Research and Markets: Steam Turbines in Asia-Pacific - Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/11dfa1/steam_turbines_in) has announced the addition of GlobalData 's new report "Steam Turbines in Asia-Pacific - Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020" to their offering.

“Steam Turbines in Asia-Pacific - Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020”

GlobalData's Steam Turbines in Asia-Pacific - Market Size, Average Pricing, Equipment Market Share and Competitive Landscape Analysis to 2020 gives detailed information on the Asia-Pacific steam turbine market.

The report lists drivers and restraints on the market and analyzes steam turbine market sales volume, revenues and market share for the Asia-Pacific region. The report covers eight key countries in the Asia-Pacific region for the steam turbine market. Sales volume analysis, revenue forecast, average pricing, market share analysis and regulations are covered at the country level.

Growing Asia-Pacific Thermal Power Industry

Thermal energy is the most commonly used source of energy for electricity generation in the Asia-Pacific region, and so has a greater installed capacity when compared with any other source of energy. The installed capacity for thermal energy in the Asia-Pacific region as of 2000 was 669.0 GW. The installed capacity for 2011 is estimated at 1372.5 GW, representing a CAGR of 6.8% over the period 2000 - 2011.

The installed capacity is expected to follow the same trend in the forecast period 2012 - 2020, with the total installed capacity expected to be around 1969.3 GW in 2020. A rising population and the rapid industrialization in the region has been increasing the demand for electricity every year, which has prompted governments and companies in the region to look for other ways to generate power. However, so far it has been difficult to shift towards alternative sources of energy for power generation, because they have either been uneconomical or incapable of generating sufficient power to meet demand. Companies Mentioned:

• Shanghai Electric Group Company Ltd
• Mitsubishi Heavy Industries, Ltd.
• Kawasaki Heavy Industries, Ltd.
• Dongfang Electric Corporation Ltd.

For more information visit http://www.researchandmarkets.com/research/11dfa1/steam_turbines_in