published Date SEP 2018

Turbine Control Systems Market Segmentation by Type, by Function, by Component, and by Geography

Surging development of gas-based power infrastructure and growing industrialization are the major factors boosting the global turbine control systems market

September, 2018: The turbine control system has gained importance in recent years due to the increasing requirement to match the flexible demand for electricity supply. The turbine control system supports the complex technologies to offer the highest operational flexibility for the entire power plant, while boosting power and efficiency. The importance of control systems in turbines can be understood by the fact that globally, the turbine manufacturers have established partnerships with turbine control solution providers, to gain a competitive advantage in the industry.

The gas-based power generation is receiving huge impetus due to benefits associated with the same. As the carbon dioxide emissions across the world stood at 33.44 billion tons in the year 2017, the requirement of cleaner sources of energy, such as gas-fired power plants, are gaining importance. The gas-based power plants emit very less amount of greenhouse gases, which is very high, in case of coal-fired power plants. Moreover, the demand for peak power is increasing globally, which can be most effectively met by gas-based power generation. The retrofitting of old gas turbine plants is also expected to increase, which improves its overall performance. Thus, the surge in gas-based power infrastructure is anticipated to promulgate the turbine control systems market in the coming years, across the world.

Globally, the governments have formulated policies to promulgate the clean energy technologies. Moreover, the technological advancements about clean energy have sufficed the deployment of clean energy systems. The cost of a solar PV panel was 73% between 2010 and 2017, on account of technological development and economies of scale, and the current total solar capacity is 5.46 times, of what it was in 2011. The environmental concerns have led to curtailment of coal-based power generation in a few countries, and solar power generation is replacing it. Therefore, the surge in solar power infrastructure is posing a huge challenge for the turbine control systems market.

Globally, the focus has increased on inculcating sophistication in the industrial sector, by the implementation of the latest automation and control technologies. The market opportunities for turbine control systems emanate from existing installed turbines and upcoming installations.

The report Turbine Control Systems Market Segmentation by Type, by Function, by Component, and by Geographyis now available, and can be purchased directly at:

https://www.mordorintelligence.com/industry-reports/turbine-control-systems-market

Key Insights from the Report:

  • Asia-Pacific is anticipated to account for the highest share in the market for turbine control systems. The high rate of industrialization, coupled with the development of gas-based power generation infrastructure, are the key factors contributing to the market growth in the region.
  • The turbine control systems market is fragmented in nature, owing to the presence of large number of manufacturers. Key players in the market include 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, and others.

Turbine Control Systems market segmentation based on type, function, component, and regional coverage,

Turbine Control Systems Market, by Type:

  • Steam Turbine Control Systems
  • Gas Turbine Control Systems
  • Other Types

Turbine Control Systems Market, by Function:

  • Speed Control
  • Temperature Control
  • Load Control
  • Pressure Control
  • Other Functions

Turbine Control Systems Market, by Component:

  • Software
  • Controller
  • Sensors
  • HMI
  • Other Components

Turbine Control Systems Market, by Region:

North America

  • United States
  • Canada
  • Rest of North America

Europe

  • United Kingdom
  • Germany
  • France
  • Italy
  • Russia
  • Rest of Europe

Asia-Pacific

  • China
  • India
  • Japan
  • South Korea
  • Australia
  • Indonesia
  • Philippines
  • Rest of Asia-Pacific

Middle East & Africa  

  • Saudi Arabia
  • United Arab Emirates
  • Iran
  • Egypt
  • South Africa
  • Rest of Middle East & Africa

South America           

  • Brazil
  • Argentina
  • Rest of South America

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