openPR Logo
Press release

Forecast On Natural Gas Turbine Market Global Industry Analysis and Trends till 2027

11-01-2018 03:11 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Fact.MR

Forecast On Natural Gas Turbine Market Global Industry Analysis

Concerns pertaining to global warming has expanded considerably in the past decade and the world has come together to make the paradigm shift off fossil fuel and onto greener alternatives, if not renewable. This factor has given a strong thrust to the exploring and extraction of natural gas, which is turn is stroking the demand for the turbines that serve the purposes. A number of research and development activities are currently underway to further advance the possibilities with natural gas, and thereby the costs are reducing to make them more affordable for general masses.

Request Report Sample @ https://www.factmr.com/connectus/sample?flag=S&rep_id=669

According to a recent research study from the North Carolina State University, the demand for coal has significantly reduced in the past decade owing to the availability of low cost natural gas. Natural gas turbines have improved significantly too, working as a combustion engines that can serve purpose of converting natural gas into mechanical energy, which can be then used to feed a generator that can transform it into electrical energy. These primarily are indirect systems wherein a heat exchanger is utilized and only cleaner air is passed with no combustion products traveling through the power turbine.

A recent Fact.MR report delivers valuable insights on current and future prospects of the global natural gas turbine market for the period of forecast (2018-2027). An all-inclusive research study has been propounded by the report on natural gas turbine, along with detailed analysis and forecast on the market. Key research findings from the report focus at enhancing the undertakings of prominent market players, so as to enable them in devising their future business decisions.

Evolution of the natural gas turbines has always been in tandem with the market dynamics. With power producers shifting toward natural gas as the fuel of choice, gas turbine manufacturers have taken efforts to keep pace, catering to imperative generator requirements such as reliability and reduced carbon emissions.

Global Natural Gas Turbine Market: R&D Investments to Surge

In order to boost the procedure of new product cycles, while seeking improvements in design, efficiency and performance of their products, manufacturers in the natural gas turbine market are focusing on making R&D investments. For example, researchers from B&B Agema, and Kawasaki Heavy Industries (KHI) have collaborated for an R&D initiative dedicated toward a novel design approach, which would increase temperatures at high-pressure natural gas turbine stage inlet and the combustor exit.

View Full Report @ https://www.factmr.com/report/669/natural-gas-turbine-market

The research aims at boosting efficiency without putting much strain on blades and vanes, considering the fact that temperature of modern turbine stage inlet exceed melting points of the turbine blade materials. As the natural gas turbine market perceives consolidation, R&D initiatives will gain more emphasis among manufacturers. As noted in November announcement of Siemens, global natural gas turbine producers possess the capability to manufacture 400 large units with capacity of over 100 MW.

However, current demand is nearly 110 large units annually, which in turn will intensify the competition in the global market for natural gas turbines. Despite low demand, opportunities prevail for advancements in natural gas turbine technology on several levels ranging from technology & rating capacity to design & application. This has further rubbed off on R&D activities in the global natural gas turbine market.

Proliferation of Aero-Derivative Technology to Fuel Upgrades in Natural Gas Turbine Efficiency

Over the years, design engineers have transferred aircraft engine technology to the ground-based units, also called aero-derivative technology, which implies a leap ahead in power production. The technology has further deemed as a key for the generation of combined heat and power (CHP).

The aero-derivative units have currently become essential for balancing integration of the variable power sources, including wind and solar, into the electricity grid. With aero-derivative paving new market possibilities, advancements in turbines for natural gas-fired power production are fuelling efficiency upgrades at a rapid pace. Several upgrades have been introduced over the past few years from leading manufacturers such as GE Power, Siemens, Ansaldo Energia, and Mitsubishi Hitachi Power Systems (MHPS).

GE Power has launched its largest gas turbine (9HA), which is currently available at a 64% net efficiency in December, 2017. The company claims its new innovation to be the most advanced and efficient natural gas turbine technology till date.

Global Natural Gas Turbine Market: Growing Emphasis on Reduced Emissions

A key challenge backing up the intermittent power generation with gas is significant increase in emissions, which is attributed to several factors such as high level of NOx and Co emissions by operating gas turbine at low loads. Rapid changes in the turbine output are linked with disruption of equilibrium between the selective catalytic reduction and fuel.

Additional pilot fuel needed during the load alterations further results into increased NOx emissions. Moreover, maintaining accurate ammonia injection level in SCR is more challenges when the turbine load is changing. In a bid to curtail emission challenges, fast ignition turbine technology, imperative for combined cycle plants to initiate & ramp, while responding to grid fluctuations, is a key attribute of R&D efforts currently.

Major turbine manufacturers such as Siemens have recently introduced a fast-starting plant technology, which is designed to address emission-related problems. A prime example of such technology is Siemens Flex-Plant employed at Lodi Energy Center, California. Improvements in design of heat recovery steam generator (HRSG) enable fast start up of such plants, and eliminate low load holds, thereby reducing emissions.

Request TOC of this Report @ https://www.factmr.com/connectus/sample?flag=T&rep_id=669

About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

Contact us

Fact.MR

353-1-6111-593

11140 Rockville Pike

Suite 400

Rockville, MD 20852

United States

Email: sales@factmr.com

Web: https://www.factmr.com/

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Forecast On Natural Gas Turbine Market Global Industry Analysis and Trends till 2027 here

News-ID: 1346386 • Views: 213

More Releases from Fact.MR

Mini LED Market to Expand 7.5X by 2030, Finds New Study by Fact.MR
In recent years, increasing popularity of OLED TVs in China and India has been significantly influencing growth of the mini LED market. With an increase in disposable income of a majority of the population in these countries, the inclination towards smart screens with higher lifespan and better performance is expected to open up numerous growth opportunities for the mini LED market. Moreover, aspiring and affluent households have increased their spending
Uncertainty Surrounding COVID-19 to Shave-off Growth in Electrical Steel Market …
The global electrical steel market has utilized the opportunities in the market over the last decade with sales of electrical steel pegged at US$ 20.4 Bn in 2019. However, sales are set to plummet during in the middle two quarters of 2020 owing to COVID-19. In addition, several automakers have shuttered their production units, causing incalculable loss to the electrical steel market in 2020. However, the demand of electrical steel
07-02-2020 | Health & Medicine
Fact.MR
Medical Device Contract Manufacturing Market Set for Strong Growth, Production F …
The medical device contract manufacturing market is poised to expand at a CAGR of 11.3% during the forecast period (2020-2026). This is attributed to rapidly evolving healthcare industry and increasing adoption of technologically advanced surgical procedures. A number of original equipment manufacturers (OEMs) and contract manufacturers have been focusing on advanced technologies such as robotics, 3D-printing, and minimally invasive surgeries. Mergers & acquisition activities among leading players have greatly accelerated
06-02-2020 | Health & Medicine
Fact.MR
Fluid Management Market Expected to Grow Amid Covid-19, Finds Fact.MR
Growing prevalence of chronic disease and an expansion in numbers of geriatric population is leading to an upward facing growth curve for global fluid management market over the period of 2020 to 2025, states Fact.MR. It projects a compound annual growth rate or CAGR of about 5.3% for the market over this period, helping the market push its worth up significantly. It is significant to note here that while number of

All 5 Releases


More Releases for Natural

Natural Language Processing Market
Natural language processing (NLP) is the ability of a computer program to understand human speech as it is spoken. NLP is a component of artificial intelligence (AI). Scope of the Report: This report focuses on the Natural Language Processing in North America market, especially in United States, Canada and Mexico. This report categorizes the market based on manufacturers, countries, type and application. Sample Report Request: https://www.reportsandmarkets.com/sample-request/north-america-natural-language-processing-market-to-2022-1585894 Market Segment by Manufacturers, this report covers Apple Incorporation Dolbey
Natural Killer Cells Market
Natural killer cells are a form of granular lymphocytes of varying sizes that play an important role in innate immunity in the human body. They typically constitute of around 10% of total blood lymphocytes as compared to around 70% and 20% of T cells and B cells, respectively. Natural killer cells are cytotoxic in nature and are able to kill their targets cells by two different mechanisms: as antibody dependent
Natural Killer Cells Market
Natural killer cells are a form of granular lymphocytes of varying sizes that play an important role in innate immunity in the human body. They typically constitute of around 10% of total blood lymphocytes as compared to around 70% and 20% of T cells and B cells, respectively. Natural killer cells are cytotoxic in nature and are able to kill their targets cells by two different mechanisms: as antibody dependent
Natural Fiber Composites Market
With the increasing concern due to the recyclability and biodegradability composites such as glass and carbon, natural fiber composites serves as perfect replacement. Attributing to added properties such as high durability, low density, lightweight and cost effectiveness, natural fiber composites have gained significant traction. Natural fiber composites are reinforced matrices structure formed using natural fibers. Natural fiber such as coir, jute, bagasse, cotton, bamboo, hemp are used to manufacture high
Effective and natural detoxification
Effective and natural detoxification Effective purification and detoxification with the power of medicinal mushrooms Who doesn’t know that? In the first months of the year, many of us complain about tiredness and a lack of vitality. This is no surprise because our metabolism slows down during the cold season. It works slowly and sluggish. There is also our unbalanced lifestyle during winter. As a result, our body is overloaded with pollutants and
Galilee Market – An Online Natural Food Store for Natural Products
Galilee Market is the popular and prominent store of natural products. It offers plenty of natural products like natural cosmetics, natural foods, and more others. Galilee Market is the biggest source of natural products where anyone can get different types of natural products. These products are really superb for perfect health, strong body, and healthy skin. Galilee market offers natural products that made of natural ingredients and do not include