Global Power plant control systems Market to reach USD 11.19 billion by 2027

Global Power plant control systems Market Size study, by Plant Type (Coal, Natural Gas, Oil, Hydroelectric, Nuclear, Renewable), by Solution (SCADA, DCS, Programmable Controllers, Others), by Application (Boiler & Auxiliaries Control, Turbine & Auxiliaries Control, Generator Excitation & Electrical Control, Others) and Regional Forecasts 2021-2027
Product Code:  OIRIGAS_37717236
Chapter 1. Executive Summary 
 1.1. Market Snapshot
 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Million)
 1.2.1. Power Plant Control Systems Market, by region, 2019-2027 (USD Million)
 1.2.2. Power Plant Control Systems Market, by Plant Type, 2019-2027 (USD Million)
 1.2.3. Power Plant Control Systems Market, by Solution, 2019-2027 (USD Million)
 1.2.4. Power Plant Control Systems Market, by Application, 2019-2027 (USD Million)
 1.3. Key Trends
 1.4. Estimation Methodology
 1.5. Research Assumption
 Chapter 2. Global Power Plant Control System Market Definition and Scope 
 2.1. Objective of the Study
 2.2. Market Definition & Scope
 2.2.1. Scope of the Study
 2.2.2. Industry Evolution
 2.3. Years Considered for the Study
 2.4. Currency Conversion Rates
 Chapter 3. Global Power Plant Control System Market Dynamics 
 3.1. Power Plant Control System Market Impact Analysis (2019-2027)
 3.1.1. Market Drivers
 3.1.1.1. Rising trend of decarbonization 
 3.1.1.2. Rising investment in renewable power plants
 3.1.1.3. Increasing global investments in digital grid infrastructures
 3.1.2. Market Restraint
 3.1.2.1. Concerns regarding cyber attacks
 3.1.2.2. Lack of standardization and inter-operability 
 3.1.3. Market Opportunities
 3.1.3.1. New Product developments and research activities
 Chapter 4. Global Power plant control systems market Industry Analysis
 4.1. Porter’s 5 Force Model
 4.1.1. Bargaining Power of Suppliers
 4.1.2. Bargaining Power of Buyers
 4.1.3. Threat of New Entrants
 4.1.4. Threat of Substitutes
 4.1.5. Competitive Rivalry
 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
 4.2. PEST Analysis
 4.2.1. Political 
 4.2.2. Economical
 4.2.3. Social 
 4.2.4. Technological 
 4.3. Top Investment Opportunities
 4.4. Top Winning Strategies
 4.5. Industry Experts Prospective
 4.6. Analyst Recommendation & Conclusion
 Chapter 5. Risk assessment : COVID -19 Impact 
 5.1.  Assessment of the Overall Impact of COVID-19 on the Industry 
 5.2.  Pre COVID-19 and Post COVID-19 Market Scenario
 Chapter 6. Global Power plant control systems market, by Plant Type
 6.1. Market Snapshot 
 6.2. Global Power plant control systems market by Plant Type, Performance - Potential Analysis
 6.3. Global Power plant control systems market Estimates & Forecasts by Plant Type 2018-2027 (USD Million)
 6.4. Power plant control systems market, Sub Segment Analysis
 6.4.1. Coal
 6.4.2. Natural Gas
 6.4.3. Oil
 6.4.4. Hydroelectric
 6.4.5. Nuclear
 6.4.6. Renewable
 Chapter 7. Global Power plant control systems market, by Solution
 7.1. Market Snapshot 
 7.2. Global Power plant control systems market by Solution, Performance - Potential Analysis
 7.3. Global Power plant control systems market Estimates & Forecasts by Solution 2018-2027 (USD Million)
 7.4. Power plant control systems market, Sub Segment Analysis
 7.4.1. SCADA
 7.4.2. DCS
 7.4.3. Programmable Controllers
 7.4.4. Others
 Chapter 8. Global Power plant control systems market, by Application
 8.1. Market Snapshot 
 8.2. Global Power plant control systems market by Application, Performance - Potential Analysis
 8.3. Global Power plant control systems market Estimates & Forecasts by Application 2018-2027 (USD Million)
 8.4. Power plant control systems market, Sub Segment Analysis
 8.4.1. Boiler & Auxiliaries Control
 8.4.2. Turbine & Auxiliaries Control
 8.4.3. Generator Excitation & Electrical Control
 8.4.4. Others
 Chapter 9. Global Power plant control systems market, Regional Analysis
 9.1. Power plant control systems market, Regional Market Snapshot 
 9.2. North America Power Plant Control System Market 
 9.2.1. U.S. Power Plant Control System Market 
 9.2.1.1. Plant Type breakdown estimates & forecasts, 2018-2027
 9.2.1.2. Solution breakdown estimates & forecasts, 2018-2027
 9.2.1.3. Application breakdown estimates & forecasts, 2018-2027
 9.2.2. Canada Power Plant Control System Market 
 9.3. Europe Power plant control systems market Snapshot
 9.3.1. U.K. Power Plant Control System Market 
 9.3.2. Germany Power Plant Control System Market 
 9.3.3. France Power Plant Control System Market 
 9.3.4. Spain Power Plant Control System Market 
 9.3.5. Italy Power Plant Control System Market 
 9.3.6. Rest of Europe Power Plant Control System Market 
 9.4. Asia-Pacific Power plant control systems market Snapshot
 9.4.1. China Power Plant Control System Market 
 9.4.2. India Power Plant Control System Market 
 9.4.3. Japan Power Plant Control System Market 
 9.4.4. Australia Power Plant Control System Market 
 9.4.5. South Korea Power Plant Control System Market 
 9.4.6. Rest of Asia Pacific Power Plant Control System Market 
 9.5. Latin America Power plant control systems market Snapshot
 9.5.1. Brazil Power Plant Control System Market 
 9.5.2. Mexico Power Plant Control System Market 
 9.6. Rest of The World Power Plant Control System Market 
 Chapter 10. Competitive Intelligence
 10.1. Top Market Strategies
 10.2. Company Profiles
 10.2.1. Siemens Energy 
 10.2.1.1. Key Information
 10.2.1.2. Overview
 10.2.1.3. Financial (Subject to Data Availability)
 10.2.1.4. Product Summary
 10.2.1.5. Recent Developments
 10.2.2. ABB 
 10.2.3. Emerson 
 10.2.4. Rockwell 
 10.2.5. GE 
 10.2.6. Schneider Electric 
 10.2.7. Honeywell 
 10.2.8. Mitsubishi Electric 
 10.2.9. Yokogawa Electric Corporation 
 10.2.10. Endress+Hauser 
 
 Chapter 11. Research Solution
 11.1. Research Solution
 11.1.1. Data Mining
 11.1.2. Analysis
 11.1.3. Market Estimation
 11.1.4. Validation
 11.1.5. Publishing
 11.2. Research Attributes
 11.3. Research Assumption

Global Power plant control systems Market is valued at approximately USD 7.05 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 7.54 % over the forecast period 2021-2027. Power plants are currently highly automatic. A control room can control most of the equipment of a thermal power plant. Electrical auxiliaries for grid connection, unit transformers, excitation, generator/unit protection, synchronization, auxiliary transformers, and switchgear are all systems that may be operated from the central control room. These electrical devices were traditionally linked to input/output (I/O) and data-controlled systems (DCS). Increased demand for power around the world, particularly in emerging economies, is expected to boost the Power Plant Control Systems Market’s operating efficiency. Rising trend of decarbonization and increased investments in renewable power plants is fueling the market growth. Electricity is a vital resource for any country’s development. Global energy demand is predicted to grow by 2.11 percent each year until 2040, according to the EIA’s International Energy Outlook. Non-OECD countries like China and India are likely to account for a large portion of the growth. For power generation, these countries rely substantially on fossil fuels. The growing usage of fossil fuels poses a threat to the environment on a regional and global scale. Recognizing this, governments and utilities around the world have declared plans to decarbonize the electricity sector and invest extensively in renewable energy. The annual global investments in power plants data supplied by the IEA reflects this trend of decarbonization and growing investments in renewable power plants. Since 2012, investments in fossil-fuel-based power facilities have been rapidly decreasing. At the same time, global investments in renewable power facilities have overtaken fossil fuel plant investments. Increased investments are being driven by a global commitment to sustainable energy and the adoption of the Paris Climate Agreement by all major governments. Increased investment is predicted to be the primary driver of market expansion. However, Lack of standardization and interoperability in power plant control system solutions may impede market growth over the forecast period of 2021-2027.

The regional analysis of the Global Power plant control systems Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America, and Rest of the World (ROW). North America is the leading region across the world in terms of market share due to Continued investments in fossil fuel power plants in the region. Whereas Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to increasing population, urbanization, and industrialization across the region.

Major market player included in this report are:

Siemens Energy
ABB
Emerson
Rockwell
GE
Schneider Electric
Honeywell
Mitsubishi Electric
Yokogawa Electric Corporation
Endress+Hauser

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Plant Type :
Coal
Natural Gas
Oil
Hydroelectric
Nuclear
Renewable
By Solution:
SCADA
DCS
Programmable Controllers
Others
By Application:
Boiler & Auxiliaries Control
Turbine & Auxiliaries Control
Generator Excitation & Electrical Control
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2017, 2018-19
Base year – 2019-2020
Forecast period – 2021 to 2027.

Target Audience of the Global Power plant control systems Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors


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