Research And Markets.com’s Steam and Gas Turbine Report 2018 predicts that the turbine market will grow at a cagr of 4.4%, due to the continued increase in coal-fired and gas-fired power capacity, industrial expansion in the developing world and tightening AQ controls. China and India are pruning back on new coal-fired plants, but they are not stopping. Turkey, Indonesia and Bangladesh are going large on coal, and the United States is up-grading large chunks of its big coal-fired fleet to supercritical technology. This activity means more, advanced class steam turbines. Developments of gas turbines are expected in China.
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