HNY Research projects that the Power Plant Control System market size will grow from USD 4.73 Billion in 2017 to USD 6.64 Billion by 2023, at an estimated CAGR of 5.82%. The base year considered for the study is 2017, and the market size is projected from 2020 to 2023.
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The power plant control system market, by plant type, is segmented into coal, nuclear, hydroelectric, natural gas, oil, and renewable power plants. The renewable segment is estimated to be the fastest growing market for power plant control systems between 2020 and 2023. The renewable segment consists of commercial-scale wind, solar, and biofuel power plants where control systems are mostly installed. This segment is also expected to hold the largest market share owing to the global investment in the renewable energy sector and rise in automation of the renewable energy power plants in Europe, Asia Pacific, and North America.
By Market Players:
ABB , Emerson , GE , Hitachi , Honeywell , Omron , Rockwell , Schneider Electric , Siemens , Toshiba , Yokogawa , Mitsubishi Electric , Endress+Hauser,
Supervisory Control & Data Acquisition (SCADA) , Programmable Logic Controller (PLC) , Distributed Control System (DCS) , Plant Asset Management (PAM) , Plant Lifecycle Management (PLM)
Boiler & Auxiliaries Control , Turbine & Auxiliaries Control System , Generator Excitation & Electrical Control , Others,
Hardware , Software , Services, ,
By Plant Type
Coal , Hydroelectric , Natural Gas , Oil , Nuclear
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Points Covered in The Report:
The points that are discussed within the report are the major market players that are involved in the market such as manufacturers, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. The historical data from 2012 to 2019 and forecast data from 2020 to 2023.
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