Press release
Aeroderivative Gas Turbine Market Growth Trends 2024 | Top Industry Players - Siemens AG, Mitsubishi Hitachi Power Systems Ltd, Rolls-Royce, ABB, Ansaldo Energia, Capstone Turbine, Harbin Electric International Company Limited, NPO Saturn & More
Aeroderivative Gas Turbine
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.
Coming back to the premium report on Aeroderivative Gas Turbine market for 2016-2024, companies profiled in this research include 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.
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Historical data from 2013 is provided for Aeroderivative Gas Turbine market along with estimates and forecasts to 2024 based on segmentation of Aeroderivative Gas Turbine industry by Capacity, by Technology, by Technology, companies and regions. Previous years’ data offers fact based information on trends and growth graph while the forecasts aim to show an outlook of Aeroderivative Gas Turbine market for the next few years keeping in mind the advancements happening in the sector.
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.
Aeroderivative Gas Turbine Market size will exceed 21 GW by 2024. Rising cogeneration technology adoption to meet the growing electricity demand will drive the global aeroderivative gas turbine market size by 2024. Countries including the U.S., UK, France, and Germany are investing aggressively for replacement of their existing coal fired power stations with the sustainable energy, positively impacting the industry growth. U.S. federal government is planning to increase the share of cogeneration by 30% over the next ten years in line to achieve its clean energy target.
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.
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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).
Table of Content:
Chapter 1 Methodology & 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: https://www.marketstudyreport.com/reports/aeroderivative-gas-turbine-market/
Related Report:
Industrial Gas Turbine Market Competitive Market Share & Forecast, 2016 - 2024
U.S. industrial gas turbine market is anticipated to exceed 14 GW by 2024. Federal government initiatives to expand the penetration of natural gas fired station will augment the industry outlook. In 2015, EIA had projected that the by 2025 more 30% of total U.S. electricity production will come from natural gas.
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