Advanced Process Control Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)


Advanced Process Control (APC) Market Analysis:

The global advanced process control market, valued at USD 1359.85 million in 2020, is projected to grow at a CAGR of 9.31% over the forecast period (2021–2026) and reach USD 2314.5 million by 2026. Advanced process controls (APC) are optional solutions that are added subsequently to basic process controls to address specific performance or economic improvement opportunities in the process. Although APC has been around for over three decades, it has gained increased prominence recently as factories worldwide focus on process optimization. These solutions aid in integrating information, control, power, and safety solutions to meet the demand for affordable energy, stringent government regulations, and cost reduction. The increasing demand for automation solutions across various industries is the major driver for the global advanced process control market. However, the complexity of APCs makes it challenging to engineer and support, requiring a skilled workforce. This factor may hinder the adoption of APCs in some industries. Saki Corporation (Japan) announced that its automated optical inspection (AOI) systems are the first AOI systems to be certified by Panasonic to support its APC-MFB2 System, bringing yield improvement in the pre-reflow process and the entire SMT line for meeting M2M connection requirements.

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