Dec 18, 2017   SOURCE: BusinessWire

Global Batch Control Systems Market - Advanced Automation Systems to Boost Growth | Technavio

Technavio market research analysts forecast the global batch control systems market to grow at a CAGR of more than 4% during the forecast period, according to their latest report.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171218005577/en/

Technavio has published a new market research report on the global batch control systems market 2017 ...

Technavio has published a new market research report on the global batch control systems market 2017-2021 under their industrial automation library. (Graphic: Business Wire)

The market study covers the present scenario and growth prospects of the global batch control systems market for 2017-2021. The report also lists chemical and petrochemical industry; food and beverage industry; water and wastewater industry; and pharmaceutical industry, as the four major end-user segments. The global batch control systems market by the chemical and petrochemical industry accounted for the highest market share of more than 31% in 2016.

This report is available at a USD 1,000 discount for a limited time only: View market snapshot before purchasing

Buy 1 Technavio report and get the second for 50% off. Buy 2 Technavio reports and get the third for free.

Technavio analysts highlight the following three market drivers that are contributing to the growth of the global batch control systems market:

  • Reduction in capital investments
  • Shift from obsolete to advanced automation systems
  • Standards and regulations

Looking for more information on this market? Request a free sample report

Technavio’s sample reports are free of charge and contain multiple sections of the report including the market size and forecast, drivers, challenges, trends, and more.

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 pave the way for growth in batch control systems. The growing investments in chemical and petrochemical, food and beverage, and pharmaceutical industries in developing economies will provide the maximum investments during the forecast period.

“The recent developments in batch control systems involving the integration of cloud storage systems, have gained traction. These systems are sold as a complete package solution. This reduces the cost involved in the installation and commissioning of services, which in turn, helps to reduce the capital investment,” says Raghav Bharadwaj Shivaswamy, a lead analyst at Technavio for automation research.

Shift from obsolete to advanced automation systems

The need to deploy automation systems across industries, such as chemical and petrochemical, food and beverage, and pharmaceutical, and new generation technologies is one of the primary drivers in the global batch control systems market. The deployment of distributed batch automation solutions enables industries and organizations to take fast and predictive maintenance.

The incorporation of automation aids in increasing process efficiency, which is fueling the replacement of old and obsolete manual batch process systems with modern batch control systems. The shift from obsolete to modern batch process systems will drive the adoption of the latest batch control systems in the forecast period.

Standards and regulations

The imposition of standards such as ISA 88 as well as the sharper scrutiny by regulatory bodies has encouraged enterprises to follow automation solutions for batch production. Existing standards and recommended practices by organizations such as the Instrument Society of America (ISA) simplify communications within the systems' architecture. ISA standards like S88.01 provide a common terminology and framework for designing batch control systems. Such standards ensure that the design of batch control systems offers flexibility, which will promote the full utilization of plant capacity.

“Standards and recommended practices by organizations like ISA are used in the process control industries for both the design and specification of batch control systems. Many industry regulatory bodies are mandating technical norms that are designed to reduce carbon dioxide emissions from batch operations in the chemical and petrochemical and water and wastewater industries. Regulatory bodies also work toward preventing contamination of the final product in the food and beverage industries,” says Raghav.

Browse Related Reports:

About Technavio

Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists of more than 10,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

If you are interested in more information, please contact our media team at media@technavio.com.