出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2024年2月
Nuclear Power Plant Control System Market – Global Forecast To 2028
原子力発電所制御システム市場 : コンポーネント (ハードウェア、ソフトウェア、サービス)、ソリューション (SCADA、PLC、DCS)、用途 (発電機励磁＆電気制御、タービン＆補機制御システム) 、地域別 – 2028年までの世界予測
Nuclear Power Plant Control System Market by Component (Hardware, Software, Services), Solution (SCADA, PLC, DCS), Application (Generator Excitation & Electrical Control, Turbine & Auxiliaries Control System) and Region – Global Forecast to 2028
| ページ数 | 180 |
| 図表数 | 169 |
| 種別 | 英文調査報告書 |
| 価格 |
Report Overview
The global Nuclear Power Plant Control System market is estimated to grow from USD 636 million in 2023 to USD 825 million by 2028; it is expected to record a CAGR of 5.3% during the forecast period.
世界の原子力発電所制御システム市場は、2023年の6億3,600万米ドルから2028年までに8億2,500万米ドルに成長すると推定されています。予測期間中に 5.3% の CAGR を記録すると予想されます。
Growing investments in Nuclear power plant construction and projects from both the public and private sectors contribute to the growth of the Nuclear Power Plant Control System industry. These investments accelerate the adoption and commercialization of Nuclear power technology. Government subsidies and regulatory frameworks aimed at promoting clean energy technologies further drive the growth of the Nuclear Power Plant Control System market.
“Hardware: The largest segment of the Nuclear Power Plant Control System market, by component “
Based on Component, the Nuclear Power Plant Control System market has been segmented into Hardware, software and services. The Hardware is expected to be the largest segment during the forecast period. The hardware systems in nuclear power plant control system plays a pivotal role in ensuring the seamless operation and safety of these facilities. As developing economies intensify their reliance on nuclear energy, the requirement for state-of-the-art hardware components becomes more pronounced. Advanced control systems encompassing sensors, processors, communication modules, and monitoring devices are essential for regulating and optimizing the diverse processes within a nuclear power plant.
In response to the surging energy needs, the hardware systems are evolving to meet higher performance standards, incorporating cutting-edge technologies such as real-time monitoring, advanced diagnostics, and predictive maintenance capabilities. The demand for robust and efficient hardware solutions is driven by the imperative to maintain a stable and secure energy supply, aligning with the growing expectations for sustainable and environmentally responsible power generation.
“By Solution, Distributed Control System (DCS) segment is expected to be the fastest growing segment during the forecast period.”
Based on the Solution, the Nuclear Power Plant Control System market is segmented into supervisory control & data acquisition (SCADA), programmable logic controller (PLC), distributed control system (DCS), industrial safety, and others. The distributed control system (DCS) segment is expected to be the fastest-growing segment of the nuclear power plant control system market during the forecast period. Distributed Control Systems (DCS) serve as pivotal tools in the realm of nuclear power plant operations, offering unparalleled advantages in the pursuit of enhanced plant efficiency. Through sophisticated monitoring, precise control, and continuous optimization of various plant processes, DCS empowers operators to finely tune and streamline the intricate mechanisms governing power generation.
“By Application, Turbine & auxiliaries control system segment is expected to be the fastest growing segment during the forecast period.”
Based on the Application, the Nuclear Power Plant Control System market is segmented into boiler & auxiliaries control, generator excitation & electrical control, turbine & auxiliaries control system, and other applications. The turbine & auxiliaries control system segment is expected to be the fastest-growing segment of the nuclear power plant control system market during the forecast period. Many existing nuclear power plants have aging turbine and control systems that require upgrades to improve reliability and performance. This creates a market demand for modern turbine and auxiliaries control systems.
“Europe is expected to be the second largest growing region in the Nuclear Power Plant Control System market.”
Europe is expected to be the second-largest region in the Nuclear Power Plant Control System market during the forecast period. European government offer financial incentives and subsidies for nuclear power plant upgrades and new builds, including control system modernization. This support stimulates market growth. Many countries in Europe provide loan guarantees and tax breaks to reduce the financial burden of nuclear projects, making them more attractive to investors. The UK, for example, offers a Regulated Asset Base (RAB) model that guarantees a fixed return on investment for new nuclear plants, boosting investor confidence.
Breakdown of Primaries:
In-depth interviews have been conducted with various key industry participants, subject-matter experts, C-level executives of key market players, and industry consultants, among other experts, to obtain and verify critical qualitative and quantitative information and assess future market prospects. The distribution of primary interviews is as follows:
By Company Type: Tier 1- 60%, Tier 2- 25%, and Tier 3- 15%
By Designation: C-Level- 35%, Director Level- 25%, and Others- 40%
By Region: Americas- 13%, Europe- 16%, Asia Pacific- 56%, Middle East & Africa – 15%
Note: Others include sales managers, engineers, and regional managers.
Note: The tiers of the companies are defined on the basis of their total revenues as of 2022. Tier 1: > USD 1 billion, Tier 2: From USD 500 million to USD 1 billion, and Tier 3: < USD 500 million
The Nuclear Power Plant Control System market is dominated by a few major players that have a wide regional presence. The leading players in the Nuclear Power Plant Control System market are Siemens (Germany), ABB (Switzerland), General Electric (US), Fortum (Europe), Framatome (France). The major strategy adopted by the players includes new product launches, contracts, agreements, partnerships, joint ventures, acquisitions, and investments & expansions.
Research Coverage:
The report defines, describes, and forecasts the global Nuclear Power Plant Control System market by , component, solution, application, and region. It also offers a detailed qualitative and quantitative analysis of the market. The report comprehensively reviews the major market drivers, restraints, opportunities, and challenges. It also covers various important aspects of the market. These include an analysis of the competitive landscape, market dynamics, market estimates in terms of value, and future trends in the Nuclear Power Plant Control System market.
Key Benefits of Buying the Report
• Government initiatives at the national and international levels amplify the impact of investment on the Nuclear Power Plant Control System market. Robust policy frameworks, often accompanied by financial incentives, subsidies, and regulatory support, encourage widespread adoption of Nuclear Power Plant Control System. Factors such as high initial cost and lack of infrastructure restrain the growth of the market. The growing energy transition towards renewable energy sources and rapid urbanization are expected to present lucrative opportunities for the players operating in the Nuclear Power Plant Control System market.
• Product Development/ Innovation: The Nuclear Power Plant Control System market is witnessing significant product development and innovation, driven by the growing demand for environmentally friendly, safe and sustainable products. Companies are investing in developing advanced Nuclear Power Plant Control System technologies for various applications.
• Market Development: Framatome has announced its acquisition of the nuclear power systems division of RCM Technologies Canada Corp. This acquisition expands Framatome’s CANDU design expertise and its presence in Canada.
• Market Diversification: Framatome has announced the signing of an early framework agreement with Nuclear New Build Generation (SZC) Ltd (NNB SZC), a company currently owned by EDF and the UK government, for the construction of the Sizewell C nuclear power station in Suffolk, England.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players, like include Siemens (Germany), ABB (Switzerland), General Electric (US), Fortum (Europe), Framatome (France), among others in the Nuclear Power Plant Control System market.
Table of Contents
1 INTRODUCTION 26
1.1 STUDY OBJECTIVES 26
1.2 MARKET DEFINITION 26
1.3 INCLUSIONS AND EXCLUSIONS 27
1.4 STUDY SCOPE 28
1.4.1 MARKETS COVERED 28
1.4.2 REGIONAL SCOPE 28
1.4.3 YEARS CONSIDERED 29
1.4.4 CURRENCY CONSIDERED 29
1.5 LIMITATIONS 29
1.6 STAKEHOLDERS 30
1.7 IMPACT OF RECESSION 30
2 RESEARCH METHODOLOGY 31
2.1 RESEARCH DATA 31
FIGURE 1 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: RESEARCH DESIGN 32
2.2 MARKET BREAKDOWN AND DATA TRIANGULATION 33
FIGURE 2 DATA TRIANGULATION 33
2.3 PRIMARY AND SECONDARY RESEARCH 34
2.3.1 SECONDARY DATA 34
2.3.1.1 List of major secondary sources 34
2.3.1.2 Key data from secondary sources 34
2.3.2 PRIMARY DATA 35
2.3.2.1 List of primary interview participants 35
2.3.2.2 Key data from primary sources 35
2.3.2.3 Breakdown of primaries 36
FIGURE 3 BREAKDOWN OF PRIMARIES: BY COMPANY TYPE, DESIGNATION, AND REGION 36
2.4 MARKET SIZE ESTIMATION 37
2.4.1 BOTTOM-UP APPROACH 37
FIGURE 4 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: BOTTOM-UP APPROACH 37
2.4.2 TOP-DOWN APPROACH 38
FIGURE 5 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: TOP-DOWN APPROACH 38
2.5 DEMAND-SIDE ANALYSIS 39
FIGURE 6 NUCLEAR POWER PLANT CONTROL SYSTEM: DEMAND-SIDE ANALYSIS 39
2.5.1 DEMAND-SIDE METRICS 39
FIGURE 7 METRICS CONSIDERED TO ANALYZE AND ASSESS DEMAND FOR NUCLEAR POWER PLANT CONTROL SYSTEMS 39
2.5.1.1 Assumptions for demand-side analysis 40
2.5.1.2 Calculations for demand-side analysis 40
2.6 SUPPLY-SIDE ANALYSIS 40
2.6.1 SUPPLY -SIDE METRICS 40
FIGURE 8 METRICS CONSIDERED TO ASSESS SUPPLY OF NUCLEAR POWER PLANT CONTROL SYSTEMS 40
FIGURE 9 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: SUPPLY-SIDE ANALYSIS 41
2.6.1.1 Calculations for supply-side analysis 41
2.6.1.2 Assumptions for supply-side analysis 41
2.7 FORECAST 41
2.8 RISK ASSESSMENT 42
2.9 RECESSION IMPACT 42
3 EXECUTIVE SUMMARY 43
TABLE 1 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET SNAPSHOT 43
FIGURE 10 HARDWARE SEGMENT TO DOMINATE MARKET DURING FORECAST PERIOD 44
FIGURE 11 DISTRIBUTED CONTROL SYSTEMS SEGMENT TO LEAD NUCLEAR POWER PLANT CONTROL SYSTEM MARKET DURING FORECAST PERIOD 45
FIGURE 12 TURBINE & AUXILIARIES CONTROL SYSTEM TO LEAD NUCLEAR POWER PLANT CONTROL SYSTEM MARKET DURING FORECAST PERIOD 45
FIGURE 13 ASIA PACIFIC DOMINATED NUCLEAR POWER PLANT CONTROL SYSTEM MARKET IN 2022 46
4 PREMIUM INSIGHTS 47
4.1 ATTRACTIVE OPPORTUNITIES FOR PLAYERS IN NUCLEAR POWER PLANT CONTROL SYSTEM MARKET 47
FIGURE 14 GLOBAL NUCLEAR POWER CAPACITY EXPANSION TO CREATE LUCRATIVE OPPORTUNITIES FOR MARKET PLAYERS 47
4.2 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT 47
FIGURE 15 HARDWARE SEGMENT DOMINATED NUCLEAR POWER PLANT CONTROL SYSTEM MARKET IN 2022 47
4.3 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION 48
FIGURE 16 DISTRIBUTED CONTROL SYSTEMS (DCSS) SEGMENT DOMINATED NUCLEAR POWER PLANT CONTROL SYSTEM MARKET IN 2022 48
4.4 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION 48
FIGURE 17 TURBINE & AUXILIARIES CONTROL SYSTEM SEGMENT DOMINATED NUCLEAR POWER PLANT CONTROL SYSTEM MARKET IN 2022 48
FIGURE 18 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 49
4.5 ASIA PACIFIC NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION AND COUNTRY 49
FIGURE 19 TURBINE & AUXILIARIES CONTROL SYSTEM SEGMENT AND CHINA DOMINATED ASIA PACIFIC NUCLEAR POWER PLANT CONTROL SYSTEM MARKET IN 2022 49
5 MARKET OVERVIEW 50
5.1 INTRODUCTION 50
5.2 MARKET DYNAMICS 50
FIGURE 20 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 50
5.2.1 DRIVERS 51
5.2.1.1 Growing demand for clean energy 51
FIGURE 21 GLOBAL ENERGY MIX, BY SOURCE, 2022 51
5.2.1.2 Global nuclear power capacity expansion 52
5.2.1.3 Government-led support and implementation of stringent safety regulations to curb potential risks associated with nuclear technology 52
5.2.2 RESTRAINTS 53
5.2.2.1 Availability of alternative energy sources 53
5.2.2.2 Nuclear proliferation concerns 53
5.2.3 OPPORTUNITIES 54
5.2.3.1 Development of new control system technologies 54
5.2.3.2 Expansion of nuclear power plant control system market in emerging economies 54
5.2.4 CHALLENGES 55
5.2.4.1 Radioactive waste management 55
5.2.4.2 Lack of skilled workforce to operate industrial automation devices and systems 56
5.3 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56
FIGURE 22 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 56
5.4 PRICING ANALYSIS 57
5.4.1 AVERAGE PRICE TREND OF NUCLEAR POWER PLANT CONTROL SYSTEMS, BY REGION 57
TABLE 2 AVERAGE PRICE TREND OF NUCLEAR POWER PLANT CONTROL SYSTEMS, BY REGION, 2022–2028 (USD/KWE) 57
FIGURE 23 AVERAGE PRICE TREND OF NUCLEAR POWER PLANT CONTROL SYSTEMS, BY REGION, 2022–2028 (USD/KWE) 57
5.4.2 INDICATIVE PRICE TREND OF NUCLEAR POWER PLANT CONTROL SYSTEMS, BY SOLUTION 58
TABLE 3 INDICATIVE PRICE TREND OF NUCLEAR POWER PLANT CONTROL SYSTEMS, BY SOLUTION, 2022–2028 (USD THOUSAND) 58
FIGURE 24 INDICATIVE PRICE TREND OF NUCLEAR POWER PLANT CONTROL SYSTEMS, BY SOLUTION, 2022–2028 (USD THOUSAND) 58
5.5 SUPPLY CHAIN ANALYSIS 58
FIGURE 25 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: SUPPLY CHAIN ANALYSIS 59
5.5.1 RAW MATERIAL SUPPLIERS 59
5.5.2 COMPONENT MANUFACTURERS 59
5.5.3 SYSTEM INTEGRATORS/ASSEMBLERS 59
5.5.4 DISTRIBUTORS AND POST-SALES SERVICE PROVIDERS 59
5.6 ECOSYSTEM/MARKET MAP 60
FIGURE 26 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET MAP 60
TABLE 4 COMPANIES AND THEIR ROLES IN NUCLEAR POWER PLANT CONTROL SYSTEM ECOSYSTEM 60
5.7 REGULATORY LANDSCAPE 61
5.7.1 REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 61
TABLE 5 AMERICAS: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 61
TABLE 6 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 62
TABLE 7 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 62
TABLE 8 MIDDLE EAST & AFRICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 63
5.7.2 REGULATIONS RELATED TO NUCLEAR POWER PLANT CONTROL SYSTEMS 63
TABLE 9 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: REGULATIONS 63
5.8 PATENT ANALYSIS 64
FIGURE 27 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2012–2022 64
5.8.1 LIST OF MAJOR PATENTS 65
TABLE 10 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: INNOVATIONS AND PATENT REGISTRATIONS, 2018–2022 65
5.9 CASE STUDY ANALYSIS 65
5.9.1 KRŠKO IMPLEMENTED ADVANCED DIGITAL CONTROL SYSTEM (DCS) IN NUCLEAR POWER PLANT (SLOVENIA) 65
5.9.1.1 Problem Statement 65
5.9.1.2 Solution 65
5.9.2 FORSMARK NUCLEAR POWER PLANT INTEGRATED CUTTING-EDGE FUEL MANAGEMENT OPTIMIZATION SOFTWARE INTO PLANT’S CONTROL SYSTEM (SWEDEN) 66
5.9.2.1 Problem Statement 66
5.9.2.2 Solution 66
5.9.3 OLKILUOTO NUCLEAR POWER PLANT (NPP) IMPLEMENTED ROBUST CYBER SECURITY MEASURES TO MITIGATE RISKS (FINLAND) 66
5.9.3.1 Problem Statement 66
5.9.3.2 Solution 66
5.10 TECHNOLOGY ANALYSIS 67
5.10.1 ARTIFICIAL INTELLIGENCE (AI) AND MACHINE LEARNING (ML) 67
5.10.2 DIGITAL TWINS 67
5.10.3 CYBERSECURITY 67
5.11 KEY CONFERENCES AND EVENTS, 2023–2024 68
TABLE 11 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: LIST OF KEY CONFERENCES AND EVENTS, 2023–2024 68
5.12 TRADE ANALYSIS 70
5.12.1 EXPORT SCENARIO 70
TABLE 12 EXPORT DATA FOR HS CODE 84-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD) 70
FIGURE 28 EXPORT DATA FOR HS CODE 84-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD) 71
5.12.2 IMPORT SCENARIO 71
TABLE 13 IMPORT SCENARIO FOR HS CODE 84-COMPLIANT PRODUCTS, BY COUNTRY, 2020–2022 (USD) 71
FIGURE 29 IMPORT DATA FOR HS CODE 84-COMPLIANT PRODUCTS FOR TOP FIVE COUNTRIES, 2020–2022 (USD) 72
5.13 PORTER’S FIVE FORCES ANALYSIS 72
FIGURE 30 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 73
TABLE 14 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: PORTER’S FIVE FORCES ANALYSIS 73
5.13.1 THREAT OF SUBSTITUTES 74
5.13.2 BARGAINING POWER OF SUPPLIERS 74
5.13.3 BARGAINING POWER OF BUYERS 74
5.13.4 THREAT OF NEW ENTRANTS 74
5.13.5 INTENSITY OF COMPETITIVE RIVALRY 74
5.14 KEY STAKEHOLDERS AND BUYING CRITERIA 75
5.14.1 KEY STAKEHOLDERS IN BUYING PROCESS 75
FIGURE 31 INFLUENCE OF KEY STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION 75
TABLE 15 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS, BY APPLICATION (%) 75
5.14.2 BUYING CRITERIA 76
FIGURE 32 KEY BUYING CRITERIA, BY APPLICATION 76
TABLE 16 KEY BUYING CRITERIA, BY APPLICATION 76
6 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION 77
6.1 INTRODUCTION 78
FIGURE 33 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION, 2022 78
TABLE 17 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION, 2022–2028 (USD MILLION) 79
6.2 SUPERVISORY CONTROL AND DATA ACQUISITION (SCADA) 79
6.2.1 MODERNIZATION OF SCADA SYSTEMS AND TECHNOLOGICAL EVOLUTION OF NUCLEAR POWER PLANT CONTROL SYSTEMS TO DRIVE MARKET 79
TABLE 18 SCADA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 79
6.3 PROGRAMMABLE LOGICAL CONTROLLERS (PLCS) 80
6.3.1 INTEGRATION OF CYBERSECURITY AND ENERGY MANAGEMENT FUNCTIONALITY INTO PLCS TO DRIVE DEMAND 80
TABLE 19 PLCS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 80
6.4 DISTRIBUTED CONTROL SYSTEMS (DCSS) 80
6.4.1 FAULT TOLERANCE AND REDUNDANCY FEATURES TO DRIVE DEMAND 80
TABLE 20 DCSS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 81
6.5 INDUSTRIAL SAFETY SOLUTIONS 81
6.5.1 UPGRADES OF NUCLEAR CONTROL SYSTEMS POST-FUKUSHIMA AS SAFETY OVERHAUL INITIATIVE TO DRIVE MARKET 81
TABLE 21 INDUSTRIAL SAFETY SOLUTIONS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 81
6.6 OTHER SOLUTIONS 82
TABLE 22 OTHER SOLUTIONS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 82
7 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT 83
7.1 INTRODUCTION 84
FIGURE 34 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022 84
TABLE 23 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022–2028 (USD MILLION) 84
7.2 HARDWARE 85
7.2.1 CONTROLLERS 85
7.2.1.1 Use to enhance process control and stability in nuclear power plants to drive market 85
7.2.2 INPUT/OUTPUT DEVICES 85
7.2.2.1 Deployment to detect movement, light, temperature, pressure, and many other parameters in nuclear power plants to drive market 85
7.2.3 WORKSTATIONS 85
7.2.3.1 Evolution of nuclear control through HMI innovation to drive market 85
7.2.4 NETWORKING HARDWARE 86
7.2.4.1 Installation of networking hardware to revolutionize nuclear power plant control systems to drive market 86
TABLE 24 HARDWARE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 86
TABLE 25 HARDWARE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022–2028 (USD MILLION) 86
7.3 SOFTWARE 87
7.3.1 INCREASED FOCUS ON PLANT LIFECYCLE MANAGEMENT, PLANT ASSET MANAGEMENT, AND PLANT OPTIMIZATION TO DRIVE MARKET 87
TABLE 26 SOFTWARE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 87
7.4 SERVICES 87
7.4.1 GROWING NEED FOR PLANT RENOVATION AND UPGRADE AND RETROFITTING OF AGING NUCLEAR POWER PLANT CONTROL SYSTEMS TO DRIVE MARKET 87
TABLE 27 SERVICES: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 88
8 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION 89
8.1 INTRODUCTION 90
FIGURE 35 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022 90
TABLE 28 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 90
8.2 BOILER & AUXILIARIES CONTROL 91
8.2.1 RISING ADOPTION OF AUTOMATIC RESET TYPE CONTROL SYSTEMS TO FUEL DEMAND 91
TABLE 29 BOILER & AUXILIARIES CONTROL: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 91
8.3 GENERATOR EXCITATION & ELECTRICAL CONTROL 91
8.3.1 NEED TO MONITOR AND CONTROL ELECTRICAL SYSTEMS ACROSS DIFFERENT NUCLEAR PLANT TYPES TO DRIVE MARKET 91
TABLE 30 GENERATOR EXCITATION & ELECTRICAL CONTROL: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 92
8.4 TURBINE & AUXILIARIES CONTROL 92
8.4.1 ADVANCEMENTS IN MODULATION OF TURBINE & AUXILIARIES CONTROL SYSTEMS TO DRIVE MARKET 92
TABLE 31 TURBINE & AUXILIARIES CONTROL: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 92
8.5 OTHER APPLICATIONS 93
TABLE 32 OTHER APPLICATIONS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 93
9 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION 94
9.1 INTRODUCTION 95
FIGURE 36 ASIA PACIFIC NUCLEAR POWER PLANT CONTROL SYSTEM MARKET TO EXHIBIT HIGHEST CAGR DURING FORECAST PERIOD 95
FIGURE 37 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022 96
TABLE 33 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY REGION, 2022–2028 (USD MILLION) 96
9.2 AMERICAS 96
9.2.1 AMERICAS: RECESSION IMPACT 96
9.2.2 BY COMPONENT 97
TABLE 34 AMERICAS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022–2028 (USD MILLION) 97
9.2.3 BY SOLUTION 97
TABLE 35 AMERICAS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION, 2022–2028 (USD MILLION) 97
9.2.4 BY APPLICATION 97
TABLE 36 AMERICAS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 97
9.2.5 BY COUNTRY 98
TABLE 37 AMERICAS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 98
9.2.5.1 US 98
9.2.5.1.1 High use of advanced digital technologies to fuel development and use of nuclear electricity and drive market 98
9.2.5.1.2 By application 99
TABLE 38 US: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 99
9.2.5.2 Canada 99
9.2.5.2.1 Use of uranium reserves to supply low-emission electricity and meet net zero emission target to drive market 99
9.2.5.2.2 By application 100
TABLE 39 CANADA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 100
9.2.5.3 Argentina 100
9.2.5.3.1 Increased use of nuclear energy attributed to cooperation between CNEA and CNNC to drive market 100
9.2.5.3.2 By application 101
TABLE 40 ARGENTINA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 101
9.2.5.4 Rest of Americas 101
9.2.5.4.1 By application 101
TABLE 41 REST OF AMERICAS: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 101
9.3 EUROPE 102
9.3.1 EUROPE: RECESSION IMPACT 102
FIGURE 38 EUROPE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET SNAPSHOT 103
9.3.2 BY COMPONENT 103
TABLE 42 EUROPE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022–2028 (USD MILLION) 103
9.3.3 BY SOLUTION 104
TABLE 43 EUROPE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION, 2022–2028 (USD MILLION) 104
9.3.4 BY APPLICATION 104
TABLE 44 EUROPE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 104
9.3.5 BY COUNTRY 104
TABLE 45 EUROPE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 104
9.3.5.1 Russia 105
9.3.5.1.1 Development of new reactor technologies to drive market 105
9.3.5.1.2 By application 105
TABLE 46 RUSSIA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 105
9.3.5.2 UK 105
9.3.5.2.1 Government-led initiatives to expand nuclear capacity by 2050 to propel market growth 105
9.3.5.2.2 By application 106
TABLE 47 UK: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 106
9.3.5.3 France 106
9.3.5.3.1 Emphasis on medium- and long-term goals for energy transition to drive market 106
9.3.5.3.2 By application 107
TABLE 48 FRANCE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 107
9.3.5.4 Rest of Europe 107
9.3.5.4.1 By application 107
TABLE 49 REST OF EUROPE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 107
9.4 ASIA PACIFIC 108
9.4.1 ASIA PACIFIC: RECESSION IMPACT 108
FIGURE 39 ASIA PACIFIC: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET SNAPSHOT 109
9.4.2 BY COMPONENT 109
TABLE 50 ASIA PACIFIC: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022–2028 (USD MILLION) 109
9.4.3 BY SOLUTION 110
TABLE 51 ASIA PACIFIC: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION, 2022–2028 (USD MILLION) 110
9.4.4 BY APPLICATION 110
TABLE 52 ASIA PACIFIC: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 110
9.4.5 BY COUNTRY 110
TABLE 53 ASIA PACIFIC: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 110
9.4.5.1 China 111
9.4.5.1.1 Continuous investments in nuclear power plants to support market growth 111
9.4.5.1.2 By application 111
TABLE 54 CHINA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 111
9.4.5.2 Japan 111
9.4.5.2.1 High expertise in nuclear designing, construction, and operations to fuel market growth 111
9.4.5.2.2 By application 112
TABLE 55 JAPAN: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 112
9.4.5.3 South Korea 112
9.4.5.3.1 Development of advanced reactors to drive market 112
9.4.5.3.2 By application 113
TABLE 56 SOUTH KOREA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 113
9.4.5.4 Rest of Asia Pacific 113
9.4.5.4.1 By application 113
TABLE 57 REST OF ASIA PACIFIC: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 113
9.5 MIDDLE EAST & AFRICA 114
9.5.1 MIDDLE EAST & AFRICA: RECESSION IMPACT 114
9.5.2 BY COMPONENT 114
TABLE 58 MIDDLE EAST & AFRICA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COMPONENT, 2022–2028 (USD MILLION) 114
9.5.3 BY SOLUTION 115
TABLE 59 MIDDLE EAST & AFRICA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY SOLUTION, 2022–2028 (USD MILLION) 115
9.5.4 BY APPLICATION 115
TABLE 60 MIDDLE EAST & AFRICA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 115
9.5.5 BY COUNTRY 115
TABLE 61 MIDDLE EAST & AFRICA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY COUNTRY, 2022–2028 (USD MILLION) 115
9.5.5.1 GCC Countries 116
9.5.5.1.1 UAE 116
9.5.5.1.1.1 Technological innovations and rising investments in nuclear power projects to drive market 116
9.5.5.1.1.2 By application 116
TABLE 62 UAE: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 116
9.5.5.1.2 Rest of GCC countries 116
9.5.5.2 South Africa 117
9.5.5.2.1 Growing focus on renewable power generation to fuel demand 117
9.5.5.2.2 By application 117
TABLE 63 SOUTH AFRICA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 117
9.5.5.3 Rest of Middle East & Africa 117
9.5.5.3.1 By application 118
TABLE 64 REST OF MIDDLE EAST & AFRICA: NUCLEAR POWER PLANT CONTROL SYSTEM MARKET, BY APPLICATION, 2022–2028 (USD MILLION) 118
10 COMPETITIVE LANDSCAPE 119
10.1 OVERVIEW 119
10.2 STRATEGIES ADOPTED BY KEY PLAYERS 119
TABLE 65 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: OVERVIEW OF STRATEGIES ADOPTED BY KEY PLAYERS, 2019–2023 119
10.3 MARKET SHARE ANALYSIS, 2022 120
TABLE 66 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: DEGREE OF COMPETITION 121
FIGURE 40 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET SHARE ANALYSIS, 2022 121
10.4 MARKET EVALUATION FRAMEWORK, 2019–2022 121
TABLE 67 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET EVALUATION FRAMEWORK, 2019–2022 122
10.5 SEGMENTAL REVENUE ANALYSIS, 2018–2022 123
FIGURE 41 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: SEGMENTAL REVENUE ANALYSIS OF FOUR KEY PLAYERS, 2018–2022 123
FIGURE 42 EBIDTA OF KEY PLAYERS, 2022 123
10.6 COMPETITIVE SCENARIOS AND TRENDS 124
10.6.1 DEALS 124
TABLE 68 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: DEALS, FEBRUARY 2022–SEPTEMBER 2023 124
10.7 COMPANY EVALUATION MATRIX, 2022 126
10.7.1 STARS 126
10.7.2 EMERGING LEADERS 126
10.7.3 PERVASIVE PLAYERS 126
10.7.4 PARTICIPANTS 126
FIGURE 43 NUCLEAR POWER PLANT CONTROL SYSTEM MARKET: COMPANY EVALUATION MATRIX, 2022 127
10.7.5 COMPANY FOOTPRINT 128
TABLE 69 COMPANY COMPONENT FOOTPRINT 128
TABLE 70 COMPANY SOLUTION FOOTPRINT 129
TABLE 71 COMPANY APPLICATION FOOTPRINT 130
TABLE 72 COMPANY REGION FOOTPRINT 131
TABLE 73 OVERALL PRODUCT FOOTPRINT 132
TABLE 74 OVERALL MARKET SHARE FOOTPRINT 133
11 COMPANY PROFILES 134
(Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats))*
11.1 KEY PLAYERS 134
11.1.1 SIEMENS 134
TABLE 75 SIEMENS: COMPANY OVERVIEW 134
FIGURE 44 SIEMENS: COMPANY SNAPSHOT 135
TABLE 76 SIEMENS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 135
11.1.2 ABB 137
TABLE 77 ABB: COMPANY OVERVIEW 137
FIGURE 45 ABB: COMPANY SNAPSHOT 138
TABLE 78 ABB: PRODUCTS/SERVICES/SOLUTIONS OFFERED 138
11.1.3 GENERAL ELECTRIC 140
TABLE 79 GENERAL ELECTRIC: COMPANY OVERVIEW 140
FIGURE 46 GENERAL ELECTRIC: COMPANY SNAPSHOT 141
TABLE 80 GENERAL ELECTRIC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 141
TABLE 81 GENERAL ELECTRIC: DEALS 142
11.1.4 FORTUM 144
TABLE 82 FORTUM: COMPANY OVERVIEW 144
FIGURE 47 FORTUM: COMPANY SNAPSHOT 145
TABLE 83 FORTUM: PRODUCTS/SERVICES/SOLUTIONS OFFERED 145
TABLE 84 FORTUM: DEALS 146
11.1.5 FRAMATOME 147
TABLE 85 FRAMATOME: COMPANY OVERVIEW 147
FIGURE 48 FRAMATOME: COMPANY SNAPSHOT 147
TABLE 86 FRAMATOME: PRODUCTS/SOLUTIONS/SERVICES OFFERED 148
TABLE 87 FRAMATOME: DEALS 148
TABLE 88 FRAMATOME: OTHERS 149
11.1.6 EMERSON ELECTRIC CO. 151
TABLE 89 EMERSON ELECTRIC CO.: COMPANY OVERVIEW 151
FIGURE 49 EMERSON ELECTRIC CO: COMPANY SNAPSHOT 152
TABLE 90 EMERSON ELECTRIC CO.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 152
TABLE 91 EMERSON ELECTRIC CO.: DEALS 153
11.1.7 MITSUBISHI ELECTRIC CORPORATION 154
TABLE 92 MITSUBISHI ELECTRIC CORPORATION: COMPANY OVERVIEW 154
FIGURE 50 MITSUBISHI ELECTRIC CORPORATION: COMPANY SNAPSHOT 155
TABLE 93 MITSUBISHI ELECTRIC CORPORATION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 155
TABLE 94 MITSUBISHI ELECTRIC CORPORATION: DEALS 156
11.1.8 NUSCALE POWER, LLC 157
TABLE 95 NUSCALE POWER, LLC: COMPANY OVERVIEW 157
FIGURE 51 NUSCALE POWER, LLC: COMPANY SNAPSHOT 157
TABLE 96 NUSCALE POWER, LLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 158
11.1.9 ROLLS-ROYCE PLC 159
TABLE 97 ROLLS-ROYCE PLC: COMPANY OVERVIEW 159
FIGURE 52 ROLLS-ROYCE PLC: COMPANY SNAPSHOT 160
TABLE 98 ROLLS-ROYCE PLC: PRODUCTS/SOLUTIONS/SERVICES OFFERED 160
11.1.10 HONEYWELL INTERNATIONAL INC. 161
TABLE 99 HONEYWELL INTERNATIONAL INC.: COMPANY OVERVIEW 161
FIGURE 53 HONEYWELL INTERNATIONAL INC.: COMPANY SNAPSHOT 162
TABLE 100 HONEYWELL INTERNATIONAL INC.: PRODUCTS/SOLUTIONS/SERVICES OFFERED 162
TABLE 101 HONEYWELL INTERNATIONAL INC.: DEALS 163
11.1.11 MOTOROLA SOLUTIONS, INC. 164
TABLE 102 MOTOROLA SOLUTIONS, INC.: COMPANY OVERVIEW 164
FIGURE 54 MOTOROLA SOLUTIONS, INC.: COMPANY SNAPSHOT 165
TABLE 103 MOTOROLA SOLUTIONS, INC.: PRODUCTS/SERVICES/SOLUTIONS OFFERED 165
11.1.12 CURTISS-WRIGHT CORPORATION 166
TABLE 104 CURTISS-WRIGHT CORPORATION: COMPANY OVERVIEW 166
FIGURE 55 CURTISS-WRIGHT CORPORATION: COMPANY SNAPSHOT 167
TABLE 105 CURTISS-WRIGHT CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED 167
TABLE 106 CURTISS-WRIGHT CORPORATION: DEALS 168
11.1.13 LOCKHEED MARTIN CORPORATION 169
TABLE 107 LOCKHEED MARTIN CORPORATION: COMPANY OVERVIEW 169
FIGURE 56 LOCKHEED MARTIN CORPORATION: COMPANY SNAPSHOT 170
TABLE 108 LOCKHEED MARTIN CORPORATION: PRODUCTS/SERVICES/SOLUTIONS OFFERED 170
11.1.14 FORTINET 171
TABLE 109 FORTINET: COMPANY OVERVIEW 171
FIGURE 57 FORTINET: COMPANY SNAPSHOT 172
TABLE 110 FORTINET: PRODUCTS/SERVICES/SOLUTIONS OFFERED 172
11.1.15 WESTINGHOUSE ELECTRIC COMPANY LLC 173
TABLE 111 WESTINGHOUSE ELECTRIC COMPANY LLC: COMPANY OVERVIEW 173
TABLE 112 WESTINGHOUSE ELECTRIC COMPANY LLC: PRODUCTS/SERVICES/SOLUTIONS OFFERED 173
11.2 OTHER PLAYERS 174
11.2.1 L&T ELECTRICAL & AUTOMATION 174
11.2.2 MCAFEE, LLC 174
11.2.3 CYBERBIT 175
11.2.4 CYBERARK SOFTWARE LTD. 175
11.2.5 EFACEC 176
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, and MnM View (Key strengths/Right to Win, Strategic Choices Made, and Weaknesses and Competitive Threats) might not be captured in case of unlisted companies.
12 APPENDIX 177
12.1 INSIGHTS FROM INDUSTRY EXPERTS 177
12.2 DISCUSSION GUIDE 177
12.3 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 182
12.4 CUSTOMIZATION OPTIONS 184
12.5 RELATED REPORTS 184
12.6 AUTHOR DETAILS 185