About Steam Turbine
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. TechNavio's analysts forecast the Global Steam Turbine market to grow at a CAGR of 3.0 percent over the period 2014-2019.
Covered in this Report
The Global Steam Turbine market has been segmented based on geography and capacity. TechNavio's report, Global Steam Turbine Market 2015-2019, 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.
Key Regions
• Americas • APAC • EMEA
Key Vendors
• Alstom • Dongfang Electric Corporation (DEC) • Elliot Group • GE Energy • Hangzhou Steam Turbine • Harbin Turbine • Nanjing Turbine & Electric Machinery (Group) • Shandong Qingneng Power (QNP) • Shanghai Electric Group • Siemens
Other Prominent Vendors • China Chang Jiang Energy • Doosan Skoda Power • GuangZhou SKODA-JINMA Turbine • Mitsubishi Hitachi Power Systems • Sokeo Power • Triveni Group
Market Driver
• Increased Demand for Electricity • For a full, detailed list, view our report
Market Challenge
• Emphasis on Gas-fired Power Generation • For a full, detailed list, view our report
Market Trend
• Reaching Maturing Stage • For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be? • What are the key market trends? • What is driving this market? • What are the challenges to market growth? • Who are the key vendors in this market space? • What are the market opportunities and threats faced by the key vendors? • What are the strengths and weaknesses of the key vendors?
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