omkar abhang

Boiler, Turbine, and Generator Markets Technology, Types, and Applications 2025

Press Release   •   Jan 10, 2018 06:43 EST

Thermal power is one of the highly polluting yet prominent sources of electricity production around the globe. Most developed and developing countries are heavily reliant on thermal power for meeting their electricity needs. Rise in need for energy around the globe and increase in environmental pollution have prompted many countries to commercially adopt Carbon Capture and Storage (CCS), Integrated Gasification Combined Cycle (IGCC), and Combined Heat and Power (CHP) technologies to produce power without producing harmful gaseous emissions. These are highly efficient and also produce low environmental emissions. Boiler, turbine, and generators (BTGs) works in combination with thermal power plants to generate electricity. It requires fossil fuels such as coal, gas, or oil for power generation.

Request Report Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=37286

The BTG market can be segmented based on type of component and type of fuel used in power plants for power generation. The types of components can be sub-divided into power boilers, gas turbines, steam turbines, turbo generators, and heat recovery steam generators. Types of fuels can also be sub-divided into coal, gas, and oil. Power boilers are used extensively in oil and coal power plants. These are employed to boil water at high temperature to produce steam. This steam is passed on to boiler for further applications. Major boiler parts comprise circulation system, steam pressure vessel, boiler tubes, combustion, ventilation unit, air preheater, and other auxiliary units. Conventional boilers used in power plants are increasingly being replaced by pulverized coal-fired boilers. Major restraints of pulverized coal-fired boilers include fuel inflexibility, high maintenance costs, and environmental concerns.

Power is generated by turbines. Turbines function by the rotation of the shaft in a magnetic field to produce electricity. Turbines are operated by steam generated by burning gas, coal, or oil in the combustion chamber. Most turbines are based on steam and gas. A steam turbine converts thermal energy obtained from steam into mechanical energy, which turns the blades of a rotor of the steam turbine. The mechanical energy of the steam or gas turbine is converted to electrical output by the means of turbo generator. Turbo generator is one of the most common equipment found in all thermal (coal, gas, and oil) power plants. Key drivers of the BTG market are rise in demand for electricity around the globe, abundance of coal reserves, and high capacity of thermal power plants. Stringent environmental & climate change norms and growth in popularity of renewable power generating technologies are some of the restraints of the BTG market.

Read Report Overview @ https://www.transparencymarketresearch.com/boiler-turbine-generator-market.html

Asia Pacific is a prominent region of the BTG market, led by the increase in demand and consumption of electricity in China, followed by that in India and Japan. Most of the electricity in China and India is generated from thermal power plants, due to the abundance of coal deposits in these countries. Thus, China and India are the biggest BTG markets across the globe. Expansion of the economy, growth in urbanization, and rise in demand for electricity are augmenting the BTG market in Asia Pacific. Increase in demand for electricity in North America and Europe owing to the growing urbanization, industrial development, abundance of coal reserves, and aging electricity infrastructure are also driving the BTG market in these regions. Advanced technological innovation in power generation technologies and their rapid commercialization in power generation applications are boosting the global BTG market.

About Us

Transparency Market Research (TMR) is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.

TMR’s data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With extensive research and analysis capabilities, Transparency Market Research employs rigorous primary and secondary research techniques to develop distinctive data sets and research material for business reports.

Contact

Transparency Market Research

State Tower,

90 State Street,

Suite 700,

Albany NY – 12207

United States

Tel: +1-518-618-1030

USA – Canada Toll Free: 866-552-3453

Email: sales@transparencymarketresearch.com

Website: http://www.transparencymarketresearch.com

About Us

Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We have an experienced team of Analysts, Researchers, and Consultants, who us e proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.

Each TMR Syndicated Research report covers a different sector – such as pharmaceuticals, chemical, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, our syndicated reports thrive to provide clients to serve their overall research requirement.

Contact

Transparency Market Research
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA – Canada Toll Free: 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com