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Gas Turbine Services Market Report Forecasts Impressive Growth by 2022 - Scalar Market Research
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A Gas Turbine or Combustion Turbine is a type of internal combustion engine with the components like compressor, turbine and combustor. They are designed to convert liquid fuels to electric energy by combustion mechanism. They are primarily used in power generation and oil & gas industry. With increasing demand for energy and ageing existing gas turbines demand for Gas Turbine Services has increased recently. Major players in the market are offering services like repair and maintenance and complete overhaul.
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KEY PREMIUM INDUSTRY INSIGHTS
1. The key reasons driving the growth of the Gas Turbine Services market includes rising demand from the power generation sector, stringent emission norms for gas turbines and rising demand from repair and maintenance work due to existing aging gas turbines.
2. Advancement in technology is one of the key growth opportunity drivers for this market.
3. However, factors like preference for renewable energy & high service cost may hamper the growth of the Gas Turbine Services Market.
KEY MARKET PLAYERS
Key players in the gas turbine services market include:
1.General Electric
2.Sulzer Ltd.
3.Siemens Ltd.
.Mi4tsubishi Hitachi Power Systems, Ltd.
5.MAN Diesel & Turbo
6.Kawasaki Heavy Industries, Ltd.
7.Mechanical Dynamics & Analysis, Ltd.
8.EthosEnergy
9.MJB International Limited LLC
10.Ansaldo Energia s.p.a.
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About Scalar Market Research
Scalar Market Research, Inc. is a Chicago, U.S.-based market research and consulting firm that serves Fortune 1000 companies, leading businesses and upcoming organizations from around the world to help them achieve their business goal of sustainable revenue growth, utilizing Scalar’s premium market research reports and consulting services to make critical strategic decisions.
Our real-time industry data tracking, with the help of advanced analytics and machine learning, offers our clients highly accurate 360-degreeperspective of key developments in niche markets. Our team of industry experts, with a thorough understanding of the global markets and cumulative industry experience spanning 100+ years, works relentlessly to help our clients realize their most important business goals.
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