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Gas Turbine Control System Market Share

Report ID: GMI12797
Published Date: Dec 2024
Report Format: PDF

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Gas Turbine Control System Market Share

Gas Turbine Control System Company Market Share Analysis, 2024

The gas turbine control system industry is characterized by intense competition driven by technological innovation, evolving customer demands, and stringent environmental regulations. Key players in the market focus on developing advanced control solutions featuring predictive analytics, real-time monitoring, and integration with IoT and AI technologies to enhance turbine efficiency and reliability. Established companies compete on product performance, customization capabilities, and after-sales services, while new entrants leverage niche technologies and cost-effective solutions to gain market share.

Gas Turbine Control System Market Companies

Major players operating in the gas turbine control system industry are:

ABB
DEIF
Emerson Electric
Ethos Energy Group
General Electric
GTC Control Solutions
Heinzmann
Holland Controls
Honeywell International
Petrotech
Proeon Systems
Rockwell Automation
Schneider Electric
Siemens Energy
Sulzer
Turbine Controls
Valmet
Voith
Woodward

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

The global market for gas turbine control system was reached USD 4.54 billion in 2024 and is projected to grow at a 6.2% CAGR from 2025 to 2034, driven by the increasing adoption of automation and digitalization in line with the shift toward clean energy sources.

The software segment is expected to exceed USD 2 billion by 2034, fueled by the demand for advanced monitoring, predictive maintenance, and efficiency optimization in industrial and power generation sectors.

The temperature gas turbine control system market is anticipated to grow at a rate of over 5.5% through 2034, supported by the need for reliable power generation and the transition to smart grids and renewable energy sources.

The U.S. gas turbine control system market is projected to surpass USD 1.5 billion by 2034, led by modernization and retrofitting of power plants, supportive federal policies, and the expansion of industrial infrastructure.

Key players in the industry include ABB, DEIF, Emerson Electric, Ethos Energy Group, General Electric, GTC Control Solutions, Heinzmann, Holland Controls, Honeywell International, Petrotech, Proeon Systems, Rockwell Automation, Schneider Electric, Siemens Energy, Sulzer, Turbine Controls, Valmet, Voith, and Woodward.