Market Share of Advanced Process Control Industry
The advanced process control market iscompetitive, withthe presence of several major playersandsmall players. The market is slightly consolidated. Majorplayers applystrategic initiatives, such as acquisitions, collaborations, partnerships, expansions, and technology launches,to gain a competitive advantage over the competitor and to retaintheir positions in this market. Manyplayers are investing in R&D to develop a cost-effective product portfolio.
- January 2019 -ControlSoft, Inc. a global provider of software products and advanced control technologies used for real-time process control in the industrial markets, acquiredeSimulationInc.a pioneer in the field of midstream natural gas gathering and processing cloud-based software solutions.
Advanced Process Control (APC) Market Leaders
ABB Ltd.
Emerson Electric Co.
General Electric Co.
Schneider Electric SE
Siemens AG
*Disclaimer: Major Players sorted in no particular order
