Process Simulation and Optimization

Publish Date

The Process Simulation and Optimization market research study delivers current market analysis plus a five year market and technology forecast.  The study is available in multiple editions including worldwide and all regions.

Process Simulation and Optimization Software Supports New Work Processes, Strategic Initiatives

This ARC Advisory Group market research report explores the current state of the Process Simulation & Optimization (PSO) software market, considers future trends that will impact both suppliers and end customers, discusses the market positions of the leading suppliers, and recommends strategies for success.

Today’s low-cost computing resources make process modeling and simulation software much simpler to use, with significant reuse of data run from both private and public data centers.  End users across the process industries currently make extensive use of process simulation software tools from conceptual process design through detailed design and process optimization.  Engineering, Procurement, and Construction (EPC) companies are looking for new revenue streams and turning to equipment optimization in existing plants, thus bridging the gap between design and operations. 

Leaders in the simulation market are focused on easy-to-use models with the ability to create, tune, and visualize with equipment-specific analytics.  Automated creation of engineering deliverables like process flow diagrams, piping and instrument diagrams, and equipment data sheets greatly simplifies the handover between project engineering groups, and ultimately to the owner-operator.

Process Simulation and Optimization Strategic Issues

Process Simulation and Optimization Market TrendsUsers are exhibiting cautious optimism toward investments in process simulation solutions.  To help their cause, suppliers must increase their value proposition to users, answering questions such as:

  • How can suppliers increase their value proposition?
  • How can end customers make an informed purchase decision?
  • Are different strategies required for new installations vs. retrofit?
  • How critical is initial cost in relation to lifecycle cost?

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Process Simulation and Optimization Study Formats

This market study may be purchased as an Excel Workbook and/or as a concise, executive Market Analysis Report PDF File.  The Workbook has some unique features such as five year market history and the ability to select local currency.  Regional studies include country and industry market data.  Studies and formats available are listed below: 

MIRA Workbook Market Analysis PDF
Worldwide (includes regional data) Yes Yes
North America (includes country data) Yes No
Latin America (includes country data) Yes No
Europe, Middle East, Africa (includes country data) Yes No
Asia (includes country data) Yes No

Countries included in each region

Table of contents for these studies is shown in the following paragraphs.

Worldwide Research Focus Areas

Strategic Analysis

  • Major Trends
  • Regional Trends
  • Industry Trends
  • Strategies for Success

Competitive Analysis

  • Market Shares of the Leading Suppliers
  • Market Shares by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Market Shares by Application
    • Simulation
    • Optimization
  • Market Shares by Process Simulation
    • Implementation Services
    • Maintenance Services
    • Process Simulation Software
  • Market Shares by Process Optimization
    • Implementation Services
    • Maintenance Services
    • Process Optimization
  • Market Shares by Industry
    • Cement & Glass
    • Chemical/Petrochemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Market Shares by Customer Tier
  • Market Shares by Sales Channel

Market Forecasts and Histories

  • Total Process Simulation & Optimization Business
  • Shipments by Region
    • North America
    • Europe, Middle East, Africa
    • Asia
    • Latin America
  • Shipments by Application
    • Simulation
    • Optimization
  • Shipments by Process Simulation
    • Implementation Services
    • Maintenance Services
    • Process Simulation Software
  • Shipments by Process Optimization
    • Implementation Services
    • Maintenance Services
    • Process Optimization
  • Shipments by Industry
    • Cement & Glass
    • Chemical/Petrochemical
    • Electric Power Generation
    • Food & Beverage
    • Metals
    • Mining
    • Oil & Gas
    • Pharmaceutical
    • Pulp & Paper
    • Refining
    • Water & Wastewater
  • Shipments by Customer Tier
  • Shipments by Sales Channel

Industry Participants

The research identifies all relevant suppliers serving this market. 

Regional Research Focus Areas

Strategic Analysis

Competitive Analysis

  • Leading Suppliers in Region
  • Industry Shares in Region
  • Country Shares in Region
  • Leading Suppliers by Industry

Market History & Forecast Analysis 

  • Market History & Forecast by Country
  • Market History & Forecast by Industry

Industry Participants

List of countries & currencies included in each region: MIRA-Country

Country Research Focus Areas

Please contact us for the countries available for this study.