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The publisher brings years of research experience to the 6th edition of this report. The 286-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.
Global Advanced Process Control Market to Reach $2.1 Billion by 2027
Amid the COVID-19 crisis, the global market for Advanced Process Control estimated at US$1.2 Billion in the year 2020, is projected to reach a revised size of US$2.1 Billion by 2027, growing at a CAGR of 7.9% over the analysis period 2020-2027.
Advanced Regulatory Control, one of the segments analyzed in the report, is projected to record a 8.5% CAGR and reach US$997.5 Million by the end of the analysis period. After an early analysis of the business implications of the pandemic and its induced economic crisis, growth in the Multivariable Model Predictive Control segment is readjusted to a revised 7.6% CAGR for the next 7-year period.