市場調查報告書

渦輪設備控制系統、改造、輔助服務的全球市場:成長、趨勢、預測

Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market - Growth, Trends And Forecast (2020 - 2025)

出版商 Mordor Intelligence LLP 商品編碼 625889
出版日期 內容資訊 英文 120 Pages
商品交期: 2-3個工作天內
價格
渦輪設備控制系統、改造、輔助服務的全球市場:成長、趨勢、預測 Turbomachinery Control Systems, Retrofitting, and Ancillary Services Market - Growth, Trends And Forecast (2020 - 2025)
出版日期: 2020年03月01日內容資訊: 英文 120 Pages
簡介

本報告提供全球渦輪設備控制系統、改造、輔助服務市場調查,市場概要,各用途、終端用戶產業、各地區的市場規模的變化與預測,市場成長要素及阻礙因素分析,競爭情形,主要企業的簡介等全面性資訊。

目錄

第1章 簡介

  • 調查範圍
  • 市場定義
  • 調查的前提條件

第2章 摘要整理

第3章 調查方法

第4章 市場概況

  • 簡介
  • 市場規模與需求預測
  • 渦輪機及壓縮機的市場規模與需求預測
  • 最近的趨勢
  • 市場動態
    • 成長要素
    • 阻礙因素
  • 供應鏈分析
  • 波特的五力分析
    • 買方議價能力
    • 供給企業談判力
    • 新加入業者的威脅
    • 替代品的威脅
    • 競爭企業間的敵對關係

第5章 市場區隔

  • 各用途
    • 渦輪機控制
    • 蒸氣渦輪控制
    • 燃氣渦輪機控制
    • 壓縮機控制
  • 各終端用戶產業
    • 電力
    • 石油、天然氣
    • 化學
    • 金屬、礦業
    • 其他
  • 各服務形式
    • 新安裝
    • 改裝
  • 各地區
    • 北美
    • 歐洲
    • 亞太地區
    • 南美
    • 中東、非洲

第6章 競爭情形

  • 合併、收購、合資企業、合作、契約
  • 主要企業的策略
  • 企業簡介
    • 渦輪設備自動化供應商
      • ABB Ltd
      • Emerson Electric Co.
      • General Electric Company
      • Honeywell International Inc.
      • Rockwell Automation Inc.
      • Schneider Electric SE
      • Siemens AG
      • 橫河電機
      • STORK, A Fluor Company
      • Turbine Technology Services Corporation
      • Energy Controls Technology Inc.
      • PetroTech Oil & Gas Inc.
      • HollySys Automation Technologies Ltd
      • China Automation Group Limited
    • 自動化系統OEM
      • Voith GmbH & Co. KGaA
      • Woodward, Inc.
      • MAN SE
      • 三菱電機
      • Compressor Controls Corporation
      • Solar Turbines Incorporated
      • Ingersoll Rand Inc.

第7章 市場機會及未來趨勢

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目錄
Product Code: 49810

The turbomachinery control system, retrofitting and ancillary system market is expected to grow at a CAGR of 4.09% during the forecast period of 2020 - 2025. Factors such as increasing shift in focus towards natural gas and adoption of automation technologies in industrial sector are expected to create a huge demand for turbomachinery control systems. However, constantly increasing preference for renewable energy sources, have somewhat resulted to a reduction in investment and demand in turbomachinery control systems in recent years.

  • The oil and gas industry have widespread applications for turbomachinery equipment including turbines and compressors and turbomachinery control systems. The abundance of natural gas, coupled with their increasing applications across various end-use industries, is expected to spur the growth of global natural gas consumption rate.
  • The With an average life span of 12-15 years, the turbomachinery control system is bound to have a retrofit, which is expected to create a constant market for Retrofitting Services.
  • Asia- Pacific dominates the market both in terms of market share and growth, attributing to the burgeoning economies of India and China, the presence of a large chemical industry, and low labor wages, resulting in a growing manufacturing sector.

Key Market Trends

Increasing Demand from Oil and Gas Sector

  • The oil and gas sector is expected to maintain its dominance in the market studied over the forecast period. With increasing favor for gas globally, turbomachinery market is bound to increase with increase in gas production.
  • However, with the renewable energy industry being in it's infancy, development of this field is expected to have some impact on the turbomachinery control system market.
  • In the US starting from 2014 there have been a constant decline in energy production from coal, which is being replaced by natural gas. In 2018 approx. 35.1% of the US electricity was produced from natural gas compared to 27.5% in 2014, coal being dropped from 38.6% in 2014 to 27.4% in 2018, this indicates towards a growth for turbomachinery control system market.
  • A similar trend of shift from conventional fuel-based power generation to gas-based power generation can be seen globally, resulting in an increased demand of turbines and compressors, which is likely to drive the demand for turbomachinery control systems in forecasted period.
  • The fall in crude oil prices have affected the global upstream industry many times, but these drops have opened a way for downstream industries to take advantage of cheaper feedstock.
  • Therefore, with a number of factors included it can be said that the demand for turbomachinery control systems, retrofitting and ancillary services market is expected to grow significantly during the forecast period.

Asia Pacific to Dominate the Market

  • Asia Pacific have the fastest growth rate owing to the developing economies or India and China and developed economies like Japan and Australia.
  • With recent huge development in City Gas Distribution in India and an investment of USD 16.7 billion by 2030, the country is becoming a huge market for turbomachinery control systems.
  • India is also investing in its refining and petrochemicals industry. India's refining capacity was 22495.43 TMT in March 2019, up by 6.51% from March 2018. Recently Saudi Aramco announced that it is investing in reliance for a 20% stake in Reliance's oil to chemical(O2C) division at an enterprise value of USD 75 billion for the O2C division.
  • Over the past few years China's coal plant fleet expansion have slowed down, paving way for gas-based energy production in the country, also China's energy demand is continuously increasing. Both stated factors indicate towards demand growth of turbines and compressors, leading to increase in Turbomachinery Control System Market.
  • The refining capacity of China have seen a continuous growth in the past and is forecasted to do so in coming years, in March 2019, the Wood company was awarded a new contract from Sinochem Quanzhou Petrochemical for its 1MTA ethylene and refinery expansion project in China. This growth in refining capacities and slowdown in energy production from coal is expected to increase the Turbomachinery Control System market as Refineries and gas-based power production plants are a significant consumer of this market.
  • Therefore the growth in chemical industry, and increased usage of natural gas for industrial and power generation, are expected to be the major driving factors for the market in the region, which is on a growing trend and is expected to do so in the forecasted period.

Competitive Landscape

The global turbomachinery control system, retrofit and ancillary services market is moderately consolidated with some of the major companies holding more than 40% of the market as of 2018. Some of the key companies are General Electric Co., Siemens AG, Emerson Electric Co., Mitsubishi Heavy Industries, Ltd., ABB Ltd., Honeywell International Inc., Rockwell Automation, Inc., Schneider Electric SE, Yokogawa Electric Corporation, among others.

Reasons to Purchase this report:

  • The market estimate (ME) sheet in Excel format
  • Report customization as per the client's requirements
  • 3 months of analyst support

Table of Contents

1 Introduction

  • 1.1 Scope of the Study
  • 1.2 Market Definition
  • 1.3 Study Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY

4 MARKET OVERVIEW

  • 4.1 Introduction
  • 4.2 Market Size and Demand Forecast for Turbomachinery Control Systems, Retrofitting, and Ancillary Services in USD billion, until 2025
  • 4.3 Market Size and Demand Forecast for Turbines and Compressors in USD billion, until 2025
  • 4.4 Recent Trends and Developments
  • 4.5 Market Dynamics
    • 4.5.1 Drivers
    • 4.5.2 Restraints
  • 4.6 Supply Chain Analysis
  • 4.7 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.7.1 Threat of New Entrants
    • 4.7.2 Bargaining Power of Consumers
    • 4.7.3 Bargaining Power of Suppliers
    • 4.7.4 Threat of Substitutes Products and Services
    • 4.7.5 Intensity of Competitive Rivalry

5 MARKET SEGMENTATION

  • 5.1 Application
    • 5.1.1 Turbine Controls
    • 5.1.2 Steam Turbine Controls
    • 5.1.3 Gas Turbine Controls
    • 5.1.4 Compressor Controls
  • 5.2 End-user Industry
    • 5.2.1 Power
    • 5.2.2 Oil and Gas
    • 5.2.3 Chemical
    • 5.2.4 Metals and Mining
    • 5.2.5 Other End-user Industries
  • 5.3 Service Type
    • 5.3.1 New Turbomachinery Control System
    • 5.3.2 Retrofit Turbomachinery Control System and Ancillary Services
  • 5.4 Geography
    • 5.4.1 North America
    • 5.4.2 Europe
    • 5.4.3 Asia-Pacific
    • 5.4.4 South America
    • 5.4.5 Middle-East and Africa

6 COMPETITIVE LANDSCAPE

  • 6.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
  • 6.2 Strategies Adopted by Leading Players
  • 6.3 Company Profiles
    • 6.3.1 Turbomachinery Automation Vendors
      • 6.3.1.1 ABB Ltd
      • 6.3.1.2 Emerson Electric Co.
      • 6.3.1.3 General Electric Company
      • 6.3.1.4 Honeywell International Inc.
      • 6.3.1.5 Rockwell Automation Inc.
      • 6.3.1.6 Schneider Electric SE
      • 6.3.1.7 Siemens AG
      • 6.3.1.8 Yokogawa Electric Corporation
      • 6.3.1.9 STORK, A Fluor Company
      • 6.3.1.10 Turbine Technology Services Corporation
      • 6.3.1.11 Energy Controls Technology Inc.
      • 6.3.1.12 PetroTech Oil & Gas Inc.
      • 6.3.1.13 HollySys Automation Technologies Ltd
      • 6.3.1.14 China Automation Group Limited
    • 6.3.2 Automation System Original Equipment Manufacturers
      • 6.3.2.1 Voith GmbH & Co. KGaA
      • 6.3.2.2 Woodward, Inc.
      • 6.3.2.3 MAN SE
      • 6.3.2.4 Mitsubishi Electric Corporation Ltd.
      • 6.3.2.5 Compressor Controls Corporation
      • 6.3.2.6 Solar Turbines Incorporated
      • 6.3.2.7 Ingersoll Rand Inc.

7 MARKET OPPORTUNITIES AND FUTURE TRENDS