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The gas turbine is a combustion engine, which is used to generate mechanical energy from various fuels such as natural gas or liquid fuels.<br><br>for more information visit us:<br>https://www.knowledge-sourcing.com/report/global-gas-turbines-market<br>
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Global Gas Turbine Market Forecasts From 2018 To 2023
DESCRIPTION DESCRIPTION Global Gas Turbine Market was estimated to be worth $18.141 billion in 2017 and is projected to witness a compound annual growth rate of 3.14% over the forecast period to reach a total market size of $21.173 billion by the end of 2022. Growing demand for power worldwide, growth in shale gas exploration and increasing investment in energy and power sector by governments are some of the factors contributing to the growth of gas turbine market. Fluctuations in the global power generation industry and economic benefit of coal power generation may affect its growth in some major countries restricting the expected overall growth. Asia Pacific accounts for a bulk of the demand for gas turbines and will continue to dominate the global market over the forecast period. Rapid urbanization, increasing investment in energy infrastructure and industrialization are some of the factors complementing the market growth. The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Key Key Questions Questions Answered Answered By By The The Report Report ▪What will be Global Gas Turbine Market from 2019 to 2024? ▪How are the major drivers and restraints affecting the Global Gas Turbine Market ▪growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why? ▪A comprehensive analysis of competitive landscape and key market participant’s behavior ▪Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography Americas US Canada Brazil Mexico Others Europe Middle East and Africa United Kingdom Germany France Saudi Arabia Others ▪
Geography Asia Pacific ▪ Japan China India Australia Others
Geography Asia-Pacific Japan China India South Korea Others
Segments Covered Under Global Storage Market: ▪ By Power Rating ▪ <100 MW ▪ >100MW - <300MW ▪ >300 MW ▪ By Type ▪ Gas Cycle ▪ Combined Cycle ▪ Cogeneration ▪ By Application ▪ Power Generation ▪ Oil and Gas ▪ Others ▪ nology ▪ Others
COMPANY PROFILES ▪ Siemens ▪ GE ▪ Mitsubishi ▪ Bharat Heavy Electricals ▪ Toshiba ▪ List is not exhaustive*)
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