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Turbine Market in India 2015-2019 www.technavio.co m enquiry@technavi o.com

Turbine Market in India 2015-2019

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Turbine Market in India 2015-2019

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Turbine Market in India 2015-2019

The report discusses the following in-depth:

• Market Size and Forecast

• Market Segmentation

• Buying Criteria

• Vendor Landscape

• Business Segmentation

• Geographical Segmentation

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2015-2019,please mail us at

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Key Trends

Technavio’s Senior Analyst says, “India has the fifth largest coal reserves in the world, which ensure sufficient fuel supply for thermal power plants operating in the country. In addition, the adoption of supercritical boiler technology helps in reducing GHG emissions and increasing plant efficiency. This has paved way for steam turbine installations, which in turn drives the growth of the turbine market in the country.”

• A turbine transforms rotational energy to usable energy with the help of revolving rotors and blades. Steam, gas, or other combustion products such as CO2 and carbon monoxide are used for the rotation.

• Technavio's analysts forecast the steam turbine market in India to grow at a CAGR of 3.3% over the period 2014-2019.

• Understanding the key drivers influencing the market

• Understanding the challenges faced by the market

• Activities of various stakeholders involved

• Key focus areas for the vendors

• Major trends that will shape the future of this market

• Vendor landscape and trajectory of the market

• Conclusion

Scope of The Report

A detailed analysis of each market driver, challenge

and trend isavailable in our report:

Turbine Market in India 2015-2019

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Vendors

To understand the vendor landscape and

for a full list of vendors view our

report:

Global Household Care Packaging Market 2015-2019

Bharat Heavy Electricals

General Electric

DEC

Bharat Heavy Electricals is owned by the Government of India. It operates as an engineering and manufacturing company. The company offers a wide spectrum of products and services related to the Power, Transportation, Transmission, Oil and Gas, Renewable Energy, and Defense industries.

General Electric was established in1892 and is headquartered in Fairfield, Connecticut, US. It offers infrastructure, healthcare, and financial services. The company operates through 100 subsidiaries to serve customers in more than 170 countries.

The company, along with its subsidiaries, manufactures and distributes energy generation equipment. It also accepts power project contracts in the PRC and worldwide. DEC operates through five business segments: High Efficiency and Clean Energy Generation Products, Construction Services for Power Stations, New Energy, Hydropower and Environmental Protection Equipment, and Others.

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Market Landscape

• The growth of the turbine market in India can be attributed to the FYP initiative taken by the Government of India, rapid expansion of coal-fired-based power plants, and growing power demand in the country.

• India is increasingly focusing on thermal power plants as the country has abundant coal resources.

• The country has the fifth largest coal reserve in the world, which helps in developing more coal-fired power plants.

• Coal is preferred as it is the most reliable source for power generation. It is highly available and is more economical than other renewable sources.

• The increasing coal production helps in ensuring the coal supply to power plants and achieving peak load.

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Key Buying Criteria

Parameter Details

Cost

The overall cost of the turbine should be reasonable and cost-effective for the operator.

Efficiency The ability to provide optimal output with minimal fuel consumption.

Maintenance The ability to provide continuous after-sales services to customers.

Reliability The ability of the turbine to perform without any problems and interruptions for a considerable length of time.

• Growth Forecasts?

• Market Analysis?

• Revenue Forecasts?

• Regional and Country level Analysis?

• Competitive Structure?

• Emerging Trends?

• Vendor Landscape?

• Other?

What Would You Like to Learn From Technavio?

Turbine Market in India 2015-2019

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Access the Report

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India: An Overview

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