New ARC Advisory Group research on the Turbine Monitoring and Controls market reveals that with Industrial IoT, smart turbines could considerably improve industrial processes, driving the use of more automation. In addition, Industrial IoT offers opportunities to apply new kinds of business models that will promote growth.
“Turbine monitoring and controls solutions are slowly being updated with new features to fulfill many market demands and increase their value proposition, such as the growing demand for smart connected products based on Industrial IoT. Smart connected turbines provide opportunities to increase operational efficiency from the plant floor (or the platform) to the supply chain by optimizing data, information, and analytics ranging,” according to Tim Shea, Senior Analyst at ARC Advisory Group and key author of ARC’s Turbine Monitoring and Controls Global Market Research report.
About the Turbine Monitoring and Controls Research
This ARC research explores current and historical market performance and related technology and business trends, identifies leading technology suppliers, and provides five-year global forecasts for the turbine monitoring and controls market. This new research is based on ARC’s industry-leading market research database, extensive primary and secondary research, and proprietary economic modelling techniques. The research includes competitive analysis, plus four-year market forecasts by industry, turbine type, deployment model, revenue, application, sales channels, and customers.
This new research is available in a variety of formats to meet the specific research and budgetary requirements of a wide variety of organizations. These include a:
- Market Intelligence Workbook (Excel) – personalized spreadsheet includes four years of historical data in addition to the current base year market data and five-year market forecast. This workbook enables licensed users to freely manipulate the data to make it easier to analyze the latest data for business intelligence and generate custom reports.
- Concise Market Analysis Report (PDF) – provides an executive-level summary of the current market dynamics, market forecasts, and competitive analysis, plus an overview of strategic issues. The PDF is available with or without detailed charts.
For more information on this and other available ARC market research, please visit our Market Data & Studies section.