Steam Turbine Market Research

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...

With upcoming investments in the Power sector and Process industries the GCC Steam Turbine MRO market is expected to have a moderate growth of 3.8 percent till the forecasted period 2013. As a result of increase in demand of power and petrochemical products there is an increase in installation of Steam turbine which directly increases the need for ...

This research service studies the global steam turbine market giving detailed market analysis of key growth drivers and restraints. The study also discusses the industry challenges and gives detailed forecasts. The study also discusses some of the more strategic issues that affect the global steam turbine market.

The demand for steam turbines is beginning to see a period of recovery following the slump that hit the electricity industry in 2000-01. One of the major reasons for this recovery has been the increasing price of natural gas, which as risen steeply over the last few years and has forced the players in this market to turn back coal apart from fuels...