About Turbine
A turbine is a mechanical device consisting of revolving rotors and blades that transform rotational energy into usable energy. The fluid used for the rotation can be steam, gas, or other combustion products such as CO2 and carbon monoxide. There are three types of turbines, namely steam turbines, gas turbines, and CCGT. Steam turbines extract thermal energy from steam and convert it into mechanical energy. Gas turbines are generally used in gas-fired power plants where an internal combustion engine is placed, in which the fuel is mixed with air and ignited. Because of the growing awareness about the environmental pollution caused by thermal power plants, most of the newly constructed gas-fired power plants are CCGT plants.
Technavio's analysts forecast the turbine market in South Korea to grow at a CAGR of 6.4% over the period 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the turbine market in South Korea for the period 2015-2019. In terms of type, the market can be segmented into two: steam turbines and CCGT.
Technavio's report, Turbine Market in South Korea 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Vendors
• Alstom
• Doosan Heavy Industries & Construction
• GE
• Mitsubishi Heavy Industries
• Siemens
Other Prominent Vendors
• ABB
• Westinghouse
Key Market Driver
• Adoption of Super Critical and Ultra-super Critical Technology
• For a full, detailed list, view our report
Key Market Challenge
• High Reliance on Energy Imports
• For a full, detailed list, view our report
Key Market Trend
• Increased Investments in Power Sector
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Key highlights
05.1 Focus on nuclear and renewable power generation to impact fossil-fuel based turbines
05.2 Private power companies to play major role in case of increasing installations
05.3 Reliance on fossil-fuel imports likely to affect fuel supply
05.4 Energy plan to give boost to installations in South Korea
06. Introduction
07. Market Landscape
07.1 Market Overview
07.2 Power Generation Market in South Korea
07.3 Market Size and Forecast
07.4 Five Forces Analysis
08. Market Segmentation by Type
08.1 Turbine Market in South Korea by Type 2014
08.2 Turbine Market in South Korea by Type 2019
08.3 Steam Turbine market in South Korea
08.3.1 Market Size and Forecast
08.3.2 Steam turbine market by company
08.4 CCGT market in South Korea
08.4.1 Market Size and Forecast
08.4.2 CCGT market by company
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key Vendors Snapshot
16.1.2 Key News
16.2 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Alstom Power
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Key Solutions
17.1.4 Geographical Presence
17.1.5 Business Strategy
17.1.6 Recent Developments
17.1.7 SWOT Analysis
17.2 Doosan Heavy Industries & Construction
17.2.1 Key Facts
17.2.2 Business Description
17.2.3 Business Segmentation by Revenue
17.2.4 Business Segmentation by Revenue 2012 and 2013
17.2.5 Geographical Segmentation by Revenue 2013
17.2.6 Business Strategy
17.2.7 Key Developments
17.2.8 SWOT Analysis
17.3 General Electric
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 Business Segmentation by Revenue 2014
17.3.4 Business Segmentation by Revenue 2013 and 2014
17.3.5 Geographical Segmentation by Revenue 2014
17.3.6 Business strategy
17.3.7 Recent Developments
17.3.8 SWOT Analysis
17.4 Mitsubishi Heavy Industries
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Business Segmentation by Revenue 2014
17.4.4 Business s Segmentation by Revenue 2013 and 2014
17.4.5 Geographical Segmentation by Revenue 2014
17.4.6 Business Strategy
17.4.7 Recent Developments
17.4.8 SWOT Analysis
17.5 Siemens Energy
17.5.1 Key Facts
17.5.2 Business Overview
17.5.3 Business Segmentation
17.5.4 Geographical Segmentation
17.5.5 Business Strategy
17.5.6 Key Information
17.5.7 SWOT Analysis
18. Other Reports in this Series
List of Exhibits:
Exhibit 1: Market Research Methodology
Exhibit 2: Fossil-fuel based installations in South Korea from 2014-2019 (MW)
Exhibit 3: Types of Turbine
Exhibit 4: Schematic Diagram of CCGT-based Power Plant
Exhibit 5: Schematic Diagram of Steam-turbine-based Power Plant
Exhibit 6: Schematic Diagram of Gas-turbine-based Power Plant
Exhibit 7: South Korea: Power Generation Mix 2013 & 2014
Exhibit 8: Power Generation in South Korea 2010-2013 (TWh)
Exhibit 9: Turbine Market in South Korea 2014-2019 (MW)
Exhibit 10: Turbine Market in South Korea by Type 2014
Exhibit 11: Turbine Market in South Korea by Type 2019
Exhibit 12: Turbine Market in South Korea by Type 2014-2019
Exhibit 13: Steam turbine Market in South Korea (MW)
Exhibit 14: Steam turbine market by power companies from 2015-2019 (MW)
Exhibit 15: Top five upcoming coal-fired power plants by power companies (MW)
Exhibit 16: CCGT Market in South Korea (MW)
Exhibit 17: CCGT market by power companies from 2015-2019 (MW)
Exhibit 18: Top five gas-fired power plants by power companies from 2015-2019 (MW)
Exhibit 19: CCGT – Process Life Cycle
Exhibit 20: Bituminous coal demand in South Korea (million tonnes)
Exhibit 21: Upcoming gas-fired power plants in South Korea
Exhibit 22: Coal and natural gas imports in South Korea (2010-2013)
Exhibit 23: Alstom Power: Key Solutions
Exhibit 24: Alstom Power: Geographical Presence
Exhibit 25: Doosan Heavy Industries & Construction: Business Segmentation by Revenue 2013
Exhibit 26: Doosan Heavy Industries & Construction: Business Segmentation by Revenue 2012 and 2013 (US$ million)
Exhibit 27: Doosan Heavy Industries & Construction: Geographical Segmentation by Revenue 2013
Exhibit 28: General Electric: Business Segmentation by Revenue 2014
Exhibit 29: General Electric: Business Segmentation by Revenue 2013 and 2014 ($billion)
Exhibit 30: General Electric: Geographical Segmentation by Revenue 2014
Exhibit 31: Mitsubishi Heavy Industries: Business Segmentation by Revenue 2014
Exhibit 32: Mitsubishi Heavy Industries: Business Segmentation by Revenue 2013 and 2014 (US$ billion)
Exhibit 33: Mitsubishi Heavy Industries: Geographical Segmentation by Revenue 2014
Exhibit 34: Business Segmentation of Siemens Energy 2013
Exhibit 35: Business Segmentation of Siemens Energy by Revenue 2012 and 2013 (US$ billion)
Exhibit 36: Geographical Segmentation of Siemens Energy by Revenue 2013
Contact us at the Consulting WP office nearest to you or submit a business inquiry online.
Subscribe to Our Newsletter
