According to TechSci Research, Vietnam Power Plant Control System Market is expected to grow at a robust CAGR over the next five years. The key factors driving the power plant control system market are rising influx of renewable sources in the energy mix, increased power consumption and expanding fuel efficiency in power generation. Based on application, the market is segmented as Boiler & Auxiliaries Control, Generator Excitation & Electrical Control, Turbine & Auxiliaries Control System and Others.
In 2021, the generator excitation & electrical control segment has the largest market share and is expected to maintain its dominance over the next five years as well. Moreover, driven by industry expansion and population growth, demand for electricity is increasing in Vietnam which will further drive the Vietnam Power Plant Control System Market over the next five years.
Some of the leading players in the Vietnam Power Plant Control System market are Emerson, ABB, GE, Hitachi, Siemens, Toshiba, Mitsubishi Electric, Benchmarking, Rockwell, Honeywell, etc.
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Objective of the Study:
- To analyse and forecast the market size of Vietnam Power Plant Control System, in terms of value.
- To classify and forecast Vietnam Power Plant Control System based on component, solution, application, plant type and regional distribution.
- To identify drivers and challenges for Vietnam Power Plant Control System.
- To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Vietnam Power Plant Control System.
- To conduct the pricing analysis for Power Plant Control System.
- To identify and analyse the profile of leading players involved in the manufacturing of Vietnam Power Plant Control System.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of collaboration manufacturers across Vietnam. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturer which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration manufacturer across the Vietnam.
TechSci Research calculated the market size of Vietnam Power Plant Control System using a bottom-up approach, where data for various end user industries and its application across various product types were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.
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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 | 2021 | |
| Historical Data | 2017 – 2020 | |
| Estimated Year | 2022 | |
| Forecast Period | 2023 – 2027 | |
| Quantitative Units | Revenue in USD Million and CAGR for 2017-2021 and 2022E-2027F | |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends | |
| Segments covered | · Component
· Solution · Application · Plant Type |
|
| Regional scope | Central Region, Northern Region, Southern Region | |
| Key companies profiled | Emerson, ABB, GE, Hitachi, Siemens, Toshiba, Mitsubishi Electric, Benchmarking, Rockwell, Honeywell. | |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. | |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options | |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) | |
Report Scope:
In this report, Vietnam Power Plant Control System market has been segmented into following categories, in addition to the industry trends which have also been detailed below:
- Market, By Component:
- Hardware
- Software
- Services
- Market, By Solution:
- Supervisory Control & Data Acquisition (SCADA)
- Plant Asset Management (PAM)
- Distributed Control System (DCS)
- Programmable Logic Controller (PLC)
- Plant Lifecycle Management (PLM)
- Market, By Application:
- Boiler & Auxiliaries Control
- Generator Excitation & Electrical Control
- Turbine & Auxiliaries Control System
- Others
- Market, By Plant Type:
- Coal
- Oil
- Natural Gas
- Nuclear
- Hydroelectric
- Renewables
- Others
- Market, by Geography:
- North
- South
- Central
Competitive Landscape
Company Profiles: Detailed analysis of the major companies present in Power Plant Control System.
About TechSci Research
TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.
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