What are the applications of gas turbines?
Gas turbines are used in various applications like power generation, oil & gas, and powering aircraft and ships
What are the factors driving the growth of the gas turbine market?
Low-cost natural gas, advancements in gas turbine technology, and stricter emission regulations are driving the gas turbine market growth.
What is the biggest challenge to the gas turbine market?
The increasing demand for renewable energy sources like wind and solar poses a challenge to the gas turbine market.
Who are some of the major players in the gas turbine market?
Major players include General Electric, Siemens, and MHPS. These companies offer various gas turbine solutions.