India Power Plant Control System Market, By Component (Hardware, Software and Services), By Solution (Supervisory Control & Data Acquisition (SCADA), Plant Asset Management (PAM), Distributed Control System (DCS), Programmable Logic Controller (PLC) and Plant Lifecycle Management (PLM)), By Application (Boiler & Auxiliaries Control, Generator Excitation & Electrical Control, Turbine & Auxiliaries

Published Date: December - 2024 | Publisher: MIR | No of Pages: 320 | Industry: Power | Format: Report available in PDF / Excel Format

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India Power Plant Control System Market, By Component (Hardware, Software and Services), By Solution (Supervisory Control & Data Acquisition (SCADA), Plant Asset Management (PAM), Distributed Control System (DCS), Programmable Logic Controller (PLC) and Plant Lifecycle Management (PLM)), By Application (Boiler & Auxiliaries Control, Generator Excitation & Electrical Control, Turbine & Auxiliaries

India power plant control system market is expected to grow at a robust rate over the next five years. The market growth can be attributed to an enhanced focus on alternative energy production and the growing installation of power plant control systems in the country. Besides, the rising influx of renewable sources in the energy mix, increased power consumption, and government initiatives toward the adoption of industrial automation are propelling the growth of India power plant control system market. Additionally, the rising need for critical power applications and increasing data center investments are anticipated to fuel the growth of India power plant control system market. Rapid digitalization and adoption of digital solutions such as IIoT, digital twin, and predictive maintenance are anticipated to fuel India power plant control system market. The rising trend of decarbonization and increased investments in renewable power plants are contributing to the growth of India power plant control system market. Major macroeconomic factors such as increasing urbanization and industrialization coupled with steady economic growth in the country are leading to the greater need for electricity consumption, which are anticipated to propel India plant control system market in the coming years.

Some of the leading players in the India Power Plant Control System market are Siemens, Toshiba, Mitsubishi Electric, Benchmarking, Emerson, ABB, GE, Hitachi, Rockwell, Honeywell, etc.

Objective of the Study

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Market insights research performed both primary as well as exhaustive secondary research for this study. Initially, Market insights research sourced a list of collaboration manufacturers across India. Subsequently, Market insights research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, Market insights research could include the manufacturer which could not be identified due to the limitations of secondary research. Market insights research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the India.

Market insights research calculated the market size of

Key Target Audience

  • Manufacturers
  • Power plant project developers
  • Companies related to electric power generation
  • Energy efficiency consultants
  • End Users
  • Research organizations and consulting companies
  • Research Institutes
  • Industry associations
  • Market research and consulting firm.

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer, distributors and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2022

Historical Data

2018 â€“ 2021

Estimated Year

2023

Forecast Period

2024 – 2028

Quantitative Units

Revenue in USD Million and CAGR for 2018- 2022 and 2023E-2028F

Report coverage

Revenue forecast, company share, competitive landscape, growth factors, and trends

Segments covered

·         Component

·         Solution

·         Application

·         Plant Type

Regional scope

North, South, East, West

Key companies profiled

Siemens, Toshiba, Mitsubishi Electric, Benchmarking, Emerson, ABB, GE, Hitachi, Rockwell, Honeywell.

Customization scope

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Table of Content

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List Tables Figures

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