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Global Engine, Turbine, And Power Transmission Equipment Market Forecast And Growth Through COVID-19, Competitive Landscape, Segments, Key Regions Overview

The Business Research Company’s ‘Engine, Turbine, And Power Transmission Equipment Global Market Report 2021: COVID-19 Impact and Recovery to 2030’ is the most comprehensive report available on this market. It covers 60 geographies and thus helps gain a truly global perspective of the market. The regional and country breakdowns section gives an analysis of the market in each geography as well as the size of the market by region and by country. It also compares the market’s historic and forecast growth while highlighting important trends and strategies that template market players can adopt.

The global engine, turbine, and power transmission equipment market is expected to grow from $494.46 billion in 2020 to $516.7 billion in 2021 at a compound annual growth rate (CAGR) of 4.5%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $712.24 billion in 2025 at a CAGR of 8%.

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The engine, turbine, and power transmission equipment market consists of sales of engine, turbine, and power transmission equipment by entities (organizations, sole traders or partnerships) that produce turbines, power transmission equipment, and internal combustion engines (except automotive gasoline and aircraft). The engine, turbine, and power transmission equipment market is segmented into commercial internal combustion engines; turbine and turbine generator set units; mechanical power transmission equipment; and speed changer, industrial high-speed drive, and gear.

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The engine, turbine, and power transmission equipment market report also gives in-depth analysis of the impact of COVID-19 on the market. The reports draw on 150,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders. A highly experienced and expert team of analysts and modelers provides market analysis and forecasts. The reports identify top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

Some of the major players of the engine, turbine, and power transmission equipment market are General Electric Co; Siemens Corporation; Caterpillar Inc; Cummins Inc; Vestas Wind Systems A/S.

The global engine, turbine, and power transmission equipment market is segmented –

1) By Type: Commercial Internal Combustion Engines, Turbine And Turbine Generator Set Units, Mechanical Power Transmission Equipment, Speed Changer, Industrial High-Speed Drive, And Gear

2) By Capacity: Small, Medium, Large

Read More On The Global Engine, Turbine, And Power Transmission Equipment Market Report:

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The engine, turbine, and power transmission equipment market report describes and explains the global engine, turbine, and power transmission equipment market and covers 2015 to 2020, termed the historic period, and 2020 to 2025 termed the forecast period, along with further forecasts for the period 2025-2030. The engine, turbine, and power transmission equipment report evaluates the market across each region and for the major economies within each region.

The countries covered in the global engine, turbine, and power transmission equipment market are Argentina, Australia, Austria, Belgium, Brazil, Canada, Chile, China, Colombia, Czech Republic, Denmark, Egypt, Finland, France, Germany, Hong Kong, India, Indonesia, Ireland, Israel, Italy, Japan, Malaysia, Mexico, Netherlands, New Zealand, Nigeria, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, South Africa, South Korea, Spain, Sweden, Switzerland, Thailand, Turkey, UAE, UK, USA, Venezuela, Vietnam.

The regions covered in the global engine, turbine, and power transmission equipment market are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The Full Report Includes

  1. Executive Summary
  2. Report Structure
  3. Engine, Turbine, And Power Transmission Equipment Market Characteristics
  4. Engine, Turbine, And Power Transmission Equipment Market Product Analysis
  5. Engine, Turbine, And Power Transmission Equipment Market Supply Chain

…..

  1. Key Mergers And Acquisitions In The Engine, Turbine, And Power Transmission Equipment Market
  2. Market Background: Machinery Manufacturing Market
  3. Recommendations
  4. Appendix
  5. Copyright And Disclaimer

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Oliver

Oliver Guirdham (Managing Director) The Business Research Company Europe: +44 207 1930 708 Americas: +1 315 623 0293 Email: info@tbrc.info

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