Demand for turbines in China will grow 8.4 percent annually through 2011, driven mainly gains in electric utilities construction and air-carrier services. The large steam turbine segment will decline with the completion of large scale power plant projects, but wind turbines, gas turbines, microturbines and turbine engines will all see double-digit annual growth. This study analyzes the ¥71 billion turbine industry in China. It presents historical demand data (1997, 2002 and 2007) and forecasts for 2011 and 2016 by product (e.g., steam turbines, wind turbines, turbine engines, hydraulic turbines, gas turbines, microturbines), market (e.g., electric utilities, aerospace, process manufacturers) and geographic region (e.g., Central-North, Northeast, Central-East). The study also considers market environment factors, details industry structure, evaluates company market share and profiles 31 industry players, including Dongfang Electric, Harbin Turbine and Voith.
Freedonia Market Research—Reports provide industry insights targeting market size, product and market segmentation, product and market forecasts, industry composition, market leaders and business trends.
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