Global Boiler Turbine Generator Equipment Market Research Report 2022
SKU ID : QYR-21325969 | Publishing Date : 18-Jul-2022 | No. of pages : 94
Market Analysis and Insights: Global Boiler Turbine Generator Equipment Market
Due to the COVID-19 pandemic, the global Boiler Turbine Generator Equipment market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Power Boilers accounting for % of the Boiler Turbine Generator Equipment global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Oil Power Plants segment is altered to an % CAGR throughout this forecast period.
The global boiler, turbine & generator market is fueled by the rising dependency on thermal power, which is anticipated to spur product demand. The growing industrialization, particularly in Asia Pacific is expected to encompass extensive boiler, turbine, and generator (BTG) equipment applications in the industries including power & energy. The capitalistic mindset of numerous manufacturers may instigate them to adopt the existing power generation techniques and may positively impact industry growth. However, firms may soon have to take alternative measures for energy production, thereby impeding the industry growth, which can be attributed to rising concern for sustainable energy and stringent governmental regulations about emissions.
Global Boiler Turbine Generator Equipment Market: Drivers and Restrains
The research report has incorporated the analysis of different factors that augment the market’s growth. It constitutes trends, restraints, and drivers that transform the market in either a positive or negative manner. This section also provides the scope of different segments and applications that can potentially influence the market in the future. The detailed information is based on current trends and historic milestones. This section also provides an analysis of the volume of production about the global market and about each type from 2017 to 2028. This section mentions the volume of production by region from 2017 to 2028. Pricing analysis is included in the report according to each type from the year 2017 to 2028, manufacturer from 2017 to 2022, region from 2017 to 2022, and global price from 2017 to 2028.
A thorough evaluation of the restrains included in the report portrays the contrast to drivers and gives room for strategic planning. Factors that overshadow the market growth are pivotal as they can be understood to devise different bends for getting hold of the lucrative opportunities that are present in the ever-growing market. Additionally, insights into market expert’s opinions have been taken to understand the market better.
Global Boiler Turbine Generator Equipment Market: Segment Analysis
The research report includes specific segments by region (country), by manufacturers, by Type and by Application. Each type provides information about the production during the forecast period of 2017 to 2028. by Application segment also provides consumption during the forecast period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Segment by Type
Power Boilers
Gas Turbines
Steam Turbines
Turbo Generators
Heat Recovery Steam Generators
Segment by Application
Oil Power Plants
Coal Power Plants
By Company
General Electric
Atlas Copco
Vestas
Enercon
Caterpillar
ABB Group
Bosch
Ingersoll Rand
Kirloskar
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Frequently Asked Questions
- By product type
- By End User/Applications
- By Technology
- By Region