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Middle East & Africa Advanced Process Control Market Forecasts 2018-2023 - A $16.21 Million Market Opportunity - ResearchAndMarkets.com

June 5, 2018

DUBLIN--(BUSINESS WIRE)--Jun 5, 2018--The “Middle East and Africa Advanced Process Control Market - Forecasts from 2018 to 2023” report has been added to ResearchAndMarkets.com’s offering.

MEA advanced process control market is projected to witness a CAGR of 7.42% during the forecast period to reach a total market size of US$16.212 million by 2023, increasing from US$10.553 million in 2017.

Growing adoption of factory automation is the major factor driving the regional growth. Oil production and the development of shale gas further drive the need of APC system due to growing need of automation process to avoid industrial accidents and lowering the industrial expenditure.

Other drivers include growing regulation for work place safety and rising need to conserve energy. The need to minimise the cost and maximise the efficiency with growing competition in the market will augment the regional market growth in years ahead.

This research study examines the market on the basis of various segments. Major drivers, restraints, and opportunities have been mentioned to provide an exhaustive picture of the market. Furthermore, the current market trends related to the demand, supply, and sales, in addition to the recent developments, have been provided in this report. The report also analyzes key players in the MEA Advanced Process Control market.

Key Topics Covered

1. Introduction

1.1. Market Definition

1.2. Scope of the Study

1.3. Currency

1.4. Assumptions

1.5. Base, and Forecast Years Timeline

2. Research Methodology

2.1. Research Design

2.2. Secondary Sources

2.3. Validation

3. Key Findings of the Study

4. Market Dynamics

4.1. Drivers

4.2. Restraints

4.3. Opportunities and Market Trends

4.4. Market Segmentation

4.5. Porter’s Five Forces Analysis

4.6. Industry Value Chain Analysis

5. MEA Advanced Process Control Market Forecast by Type (US$ Billion)

5.1. Sequential Control

5.2. Compressor Control

5.3. Advanced Regulatory Control

5.4. Inferential Control

5.5. Others

6. MEA Advanced Process Control Market Forecast by Application (US$ Billion)

6.1. Power

6.2. Oil and Gas

6.3. Pharmaceuticals

6.4. Chemicals

6.5. Food and Beverage

6.6. Others

7. MEA Advanced Process Control Market Forecast by Country (US$ Billion)

7.1. South Africa

7.2. UAE

7.3. Saudi Arabia

7.4. Others

8. Competitive Intelligence

8.1. Strategies of Key Players

8.2. Recent Investments and Deals

9. Company Profiles

9.1. Honeywell International, Inc.

9.2. ABB Ltd.

9.3. Emerson Electric Co.

9.4. Rockwell Automation, Inc.

9.5. Schneider Electric SE

9.6. List is not exhaustive*

For more information about this report visit https://www.researchandmarkets.com/research/ppwmqs/middle_east_and?w=4

View source version on businesswire.com:https://www.businesswire.com/news/home/20180605005860/en/

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Related Topics:Engineering

KEYWORD: AFRICA MIDDLE EAST

INDUSTRY KEYWORD: MANUFACTURING OTHER MANUFACTURING

SOURCE: Research and Markets

Copyright Business Wire 2018.

PUB: 06/05/2018 06:51 AM/DISC: 06/05/2018 06:51 AM

http://www.businesswire.com/news/home/20180605005860/en

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