Global Turbine Control System Market 2023-2027

Best Price Guarantee	Length	Publisher	Published Date	SKU
from $2,500	185 Pages	TechNavio	August, 2023	INF18180500

Best Price Guarantee
Price	from $2,500
Length	185 Pages
Publisher	TechNavio
Published Date	August, 2023
SKU	INF18180500

Global Turbine Control System Market 2023-2027

The turbine control system market is forecasted to grow by USD 3746.09 mn during 2022-2027, accelerating at a CAGR of 4.05% during the forecast period. The report on the turbine control system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by universal turbine monitoring and control systems enable cross-vendor compatibility, rise in wind energy generation and use, and growing investments in renewable energy sources.

Technavio's turbine control system market is segmented as below:

By Component

Sensors
HMI
Controllers
Software
Others

By Type

Gas turbine control system
Wind turbine control system
Steam turbine control system
Hydro turbine control system

By Geographical Landscape

APAC
North America
Europe
South America
Middle East and Africa

This study identifies the conditional monitoring systems (CMS) with advanced prognostics as one of the prime reasons driving the turbine control system market growth during the next few years. Also, emergence of IoT and development of digital twin technology in wind turbines will lead to sizable demand in the market.

The report on the turbine control system market covers the following areas:

Turbine control system market sizing
Turbine control system market forecast
Turbine control system market industry analysis

The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading turbine control system market vendors that include ABB Ltd., American Superconductor Corp., Baker Hughes Co., Compressor Controls Corp., Emerson Electric Co., General Electric Co., Heinzmann GmbH and Co. KG, Honeywell International Inc., HPI Energy Services LLC, Innoway Future Solutions Pte Ltd., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., Proeon Systems Ltd., Robert Bosch GmbH, Rockwell Automation Inc., Rolls Royce Holdings Plc, Siemens AG, Vestas Wind Systems AS, Woodward Inc., and Solar Turbines Inc.. Also, the turbine control system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Executive Summary
- Market overview
  - Table Executive Summary - Chart on Market Overview
  - Table Executive Summary - Data Table on Market Overview
  - Table Executive Summary - Chart on Global Market Characteristics
  - Table Executive Summary - Chart on Market by Geography
  - Table Executive Summary - Chart on Market Segmentation by Component
  - Table Executive Summary - Chart on Market Segmentation by Type
  - Table Executive Summary - Chart on Incremental Growth
  - Table Executive Summary - Data Table on Incremental Growth
  - Table Executive Summary - Chart on Vendor Market Positioning
Market Landscape
- Market ecosystem
  - Table Parent market
  - Table Market Characteristics
Market Sizing
- Market definition
  - Table Offerings of vendors included in the market definition
- Market segment analysis
  - Table Market segments
- Market size 2022
- Market outlook: Forecast for 2022-2027
  - Table Chart on Global - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Global - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Global Market: Year-over-year growth 2022-2027 (%)
  - Table Data Table on Global Market: Year-over-year growth 2022-2027 (%)
Historic Market Size
- Global turbine control system market 2017 - 2021
  - Table Historic Market Size - Data Table on global turbine control system market 2017 - 2021 ($ million)
- Component Segment Analysis 2017 - 2021
  - Table Historic Market Size - Component Segment 2017 - 2021 ($ million)
- Type Segment Analysis 2017 - 2021
  - Table Historic Market Size - Type Segment 2017 - 2021 ($ million)
- Geography Segment Analysis 2017 - 2021
  - Table Historic Market Size - Geography Segment 2017 - 2021 ($ million)
- Country Segment Analysis 2017 - 2021
  - Table Historic Market Size - Country Segment 2017 - 2021 ($ million)
Five Forces Analysis
- Five forces summary
  - Table Five forces analysis - Comparison between 2022 and 2027
- Bargaining power of buyers
  - Table Chart on Bargaining power of buyers - Impact of key factors 2022 and 2027
- Bargaining power of suppliers
  - Table Bargaining power of suppliers - Impact of key factors in 2022 and 2027
- Threat of new entrants
  - Table Threat of new entrants - Impact of key factors in 2022 and 2027
- Threat of substitutes
  - Table Threat of substitutes - Impact of key factors in 2022 and 2027
- Threat of rivalry
  - Table Threat of rivalry - Impact of key factors in 2022 and 2027
- Market condition
  - Table Chart on Market condition - Five forces 2022 and 2027
Market Segmentation by Component
- Market segments
  - Table Chart on Component - Market share 2022-2027 (%)
  - Table Data Table on Component - Market share 2022-2027 (%)
- Comparison by Component
  - Table Chart on Comparison by Component
  - Table Data Table on Comparison by Component
- Sensors - Market size and forecast 2022-2027
  - Table Chart on Sensors - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Sensors - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Sensors - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Sensors - Year-over-year growth 2022-2027 (%)
- HMI - Market size and forecast 2022-2027
  - Table Chart on HMI - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on HMI - Market size and forecast 2022-2027 ($ million)
  - Table Chart on HMI - Year-over-year growth 2022-2027 (%)
  - Table Data Table on HMI - Year-over-year growth 2022-2027 (%)
- Controllers - Market size and forecast 2022-2027
  - Table Chart on Controllers - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Controllers - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Controllers - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Controllers - Year-over-year growth 2022-2027 (%)
- Software - Market size and forecast 2022-2027
  - Table Chart on Software - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Software - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Software - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Software - Year-over-year growth 2022-2027 (%)
- Others - Market size and forecast 2022-2027
  - Table Chart on Others - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Others - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Others - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Others - Year-over-year growth 2022-2027 (%)
- Market opportunity by Component
  - Table Market opportunity by Component ($ million)
  - Table Data Table on Market opportunity by Component ($ million)
Market Segmentation by Type
- Market segments
  - Table Chart on Type - Market share 2022-2027 (%)
  - Table Data Table on Type - Market share 2022-2027 (%)
- Comparison by Type
  - Table Chart on Comparison by Type
  - Table Data Table on Comparison by Type
- Gas turbine control system - Market size and forecast 2022-2027
  - Table Chart on Gas turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Gas turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Gas turbine control system - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Gas turbine control system - Year-over-year growth 2022-2027 (%)
- Wind turbine control system - Market size and forecast 2022-2027
  - Table Chart on Wind turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Wind turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Wind turbine control system - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Wind turbine control system - Year-over-year growth 2022-2027 (%)
- Steam turbine control system - Market size and forecast 2022-2027
  - Table Chart on Steam turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Steam turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Steam turbine control system - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Steam turbine control system - Year-over-year growth 2022-2027 (%)
- Hydro turbine control system - Market size and forecast 2022-2027
  - Table Chart on Hydro turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Hydro turbine control system - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Hydro turbine control system - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Hydro turbine control system - Year-over-year growth 2022-2027 (%)
- Market opportunity by Type
  - Table Market opportunity by Type ($ million)
  - Table Data Table on Market opportunity by Type ($ million)
Customer Landscape
- Customer landscape overview
  - Table Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
Geographic Landscape
- Geographic segmentation
  - Table Chart on Market share by geography 2022-2027 (%)
  - Table Data Table on Market share by geography 2022-2027 (%)
- Geographic comparison
  - Table Chart on Geographic comparison
  - Table Data Table on Geographic comparison
- APAC - Market size and forecast 2022-2027
  - Table Chart on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on APAC - Market size and forecast 2022-2027 ($ million)
  - Table Chart on APAC - Year-over-year growth 2022-2027 (%)
  - Table Data Table on APAC - Year-over-year growth 2022-2027 (%)
- North America - Market size and forecast 2022-2027
  - Table Chart on North America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on North America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on North America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on North America - Year-over-year growth 2022-2027 (%)
- Europe - Market size and forecast 2022-2027
  - Table Chart on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Europe - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Europe - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Europe - Year-over-year growth 2022-2027 (%)
- South America - Market size and forecast 2022-2027
  - Table Chart on South America - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on South America - Market size and forecast 2022-2027 ($ million)
  - Table Chart on South America - Year-over-year growth 2022-2027 (%)
  - Table Data Table on South America - Year-over-year growth 2022-2027 (%)
- Middle East and Africa - Market size and forecast 2022-2027
  - Table Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)
- China - Market size and forecast 2022-2027
  - Table Chart on China - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on China - Market size and forecast 2022-2027 ($ million)
  - Table Chart on China - Year-over-year growth 2022-2027 (%)
  - Table Data Table on China - Year-over-year growth 2022-2027 (%)
- US - Market size and forecast 2022-2027
  - Table Chart on US - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on US - Market size and forecast 2022-2027 ($ million)
  - Table Chart on US - Year-over-year growth 2022-2027 (%)
  - Table Data Table on US - Year-over-year growth 2022-2027 (%)
- Germany - Market size and forecast 2022-2027
  - Table Chart on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on Germany - Market size and forecast 2022-2027 ($ million)
  - Table Chart on Germany - Year-over-year growth 2022-2027 (%)
  - Table Data Table on Germany - Year-over-year growth 2022-2027 (%)
- India - Market size and forecast 2022-2027
  - Table Chart on India - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on India - Market size and forecast 2022-2027 ($ million)
  - Table Chart on India - Year-over-year growth 2022-2027 (%)
  - Table Data Table on India - Year-over-year growth 2022-2027 (%)
- UK - Market size and forecast 2022-2027
  - Table Chart on UK - Market size and forecast 2022-2027 ($ million)
  - Table Data Table on UK - Market size and forecast 2022-2027 ($ million)
  - Table Chart on UK - Year-over-year growth 2022-2027 (%)
  - Table Data Table on UK - Year-over-year growth 2022-2027 (%)
- Market opportunity by geography
  - Table Market opportunity by geography ($ million)
  - Table Data Tables on Market opportunity by geography ($ million)
Drivers, Challenges, and Trends
- Market drivers
  - Universal turbine monitoring and control systems enable crossvendor compatibility
  - Rise in Wind Energy generation and use
  - Growing Investments in Renewable Energy sources
- Market challenges
  - Limitations in using operational data for reliable wind turbine condition monitoring
  - False alarms cast doubts on reliability of turbine parts
  - Threat of Cyber-attacks
- Impact of drivers and challenges
  - Table Impact of drivers and challenges in 2022 and 2027
- Market trends
  - Conditional Monitoring Systems (CMS) with advanced prognostics
  - Emergence of IoT
  - Development of digital twin technology in wind turbines
Vendor Landscape
- Overview
- Vendor landscape
  - Table Overview on Criticality of inputs and Factors of differentiation
- Landscape disruption
  - Table Overview on factors of disruption
- Industry risks
  - Table Impact of key risks on business
Vendor Analysis
- Vendors covered
  - Table Vendors covered
- Market positioning of vendors
  - Table Matrix on vendor position and classification
- ABB Ltd.
  - Table ABB Ltd. - Overview
  - Table ABB Ltd. - Business segments
  - Table ABB Ltd. - Key offerings
  - Table ABB Ltd. - Segment focus
- American Superconductor Corp.
  - Table American Superconductor Corp. - Overview
  - Table American Superconductor Corp. - Business segments
  - Table American Superconductor Corp. - Key offerings
  - Table American Superconductor Corp. - Segment focus
- Baker Hughes Co.
  - Table Baker Hughes Co. - Overview
  - Table Baker Hughes Co. - Business segments
  - Table Baker Hughes Co. - Key news
  - Table Baker Hughes Co. - Key offerings
  - Table Baker Hughes Co. - Segment focus
- Emerson Electric Co.
  - Table Emerson Electric Co. - Overview
  - Table Emerson Electric Co. - Business segments
  - Table Emerson Electric Co. - Key news
  - Table Emerson Electric Co. - Key offerings
  - Table Emerson Electric Co. - Segment focus
- General Electric Co.
  - Table General Electric Co. - Overview
  - Table General Electric Co. - Business segments
  - Table General Electric Co. - Key news
  - Table General Electric Co. - Key offerings
  - Table General Electric Co. - Segment focus
- Heinzmann GmbH and Co. KG
  - Table Heinzmann GmbH and Co. KG - Overview
  - Table Heinzmann GmbH and Co. KG - Product / Service
  - Table Heinzmann GmbH and Co. KG - Key offerings
- Honeywell International Inc.
  - Table Honeywell International Inc. - Overview
  - Table Honeywell International Inc. - Business segments
  - Table Honeywell International Inc. - Key news
  - Table Honeywell International Inc. - Key offerings
  - Table Honeywell International Inc. - Segment focus
- Kawasaki Heavy Industries Ltd.
  - Table Kawasaki Heavy Industries Ltd. - Overview
  - Table Kawasaki Heavy Industries Ltd. - Business segments
  - Table Kawasaki Heavy Industries Ltd. - Key news
  - Table Kawasaki Heavy Industries Ltd. - Key offerings
  - Table Kawasaki Heavy Industries Ltd. - Segment focus
- Mitsubishi Heavy Industries Ltd.
  - Table Mitsubishi Heavy Industries Ltd. - Overview
  - Table Mitsubishi Heavy Industries Ltd. - Business segments
  - Table Mitsubishi Heavy Industries Ltd. - Key news
  - Table Mitsubishi Heavy Industries Ltd. - Key offerings
  - Table Mitsubishi Heavy Industries Ltd. - Segment focus
- Rockwell Automation Inc.
  - Table Rockwell Automation Inc. - Overview
  - Table Rockwell Automation Inc. - Business segments
  - Table Rockwell Automation Inc. - Key news
  - Table Rockwell Automation Inc. - Key offerings
  - Table Rockwell Automation Inc. - Segment focus
- Rolls Royce Holdings Plc
  - Table Rolls Royce Holdings Plc - Overview
  - Table Rolls Royce Holdings Plc - Business segments
  - Table Rolls Royce Holdings Plc - Key news
  - Table Rolls Royce Holdings Plc - Key offerings
  - Table Rolls Royce Holdings Plc - Segment focus
- Siemens AG
  - Table Siemens AG - Overview
  - Table Siemens AG - Business segments
  - Table Siemens AG - Key news
  - Table Siemens AG - Key offerings
  - Table Siemens AG - Segment focus
- Solar Turbines Inc.
  - Table Solar Turbines Inc. - Overview
  - Table Solar Turbines Inc. - Product / Service
  - Table Solar Turbines Inc. - Key offerings
- Vestas Wind Systems AS
  - Table Vestas Wind Systems AS - Overview
  - Table Vestas Wind Systems AS - Business segments
  - Table Vestas Wind Systems AS - Key news
  - Table Vestas Wind Systems AS - Key offerings
  - Table Vestas Wind Systems AS - Segment focus
- Woodward Inc.
  - Table Woodward Inc. - Overview
  - Table Woodward Inc. - Business segments
  - Table Woodward Inc. - Key news
  - Table Woodward Inc. - Key offerings
  - Table Woodward Inc. - Segment focus
Appendix
- Scope of the report
  - Market definition
  - Objectives
  - Notes and caveats
- Inclusions and exclusions checklist
  - Table Inclusions checklist
  - Table Exclusions checklist
- Currency conversion rates for US$
  - Table Currency conversion rates for US$
- Research methodology
  - Table Research methodology
  - Table Validation techniques employed for market sizing
  - Table Information sources
- List of abbreviations
  - Table List of abbreviations