LONDON–(BUSINESS WIRE)–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.
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.
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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
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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.
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