Turbine Market 2015: South Korea Latest Market Insight, Research, Trend, Size, Growth, Shares and Forecast 2019
Product Synopsis
About Turbine
A turbine is a mechanical device consisting of revolving rotors and blades that transform rotational energy into usable energy. The fluid used for the rotation can be steam, gas, or other combustion products such as CO2 and carbon monoxide. There are three types of turbines, namely steam turbines, gas turbines, and CCGT. Steam turbines extract thermal energy from steam and convert it into mechanical energy. Gas turbines are generally used in gas-fired power plants where an internal combustion engine is placed, in which the fuel is mixed with air and ignited. Because of the growing awareness about the environmental pollution caused by thermal power plants, most of the newly constructed gas-fired power plants are CCGT plants.
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Technavio's analysts forecast the turbine market in South Korea to grow at a CAGR of 6.4% over the period 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the turbine market in South Korea for the period 2015-2019. In terms of type, the market can be segmented into two: steam turbines and CCGT.
Technavio's report, Turbine Market in South Korea 2015-2019, 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 in the coming years. The report includes a discussion of the key vendors operating in this market.
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Table Of Content
Gas-turbine-based Power Plant
Exhibit 7: South Korea: Power Generation Mix 2013 and 2014
Exhibit 8: Power Generation in South Korea 2010-2013 (TWh)
Exhibit 9: Turbine Market in South Korea 2014-2019 (MW)
Exhibit 10: Turbine Market in South Korea by Type 2014
Exhibit 11: Turbine Market in South Korea by Type 2019
Exhibit 12: Turbine Market in South Korea by Type 2014-2019
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