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Integration of Global Universal Process Controllers With Control System Market To Set At CAGR Of 5.90% during the period 2017-2021

Press Release   •   Aug 02, 2017 06:10 EDT

About Universal Process Controllers

Universal process controllers monitor and control different process variables, parameters, and initiate controller functions based on measurements. They receive sensor inputs, provide control functions, and output control signals. Process automation and instrumentation is a necessity for industrial manufacturing, as it helps in optimizing business outcomes. It aids in effectively controlling and monitoring the industrial production process by minimizing downtimes of a plant. The global process automation and instrumentation market has a significant growth potential from the developing countries such as China, India, Indonesia, Brazil, Argentina, and Mexico. The increase in business competition among competitive organizations and companies has led to growth in the global process automation and instrumentation market.

Technavios analysts forecast the global universal process controllers market to grow at a

CAGR of 5.90% during the period 2017-2021.

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Covered in this report
The report covers the present scenario and the growth prospects of the global universal process controllers market for 2017-2021. To calculate the market size, the report considers the sales market.
The market is divided into the following segments based on geography:

Americas

APAC

EMEA

Technavio's report, Global Universal Process Controllers 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.
Key vendors

ABB

Brkert

JUMO

OMEGA Engineering

Sisel Engineering

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Other prominent vendors

Arthur J. Gallagher

Atrium

Beazley

Chubb

Gard

Mitsui Sumitomo Insurance

Munich Re

Peoples Insurance Agency

Samsung Fire & Marine Insurance

Sompo Japan Nipponkoa Insurance

Swiss Re Group

Thomas Miller

Tokio Marine Holdings

XL Group

Zurich Insurance Group

Market driver

Integration of UPCs with control system

For a full, detailed list, view our report

Market challenge

Adoption of low cost individual process controllers over UPCs

For a full, detailed list, view our report

Market trend

Miniaturization of UPCs

For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2021 and what will the growth rate be?

What are the key market trends?

What is driving this market?

What are the challenges to market growth?

Who are the key vendors in this market space?

What are the market opportunities and threats faced by the key vendors?

What are the strengths and weaknesses of the key vendors?

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