Power
Plant Control System Market Growth, Trends, Industry Analysis and Forecast -
2031

The
global power plant control system market is anticipated to grow at a CAGR of
5.4% during the forecast period (2024-2031). The power plants are rapidly
adopting the power plant control systems to ease their operations. For
instance, in August 2021, Arevon Energy, Inc. announced to use Nextracker’s NX
Horizon smart solar trackers with TrueCapture and NX Navigator optimization
software in their 1.5 gigawatts (GW) projects in Indiana and Nevada. 

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These
software and control systems will provide advanced monitoring, control, and
asset management facilities to Arevon. Such widespread adoption of power plant
control systems is expected to continue during the forecast period which will
drive its market considerably during the forecast period.

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Market
Coverage

•             Segment Covered- 

o             By Solution

o             By Power Plant Type

•             Regions Covered-

o             North America

o             Europe

o             Asia-Pacific

o             Rest of the World

•             Competitive Landscape- including
ABB Ltd., GE Co.,Emerson Electric Co.,Hitachi Ltd.,Honeywell International,
Inc.,Mitsubishi Electric,Siemens AG, Toshiba Corp.

Key
questions addressed by the report

•             What is the market growth rate?

•             Which segment and region dominate
the market in the base year?

•             Which segment and region will
project the fastest growth in the market?

•             How has COVID-19 impacted the
market?

o             Deviation from the pre-COVID-19
forecast

o             Most affected region and segment

•             Who is the leader in the market?

•             How players are addressing
challenges to sustain growth?

•             Where is the investment
opportunity?

Global
Power Plant Control System Market Report Segment

By
Solution

•                
Supervisory Control & Data Acquisition (SCADA)

•                
Programmable Logic Controller (PLC)

•                
Distributed Control System (DCS)

•                
Plant Asset Management (PAM)

•                
Plant Lifecycle Management (PLM)

By
Power Plant Type

•                
Coal

•                
Hydroelectric

•                
Natural Gas

•                
Nuclear

•                
Renewable

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