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North America Automation in Combined Heat and Power Market Size, Share & Industry Trends Analysis Report By Component (Controllers, Sensors, Switches & Relays, Drives, and Others), By Control & Safety System, By Country and Growth Forecast, 2022 - 2028

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    Report

  • 97 Pages
  • August 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5659226
The North America Automation in Combined Heat and Power Market is expected to witness market growth of 7.0% CAGR during the forecast period (2022-2028).

It is feasible to control the combustion process against fluctuations in production, fuel quantity, fuel quality, and combustion conditions by optimizing combustion. It decreases flue gas oxygen content, nitrogen oxide (NOx) emissions, and carbon monoxide (CO) emissions while stabilizing the combustion process and increasing boiler efficiency. The efficiency of CHP is higher than that of producing electricity and useable thermal energy (or heat) separately. CHP is not a standalone system but rather an energy system made up of various parts that work together to provide heat that can be used in a process as well as power. 
In that it also produces heat and electricity, a cogeneration facility is similar to a CHP plant. Cogen technology, as opposed to CHP, generates energy using a simple cycle gas turbine. Steam is then generated using the energy from the gas turbine exhaust. The steam is then entirely utilized in other processes, as opposed to CHP, where a small fraction is sent to power a steam turbine. A decentralized, energy-efficient way to generate both heat and electricity is with a CHP power plant. CHP facilities are capable of generating electricity for a district or a utility or a specific building or facility.

With 25 GW in the industrial sector, 2 GW in the commercial world, and 43 GW in the electric power sector, the combined heat and power (CHP) producing capacity in the United States at the end of 2011 was close to 70 gigawatts (GW), or approximately 7% of the country's total capacity. Industrial CHP plants' generators ran at maximum capacity 57% of the time on average in 2011, or a capacity factor of 57%. CHP installations are also typical in places like California and New York that have a history of utility regulation that supports CHP. Utilizing waste heat from the generation of electricity, CHP technology produces both useable thermal energy and electricity from a single source of energy.

The US market dominated the North America Automation in Combined Heat and Power Market by Country in 2021, and is expected to continue to be a dominant market till 2028; thereby, achieving a market value of $4.4 billion by 2028. The Canada market is expected to grow at a CAGR of 9.4% during (2022 - 2028). Additionally, The Mexico market is expected to witness a CAGR of 8.4% during (2022 - 2028).

Based on Component, the market is segmented into Controllers, Sensors, Switches & Relays, Drives, and Others. Based on Control & Safety System, the market is segmented into Supervisory Control & Data Acquisition System (SCADA), Programmable Logic Controller (PLC), Human Machine Interface (HMI), Distributed Control System (DCS), and Systems Instrumented Systems (SIS). Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, ABB Group, Honeywell International, Inc., Schneider Electric SE, Siemens AG, Emerson Electric Co., Mitsubishi Electric Corporation, Valmet Oyj, Yokogawa Electric Corporation and Rockwell Automation, Inc.

Scope of the Study

Market Segments Covered in the Report:

By Component
  • Controllers
  • Sensors
  • Switches & Relays
  • Drives
  • Others
By Control & Safety System
  • Supervisory Control & Data Acquisition System (SCADA)
  • Programmable Logic Controller (PLC)
  • Human Machine Interface (HMI)
  • Distributed Control System (DCS)
  • Systems Instrumented Systems (SIS)
By Country
  • US
  • Canada
  • Mexico
  • Rest of North America

Key Market Players

List of Companies Profiled in the Report:

  • Omron Corporation
  • ABB Group
  • Honeywell International, Inc.
  • Schneider Electric SE
  • Siemens AG
  • Emerson Electric Co.
  • Mitsubishi Electric Corporation
  • Valmet Oyj
  • Yokogawa Electric Corporation
  • Rockwell Automation, Inc.

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  • Exhaustive coverage
  • The highest number of Market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Automation in Combined Heat and Power Market, by Component
1.4.2 North America Automation in Combined Heat and Power Market, by Control & Safety System
1.4.3 North America Automation in Combined Heat and Power Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographic Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2022)
Chapter 4. North America Automation in Combined Heat and Power Market by Component
4.1 North America Controllers Market by Country
4.2 North America Sensors Market by Country
4.3 North America Switches & Relays Market by Country
4.4 North America Drives Market by Country
4.5 North America Others Market by Country
Chapter 5. North America Automation in Combined Heat and Power Market by Control & Safety System
5.1 North America Supervisory Control & Data Acquisition System (SCADA) Market by Country
5.2 North America Programmable Logic Controller (PLC) Market by Country
5.3 North America Human Machine Interface (HMI) Market by Country
5.4 North America Distributed Control System (DCS) Market by Country
5.5 North America Systems Instrumented Systems (SIS) Market by Country
Chapter 6. North America Automation in Combined Heat and Power Market by Country
6.1 US Automation in Combined Heat and Power Market
6.1.1 US Automation in Combined Heat and Power Market by Component
6.1.2 US Automation in Combined Heat and Power Market by Control & Safety System
6.2 Canada Automation in Combined Heat and Power Market
6.2.1 Canada Automation in Combined Heat and Power Market by Component
6.2.2 Canada Automation in Combined Heat and Power Market by Control & Safety System
6.3 Mexico Automation in Combined Heat and Power Market
6.3.1 Mexico Automation in Combined Heat and Power Market by Component
6.3.2 Mexico Automation in Combined Heat and Power Market by Control & Safety System
6.4 Rest of North America Automation in Combined Heat and Power Market
6.4.1 Rest of North America Automation in Combined Heat and Power Market by Component
6.4.2 Rest of North America Automation in Combined Heat and Power Market by Control & Safety System
Chapter 7. Company Profiles
7.1 Omron Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launch and Product Expansion:
7.1.6 SWOT Analysis
7.2 ABB Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Honeywell International, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Schneider Electric SE
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Siemens AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 Emerson Electric Co.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Geographical Expansions:
7.6.5.3 Acquisition and Mergers:
7.7 Mitsubishi Electric Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Valmet Oyj
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segment & Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.9 Yokogawa Electric Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Acquisition and Mergers:
7.10. Rockwell Automation, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses

Companies Mentioned

  • Omron Corporation
  • ABB Group
  • Honeywell International, Inc.
  • Schneider Electric SE
  • Siemens AG
  • Emerson Electric Co.
  • Mitsubishi Electric Corporation
  • Valmet Oyj
  • Yokogawa Electric Corporation
  • Rockwell Automation, Inc.

Methodology

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