DUBLIN, March 26, 2021 / PRNewswire / – The “Global Turbine Control System Market, by Type [Gas Turbine; Steam Turbine; Others], By Action [Speed Control; Load Control; Temperature Control; Pressure Control; Others], With Interest [Sensors; HMI; Controllers; Software; Others] By Region, Competition, Outlook & Opportunities, 2026 ”was added to the report ResearchAndMarkets.com’s offering.
The Global Stand Control System Market stood out USD13.95 billion in 2020 and is expected to grow at a CAGR of over 4% to reach 19.06 billion USD ro 2026.
Expected growth in the market can be driven by rising conventional power generation and increased operating productivity of turbines, which in turn improves the efficiency of power machines.
In addition, the increase in wind power is expected to create better opportunities for the turbine control system market, globally. Gas that is cleaner than coal for power generation is expected to play an important role in disarming the global energy sector, thus providing ample opportunities for the Global Turbine Control System Market in the coming years. future.
Global Turbine Control System Market can be segmented by type, function and component. In terms of type, the market for turbine control system has been divided into gas turbine, steam turbine and others. Of these sectors, the steam turbine control system segment led the market in 2020 with a share of 61.17%, mainly due to increased use of diesel-based, oil-based and coal-fired power generation in developing countries. .
Based on function, the Global Turbine Control System Market is divided into speed control, load control, temperature control, pressure control and others. Among these activities, the speed control division was the largest share in the Global Rotary Control System Market in 2020 and is likely to maintain its dominance for the foreseeable future, with support from ever-increasing worldwide wind generation.
Asia-Pacific he led the Global Turbine Control System Market in 2020 and is expected to account for the majority of the global market during the forecast period as well. There is growth Asia-Pacific The turbine control system market can be largely driven by policy-level support from the governments of emerging countries to spread gas-based power generation.
Also, Asia-Pacific it is expected to be the most energy consuming region in the world. In addition, industrial growth in the region is likely to generate a number of gas-based power generation facilities, which are expected to further stimulate demand for turbine control systems over the period ahead.
Few of the major companies operating in the Global Turbine Control System Market are ABB Ltd., Siemens AG, General Electric Company, The Emerson Electric Co., Woodward, Inc., Rolls-Royce PLC, Rockwell Automation, Inc. ., Honeywell International Inc. ., Heinzmann GmbH & Co. KG and Corporal Superconductor America.
Companies operating in the market are adoption technology and automation technology to enhance efficiency and productivity. As a result, the upgrading of existing facilities may drive the demand for the turbine control system market in the future.
Key Target Audiences:
- Companies associated with electric power generation
- Energy & environmental associations
- Energy efficiency advisors
- Government and research agencies
- State and national regulatory authorities
- Manufacturers of turbine control system
- Manufacturers associations
- Public and private operators of natural gas power stations
- Government bodies such as regulatory authorities and policy makers
- Organizations, forums and alliances related to the turbine control system market
- Market research and consulting firms
Years considered for this report:
- Historical years: 2016-2019
- Basic Year: 2020
- Approximate year: 2021
- Preview time: 2022-2026
Key topics covered:
1. Product preview
2. Research Methodology
3. Executive Minutes
4. The Voice of the Customer
4.1. Factors considered while choosing a provider
4.2. Brand Awareness
4.3. Satisfaction Level
4.4. Gaps of routine use
4.5. Willing to move away from the existing brand
5. Global Turbine Control System Market Outlook
5.1. Market Size & Outlook
5.1.1. With Value
5.2. Market share & forecast
5.2.1. By type [Gas Turbine; Steam Turbine; Others]
5.2.2. By action [Speed Control; Load Control; Temperature Control; Pressure Control; Others ]
5.2.3. With Interest [Sensors; HMI; Controllers; Software; Others]
5.2.4. By area (Asia-Pacific; Europe; North America; South America; Middle East & Africa)
5.2.5. With a Company (2020)
5.3. Product market map
6. Asia-Pacific Rotary Control System Market Outlook
6.1. Market Size & Outlook
6.1.1. With Value
6.2. Market share & forecast
6.2.1. By type
6.2.2. By action
6.2.3. With Interest
6.2.4. According to Country
6.3. Asia-Pacific: Country analysis
6.3.1. China turbine control system market outlook
6.3.2. India turbine control system market outlook
6.3.3. Japan turbine control system market outlook
6.3.4. South Korea turbine control system market outlook
6.3.5. Australian turbine control system market outlook
6.3.6. Singapore turbine control system market outlook
6.3.7. Malaysia turbine control system market outlook
7. North American Rotary Control System Market Outlook
7.1. Market Size & Outlook
7.1.1. With Value
7.2. Market share & forecast
7.2.1. By type
7.2.2. By action
7.2.3. With Interest
7.2.4. According to Country
7.3. North America: Country analysis
7.3.1. United States Turbine Control System Market Outlook
7.3.2. Mexico turbine control system market outlook
7.3.3. Canadian turbine control system market outlook
8. European Turbine Control System Market Outlook
8.1. Market Size & Outlook
8.1.1. With Value
8.2. Market share & forecast
8.2.1. By type
8.2.2. By action
8.2.3. With Interest
8.2.4. According to Country
8.3. Europe: Country analysis
8.3.1. German turbine control system market outlook
8.3.2. French turbine control system market outlook
8.3.3. UK turbine control system market outlook
8.3.4. Italian turbine control system market outlook
8.3.5. Spanish turbine control system market outlook
9. South American Rotary Control System Market Outlook
9.1. Market Size & Outlook
9.1.1. With Value
9.2. Market share & forecast
9.2.1. By type
9.2.2. By action
9.2.3. With Interest
9.2.4. According to Country
9.3. South America: Country analysis
9.3.1. Brazil turbine control system market outlook
9.3.1.1. Market Size & Outlook
9.3.1.1.1. With Value
9.3.1.2. Market share & forecast
9.3.1.2.1. By type
9.3.1.2.2. With Interest
9.3.2. Argentina turbine control system market outlook
9.3.3. Colombia turbine control system market outlook
10. Middle East African Turbine Control System Market Outlook
10.1. Market Size & Outlook
10.1.1. With Value
10.2. Market share & forecast
10.2.1. By type
10.2.2. By action
10.2.3. With Interest
10.2.4. According to Country
10.3. MEA: Country analysis
10.3.1. Saudi Arabia turbine control system market outlook
10.3.2. UAE turbine control system market outlook
10.3.3. Egyptian turbine control system market outlook
10.3.4. Iran turbine control system market outlook
11. Market dynamics
11.1. Drivers
11.2. Challenges
12. Market Trends and Developments
13. Impact of COVID-19 on Global Turbine Control System Market
14. Competitive Landscape
14.1.1 ABB Limited.
14.1.2 Siemens AG
14.1.3 General Electricity Company
14.1.4 Emerson Electric Company
14.1.5 Woodward, Inc.
14.1.6 Rolls-Royce PLC
14.1.7 Rockwell Automation, Inc.
14.1.8 Honeywell International Inc.
14.1.9 Heinzmann GmbH & Co. KG
14.1.10 American Superconductor Corporation
15. Strategic proposals
For more information on this report, visit https://www.researchandmarkets.com/r/53ilpf
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