Boston, MA -- (SBWIRE) -- 03/11/2014 -- 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%).

China, Italy, Japan, the United Kingdom, and the United States represent the largest turbine markets while the strongest annual growth is forecast to occur in Greece (37.3%), Macedonia (28.6%), Lithuania (27.3%), Slovakia (26.6%), and Georgia (16.7%).

The industry data report package Turbine Markets in the World to 2018 - Market Size, Trends, and Forecasts offers the most up-to-date market data on the actual market situation, trends, and future outlook for turbines in the world. Along with a global turbine market report the package includes country reports from the following countries:

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Argentina, Austria, Belgium, Bulgaria, Canada, China, Czech Republic, Denmark, Ecuador, Egypt, Estonia, Finland, France, Georgia, Germany, Greece, Hungary, India, Indonesia, Ireland, Italy, Japan, Kazakhstan, Kyrgyzstan, Latvia, Lebanon, Lithuania, Macedonia, Malaysia, Morocco, Netherlands, Norway, Oman, Pakistan, Peru, Philippines, Poland, Portugal, Romania, Singapore, Slovakia, Slovenia, South Africa, South Korea, Spain, Sweden, Thailand, Turkey, Ukraine, United Kingdom, United States, Vietnam

The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.

The latest market data for this research include:

- Overall turbine market size in the world and different countries, 2007-2018
- Gas turbine market size in the world and different countries, 2007-2018
- Hydraulic turbine and water wheel market size in the world and different countries, 2007-2018
- Steam and vapour turbine market size in the world and different countries, 2007-2018
- Growth rates of the overall turbine market and different product segments in the world and different countries, 2007-2018
- Shares of different product segments of the overall turbine market in the world and different countries, 2007, 2013 and 2018
- Market Potential Rates of the overall turbine market and different product segments in the world and different countries

The product segments analyzed in the data reports include:

Gas turbines
Hydraulic turbines and water wheels
Steam and vapour turbines

The reports answer the following questions:

- What is the current size of the turbine market in the world and different countries?

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