DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/d82ce3/turbine_gear_boxes) has announced the addition of GlobalData's new report "Turbine Gear Boxes Market for Thermal Power Plants - Global Market Size, Competitive Landscape, Trends and Analysis to 2020" to their offering.
Turbine Gear Boxes Market for Thermal Power Plants - Global Market Size, Competitive Landscape, Trends and Analysis to 2020 gives detailed information on the Global turbine gearbox market in thermal power plant and provides historical and forecast numbers for volumes, revenues and average price up to 2020. The research analyzes trends in this market and also detailed analysis for the leading countries in for the turbine gearboxes in thermal power plants. This coupled with competitive benchmarking of the top market participants provides a comprehensive understanding of the markets competitive scenario.
The global thermal power market is forecast to expand in the near future, primarily due to the increasing demand for electricity in many regions across the world. This increase in demand for electricity is attributed to the constant increase in the global population. As thermal power grows, the demand for equipment used in the thermal power industry will also grow. The key drivers of the high investment in the power industry due to increasing electricity demand, increasing replacement and modernization activity and availability of natural gas and coal reserves are some of the key drivers for the market. However, the availability of competing systems like direct drive turbines and the increased focus on other cleaner technology like renewable is acting as restraint to the market.
Increasing Global Turbine Gearbox Market Revenue
The turbine gearbox market is driven by the installation of turbines and generators in thermal power plants. Gearboxes are used to reduce the high speed of turbines to a lower speed required for them to be connected to generators and transmit power to the grid. The gearbox was valued at $161.8m in 2000 following the high number of installations in North America and Asia, then declined to $65.1m in 2004, before increasing $105m in 2010. The recent growth trend is expected to continue in the future, due to the global increase in power demand, increased modernization of older power plants and the availability of thermal fuel around the world. However, with more efficient systems like direct drive turbine gearboxes being introduced to the market, there are a number of challenges to face, like rising costs and reducing power losses.
Scope
- Data on number of turbine gears boxes sold globally and also for the leading countries of the world.
- Data on the revenue generated from the turbine gears boxes market globally and also for the leading countries of the world like US, Germany, Canada, UK, India, China, Australia and Japan
- Data on the average price of the turbine gears boxes from 2000 to 2010, forecast forward 10 years to 2020
- Policy and regulatory framework governing the market
- Detailed analysis of top market participants, including market share analysis
Reasons to buy
- Facilitate decision-making based on investments plans
- Develop strategies based on the latest regulatory events
- Position yourself to gain the maximum advantage of the regional growth potential
- Identify key partners and business development avenues
- Respond to your competitors business structure, strategy and prospects
Key Topics Covered:
1 Table of contents
2 Introduction
3 Turbine Gearbox, Technology Overview
4 Global Turbine Gearbox Market Analysis, 2000-2020
5 Turbine Gearbox Market, Competitive Overview
6 Appendix
Companies Mentioned:
- A.Friedr. Flender AG (Siemens AG)
- Renk AG
- Voith Turbo BHS Getriebe
- Lufkin Industries
- Allen Gears
For more information visit http://www.researchandmarkets.com/research/d82ce3/turbine_gear_boxes