New Market Research Report: Turbine Markets in the World to 2018 - Market Size, Trends, and Forecasts
The expansion of the global turbine industry is forecast to reach 5.1% p.a. in the coming years. Between 2007 and 2013 the market increased with an average annual growth of 5.1%. Currently, gas turbines accounts for 69.9% of the global demand while the remaining market share is divided between steam and vapour turbines (25.3%), and hydraulic turbines and water wheels (4.9%).
View full press release