Join
A
Acumen Research and Consulting (ARC)
@surabhi
Automotive Industry Blog
September 24, 2019

Gas Turbine Market with Moderate 5.0% CAGR in 2018-2026

Energy and Power

The global gas turbine market size is anticipated to around USD 31.2 billion by 2026, this market is anticipated to grow with 5.0% CAGR during the forecast time period. The market is required to be driven by increasing pressure from worldwide organizations to diminish carbon impression, alongside low shale gas costs.

The report analyzes and forecasts the Gas Turbine market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2018 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

DOWNLOAD FREE SAMPLE
https://www.acumenresearchandconsulting.com/request-sample/1164

Market Dynamics

Motivating forces given by local governments to gas-based power generation organizations to battle expanding carbon impressions are probably going to drive showcase development. Gas turbines saw a particular increment in 2015, indicating an adjustment in arrangements by power generators to gain by low gas costs. The absolute biggest gas turbine shipments are assessed to make a beeline for Latin America, U.S., and Europe. In any case, Asia Pacific will probably show the quickest development rate within a coming years.

Post 2016, steam turbine orders are grabbing also, impersonating the pattern in gas turbines, attributable to rising CHP establishments over the globe. Combined cycle power generation is the most proficient type of innovation to produce power. This innovation portion additionally represents the biggest offer in the gas turbine market.

Market Insights

Increasing pressure from global offices to decrease carbon impression, alongside low shale costs, is driving business sector development. Local governments offering motivators for natural gas-based electricity generation is a key pattern profiting the market.
Worldwide electricity demand in the coming years is relied upon to increment by almost 33% of the present demand. Significant gas delivering areas, for example, Middle East, U.S., and Russia are seeing a noteworthy redo in their power generation framework to forcefully seek after gas-based power generation. Critical establishments are likewise found in Southeast Asia, Latin America, and Africa.

Turbines pays vital job in lessening carbon discharges. In examination with other burning based power generation applications, they show bring down outflows. With the execution of different environmental change activities just as directions to chop down GHG emissions, their potential is required to increment in the up and coming years.

Market Participants

Some of the main businesses present in the area Gas turbineare Zorya-Mashproekt, General Electric, Harbin Electric International Company, Siemens AG, NPO Saturn, Wartsila, Cryostar, Mitsubishi Hitachi Power Systems, Capstone Turbine, BHEL, Man Diesel & Turbo, Kawasaki Heavy Industries, Vericor Power Systems, Ansaldo Energia, Opra Turbines, and Solar Turbines. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, and acquisitions.

Market Segmentation

Market By Capacity

  • ≤200 MW
  • >200 MW

Market By Technology

  • Open Cycle
  • Combined Cycle

Market By Application

  • Power Generation
  • Industrial
  • Aviation

Market By Geography


  • North America
    U.S.
    Canada
    Mexico


  • Europe
    UK
    Germany
    France
    Rest of Europe


  • Asia-Pacific
    China
    Japan
    India
    Australia
    Rest of Asia-Pacific


  • Latin America
    Brazil
    Chile
    Rest of Latin America


  • Middle East and Africa (MEA)
    South Africa
    Saudi Arabia
    Rest of MEA

Table Of Content

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Gas Turbine
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Gas Turbine Market By Capacity
1.2.2.1. Global Gas Turbine Market Revenue and Growth Rate Comparison By Capacity (2015-2026)
1.2.2.2. Global Gas Turbine Market Revenue Share By Capacity in 2017
1.2.2.3. ≤200 MW
1.2.2.4. >200 MW
1.2.2.5. Others
1.2.3. Gas Turbine Market By Technology
1.2.3.1. Global Gas Turbine Market Revenue and Growth Rate Comparison By Technology (2015-2026)
1.2.3.2. Open Cycle
1.2.3.3. Combined Cycle
1.2.3.4. Others
1.2.4. Gas Turbine Market By Application
1.2.4.1. Global Gas Turbine Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Power Generation
1.2.4.3. Industrial
1.2.4.4. Aviation
1.2.4.5. Others
1.2.5. Gas Turbine Market by Geography
1.2.5.1. Global Gas Turbine Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Gas Turbine Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter’s Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Gas Turbine Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Gas Turbine Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Gas Turbine Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Gas Turbine Major Manufacturers in 2017

CHAPTER 4. GAS TURBINE MARKET BY CAPACITY

4.1. Global Gas Turbine Revenue By Capacity
4.2. ≤200 MW
4.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.3. >200 MW
4.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
4.4. Other
4.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 5. GAS TURBINE MARKET BY TECHNOLOGY

5.1. Global Gas Turbine Revenue By Technology
5.2. Open Cycle
5.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.3. Combined Cycle
5.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 6. GAS TURBINE MARKET BY APPLICATION

6.1. Global Gas Turbine Revenue By Application
6.2. Power Generation
6.2.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.3. Industrial
6.3.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.4. Aviation
6.4.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 – 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 – 2026 ($Million)

CHAPTER 7. NORTH AMERICA GAS TURBINE MARKET BY COUNTRY

7.1. North America Gas Turbine Market Revenue and Growth Rate, 2015 – 2026 ($Million)
7.2. North America Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Gas Turbine Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
7.3.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
7.4.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
7.5.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
7.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 8. EUROPE GAS TURBINE MARKET BY COUNTRY

8.1. Europe Gas Turbine Market Revenue and Growth Rate, 2015 – 2026 ($Million)
8.2. Europe Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
8.3.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
8.4.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
8.5.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
8.6.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
8.7.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC GAS TURBINE MARKET BY COUNTRY

9.1. Asia-Pacific Gas Turbine Market Revenue and Growth Rate, 2015 – 2026 ($Million)
9.2. Asia-Pacific Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
9.3.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
9.4.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
9.5.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
9.6.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
9.7.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
9.8.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 10. LATIN AMERICA GAS TURBINE MARKET BY COUNTRY

10.1. Latin America Gas Turbine Market Revenue and Growth Rate, 2015 – 2026 ($Million)
10.2. Latin America Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
10.3.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
10.4.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
10.5.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 11. MIDDLE EAST GAS TURBINE MARKET BY COUNTRY

11.1. Middle East Gas Turbine Market Revenue and Growth Rate, 2015 – 2026 ($Million)
11.2. Middle East Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
11.3.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
11.4.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
11.5.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 12. AFRICA GAS TURBINE MARKET BY COUNTRY

12.1. Africa Gas Turbine Market Revenue and Growth Rate, 2015 – 2026 ($Million)
12.2. Africa Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
12.3.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
12.3.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
12.4.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
12.4.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Capacity, 2015 – 2026 ($Million)
12.5.2. Market Revenue and Forecast By Technology, 2015 – 2026 ($Million)
12.5.3. Market Revenue and Forecast By Application, 2015 – 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Zorya-Mashproekt
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. General Electric
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Harbin Electric International Company
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Siemens AG
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. NPO Saturn
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Wartsila
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Cryostar
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Mitsubishi Hitachi Power Systems
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Capstone Turbine
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. BHEL
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Man Diesel & Turbo
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Kawasaki Heavy Industries
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Vericor Power Systems
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
13.14. Ansaldo Energia
13.14.1. Company Snapshot
13.14.2. Overview
13.14.3. Financial Overview
13.14.4. Type Portfolio
13.14.5. Key Developments
13.14.6. Strategies
13.15. Opra Turbines
13.15.1. Company Snapshot
13.15.2. Overview
13.15.3. Financial Overview
13.15.4. Type Portfolio
13.15.5. Key Developments
13.15.6. Strategies
13.16. Solar Turbines
13.16.1. Company Snapshot
13.16.2. Overview
13.16.3. Financial Overview
13.16.4. Type Portfolio
13.16.5. Key Developments
13.16.6. Strategies
13.17. Others
13.17.1. Company Snapshot
13.17.2. Overview
13.17.3. Financial Overview
13.17.4. Type Portfolio
13.17.5. Key Developments
13.17.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

Would like to place an order or any question, please feel free to contact at [email protected] | +1 407 915 4157

The report provides size (in terms of volume and value) of Gas Turbine market for the base year 2017 and the forecast between 2018 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report. Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding. Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

Key Questions Answered in the Report

The report addresses key questions concerning the market evolution and overarching trends shaping global market growth. Some of the key questions answered in the report include-

Acumen Research and Consulting (ARC) is a global provider of market intelligence and consulting services to information technology, investment, telecommunication, manufacturing, and consumer technology markets. ARC helps investment communities, IT professionals, and business executives to make fact-based decisions on technology purchases and develop firm growth strategies to sustain market competition. With the team size of 100+ Analysts and collective industry experience of more than 200 years, Acumen Research and Consulting assures to deliver a combination of industry knowledge along with global and country level expertise.

Acumen Research and Consulting (ARC)
September 24, 2019, 10:38
0 views
0 reactions