Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Size and Outlook 2031

Report Description

Forecast Period	2027-2031
Market Size (2025)	USD 7.23 Billion
CAGR (2026-2031)	3.79%
Fastest Growing Segment	Compressor Controls
Largest Market	Asia Pacific
Market Size (2031)	USD 9.04 Billion

Market Overview

The Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market will grow from USD 7.23 Billion in 2025 to USD 9.04 Billion by 2031 at a 3.79% CAGR. The Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market encompasses advanced hardware and software designed to regulate the performance of rotating equipment, alongside solutions for modernizing aging assets and providing essential lifecycle support. The primary driver propelling this sector is the critical need to extend the operational life of legacy infrastructure while complying with stringent decarbonization mandates that demand higher energy efficiency. According to the International Energy Agency, in 2024, global investment in energy efficiency across end-use sectors was projected to reach approximately $660 billion, highlighting the substantial capital flowing into the modernization of industrial capabilities.

However, a significant challenge impeding broader market expansion is the technical complexity and high capital expenditure associated with integrating modern digital controls into outdated mechanical systems. This integration often requires prolonged downtime and specialized engineering, creating a barrier for cost-sensitive operators who may delay necessary retrofits despite the long-term operational benefits.

Key Market Drivers

Strict enforcement of environmental regulations and emission standards is fundamentally reshaping the market, compelling industrial operators to prioritize the modernization of legacy turbomachinery. As governments worldwide impose rigorous carbon caps, asset owners are increasingly opting for retrofitting solutions to enhance combustion efficiency and fuel flexibility rather than incurring the high capital costs of replacing entire mechanical systems. This regulatory pressure drives significant demand for ancillary services and control upgrades capable of managing low-carbon fuels and optimizing performance. Highlighting this trend, according to GE Vernova, January 2025, in the 'Fourth Quarter and Full Year 2024 Financial Results', the company's Power segment secured orders of $21.8 billion, representing 28% organic growth driven by robust demand for gas power equipment and double-digit services expansion.

Simultaneously, the accelerating adoption of Industry 4.0 and digital transformation technologies is revolutionizing how turbomachinery assets are monitored and controlled. The integration of artificial intelligence into control systems enables predictive maintenance, which significantly reduces unplanned downtime and operational expenditures by identifying potential failures before they occur. This digital shift transforms traditional maintenance models into proactive asset management strategies, fostering a surge in demand for advanced software and remote monitoring services. According to DNV, August 2024, in the 'Leading a Data-Driven Transition' report, 47% of senior energy professionals surveyed indicated that their organizations plan to integrate AI-driven applications into their operations within the coming year. Broader investment flows underscore this pivot toward efficient, tech-enabled infrastructure; according to the International Energy Agency, in 2024, global investment in clean energy technologies and infrastructure was expected to reach $2 trillion.

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Key Market Challenges

The significant technical complexity and high capital expenditure associated with integrating modern digital controls into outdated mechanical systems constitute a major impediment to the growth of the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market. This integration process is not merely a hardware upgrade but often necessitates specialized engineering to bridge the gap between analog machinery and digital interfaces. The complexity frequently results in extended operational downtime, which translates to lost production revenue. For many industrial operators, these combined direct and indirect costs create a substantial barrier to adoption, causing them to defer critical modernization projects despite the potential for long-term operational advantages.

This financial hesitation is reinforced by broader investment constraints currently affecting the industrial sector. According to the National Association of Manufacturers, in 2024, nearly 40% of survey respondents indicated they had pulled back on hiring and investing due to the expiration of tax incentives for capital investments and increased costs. This data underscores the acute sensitivity to capital expenditure among industrial operators. When faced with such fiscal constraints, the high upfront costs and technical risks associated with retrofitting legacy turbomachinery become difficult to justify, directly slowing the market’s expansion as companies opt to maintain aging assets rather than upgrade them.

Key Market Trends

Electrification of Turbomachinery Drivetrains in LNG Applications is rapidly emerging as a transformative trend, where operators replace mechanical gas turbines with electric motor drives to eliminate onsite combustion emissions. This retrofit approach allows facilities to utilize renewable power from the grid, significantly lowering their carbon footprint and reducing the complexity of mechanical maintenance associated with traditional combustion engines. The market impact is evident in the surge of capital allocated for low-carbon power technologies and grid-connected industrial equipment. According to Siemens Energy, February 2025, in the 'First Quarter Fiscal Year 2025 Results', the company reported a record order book of €131 billion, driven by robust demand for electrification and decarbonized energy infrastructure.

Implementation of Cybersecurity-Resilient System Upgrades is becoming critical as industrial control networks increasingly converge with enterprise IT systems, exposing legacy assets to new digital risks. To mitigate vulnerabilities in operational technology, asset owners are retrofitting control architectures with advanced threat detection, network segmentation, and secure remote access protocols. This defensive modernization is essential to maintain business continuity and safety amidst a growing landscape of malicious activity targeting critical infrastructure. According to Dragos, February 2025, in the '8th Annual OT Cybersecurity Year in Review', ransomware attacks against industrial organizations surged by 87% in 2024, highlighting the urgent necessity for these security-focused system enhancements.

Segmental Insights

The compressor controls segment is currently experiencing the most rapid expansion within the global turbomachinery control systems market. This growth is primarily driven by the critical need for effective surge protection and load-sharing capabilities in the oil and gas and power generation sectors. As industrial operators prioritize energy efficiency to lower operational costs, the demand for precise control mechanisms that optimize fuel usage has intensified. Furthermore, strict adherence to emission standards set by organizations such as the Environmental Protection Agency compels facilities to modernize legacy equipment, thereby accelerating the adoption of upgraded compressor control solutions.

Regional Insights

Asia Pacific maintains a dominant position in the global turbomachinery control systems, retrofitting, and ancillary services market due to rapid industrial growth and rising energy consumption. Extensive investments in the power generation and oil and gas sectors, particularly within developing nations, create sustained demand for control infrastructure. Furthermore, strict environmental mandates enforce the modernization of aging industrial fleets to enhance efficiency and reduce emissions. This necessity to upgrade existing assets for regulatory compliance and operational stability ensures the region remains the primary market for retrofitting and support services.

Recent Developments

In September 2025, Voith successfully completed the modernization of the second turbine unit at the Roxburgh Hydropower Station in New Zealand. This milestone was part of a larger retrofitting program aimed at replacing aging components and installing advanced runners to increase the facility's energy output and efficiency. The project utilized state-of-the-art hydraulic design and manufacturing techniques to ensure the new equipment met rigorous performance guarantees. This achievement highlights the company's capability in delivering complex ancillary services and retrofitting solutions that extend the service life of critical power generation infrastructure while optimizing water usage.
In October 2024, ABB entered into a strategic partnership with Energy Control Technologies to develop an integrated turbomachinery control solution. The joint effort focuses on embedding advanced compressor and turbine control algorithms directly into the ABB Ability System 800xA distributed control system. This integration eliminates the need for separate hardware interfaces and distinct gateways, which simplifies the automation architecture for industrial facilities. The collaboration is expected to reduce capital expenditures for automation projects and provide operators with a unified interface to monitor and manage complex rotating equipment, thereby enhancing overall system performance and safety.
In September 2024, Hanwha Power Systems signed a memorandum of understanding with GasLog to retrofit the propulsion systems of liquefied natural gas carriers. The collaboration focuses on converting existing fossil fuel engines to ammonia-fired gas turbines, utilizing a specialized combustion system developed to meet stringent environmental regulations. This initiative represents a significant advancement in the market for turbomachinery retrofitting, as it addresses the technical challenges of adopting carbon-free fuels in the maritime sector. The project aims to demonstrate the commercial viability of operating gas turbines with alternative fuels while ensuring operational safety and efficiency.
In February 2024, Emerson was selected by a major utility company to upgrade the control systems at the Cycofos combined cycle power plant in France. The project entailed modernizing the legacy control infrastructure of the facility’s gas turbine and associated steam turbine with the Ovation distributed control system. This retrofit was designed to replace obsolete components, thereby extending the operational lifespan of the plant and enhancing its reliability. By consolidating the control functions into a unified platform, the upgrade aimed to simplify maintenance operations and improve the management of the plant’s start-up and base-load processes.

Key Market Players

ABB Ltd
Siemens Energy AG
Rockwell Automation Inc.
Emerson Electric Co.
General Electric Company
Schneider Electric SE
Honeywell International Inc.
Metso Outotec Oyj
Proserv plc
Flowserve Corporation

By Application	By End-user Industry	By Service Type	By Region
Turbine Controls and Compressor Controls	Power Oil and Gas Chemicals Metals and Mining Others	New Turbo-machinery Control System Retrofit Turbo-machinery Control System and Ancillary System	North America Europe Asia Pacific South America Middle East & Africa

Report Scope:

In this report, the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market has been segmented into the following categories, in addition to the industry trends which have also been detailed below:

Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market, By Application:

Turbine Controls and Compressor Controls

Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market, By End-user Industry:

Power
Oil and Gas
Chemicals
Metals and Mining
Others

Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market, By Service Type:

New Turbo-machinery Control System
Retrofit Turbo-machinery Control System and Ancillary System

Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market, By Region:

North America

United States
Canada
Mexico

Europe

France
United Kingdom
Italy
Germany
Spain

Asia Pacific

China
India
Japan
Australia
South Korea

South America

Brazil
Argentina
Colombia

Middle East & Africa

South Africa
Saudi Arabia
UAE

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market.

Available Customizations:

Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market report with the given market data, TechSci Research offers customizations according to a 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).

Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market 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]

Table of content

1. Product Overview

1.1. Market Definition

1.2. Scope of the Market

1.2.1. Markets Covered

1.2.2. Years Considered for Study

1.2.3. Key Market Segmentations

2. Research Methodology

2.1. Objective of the Study

2.2. Baseline Methodology

2.3. Key Industry Partners

2.4. Major Association and Secondary Sources

2.5. Forecasting Methodology

2.6. Data Triangulation & Validation

2.7. Assumptions and Limitations

3. Executive Summary

3.1. Overview of the Market

3.2. Overview of Key Market Segmentations

3.3. Overview of Key Market Players

3.4. Overview of Key Regions/Countries

3.5. Overview of Market Drivers, Challenges, Trends

4. Voice of Customer

5. Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

5.1. Market Size & Forecast

5.1.1. By Value

5.2. Market Share & Forecast

5.2.1. By Application (Turbine Controls and Compressor Controls)

5.2.2. By End-user Industry (Power, Oil and Gas, Chemicals, Metals and Mining, Others)

5.2.3. By Service Type (New Turbo-machinery Control System, Retrofit Turbo-machinery Control System and Ancillary System)

5.2.4. By Region

5.2.5. By Company (2025)

5.3. Market Map

6. North America Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

6.1. Market Size & Forecast

6.1.1. By Value

6.2. Market Share & Forecast

6.2.1. By Application

6.2.2. By End-user Industry

6.2.3. By Service Type

6.2.4. By Country

6.3. North America: Country Analysis

6.3.1. United States Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

6.3.1.1. Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2. Market Share & Forecast

6.3.1.2.1. By Application

6.3.1.2.2. By End-user Industry

6.3.1.2.3. By Service Type

6.3.2. Canada Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

6.3.2.1. Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2. Market Share & Forecast

6.3.2.2.1. By Application

6.3.2.2.2. By End-user Industry

6.3.2.2.3. By Service Type

6.3.3. Mexico Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

6.3.3.1. Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2. Market Share & Forecast

6.3.3.2.1. By Application

6.3.3.2.2. By End-user Industry

6.3.3.2.3. By Service Type

7. Europe Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

7.1. Market Size & Forecast

7.1.1. By Value

7.2. Market Share & Forecast

7.2.1. By Application

7.2.2. By End-user Industry

7.2.3. By Service Type

7.2.4. By Country

7.3. Europe: Country Analysis

7.3.1. Germany Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

7.3.1.1. Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2. Market Share & Forecast

7.3.1.2.1. By Application

7.3.1.2.2. By End-user Industry

7.3.1.2.3. By Service Type

7.3.2. France Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

7.3.2.1. Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2. Market Share & Forecast

7.3.2.2.1. By Application

7.3.2.2.2. By End-user Industry

7.3.2.2.3. By Service Type

7.3.3. United Kingdom Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

7.3.3.1. Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2. Market Share & Forecast

7.3.3.2.1. By Application

7.3.3.2.2. By End-user Industry

7.3.3.2.3. By Service Type

7.3.4. Italy Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

7.3.4.1. Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2. Market Share & Forecast

7.3.4.2.1. By Application

7.3.4.2.2. By End-user Industry

7.3.4.2.3. By Service Type

7.3.5. Spain Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

7.3.5.1. Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2. Market Share & Forecast

7.3.5.2.1. By Application

7.3.5.2.2. By End-user Industry

7.3.5.2.3. By Service Type

8. Asia Pacific Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

8.1. Market Size & Forecast

8.1.1. By Value

8.2. Market Share & Forecast

8.2.1. By Application

8.2.2. By End-user Industry

8.2.3. By Service Type

8.2.4. By Country

8.3. Asia Pacific: Country Analysis

8.3.1. China Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

8.3.1.1. Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2. Market Share & Forecast

8.3.1.2.1. By Application

8.3.1.2.2. By End-user Industry

8.3.1.2.3. By Service Type

8.3.2. India Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

8.3.2.1. Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2. Market Share & Forecast

8.3.2.2.1. By Application

8.3.2.2.2. By End-user Industry

8.3.2.2.3. By Service Type

8.3.3. Japan Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

8.3.3.1. Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2. Market Share & Forecast

8.3.3.2.1. By Application

8.3.3.2.2. By End-user Industry

8.3.3.2.3. By Service Type

8.3.4. South Korea Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

8.3.4.1. Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2. Market Share & Forecast

8.3.4.2.1. By Application

8.3.4.2.2. By End-user Industry

8.3.4.2.3. By Service Type

8.3.5. Australia Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

8.3.5.1. Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2. Market Share & Forecast

8.3.5.2.1. By Application

8.3.5.2.2. By End-user Industry

8.3.5.2.3. By Service Type

9. Middle East & Africa Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

9.1. Market Size & Forecast

9.1.1. By Value

9.2. Market Share & Forecast

9.2.1. By Application

9.2.2. By End-user Industry

9.2.3. By Service Type

9.2.4. By Country

9.3. Middle East & Africa: Country Analysis

9.3.1. Saudi Arabia Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

9.3.1.1. Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2. Market Share & Forecast

9.3.1.2.1. By Application

9.3.1.2.2. By End-user Industry

9.3.1.2.3. By Service Type

9.3.2. UAE Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

9.3.2.1. Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2. Market Share & Forecast

9.3.2.2.1. By Application

9.3.2.2.2. By End-user Industry

9.3.2.2.3. By Service Type

9.3.3. South Africa Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

9.3.3.1. Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2. Market Share & Forecast

9.3.3.2.1. By Application

9.3.3.2.2. By End-user Industry

9.3.3.2.3. By Service Type

10. South America Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

10.1. Market Size & Forecast

10.1.1. By Value

10.2. Market Share & Forecast

10.2.1. By Application

10.2.2. By End-user Industry

10.2.3. By Service Type

10.2.4. By Country

10.3. South America: Country Analysis

10.3.1. Brazil Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

10.3.1.1. Market Size & Forecast

10.3.1.1.1. By Value

10.3.1.2. Market Share & Forecast

10.3.1.2.1. By Application

10.3.1.2.2. By End-user Industry

10.3.1.2.3. By Service Type

10.3.2. Colombia Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

10.3.2.1. Market Size & Forecast

10.3.2.1.1. By Value

10.3.2.2. Market Share & Forecast

10.3.2.2.1. By Application

10.3.2.2.2. By End-user Industry

10.3.2.2.3. By Service Type

10.3.3. Argentina Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market Outlook

10.3.3.1. Market Size & Forecast

10.3.3.1.1. By Value

10.3.3.2. Market Share & Forecast

10.3.3.2.1. By Application

10.3.3.2.2. By End-user Industry

10.3.3.2.3. By Service Type

11. Market Dynamics

11.1. Drivers

11.2. Challenges

12. Market Trends & Developments

12.1. Merger & Acquisition (If Any)

12.2. Product Launches (If Any)

12.3. Recent Developments

13. Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market: SWOT Analysis

14. Porter's Five Forces Analysis

14.1. Competition in the Industry

14.2. Potential of New Entrants

14.3. Power of Suppliers

14.4. Power of Customers

14.5. Threat of Substitute Products

15. Competitive Landscape

15.1. ABB Ltd

15.1.1. Business Overview

15.1.2. Products & Services

15.1.3. Recent Developments

15.1.4. Key Personnel

15.1.5. SWOT Analysis

15.2. Siemens Energy AG

15.3. Rockwell Automation Inc.

15.4. Emerson Electric Co.

15.5. General Electric Company

15.6. Schneider Electric SE

15.7. Honeywell International Inc.

15.8. Metso Outotec Oyj

15.9. Proserv plc

15.10. Flowserve Corporation

16. Strategic Recommendations

17. About Us & Disclaimer

Figures and Tables

Frequently asked questions

What was the market size of the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market in 2025?

The market size of the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market was estimated to be USD 7.23 Billion in 2025.

Which is the dominating region in the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market?

Asia Pacific is the dominating region in the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market.

Which is the fastest growing segment in the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market?

Compressor Controls segment is the fastest growing segment in the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market.

What is the expected growth rate of the Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market?

The Global Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market is expected to grow at 3.79% between 2026 to 2031.