The Business
Research Company’s latest report Engine, Turbine, And Power Transmission
Equipment Global Market Report 2020 covers Engine, Turbine, And Power
Transmission Equipment market drivers, Engine, Turbine, And Power Transmission
Equipment market trends, Engine, Turbine, And Power Transmission Equipment
market segments, Engine,
Turbine, And Power Transmission Equipment market growth rate, Engine, Turbine,
And Power Transmission Equipment market major players, and Engine, Turbine, And
Power Transmission Equipment market size. The report provides in-depth analysis
of the impact of COVID-19 on the Engine, Turbine, And Power Transmission
Equipment industry, along with revised market numbers due to the effects of the
coronavirus.
View Complete Report:
Engine, Turbine, And Power Transmission
Equipment Global Market Report 2020 is the most comprehensive report available on this market and
will help gain a truly global perspective as it covers 60 geographies. The
chapter on the impact of COVID-19 gives valuable insights on supply chain
disruptions, logistical challenges, and other economic implications of the
virus on the market. The chapter also covers markets which have been positively
affected by the pandemic.
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The global engine, turbine, and power
transmission equipment market is expected to decline from $519.7 billion in
2019 to $497 billion in 2020 at a compound annual growth rate (CAGR) of -4.4%.
The decline is mainly due to economic slowdown across countries owing to the
COVID-19 outbreak and the measures to contain it. The market is then expected
to recover and grow at a CAGR of 8% from 2021 and reach $616.2 billion in 2023.
The report covers
the Engine, Turbine, And Power Transmission Equipment market’s segments-
1) By Type:
Commercial Internal Combustion Engines, Turbine And Turbine Generator Set
Units, Mechanical Power Transmission Equipment, Speed Changer, Industrial
High-Speed Drive, And Gear
2) By Capacity:
Small, Medium, Large.
Subsegments
covered: Diesel Powered Internal Combustion Engines, Gasoline Powered Internal
Combustion Engines, Natural Gas Powered Internal Combustion Engines, Other
Powered Internal Combustion Engines, Steam And Gas Turbine, Wind Turbine, Hydro
Turbine, Plain Bearings, Joints, Clutches, Couplings, Pulleys, Chains And
Sprockets, Others - Mechanical Power Transmission Equipment.
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