MarketResearchNest.com adds “Global Batch Control Systems Market 2017-2021” new report to its research database. The report spread across 97 pages with table and figures in it.
Research analysts forecast the global batch control systems market to grow at a CAGR of 4.31% during the period 2017-2021.
About Batch Control Systems
Batch control systems in process engineering are used to maintain the proper flow of products in a process. Batch control systems are mainly used to ensure that the quality of the process is maintained at any given point. Inclusions in this market are hardware, software, and services (integration and maintenance). Inclusions are DCS-based batch control systems; exclusions are continuous control systems, and PC-based and PLC-based batch control systems. In process engineering, batch control systems are used to ensure the proper flow of products in a process. Batch control systems are mainly used to ascertain that, at any given point, the quality of the process is maintained. Therefore, from the perspective of market sizing, the scope of the market is defined by various inclusions and exclusions that have been considered as described in the table below.
Covered in this report
The report covers the present scenario and the growth prospects of the global batch control systems market for 2017-2021. To calculate the market size, the report considers the retail selling price as the average selling price of the product.
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The market is divided into the following segments based on geography:
Technavio’s report, Global Batch Control Systems Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Technavio recognizes the following companies as the key players in the global batch control systems market: ABB, Emerson, Honeywell International, Rockwell Automation, and Siemens
Other Prominent Vendors in the market are: Applied Control Engineering Corporation, APEC-Automated Process Equipment, HollySys Automation Technologies, and OMRON.
Commenting on the report, an analyst from Research team said: “The latest trend gaining momentum in the market is Adoption of IoT and cloud platforms. The global batch control systems market is growing with the adoption of IoT, real-time monitoring, and cloud platforms. The deployment of IoT in plants in remote locations helps end-users to utilize batch control systems, thus aiding to improve productivity, operational efficiency, and reduce downtime costs. The adoption of IoT in remote monitoring provides great opportunities for industrial operations like processing, packaging, and material handling to improve productivity efficiently. The development in automation technology associated with IoT helps to anticipate failures in advance and saves energy, reduces wastes, and operational cost.
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According to the report, one of the major drivers for this market is Reduction in capital investments. The capital investments required to deploy batch control systems for a critical batch production process is lower compared with that required to deploy other control systems. The development of the latest technology with complete traceability of a product and its components in batch production process enables specialized supervision of the system. In developing economies, the reduction in capital investments, installation, and commissioning services paves the way for the growth in batch control systems.
Further, the report states that one of the major factors hindering the growth of this market is Need for skilled workers for batch production. The shortage of skilled workers is a key challenge for the end-user industries in the market as it affects their ability to maintain and operate batch production and control systems while simultaneously ensuring process safety. The lack of skilled labor is a common challenge faced by the global batch control systems market, especially in the developing economies. Skillful and efficient batch operations in the end-user industries require skilled workers in different production lines; these workers should also have expertise in the latest batch control systems and real-time monitoring. But the number of technical and skillful technologists is low in batch production planning and control.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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