Growing Need for Environment Conservation to Invite Great Growth Prospects, Global Gas Turbines Market to Reach Valuation of US$ 53.8 bn by End of Forecast Period
The use of gas turbines as an efficient electricity generator may help in bringing considerable growth opportunities for the gas turbine market.
- The use of gas turbines as an efficient electricity generator may help in bringing considerable growth opportunities for the gas turbine market.
- After an out-and-out research on all the parameters, the analysts at Transparency Market Research predict the global gas turbine market to expand at a CAGR of ~4 percent between 2020 and 2030.
- The global gas turbine market was valued at US$ 36.7 bn in 2020 and is prognosticated to reach a valuation of US$ 53.8 bn by the end of the forecast period.
- The escalating awareness about the advantages of gas turbines may further boost the growth rate of the gas turbine market.