The global turbogenerator market is expected to be a 10.36 billion dollar industry by 2019, with a projected CAGR of 0.7%, signifying a high demand for turbogenerators in developing countries and market saturation in developed countries.
Dallas, TX -- (SBWIRE) -- 12/10/2014 -- The report "Turbogenerator Market by Capacity (10-175 MVA, 175 MVA- 550 MVA, 550 MVA & Above), by End-User (Coal Power Plants, Gas Power Plants, Nuclear Power Plants, Others), by Cooling (Air Cooled, Hydrogen cooled, Water Hydrogen Cooled) & Geography (Asia-Pacific, Europe, Middle East & Africa, North America, South America) - Global Trends and Forecasts to 2019" defines and segments the global turbogenerator market with an analysis and forecast of the revenue. The turbogenerator market will grow from an estimated $10 billion in 2014 to $10.36 Billion by 2019 with a CAGR of 0.7% from 2014 to 2019.
Browse 95 market data tables and 58 figures spread through 266 pages and in-depth TOC on "Turbo Generator Market - Global Trends and Forecasts to 2019"
Early buyers will receive 10% customization on this report.
Asia-Pacific still expected to witness highest demand
The global turbogenerator market is expected to cross $ 10 billion mark by 2019, growing at a CAGR of 0.7% from 2014 to 2019. In terms of market size, Asia-Pacific stood first followed by Europe and North America in 2013. Rapid industrialization in the emerging countries of Asia-Pacific has led to increased growing power demand, creating a huge demand new power plants in the region. Between 2014 and 2019, the region is expected to witness the highest capacity additions though to reach $6.62 billion by 2019.
Request for a Customization of this Report
Coal Fired power plants dominates the demand in market
Coal fired power plants with big capacities are rapidly coming up in China and India accounting for almost 55% share of the total turbogenerator market in 2013. This segment is expected to witness stagnation at these levels on account of the increased environmental awareness and stringent regulations put in place by the regulatory bodies.
MarketsandMarkets is world's No. 2 firm in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M's flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
North - Dominion Plaza
17304 Preston Road
Suite 800, Dallas, TX 75252
Visit MarketsandMarkets Blog
Connect with us on LinkedIn