The Turbine Monitoring and Controls market research study delivers current market analysis plus a five-year market and technology forecast. This report provides a concise analysis of the turbine monitoring and controls market. The scope of the research is primarily on the aftermarket and retrofit opportunity. The study is available in multiple editions including worldwide, all regions, and most major countries.
Turbine Monitoring and Controls Enable Turbine Optimization
Companies face continued challenges to raise productivity, lower production costs, lower oil extraction and refinement costs, reduce manufacturing operating expenses, and increase return on investment in order to compete in the global market. Optimizing turbine performance and up-time can play a critical role in helping companies realize operational excellence.
The Turbine Monitoring & Controls market, including hardware, software, and services, is somewhat dynamic with major segments experiencing strong product innovation. This market has tremendous opportunities with steady growth driven by replacement of legacy turbine monitoring & controls with new features to fulfill many market demands and increase their value proposition, such as the growing demand for smart connected products based on Industrial IoT.
The drive for process manufacturing productivity growth, for which turbine optimization is critical, is pushing companies to invest in new turbine monitoring and controls for various process industries applications driven by cross-industry movements, including digitalization, Industrial IoT, and Industrie 4.0. Furthermore, the advances in data quality, software processing, and ease of use continue to increase the value proposition for end users.
Actionable Information on Turbine Monitoring and Controls Market
In addition to providing a five-year market forecast, the Turbine Monitoring & Controls market research market research report provides detailed quantitative current market data and addresses key strategic issues for both suppliers and potential buyers of these systems.
Operational Challenges Across a Plethora of industries Mandate Turbine Optimization
Companies operating turbines in the plant or on the offshore platform continue to face the challenges of increasing efficiency, reducing energy consumption, and maintaining turbine and related process operational uptime (i.e., minimizing downtime). Investing in new and improved turbine monitoring and controls across all three turbine types covered has been benefiting most users. The turbine monitoring & controls market has requirements, standards, and capabilities that vary by industry. The study addresses the unique requirements and standards for turbine monitoring & controls used by a broad base of industries.
Impact of COVID-19 Pandemic Felt in 2020 But Recovery Coming in 2021
While the COVID-19 pandemic did not impact the 2019 demand for turbine monitoring & controls, the market projections do take into account industry trends with our best estimates for how COVID-19 will impact the turbine monitoring & controls market in different industries.
Turbine Monitoring and Controls Study Formats and Editions Available
This market study may be purchased as an Excel Workbook and/or as a concise, executive-level Market Analysis Report (PDF). The Workbook has some unique features such as the ability to select local currency. Regional studies include country and industry market data. Studies and formats available are listed below:
MIRA Workbook | Market Analysis PDF | |
Worldwide (includes regional data) | Yes | Yes |
North America (includes country data) | Yes | No |
Latin America (includes country data) | Yes | No |
Europe, Middle East, Africa (includes country data) | Yes | No |
Asia (includes country data) | Yes | No |
Country Profiles (includes Country Data) | No | Yes |
Countries included in each region
Table of contents for these studies is shown in the following paragraphs.
Worldwide Research Focus Areas
Strategic Analysis
- Major Trends
- Regional Trends
- Industry Trends
- Strategies for Buyers and Suppliers
Competitive Analysis
- Market Shares of the Leading Suppliers
- Market Shares by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Market Shares by Revenue Category
- Hardware
- Software
- Services
- Market Shares by Application
- Control
- Monitoring
- Market Shares by Turbine Type
- Gas
- Steam
- Water/Hydro
- Market Shares by Deployment Model
- Cloud
- Hosted
- On Premise
- Market Shares by Industry
- Automotive
- Chemical
- Electric Power Generation
- Food & Beverage
- Metals
- Mining
- Oil & Gas
- Pulp & Paper
- Refining
- Water & Waste Water
- Market Shares by Sales Channel
- Market Shares by Customer Type
Market Forecasts & History
- Total Shipments of Turbine Monitoring & Controls
- Shipments by Region
- North America
- Europe, Middle East, Africa
- Asia
- Latin America
- Shipments by Revenue Category
- Hardware
- Software
- Services
- Shipments by Application
- Control
- Monitoring
- Shipments by Turbine Type
- Gas
- Steam
- Water/Hydro
- Shipments by Deployment Model
- Cloud
- Hosted
- On Premise
- Shipments by Industry
- Automotive
- Chemical
- Electric Power Generation
- Food & Beverage
- Metals
- Mining
- Oil & Gas
- Pulp & Paper
- Refining
- Water & Waste Water
- Shipments by Sales Channel
- Shipments by Customer Type
Industry Participants
The research identifies all relevant suppliers serving this market.
Regional Research Focus Areas
Strategic Analysis
Competitive Analysis
- Leading Suppliers in Region
- Industry Shares in Region
- Country Shares in Region
- Leading Suppliers by Industry
Market History & Forecast Analysis
- Market History & Forecast by Country
- Market History & Forecast by Industry
Industry Participants
Country Research Focus Areas
Contact us for the countries available for this study.