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Owing to the sudden impetus in economic growth attributed by various factors and an ever-increasing population, the demand for electricity has been growing at a rapid pace. In order to meet these growing demands, considerable amounts of capacity are needed to be installed throughout the region. Steam and gas turbines, mainly through combined-cycl...

This report identifies and tracks the growth of gas turbine sales to industrial, institutional, and utility end users over the forecast period. Metrics included for total market, as well as small (up to 15 MW) and large (15 to 60 MW) turbines used in distributed generation.

13 Aug 2015  |  Global  |  Market Research

Global Industrial Steam Turbine Market

Growth in Renewable Energy and Independent Power Generation Will Drive the Market

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This market engineering study tracks the current global industrial steam turbine market in various regions and forecasts the market by revenue till 2020. The study explains the various factors that act as drivers and restraints to the market and gives an overview of the various industries where industrial steam turbines are used. Both market size b...