Market Research Logo

Turbine Market in India 2015-2019

Turbine Market in India 2015-2019

About Turbines

A turbine transforms rotational energy to usable energy with the help of revolving rotors and blades. Steam, gas, or other combustion products such as CO2 and carbon monoxide are used for the rotation. Steam turbines are used to extract thermal energy from steam to perform mechanical functions using blades attached to a rotor. The turbine rotates when highly pressurized steam passes through a series of rotor blades.Gas turbines are used in gas-fired power plants in which an internal combustion engine is placed, where the fuel is mixed with air and ignited. The resultant high-temperature gas is directed to a gas turbine through a nozzle, which results in the rotation of the turbine.

Technavio's analysts forecast the Turbine market in India to grow at a CAGR of 3.3% over the period 2014-2019.

Covered in this Report

The report includes the present scenario and the growth prospects of the turbine market for the period 2015-2019. The market can be segmented into two divisions: Steam turbines and CCGT.

Technavio's report, Turbine Market in India 2015-2019, has been prepared based on in-depth market analysis with inputs from industry experts. The report covers the landscape of the turbine market and its growth prospects in the coming years. The report includes a discussion of the key vendors.

Key Vendors

  • GE
  • BHEL
  • Siemens
  • Shanghai Electric
  • Dongfang Electric
Other Prominent Vendors
  • Alstom
  • Toshiba JSW Power
Key Market Driver
  • Adoption of Super Critical Technology
  • For a full, detailed list, view our report
Key Market Challenge
  • Fuel Security Concerns
  • For a full, detailed list, view our report
Key Market Trend
  • Financial Support from Government
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?


Press Release

Technavio Announces the Publication of its Research Report – Turbine Market in India 2015-2019

Technavio recognizes the following companies as the key players in the Turbine Market in India: GE, BHEL, Siemens, Shanghai Electric and Dongfang Electric

Other Prominent Vendors in the market are: Alstom and Toshiba JSW Power

Commenting on the report, an analyst from Technavio’s team said: “The Government of India provides various financial and tax incentives for the power producers in the country. Industrialization has triggered the demand for power. Therefore, the government has proposed to establish UMPPs functioning on supercritical technology to meet this rising power demand. The government allocated $16 million for preparatory work for these UMPPs. Under Deen Dayal Upadhaya Gram Jyoti Yojana, the government allocated $ 78.68 million for launching feeder separation to augment the power supply to rural areas. Apart from this, the government has also provided state-based, area-based, and R&D incentives. Therefore, the government has provided various forms of financial support to strengthen the power sector in India. These favorable incentives will boost the installation of turbines for power plants in the country.”

According to the report, India has abundant coal reserves that play a crucial role in ensuring power demand. Coal-fired power generation using steam turbines is the major contributor for overall power generation in the country. Traditional thermal power plants consisted of sub-critical boilers that rotated steam turbines to generate power. The power efficiencies have increased with the adoption of supercritical technology. It also led to the decrease in CO2 emissions considerably. The emphasis on reducing CO2 emissions encouraged NTPC to take an initiative to implement supercritical technology for power plants in India. NTPC has commissioned three supercritical units in the country and it is expected to increase further. As coal is expected to remain the mainstay fuel in India in the coming years, the adoption of advanced supercritical technology will increase power efficiency and decrease CO2 emissions.

Further, the report states that the non-availability of gas for thermal power plants has become the major challenge in India.

Companies Mentioned

GE, BHEL, Siemens, Shanghai Electric, Dongfang Electric, Alstom, Toshiba JSW Power

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Key Highlights
    • UMPPs Registering a Steady Pace of Development with Two Active Online and Four Upcoming Projects
    • Dearth of Natural Gas Resources Posing Serious Threat to Gas-fired Power Plants
    • Delay in Availability of Funds Causing Distressed Asset Acquisitions
    • Steam Turbines are Likely to Dominate in 2019
      • Table Steam Turbine Installations in India 2014-2019 (MW)
  • Introduction
    • Table Types of Turbine
    • Table Schematic Diagram of CCGT-based Power Plant
    • Table Schematic Diagram of Steam Turbine-based Power Plant
    • Table Schematic Diagram of Gas Turbine-based Power Plant
  • Market Landscape
    • Market Overview
    • Power Market in India by Region
      • Western Region
        • Table Top Five Active Thermal Power Plants in Western Region (MW)
      • Northern Region
        • Table Top Five Active Thermal Power Plants in Northern Region (MW)
      • Southern Region
        • Table Top Five Active Thermal Power Plants in Southern Region (MW)
      • Eastern Region
        • Table Top Five Active Thermal Power Plants in Eastern Region (MW)
        • Table Power Generation in India for FY 2010-2014 (TWh)
    • Market Size and Forecast
      • Table Turbine Market in India 2014-2019 (MW)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Turbine Market in India by Type 2014
      • Table Turbine Market in India by Type 2014
    • Turbine Market in India by Type 2019
      • Table Turbine Market in India by Type 2019
      • Table Turbine Market in India by Type 2014-2019
    • Steam Turbine Market in India
      • Market Size and Forecast
        • Table Steam Turbine Market in India (MW)
      • Steam Turbine Market by Power Company
        • Table Steam Turbine Market by Power Companies in 2014 (MW)
        • Table Top Five Coal-fired Power Plants by Power Companies in 2014 (MW)
    • CCGT Market in India
      • Market Size and Forecast
        • Table CCGT Market in India (MW)
      • CCGT Market by Company
        • Table CCGT Market by Power Companies in 2014 (MW)
        • Table Top Five Gas-fired Power Plants by Power Companies in 2014 (MW)
        • Table CCGT Process Life Cycle
    • Key Regulations
  • Buying Criteria
  • Market Growth Drivers
    • Table Upcoming Supercritical Thermal Capacity from NTPC (MW)
    • Table Granted UMPPs in India
    • Table Annual Coal Production in India FY 2010-2013 (million tons)
  • Drivers and their Impact
  • Market Challenges
    • Table Upcoming Gas-fired Power Plants in India
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Recent Acquisitions
  • Trends and their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key Vendors Snapshot
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Bharat Heavy Electricals
      • Key Facts
      • Business Overview
      • Business Segmentation
        • Table Bharat Heavy Electricals: Business Segmentation 2014
      • Business Segmentation by Revenue 2012-2014
        • Table Bharat Heavy Electricals: Business Segmentation by Revenue 2012-2014 ($ billions)
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • General Electric
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table General Electric: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table General Electric: Business Segmentation by Revenue 2013 and 2014 ($ billions)
      • Geographical Segmentation by Revenue 2014
        • Table General Electric: Geographical Segmentation by Revenue 2014
      • Business strategy
      • Recent Developments
      • SWOT Analysis
    • DEC
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table DEC: Business Segmentation by Revenue 2013
      • Business Segmentation By Revenue 2012 and 2013
        • Table DEC: Business Segmentation By Revenue 2012 and 2013 ($ millions)
      • Geographic Segmentation by Revenue 2013
        • Table DEC: Geographic Segmentation by Revenue 2013
      • Business Strategy
      • SWOT Analysis
    • Shanghai Electric Group
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Shanghai Electric Group: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Shanghai Electric Group: Business Segmentation by Revenue 2012 and 2013 ($ millions)
      • Geographical Segmentation by Revenue 2013
        • Table Shanghai Electric Group: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Siemens
      • Key Facts
      • Business Description
      • Business Segmentation
        • Table Siemens: Business Segmentation 2013
      • Revenue by Business Segmentation
        • Table Siemens: Revenue by Business Segmentation 2013
      • Revenue Comparison by Business Segmentation 2012 and 2013
        • Table Siemens: Revenue by Business Segmentation 2012 and 2013 ($ billions)
      • Sales by Geography
        • Table Siemens: Revenue by Geographical Segmentation 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
  • Other Reports in this Series

Download our eBook: How to Succeed Using Market Research

Learn how to effectively navigate the market research process to help guide your organization on the journey to success.

Download eBook

Share this report