Market Overview:
The global power plant control system market is expected to grow at a CAGR of 6.5% from 2018 to 2030. The market growth is attributed to the increasing demand for electricity and the need for modernization and upgradation of existing power plants. Based on type, the market is segmented into supervisory control and data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), product lifecycle management (PLM), and plant asset management (PAM). SCADA held the largest share in 2017, owing to its ability to monitor, manage, and control various processes in a power plant. Based on application, the market is segmented into boiler and auxiliaries control, turbine and auxiliaries control, generator excitation and electrical control, others. Boiler & auxiliariescontrol heldthelargest share in 2017 due tothe growing demand for thermal energy across various end-use industries. In terms of revenuein2017,. North Americaheld themost significantshareof 36%,followedby Europewith 31%. However,. Asia Pacificis projectedtogrow at themost rapidCAGRof 7%duringthe forecastperiod2018-2030due tobusinessgrowth opportunitiesin countries such as Chinaand India.
Product Definition:
In a power plant, the control system coordinates the activities of all of the plant's subsystems to ensure that the plant produces as much power as possible while meeting all safety and environmental constraints. The control system also monitors and adjusts key operating parameters of the plant in response to changing conditions.
Supervisory Control and Data Acquisition (SCADA):
Supervisory control and data acquisition (SCADA) is a computer network that facilitates communication between devices used to monitor or control a system. It also allows the operator to obtain information from any device connected to the network. SCADA systems are widely used in power plants, manufacturing facilities, oil refineries, water treatment plants and other such critical infrastructures across industries for efficient operations and quality of output.
Programmable Logic Controller (PLC):
Programmable Logic Controller (PLC) is an electronic device that performs a set of instructions according to the data received from the operator. It is used in power plants for automation control system which controls various processes such as fuel switching, boiler temperature regulation, and turbine speed control. The Programmable Logic Controller is also used in process industries such as oil & gas and chemical plants for automation purposes.
Application Insights:
The boiler and auxiliary control segment accounted for the largest revenue share of over 40% in 2017. The demand for these systems is generally higher in developed regions as a result of stringent regulations regarding power safety. Furthermore, boilers are used widely across several applications such as municipal water heating, industrial manufacturing facilities, and natural gas processing plants among others. SCADA systems are also being increasingly adopted by boiler manufacturers to ensure safe operations at high temperatures by monitoring and controlling various process parameters such as fluid levels in steam generators, furnace temperature settings etc.
Generator excitation & electrical control segment is expected to grow at a significant rate over the forecast period owing to its rising adoption across oil & gas refineries along with other industrial facilities that require highly automated plant processes.
Regional Analysis:
The Asia Pacific region is anticipated to witness significant growth over the forecast period owing to the increasing demand for power plants in emerging economies such as China and India. The growing industrialization, rapid urbanization along with rising energy requirements are expected to drive the market in this region. Furthermore, favorable government policies aimed at promoting investments through FDI and Public-Private Partnership (PPP) are also expected to boost regional market growth during the forecast period.
North America accounted for a revenue share of 23% in 2017 on account of presence of numerous manufacturing facilities involved with production of large turbines along with other plant components used across industries including oil & gas, power generation, mining among others. Moreover, technological advancements coupled with implementation of advanced control systems by manufacturers operating within this region is further anticipated to fuel industry expansion over next eight years.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Rapid deployment of smart grids and power plant control systems for improved efficiency
- Growing concerns over energy security and climate change, driving investments in renewable energy sources
- Proliferation of digital technologies that are enabling the development of next-generation control systems
- Emergence of new players in the market with innovative solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Power Plant Control System Market Research Report
By Type
Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Product Lifecycle Management (PLM), Plant Asset Management (PAM)
By Application
Boiler and Auxiliaries Control, Turbine and Auxiliaries Control, Generator Excitation and Electrical Control, Others
By Companies
Benchmarking, ABB, Emerson, GE, Hitachi, Honeywell, Omron, Rockwell, Schneider Electric, Siemens, Benchmarking, Yokogawa, Mitsubishi Electric, Endress+Hauser
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
217
Number of Tables & Figures
152
Customization Available
Yes, the report can be customized as per your need.
Global Power Plant Control System Market Report Segments:
The global Power Plant Control System market is segmented on the basis of:
Types
Supervisory Control and Data Acquisition (SCADA), Programmable Logic Controller (PLC), Distributed Control System (DCS), Product Lifecycle Management (PLM), Plant Asset Management (PAM)
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Boiler and Auxiliaries Control, Turbine and Auxiliaries Control, Generator Excitation and Electrical Control, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Benchmarking
- ABB
- Emerson
- GE
- Hitachi
- Honeywell
- Omron
- Rockwell
- Schneider Electric
- Siemens
- Benchmarking
- Yokogawa
- Mitsubishi Electric
- Endress+Hauser
Highlights of The Power Plant Control System Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Supervisory Control and Data Acquisition (SCADA)
- Programmable Logic Controller (PLC)
- Distributed Control System (DCS)
- Product Lifecycle Management (PLM)
- Plant Asset Management (PAM)
- By Application:
- Boiler and Auxiliaries Control
- Turbine and Auxiliaries Control
- Generator Excitation and Electrical Control
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Power Plant Control System Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A power plant control system (PPCS) is a computerized system used to manage the operations of a power plant. It includes systems for monitoring and controlling the generation, transmission, and distribution of electricity.
Some of the major companies in the power plant control system market are Benchmarking, ABB, Emerson, GE, Hitachi, Honeywell, Omron, Rockwell, Schneider Electric, Siemens, Benchmarking, Yokogawa, Mitsubishi Electric, Endress+Hauser.
The power plant control system market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Power Plant Control System Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Power Plant Control System Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Power Plant Control System Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Power Plant Control System Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Power Plant Control System Market Size & Forecast, 2020-2028
4.5.1 Power Plant Control System Market Size and Y-o-Y Growth
4.5.2 Power Plant Control System Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Supervisory Control and Data Acquisition (SCADA)
5.2.2 Programmable Logic Controller (PLC)
5.2.3 Distributed Control System (DCS)
5.2.4 Product Lifecycle Management (PLM)
5.2.5 Plant Asset Management (PAM)
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Boiler and Auxiliaries Control
6.2.2 Turbine and Auxiliaries Control
6.2.3 Generator Excitation and Electrical Control
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Power Plant Control System Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Power Plant Control System Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Supervisory Control and Data Acquisition (SCADA)
9.6.2 Programmable Logic Controller (PLC)
9.6.3 Distributed Control System (DCS)
9.6.4 Product Lifecycle Management (PLM)
9.6.5 Plant Asset Management (PAM)
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Boiler and Auxiliaries Control
9.10.2 Turbine and Auxiliaries Control
9.10.3 Generator Excitation and Electrical Control
9.10.4 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Supervisory Control and Data Acquisition (SCADA)
10.6.2 Programmable Logic Controller (PLC)
10.6.3 Distributed Control System (DCS)
10.6.4 Product Lifecycle Management (PLM)
10.6.5 Plant Asset Management (PAM)
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Boiler and Auxiliaries Control
10.10.2 Turbine and Auxiliaries Control
10.10.3 Generator Excitation and Electrical Control
10.10.4 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Supervisory Control and Data Acquisition (SCADA)
11.6.2 Programmable Logic Controller (PLC)
11.6.3 Distributed Control System (DCS)
11.6.4 Product Lifecycle Management (PLM)
11.6.5 Plant Asset Management (PAM)
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Boiler and Auxiliaries Control
11.10.2 Turbine and Auxiliaries Control
11.10.3 Generator Excitation and Electrical Control
11.10.4 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Supervisory Control and Data Acquisition (SCADA)
12.6.2 Programmable Logic Controller (PLC)
12.6.3 Distributed Control System (DCS)
12.6.4 Product Lifecycle Management (PLM)
12.6.5 Plant Asset Management (PAM)
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Boiler and Auxiliaries Control
12.10.2 Turbine and Auxiliaries Control
12.10.3 Generator Excitation and Electrical Control
12.10.4 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Supervisory Control and Data Acquisition (SCADA)
13.6.2 Programmable Logic Controller (PLC)
13.6.3 Distributed Control System (DCS)
13.6.4 Product Lifecycle Management (PLM)
13.6.5 Plant Asset Management (PAM)
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Boiler and Auxiliaries Control
13.10.2 Turbine and Auxiliaries Control
13.10.3 Generator Excitation and Electrical Control
13.10.4 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Power Plant Control System Market: Competitive Dashboard
14.2 Global Power Plant Control System Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Benchmarking
14.3.2 ABB
14.3.3 Emerson
14.3.4 GE
14.3.5 Hitachi
14.3.6 Honeywell
14.3.7 Omron
14.3.8 Rockwell
14.3.9 Schneider Electric
14.3.10 Siemens
14.3.11 Benchmarking
14.3.12 Yokogawa
14.3.13 Mitsubishi Electric
14.3.14 Endress+Hauser
