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Turbine Control System Market by Component (Sensors, HMI, Controllers, Software), Type (Steam, Gas), Function (Speed Control, Load Control, Temperature Control, Pressure Control), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2023

Turbine Control System Market by Component (Sensors, HMI, Controllers, Software), Type (Steam, Gas), Function (Speed Control, Load Control, Temperature Control, Pressure Control), and Region (Asia Pacific, North America, Europe) - Global Forecast to 2023

“The turbine control system market is projected to grow at a CAGR of 4.66%, from 2018 to 2023”
The global turbine control system market is estimated at USD 15.13 billion in 2018 and is projected to grow at a CAGR of 4.66% to reach USD 19.00 billion by 2023. The global market is likely to grow significantly due to increasing conventional power generation in developed countries and due to the demand for the operational productivity of turbines. Although some cost bearing constraints in the installation of turbine control systems are being observed, increase in wind power generation is expected to create better opportunities for the turbine control system market. Depleting fossil reserves are expected to be major challenges for the growth in the turbine control system market.

“The steam turbine control system segment is expected to have the largest market share by 2023”
With regards to the type segment, the steam turbine control system segment is expected to constitute the largest market by 2023. The increasing capacity of coal-based thermal power plants in Asia Pacific, and a large share of diesel-based, and oil-based power generation is driving the market for a steam turbine control system in the turbine control system market.

“North America: The fastest growing market for turbine control system”
North America is expected to be the fastest growing market for turbine control systems from 2018 to 2023. This region is undergoing various project development to maintain the demand-supply balance. The US, which is one of the largest revenue contributors to the region. The country is expected to develop innovative technologies for advanced gas turbine components. Increase in investment and continue governmental investments in the economic and infrastructure growth are expected to boost the turbine control systems market in the region

Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information, as well as to assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 35%, Tier 2- 45%, Tier 3- 20%
By Designation: C–Level- 35%, Director Level- 25%, Others- 40%
By Region: North America-45%, Europe-20%, Asia Pacific-30%, RoW-5%
Note: Others includes sales managers, product managers, and design engineers

The tier of the company has been defined on the basis of its total revenue, as of 2013: Tier 1 = > USD 1 billion, Tier 2 = From USD 1 billion to USD 500 million, and Tier 3 = < USD 500 million

Some of the prominent players in the power quality equipment market include GE (US), Siemens (Germany), ABB (Switzerland), Emerson (US), and Rockwell (US).

Research Coverage:
The report defines, describes, and forecasts the global turbine control system market by type, components, functions, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report provides a comprehensive review of the major market drivers, restraints, opportunities, challenges, winning imperatives, and key issues. It also covers various important aspects of the market.
Why buy this report?
1. The report identifies and addresses key markets for turbine control system, which would help suppliers review the growth in the demand for the product.
2. The report helps components providers understand the pulse of the market, and provide insights into drivers, restraints, and challenges.
3. The report will help key players understand the strategies of their competitors better and will help in making strategic decisions.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • DEFINITION
    • MARKET SCOPE
      • MARKET SEGMENTATION
      • REGIONAL SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • MARKET BREAKDOWN & DATA TRIANGULATION
    • RESEARCH ASSUMPTIONS
  • EXECUTIVE SUMMARY
    • Table TURBINE CONTROL SYSTEM MARKET SNAPSHOT
  • PREMIUM INSIGHTS
    • ATTRACTIVE OPPORTUNITIES IN THE TURBINE CONTROL SYSTEM MARKET
    • TURBINE CONTROL SYSTEM MARKET, BY TYPE
    • TURBINE CONTROL SYSTEM MARKET, BY FUNCTION
    • TURBINE CONTROL SYSTEM MARKET, BY COMPONENT
    • ASIA PACIFIC TURBINE CONTROL SYSTEM MARKET, BY COUNTRY AND BY TYPE
  • MARKET OVERVIEW
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
  • TURBINE CONTROL MARKET, BY COMPONENT
    • INTRODUCTION
      • Table TURBINE CONTROL SYSTEM MARKET, BY COMPONENT, 2016-2023 (USD MILLION)
    • SOFTWARE
      • Table SOFTWARE: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • CONTROLLER
      • Table CONTROLLER: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SENSORS
      • Table SENSORS: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • HMI
      • Table HMI: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • TURBINE CONTROL MARKET, BY FUNCTION
    • INTRODUCTION
      • Table TURBINE CONTROL SYSTEM MARKET, BY FUNCTION, 2016-2023 (USD MILLION)
    • SPEED CONTROL
      • Table SPEED CONTROL: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TEMPERATURE CONTROL
      • Table TEMPERATURE CONTROL: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • LOAD CONTROL
      • Table LOAD CONTROL: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • PRESSURE CONTROL
      • Table PRESSURE CONTROL: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • TURBINE CONTROL MARKET, BY TYPE
    • INTRODUCTION
      • Table TURBINE CONTROL SYSTEM MARKET, BY TYPE, 2016-2023 (USD MILLION)
    • STEAM TURBINE CONTROL SYSTEM
      • Table STEAM TURBINE CONTROL SYSTEM: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • GAS TURBINE CONTROL SYSTEM
      • Table GAS TURBINE CONTROL SYSTEM: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • TURBINE CONTROL SYSTEM MARKET, BY REGION
    • INTRODUCTION
      • Table TURBINE CONTROL SYSTEM MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • BY COMPONENT
        • Table NORTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • BY FUNCTION
        • Table NORTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY FUNCTION, 2016-2023 (USD MILLION)
      • BY TYPE
        • Table NORTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table NORTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table US: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPES, 2016-2023 (USD MILLION)
        • Table CANADA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table MEXICO: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • BY COMPONENT
        • Table ASIA PACIFIC: TURBINE CONTROL SYSTEM MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • BY FUNCTION
        • Table ASIA PACIFIC: TURBINE CONTROL SYSTEM MARKET SIZE, BY FUNCTION, 2016-2023 (USD MILLION)
      • BY TYPE
        • Table ASIA PACIFIC: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table ASIA PACIFIC: TURBINE CONTROL SYSTEM MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table CHINA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table INDIA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table JAPAN: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table AUSTRALIA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table SOUTH KOREA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table INDONESIA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table PHILLIPPINES: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table MALAYSIA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF ASIA PACIFIC: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • EUROPE
      • BY COMPONENT
        • Table EUROPE: TURBINE CONTROL SYSTEM MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • BY FUNCTION
        • Table EUROPE: TURBINE CONTROL SYSTEM MARKET SIZE, BY FUNCTION, 2016-2023 (USD MILLION)
      • BY TYPE
        • Table EUROPE: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table EUROPE: TURBINE CONTROL SYSTEM MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table GERMANY: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table FRANCE: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table UK: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table RUSSIA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table ITALY: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF EUROPE: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • SOUTH AMERICA
      • BY COMPONENT
        • Table SOUTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • BY FUNCTION
        • Table SOUTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY FUNCTION, 2016-2023 (USD MILLION)
      • BY TYPE
        • Table SOUTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table SOUTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table BRAZIL: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table ARGENTINA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF SOUTH AMERICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
    • MIDDLE EAST & AFRICA
      • BY COMPONENT
        • Table MIDDLE EAST & AFRICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY COMPONENT, 2016-2023 (USD MILLION)
      • BY FUNCTION
        • Table MIDDLE EAST & AFRICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY FUNCTION, 2016-2023 (USD MILLION)
      • BY TYPE
        • Table MIDDLE EAST & AFRICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
      • BY COUNTRY
        • Table MIDDLE EAST & AFRICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
        • Table SAUDI ARABIA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table UAE: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table SOUTH AFRICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table QATAR: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
        • Table REST OF MIDDLE EAST & AFRICA: TURBINE CONTROL SYSTEM MARKET SIZE, BY TYPE, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • RANKING OF PLAYERS & INDUSTRY CONCENTRATION, 2017
    • COMPETITIVE SCENARIO
      • Table SIEMENS, THE MOST ACTIVE PLAYER IN THE MARKET, 2014-2017
      • CONTRACTS & AGREEMENTS
      • NEW PRODUCT LAUNCHES
      • INVESTMENTS & EXPANSIONS
      • OTHERS
  • COMPANY PROFILE
    • BENCHMARKING
    • ABB
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • AMSC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • CCC
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • EMERSON
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • GE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HEINZMANN
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • HONEYWELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • HPI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KAWASAKI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • MITA-TEKNIK
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
    • ROCKWELL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • ROLLS ROYCE
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • SIEMENS
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TURBINE CONTROL
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
    • WOODWARD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
  • APPENDIX
    • INSIGHTS OF INDUSTRY EXPERTS
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • RELATED REPORTS
    • AUTHOR DETAILS

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