Gas Turbines Market Worth 20.66 Billion USD by 2022 - Seite 2

"Asia Pacific: The leading Gas Turbines Market" 

The market in Asia Pacific is expected to dominate the Gas Turbines Market during the forecast period. There is a huge increase in the demand for electricity in Asia Pacific; however, utilities are facing challenges such as meeting energy efficiency targets and adhering to federal carbon policies. Factors such as urbanization, industrialization, and fast economic growth are driving the demand for electric power in various countries in the region. This has led to the development of new power plants, especially gas-fired ones.

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To provide an in-depth understanding of the competitive landscape, the report includes the profiles of some of the leading players in the Gas Turbines Market including GE (US), Siemens (Germany), MHPS (Japan), and Ansaldo (Italy). The dominant players are trying to gain footholds in developing economies and are adopting various methods to grab market shares.

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