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Strategic acquisitions by market players will also influence the market positively. For instance, in August 2020, Schneider Electric partnered with Temasek to acquire Larsen and Toubro's Electrical and Automation business division. Schneider owns a 65% share of the acquired business sector and the rest by Temasek. This acquisition is aimed to strengthen low-voltage offerings and the industrial automation business and to help Schneider Electric to grow in the Middle East, Africa, and East Asia as L&T offers strong R&D and engineering capabilities. Furthermore, the rising adoption of digital solutions such as IoT and predictive maintenance will open up new growth opportunities for the market in future years. However, concerns regarding cyberattacks and lack of standardization in solutions may hamper the market growth.
The Asia Pacific is expected to emerge as the fastest growing region in the global power plant control market, with China significantly contributing to its growth. Growing investments in fossil fuel power plants and renewable power plants in the region are anticipated to drive the market growth.
Major market player included in this report are:
Siemens Energy
ABB
Emerson
Rockwell
GE
Schneider Electric
Honeywell
Mitsubishi Electric
Yokogawa Electric Corporation
Endress+Hauser
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Type offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Plant Type:
Coal
Natural Gas
Oil
Hydroelectric
Nuclear
Renewable
By Solution:
SCADA
DCS
Programmable Controllers
Others
By Application:
Boiler & Auxiliaries Control
Turbine & Auxiliaries Control
Generator Excitation & Electrical Control
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year –2020
Forecast period – 2021 to 2027.
Target Audience of the Global Power Plant Control System Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. Power Plant Control System Market, by Region, 2019-2027 (USD Billion)
1.2.2. Power Plant Control System Market, by Plant Type, 2019-2027 (USD Billion)
1.2.3. Power Plant Control System Market, by Solution, 2019-2027 (USD Billion)
1.2.4. Power Plant Control System Market, by Application, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Power Plant Control System Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Power Plant Control System Market Dynamics
3.1. Power Plant Control System Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Growing need for zero downtime power supply
3.1.1.2. Various advantages of rotary UPS
3.1.2. Market Challenges
3.1.2.1. Concerns regarding cyberattacks
3.1.2.2. Lack of standardization
3.1.3. Market Opportunities
3.1.3.1. Rising adoption of digital solution such as IoT
Chapter 4. Global Power Plant Control System Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Power Plant Control System Market, by Plant Type
5.1. Market Snapshot
5.2. Global Power Plant Control System Market by Plant Type, Performance - Potential Analysis
5.3. Global Power Plant Control System Market Estimates & Forecasts by Plant Type 2018-2027 (USD Billion)
5.4. Power Plant Control System Market, Sub Segment Analysis
5.4.1. Coal
5.4.2. Natural Gas
5.4.3. Oil
5.4.4. Hydroelectric
5.4.5. Nuclear
5.4.6. Renewable
Chapter 6. Global Power Plant Control System Market, by Solution
6.1. Market Snapshot
6.2. Global Power Plant Control System Market by Solution, Performance - Potential Analysis
6.3. Global Power Plant Control System Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)
6.4. Power Plant Control System Market, Sub Segment Analysis
6.4.1. SCADA
6.4.2. DCS
6.4.3. Programmable Controllers
6.4.4. Others
Chapter 7. Global Power Plant Control System Market, by Application
7.1. Market Snapshot
7.2. Global Power Plant Control System Market by Application, Performance - Potential Analysis
7.3. Global Power Plant Control System Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
7.4. Power Plant Control System Market, Sub Segment Analysis
7.4.1. Boiler & Auxiliaries Control
7.4.2. Turbine & Auxiliaries Control
7.4.3. Generator Excitation & Electrical Control
7.4.4. Others
Chapter 8. Global Power Plant Control System Market, Regional Analysis
8.1. Power Plant Control System Market, Regional Market Snapshot
8.2. North America Power Plant Control System Market
8.2.1. U.S. Power Plant Control System Market
8.2.1.1. Plant Type breakdown estimates & forecasts, 2018-2027
8.2.1.2. Solution breakdown estimates & forecasts, 2018-2027
8.2.1.3. Application breakdown estimates & forecasts, 2018-2027
8.2.2. Canada Power Plant Control System Market
8.3. Europe Power Plant Control System Market Snapshot
8.3.1. U.K. Power Plant Control System Market
8.3.2. Germany Power Plant Control System Market
8.3.3. France Power Plant Control System Market
8.3.4. Spain Power Plant Control System Market
8.3.5. Italy Power Plant Control System Market
8.3.6. Rest of Europe Power Plant Control System Market
8.4. Asia-Pacific Power Plant Control System Market Snapshot
8.4.1. China Power Plant Control System Market
8.4.2. India Power Plant Control System Market
8.4.3. Japan Power Plant Control System Market
8.4.4. Australia Power Plant Control System Market
8.4.5. South Korea Power Plant Control System Market
8.4.6. Rest of Asia Pacific Power Plant Control System Market
8.5. Latin America Power Plant Control System Market Snapshot
8.5.1. Brazil Power Plant Control System Market
8.5.2. Mexico Power Plant Control System Market
8.6. Rest of The World Power Plant Control System Market
Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1. Siemens Energy
9.2.1.1. Key Information
9.2.1.2. Overview
9.2.1.3. Financial (Subject to Data Availability)
9.2.1.4. Product Summary
9.2.1.5. Recent Developments
9.2.2. ABB
9.2.3. Emerson
9.2.4. Rockwell
9.2.5. GE
9.2.6. Schneider Electric
9.2.7. Honeywell
9.2.8. Mitsubishi Electric
9.2.9. Yokogawa Electric Corporation
9.2.10. Endress+Hauser
Chapter 10. Research Process
10.1. Research Process
10.1.1. Data Mining
10.1.2. Analysis
10.1.3. Market Estimation
10.1.4. Validation
10.1.5. Publishing
10.2. Research Attributes
10.3. Research Assumption
TABLE 1. Global Power Plant Control System Market, report scope
TABLE 2. Global Power Plant Control System Market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global Power Plant Control System Market estimates & forecasts by Plant Type 2018-2027 (USD Billion)
TABLE 4. Global Power Plant Control System Market estimates & forecasts by Solution 2018-2027 (USD Billion)
TABLE 5. Global Power Plant Control System Market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 6. Global Power Plant Control System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 7. Global Power Plant Control System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global Power Plant Control System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global Power Plant Control System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global Power Plant Control System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global Power Plant Control System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global Power Plant Control System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global Power Plant Control System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global Power Plant Control System Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global Power Plant Control System Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. U.S. Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. U.S. Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 18. U.S. Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 19. Canada Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 20. Canada Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 21. Canada Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. UK Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 23. UK Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 24. UK Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. Germany Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 26. Germany Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 27. Germany Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. RoE Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 29. RoE Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 30. RoE Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. China Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 32. China Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 33. China Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. India Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 35. India Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 36. India Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. Japan Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 38. Japan Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 39. Japan Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. RoAPAC Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 41. RoAPAC Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 42. RoAPAC Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. Brazil Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 44. Brazil Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 45. Brazil Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. Mexico Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 47. Mexico Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 48. Mexico Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. RoLA Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 50. RoLA Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 51. RoLA Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. Row Power Plant Control System Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 53. Row Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 54. Row Power Plant Control System Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. List of secondary sources, used in the study of global Power Plant Control System Market
TABLE 56. List of primary sources, used in the study of global Power Plant Control System Market
TABLE 57. Years considered for the study
TABLE 58. Exchange rates considered
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