The global steam turbine control system market is expected to grow at a significant CAGR during the forecast period (2021-2027). Turbine control systems are digital systems that regulate and protect many types of turbines, such as hydro, steam, wind, and gas turbines. Algorithms and electronics operations included in the hardware and software components power the turbine control system. Owing to the increased demand for renewable energy projects and government measures to support them, the turbine control system market is growing at a quicker rate. Turbines are the most essential capital equipment investment as they are utilized in steam turbine power generation, oil and gas, and process facilities. Turbine control systems are also closely related to production and plant safeguarding.

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Turbine control systems are critical in the energy generation, manufacturing, and process sectors. Turbine control systems increase turbine equipment production by increasing its efficiency. Natural gas' availability, along with its growing uses across a variety of end-user sectors, particularly power production, is projected to drive global natural gas consumption. The increasing usage of natural gas is expected to drive demand for turbine-based power plants, which will, in turn, drive demand for steam turbine control systems.

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Many countries, including the US, China, and UK, have begun to transition away from coal and toward natural gas or renewable energy to cut emissions. Natural gas demand increased by 4.6 % in 2018, due to the implementation of efficient gas turbines and the inherent environmental benefits associated with natural gas. Natural gas-based power production now accounts for more than half of global demand growth. According to a new Environmental Impact (EIA) study, the US gas demand increased by 10% in 2018. The electricity industry has led this growth.

Global Steam Turbine Control System Market – Segmentation
By Component
HMI
Sensors
Controllers
Software
Others
By Function
Temperature Control
Speed Control
Load Control
Pressure Control
Others

Global Steam Turbine Control System Market – Segmentation by Region 
North America 
United States
Canada
Europe
Germany
United Kingdom
France
Spain
Italy
Rest of Europe
Asia-Pacific 
China
Japan
India
Rest of Asia-Pacific
Rest of the World

Company Profiles
ABB Ltd.
Siemens AG
General Electric Co.
Emerson Electric Co.
Honeywell International Inc.

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