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Turbine Control System Market Share

Report ID: GMI6195
Published Date: Jul 2023
Report Format: PDF

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Turbine Control System Market Share

The major companies operating in the turbine control system market includes

ABB
Siemens Energy
General Electric
WOODWARD
Honeywell International
Emerson Electric Co.
Rockwell Automation
Schneider Electric
Yokogawa Electric Corporation
Mitsubishi Electric Corporation
Voith GmbH & Co. KGaA
Vestas
Hitachi
Danfoss
ANDRITZ
Sulzer
AEG Power Solutions
SKF
EATON
B&R
Ingeteam
Bachmann.

Authors: Ankit Gupta, Shubham Chaudhary

Frequently Asked Questions (FAQ) :

The market size of turbine control system was reached USD 21.1 billion in 2023 and is estimated to surpass USD 34.1 billion by 2032, owing to the rising investments in offshore wind farms driven by increasing demand for renewable energy sources.

Hydro turbine control system industry size is poised to gain significant momentum at 5.3% CAGR from 2023 to 2032, attributed to the rising investments in power projects and the surge in environmental concerns and regulations.

North America market was worth USD 4.9 billion in 2022 and is projected to grow at a robust pace through 2032, due to the rapid consumer shift towards clean energy in the region.

Some of the top firms engaged in the market are ABB, Siemens Energy, General Electric, WOODWARD, Honeywell International, Emerson Electric Co., Rockwell Automation, Schneider Electric, Yokogawa Electric Corporation, and Mitsubishi Electric Corporation.