Asia Pacific Turbomachinery Control Systems Market - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3611861
  • Report
  • Region: Asia, Asia Pacific
  • 75 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Aker Solutions
  • Expro
  • GE Oil & Gas
  • Hitech Products
  • Onesubsea
  • Siemens AG
  • MORE
Asia Pacific turbomachinery control systems market is expected to reach $XX billion in 2020 from $1.23 billion in 2014. It is estimated that the market would grow at a CAGR of XX percent during this period.

Turbomachinery equipment is often a plant’s most critical capital investment and forms an important cog in the industry not only to attain efficiency but also to enhance productivity. Turbomachinery control systems provide tighter control over the speed of steam, hydro and gas turbines while ensuring over-speed protection. It also offers surge protection for compressors, alarm management capabilities, and load balancing between compressors or generators to allow most efficient use of resources. Overall production and plant safety are directly tied to performance of turbomachinery controls because unplanned outages or failures incur significant cost in terms of production loss and repair. As a result, turbomachinery control systems are vital in the process and they are the central nervous system of a turbine/compressor.

Asia-Pacific, is both, the largest and fastest growing region in this segment. The demand for compressor controls and turbine controls was constant in 2014. Turbine control systems demand is sinusoidal, with respect to time, and 2014-2020 represents the crest of that demand wave. Power is the principal end user for turbomachinery control systems.

Rapid industrialization along with automation in emerging economies is the primary driver for the turbomachinery control systems market. etrofitting and flexible turbine controls are the primary opportunities in this domain. The quality and product pricing give a competitive edge to firms in this market. The market is filled with numerous firms and is equally balanced. The competition is high between the existing players.

This report comprehensively analyzes the Asia Pacific Turbomachinery control systems market by segmenting it based on countries, application and Markets served. Key drivers and restraints that are effecting the growth of this market are discussed in detail. The study also elucidates on competitive landscape and key market players.

Please note: As this product is updated at the time of order, dispatch will be 72 hours from the date the order and full payment is received
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Aker Solutions
  • Expro
  • GE Oil & Gas
  • Hitech Products
  • Onesubsea
  • Siemens AG
  • MORE
1. Introduction
1.1 Study Deliverables
1.2 Market Definition
1.3 Base Currency
1.4 Review and Forecast Period Years
1.5 General Study Assumptions

2. Research Methodology
2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric Forecast Model
2.4 Research Assumptions

3. Executive Summary

4. Key Inferences

5. Market Overview and Industry Trends
5.1 Current Market Scenario
5.2 Technology Overview
5.3 Recent Developments
5.4 Industry Value-Chain Analysis
5.5 Porter’s Five Forces
5.5.1 Bargaining Power of Suppliers
5.5.2 Bargaining Power of Consumers
5.5.3 Threat of New Entrants
5.5.4 Threat of Substitute Products and Services
5.5.5 Competitive Rivalry within the Industry

6. Drivers, Restraints and Opportunities
6.1 Market Drivers
6.1.1 Increasing Usage of turbomachinery owing to the growth of power and chemical industries
6.1.2 Advantages of Turbomachinery Control systems
6.2 Market Restraints
6.2.1 Macroeconomic uncertainities and Currency devaluations
6.2.2 Raw Material Fluctuations
6.3 Opportunities
6.3.1 Retrofitting

7. Asia Pacific Turbomachinery control systems Market, Value Chain Analysis
7.1 Overview
7.2 Equipment Manufacturers
7.3 Service Providers

8. Asia Pacific Turbomachinery control systems Market, By Countries
8.1 Major Countries
8.1.1 China
8.1.2 India
8.1.3 Malaysia
8.1.4 Australia
8.1.5 Other Countries

9. Asia Pacific Turbomachinery control systems Market, By Markets served
9.1 Power
9.2 Oil and Gas Industry
9.3 Chemical
9.4 Mining and Construction
9.5 Others

10. Asia Pacific Turbomachinery control systems Market, By Applications
10.1 Turbine Controls
10.2 Compressor Controls

11. Key Company Analysis
11.1 ABB Ltd.
11.2 Alstom SA
11.3 Crompton Greaves Ltd.
11.4 GE Co
11.5 Hyosung Power & Industrial Systems Performance Group
11.6 Mitsubishi Electric Corporation
11.7 Siemens Energy
11.8 Schneider Electric
11.9 Eaton Corp
11.10 Powell Industries

12. Appendix
12.1 Contact Us
12.2 Disclaimer
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- Aker Solutions
- Dril - Quip Inc
- FMC Technologies
- GE Oil & Gas
- Halliburton Company
- Expro
- Hitech Products
- Oceaneering International
- Onesubsea
- Proserv
- Siemens AG
- Weatherford International
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