Global Turbine Control Systems Market Research

Report - Forecast to 2023

Industry Survey, Growth, Competitive Landscape
and Forecasts to 2023

PREPARED BY
Market Research Future
(Part of Wantstats Research & Media Pvt. Ltd.)
 Global Turbine Control Systems Market Forecast to 2023

Global Turbine Control Systems Market - Overview

The global turbine control systems market is expected to grow at a CAGR of 4.73% over the forecast period from 2018 to 2023, according
to the latest research report from Market Research Future (MRFR). The global turbine control systems market is mainly driven by the
growing demand for wind turbines in wind energy generation projects.
Wind energy has come up as a viable renewable energy source in the last few years, with several governments setting up infrastructure
to support long-term and large-scale use of wind power for electricity generation. The merits of wind energy include the fact that it
comes from a renewable resource, i.e. wind. The environmental footprint of wind power is drastically lower compared to conventional
forms of electricity generation, which has made it an attractive proposition for energy regulatory bodies around the world.
Turbine control systems provide one-stop control over turbine systems, allowing the operators to run the operations smoothly and
without difficulties. The global turbine control systems market has also been driven by the growing demand for automation in the power
generation sector, as automation makes everything easier and less complicated than before. Turbine control systems can control the
speed of turbines as well as watching out for anomalies and risks in terms of temperature and pressure. The comprehensive coverage
provided by turbine control systems is likely to drive the global turbine control systems market over the forecast period.
A prominent factor extending the global turbine control systems market growth is rising awareness about the positive effects of
renewable energy on the environment. The second factor proliferating the market growth include complementary regulations enforced
for the large-scale adoption of renewable energy. However, the requirement of substantial initial investment can cause glitches in the
market growth.

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 Global Turbine Control Systems Market Forecast to 2023

Global Turbine Control Systems Market - Industry News

A team comprising of engineers from General Electric (GE) and Southwest Research Institute have
designed, built and tested the highest temperature supercritical carbon dioxide (sCO2) turbine in the
world. 8 APR 2019
According to a new contract won by Bilfinger UK from Voith Hydro, the former is to deliver electrical
services, mechanical services, installation services, and maintenance services at the 360-MW
Ffestiniog pumped storage station in North Wales. Forming part of a significant restoration project
that is likely to complete in 2020, this deal involves refurbished the two turbine-generator units. 18
APR 2019
In February 2019, Inox Wind and AMSC made an agreement to make AMSC the exclusive supplier of
electric control systems for Inox’s 3-MW turbines. Inox operates in the growing India market, where
wind power is a relatively recent addition to the power generation scenario and has vast potential for
growth.
In August 2018, Ingeteam began production of wind power converters and control cabinets at its
production facility in Tamil Nadu, India.

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 Global Turbine Control Systems Market Forecast to 2023

MARKET SEGMENT
Global Turbine Control Systems Market - Segments

The global turbine control systems market is segmented on the basis of type, function, component,
and region.
By type, the global turbine control systems market is segmented into steam turbines, gas turbines,
and others. Steam turbines dominate the global turbine control systems market and are likely to
retain a strong lead over the forecast period.
By function, the global turbine control systems market is segmented into pressure control, speed
control, temperature control, load control, and others. The speed control segment is likely to
accrue the highest revenue for the global turbine control systems market over the forecast period
due to the growing number of wind power projects being established in a number of countries
around the world. The load control segment is also expected to exhibit rapid growth over the
forecast period.
By component, the global turbine control systems market is segmented into software, controllers,
sensors, HMI, and others. The software segment is expected to dominate the global turbine control
systems market over the forecast period.

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 Global Turbine Control Systems Market Forecast to 2023

KEY PLAYER

Key Players:

• Mita-Teknik,
• HPI LLC,
• Spica Technology ApS,
• Turbine Controls Ltd.,
• DNV GL AS,
• Proeon Systems Ltd.,
• Innoway Future Solutions,
• Heinzmann GmbH & Co. KG,
• Woodward Inc.,
• Siemens AG,
• Rockwell Automation Inc.,
• General Electric,
• Honeywell International Inc.,
• Emerson Electric Co., and
• ABB.

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