Saturday, February 8, 2025

Growth Opportunities in the Global Gas Turbine Market | Technavio

 May 4, 2018 - 8:28 AM EDT

Print

Email Article

Font Down

Font Up

Growth Opportunities in the Global Gas Turbine Market | Technavio

LONDON

Market research firm Technavio
has announced the release of their latest report on the global
gas turbine market
. This new report will provide expert market
insights for the forecast period 2018-2022.

This press release features multimedia. View the full release here:
https://www.businesswire.com/news/home/20180504005349/en/

Technavio has published a new market research report on the global gas turbine market from 2018-2022 ...

Technavio has published a new market research report on the global gas turbine market from 2018-2022. (Graphic: Business Wire)

The report will follow up on Technavio’s previous report on the gas
turbine market research, offering an up-to-date assessment of the market
in the context of new developments, recent trends, along with an
analysis of present-day competitors.

The upgraded research report on the gas turbine market is an integral
part of Technavio’s unit
operations
portfolio. Technavio covers an extensive range of
market research reports on the unit operations market, covering
different regions and top industry segments. Some of the topics include
woodworking machines, power transformers, smart oilfield, railway AC
units, and pneumatic equipment.

This report is available at a USD 1,000 discount for a limited time
only:
View
market snapshot before purchasing

Save more with Technavio. Buy 2 reports and get the
third for FREE:
View
all Technavio’s current offers

Global growth opportunities

APAC is expected to become the largest revenue contributing region in
the market by 2020 and is projected to occupy more than 49% of the
overall market share. The high demand for power generation is attributed
to the rising economic developments in the region. Factors such as the
surge in carbon emission concerns due to prominence of coal-based power
generation fueled the demand for gas turbines in the market. The growing
need to replace coal-fired plants with natural gas-based gas turbine
plants influence the market’s growth.

In the previous report, a senior research analyst at Technavio stated,
“The growing demand for distributed power generation is one of the
primary drivers for this market. Distributed power technologies use
natural gas and are highly flexible, and applicable across various
sectors including electric power, propulsion, and mechanical power. They
are widely available, compact, more efficient, and less expensive, and
help in meeting the global energy requirements. Gas turbines form an
integral part of distributed power technologies, and the growth of
distributed power systems will augment the demand for gas turbines.”

Technavio’s new on the report on the global
gas turbine market
will evaluate the key geographical
regions and their behavior over the past four years, introducing new
data and observations and providing new predictions.

Looking for the latest information on the global gas turbine market? Request
a free sample report

Technavio’s sample reports are free of charge and contain multiple
sections of the report such as the market size and forecast, drivers,
challenges, trends, and more.

Detailed analysis at your fingertips

Some of the topics that will be revisited in the new report include:

  • Market size and growth rate through 2022
  • Top factors driving the market growth
  • Key players in the market
  • Challenges in the market

The report on the global
gas turbine market
for the period 2018-2022 is available to
order now and will be delivered within one week of purchase.

Personalize this report according to your needs: Request
a customization

Technavio’s analysts and industry experts will work directly with you
to understand your requirements. We offer USD 1,000 worth of FREE
customization at the time of purchase.

About Technavio

Technavio
is a leading global technology research and advisory company. Their
research and analysis focuses on emerging market trends and provides
actionable insights to help businesses identify market opportunities and
develop effective strategies to optimize their market positions.

With over 500 specialized analysts, Technavio’s report library consists
of more than 10,000 reports and counting, covering 800 technologies,
spanning 50 countries. Their client base consists of enterprises of all
sizes, including more than 100 Fortune 500 companies. This growing
client base relies on Technavio’s comprehensive coverage, extensive
research, and actionable market insights to identify opportunities in
existing and potential markets and assess their competitive positions
within changing market scenarios.

If you are interested in more information, please contact our media team
at media@technavio.com.

Technavio Research
Jesse Maida
Media & Marketing Executive
US:
+1 844 364 1100
UK: +44 203 893 3200
www.technavio.com

Source: Business Wire
(May 4, 2018 - 8:28 AM EDT)

News by QuoteMedia

www.quotemedia.com

Share: