers is cited as the biggest difficulty by 61% of industrial industries, which has increased reliance on automation.
In addition to these, the market is expected to grow as a result of factors including the major players' strategic alliances and the increased funding for research and development (R&D) projects aimed at bringing energy-efficient process controlling systems to advanced process control market.
Author Credits: Abhishek Verma
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