India power plant control system
market is expected to grow at a robust rate over the next five years. The
market growth can be attributed to an enhanced focus on alternative energy
production and the growing installation of power plant control systems in the
country. Besides, the rising influx of renewable sources in the energy mix,
increased power consumption, and government initiatives toward the adoption of
industrial automation are propelling the growth of India power plant control
system market. Additionally, the rising need for critical power applications
and increasing data center investments are anticipated to fuel the growth of
India power plant control system market. Rapid digitalization and adoption of
digital solutions such as IIoT, digital twin, and predictive maintenance are
anticipated to fuel India power plant control system market. The rising trend
of decarbonization and increased investments in renewable power plants are
contributing to the growth of India power plant control system market. Major
macroeconomic factors such as increasing urbanization and industrialization
coupled with steady economic growth in the country are leading to the greater
need for electricity consumption, which are anticipated to propel India plant
control system market in the coming years.
India power control system market is
segmented on the basis of component, solution, application, plant type,
company, and geography. Based on component, the market is further divided into
hardware, software, and services. Based on the solution, the market is further
divided into Supervisory Control & Data Acquisition (SCADA), Plant Asset
Management (PAM), Distributed Control System (DCS), Programmable Logic
Controller (PLC) and Plant Lifecycle Management (PLM). Based on
application, the market is segmented as Boiler & Auxiliaries Control,
Generator Excitation & Electrical Control, Turbine & Auxiliaries
Control System, and others. The generator excitation & electrical control
segment is expected to hold the largest market share during the forecast
period. Based on the plant type, the market is further fragmented into coal,
oil, renewables, natural gas, nuclear, hydroelectric, and others.
Some of the leading players in the
India Power Plant Control System market are Siemens, Toshiba, Mitsubishi
Electric, Benchmarking, Emerson, ABB, GE, Hitachi, Rockwell, Honeywell, etc.
Objective of the Study:
·
To analyse and forecast the market size of India power plant control
system, in terms of value.
·
To classify and forecast India power plant control system based on component,
solution, application, plant type and regional distribution.
·
To identify drivers and challenges for India power plant control system.
·
To examine competitive developments such as expansions, new product
launches, mergers & acquisitions, etc., in India power plant control system.
·
To conduct the pricing analysis for power plant control system.
·
To identify and analyse the profile of leading players involved in the
manufacturing of India power plant control system.
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TechSci Research performed both primary as well as
exhaustive secondary research for this study. Initially, TechSci Research
sourced a list of collaboration manufacturers across India. Subsequently,
TechSci Research conducted primary research surveys with the identified
companies. While interviewing, the respondents were also enquired about their
competitors. Through this technique, TechSci Research could include the manufacturer
which could not be identified due to the limitations of secondary research.
TechSci Research analysed the service offerings, distribution channels and
presence of all major collaboration manufacturer across the India.
TechSci
Research calculated the market size of India Power Plant Control
System using a bottom-up approach, where data
for various end user industries and its application across various product
types were recorded and forecast for the future years. TechSci Research sourced
these values from the industry experts and company representatives and
externally validated through analysing historical data of these product types
and applications for getting an appropriate, overall market size. Various
secondary sources such as company website, news articles, press releases,
company annual reports, investor presentations and financial reports were also
used by TechSci Research.
Key Target
Audience:
- Manufacturers
- Power
plant project developers
- Companies
related to electric power generation
- Energy
efficiency consultants
- End
Users
- Research
organizations and consulting companies
- Research
Institutes
- Industry
associations
- Market
research and consulting firm.
The study is useful in providing answers to several critical
questions that are important for the industry stakeholders such as collaboration
manufacturer, distributors and partners, end users, etc., besides allowing them
in strategizing investments and capitalizing on market opportunities.
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Attribute
|
Details
|
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Base Year
|
2022
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Historical Data
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2018 – 2021
|
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Estimated Year
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2023
|
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Forecast Period
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2024 – 2028
|
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Quantitative Units
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Revenue in USD Million and CAGR for
2018- 2022 and 2023E-2028F
|
|
Report coverage
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Revenue forecast, company share,
competitive landscape, growth factors, and trends
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|
Segments covered
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·
Component
·
Solution
·
Application
·
Plant Type
|
|
Regional scope
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North, South, East, West
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|
Key companies profiled
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Siemens, Toshiba, Mitsubishi Electric,
Benchmarking, Emerson, ABB, GE, Hitachi, Rockwell, Honeywell.
|
|
Customization scope
|
10% free report customization with
purchase. Addition or alteration to country, regional & segment scope.
|
|
Pricing and purchase options
|
Avail customized purchase options to
meet your exact research needs. Explore purchase options
|
|
Delivery Format
|
PDF and Excel through Email (We can
also provide the editable version of the report in PPT/Word format on special
request)
|
Report Scope:
In this report, India Power Plant Control
System market has been segmented into following categories, in addition to the
industry trends which have also been detailed below:
- India Power Plant Control System Market,
By Component:
- Hardware
- Software
- Services
- India Power Plant Control System Market,
By Solution:
- Supervisory Control & Data Acquisition
(SCADA)
- Plant Asset Management (PAM)
- Distributed Control System (DCS)
- Programmable Logic Controller (PLC)
- Plant Lifecycle Management (PLM)
- India Power Plant Control System Market,
By Application:
- Boiler & Auxiliaries Control
- Generator Excitation & Electrical Control
- Turbine & Auxiliaries Control System
- Others
- India Power Plant Control System Market,
By Plant Type:
- Coal
- Oil
- Natural Gas
- Nuclear
- Hydroelectric
- Renewables
- Others
- India Power Plant Control System Market,
by Geography:
Competitive Landscape
Company Profiles: Detailed analysis of the major
companies present in Power Plant Control System.
Available Customizations:
With the given market data, TechSci Research offers
customizations according the company’s specific needs. The following
customization options are available for the report:
Company Information
- Detailed
analysis and profiling of additional market players (up to five).
Profit Margin Analysis
- Profit
margin analysis in case of direct and indirect sales channel.
It is an upcoming report to
be released soon. If you wish an early delivery of this report or want to
confirm the date of release, please contact us at [email protected]