Technology News & Trends

  According to a new market report published by Transparency Market Research titled  “Industrial Gas Turbine Ignition System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,”  the  global industrial gas turbine ignition system market  is expected to reach a value of US$ 2,454 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 9.6% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 534 thousand units in 2016. The Asia Pacific industrial gas turbine ignition system market is projected to have the highest growth during the forecast period. The market witnessed considerable growth due to increased demand for gas turbines in diverse applications. The industrial gas turbine ignition system market is influenced by market dynamics with the prime driving factor of increasing gas-fired power generation especially in developing countries. Out of the global in...

According to a new market report published by Transparency Market Research titled  “Industrial Gas Turbine Ignition System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026,”  the  global industrial gas turbine ignition system market  is expected to reach a value of US$ 2,454 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 9.6% during the forecast period from 2018 to 2026. The industrial gas turbine ignition system market is influenced by market dynamics with the prime driving factor of increasing gas-fired power generation especially in developing countries. Out of the global installations of gas turbines in Japan, Russia, Taiwan, etc., Japan stands at first position in terms of largest number of installations. Rise of industrial gas turbine ignition systems is also impacted by the increasing demand for electricity across diverse applications. On the other hand, one of the main challengin...

According to a new market report published by Transparency Market Research titled “Industrial Gas Turbine Ignition System Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 - 2026,” the global industrial gas turbine ignition system market is expected to reach a value of US$ 2,454 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 9.6% during the forecast period from 2018 to 2026. In terms of volume, the market stood at around 534 thousand units in 2016. The Asia Pacific industrial gas turbine ignition system market is projected to have the highest growth during the forecast period. The market witnessed considerable growth due to increased demand for gas turbines in diverse applications. The industrial gas turbine ignition system market is influenced by market dynamics with the prime driving factor of increasing gas-fired power generation especially in developing countries. Out of the global installations of gas turbi...