Engine, Turbine, And Power Transmission Equipment Manufacturing Global Market Report 2018

Engine, Turbine, And Power Transmission Equipment Manufacturing Global Market Report 2018
Starting Price : $ 6000.00 | Pages : 250 | Published : February 2018

SKU CODE : 3287 | Format :

The engine, turbine, and power transmission equipment manufacturing industry comprises establishments mainly involved in manufacturing turbines, power transmission equipment, and internal combustion engines (except automotive gasoline and aircraft). This industry is also involved in manufacturing clutches and brakes (except electromagnetic industrial controls, and motor vehicle), diesel and semi diesel engines, electric outboard motors, internal combustion engines for hybrid drive systems (except automotive), plain bearings and bushings (except internal combustion engine), power transmission pulleys, speed changers, speed reducers, turbine generator set units, universal joints (except aircraft, and motor vehicle). The engine, turbine, and power transmission equipment manufacturing market in this report is segmented into turbine and turbine generator set units manufacturing, speed changer, industrial high-speed drive, and gear manufacturing, and mechanical power transmission equipment manufacturing.

Asia Pacific was the largest region in the engine, turbine, and power transmission equipment manufacturing market in 2017, accounting for 38% market share. Western Europe was the second largest region accounting for 30% market share. Middle East was the smallest region accounting for 3% market share.

Driverless locomotive technology offers control over all the trains and a predefined railroad infrastructure for intelligent navigation. Automated trains are being used to increase the network capacity, effective control and monitor of traffic. These trains use automated systems which optimize their running time, average speed and reliability. For example, 75km long Dubai Metro and Copenhagen Metro are a few examples of automated train network. Also, Australian mining company, Rio Tinto is investing $500 million on the first ever fully automated long distance trains to deliver its iron ores to ports. The CEO of German Railways, Ruediger Grube made an announcement stating that the German railways would be fully automated by 2023, thus indicating high demand for driverless automotive technologies in the forecast period

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