Analysis of Southeast Asia and Australia New Zealand Automation and Controls Market for Power Generation
The Southeast Asia (SEA) and Australia-New Zealand (ANZ) automation and controls (ACS) market for power, generated a revenue of $ million in 2013, at a growth rate of % over the previous year.
Distributed control systems (DCS) is the largest segment in the market and contributed % of the total ACS market for power in 2013.
In 2013, the demand for ACS solution has been low, owing to regional reasons such as natural calamities and political instability. 2014 onward, investments in plant projects are set to drive the market for ACS in SEA and ANZ.
Increasing efficiency and optimization of power plants have been the key drivers for the adoption of ACS products in the power generation sector.
The top four market participants are ABB, Yokogawa Electric Corporation, Siemens AG, and Honeywell Process Solutions. Together they held % of the market share in 2013.
Other notable participants are Emerson Process Management, General Electric, and Schneider Electric Rockwell Automation. However these companies specialize only in or product segments for power.
About this report
The scope of the study includes solutions used to facilitate automation controls in the power generation sector. The product scope includes PLC, DCS, SCADA, HMI, MES, and safety systems (emergency shutdown systems, fire and gas systems, burner management systems, high integrity pressure protection system, and turbo-machinery controls). The automation and controls market in Southeast Asia, Australia, and New Zealand is growing because of the rising population and steady GDP growth across this region. Rising demand for energy from all end users and the resulting boom in power generation using alternative energy, fuel the demand for ACS in power generation. Competition from low-cost manufacturers is one of the main restraints.
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