Global Turbomachinery Controls Supply, Demand and Key Producers, 2023-2029
The global Turbomachinery Controls market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).
A mechanical engineering term, “turbomachinery” describes machines that transfer energy between a rotor and a liquid or gas. Turbines and compressors both fall into this category. Turbines use a fast flow of water, air, or gas to generate shaft power; while compressors pressurize substances by transferring energy from the rotor to a fluid or gas. Turbines and compressors often work in conjunction with each other.
Due to the size, expense, and potential hazards of turbomachinery, companies use control systems to monitor and maintain proper function. Staying up-to-date with innovations in turbomachinery controls can help organizations implement effective solutions.
As technology advances and processes evolve, the need for an updated, effective turbomachinery control solution (TCS) is evident. When turbines, compressors, and centrifugal pumps work together efficiently, the potential for danger or equipment damage is minimized. However, when systems are not regularly analyzed, tested, and monitored, even small disruptions can have significant consequences.
This report studies the global Turbomachinery Controls demand, key companies, and key regions.
This report is a detailed and comprehensive analysis of the world market for Turbomachinery Controls, and provides market size (US$ million) and Year-over-Year (YoY) growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Turbomachinery Controls that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Turbomachinery Controls total market, 2018-2029, (USD Million)
Global Turbomachinery Controls total market by region & country, CAGR, 2018-2029, (USD Million)
U.S. VS China: Turbomachinery Controls total market, key domestic companies and share, (USD Million)
Global Turbomachinery Controls revenue by player and market share 2018-2023, (USD Million)
Global Turbomachinery Controls total market by Type, CAGR, 2018-2029, (USD Million)
Global Turbomachinery Controls total market by Application, CAGR, 2018-2029, (USD Million)
This reports profiles major players in the global Turbomachinery Controls market based on the following parameters – company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Schneider Electric, Rockwell Automation, Woodward, Honeywell, Siemens, Emerson Electric, General Electric, ABB Group and Compressor Controls Corporation, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Turbomachinery Controls market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), by player, by regions, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Turbomachinery Controls Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Turbomachinery Controls Market, Segmentation by Type
Compressors Control Solutions
Gas Turbines Control Solutions
Steam Turbines Control Solutions
Hydro Turbine Control Solutions
Global Turbomachinery Controls Market, Segmentation by Application
Power Industry
Oil and Gas Industry
Chemical Industry
Paper Industry
Steel Industry
Others
Companies Profiled:
Schneider Electric
Rockwell Automation
Woodward
Honeywell
Siemens
Emerson Electric
General Electric
ABB Group
Compressor Controls Corporation
Atlas Copco
Ingersoll Rand
Voith AG
Tri-sen Systems Corporation
RTP Corporation
Valmet
LeydenTC
Yokogawa Electric
Statistics & Control, Inc.
HollySys Automation Technologies
Key Questions Answered
1. How big is the global Turbomachinery Controls market?
2. What is the demand of the global Turbomachinery Controls market?
3. What is the year over year growth of the global Turbomachinery Controls market?
4. What is the total value of the global Turbomachinery Controls market?
5. Who are the major players in the global Turbomachinery Controls market?
6. What are the growth factors driving the market demand?