1. Market Research
  2. > Manufacturing
  3. > Industrial Equipment Market Trends
  4. > Global TurboMachinery Control Systems and Ancillary Market Outlook to 2020 - Market Analysis by Geography, Application (Turbine Controls, Generator Controls, Compressor Controls and Others), Markets Served (Energy & Power, Oil & Gas Transportation & Autom

The Global turbomachinery control systems market is forecasted to grow from $2.98 billion in 2014 to $4.16 billion in 2020 with a CAGR of 5.73 percent.

Turbomachinery equipment is often a plant's most critical capital investment and forms an important cog in the industry to attain not only efficiency but enhance productivity too. Turbomachinery control systems provide tighter control over the speed of steam, hydro and gas turbines while ensuring over-speed protection. It also offers surge protection for compressors, alarm management capabilities, and load balancing between compressors or generators to allow for the most efficient use of resources. Overall production and plant safety are directly tied to turbomachinery controls performance because unplanned outages or failures incur significant cost in terms of lost production and repair. As a result, Turbomachinery control systems are vital in this process; as they are the central nervous system of a turbine/compressor.

Asia-Pacific is the leading market for Turbomachinery control systems followed by Europe and North America. While Asia-Pacific is the fastest growing market, North America, and Europe markets though mature, are still promising. The Power sector has one of the highest adoption rates of Turbomachinery control systems followed by Chemical industry and Oil & Gas Sector.

Factors like increasing adoption of turbomachinery coupled with the growth of power & chemical industries, growing demand for oil & gas, and inherent advantages of turbomachinery control systems, are some of the factors spurring the market. However, economic fluctuations and currency devaluations and raw material constraints are some of the factors restraining the growth of turbomachinery control systems. Retrofitting market provides an ample opportunity in turbomachinery control systems.

This report extensively analyzes the Global turbomachinery control systems market by segmenting it based on geography, application(Turbine Controls, Generator Controls, Compressor Controls and Others) and by markets served (Energy & Power, Oil & Gas Transportation & Automotive, and others). Key drivers and restraints that are effecting the growth of this market were discussed in detail. The study also elucidates on competitive landscape and key market players.

Table Of Contents

Global TurboMachinery Control Systems and Ancillary Market Outlook to 2020 - Market Analysis by Geography, Application (Turbine Controls, Generator Controls, Compressor Controls and Others), Markets Served (Energy and Power, Oil and Gas Transportation and Autom
1. Executive Summary

2. Research Methodology

3. Market Overview

3.1 Introduction

3.2 Markets Covered

3.3 Key Points Noted

4. Market Dynamics

4.1 Drivers

4.1.1 Increasing Adoption of Turbomachinery coupled with the growth of Power and Chemical Industries

4.1.2 Increasing Demand for Oil and Gas

4.1.3 Advantages of Turbomachinery Control Systems

4.2 Constraints

4.2.1 Economic Fluctuations and Currency Devaluations

4.2.2 Raw Material Fluctuations

4.3 Opportunities

4.3.1 Retrofitting

5. Value Chain Analysis

6. Porter's Five Force Analysis

7. Global Turbomachinery Control Systems Market Segmentation, by Applications

7.1 Turbine Controls

7.2 Generator Controls

7.3 Compressor Controls

7.4 Others

8. Global Turbomachinery Control Systems Market Segmentation, by Markets Served

8.1 Energy and Power

8.2 Oil and Gas

8.3 Transportation and Automotive

8.4 Others

9. Global Turbomachinery Control Systems Market Segmentation, by Geography

9.1 North America

9.2 Asia pacific

9.3 Europe

9.4 Middle East and Africa

9.5 Rest of the World

10. Turbomachinery Control Systems Retrofitting and Other Ancillary Services Market Analysis

11. Key Company Analysis

11.1 Siemens

11.2 Honeywell

11.3 Rockwell Automation

11.4 Voith

11.5 General Electric

11.6 Schneider Electric

11.7 Elliot Group

11.8 Emerson

11.9 Stork

11.10 Turbomachinery Control Solutions LLC

11.11 Technics Systems Solution

12. Competitive Landscape

12.1 Mergers and Acquisitions

12.2 Joint Ventures, Collaborations and Agreements

12.3 Market Share Analysis

13. Appendix

13.1 Contact Us

13.2 Disclaimer

View This Report »

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 24 Million searchable statistics with tables, figures & datasets
  • More than 10,000 trusted sources
24/7 Customer Support

Talk to Ahmad

+1 718 618 4302

Purchase Reports From Reputable Market Research Publishers
Gas Turbine Services Market by Type, Service, End-User, Service Provider, and Region - Global Forecast to 2021

Gas Turbine Services Market by Type, Service, End-User, Service Provider, and Region - Global Forecast to 2021

  • $ 5650
  • Industry report
  • November 2016
  • by MarketsandMarkets

“Gas turbine services market is projected to grow at a CAGR of 4.1% from 2016 to 2021” The gas turbine services market is projected to reach USD 18.45 billion by 2021, growing at a CAGR of 4.1% from ...

Steam Turbine Market Analysis By Capacity (<120 MW, 121-350 MW, 351-750 MW, >750MW), By Application (Power & Utility, Industrial), By Region And Segment Forecasts, 2014 - 2025

Steam Turbine Market Analysis By Capacity (<120 MW, 121-350 MW, 351-750 MW, >750MW), By Application (Power & Utility, Industrial), By Region And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • November 2016
  • by Grand View Research

The global steam turbine market is expected to reach USD 15.48 billion by 2025, according to a new report by Grand View Research, Inc. Steam turbines have been a key part of the global power generation ...

Gas Turbine Market Analysis By Capacity (?200 MW, >200 MW), By Technology (Open Cycle, Combined Cycle),By Application(Power Generation, Industrial, Aviation),Trends & Dynamics, Competitive Landscape, And Segment Forecasts, 2014 - 2025

Gas Turbine Market Analysis By Capacity (?200 MW, >200 MW), By Technology (Open Cycle, Combined Cycle),By Application(Power Generation, Industrial, Aviation),Trends & Dynamics, Competitive Landscape, And Segment Forecasts, 2014 - 2025

  • $ 4950
  • Industry report
  • December 2016
  • by Grand View Research

The global gas turbine market size is expected to reach USD 30.08 billion by 2025, according to a new report by Grand View Research, Inc. The increasing availability of natural gas for power generation, ...

Global Gas Turbine Mro Market

December 2016 $ 4250

ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.