Engine, Turbine, And Power Transmission Equipment Global Market Briefing 2023
Global engine, turbine, and power transmission equipment market was worth $571.9 billion in 2022. It was the third largest segment within the machinery market accounting for 16.1%. In terms of per capita consumption, the market was $73.3 and in terms of global GDP, the market was 0.53%. Engine, turbine, and power transmission equipment was the third largest segment within the machinery market accounting for 16.1% preceded and followed by other general purpose machinery at 19.9% and ventilation, heating, air-conditioning, and commercial refrigeration equipment at 15.7% respectively.
Engine, Turbine, And Power Transmission Equipment Global Market Briefing 2023 provides strategists, marketers and senior management with the critical information they need to assess the global engine, turbine, and power transmission equipment sector.
Reasons to Purchase
- Measure the impact of high global inflation on market growth
- Assess the Russia – Ukraine war’s impact on agriculture, energy and mineral commodity supply and its direct and indirect impact on the market.
- Understand how the market has been affected by the COVID-19 and how it is responding as the impact of the virus abates.
- Identify growth segments and opportunities.
- Facilitate decision making on the basis of historic and forecast data
- Develop strategies based on likely future developments.
- Gain a global perspective on the development of the market.
DescriptionEngine, Turbine, And Power Transmission Equipment Global Market Briefing 2023 from the Business Research Company covers market characteristics, size and growth, segmentation, regional breakdowns, trends and strategies for this market. The market characteristics section of the report defines and explains the market. The market size section gives the engine, turbine, and power transmission equipment market revenues, covering both the historic growth of the market and forecasting the future. Market segmentations break down the key sub sectors which make up the market. The regional breakdowns section gives the size of the market geographically. The trends and strategies section highlights the likely future developments in the engine, turbine, and power transmission equipment market and suggests approaches.
ScopeMarkets Covered: Turbine And Turbine Generator Set Units; Commercial Internal Combustion Engines; Mechanical Power Transmission Equipment; Speed Changer, Industrial High-Speed Drive, And Gear
Companies Mentioned: Caterpillar Inc.; Vestas Wind Systems A/S; Mitsubishi Heavy Industries ltd; Goldwind; Doosan Heavy Industries & Construction Co., Ltd.
Geographic scope: Asia Pacific, North America, Western Europe, Eastern Europe, South America, Middle East, Africa
Countries: Australia, China, Hong Kong, India, Indonesia, Japan, South Korea, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam, Canada, USA, Mexico, Argentina, Brazil, Chile, Colombia, Peru, Austria, Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK, Czech Republic, Poland, Romania, Russia, Israel, Saudi Arabia, Turkey, UAE, Egypt, Nigeria, South Africa
Time series: Five years historic and forecast
Data: Market value in $ billions.
Data segmentations: Regional breakdowns, key sub segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.