ARC Advisory Group recently interviewed gas and steam turbine owner-operators along with suppliers of turbine monitoring equipment and services to learn more about today’s aftermarket services for turbines. Most of the owner-operators were from electric utilities, with the remainder from oil, gas, refining, and chemicals. Turbine monitoring is a hot area for new aftermarket services, given that both GE and Siemens are major turbine OEMs and each firm is now executing new internet service initiatives.
Turbine Monitoring Can Help Reduce the Level of Losses
The level of losses attributable to gas and steam turbine failure is high. New technologies for remote monitoring, diagnostic, and prognostic services can better predict failures and help mitigate these losses. Services are being delivered by several types of suppliers including OEMs, automation suppliers, and smaller third-party firms with turbine equipment expertise. However, ARC believes turbine OEMs are the clear front-runners in these markets, which are the fastest growing segments of the overall turbomachinery market.
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Keywords: Analytics, Diagnostics, Gas Turbine, Monitoring and Diagnostics Center, Steam Turbine, Utilities, ARC Advisory Group.