Turbo Generator Market Size Set For Explosive Growth | Ansaldo Energia S.p.A, Bharat Heavy Electrical Limited

The global turbo generator market was valued at $10.4 billion in 2019, and is projected to reach $12.6 billion by 2027, growing at a CAGR of 3.1% from 2020 to 2027. Turbo generator is a system in which turbine is connected to generator and converts mechanical energy of steam, water, natural gas into electricity. Turbo generator is also called as turbine generator. Turbine generator has normal speed of 1,500 or 3,000 rpm depending on number of poles at 50 HZ. It can be used as standby, emergency, standalone, and peak shaving unit. Cooling systems used in the turbo generators depending on the applications include air-cooled, water-cooled, and hydrogen-cooled generators.

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It is utilized in the generation of power in nuclear, gas, hydro, thermal and other power plants.
Rapid growth in the installation of gas power plants is a key factor driving the growth of the turbo generator market. In addition, increase in demand for continuous and stable power supply contribute toward the growth of the global turbo generator market in the upcoming years. However, increase in developments in the renewable energy sector and stringent governmental regulations toward greenhouse gases emissions hampers the growth of the market, globally. Conversely, increase in investment toward the electrification of rural and remote areas is expected to create potential growth opportunity for key player operating in this market.

The global turbo generator market is segmented into type, cooling system, end-user, and region. Depending on type, the market is categorized into gas turbine generator, steam turbine generator, and water turbine generator. As per cooling system, it is classified into air-cooled, water-cooled, and hydrogen-cooled. By end-user, the market is fragmented into coal power plants, gas power plants, nuclear power plants and others. Region wise, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

KEY BENEFITS FOR STAKEHOLDERS
? The report includes in-depth analysis of different segments and provides market estimations between 2020 and 2027.
? A comprehensive analysis of the factors that drive and restrict the growth of the global turbo generator market is provided.
? Porter's five forces model illustrates the potency of buyers & sellers, which is estimated to assist the market players to adopt effective strategies.
? Estimations and forecast are based on factors impacting the global turbo generator market growth, in terms of value.
? The key market players are profiled to gain an understanding of the strategies adopted by them.
? This report provides a detailed analysis of the current trends and future estimations from 2020 to 2027, which help to identify the prevailing market opportunities.

KEY MARKET PLAYERS
- Andritz AG
- Ansaldo Energia S.p.A.
- Bharat Heavy Electrical Limited
- Beijing BEIZHONG Steam Turbine Generator Co., Ltd.
- Ebara Corporation
- General Electric
- Mitsubishi Heavy Industries, Ltd.
- Siemens AG
- Suzlon Energy Ltd.
- Toshiba Corporation
Other players operating in the turbo generator market are Alstom SA, Harbin Electric Company, Dongfang Electric Corporation, Dresser-Rand, Bowman Power Group Ltd., and others

KEY MARKET SEGMENTS
By Type
- Gas Turbine Generator
- Steam Turbine Generator
- Water Turbine Generator

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By Cooling System
- Air-cooled
- Water-cooled
- Hydrogen-cooled

By End-Users
- Coal Power Plants
- Gas Power Plants
- Nuclear Power Plants
- Others

By Region
- North America
o U.S.
o Canada
o Mexico
- Europe
o Germany
o France
o UK
o Italy
o Spain
o Rest of Europe
- Asia-Pacific
o China
o Japan
o India
o South Korea
o Australia
o Rest of Asia-Pacific
- LAMEA
o Brazil
o Saudi Arabia
o South Africa
o Rest of LAMEA

Table of Content:

Report Overview
Global Growth Trends
Competition Landscape by Key Players
Data Segments
North America Market Analysis
Europe Market Analysis
Asia-Pacific Market Analysis
Latin America Market Analysis
Middle East & Africa Market Analysis
Key Players Profiles Market Analysis
Analysts Viewpoints/Conclusions
Appendix

Reasons to Purchase this Report:
Analyzing the outlook of the market with the current tendencies and SWOT analysis.
Market dynamics scenario, alongside with increase possibilities of the market in the years to come.
Market segmentation evaluation which include qualitative and quantitative lookup incorporating the have an effect on of monetary and non-economic aspects.
Regional and use degree evaluation integrating the demand and grant forces that are influencing the boom of the market.
Market fee (USD Million) and extent (Units Million) facts for every phase and sub-segment
Competitive panorama involving the market share of principal players, alongside with the new initiatives and techniques adopted by means of gamers in the previous years.
Comprehensive organization profiles masking the product offerings, key economic information, latest developments, SWOT analysis, and techniques employed through the predominant market players.

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