"The Report Global
Turbine Inlet Cooling Systems Market 2017-2021 provides information
on pricing, market analysis, shares, forecast, and company profiles
for key industry participants. - MarketResearchReports.biz"
MarketResearchReport.biz
has announced the addition of a new research report, titled “Global
Turbine Inlet Cooling Systems Market
2017-2021,” to its expanding repository. The report provides an
in-depth assessment of the global turbine inlet cooling systems
market, which includes market indicators, growth trends, and product
developments that will have a bearing on the market’s growth over
the forecast period from 2017 to 2021. The report presents the
development of the global turbine inlet cooling systems market across
North America, Europe, Asia Pacific, and Rest of the World for the
aforementioned forecast period.
According
to the report, the global market for turbine inlet cooling systems is
expected to expand at a CAGR of 3.98% from 2017 to 2021.
Turbine
inlet cooling systems are used to improve the performance and
efficiency of gas turbines. Mechanical chillers, wet compression,
inlet fogging, hybrid systems, and others are some of the cooling
technologies used for gas turbines.
The
report elucidates reasons for the growth of the turbine inlet cooling
systems market. First and foremost, decline in the number of
coal-based power plants is the major factor driving the market’s
growth. The increasing number of combined cycle gas turbine (CCGT)
power plants due to their higher thermal efficiency is further aiding
the market’s growth. Furthermore, development of newer power plants
in North America is also a key factor fuelling the growth of this
market.
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Report @
However,
the growth of the market is restrained due to several factors.
Volatile prices of natural gas and irregularities pertaining to
natural gas reserves and supplies are hindering the market’s growth
to a high degree. Moreover, increasing renewable sources for power
generation due to environmental considerations is negatively
impacting the market’s growth.
Nevertheless,
the market will be benefitted due to some of the opportunities that
are expected to come to the fore. Increasing distributed power
generation trend for eliminating cost and inefficiencies pertaining
to transmission and distribution and stringent government regulations
worldwide that oversee distribution networks and safety compliances
will present growth opportunities to the market. The resurgence of
nuclear power in Japan is further expected to benefit the market’s
growth.
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http://www.marketresearchreports.biz/pressrelease/4041
The
report studies the global turbine inlet cooling systems market from a
competitive standpoint as well. Key vendors for turbine inlet cooling
systems are mentioned and are profiled for their competitive
attributes. Some of the key vendors are American Moistening Company,
Caldwell Tanks, Siemens, Camfil Power Systems, Stellar Energy, Baltec
IES, Mee Industries, and Johnson Controls. A SWOT analysis of these
players is provided to present the indicators of strength, weakness,
opportunities, and threats until the end of the forecast period in
2021.
The
report begins with an overview of terms and terminologies,
classifications, and applications that are relevant in the context of
gas turbine operations. The report also discusses industry statutes
and industry policies that are in the purview of gas turbine safety
norms are included herein.
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