Overview of Power Plant Control System Market | MarketsandMarkets Blog - 0 views
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Almira Coyne on 08 Apr 20Growing demand for electricity across the globe and advancements in technology such as automation of power generation has enabled intelligent operations of power plants, with most of the operations of thermal power plants being controllable from a control room. Moreover, adverse effects on environment and rise in global warming have also led to the increased adoption of industrial automation, thereby boosting the growth of the overall market for power plant control systems. Market overview The global power plant control system market which was valued at USD 4.70 Billion in 2017 is predicted to be worth USD 6.22 Billion by 2022, growing at a CAGR of 5.78% during the forecast period from 2017 to 2022.