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www.technavio.com enquiry@technavio .com Turbine Market in Thailand 2015-2019

Turbine Market in Thailand 2015-2019

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Turbine Market in Thailand 2015-2019

Covered in this Report

• The report includes the present scenario and the growth prospects of the turbine market in Thailand for the period 2015-2019.

• Based on type, the market can be segmented into two: steam turbines, gas turbines, and CCGT.

• Technavio's report, Turbine Market in Thailand 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.

Turbine Market in Thailand 2015-2019

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Market Overview• A turbine is a mechanical device consisting of revolving

rotors and blades, which transforms 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: steam, gas, and CCGT.

• Steam turbine extracts thermal energy from steam and converts it into mechanical energy.

• Gas turbine is generally used in gas-fired power plants where an internal combustion engine is placed, in which the fuel is mixed with air and ignited.

• Technavio's analysts forecast the turbine market in Thailand to grow at a CAGR of 4.2% over the period 2014-2019.

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Thailand 2015-2019,please mail us at

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Key Findings

• Thailand's electricity sector is completely dominated by natural gas-based power plants that provide around 70% of its electricity.

• The country is planning to increase the share of natural gas in its overall power generation as this will help to increase efficiency and reduce GHG emissions.

• Natural gas and coal accounts for 61% and 25%, respectively, of the overall electricity consumption in the country.

• The country largely depends on energy imports to ensure power supply to the growing power demand. It imports almost 25% of its natural gas supply.

• The country imported almost 2.0 billion cubic meters of gas resources in 2013 with a major portion coming from the Middle East and Africa.

• It is estimated that around 70% of the total gas imports came from Qatar.

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Key Questions Answered in Our Report

• What will the market size be in 2019 and what will the growth rate be?

• What are the key market trends?

• What is driving this market?

• What are the challenges to market growth?

• Who are the key vendors in this market space?

• What are the market opportunities and threats faced by the key vendors?

• What are the strengths and weaknesses of the key vendors?

Have a question of your own about this report?

Ask our Analysts

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• Technavio was founded in 2003 in London. We have about 300 analysts globally. We cover more than 500 technologies across 80 countries. Traditional media such as Forbes Asia and New York Times, along with other web media portals, like to quote us.

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