Steam Turbine Market Research

The western European steam and gas turbines market witnessed an all-time low during 2009-2010; however, it is expected to recover in the medium-to-long term despite the uncertainties pertaining to carbon trading, legislations in the electricity sector and imminent rises in commodity prices. Orders placed with manufacturers during the buoyant market...

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...