0

Power Plant Control System Market: Current Analysis and Forecast (2019-2027)

Region:Global

Author(s):

Product Code:UMEP21525

Download Sample Report download
Buy the Full ReportStarting from $3999
Published on

November 2021

Total pages

338

Table of Content

Download Sample Report download
Buy the Full ReportStarting from $3999

About the Report

About the Report

Power plant control system caters considerable market presence and expected to have significant market growth in the forecasted period as well. It is mainly owing to rapidly growing power industry, need for power plant instrumentation, rising need for biomass power plant control system, increasing thermal power plant instrumentation, increasing power generation capacities worldwide, implementation of DCS system in power plants, and government initiatives regarding the adoption of industrial automation.

In addition, rising need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or Power Plant Control System Market. Moreover, increase in demand for electricity across the world, majorly in developing nations, is anticipated to fuel the operating efficiency of power plant control systems market. These systems help improve operational efficiency of power plants which is expected to augment the power plant control systems.

Based on plant type, the power plant control system market is segmented into coal, natural gas, hydroelectric, nuclear, oil and renewable. The renewable segment is likely to account for the largest share of the power plant control system market during 2021-2026. The global shift in power generation technology from fossil fuel to renewables in the key markets of Europe, North America, and Asia Pacific is expected to be the major driver for this segment during the forecast period.

Based on application, product the power plant control system market is divided into boilers and auxiliaries control, turbine and auxiliaries control, generator excitation and electrical control and others. Currently, market is dominated by turbine and auxiliaries control. The growing number of installations of wind power plants, especially in Europe and North America, along with continuing coal power plant investments in Asia Pacific, is expected to be the key driving factor for the growth of the turbine & auxiliaries control segment.

Based on component, the market is bifurcated into hardware and software. Recently, the software segment caters considerable market share in the global power plant control system market.

Based on solution, the market is segmented in to supervisory control & data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), plant asset management (PAM) and plant lifecycle management (PLM). The Distributed Control System (DCS) segment is expected to hold larger share during the forecast period due to the increasing number of DCS power plants across the globe.

For a better understanding of the market adoption of power plant control system, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, Rest of North America), Europe (Germany, UK, France, and Rest of Europe), Asia-Pacific (China, India, Australia, Singapore, Rest of APAC), and Rest of World. Asia-Pacific holds the largest market share due to increased power consumption, rising influx of renewable sources in the energy mix, and renovation, modernization, and up gradation of aging power plants in the region.

Some of the major players operating in the market include ABB, Mitsubishi Electric, Siemens, Schneider Electric, Emerson, General Electric, Hitachi, Omron, Rockwell, Toshiba. Several M&A's along with partnerships have been undertaken by these players to boost their presence in different regions.

Products


Companies

ABB, Mitsubishi Electric, Siemens, Schneider Electric, Emerson, General Electric, Hitachi, Omron, Rockwell, Toshiba

Table of Contents

Table of Contents

1 MARKET INTRODUCTION

1.1. Market Definitions

1.2. Limitation

1.3. Stake Holders

1.4. Currency used in Report

2 RESEARCH METHODOLOGY OR ASSUMPTION

2.1. Research Process of the Power Plant Control System Market

2.2. Research Methodology of the Power Plant Control System Market

2.3. Forecasting Method

2.4. Respondent Profile

2.5. Main Objective of the Power Plant Control System Market Study

3 MARKET SYNOPSIS

4 EXECUTIVE SUMMARY

5 GLOBAL POWER PLANT CONTROL SYSTEM MARKET COVID-19 IMPACT

6 GLOBAL POWER PLANT CONTROL SYSTEM MARKET REVENUE (USD BN), 2019-2027F

7 MARKET INSIGHTS BY PLANT TYPE

7.1. Coal

7.2. Natural Gas

7.3. Hydroelectric

7.4. Nuclear

7.5. Oil

7.6. Renewable

8 MARKET INSIGHTS BY APPLICATION

8.1. Boiler & Auxiliaries Control

8.2. Turbine & Auxiliaries Control

8.3. Generator Excitation & Electrical Control

8.4. Others

9 MARKET INSIGHTS BY COMPONENT

9.1. Hardware

9.2. Software

10 MARKET INSIGHTS BY SOLUTION

10.1. Supervisory Control & Data Acquisition (SCADA)

10.2. Programmable Logic Controller (PLC)

10.3. Distributed Control System (DCS)

10.4. Plant Asset Management (PAM)

10.5. Plant Lifecycle Management (PLM)

11 MARKET INSIGHTS BY REGION

11.1. North America Power Plant Control System Market

11.1.1. United States

11.1.2. Canada

11.1.3. Rest of North America

11.2. Europe Power Plant Control System Market

11.2.1. Germany

11.2.2. France

11.2.3. Spain

11.2.4. Italy

11.2.5. United Kingdom

11.2.6. Rest of Europe

11.3. Asia Pacific Power Plant Control System Market

11.3.1. China

11.3.2. India

11.3.3. Australia

11.3.4. Japan

11.3.5. Rest of Asia Pacific

11.4. Rest of World Power Plant Control System Market

12 POWER PLANT CONTROL SYSTEM MARKET DYNAMICS

12.1. Market Drivers

12.2. Market Challenges

12.3. Impact Analysis

13 POWER PLANT CONTROL SYSTEM MARKET OPPORTUNITIES

14 POWER PLANT CONTROL SYSTEM MARKET TRENDS

15 LEGAL & REGULATORY FRAMEWORK

16 DEMAND AND SUPPLY SIDE ANALYSIS

16.1. Demand Side Analysis

16.2. Supply Side Analysis

16.2.1. Top Product Launches

16.2.2. Top Business Partnerships

16.2.3. Top Business Expansions, Investments and Divestitures

16.2.4. Top Merger and Acquisitions

17 VALUE CHAIN ANALYSIS

18 COMPETITIVE SCENARIO

18.1. Competitive Landscape

18.1.1. Company Shares, By Revenue

19 COMPANY PROFILED

19.1. ABB

19.2. Mitsubishi Electric

19.3. Siemens

19.4. Schneider Electric

19.5. Emerson

19.6. General Electric

19.7. Hitachi

19.8. Omron

19.9. Rockwell

19.10. Toshiba

20 DISCLAIMER

You can also purchase parts of this report.
Do you want to check out a section wise price list?
Get Price Break-up

Why Buy From US?

RRR
Refine Robust Result (RRR) Framework

What makes us stand out is that our consultants follows Robust, Refine and Result (RRR) methodology. i.e. Robust for clear definitions, approaches and sanity checking, Refine for differentiating respondents facts and opinions and Result for presenting data with story

reach
Our Reach Is Unmatched

We have set a benchmark in the industry by offering our clients with syndicated and customized market research reports featuring coverage of entire market as well as meticulous research and analyst insights.

Research
Shifting the Research Paradigm

While we don't replace traditional research, we flip the method upside down. Our dual approach of Top Bottom & Bottom Top ensures quality deliverable by not just verifying company fundamentals but also looking at the sector and macroeconomic factors.

Insite
More Insights-Better Decisions

With one step in the future, our research team constantly tries to show you the bigger picture. We help with some of the tough questions you may encounter along the way: How is the industry positioned? Best marketing channel? KPI's of competitors? By aligning every element, we help maximize success.

Trust
Transparency and Trust

Our report gives you instant access to the answers and sources that other companies might choose to hide. We elaborate each steps of research methodology we have used and showcase you the sample size to earn your trust.

support
Round the Clock Support

If you need any support, we are here! We pride ourselves on universe strength, data quality, and quick, friendly, and professional service.

Why Client Choose Us?

400000+ Reports in repository
150+ Consulting project a year
100+ Analysts
8000+ Client Queries in 2022