September 26, 2018 - 6:59 AM EDT
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The Global Turbine Control Systems Market to 2023 featuring ABB, Emerson Electric, GE, Honeywell, Rockwell, Siemens, and more - ResearchAndMarkets.com

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The "Global Turbine Control Systems Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The turbine control systems market is poised to grow in coming years on account of increasing development of gas-fired power plants and surging focus on enhancing the operational efficiency of power generation. As a result, the industrial sector is witnessing increasing focus towards integration of automation and control technologies in its systems.
The natural gas production has witnessed growth in recent years which is expected to drive the gas-based power generation. According to the U.S. Energy Information Administration (EIA), natural gas production in the U.S. has increased from 55 billion cubic feet per day (Bcf/d) in 2008 to average 73.6 Bcf/d in 2017. The market opportunities for turbine control systems emanate from existing installed turbines and upcoming installations.
Gas being a cleaner fuel than coal for power generation is expected to play an important role in decarbonizing the global power sector. This has resulted in ample opportunity for the turbine control systems market. Also, the power industry across the various region is retrofitting its old gas turbine plants with control systems to achieve higher operational efficiency.
Key Mentions
  • Increasing Deployment of Solar Power Restrains the Market
  • Asia-Pacific to Dominate the Turbine Control Systems Market

Major Developments in the Market

  • Emerson released the latest version of the Ovation control module, Ovation OCC 100 which is reliable and innovative control platform for power generation.
Companies Featured
  • ABB Ltd.
  • Emerson Electric Co.
  • UBE Industries Ltd.
  • General Electric Company
  • Honeywell International Inc.
  • Rockwell Automation
  • Siemens AG
  • Rolls-Royce Holding PLC
  • Kawasaki Heavy Industries Ltd.
  • Mita-Teknik

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Turbine Control Systems Market Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Force Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

10. Turbine Control Systems Market Competitive Landscape

11. Future of the Turbine Control Systems Market

For more information about this report visit https://www.researchandmarkets.com/research/jl8qzg/the_global?w=4

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Related Topics: Engineering, Turbines, Industrial Automation


Source: Business Wire (September 26, 2018 - 6:59 AM EDT)

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