A recent report published by Infinium Global Research on industrial steam turbines market provides in-depth analysis of segments and sub-segments in the global as well as regional industrial steam turbines market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional industrial steam turbines market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global industrial steam turbines market. According to the report, the global industrial steam turbines market is projected to grow at a CAGR of 4.40% over the forecast period of 2018-2024.
The report on global industrial steam turbines market covers segments such as type, rated capacity, and end user. On the basis of type, the sub-markets include combined cycle, and cogeneration. On the basis of rated capacity, the sub-markets include less than 125 mw, 125-300 mw, 300-550 mw, 550-750 mw, and more than 750mw. On the basis of end user, the sub-markets include industrial, utility, and power.
The report provides regional analysis covering geographies such as North America, Europe, Asia-Pacific, and Rest of the World. In this section, the key trends and market size for each geography are provided over the period of 2016-2024. The countries covered in the North America region include the U.S., Canada, and Mexico while Asia-Pacific includes China, Japan, India, South Korea, Malaysia, and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe are included in the European region. The U.S. drives the growth in the North America region as it is the largest market in this region. The Asia-pacific region offers a substantial potential for the market growth owing to rapid growth in markets such as India and China.
The report provides profiles of the companies in the market such as MITSUBISHI HEAVY INDUSTRIES, LTD., Elliott Group, Harbin Electric Machinery Co., Ltd., GENERAL ELECTRIC, Dongfang Electric Corporation, Fuji Electric Co., Ltd., Power Machines, Ansaldo Energia, Doosan Škoda Power, Kawasaki Heavy Industries Ltd., Peter Brotherhood Ltd., and Siemens AG.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of industrial steam turbines market. Moreover, the study highlights current market trends and provides forecast from 2018-2024. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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