A Changing Global Landscape for the Power Equipment and Construction Market
Changing Global Landscape for the Power Equipment and Construction Market : Growing Economies and Infrastructure Investment Will Move the Power Equipment Market from West to East
LONDON, Feb. 22, 2016 /PRNewswire/ -- This market insight discusses the impact of emerging-market power equipment manufacturers, mainly from China, South Korea, and India, on the global power equipment industry. It tracks the coal, hydro, and gas power plant markets in key regions, and explains the changing power equipment, construction, and regulatory landscapes in these regions.
Several emerging-market equipment makers have built scale and expertise which they are using to challenge traditional market participants globally. The challenges faced by emerging market participants and the impact on their future growth are also discussed. This insight also mentions the winners and losers of bids in each segment and outlines the expected developments in each sector till 2030.
Executive Summary—Key Findings of the Study
Power Equipment Market: Key Takeaways, Global, 2015–2030
1. Developing countries are expected to add the highest capacity to the global power generation market with TW of installed capacity by 2030.
2. Traditional coal and hydropower generation are expected to dominate the market till 2030, with gas power generation becoming more significant in developing countries.
3.Availability of finance for power projects from banks and developmental institutions is leading to a growth in power generation projects which drives the demand for power equipment in developing countries. This is expected to play a vital role in power development in the future.
4 The power equipment market is undergoing rapid transformation due to many mergers, acquisitions, and partnerships. Quality and scale will be key success factors for the industry in the future.
5 The coal and hydropower market is dominated by the emerging-market equipment participants that have an % share, while the gas power market is still dominated by traditional equipment participants that have more than % of share of the gas power market.
6 Availability of finance and flexible repayment terms are driving many countries to do business with Chinese companies to help them fulfil their power requirements.
7. The coal power equipment market is dominated by emerging market participants. Traditional participants are forming Joint Ventures (JVs) with emerging-market participants to get market access or they are becoming sub contractors.
Download the full report: https://www.reportbuyer.com/product/3095654/
About Reportbuyer
Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers
http://www.reportbuyer.com
For more information:
Sarah Smith
Research Advisor at Reportbuyer.com
Email: [email protected]
Tel: +44 208 816 85 48
Website: www.reportbuyer.com
SOURCE ReportBuyer
Related Links
WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM?
Newsrooms &
Influencers
Digital Media
Outlets
Journalists
Opted In
Share this article