In this report, LP Information covers the present scenario (with the base year being 2017) and the growth prospects of global Automation in Chemicals Petrochemicals market for 2018–2023.
Global automation market in theChemicals Petrochemicals market to grow at a CAGR of more than 7% by 2020. The recent rise in capital and R&D investments for automation solutions is a critical factor that propels growth in this market. Also, rapid industrial development in emerging economies like China, India, and Brazil will bolster the need for automation products and services across various industries.
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According to the report, the US government has enacted stringent regulations and policies for manufacturing industries such as automotive, foods and beverages, consumer packaged goods, chemicals, and pharmaceuticals. It has imposed regulations and policies for good manufacturing practices with a view to improve public safety and to meet international quality standards.
The growing use of cloud computing and big data analytics in the chemicals and petrochemicals industry will impel market growth during the forecast period. The implementation of cloud computing and big data analytics in this industry will help manufacturers to expand their data storage facilities, boost operational flexibility, and enhance scalability during the manufacturing process. The ability of cloud-based and big data analytics to promote product lifecycle management and to help improve supply chain management will result in its augmented adoption during the predicted period.
Over the next five years, LPI(LP Information) projects that Automation in Chemicals Petrochemicals will register a 6.8% CAGR in terms of revenue, reach US$ 5790 million by 2023, from US$ 4160 million in 2017.
This report presents a comprehensive overview, market shares, and growth opportunities of Automation in Chemicals Petrochemicals market by product type, application, key manufacturers and key regions.
To calculate the market size, LP Information considers value and volume generated from the sales of the following segments:
Segmentation by product type:
Distributed control system (DCS)
Supervisory control and data acquisition (SCADA)
Manufacturing execution system (MES)
Programmable logic controller (PLC)
Advanced process control (APC)
Segmentation by application:
Chemicals
Petrochemicals
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Spain
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.
The key manufacturers covered in this report:
ABB
Emerson Electric
Honeywell
Siemens
Yokogawa Electric
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
Research objectives
To study and analyze the global Automation in Chemicals Petrochemicals consumption (value & volume) by key regions/countries, product type and application, history data from 2013 to 2017, and forecast to 2023.
To understand the structure of Automation in Chemicals Petrochemicals market by identifying its various subsegments.
Focuses on the key global Automation in Chemicals Petrochemicals manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Automation in Chemicals Petrochemicals with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the consumption of Automation in Chemicals Petrochemicals submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
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Table of content
2018–2023 Global Automation in Chemicals Petrochemicals Consumption Market Report
1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Automation in Chemicals Petrochemicals Consumption 2013–2023
2.1.2 Automation in Chemicals Petrochemicals Consumption CAGR by Region
2.2 Automation in Chemicals Petrochemicals Segment by Type
2.2.1 Distributed control system (DCS)
2.2.2 Supervisory control and data acquisition (SCADA)
2.2.3 Manufacturing execution system (MES)
2.2.4 Programmable logic controller (PLC)
2.2.5 Advanced process control (APC)
2.3 Automation in Chemicals Petrochemicals Consumption by Type
2.3.1 Global Automation in Chemicals Petrochemicals Consumption Market Share by Type (2013–2018)
2.3.2 Global Automation in Chemicals Petrochemicals Revenue and Market Share by Type (2013–2018)
2.3.3 Global Automation in Chemicals Petrochemicals Sale Price by Type (2013–2018)
2.4 Automation in Chemicals Petrochemicals Segment by Application
2.4.1 Chemicals
2.4.2 Petrochemicals
2.5 Automation in Chemicals Petrochemicals Consumption by Application
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