World Steam Turbines Market Growth Steady at 3% CAGR to 2019: New Industry Research Reports
DALLAS, January 16, 2015 /PRNewswire/ --
ReportsnReports.com adds Global Steam Turbine Market 2015-2019 and World: Steam Turbines And Other Vapor Turbines - Market Report. Analysis and Forecast to 2020 research reports to its store.
The Global Steam Turbine Market 2015-2019 research report says that worldwide, the steam turbine industry is reaching the maturity stage. Thermal power generation is the most developed technology for power generation. High investment can be seen in technologies such as renewable energy sources and gas turbine-based thermal power plants. Steam turbines are used to convert thermal energy of steam into mechanical energy with the help of blades attached to a rotor. Rotation of the turbine starts when high pressurized steam passes through a series of rotor blades.
Analysts forecast the Global Steam Turbine market to grow at a CAGR of 3% over the period 2014-2019.According to the report, increased demand for electricity because of the increase in population and industrialization is one of the key drivers of the market. Rapid industrial development in many developing countries has significantly increased the demand for power and is likely to continue in the coming years.
The Global Steam Turbine market has been segmented based on geography and capacity. The research has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the Americas, and the EMEA and APAC regions; it also covers the Global Steam Turbine market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Further, the report states that one of the key challenges in this market is the increased emphasis on gas-fired power generation. The increased focus on reducing carbon emissions has forced several vendors and governments to shift focus from traditional power generation to alternative sources such as gas-fired power generation, which will help reduce carbon emissions.
Key players of the Global Steam Turbine Market discussed in this research are: Alstom SA, Dongfang Electric Corporation (DEC) Ltd., Elliot Group, GE Energy, Hangzhou Steam Turbine Co. Ltd., Harbin Turbine Co. Ltd., Nanjing Turbine & Electric Machinery (Group) Co. Ltd., Shandong Qingneng Power (QNP) Co. Ltd., Shanghai Electric Group Co. Ltd. and Siemens AG. Other Prominent Vendors in the market are: China Chang Jiang Energy, GuangZhou SKODA-JINMA Turbine, Mitsubishi Hitachi Power Systems, Sokeo Power and Triveni Group. Order a copy of this report at (Prices start at US $ 2500 for a single user PDF) http://www.reportsnreports.com/Purchase.aspx?name=323204 .
Market Driver: Increased Demand for Electricity
Market Challenge: Emphasis on Gas-fired Power Generation
Market Trend: Reaching Maturing Stage
The World: Steam Turbines And Other Vapor Turbines - Market Report. Analysis and Forecast to 2020 (http://www.reportsnreports.com/reports/324076-world-steam-turbines-and-other-vapor-turbines-market-report-analysis-and-forecast-to-2020.html ) is delivered within 3-4 working days of ordering it online with ReportsnReports.com. The report provides an in-depth analysis of the global market for Steam Turbines And Other Vapor Turbines. It presents the latest data of the market size, consumption, domestic production, exports and imports, price dynamics and trends in the industry. The report shows the sales data, allowing you to identify the key drivers and restraints. You can find here a strategic analysis of key factors influencing the market. Forecasts illustrate how the market will be transformed in the medium term. Profiles of the leading manufacturers are also included.
Countries coverage: 68 countries
Product coverage: Steam turbines and other vapour turbines for marine propulsion or other.
Data coverage:
Market value
Volume and dynamics of production
Structure of production by regions and counties
Key market players and their profiles
Volume and dynamics of exports/imports
Producer prices, import/export prices
Market trends, drivers and restraints
Forecast of the market dynamics in the medium term
Per-Capita Consumption
List of Exhibits provided in Global Steam Turbine Market 2015-2019 research report include:
Exhibit 1: Market Research Methodology
Exhibit 2: Schematic Diagram of Steam Turbine-based Power Plant
Exhibit 3: Global Steam Turbine Market 2014-2019 (US$ billion)
Exhibit 4: Global Steam Turbine Market by Capacity 2014-2019
Exhibit 5: Global Steam Turbine Market by Capacity 2014-2019
Exhibit 6: Global 350+ MW Steam Turbine Market 2014-2019 (US$ billion)
Exhibit 7: Global 121-350 MW Steam Turbine Market 2014-2019 (US$ billion)
Exhibit 8: Global 1-120 MW Steam Turbine Market 2014-2019 (US$ billion)
Exhibit 9: Global Steam Turbine Market by Geographical Segmentation 2014
Exhibit 10: Global Steam Turbine Market by Geographical Segmentation 2019
Exhibit 11: Global Steam Turbine Market by Geographical Segmentation 2014-2019 (US$ billion)
Exhibit 12: Global Steam Turbine Market by Geographical Segmentation 2014-2019
Exhibit 13: Steam Turbine Market in APAC Region 2014-2019 (US$ billion)
Exhibit 14: Steam Turbine Market in Americas 2014-2019 (US$ billion)
Exhibit 15: Steam Turbine Market in EMEA Region 2014-2019 (US$ billion)
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