The global Turbo Generator market was valued at $41.84 billion in 2020 and is projected to reach $57.18 billion by 2028, with a CAGR of 3.84% from 2021 to 2028. This growth can be attributed to several macroeconomic and microeconomic factors, such as the increasing demand for a continuous and stable power supply.
The latest research report by Evolve Business Intelligence explores the various factors influencing the global market. It includes an analysis of the current market size, forecasts for key segments and regions, and the driving forces behind market growth. The report examines the potential impacts of key trends on business strategies and provides a SWOT analysis of critical sectors for each major competitor and customer group. This valuable data highlights the conglomerates likely to impact the industry, crucial for any company planning to invest strategically over the next five years. These insights complement our initial quantitative study, aiding in new investments and strategic planning to mitigate threats in existing sectors.
Segments covered
By Type (Gas Turbine Generator, Steam Turbine Generator, Water Turbine Generator, Others)
By Cooling System (Air-Cooled, Water-Cooled, Hydrogen-Cooled, Others)
By End-User (Coal Power Plants, Gas Power Plants, Nuclear Power Plants, Others)
Key players
Andritz
Ansaldo Energia
Bharat Heavy Electrical Limited
Beijing BEIZHONG Steam Turbine Generator Co
Ebara Corporation
General Electric
Mitsubishi Heavy Industries
Siemens
Suzlon Energy Ltd.
Toshiba Corporation
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