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Showing posts with the label Gas Turbines Market Share

Trend watch: Gas Turbines Market Insights and Opportunities

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Global Gas Turbines Market is expected to grow owing to supporting the integration of renewable energy sources, such as wind and solar, into the power grid throughout the forecast period. According to TechSci Research report,  “ Gas Turbines Market   - Global Industry Size, Share, Trends, Opportunity, and Forecast 2018-2028”,  the Global Gas Turbines Market is expected to register robust growth during the forecast period. The growing global demand for electricity, driven by population growth, urbanization, and industrialization, is a primary driver for the gas turbines market. Gas turbines are widely used in power plants for electricity generation due to their efficiency, quick start-up capabilities, and versatility in various applications. The increasing focus on a hydrogen-based economy presents a significant opportunity for the gas turbines market. Hydrogen, as a clean fuel, has the potential to replace or complement traditional hydrocarbon fuels in gas turbi...