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United States Turbine Inlet Cooling Systems Market Report 2016

Press Release   •   Aug 17, 2017 03:15 EDT

United States Turbine Inlet Cooling Systems Market Report 2016

Increasing demand for power and energy across the globe has led to an increase in number of new gas turbines globally. This increasing installation rate is expected to directly impact the demand for turbine inlet cooling systems. Cooling, in case of the turbines, plays a very important role as lowering the temperature by even a few degrees can improve power output substantially. For power generation plants located in regions having hot & arid, hot & humid climate and seasonal heat, implementing the perfect cooling system is must in order to prevent unnecessary power losses and thus drop in overall power generation plant efficiency. In absence of a proper cooling system, power plants may need to install an additional turbine to bear the power losses. To avoid such uneconomical practices power plants usually incorporate turbine inlet cooling systems. The turbine cooling system market is expected to be profitable market as it provides cost-effective power augmentation. The global turbine inlet cooling system market is segmented on the basis of technology and regions.

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Chiller Systems leads the market globally with the biggest market share and is expected to grow with a high CAGR during the forecast period. The growth of this segment is attributed to high efficiency of cooling systems in lowering the turbine inlet air temperatures. North America is expected to witness huge growth rate and the demand for turbine inlet cooling systems in this region is growing due to natural gas power production.

Download sample pages of this report: https://goo.gl/brDcc3

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