The Asia Pacific Automation in Combined Heat and Power Market would witness market growth of 7.9% CAGR during the forecast period (2022-2028).
Solid fuel management application combines fuel quality laboratory evaluations with process data from the DCS, load data from the weighing system, and data on loads from the DCS. It automatically reports gasoline consumption, price, and quantity. The foundation for effective fuel reporting, quality control, and performance monitoring of the entire plant is reliable and seamless handling of the propellant data. The primary performance metrics that reveal the state and efficiency of a process component or unit are calculated, stored, and displayed by a modern performance monitoring program.
Due to its effectiveness and operational flexibility, automation in combined heat and power (CHP) systems serve as the foundation of decentralized energy systems. The end users' energy consumption patterns have a significant impact on the system's configuration, scale, operational philosophy, and interaction with outside energy sources. The modifications in the energy demands for reducing costs and environmental effects are typically regarded as flexible energy demands.
China is attempting to increase it. The research team made five recommendations that, in their opinion, would lead to further energy efficiency gains. As part of the recommendations to accelerate the adoption of CHP, power and heat markets should be improved, heat and power should be priced separately, and energy efficiency and environmental benefits should be considered in CHP market valuations which accelerate the adoption of the automation in combined heat and power to enhance workload.
The China market dominated the Asia Pacific Automation in Combined Heat and Power Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $1.8 billion by 2028. The Japan market is anticipated to grow at a CAGR of 7.2% during (2022 - 2028). Additionally, The India market is exhibiting a CAGR of 8.5% during (2022 - 2028).
Based on Component, the market is segmented into Controllers, Sensors, Switches & Relays, Drives, and Others. Based on Control & Safety System, the market is segmented into Supervisory Control & Data Acquisition System (SCADA), Programmable Logic Controller (PLC), Human Machine Interface (HMI), Distributed Control System (DCS), and Systems Instrumented Systems (SIS). Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Automation in Combined Heat and Power Market is Projected to reach USD 20 Billion by 2028, at a CAGR of 7.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Omron Corporation, ABB Group, Honeywell International, Inc., Schneider Electric SE, Siemens AG, Emerson Electric Co., Mitsubishi Electric Corporation, Valmet Oyj, Yokogawa Electric Corporation and Rockwell Automation, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Controllers
- Sensors
- Switches & Relays
- Drives
- Others
By Control & Safety System
- Supervisory Control & Data Acquisition System (SCADA)
- Programmable Logic Controller (PLC)
- Human Machine Interface (HMI)
- Distributed Control System (DCS)
- Systems Instrumented Systems (SIS)
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Omron Corporation
- ABB Group
- Honeywell International, Inc.
- Schneider Electric SE
- Siemens AG
- Emerson Electric Co.
- Mitsubishi Electric Corporation
- Valmet Oyj
- Yokogawa Electric Corporation
- Rockwell Automation, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Automation in Combined Heat and Power Market, by Component
1.4.2 Asia Pacific Automation in Combined Heat and Power Market, by Control & Safety System
1.4.3 Asia Pacific Automation in Combined Heat and Power Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market composition & scenarios
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographic Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2019-2022)
Chapter 4. Asia Pacific Automation in Combined Heat and Power Market by Component
4.1 Asia Pacific Controllers Market by Country
4.2 Asia Pacific Sensors Market by Country
4.3 Asia Pacific Switches & Relays Market by Country
4.4 Asia Pacific Drives Market by Country
4.5 Asia Pacific Others Market by Country
Chapter 5. Asia Pacific Automation in Combined Heat and Power Market by Control & Safety System
5.1 Asia Pacific Supervisory Control & Data Acquisition System (SCADA) Market by Country
5.2 Asia Pacific Programmable Logic Controller (PLC) Market by Country
5.3 Asia Pacific Human Machine Interface (HMI) Market by Country
5.4 Asia Pacific Distributed Control System (DCS) Market by Country
5.5 Asia Pacific Systems Instrumented Systems (SIS) Market by Country
Chapter 6. Asia Pacific Automation in Combined Heat and Power Market by Country
6.1 China Automation in Combined Heat and Power Market
6.1.1 China Automation in Combined Heat and Power Market by Component
6.1.2 China Automation in Combined Heat and Power Market by Control & Safety System
6.2 Japan Automation in Combined Heat and Power Market
6.2.1 Japan Automation in Combined Heat and Power Market by Component
6.2.2 Japan Automation in Combined Heat and Power Market by Control & Safety System
6.3 India Automation in Combined Heat and Power Market
6.3.1 India Automation in Combined Heat and Power Market by Component
6.3.2 India Automation in Combined Heat and Power Market by Control & Safety System
6.4 South Korea Automation in Combined Heat and Power Market
6.4.1 South Korea Automation in Combined Heat and Power Market by Component
6.4.2 South Korea Automation in Combined Heat and Power Market by Control & Safety System
6.5 Singapore Automation in Combined Heat and Power Market
6.5.1 Singapore Automation in Combined Heat and Power Market by Component
6.5.2 Singapore Automation in Combined Heat and Power Market by Control & Safety System
6.6 Malaysia Automation in Combined Heat and Power Market
6.6.1 Malaysia Automation in Combined Heat and Power Market by Component
6.6.2 Malaysia Automation in Combined Heat and Power Market by Control & Safety System
6.7 Rest of Asia Pacific Automation in Combined Heat and Power Market
6.7.1 Rest of Asia Pacific Automation in Combined Heat and Power Market by Component
6.7.2 Rest of Asia Pacific Automation in Combined Heat and Power Market by Control & Safety System
Chapter 7. Company Profiles
7.1 Omron Corporation
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental and Regional Analysis
7.1.4 Research & Development Expenses
7.1.5 Recent strategies and developments:
7.1.5.1 Partnerships, Collaborations, and Agreements:
7.1.5.2 Product Launch and Product Expansion:
7.1.6 SWOT Analysis
7.2 ABB Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Segmental and Regional Analysis
7.2.4 Research & Development Expense
7.2.5 Recent strategies and developments:
7.2.5.1 Partnerships, Collaborations, and Agreements:
7.2.6 SWOT Analysis
7.3 Honeywell International, Inc.
7.3.1 Company Overview
7.3.2 Financial Analysis
7.3.3 Segmental and Regional Analysis
7.3.4 Research & Development Expenses
7.3.5 SWOT Analysis
7.4 Schneider Electric SE
7.4.1 Company Overview
7.4.2 Financial Analysis
7.4.3 Segmental and Regional Analysis
7.4.4 Research & Development Expense
7.4.5 Recent strategies and developments:
7.4.5.1 Partnerships, Collaborations, and Agreements:
7.4.6 SWOT Analysis
7.5 Siemens AG
7.5.1 Company Overview
7.5.2 Financial Analysis
7.5.3 Segmental and Regional Analysis
7.5.4 Research & Development Expense
7.5.5 Recent strategies and developments:
7.5.5.1 Partnerships, Collaborations, and Agreements:
7.5.6 SWOT Analysis
7.6 Emerson Electric Co.
7.6.1 Company Overview
7.6.2 Financial Analysis
7.6.3 Segmental and Regional Analysis
7.6.4 Research & Development Expense
7.6.5 Recent strategies and developments:
7.6.5.1 Partnerships, Collaborations, and Agreements:
7.6.5.2 Geographical Expansions:
7.6.5.3 Acquisition and Mergers:
7.7 Mitsubishi Electric Corporation
7.7.1 Company Overview
7.7.2 Financial Analysis
7.7.3 Segmental and Regional Analysis
7.7.4 Research & Development Expense
7.7.5 Recent strategies and developments:
7.7.5.1 Partnerships, Collaborations, and Agreements:
7.8 Valmet Oyj
7.8.1 Company Overview
7.8.2 Financial Analysis
7.8.3 Segment & Regional Analysis
7.8.4 Research & Development Expense
7.8.5 Recent strategies and developments:
7.8.5.1 Acquisition and Mergers:
7.9 Yokogawa Electric Corporation
7.9.1 Company Overview
7.9.2 Financial Analysis
7.9.3 Segmental and Regional Analysis
7.9.4 Research & Development Expenses
7.9.5 Recent strategies and developments:
7.9.5.1 Acquisition and Mergers:
7.10. Rockwell Automation, Inc.
7.10.1 Company Overview
7.10.2 Financial Analysis
7.10.3 Segmental and Regional Analysis
7.10.4 Research & Development Expenses
TABLE 1 Asia Pacific Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Automation in Combined Heat and Power
TABLE 4 Product Launches And Product Expansions– Automation in Combined Heat and Power
TABLE 5 Acquisition and Mergers– Automation in Combined Heat and Power
TABLE 6 geographical Expansions – Automation in Combined heat and Power
TABLE 7 Asia Pacific Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Controllers Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Controllers Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Sensors Market by Country, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Sensors Market by Country, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Switches & Relays Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Switches & Relays Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Drives Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Drives Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Supervisory Control & Data Acquisition System (SCADA) Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Supervisory Control & Data Acquisition System (SCADA) Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Programmable Logic Controller (PLC) Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Programmable Logic Controller (PLC) Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Human Machine Interface (HMI) Market by Country, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Human Machine Interface (HMI) Market by Country, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Distributed Control System (DCS) Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Distributed Control System (DCS) Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Systems Instrumented Systems (SIS) Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Systems Instrumented Systems (SIS) Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Automation in Combined Heat and Power Market by Country, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Automation in Combined Heat and Power Market by Country, 2022 - 2028, USD Million
TABLE 33 China Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 34 China Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 35 China Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 36 China Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 37 China Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 38 China Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 39 Japan Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 40 Japan Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 41 Japan Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 42 Japan Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 43 Japan Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 44 Japan Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 45 India Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 46 India Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 47 India Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 48 India Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 49 India Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 50 India Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 51 South Korea Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 52 South Korea Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 53 South Korea Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 54 South Korea Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 55 South Korea Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 56 South Korea Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 57 Singapore Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 58 Singapore Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 59 Singapore Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 60 Singapore Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 61 Singapore Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 62 Singapore Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 63 Malaysia Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 64 Malaysia Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 65 Malaysia Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 66 Malaysia Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 67 Malaysia Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 68 Malaysia Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 69 Rest of Asia Pacific Automation in Combined Heat and Power Market, 2018 - 2021, USD Million
TABLE 70 Rest of Asia Pacific Automation in Combined Heat and Power Market, 2022 - 2028, USD Million
TABLE 71 Rest of Asia Pacific Automation in Combined Heat and Power Market by Component, 2018 - 2021, USD Million
TABLE 72 Rest of Asia Pacific Automation in Combined Heat and Power Market by Component, 2022 - 2028, USD Million
TABLE 73 Rest of Asia Pacific Automation in Combined Heat and Power Market by Control & Safety System, 2018 - 2021, USD Million
TABLE 74 Rest of Asia Pacific Automation in Combined Heat and Power Market by Control & Safety System, 2022 - 2028, USD Million
TABLE 75 Key Information – Omron Corporation
TABLE 76 Key Information – ABB Group
TABLE 77 Key Information – Honeywell International, Inc.
TABLE 78 Key information – Schneider Electric SE
TABLE 79 Key Information – Siemens AG
TABLE 80 Key Information – Emerson Electric Co.
TABLE 81 key information – Mitsubishi Electric Corporation
TABLE 82 Key information – Valmet Oyj
TABLE 83 Key Information – Yokogawa Electric Corporation
TABLE 84 Key information – Rockwell Automation, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2019-2022)
FIG 4 Recent strategies and developments: Omron Corporation
FIG 5 SWOT Analysis: Omron Corporation
FIG 6 SWOT Analysis: ABB Group
FIG 7 Swot analysis: Honeywell international, inc.
FIG 8 Swot analysis: Schneider Electric SE
FIG 9 Swot analysis: Siemens AG
FIG 10 Recent strategies and developments: Emerson Electric Co.