The Impact of Advanced Process Control on Manufacturing Industries
The advanced process control market was evaluated at US$1,699.590 million for 2020 and is projected to grow at a CAGR of 8.36%, reaching a market size of US$2,981.447 million by 2027.
The advanced process control system is a collection of optimization and management system technology that is utilized by industries to increase production capacity, enhance equipment dependability, minimize power consumption, and shorten operating times. Advanced process control is a technology that allows organizations to get the most out of their assets by improving operating performance and process profitability.