Friday 26 April 2019

Global Automation Control in Power Generation Market 2019 Trends And Top Vendors – ABB, General Electric, Honeywell, Rockwell Automation, Schneider Electric, Siemens

Researchmoz added Most up-to-date research on "Global Automation Control in Power Generation Market Research Report 2019" to its huge collection of research reports.

Automation Control in Power Generation Market report includes (6 Year Forecast 2019-2025) includes Overview, classification, industry value, price, cost and gross profit. It also offers in-intensity insight of the Automation Control in Power Generation industry masking all vital parameters along with, Drivers, Market Trends, Market Dynamics, Opportunities, Competitive Landscape, Price and Gross Margin, Automation Control in Power Generation market Share via Region, New Challenge Feasibility Evaluation, Analysis and Guidelines on New mission Investment.

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Automation solutions for the power generation sector address physical barriers of power generation in plants and provide stable power supply without any major interruptions. These solutions ensure accurate measurement of emissions occurring in the plant and help in real-time monitoring and controlling of power plants operations.

The latest trend gaining momentum in the market is emergence of integrated solutions. The automation solution vendors are providing integrated solutions with unique software architecture for all the solutions offered by them. The uniform platform integrates the power plant automation systems as well as electrical, IT solutions, and diagnostics of a power plant. The major advantage of using such uniform platform is the maximization of data consistency and minimization of interfaces. For instance, Siemens offers SPPA-T3000 in its SPPA solutions with Embedded Core Software (ECS).

According to the report, one of the major drivers for this market is Continued growth of highly scalable control solutions. Advances in the process control technology led power generation providers to realize the performance advantages of a true distributed control at a reduced cost. Many automation control solution vendors are offering purpose-built solutions that can be customized irrespective of scope, integrating entire business operations. The evolution of automation control solutions has led to the innovation of process control functionality and real-time data connectivity between the power plant and grid.

Further, the report states that one of the major factors hindering the growth of this market is Threat of cybersecurity. The threat of cybersecurity is a major challenge faced by automation control systems. Increased adoption of IoT and automation control systems have resulted in increased vulnerability to cyberattacks, leading to data loss. Software packages offered by third-party vendors are more vulnerable to cyber-attacks, as the level of security offered is very low. For instance, SCADA and other control systems are often infected by a worm named HAVEX, which is capable of erasing the entire data and giving unauthorized commands.

The global Automation Control in Power Generation market is valued at 3120 million US$ in 2018 is expected to reach 4570 million US$ by the end of 2025, growing at a CAGR of 5.6% during 2019-2025.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

The following manufacturers are covered:
ABB
General Electric
Honeywell
Rockwell Automation
Schneider Electric
Siemens
...

Segment by Regions
North America
Europe
China
Japan

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Segment by Type
Distributed control system (DCS)
Supervisory control and data acquisition (SCADA)
Programmable logic controller (PLC)
Manufacturing execution system (MES)

Segment by Application
Renewable
Non-renewable

List of Tables and Figures

Figure Picture of Automation Control in Power Generation
Table Global Automation Control in Power Generation Production (K Units) Growth Rate Comparison by Types (2014-2025)
Figure Global Automation Control in Power Generation Production Market Share by Types in 2018
Figure Distributed control system (DCS) Product Picture
Table Distributed control system (DCS) Major Manufacturers
Figure Supervisory control and data acquisition (SCADA) Product Picture
Table Supervisory control and data acquisition (SCADA) Major Manufacturers
Figure Programmable logic controller (PLC) Product Picture

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