Power Plant Control Systems Market

Power Plant Control Systems Market - Global Size, Share, Trend Analysis, Opportunity and Forecast Report, 2018–2028, Segmented, By Technique (Agglutination Test, Flow-through Test/Immuno-Concentration Assay, Molecular Diagnostics), POC Testing Kits); By Disease (HIV PoC, Clostridium Difficile PoC, HBV PoC, Pneumonia or Streptococcus Associated Infections, Respiratory Syncytial Virus (RSV) PoC, HPV PoC, Influenza/Flu PoC, HCV PoC, MRSA PoC, TB and Drug-Resistant TB PoC, HSV (Herpes Simplex Virus) PoC, Others); By End Use (Hospitals, Clinics, Home, Assisted Living Healthcare Facilities, Laboratories, Others); By Region (North America, Europe, Asia Pacific, Latin America, Middle East and Africa)
- Published Date: September 2022
- Report ID: BWC22372
- Available Format: PDF
- Page: 145
Report Overview
Rapidly increasing demand for clean energy that in results fewer environmental concerns is expected to drive likely to drive global power plant control systems market with an increasing use of renewable plant control systems during the forecast period.
Global Point of Care (PoC) Infectious Disease Testing Market - Overview
Pathogenic microorganisms, such as bacteria, parasites, viruses, and fungi, cause infectious diseases. It may transfer from one person to another directly or inadvertently. Some of the typical signs and symptoms of infectious diseases include fever, muscle aches, diarrhea, and weariness. To find the pathogenic bacteria, numerous laboratory tests, imaging scans, and biopsies are performed. By shortening the time between testing and infection diagnosis, PoC assays for infectious diseases can enhance the identification and management of infectious diseases. PoC testing are now the most effective and efficient method of providing healthcare due to new developments in healthcare, such as healthcare at home.
Global Point of Care (PoC) Infectious Disease Testing Market - Industry Trends & Market Forecast
The global market for PoC infectious disease diagnostics will realize its growth potential because of the miniaturization of PoC testing equipment. Some market trends include the standardization of PoC testing equipment and the acquisition of small businesses. Use of nanotechnology in the diagnosis of infectious diseases attracted significant investments. Despite the enormous efforts made to control infectious diseases, there remains a huge market for affordable, precise, and sensitive PoC solutions. The healthcare sector now has access to a wide range of applications thanks to nanotechnology. The development of PoC platforms based on nanoparticles and nanodevices has received emphasis from several players. A small number of samples in kits created using nanotechnology can be used to diagnose a condition and provide patients with results in real time. As a result, the use of nanotechnology in infectious illness diagnostics yields accurate and timely results.
Growth Drivers
Increasing Prevalence of Infectious and Chronic Diseases
Due to increased rates of chronic diseases and the rise of infectious diseases, the market for point of care diagnostics is anticipated to expand significantly throughout the forecast period. Additionally, the market is anticipated to be driven by the rising popularity of decentralized health systems. Additionally, it is expected that the market would grow during the forecast period due to the adoption of new breakthroughs and technical improvements in the industry by key market players. In the coming years, growth in the PoC diagnostics market is expected because of these factors.
Growing Preference for Decentralized Healthcare System
PoC diagnosis has grown to be an essential component of patient-centric healthcare, because of diverse benefits including rapid turnaround times and the opportunity to make treatment decisions right away. Improvements in patient care have resulted from a preference shift from centralized to decentralized PoC testing for infectious diseases. The market participants’ willingness is driving the industry to offer PoC goods to remote places due to the rising need for quick examinations.
Restraints
Stringent Regulatory Requirements
PoC testing's shortcomings relative to central lab methods and onerous and time-consuming regulatory requirements are the main factors limiting the market's expansion. Accuracy problems at the PoC diagnostic procedures may affect the adoption rate. Most people worldwide who have infectious diseases including HIV, malaria, and tuberculosis live in underdeveloped countries. Lack of clinical expertise and difficult product accessibility brought on by lower per capita spending have resulted in a decline in the use of PoC kits in low- and middle-income countries. It leads to incorrect finding interpretations, which affects the test's accuracy. Consequently, it would impede the market expansion.
Segmental Coverage
Global Point of Care (PoC) Infectious Disease Testing Market - By Technique
Agglutination test, flow-through test/immuno-concentration assay, molecular diagnostics, and others are market segments based on the technique. The lateral flow immunoassay market segment held a major market share. The quicker diagnosis and accessibility of the test kits in decentralized settings are responsible for its leadership. The increasing use of innovations, such as RT-PCR and ELISA in infectious disease PoC testing kits is expected to drive the market by 2028. Additionally, the increase in FDA approvals is going to accelerate the segment's revenue growth. Due to the growing number of market participants working to introduce advanced kits based on the flow-through technique in the international market, the flow-through test/immunoconcentration assay segment is anticipated to expand at a significant CAGR during the forecast period.
Global Point of Care (PoC) Infectious Disease Testing Market - By Disease
HIV, hepatitis B virus, pneumonia/streptococcus related infections, respiratory syncytial virus, influenza, clostridium difficile infections (CDI), hepatitis C virus, MRSA, tuberculosis, and others are the different disease segments in the Global Point of Care (PoC) Infectious Disease Testing market by disease. The burden of underdiagnosis and the rising frequency of infectious diseases around the world have sped up the use of PoC testing kits and boosted industry growth. As influenza is the primary cause of acute respiratory infection, these diagnostic products are being used more frequently for effective illness management. Additionally, it is projected that the increased R&D investments for sophisticated PoC kits in emerging countries will accelerate the expansion of the influenza category.
Global Point of Care (PoC) Infectious Disease Testing Market - By End
User
Hospital bedside, doctor's office lab, urgent care & retail clinics, home & self-testing, nursing homes, and others are the end-user segments in the Global Point of Care (PoC) Infectious Disease Testing market. During the period in analysis, the hospital bedside segment is expected to hold a commanding market share. The rise in hospital stays by patients with infectious diseases is to blame for its domination. The need for infectious disease PoC diagnostics in hospital settings has increased because of this. By the end of the forecast period, the home & self-testing segment is expected to have grown significantly due to the rising preference shift of patients from hospital to home care diagnosis. The urgent care & clinics segment is expected to grow at a higher CAGR during the forecast period due to the increased number of stand-alone urgent care & clinics in developed and emerging countries.
Impact of COVID-19 on Global Point of Care (PoC) Infectious Disease Testing Market
Numerous sectors were impacted by the COVID-19 pandemic in terms of revenue and output. The pandemic has, however, had a favorable effect on the healthcare industry. Due to an increase of COVID-19 cases and a rise in the need for frequent tests, PoC diagnostics were in high demand. Major market firms have introduced innovative items in response to consumer demand during the pandemic. These elements supported the Global Point of Care (PoC) Infectious Disease Testing market expansion during the pandemic period.
Regional Insights
Due to an increase in infectious disease incidences and the frequency of chronic diseases among its population, North America currently holds a disproportionately large part of the global market for PoC diagnostics. Due to advantageous reimbursement policies that are predicted to increase service demand, the regional market growth is anticipated to continue during the period in analysis. The rising production of innovative goods, Europe is forecast to hold the second-highest position in the global market during the projection period. Additionally, rising government R&D investments would fuel the regional market expansion. As more market participants are entering the region and PoC diagnostics kits are being used more frequently, the market in Asia Pacific (APAC) will grow at the fastest rate. Additionally, market participants in the APAC region are investing heavily, which will increase demand for innovative goods. Due to a lack of knowledge about the advantages of PoC diagnostics among the healthcare community, Latin America and the Middle East and Africa made up a significantly smaller portion of the market.
Competitive Landscape
ThermoFisher Scientific Inc., Alere Inc., Calypte Biomedical Corporation, Chembio Diagnostic Systems, Inc., Meridian Bioscience, Inc., MedMira, Inc., Trinity Biotech plc, Sekisui Diagnostics, OraSure Technologies, Inc., and Quidel Corporation are major players in the global PoC infectious disease diagnostics market.
Recent Developments
- In April 2021, Chembio Diagnostics, Inc., released the quick PoC COVID-19/Flu A&B test. Results of the test are available in 15 minutes.
- In March 2021, Roche launched the Cobas SARS-CoV-2 Variant Set 1 Test. The test is designed to find COVID-19 variations that are present in the UK, South Africa, and Brazil.
Scope of the Report
Attributes | Details |
Years Considered | Historical Data – 2018–2021 |
Base Year – 2021 | |
Estimated Year – 2022 | |
Forecast Period – 2022–2028 | |
Facts Covered | Revenues in USD Billion |
Market Coverage | North America, Europe, Asia Pacific, Latin America, Middle East and Africa |
Product Service/Segmentation | By Component, By Solution, By Application, By Plant Type, By Region |
Key Players | ABB, Emerson Company, Rockwell Company, GE Company, Valmet Company, OMRON Company, ETAP Company, Wago Company, Toshiba Company, EFFACEC Company, Power Solutions, OMRON, Hitachi, Honeywell, and Schweitzer Engineering Laboratories |
By Technique
- Lateral Flow
- Agglutination Assays
- Flow-Through Test
- Molecular Diagnostics
- Others
By Disease
- HIV POC
- Clostridium difficile POC
- HBV POC
- Pneumonia or Streptococcus associated infections
- Respiratory syncytial virus (RSV) POC
- HPV POC
- Influenza/Flu POC
- HCV POC
- MRSA POC
- TB and drug-resistant TB POC
- HSV (Herpes Simplex Virus) POC
- Others
By End Use
- Hospitals
- Clinics
- Home
- Assisted Living Healthcare Facilities
- Laboratories
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Research Framework
- Research Objective
- Product Overview
- Market Segmentation
- Research Methodology
- Qualitative Research
- Primary & Secondary Research
- Quantitative Research
- Market Breakdown & Data Triangulation
- Secondary Research
- Primary Research
- Breakdown of Primary Research Respondents, By Region
- Assumption & Limitation
- Qualitative Research
- Executive Summary
- Global Power Plant Control Systems Market Insights
- Industry Value Chain Analysis
- DROC Analysis
- Growth Drivers
- Restraints
- Opportunities
- Challenges
- Technological Advancement/Recent Development
- Regulatory Framework
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of New Entrants
- Threat of Substitutes
- Intensity of Rivalry
- Global Power Plant Control Systems Market Overview
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Component
- Software
- Hardware
- Services
- By Solution
- Supervisory Control &Data Acquisition
- Plant Asset Management
- Distributed Control System
- Programmable Logic Controller
- Plant Lifecycle Management
- By Application
- Boiler & Auxiliaries Control
- Generator Excitation & Electrical Control
- Turbine & Auxiliaries Control Systems
- Others
- By Plant Type
- Coal
- Oil
- Natural Gas
- Nuclear
- Hydroelectric
- Renewables
- Others
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- By Component
- Market Size & Forecast by Value, 2018–2028
- North America Power Plant Control Systems Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Components
- By Solution
- By Application
- By Solution
- By Country
- United States
- Canada
- Market Size & Forecast by Value, 2018–2028
- Europe Power Plant Control Systems Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Components
- By Solution
- By Application
- By Plant Type
- By Country
- Germany
- United Kingdom
- Italy
- France
- Spain
- The Netherlands
- NORDIC Countries
- Rest of Europe
- Market Size & Forecast by Value, 2018–2028
- Asia-Pacific Power Plant Control Systems Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Components
- By Solution
- By Application
- By Plant Type
- By Country
- China
- India
- Japan
- South Korea
- Australia
- Southeast Asian Countries
- Rest of Asia-Pacific
- Market Size & Forecast by Value, 2018–2028
- Latin America Power Plant Control Systems Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Components
- By Solution
- By Application
- By Plant Type
- By Country
- Brazil
- Mexico
- Argentina
- Peru
- Colombia
- Rest of Latin America
- Market Size & Forecast by Value, 2018–2028
- Middle East & Africa Power Plant Control Systems Market
- Market Size & Forecast by Value, 2018–2028
- By Value (USD Million)
- Market Share & Forecast
- By Components
- By Solution
- By Application
- By Plant Type
- By Country
- Saudi Arabia
- UAE
- South Africa
- Rest of Middle East & Africa
- Market Size & Forecast by Value, 2018–2028
- Competitive Landscape
- List of Key Players and Their Offerings
- Market Share Analysis, 2021
- Competitive Benchmarking, By Operating Parameters
- Key Strategic Development (Merger, Acquisition, Partnership, etc.)
- Impact of Covid-19 on Global Power Plant Control Systems Market
- Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
- ABB
- Emerson Company
- Rockwell Company
- GE Company
- Valmet Company
- OMRON Company
- ETAP Company
- Wago Company
- Toshiba Company
- EFFACEC Company
- Power Solutions
- OMRON
- Hitachi
- Honeywell,
- Schweitzer Engineering Laboratories
- Other Prominent Players
- Key Strategic Recommendations
*Financial information in case of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
Figure 1: Global Power Plant Control Systems Market Segmentation
Figure 2: Global Power Plant Control Systems Industry Value Chain Analysis
Figure 3: Global Power Plant Control Systems Market Size, By Value (USD Million), 2018–2028
Figure 4: Global Power Plant Control Systems Market Share (%), By Components, By Value, 2018–2028
Figure 5: Global Power Plant Control Systems Market Share (%), By Solution, By Value, 2018–2028
Figure 6: Global Power Plant Control Systems Market Share (%), By Application, By Value, 2018–2028
Figure 7: Global Power Plant Control Systems Market Share (%), By Plant Type, By Value, 2018–2028
Figure 8: Global Power Plant Control Systems Market Share (%), By Country, By Value, 2018–2028
Figure 9: North America Power Plant Control Systems Market Size, By Value (USD Million), 2018–2028
Figure 10: North America Power Plant Control Systems Market Share (%), By Components, By Value, 2018–2028
Figure 11: North America Power Plant Control Systems Market Share (%), By Solution, By Value, 2018–2028
Figure 12: North America Power Plant Control Systems Market Share (%), By Application, By Value, 2018–2028
Figure 13: North America Power Plant Control Systems Market Share (%), By Plant Type, By Value, 2018–2028
Figure 14: North America Power Plant Control Systems Market Share (%), By Country, By Value, 2018–2028
Figure 15: Europe Power Plant Control Systems Market Size, By Value (USD Million), 2018–2028
Figure 16: Europe Power Plant Control Systems Market Share (%), By Components, By Value, 2018–2028
Figure 17: Europe Power Plant Control Systems Market Share (%), By Solution, By Value, 2018–2028
Figure 18: Europe Power Plant Control Systems Market Share (%), By Application, By Value, 2018–2028
Figure 19: Europe Power Plant Control Systems Market Share (%), By Plant Type, By Value, 2018–2028
Figure 20: Europe Power Plant Control Systems Market Share (%), By Country, By Value, 2018–2028
Figure 21: Asia-Pacific Power Plant Control Systems Market Size, By Value (USD Million), 2018–2028
Figure 22: Asia-Pacific Power Plant Control Systems Market Share (%), By Components, By Value, 2018–2028
Figure 23: Asia-Pacific Power Plant Control Systems Market Share (%), By Solution, By Value, 2018–2028
Figure 24: Asia-Pacific Power Plant Control Systems Market Share (%), By Application, By Value, 2018–2028
Figure 25: Asia-Pacific Power Plant Control Systems Market Share (%), By Plant Type, By Value, 2018–2028
Figure 26: Asia-Pacific Power Plant Control Systems Market Share (%), By Country, By Value, 2018–2028
Figure 27: Latin America Power Plant Control Systems Market Size, By Value (USD Million), 2018–2028
Figure 28: Latin America Power Plant Control Systems Market Share (%), By Components, By Value, 2018–2028
Figure 29: Latin America Power Plant Control Systems Market Share (%), By Solution, By Value, 2018–2028
Figure 30: Latin America Power Plant Control Systems Market Share (%), By Application, By Value, 2018–2028
Figure 31: Latin America Power Plant Control Systems Market Share (%), By Plant Type, By Value, 2018–2028
Figure 32: Latin America Power Plant Control Systems Market Share (%), By Country, By Value, 2018–2028
Figure 33: Middle East & Africa Power Plant Control Systems Market Size, By Value (USD Million), 2018–2028
Figure 34: Middle East & Africa Power Plant Control Systems Market Share (%), By Components, By Value, 2018–2028
Figure 35: Middle East & Africa Power Plant Control Systems Market Share (%), By Solution, By Value, 2018–2028
Figure 36: Middle East & Africa Power Plant Control Systems Market Share (%), By Application, By Value, 2018–2028
Figure 37: Middle East & Africa Power Plant Control Systems Market Share (%), By Plant Type, By Value, 2018–2028
Figure 38: Middle East & Africa Power Plant Control Systems Market Share (%), By Country, By Value, 2018–2028
Figure 39: Global Power Plant Control Systems Market Share Analysis, 2021
List of Tables
Table 1: Global Power Plant Control Systems Market Size, By Components, By Value (USD Million), 2018–2028
Table 2: Global Power Plant Control Systems Market Size, By Solution, By Value (USD Million), 2018–2028
Table 3: Global Power Plant Control Systems Market Size, By Application, By Value (USD Million), 2018–2028
Table 4: Global Power Plant Control Systems Market Size, By Plant Type, By Value (USD Million), 2018–2028
Table 5: Global Power Plant Control Systems Market Size. By Country, By Value (USD Million), 2018–2028
Table 6: North America Power Plant Control Systems Market Size, By Components, By Value (USD Million), 2018–2028
Table 7: North America Power Plant Control Systems Market Size, By Solution, By Value (USD Million), 2018–2028
Table 8: North America Power Plant Control Systems Market Size, By Application, By Value (USD Million), 2018–2028
Table 9: North America Power Plant Control Systems Market Size, By Plant Type, By Value (USD Million), 2018–2028
Table 10: North America Power Plant Control Systems Market Size (USD Million), By Country, By Value 2018–2028
Table 11: Europe Power Plant Control Systems Market Size, By Components, By Value (USD Million), By Value 2018–2028
Table 12: Europe Power Plant Control Systems Market Size, By Solution, By Value (USD Million), By Value 2018–2028
Table 13: Europe Power Plant Control Systems Market Size, By Application, By Value (USD Million), By Value 2018–2028
Table 14: Europe Power Plant Control Systems Market Size, By Plant Type, By Value (USD Million), By Value 2018–2028
Table 15: 40 Europe Power Plant Control Systems Market Size (USD Million), By Country, By Value 2018–2028
Table 16: Asia-Pacific Power Plant Control Systems Market Size, By Components, By Value (USD Million), By Value 2018–2028
Table 17: Asia-Pacific Power Plant Control Systems Market Size (USD Million), By Components, By Value 2018–2028
Table 18: Asia-Pacific Power Plant Control Systems Market Size (USD Million), By Solution, By Value 2018–2028
Table 19: Asia-Pacific Power Plant Control Systems Market Size (USD Million), By Application, By Value 2018–2028
Table 20: Asia-Pacific Power Plant Control Systems Market Size (USD Million), By Plant Type, By Value 2018–2028
Table 21: Asia-Pacific Power Plant Control Systems Market Size (USD Million), By Country, By Value 2018–2028
Table 22: Latin America Power Plant Control Systems Market Size, By Components, By Value (USD Million), By Value 2018–2028
Table 23: Latin America Power Plant Control Systems Market Size, By Solution, By Value (USD Million), 2018–2028
Table 24: Latin America Power Plant Control Systems Market Size, By Application, By Value (USD Million), 2018–2028
Table 25: Latin America Power Plant Control Systems Market Size, By Plant Type, By Value (USD Million), 2018–2028
Table 26: Latin America Power Plant Control Systems Market Size (USD Million), By Country, By Value 2018–2028
Table 27: Middle East & Africa Power Plant Control Systems Market Size, By Components, By Value (USD Million), 2018–2028
Table 28: Middle East & Africa Power Plant Control Systems Market Size, By Solution, By Value (USD Million), 2018–2028
Table 29: Middle East & Africa Power Plant Control Systems Market Size, By Application, By Value (USD Million), 2018–2028
Table 30: Middle East & Africa Power Plant Control Systems Market Size, By Plant Type, By Value (USD Million), 2018–2028
Table 31: Middle East & Africa Power Plant Control Systems Market Size (USD Million), By Country, By Value 2018–2028
Table 32: List of Key Players and Their Offerings
Table 33: Competitive Benchmarking, by Operating Parameters
Table 34 ABB Company Overview
Table 35 ABB Company Financial Overview
Table 36 Emerson Company Overview
Table 37 Emerson Company Financial Overview
Table 38 Rockwell Company Overview
Table 39 Rockwell Company Financial Overview
Table 40 GE Company Overview
Table 41 GE Company Financial Overview
Table 42 Valmet Company Overview
Table 43 Valmet Company Financial Overview
Table 44 OMRON Company Overview
Table 45 OMRON Company Financial Overview
Table 46 ETAP Company Overview
Table 47 ETAP Company Financial Overview
Table 48 Wago Company Overview
Table 49 Wago Company Financial Overview
Table 50 Toshiba Company Overview
Table 51 Toshiba Company Financial Overview
Table 52 EFFACEC Company Overview
Table 53 EFFACEC Company Financial Overview
Table 54 Power Solutions Company Overview
Table 55 Power Solutions Financial Overview
Table 56 OMRON Company Overview
Table 57 OMRON Financial Overview
Table 58 Hitachi Company Overview
Table 59 Hitachi Financial Overview
Table 60 Honeywell Company Overview
Table 61 Honeywell Financial Overview
Table 62 Schweitzer Engineering Laboratories Company Overview
Table 63 Schweitzer Engineering Laboratories Financial Overview
Market Segmentation
By Technique
- Lateral Flow
- Agglutination Assays
- Flow-Through Test
- Molecular Diagnostics
- Others
By Disease
- HIV POC
- Clostridium difficile POC
- HBV POC
- Pneumonia or Streptococcus associated infections
- Respiratory syncytial virus (RSV) POC
- HPV POC
- Influenza/Flu POC
- HCV POC
- MRSA POC
- TB and drug-resistant TB POC
- HSV (Herpes Simplex Virus) POC
- Others
By End Use
- Hospitals
- Clinics
- Home
- Assisted Living Healthcare Facilities
- Laboratories
- Others
By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
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