Research and Markets: Turbine Market in Thailand 2015-2019 - Participation of IPPs and SPPs a Key Market Trend
Research and Markets (http://www.researchandmarkets.com/research/xj3x86/turbine_market_in)
has announced the addition of the "Turbine
Market in Thailand 2015-2019" report to their offering.
The turbine market in Thailand to grow at a CAGR of 4.2% over the period
The report includes the present scenario and the growth prospects of the
turbine market in Thailand for the period 2015-2019. Based on type, the
market can be segmented into two: steam turbines, gas turbines, and CCGT.
The report, Turbine Market in Thailand 2015-2019, has been prepared
based on an in-depth market analysis with inputs from industry experts.
The report covers the market landscape and its growth prospects in the
coming years. The report includes a discussion of the key vendors
operating in this market.
The development of privatization policy is a critical trend observed in
this market. Even though the power companies in Thailand ensure a
quality power supply, the power sector is showing distortions, thus the
government has envisaged power sector reform in the country.
According to the report, one driver that positively influences growth in
this market is the increase in gas-fired power plants. The country has
the 27th largest natural gas reserves in the world. The availability of
domestic gas resources through limited domestic production and imports
from other countries ensures a continuous gas supply to the power plants.
Further, the report states that the growing dependence on energy imports
is a major challenge faced by this market. The country largely depends
on energy imports to ensure power supply to the growing power demand. It
imports almost 25% of its natural gas supply.
- Dongfang Electric
- Shanghai Electric
Other Prominent Vendors
- Mitsubishi Electric
For more information visit http://www.researchandmarkets.com/research/xj3x86/turbine_market_in
View source version on businesswire.com: http://www.businesswire.com/news/home/20150917005844/en/
Copyright Business Wire 2015
Source: Business Wire
(September 17, 2015 - 9:45 AM EDT)
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