Global gas turbines market is anticipated to grow during the forecast period, due to the increasing focus on reducing carbon footprint and low prices of shale gas. Moreover, increasing trend of the distributed power generation and government initiatives to increase electricity generation based on natural gas are propelling the growth of the market. Based on the technology, the combined cycle technology dominated the market in 2020 and is expected to witness significant growth during the forecast period due to the use of waste heat energy to produce additional electricity with the assistance of steam turbines. Based on the design type, the market has been segmented into heavy duty and aeroderivative. Owing to the rising demand for large gas fired power plants, the demand for heavy duty design is likely to increase in the future. In terms of regional analysis, Asia Pacific acquired the dominant share in 2020 and the trend is expected to continue in the future due to increasing urbanization in developing economies and infrastructural developments. Some of the leading players in the global gas turbines market are GE, Siemens, BHEL, Ansaldo, Kawasaki Heavy Industries, Centrax, Zorya, Vericor Power, OPRA, Harbin Electric, Man Diesel etc. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=1541 For More Information Visit: https://www.techsciresearch.com/report/global-gas-turbines-market/1541.html

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The Global Microturbine Market reached a size of USD 190.83 million in 2022 and is projected to grow to USD 251.82 billion by 2028, with a CAGR of 9.01% through 2028. The increasing need and demand for low-emission energy generation are fueling the expansion of the global microturbine market. Moreover, the surge in demand for clean and sustainable energy is driving the global microturbine market throughout the forecast period. Growing environmental concerns and pollution levels are stimulating the demand for microturbines in the global market. Additionally, economic advancements are contributing to the growth and development of the global microturbine market. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=2499 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/global-micro-turbines-market/2499.html Key Market Players Capstone Turbine Corporation FlexEnergy, Inc. Ansaldo Energia S.p.A. Brayton Energy, LLC Eneftech Innovation SA Microturbine technology BV Wilson Solarpower Corporation ICR Turbine Engine Corporation Calnetix Technologies LLC Toyota Motor Corporation

The global steam turbines market is expected to grow at a significant rate during the forecast period owing to increasing electricity consumption and growing demand for nuclear energy-based electricity generation. The increasing demand for uninterrupted power in developing countries owing to increasing infrastructural activities is accelerating the demand for steam turbines. Steam turbine is a mechanical device that extracts thermal energy from pressurized steam and transforms it into mechanical work. It consists of a boiler, turbine, condenser, feed pump, and several auxiliary devices. Increasing investments in electricity generation infrastructure is contributing to the increasing demand of steam turbines. However, the market also faces some restrains. Steam turbines can have varying negative impacts on the environment and human health which limits the overall growth of the market. Major companies operating in the global steam turbines market include Siemens AG, Mitsubishi Hitachi Power Systems Ltd, Bharat Heavy Electricals Limited, General Electric Company, Dongfang Turbine Company Limited, Toshiba Corporation, Doosan Heavy Industries & Construction Company Ltd., Elliott Company, MAN Diesel & Turbo and Fuji Electric Co., Ltd., among others. Companies are taking up growth strategies like mergers & acquisitions and joint ventures & collaborations to increase their global reach and market share. Download Free Sample Report: https://www.techsciresearch.com/sample-report.aspx?cid=2629 (Use your Corporate E-mail Id for Faster Response) For More Information Visit: https://www.techsciresearch.com/report/global-steam-turbines-market/2629.html