Press release
Steam turbine Market 2024: Global Industry Top Key Players – Siemens, Kawasaki Heavy Industries, Toshiba, General Electric, Eliott Group, Bharat Heavy Electricals Limited, Ansaldo Energia, Mitsubishi Hitachi Power Systems
Rising focus toward expansion of generating capacity and resurgent economic growth across major countries will fuel the market growth. The ongoing expansion of thermal power generation along with a positive outlook toward the utilization of geothermal energy resources will boost the demand for large capacity steam turbines. Furthermore, efforts to reduce electricity supply demand gap will complement the business scenario.
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Growing inclination toward the adoption of energy efficient technologies along with regulatory norms to reduce carbon footprint will stimulate the market growth. Growing demand for reliable electricity along with positive outlook toward the adoption of combined cycle technology will further drive the industry growth. However, reduced investments across the coal fired systems and stringent government measures to reduce dependence on fossil fuel fired power generation may hamper the industry growth.
Report Content
Chapter 1. Methodology & Scope
Chapter 2. Executive Summary
Chapter 3. Steam Turbine Industry Insights
Chapter 4. Steam Turbine Market, By Design
Chapter 5. Steam Turbine Market, By Exhaust
Chapter 6. Steam Turbine Market, By Fuel
Chapter 7. Steam Turbine Market, By End-Use
Chapter 8. Steam Turbine Market, By Capacity
Chapter 9. Steam Turbine Market, By Technology
Chapter 10. Steam Turbine Market, By Region
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