December 7, 2015 - 3:36 AM EST
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Research and Markets: Global Advanced Process Control Software Market in Chemicals Industry 2016-2020

Research and Markets (http://www.researchandmarkets.com/research/tdcpzl/global_advanced) has announced the addition of the "Global Advanced Process Control Software Market in Chemicals Industry 2016-2020" report to their offering.

The 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.

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.

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 Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Market research methodology

PART 04: Introduction

PART 05: Market landscape

PART 06: Geographical segmentation

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

PART 13: Key vendor analysis

  • ABB
  • Honeywell
  • Schneider Electric
  • Siemens
  • Aspen Technology
  • GE
  • Rockwell Automation
  • Yokogawa Electric.

For more information visit http://www.researchandmarkets.com/research/tdcpzl/global_advanced

Research and Markets
Laura Wood, Senior Manager
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Sector: Software


Source: Business Wire (December 7, 2015 - 3:36 AM EST)

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