DUBLIN--(BUSINESS WIRE)--The "Engine, Turbine And Power Transmission Equipment Manufacturing Market Global Briefing 2017" report has been added to Research and Markets' offering.
Engine, Turbine, And Power Transmission Equipment Manufacturing Industry Market Global Briefing provides strategists, marketers and senior management with the critical information they need to assess the global engine, turbine, and power transmission equipment manufacturing sector.
Asia Pacific was the largest region in the engine, turbine, and power transmission equipment manufacturing market in 2016, accounting for around 37% of the market. This was due to the large number of ongoing projects and innovations in the power generation sector along with the growing demand for mobility services as well as industrial products. Western Europe was the second largest region accounting for around 31% of the market. Middle East was the smallest region accounting for around 3% of the market. This was due to shortage of renewable energy sources in the region.
Driverless Locomotive Technology, was considered to be one of the top trend shaping the engine, turbine and power transmission equipment manufacturing market as of 2016. Driverless locomotive technology offers control over all the trains and a predefined railroad infrastructure for intelligent navigation. Automated trains are being used to increase the network capacity, effective control and monitor of traffic. These trains use automated systems which optimize their running time, average speed and reliability.
- General Electric Company
- Siemens Corporation
- Caterpillar Inc.
- Cummins Inc.
- Vestas Wind Systems A/S
- Rolls-Royce Plc
- Briggs & Stratton Corporation
- Regal Beloit Corporation
- Altra Industrial Motion
- Rexnord Corporation
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