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Gas Turbine Market Size to Reach US$26.5 Bn by 2031, Projects a New Report [Yahoo! Finance]
Last ge aerospace earnings: 4/30 04:02 pm
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Asia Pacific to Grow the Fastest, Fueled by Rapidly Developing Economies, and Surging Electricity Demand. London, April 16, 2024 (GLOBE NEWSWIRE) -- Driven primarily by the rising demand for efficient power generation, the global gas turbine market is expected to witness steady growth over the next few years, reaching a value of US$26.5 Bn by 2031 . This growth is projected to be driven at a promising CAGR of 5% between 2024 and 2031 A recent study by Fairfield Market Research predicts a significant rise in the global gas turbine market over the next five years. The market is expected to be driven by several factors, including increasing government funding for power generation technologies, the growing popularity of natural gas as a fuel source, and the rising demand for efficient and clean power generation solutions. Get Sample Copy of Report at: https://www.fairfieldmarketresearch.com/report/gas-turbine-market/request-sample REPORT SCOPE Report Attributes Details Base
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