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An extensive gas turbine market research on the global gas turbine market size and gas turbine market size in over 50 different countries hints at a rapid development of the product groups and markets. Segmentation of the market into different kinds of products offers a perspective on the current scenario of gas turbine market growth. Forecasts and future gas turbine market outlook opens up new business development avenues in potential countries and markets. Key product segments include gas turbines and parts of gas turbines.

The huge untapped wind power potential of India and its energy deficiency is helping in the growth of the wind turbine market in the country. Research on wind turbine market reveals that the market is forecasted to exhibit steady growth over the next five years. Renewable energy is gaining prominence within the country. Wind energy accounts for majority of the renewable energy generated in the country. With India facing continuous shortfall in the supply of energy required to cater to the demands of its growing population through conventional sources, the focus is shifting from conventional to renewable sources of energy.