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Steam Turbines Market Report Forecasts Impressive Growth by 2022 - Scalar Market Research

08-04-2017 10:27 AM CET | Science & Education

Press release from: Scalar Market Research

Steam Turbines Market Report Forecasts Impressive Growth

According to the report, “Steam Turbines Market, by Type (Steam Cycle, Combined Cycle, Cogeneration), Rated Capacity (1-120 Mw, 121-350 Mw, 351-750 Mw, Above 750 Mw), Application (Coal, Biomass, Nuclear, Others) - Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022”, the market for steam turbines is expected to grow at an impressive rate, due to the increased prevalence of diseases and the rising demand from around the world.

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The objective of this report is to describe the market trends and revenue forecasts for the steam turbines market for the next five years. The report focuses on defining and describing the key influencing factors for the growth of the market. It also offers an in-depth analysis of the market size (revenue), market share, major market segments, different geographic regions, key market players, and premium industry trends.

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KEY PREMIUM INDUSTRY INSIGHTS

1. The key factor driving the growth of steam turbines market include increasing investments in the infrastructure of electricity generation, especially in the emerging economies of Asia-Pacific region.

2. Moreover, rise in the electricity consumption and increasing thermal power capacity additions will further drive this market

3. However, regulatory policy restrictions on fossil-fuel fired power plants and delay in the construction of new nuclear power plants are the factors that will restrain the growth of steam turbines market

MARKET SEGMENTATION

This report analyzes the steam turbines market by the following segments:

Steam Turbines Market, By Rated Capacity
1. 1-120 Mw
2. 121-350 Mw
3. 351-750 Mw
4. Above 750 Mw

Steam Turbines Market, By Application
1. Coal
2.0 Biomass
3. Nuclear

KEY MARKET PLAYERS

Key players in the steam turbines market include:

1. Alstom SA
2. Siemens AG
3. Toshiba Corporation
4. General Electric Company
5. Mitsubishi Hitachi Power Systems, Ltd.
6. Eliott Group
7. Ansaldo Energia S.P.A.
8. Shanghai Electric Group Co. Ltd.
9. Dongfang Electric Corporation Limited
10. Harbin Electric International Company Limited

Browse Report: https://www.scalarmarketresearch.com/market-reports/steam-turbines-market

About Scalar Market Research

Scalar Market Research Inc. aspires to assist organizations from around the world to achieve their business goal with premium market research reports and consulting services. Our real-time industry tracking with the help of advanced analytics offers a crystal clear view of all the activities in niche markets. Our team, with thorough global understanding, works relentlessly to gather the necessary market insights, including customer analysis, competitions and global forecast.

Find out more about our services at: www.scalarmarketresearch.com

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