Turbine Inlet Cooling Systems - Global Market Trajectory & Analytics

Global Turbine Inlet Cooling Systems Market to Reach $6.3 Billion by 2027

Amid the COVID-19 crisis, the global market for Turbine Inlet Cooling Systems estimated at US$4.4 Billion in the year 2020, is projected to reach a revised size of US$6.3 Billion by 2027, growing at a CAGR of 5% over the period 2020-2027.

The U. S. Market is Estimated at $1.2 Billion, While China is Forecast to Grow at 7.7% CAGR

The Turbine Inlet Cooling Systems market in the U. S. is estimated at US$1.2 Billion in the year 2020. China, the world`s second largest economy, is forecast to reach a projected market size of US$1.3 Billion by the year 2027 trailing a CAGR of 7.7% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 2.8% and 4.5% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 3.1% CAGR. We bring years of research experience to this 9th edition of our report. The 134-page report presents concise insights into how the pandemic has impacted production and the buy side for 2020 and 2021. A short-term phased recovery by key geography is also addressed.

Competitors identified in this market include, among others:

• Baltec IES Pty., Ltd.
• Caldwell Tanks
• Camfil Power Systems
• Johnson Controls, Inc.
• Mee Industries Inc.
• Siemens AG
• Stellar Energy