Global Gas Turbines Market

  • Report Id: VMR 3571
  • Published Date: February, 2020
  • No of Pages: 129
  • Format: Electronic (PDF)
  • Publisher: Verified Market Research
  • Category:

The Global Gas Turbines Market was valued at 18.68 billion in 2019 and is projected to reach USD23.98 billion by 2027, growing at a CAGR of 3.42% from 2020 to 2027.

A Gas Turbine is an internal combustion engine that converts natural gas or other liquid fuels into mechanical energy. The energy produced is then used to drive a generator that in turn produces electrical energy. Benefits of using gas turbines include – lower operational cost, efficient and durable, facilitates distributed power generation, environmentally-friendly, and high operational speed and low lubrication cost.

Sample Infographics:

Market Dynamics:
1. Market Drivers
1.1 Growing trend of distributed power generation
1.2 Increasing demand for electricity and natural gas-fired power plant
1.3 Replacement of traditional nuclear and coal plant
1.4 Reduction in emissions of carbon dioxide
1.5 Rising impact of shale gas
1.6 Growing adoption of efficient power generation technology
2. Market Restraints
2.1 Rising focus on renewable energy
2.2 Changing prices
2.3 Concerns for natural gas infrastructure

Market Segmentation:
The Global Gas Turbines Market is segmented on the design type, technology, rating capacity, application, and region.

1. Design Type:
1.1 Aeroderivative
1.2 Heavy Duty

2. By Technology:
2.1 Combined Cycle
2.2 Open Cycle

3. By Rating Capacity:
3.1 Less than 40 MW
3.2 40–120 MW
3.3 120–300 MW
3.4 Above 300 MW

4. By Application:
4.1 Oil & Gas
4.2 Power Generation
4.3 Others

5. By Region:
5.1 North America (U.S., Canada, Mexico)
5.2 Europe (Germany, UK, France, Rest of Europe)
5.3 Asia Pacific (China, India, Japan, Rest of Asia Pacific)
5.4 Latin America (Brazil, Argentina, Rest of Latin America)
5.5 Middle East & Africa

Competitive Landscape:
The major players in the market are as follows:
1. Siemens
2. MHPS
3. Harbin Electric
4. Man Diesel
5. Vericor Power
6. Centrax
7. Zorya
8. Kawasaki Heavy Industries
9. GE
10. Ansaldo
11. OPRA
12. Solar Turbines
13. BHEL

These major players have adopted various organic as well as inorganic growth strategies such as mergers & acquisitions, new product launches, expansions, agreements, joint ventures, partnerships, and others to strengthen their position in this market.

RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE:
Research study on the Global Gas Turbines Market was performed in five phases which include Secondary research, Primary research, subject matter expert advice, quality check and final review.
The market data was analyzed and forecasted using market statistical and coherent models. Also market shares and key trends were taken into consideration while making the report. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis.

To know more about the Research Methodology of Verified Market Intelligence and other aspects of the research study, kindly get in touch with our sales team.

1 INTRODUCTION OF GLOBAL GAS TURBINES MARKET
1.1 Overview of the Market
1.2 Scope of Report
1.3 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY OF VERIFIED MARKET INTELLIGENCE
3.1 Data Mining
3.2 Validation
3.3 Primary Interviews
3.4 List of Data Sources

4 GLOBAL GAS TURBINES MARKET OUTLOOK
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
4.5 Regulatory Framework

5 GLOBAL GAS TURBINES MARKET , BY DESIGN TYPE
5.1 Overview
5.2 Aeroderivative
5.3 Heavy Duty

6 GLOBAL GAS TURBINES MARKET , BY TECHNOLOGY
6.1 Overview
6.2 Combined Cycle
6.3 Open Cycle

7 GLOBAL GAS TURBINES MARKET , BY RATING CAPACITY
7.1 Overview
7.2 Less than 40 MW
7.3 40–120 MW
7.4 120–300 MW
7.5 Above 300 MW
8 GLOBAL GAS TURBINES MARKET , BY APPLICATION
8.1 Overview
8.2 Oil & Gas
8.3 Power Generation
8.4 Others

9 GLOBAL GAS TURBINES MARKET , BY GEOGRAPHY
9.1 Overview
9.2 North America Regional Market Estimates and Forecasts, 2012 – 2025
9.2.1 U.S.
9.2.2 Canada
9.2.3 Mexico
9.3 Europe Regional Market Estimates and Forecasts, 2012 – 2025
9.3.1 Germany
9.3.2 U.K.
9.3.3 France
9.3.4 Rest of Europe
9.4 Asia Pacific Regional Market Estimates and Forecasts, 2012 – 2025
9.4.1 China
9.4.2 Japan
9.4.3 India
9.4.4 Rest of Asia Pacific
9.5 Latin America Regional Market Estimates and Forecasts, 2012 – 2025
9.5.1 Brazil
9.5.2 Argentina
9.6 Rest of the World Regional Market Estimates and Forecasts, 2012 – 2025

10 GLOBAL GAS TURBINES MARKET COMPETITIVE LANDSCAPE
10.1 Overview
10.2 Company Market Share
10.3 Vendor Landscape
10.4 Key Development Strategies

11 COMPANY PROFILES
11.1 Siemens
11.1.1 Overview
11.1.2 Financial Performance
11.1.3 Product Outlook
11.1.4 Key Developments

11.2 MHPS
11.2.1 Overview
11.2.2 Financial Performance
11.2.3 Product Outlook
11.2.4 Key Developments

11.3 Harbin Electric
11.3.1 Overview
11.3.2 Financial Performance
11.3.3 Product Outlook
11.3.4 Key Developments

11.4 Man Diesel
11.4.1 Overview
11.4.2 Financial Performance
11.4.3 Product Outlook
11.4.4 Key Developments

11.5 Vericor Power
11.5.1 Overview
11.5.2 Financial Performance
11.5.3 Product Outlook
11.5.4 Key Developments

11.6 Centrax
11.6.1 Overview
11.6.2 Financial Performance
11.6.3 Product Outlook
11.6.4 Key Developments

11.7 Zorya
11.7.1 Overview
11.7.2 Financial Performance
11.7.3 Product Outlook
11.7.4 Key Developments

11.8 Kawasaki Heavy Industries
11.8.1 Overview
11.8.2 Financial Performance
11.8.3 Product Outlook
11.8.4 Key Developments

11.9 GE
11.9.1 Overview
11.9.2 Financial Performance
11.9.3 Product Outlook
11.9.4 Key Developments

11.10 Ansaldo
11.10.1 Overview
11.10.2 Financial Performance
11.10.3 Product Outlook
11.10.4 Key Developments

11.11 OPRA
11.11.1 Overview
11.11.2 Financial Performance
11.11.3 Product Outlook
11.11.4 Key Developments
11.12 Solar Turbines
11.12.1 Overview
11.12.2 Financial Performance
11.12.3 Product Outlook
11.12.4 Key Developments

11.13 BHEL
11.13.1 Overview
11.13.2 Financial Performance
11.13.3 Product Outlook
11.13.4 Key Developments

12 Appendix
12.1 Related Reports

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