Turbomachinery Control Systems, Retrofitting & Ancillary Services - Global Market Analysis & Outlook (2018-2023) - ResearchAndMarkets.com
The "Global
Turbomachinery Control Systems, Retrofitting & Ancillary Services Market
- Segmented by Application, Markets Served, and Country - Growth, Trends
and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's
offering.
The abundance of natural gas, coupled with their increasing applications
across various end-use industries, is expected to spur the growth of
global natural gas consumption rate.
The increasing use of natural gas is expected to drive the demand for
turbomachinery, which, in turn, is likely to escalate the need for
turbomachinery control systems market, globally.
However, the increasing growth in the renewable power-based generation
encourages the turbomachinery users to opt alternate energy production
methods, which, in the long-run, reduces the deployment of
turbomachinery, thereby, restraining the growth of the turbomachinery
control systems market.
Highlights
-
Increasing Consumption of Natural Gas Across Various Industries -
Driving the Market
-
Asia-Pacific - Region with the Highest Market Share
-
Growth in Renewable Sector - A Market Restraining Factor
Developments in the Market
-
ABB had announced the acquisition of GE Industrial Solutions, GE's
global electrification solutions business. ABB will acquire GE
Industrial Solutions for USD 2.6 billion; the transaction will be
operationally accretive in the first year. GE Industrial Solutions
will be integrated into Electrification Products (EP) division of ABB,
resulting in a unique global portfolio and very comprehensive offering
for North American and global customers.
Companies Featured
-
ABB Group
-
Emerson Electric Co.
-
General Electric
-
Honeywell Technology Solutions
-
Rockwell Automation Inc.
-
Schneider Electric SE
-
Siemens AG
-
Voith AG
-
Woodward Inc.
-
MAN Diesel & Turbo SE
Key Topics Covered
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/w84sjd/turbomachinery?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20181107005480/en/
Copyright Business Wire 2018
Source: Business Wire
(November 7, 2018 - 7:51 AM EST)
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