African Steam and Gas Turbine Markets Revenues Expected to Surge From $982.2 Million in 2005 to $1,235.2 Million by 2012.DUBLIN, Ireland -- Research and Markets (http://www.researchandmarkets.com/reports/c50523) has announced the addition of Frost & Sullivan's new report: African Steam and Gas Turbine Markets to their offering. This research service titled African Steam and Gas Turbine Markets provides capacity and revenue addition forecasts as well as geographic and output category analyses. In this research, Frost & Sullivan's expert analysts thoroughly examine the following markets: steam and gas turbine markets in Egypt, Nigeria, South Africa South Africa, Afrikaans Suid-Afrika, officially Republic of South Africa, republic (2005 est. pop. 44,344,000), 471,442 sq mi (1,221,037 sq km), S Africa. , central and eastern Africa as well as parts of North, western and southern Africa
Market Sectors Expert analysts thoroughly examine the following market sectors in this research: By Output Category: Steam Turbines Steam turbine A machine for generating mechanical power in rotary motion from the energy of steam at temperature and pressure above that of an available sink. By far the most widely used and most powerful turbines are those driven by steam. - 5 to 100 MW - 100 to 300 MW - More than 300 MW Gas Turbines - 5 to 15 MW - 15 to 60 MW - 60 to 180 MW - More than 180 MW Technologies The following technologies are covered in this research: - Simple Cycle Gas Power Plant - Combined Cycle A combined cycle is characteristic of a power producing engine or plant that employs more than one thermodynamic cycle. Heat engines are only able to use a portion of the energy their fuel generates (usually less than 50%). The remaining heat from combustion is generally wasted. Power Plant - Integrated Gasification gas·i·fy tr. & intr.v. gas·i·fied, gas·i·fy·ing, gas·i·fies To convert into or become gas. gas Combined Cycle Power Plant Market Overview Economic Developments and Growing Demand for Electricity across Africa to Boost Market Performance The recent economic developments witnessed in Africa are expected to spur the growth of the power generation industry, resulting in a rise in its turbines capacity. The existing importance of conventional fossil fuel fossil fuel: see energy, sources of; fuel. fossil fuel Any of a class of materials of biologic origin occurring within the Earth's crust that can be used as a source of energy. Fossil fuels include coal, petroleum, and natural gas. power generation, combined with the availability of natural gas and coal resources across Africa, will serve as an impetus to the growth of the steam and gas turbines market. The market is likely to exhibit continued growth in North Africa, Nigeria, South Africa as well as certain countries in central and eastern Africa. Over the long term, gas turbines will prove to dominate the overall market in terms of capacity addition, thereby generating the highest revenues, with the exception of southern Africa, where steam turbines are likely to exhibit greater prominence. However, steam turbines are expected to continue to remain an essential supplement to gas turbines for the establishment of high-efficiency combined cycle power plants. Owing to owing to prep. Because of; on account of: I couldn't attend, owing to illness. owing to prep → debido a, por causa de economic growth and the growing population, the demand for electricity is witnessing an increase, says the analyst of this research service. Hence, given the ongoing power crisis, improving the installation of power generation capacity will become essential to fulfill ful·fill also ful·fil tr.v. ful·filled, ful·fill·ing, ful·fills also ful·fils 1. To bring into actuality; effect: fulfilled their promises. 2. this demand. New power plant projects are expected to focus on the initial establishment of simple cycle power plants, subsequently converting them into combined cycle power plants. At the same time, clean coal technology such as the Integrated Gasification Combination Cycle (IGCC IGCC Integrated Gasification Combined Cycle IGCC Indo-German Chamber of Commerce IGCC Institute on Global Conflict and Cooperation IGCC Incentive Gift Certificate Council IGCC Instituto de Gastroenterologia e Cirurgia de Campinas ) is likely to gain importance over the long term in coal-rich countries. In the context of funding and trade, the growing support from countries across the world is also likely to support market progress. Moreover, while the industry will witness the entry of independent power producers (IPPs), state utilities, especially the Electricity Supply Commission (ESKOM ESKOM Electricity Supply Commission ), are likely to dominate the building of power plants. Addressing Security Concerns Key to Market Growth Presently, security concerns are hampering the entry of foreign investors and multinational companies into the market. Several risks associated with transacting business in Africa, such as the lack of security for people as well as equipment, are posing a challenge despite the existence of favourable political situations in certain countries. However, with growing support from funding organisations in terms of insurance and bank guarantees, this situation is expected to improve. While intermittent intermittent /in·ter·mit·tent/ (-mit´ent) marked by alternating periods of activity and inactivity. in·ter·mit·tent adj. 1. Stopping and starting at intervals. 2. fluctuations in capacity addition are anticipated to occur, turbine manufacturing companies are likely to exploit the growth potential resulting from emerging favourable economic conditions. Accordingly, revenues are expected to surge from $982.2 million in 2005 to $1,235.2 million by 2012. Companies seeking to enter the market would do well to initially establish themselves in stable markets and subsequently leverage growth opportunities provided by other countries that involve high risks. For more information visit http://www.researchandmarkets.com/reports/c50523. |
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