Press release
General Electric Worldwide Aeroderivative Gas Turbine Market By Capacity 2024 | Siemens AG, Mitsubishi Hitachi Power Systems Ltd, Rolls-Royce, ABB, Ansaldo Energia, Capstone Turbine
Aeroderivative Gas Turbine Market, Aeroderivative Gas Turbine Market trends, Aeroderivative Gas Turbine Market forecast, Aeroderiv
Aeroderivative Gas Turbine Market size will exceed 21 GW by 2024, as reported in the latest study.
Meticulously analyzed in terms of pivotal industry segments, Global Aeroderivative Gas Turbine market report effectively covers the scope of this space in terms By Capacity, By Technology, By Application and the prominent contributors. Additionally, the report also outlines intricate details regarding the lucrative opportunities that industry contenders can expect in conjunction with the potential threats that have been envisioned for this business sphere in the forthcoming years.
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The report extensively bifurcates the various contenders of Global Aeroderivative Gas Turbine market. Prominent contributors such as General Electric, Siemens AG, Mitsubishi Hitachi Power Systems Ltd, Rolls-Royce, ABB, Ansaldo Energia, Capstone Turbine, Harbin Electric International Company Limited, NPO Saturn, Kawasaki Heavy Industries, Opra Turbines Company have been scrutinized in terms of their financials, strengths, weaknesses, potential threats in the market, and future opportunities.
U.S. aeroderivative gas turbine market share is predicted to witness gain over 11% by 2024. Stringent emission norms coupled with deployment of new cogeneration facilities will positively impact the business outlook.
For Europe, Russia accounted for over 130 MW in 2015. Growing investments towards replacement of aging coal fired stations with sustainable cogeneration plants will boost the industry growth.
China aeroderivative gas turbine market is set to exceed USD 350 million by 2024. Government measures to strengthen energy and defense industry will positively favor the industry growth. In 2014, GE and China Huadian Corporation (CHD) ventured together to form Huadian GE Aero Gas Turbine Equipment Co., Ltd. (HDGE).
India aeroderivative gas turbine market is anticipated to witness gain over 15% during the forecast timeframe. Rising concern towards the emission control and climate change may favor the business landscape. Saudi Arabia was valued over USD 180 million in 2015. In 2016, Saudi Electricity Company (SEC) awarded General Electric for the supply of 7F.05 turbines for Waad Al-Shamal plant.
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Growing focus towards the capability enhancement of aviation and maritime defense forces will drive the aeroderivative gas turbine market. Light weight, small carbon footprint, high cycle flexibility and short downtime for maintenance are some of the salient features which makes it preferable over other available alternatives. Companies including GE and Siemens are making significant investments towards the development of effective high capacity technology. GE deployed its latest LM2500 to U.S. and Indian warships in 2016.
Aeroderivative gas turbine market for over 18 MW will see strong growth owing to growing applications across power generation and O&G industries. In 2017, GE launched LM9000 and NovaLT12 technology which helps in delivering safe, precise, and flexible energy supply to upstream and midstream operations.
Combined cycle aeroderivative gas turbine market for 2015 was over 5 GW and looks set to see handsome growth. Rising acceptance across cogeneration electricity generating stations owing to its fast start and cycling capabilities will complement the business outlook.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3 Aeroderivative Gas Turbine Industry Insights
Chapter 4 Aeroderivative Gas Turbine Market, By Capacity
Chapter 5 Aeroderivative Gas Turbine Market, By Technology
Chapter 6 Aeroderivative Gas Turbine Market, By Application
Chapter 7 Aeroderivative Gas Turbine Market, By Region
Chapter 8 Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/aeroderivative-gas-turbine-market
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