Gas Turbine Services Market Rise at 4.1% CAGR to 2026 | General Electric, Mitsubishi Hitachi Power Systems, Siemens
iCrowd Newswire
Global Gas Turbine Services Market Growth Status and Outlook 2021-2026
A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
According to this latest study, the 2020 growth of Gas Turbine Services will have significant change from previous year. By the most conservative estimates of global Gas Turbine Services market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 17550 million in 2019. Over the next five years the Gas Turbine Services market will register a 4.1% CAGR in terms of revenue, the global market size will reach US$ 20650 million by 2025.