Gas Turbine Market trends research and projections for 2016 – 2024

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Gas Turbine Market Price, Packaging Trends,
Industry Outlook Forecast 2016 2024
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Global Market Scenario of Furfural Industry

• Replacement of conventional coal fired generation
  systems with sustainable gas fired technology
  will stimulate the global gas turbine market size
  over the forecast timeframe. Stringent emission
  reduction targets to reduce impact of greenhouse
  gases will boost the industry growth. In 2015,
  Government of France passed Energy Transition for
  Green Growth legislation with the aim to reduce
  emission level by 40 and increase the renewable
  energy consumption to 32 by 2030.
• Growing demand for the reliable, clean and
  affordable electricity for better economic and
  social development will embellish in global gas
  turbine market size from 2016 to 2024. Countries
  including the U.S. and UK have introduced various
  action plans to meet their growing electricity
  demand with the clean energy sources. U.S.
  federal government is targeting increase the
  energy mix from the gas fired station to 30 by
  2025.
• Power generation applications are set to exceed
  57 GW by 2024. Ongoing capacity addition with
  expansion of existing generating stations by
  countries including China, India and South Africa
  will positively impact industry growth.

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• U.S. gas turbine market share is anticipated to
  expand over 8 by 2024. Regulations to enhance
  the safety of existing gas fired stations coupled
  with the deployment of new high capacity
  generation plants to cater the growing demand
  will augment the industry growth.
• Reasons to Buy This Report
• 1. Gas Turbine Market size share
  forecast by product application, 2016-2024
• 2. Growth drivers, pitfalls industry
  challenges
• 3. Gas Turbine Market growth opportunities
  emerging business models
• 4. Competitive benchmarking with market
  share analysis and company profiles
• For Europe, UK gas turbine market size for 2015
  was valued over USD 180 million. Growing
  investments towards the replacement of existing
  coal fired stations with new clean energy systems
  will complement the industry outlook. The
  Government of UK is targeting to shut down all
  the coal fired power plants by 2025 in line of
  fulfilling its clean energy commitment.
• Saudi Arabia gas turbine market revenue was
  valued over USD 1 billion in 2015. Rising onshore
  and offshore drilling and exploration will add to
  the revenue over the forecast timeline. Argentina
  is predicted to exceed 1.5 GW by 2024. Growing
  investments towards the enhancement of marine and
  aviation industry will boost the business growth.

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Research Methodology
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