Turbine Markets in the World to 2020 - Market Size, Development, and Forecasts; New Report Launched
The expansion of the global turbine industry is forecast to reach 2.4% p.a. in the coming years. Between 2009 and 2015 the market increased with an average annual growth of 0.8%. Currently, gas turbine engines account for 71.9% of the global demand while the remaining market share is divided between hydraulic turbines and water wheels (4.6%) and steam and vapour turbines (23.5%).
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