The multinational Turbine Governor market had reached xxx million USD with a CAGR xx from 2015-2019. Later on, it will go to xxx million USD in 2020 with a CAGR xx % from 2020 to 2025.
The Turbine Governor is one of the very important auxiliary control devices for hydro-generators. The quality of its operation directly determines the safe and stable operation of the unit. Reducing the failure rate of the Turbine Governor is the most effective means of improving the operational reliability of the unit.
China has the largest global export quantity and manufacturers in Turbine Governor market, while the North America is the second sales volume market for Turbine Governor in 2017.
In the industry, GE profits most in 2016 and recent years, while Woodward and ABB ranked 2 and 3.The market share of them is 29.13%, 22.23% and 8.08% in 2017.The gap of market share is keep on enlarged due to different strategy.
Nowadays, there are two mainly types of Turbine Governor, including Turbine Hydraulic Governor and Turbine Microcomputer Governor. And Turbine Microcomputer Governor is the main type for Turbine Governor, and the Turbine Microcomputer Governor reached a sales volume of approximately 2239 Unit in 2017, with 85.30% of global sales volume.
In the global Turbine Governor market, This report focuses particularly in North America, South America, Europe and Asia-Pacific, and Middle East and Africa. This report classifies the market on the basis of application, type, regions, and manufactures.
In market segmentation by manufacturers, the report covers the following companies-
GE
Woodward
ABB
Voith GmbH
Andritz
CCER
TRIED
Mitsubishi Electric Corporation
In market segmentation by geographical regions, the report has analysed the following regions-
North America (USA, Canada and Mexico)
Europe (Germany, France, UK, Russia and Italy)
Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
South America (Brazil, Argentina, Columbia etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
In market segmentation by types :
Turbine Hydraulic Governor
Turbine Microcomputer Governor
In market segmentation by applications :
Small Hydropower Station
Medium-sized Hydropower Station
Large Hydropower Station
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Turbine Governor market for the forecast period 2020 - 2025?
• What are the driving forces in the Turbine Governor market for the forecast period 2020 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Turbine Governor industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?