DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Valves Market for Power Industry 2016-2020" report to their offering.
The report forecasts the global valves market for the power industry to grow at a CAGR of 3.93% during the period 2016-2020.
The report has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
Taking advantage of the new trend of applying this affordable technology, pump and valve manufacturers have combined it with digital advances in modeling software. The twin fields of 3D and computer modeling technologies have opened a whole new frontier in pumps and valves design, repair, and replacement. The global 3D printing market was estimated at $4.12 billion in 2015 and is likely to reach $28.76 billion in 2020, growing at a CAGR of 47.50%.
According to the report, natural gas-fired gas turbine power plants offer highly economical and environmentally viable solutions. This is especially true in the present scenario of low natural gas prices that are backed by the flourishing production of natural gas worldwide. The high economic and environment viability of natural gas is one of the most prominent drivers in the global valves market for the power industry.
- Emerson Electric
Key Topics Covered:
PART 01: Executive summary
PART 02: Scope of the report
PART 03: Market research methodology
PART 04: Introduction
PART 05: Market landscape
PART 06: Market drivers
PART 07: Market challenges
PART 08: Impact of drivers and challenges
PART 09: Market trends
PART 10: Market segmentation by product
PART 11: Geographical segmentation
PART 12: Vendor landscape
PART 13: Key vendor analysis
PART 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/2b6w67/global_valves