gas turbine market Gas Turbine Sales will decline during the forecast period 2018-2020, IndustryARC forecast the number to drop to less than 100 per year in 2019 and 2020 HYDERABAD, TELANGANA, INDIA, September 15, 2018 /EINPresswire.com/ — HYDERABAD, India, September 14, 2018 Global gas turbines market is is estimated to reach $20 billion by 2025 The report “Gas turbines Market: By Design Type (Heavy duty, Industrial and aero derivative); By Capacity (1MW-40MW, 40MW-150MW, 150MW-300MW and above 300MW); By Technology (open cycle and Combined cycle); By Application (Power generation, Oil & Gas, aerospace, marine and others); By Geography – Forecast (2017 – 2021)” published by IndustryARC, estimates the market to reach $20 billion by 2025 Browse 85 Market Tables, 15 Figures spread through 150 slides and an in-depth TOC on “Global Gas Turbines Market (2018 – 2023)” Gas turbines are used extensively for combined heat and power (CHP), particularly at industrial and large institutional sites. More than 80% of this gas turbine CHP capacity is in large combined cycle plants that export power to the electric grid. The remaining gas turbine CHP capacity is made up of simple cycle gas turbine CHP systems, typically less than 40 MW. Gas turbines are… Read full this story
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