Global Universal Process Controllers Market 2017-2021

Overview of the global universal process controllers market

The growing market conditions in APAC have increased the demand for UPCs in both the discrete and process industries. The advancement in the process industries like chemical and petrochemical, food and beverages, and power generation have created a growing inclination and preference among the evolving Asian countries for UPCs. UPCs offer several benefits such as best control response, shorter lead time, and increase in throughput. This has encouraged companies to invest in modern technologies, integration systems, and automation technologies that are increasingly adopting UPCs. According to Technavio's market research analysts, the universal process controllers (UPC) market will grow at a CAGR of around 6% by 2021.

In terms of geographic regions, EMEA will be the major revenue contributor to the universal process controllers market throughout the forecast period. The oil and gas, power, food and beverages, and chemical and petrochemical industries are the major drivers to the UPC market in EMEA. The manufacturing of new process machines, the adoption of process automation, and the integration with control systems for the end-user applications, will also increase the demand for UPCs in this region.

Competitive landscape and key vendors  

The competition among the players in the global universal process controllers market is mainly based on product features, prices, and customized solutions. The well-established vendors are concentrating on geographical expansion. The vendors in the process control systems market focus on increasing their production capacities and in upselling products by upgrading the existing UPCs.

The leading vendors in the market are -

• ABB
• Bürkert
• JUMO
• OMEGA Engineering
• Sisel Engineering

The other prominent vendors in the market are A&D Company, ACS-CONTROL-SYSTEM, ATEK SENSOR TECHNOLOGY, Athena Controls, Clark Solutions, Comeco, Hach, Nivelco, NOVUS Automation, Omni instruments, Pixsys Electronics, Siemens, Watlow, and West Control Solutions.

Segmentation by type and analysis of the universal process controllers market

• Panel mounted UPC
• Field mounted UPC

During 2016, the panel mounted UPC segment accounted for the major shares of the universal process controllers market. Factors such as the increasing usage of universal process controllers in the oil and gas, chemical and petrochemical, food and beverages, and pharmaceutical industries and the flexibility of user interface and operations, will contribute to the growth of this industry segment in the process control systems market in the coming years.

Segmentation by end-user and analysis of the universal process controllers market

• Oil and gas industry
• Food and beverages industry
• Chemical and petrochemical industry
• Power industry

According to this market research report, the oil and gas industry will hold the maximum share of the universal process controllers market during the forecast period. The deployment of production machines and instruments, the exploration of new oil and gas fields in African countries such as Nigeria, and the increased investments in production in the Americas and the Middle East, are the major factors that will drive the growth of the process control systems market in the oil and gas industry.

Key questions answered in the report include

• What will the market size and the growth rate be in 2021?
• What are the key factors driving the global universal process controllers market?
• What are the key market trends impacting the growth of the global universal process controllers market?
• What are the challenges to market growth?
• Who are the key vendors in the global universal process controllers market?
• What are the market opportunities and threats faced by the vendors in the global universal process controllers market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global universal process controllers market?

Technavio also offers customization on reports based on specific client requirement.

This upcoming research report on the global universal process controllers market offers insights into the major trends and forthcoming drivers influencing the growth of the industrial automation industry. Our reports for the heavy industry also follow a scrupulous data collection methodology and offer an analysis of fast growing market segments like automation.  

By considering the market forecast and size, surging demand for various segments of the automation sector, the market research professionals at Technavio present an all-inclusive picture of the universal process controllers market from 2017 to 2021. Moreover, to achieve higher accuracy, our industry experts implement an extensive research approach of primary and secondary data collection methods and assess the changing demand-supply landscape of the automation sector. Few of the key approaches involved in the in this methodology are detailed vendor briefing, online surveys, and consultation of industry journals and publications.

The upcoming industry research report on the universal process controllers market also categorizes the key drivers, prominent trends, as well as the imminent restraints that the automation sector currently experiences. This upcoming report on the universal process controllers market also presents insights into the rapidly changing competitive landscape to give clients a complete picture of the forthcoming events within the industrial automation industry. Technavio also provides deep-dive market assessments into the sectors such as robotics.

Our market research methodology for the global universal process controllers market

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