This Distributed Control Systems for Electric Power Generation market research study delivers current market analysis plus a five year market and technology forecast. The study is available in multiple editions including worldwide, all regions, and most major countries.
Demand for Distributed Control Systems from Utilities Remains Weak
Demand for distributed control systems (DCS) from the electric power generation industry remains weak, and growth from this vertical is expected to remain sluggish over the forecast period. Several factors contribute to the decline in DCS spending for electric power. First is the shift in primary energy sources for electric power generation going on worldwide. Coal is being replaced by a combination of natural gas (used primarily in combined-cycle generating plants) and renewables. CapEx spending in coal-fired power generation projects is shrinking globally. Nuclear power is also declining in global importance, and instead will become an important source only in some countries. Developing economies are increasingly focusing on renewable energy, which will continue to inhibit DCS growth in the power industry over the forecast period.
Regulatory policy is a critical factor in promoting capital investment in the industry. Although major capital investment occurs several times over the life of most generating plants, investments are typically made when owner-operators are confident the regulatory policy will support their investment for years going forward. For older plants in developed countries, policy uncertainly is higher due to the penetration of renewables and changes to the operation of electric systems.
Distributed Control Systems for Power Generation Strategic Issues
Both automation suppliers and end users strive to get more value from their automation systems. Some key strategic is-sues covered in the report include:
- Address plant assets in a lifecycle context
- Address the utility-scale renewables market
- Load growth slowing in developing regions
- Low to zero load growth in developed regions
Distributed Control Systems for Power Generation Study Formats and Editions Available
This market study may be purchased as an Excel Workbook and/or as a PDF File. The Workbook has some unique features such as the ability to view data in local currency. Regional studies include country and industry market data. Country studies include market trends and industry data. Studies and formats available are listed below:
|MIRA Workbook||PDF File|
|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|
Table of contents for these studies is shown in the following paragraphs.
Worldwide Research Focus Areas
Profiles for the major suppliers servicing this market are included.