Los Angeles, CA -- (SBWIRE) -- 04/10/2019 -- Turbine Inlet Chilling (TIC) is a system of air conditioning for a gas turbine to maximize the gas turbine output across all ambient conditions. This system can use water or forced air as the form of cooling.
In the coming years there is an increasing demand for Turbine Inlet Cooling System in the regions of North America and Europe that is expected to drive the market for more advanced Turbine Inlet Cooling System. Growth in government budgets in the principal countries, increasing of energy fields expenditures, more-intense competition, launches in introducing new products, retrofitting and renovation of old technology, increasing adoption of Turbine Inlet Cooling System will drive growth in North America and Europe markets.
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Globally, the Turbine Inlet Cooling System industry market is concentrated as the manufacturing technology of Turbine Inlet Cooling System is relatively immatures than some high-tech equipment. And some enterprises, like Johnson Controls, Mee Industries, TAS, etc. are well-known for the wonderful performance of their Turbine Inlet Cooling System and related services. At the same time, North America, occupied 45% production market share in 2017, is remarkable in the global Turbine Inlet Cooling System industry because of their market share and technology status of Turbine Inlet Cooling System.
The global Turbine Inlet Cooling System market was 470 million US$ in 2018 and is expected to 660 million US$ by the end of 2025, growing at a CAGR of 5.0% between 2019 and 2025.
This report studies the Turbine Inlet Cooling System market size (value and volume) by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025; This report also studies the global market competition landscape, market drivers and trends, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis.
The various contributors involved in the value chain of the product include manufacturers, suppliers, distributors, intermediaries, and customers. The key manufacturers in this market include
Johnson Controls
Mee Industries
TAS Turbine Inlet Chilling
Mitsubishi Heavy Industries
Güntner
Stellar Energy
Caldwell Energy
Camfil
Donaldson
ARANER
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Geographically, this report is segmented into several key regions, with sales, revenue, market share and growth Rate of Turbine Inlet Cooling System in these regions, from 2014 to 2025, covering
North America (United States, Canada and Mexico)
Europe (Germany, UK, France, Italy, Russia and Turkey etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil etc.)
Middle East and Africa (Egypt and GCC Countries)
By the product type, the market is primarily split into
Inlet Fogging
Chiller System
Evaporative Cooling
Others
By the end users/application, this report covers the following segments
CT Plant
Industrial
Others
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