Latest Strategic Acquisition in Power Plant Control System Market
Power Plant Control System Market is projected to reach USD 10.2 billion by 2026 from an estimated USD 7.2 billion in 2021, at a CAGR of 7.3% during the forecast period. The growing need for zero downtime power supply solutions for critical power applications is the major driver of the rotary or power plant control system market. The advantages of rotary UPS such as high efficiency, fewer space...
Power Plant Control System Market 2018 Dynamics – ABB, Siemens, Schneider Electric, Emerson, and GE
The global power plant control system market is projected to reach USD 6.22 billion by 2022, growing at a CAGR of 5.78%, from an estimated USD 4.70 billion in 2017. The growth of the power plant control system market is majorly driven by the increase in alternative energy programs, the increase in the buoyant power sector and augmented power generation capacities worldwide, and government initiatives...