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Demand for heavy-duty gas turbines to power AI data centers is a feature of the global economy.
MONTRÉAL, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Bombardier Inc. (Bombardier) and Mitsubishi Heavy Industries, Ltd. (MHI) are pleased to announce that they have entered into an agreement under which Bombardier will acquire the assets of MHI Canada Aerospace, Inc. (MHICA), located in Mississauga, Ontario. Subject to regulatory approvals and customary closing conditions, the transaction is expected to close later this year. With this acquisition, Bombardier will add MHICA’s aerostructure manufacturing
The global steam turbine aftermarket market was valued at USD 12.50 billion in 2025 and is forecast to reach USD 16.02 billion by 2031, growing at a 4.22% CAGR. Growth is driven by aging coal and nuclear fleets, life-extension programs, condition-based maintenance, rising electricity demand, and cost-efficient turbine upgrades. Spare parts and consumables lead by offering, while nuclear is the fastest-growing fuel segment. Power generation and large turbines dominate demand. Asia Pacific leads t
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