Growth of Gas Turbine Market Forecast to 2024 in a Newly Released Report Profiling Kawasaki, Ansaldo Energia, Siemens AG, Solar Turbines, Opra Turbines, Capstone Turbine, Vericor, Man Diesel & Turbo

Market Study Report Adds Gas Turbine Market report is well-furnished to offer current market scenario along with market trends and opportunity. Further, the report uses different research methodology to provide the accurate data during the forecast period 2018-2024. Also, this report encompasses company profiling of key players with market share, recent developments, and strategies. Addition to this, the report is also comprised of insight data.

Effective environmental proximity, operational efficiency, effective waste heat utilization, and lower overall operational cost are few imperative factors which will propel the combined cycle gas turbine market growth. Resurgent industrial headway in conjunction growing demand for energy and stabilization of gas prices will fuel the overall industry potential. Furthermore, overburdening of existing energy resources including hydro power and coal coupled with regulatory focus toward energy optimization have instituted a favorable business scenario.

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Gas Turbine Market is predicted to reach over USD 34 GW by 2024. Stringent government mandates to curb emissions along with growing environmental concerns, have aligned focus toward the integration of effective measures pertaining to energy conservation. Pivotal for this development has been a re-structuring across the key power markets coupled with rapid technological advancements including the field of combustion, aerodynamics, cooling, and materials which in turn will complement the industry landscape.

Expansion of R&D investment reforms coupled with shifting focus toward effective combined cycle power generation plants will drive the U.S. gas turbine market. In 2016, ICF International have estimated that turbines fabricated by the U.S. manufacturers contributed to around 80% of the natural gas-fired combined cycle power plants across the nation. Government focus toward energy matrix optimization along with straining of available energy resources including coal and hydro power will further nourish the business outlook.

>200 MW gas turbine market share is predicted to grow on account of significant applicability across industries, power generation units, and manufacturing plants. The products are adept with environmental proximity, longer life cycle, effective fuel efficiency with comparatively lower costs. Further, enhanced operational performance along with large capacity integration and flexibility will favor the product adoption.

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Eminent participants in gas turbine market includes General Electric, Wartsila, Mitsubishi Hitachi, BHEL, Kawasaki, Ansaldo Energia, Siemens AG, Solar Turbines, Opra Turbines, Capstone Turbine, Vericor, Man Diesel & Turbo, Harbin Electric, Cryostar, Zorya-Mashproekt, and NPO Saturn.

Table of Content

Chapter 1. Methodology and Scope

Chapter 2. Executive Summary

Chapter 3. Gas Turbine Industry Insights

Chapter 4. Gas Turbine Market, By Capacity

Chapter 5. Gas Turbine Market, By Product

Chapter 6. Gas Turbine Market, By Technology

Chapter 7. Gas Turbine Market, By Application

Chapter 8. Gas Turbine Market, By Region

Chapter 9.  Company Profiles

9.1. GE

9.2. Siemens

9.3. Mitsubishi Heavy Industries

9.4. Ansaldo

9.5. Wartsila

9.6. Kawasaki Heavy Industries

9.7. OPRA Turbines

9.8. Solar Turbines

9.9. Harbin Turbine

9.10.    BHEL

9.11.    Vericor Power Systems

9.12.    MAN Diesel & Turbo

9.13.    Capstone

9.14.    Cryostar

9.15.    NPO Saturn

9.16.    Zorya-Mashproekt

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