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Newstrail
Newstrail
According to the latest report by IMARC Group, titled “Gas Turbine Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2021-2026,” the global gas turbine market reached a value of US$ 21 Billion in 2020. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.1% during 2021-2026. A gas turbine is an internal combustion (IC) engine that generates mechanical energy by using the heat produced by liquid fuels and natural gases. It runs through a downstream turbine, an upstream rotating compressor, and a combustion chamber that compresses the atmospheric air…