The Global Steam Turbine Market for Power Generation Is Expected to Reach $15.7 Billion by 2023
According to a new market report published by Lucintel, the future of the global steam turbine market looks good with opportunities in coal-fired, gas-fired, and nuclear energy based power generation. The global steam turbine market for power generation is expected to reach an estimated $15.7 billion and it is forecast to grow at a CAGR of 2.1% from 2018 to 2023. The major drivers for the growth of this market are growing global electricity demand and relatively lower cost of...
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