"The Report Boilers,
Turbines and Generators (BTG) for Thermal Power - Market Size,
Competitive Landscape, Key Country Analysis and Forecasts to 2020
provides information on pricing, market analysis, shares, forecast,
and company profiles for key industry participants. -
MarketResearchReports.biz"
MarketResearchReports.biz
has recently added a report, titled, “Boilers,
Turbines, and Generators (BTG) for Thermal Power
- Market Size, Competitive Landscape, Key Country Analysis, and
Forecasts to 2020,” to its offering. The report studies the
potential of the global market for boilers, turbines, and generators
for thermal power by calculating the size of the market and the
different growth drivers and restraints impacting it.
At
the forefront of driving growth in the global market for boilers,
turbines, and generators for thermal power are the insatiable thirst
for power and strong dependency upon the traditional thermal power.
However, tough economic conditions in many countries, volatility in
fossil fuel prices, fuel diversification, and increasing uptake of
renewable sources of energy has made the environment highly
challenging for the market. To accomplish climate targets, create
electricity reliability, and lessen dependence on coal, nations
across the globe are diversifying their energy generation markets,
incorporating renewable, nuclear, and hydro sources. They are
endeavoring to accomplish a low-carbon economy for a more sustainable
economic growth.
In
order to examine the global market for boilers, turbines, and
generators for thermal power, the report broadly segments it into
three main geographical regions. They are the Americas, Asia Pacific,
and Europe. The main market in the Americas is the U.S. Powering the
Asia Pacific market are the countries of India, Indonesia, China,
Vietnam, Republic of Korea, Thailand, Malaysia, and Philippines.
Among
them, China is said to be leading the global market for BTG equipment
on account of its heavy dependence thermal power generation. This in
turn has resulted from the vigorous pace of economic growth in the
past decade leading to high demand for electricity, particularly from
the industrial sector. In the near future, however, China will likely
pare some of its market share owing to the shift towards renewable
sources of power. Nonetheless, it would retain its leading position,
predict experts. Market conditions will also become tougher in Europe
because of stringent rules framed by authorities to promote cleaner
energy.
View Press Release @
http://www.marketresearchreports.biz/pressrelease/3954
After
providing a qualitative analysis of the drivers and restraints in
each of the regions and their market shares, the report goes on to
furnish information on the major partners and the scope for business
development. It does so by examining the major competitors – both
international and regional – in the global market for boilers,
turbines, and generators for thermal power. This would enable savvy
players in the market to frame strategies, factoring in their
competitors’ strengths and weaknesses.
The
report has been compiled after extensive primary and secondary
research. While primary research entailed gathering valuable inputs
from industry experts, secondary research involved collecting data
and relevant information from different paid and unpaid sources.
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