Module Type Packages (MTP) Market Poised for Strong Performance as Acceptance Grows

Module Type Packages (MTP) is an emerging market in the process industries that originated in Western Europe. It is quickly becoming popular around the world. ARC’s new Automation for Module Type Packages Emerging Market Analysis research identifies the key components of MTP solutions, discusses growth drivers and inhibitors, and provides market sizes and five-year forecasts for major segments.

Module type package is the name of the industry standard for modular architectures in process equipment. MTP itself is not an architecture, but rather a standardized way of describing processes, as well as capabilities and functionality of automation modules, from discrete components up to production skids. The key to MTP is the associated MTP file that accompanies each device and the orchestration software that integrates devices into an existing control architecture, usually based around a DCS.

"Automation and equipment suppliers see MTP as a key emerging market in the process industries. While MTP will drive the demand for certain components and field instruments, the most important issue facing suppliers is to learn how to sell products as part of MTP solutions. This includes supplying MTP files that describe device functionalities and capabilities, and understanding how the assemblies delivered by equipment providers are orchestrated into the grand scheme of a flexible process plant. Modular architectures have clear benefits, but lacking standards have held back the concept ever since ARC first postulated a world of intelligent, modular architectures over 20 years ago. Owing to the leadership of NAMUR, an association of process industry end users, the market got its act together and created an open, accessible standard that will likely have a profound effect on process architectures for the next generation," according to David Humphrey, Research Director and key author of ARC's Automation for Module Type Packages Emerging Market Analysis Research.

News release from ARC Advisory Group, 25/09/2023

Feel free to share