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May 06 2013
By: kellymccloud First Son 1 posts
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Research and Markets: Boiler, Turbine, Generator (BTG) Equipment for Thermal Power

3 replies 53 views Edited May 6, 2013

China's continuing reliance on thermal energy will prove the key driver in the global Boiler, Turbine and Generator (BTG) market in the near future, expects research and consulting firm the authors.

 

According to the company's latest report*, BTG market revenue in China will increase steadily from a expected total of US$20.9 billion in 2013 to US$30.1 billion in 2020, boosting the nation's share of the global market from 32% to 48%.

 

China's surging industrialization makes reliance on alternative power generation impractical, creating a favourable environment for a BTG industry currently struggling with the global rise of energy diversification and a move away from fossil fuels upon which the sector relies. Developed economies such as the US, UK and Japan are all expected to demonstrate minimal revenue growth in the BTG market during the same period.

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VP of Gaming
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Re: Research and Markets: Boiler, Turbine, Generator (BTG) Equipment for Thermal Power

May 6, 2013

so what does this mean for the USA?


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Ghost of Sparta
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Re: Research and Markets: Boiler, Turbine, Generator (BTG) Equipment for Thermal Power

May 6, 2013

HiTmAN_90 wrote:

so what does this mean for the USA?


The world revolves around the UK, not 'Murrica...

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Fabulous!
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VP of Gaming
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Re: Research and Markets: Boiler, Turbine, Generator (BTG) Equipment for Thermal Power

May 6, 2013

darknovaxp wrote:

HiTmAN_90 wrote:

so what does this mean for the USA?


The world revolves around the UK, not 'Murrica...


As long as china doesnt affect the USA negatively i dont really care what china does and too much about the UK Smiley Very Happy (no offense Smiley Indifferent)


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