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Global Turbo Generator Market

  • Published Date: 15 Jan 2018
  • Number of Pages: 183
  • Category: Industrial
  • Country: Global
Turbogenerators are large turbines which are connected to electrical generators to generate electricity. There are three types of turbo generators - steam, gas and ahydroturbogenerator. Gas turbines are used to power small turbogenerators as it is used gaseous fuels. Steam turbines are used for powering large turbo generators and the steam is produced by various methods like nuclear power and burning coal. These two types of turbogenerators are the main generators of electrical power in North America. Water Turbines are used to power hydroelectric power plants. These turbo generators can be used as a backup supply source during power failures. Turbogenerators power trains through gas turbine and ships through steam or gas turbine. Many evolving economies of the world thrive on the use of power and the power requirement is steadily growing.

Market Dynamics:

Here we will analyze the market dynamics such as drivers, trends and industry-specific challenges for the Turbo Generator market.

Drivers:

Factors driving the turbogenerator market is the increased population, industrialization, decline in poverty, growth in demand for electricity etc. Turbo Generator has many advantages like long life of the machine and environmentally friendly energy produced from renewable energy sources. Power plants of coal are increasingly being built in emerging economies like India and it accounts for more than 50% of the total market share. Turbogenerators are used as an alternate source of energy and this is another factor driving the turbogenerator market. Soon technological advancements can reduce the manufacturing costs involved and this will help the industry greatly.

Restraint & Challenges:

There are many restraints with regards to environmental damage, countries are planning to sign agreements on climate change and shift from fossil fuels to renewable energy like solar. Other factors that will hamper growth in the market would be high production cost, electric shock caused by high voltage, high maintenance and repairing cost

Market Segmentation:

The market is segmented by End-User Power Plants:
--> Coal
--> Gas
--> Nuclear
--> Biomass
--> Geothermal

The market is segmented by types of cooling arrangement:
--> Air cooled
--> Hydrogen cooled
--> Water hydrogen cooled

The market is segmented by types:
--> Gas turbine turbogenerator
--> Steam turbine turbogenerator
--> Water turbine turbogenerator

Geographic analysis:

The market for turbogenerator is showing extreme growth in the Asia Pacific countries. With rapid industrialization, improved infrastructure, growing business demands and population increase are showing asignificant rise in countries like China, India, Indonesia and Japan. The next in line is the European market which is looking at government regulations, and reduction in power consumption so as to establish their use for turbogenerator in many industries across the countries. China is currently leading the market of turbogenerators as it is the largest energy producer. The strong demand for petroleum has put China on the energy market scene.

Key Players:

Some of the major players in the market include:
--> General Electric, Inc.
--> Mitsubishi Hitachi Power Systems
--> Suzlon Energy Ltd
--> BHEL
--> Siemens AG
--> Dongfang Electric Corporation Limited
--> Andritz AG
--> Bowman Power Group Ltd
--> Rolls-Royce Holding PLC

Report Contents:

> Market segments
> Market Drivers, Restraints and Opportunities
> Market Size & Forecast 2016 to 2022
> Supply & Demand Value Chain
> Market - Current Trends
> Competition & Major Companies
> Technology and R&D Status
> Porters Five Force Analysis
> Strategic and Critical Success Factor Analysis of Key Players

Regional Analysis:

> North America

>> US and Canada


> Latin America

>> Mexico, Brazil, Argentina and Rest of Latin America


> Western Europe

>> EU5 (Germany, France, Italy, Spain, U.K.)
>> Nordic Countries (Denmark, Finland, Norway, and Sweden)
>> Benelux (Belgium, The Netherlands, and Luxembourg)
>> Rest of Western Europe


> Eastern Europe

>> Russia
>> Poland
>> Rest of Eastern Europe


> Asia Pacific

>> China
>> India
>> Japan
>> Australia and New Zealand
>> Rest of Asia Pacific


> Middle East and Africa

>> GCC countries (Saudi Arabia, Oman, Qatar, Bahrain, UAE and Kuwait)
>> South Africa
>> North Africa
>> Rest of Middle East and Africa



This report is an elaborate aggregation of primary inputs from industry experts and participants across the supply chain. It provides details on market segmentation which is derived from several product mapping exercises, macroeconomic parameters and other qualitative and quantitative insights. The impact of all such factors is delivered across multiple market segments and geographies.

Report Highlights:

> Detailed Historical Overview (Market Origins, Product Launch Timeline, etc.)
> Consumer and Pricing Analysis
> Market dynamics of the industry
> Market Segmentation
> Estimated Market Sizing in terms of volume and value
> Recent trends in Market and impact
> Research Status and Technology Overview
> Extensive Industry Structure Coverage

Publisher Name : Market Litmus

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