The Global Turbine Control Systems Market to 2023 featuring ABB, Emerson Electric, GE, Honeywell, Rockwell, Siemens, and more - ResearchAndMarkets.com
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
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Increasing Deployment of Solar Power Restrains the Market
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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
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ABB Ltd.
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Emerson Electric Co.
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UBE Industries Ltd.
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General Electric Company
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Honeywell International Inc.
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Rockwell Automation
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Siemens AG
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Rolls-Royce Holding PLC
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Kawasaki Heavy Industries Ltd.
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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
View source version on businesswire.com: https://www.businesswire.com/news/home/20180926005415/en/
Copyright Business Wire 2018
Source: Business Wire
(September 26, 2018 - 6:59 AM EDT)
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