MarketResearchReports.Biz
is providing you Retail Market Research report of “
Turbine
Market in South Korea 2015-2019”.
About Turbine
A turbine is a mechanical
device consisting of revolving rotors and blades that transform
rotational energy into usable energy. The fluid used for the rotation
can be steam, gas, or other combustion products such as CO2 and
carbon monoxide. There are three types of turbines, namely steam
turbines, gas turbines, and CCGT. Steam turbines extract thermal
energy from steam and convert it into mechanical energy. Gas turbines
are generally used in gas-fired power plants where an internal
combustion engine is placed, in which the fuel is mixed with air and
ignited. Because of the growing awareness about the environmental
pollution caused by thermal power plants, most of the newly
constructed gas-fired power plants are CCGT plants.
Technavio's analysts forecast
the turbine market in South Korea to grow at a CAGR of 6.4% over the
period 2014-2019.
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Covered in this Report
The report includes the
present scenario and the growth prospects of the turbine market in
South Korea for the period 2015-2019. In terms of type, the market
can be segmented into two: steam turbines and CCGT.
Technavio's report, Turbine
Market in South Korea 2015-2019, has been prepared based on an
in-depth market analysis with inputs from industry experts. The
report covers the market landscape and its growth prospects in the
coming years. The report includes a discussion of the key vendors
operating in this market.
Key Vendors
- Alstom
- Doosan Heavy Industries & Construction
- GE
- Mitsubishi Heavy Industries
- Siemens
Other Prominent Vendors
- ABB
- Westinghouse
Key Market Driver :
Adoption of Super Critical and Ultra-super Critical Technology
Key Market Challenge :
High Reliance on Energy Imports
Key Market Trend :
Increased Investments in Power Sector
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Table of Content :
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
04. Market Research
Methodology
05. Key highlights
06. Introduction
07. Market Landscape
08. Market Segmentation by
Type
09. Buying Criteria
10. Market Growth Drivers
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