According to recently published research, the expansion
of the global turbine industry is forecast to reach 5.1% p.a. in the coming
years. Between 2007 and 2013 the market increased with an average annual growth
of 5.1%. Currently, gas turbines account for 69.9% of the global demand while
the remaining market share is divided between steam and vapour turbines
(25.3%), and hydraulic turbines and water wheels (4.9%).
China, Italy, Japan, the United Kingdom, and the United
States represent the largest turbine markets while the strongest annual growth
is forecast to occur in Greece (37.3%), Macedonia (28.6%), Lithuania (27.3%),
Slovakia (26.6%), and Georgia (16.7%).
Turbine market size compared to market growth in
different countries – (See attached
image)
Based on in-house analysis and an advanced model which
takes into consideration the actual market size, trends, forecast market
growth, and changes in the market environment, Global Research and Data
Services calculates the Market Potential Rates, the predicted market potential
of the country in the coming years. The larger the Market Potential Rate, the
more potential the market has in the coming years; and conversely, the smaller
the rate, the less potential the market is considered to have in the future.
Based on these Market Potential Rates, the top 20 highest potential turbine
markets in the coming years are: (See
attached chart image)
Countries
covered in reports:
The market information is based on new industry reports
offer the most up-to-date perspective on the actual market situation, trends,
leading companies, and future outlook for turbines in the world and
individually for the following countries:
Argentina, Austria, Belgium, Bulgaria, Canada, China,
Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia,
Germany, Greece, Hungary, India, Indonesia, Ireland, Italy, Japan, Kazakhstan,
Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Morocco,
Netherlands, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal,
Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain,
Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam
The studies include historic market data from 2007 to
2013 and forecasts until 2018 which makes the reports an invaluable resource
for industry executives, marketing, sales and product managers, analysts, and
other industry professionals looking for key market insights in a readily
accessible and clearly presented format.
The market studies help identify:
- What is the size of the global turbine market?
- What is the size of the turbine market in different countries around the world?
- How are the markets divided into different product segments?
- Which products are growing fast?
- How have the markets been developing?
- What does the future look like?
- What is the market potential?
- Which major companies are operating in the market?
Product segments analyzed in the studies:
- Gas turbines
- Hydraulic turbines and water wheels
- Steam and vapour turbines
Major players in global turbine market covered in these
reports are:
Eletsgidroagregat Oao, Energomash (Sysert) Uralgidromash
Zao, Gamesa Corporacion Tecnologica SA, GE, Gms Neftemash Oao, Hangzhou Steam
Turbine Co., Ltd., Harbin, Honda Siel Power Products Limited, Howmet Castings
& Services, Inc. - Whitehall Casting, IHI Corporation, Izhneftemash Oao,
Jiangsu Jixin Wind Energy Technology, Jiar Travelware Co Ltd, Kaluzhskiy
turbinnyi zavod OAO, Kryvoriz'kyi turbinnyi zavod Konstar PAT, Leningradskiy
Metallurgical Plant Joint Stock Company, MAN Diesel & Turbo, Mitsubishi
Heavy Industries, Ltd., Nanjing Turbine&Electric Machinery(Group) Co.,Ltd.,
Nordex SE, Northrop Grumman Marine Systems, NPO Iskra OAO (P), Powerica Ltd,
Shanghai Dianqi Power Station Equipment Co.,Ltd, Shanghai Electric Group
Company Limited, Siemens, Sinovel Wind Group Company Limited, Solar Turbines
Inc, Suzlon Energy Limited, Turbine Engine Components Technologies Corp., Turbo
Energy Limited, Turboatom VAT, Tuthill Corporation, Vestas, Wolong Electric
Group Co., Ltd., Woodward Inc, Wuhan Steam Turbine Factory, WuXi Turbine Blade
Company Limited, Xiangtan Electric Manufacturing Co.,Ltd., Xinjiang Goldwind
Science & Tech Co Ltd, and Zhejiang Fuchunjiang Hydrpwr Equip Co Ltd.
Check more about the "Turbine Markets in the World
to 2018- Market Size, Trends, and Forecasts" Report at: http://www.marketresearchreports.com/global-research-and-data-services/turbine-markets-world-2018-market-size-trends-and-forecasts
Related
Report;
Global Turbine Market to 2018- Market Size, Growth, and
Forecasts in Over 50 Countries - See more at: http://www.marketresearchreports.com/marketsizeinfo/global-turbine-market-2018-market-size-growth-and-forecasts-over-50-countries
Find All Turbines Market Research Reports, Analysis & Trends at: http://www.marketresearchreports.com/turbines
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