September 2022: Johnson Controls, the global leader for smart, healthy and sustainable buildings, is making residential energy efficiency more affordable and accessible for homeowners through robust financing options and rebates intended to maximize newly announced savings available through the Inflation Reduction Act. With higher-efficiency HVAC equipment from Johnson Controls, homeowners can reduce their heating and cooling costs by as much as 50% compared to low-efficiency system.
March 2023: Siemens completes Azores sustainable power project, creating a blueprint for other islands. Project on Terceira handed over to Portuguese energy company EDA – Electricidade dos Açores. Software from Siemens Xcelerator portfolio and 15 MW battery storage boost share of renewables, improve flexibility and resilience of power grid. Expected annual CO2 savings of more than 3,600 tons
Author Credits: Payel Roy, Dhruv Bhatia
Report ID: 889
Published Date: Feb 05, 2024
Report Format: PDF, PPT
Frequently Asked Questions (FAQ)
Rising need for electricity and global temperature and demand to reduce carbon emission are the major factors driving the growth of the turbine inlet cooling system market.
The market size of turbine inlet cooling system is anticipated to attain a CAGR of 5% over the forecast period, i.e., 2024-2036.
The major players in the market are Johnson Controls International plc, General Electric Company, Baltimore Aircoil Company, Inc., Camfil AB, Munters AB, Parker Hannifin Corporation, Caldwell Energy Company, American Moistening Company, Inc., Mee Industries Inc., and others.
The inlet fogging segment is anticipated to garner the largest market size by the end of 2036 and display significant growth opportunities.
The market in the North America region is projected to hold the largest market share by the end of 2036 and provide more business opportunities in the future.