Advancements in Technology Gas Turbine MRO Market for Power Generation Will Drive Growth at CAGR of 4.14% Between 2017-2021
Gas turbines are mainly used in gas-fired power plants for power generation. Natural gas is used as a source of fuel in gas turbines owing to lesser carbon emissions when compared with coal. Owing to advancements in technology, gas turbines provide better output at higher efficiencies. The efficiency of gas turbines has increased drastically from 15% to nearly 60%. To maintain the efficiency of gas turbines during their lifetime, MRO services are used.
View full press release