DUBLIN--(BUSINESS WIRE)--The "Global
Turbine Inlet Cooling Market - Growth, Trends, and Forecast (2018 -
2023)" report has been added to ResearchAndMarkets.com's
The increasing demand for a secure power supply in emerging economies, inability of the companies involved in handling peak energy demand and the extremely high emissions are the problems faced by the power industry, in general. The hot weather is responsible for an adverse effect on turbine efficiency, and the need arises for uneconomical peaker plants. Power augmentation is an alternative approach and includes the Turbine Inlet Cooling (TIC) technology, which enables the system to produce power at the rated capacity, and sometimes more than the rated capacity.
The emerging economies in Asia-Pacific and Middle East & Africa face the problem of energy demand supply gap, especially in hot seasons, with increasing demand for energy and the economic nature of TIC technology; owing to these factors, the market is poised to grow. As the energy demand continues to rise, efficient and economic power sources are expected to play a vital role in meeting the rising demand in the coming years. Gas-fired power generation is one such technology that is being widely adopted by many countries across the world for the clean-burning characteristics.
As of 2016, the United States was among the largest markets for turbine inlet cooling technology as the country depends on natural gas power generation for about 31.8% of the national production. It is expected to remain among the largest players for the market over the forecast period.
- General Electric
- Siemens AG
- Mitsubishi Heavy Industries Ltd.
- Harbin Electric International Company Limited
- Bharat Heavy Electricals Limited
- Kawasaki Heavy Industries Ltd.
- Man Diesel and Turbo SE
Key Topics Covered:
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Supply Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/8vjxgv/global_turbine?w=4