Press release
Aeroderivative Gas Turbine Market to Witness High Growth in near future: Leading Key Players likeE Mitsubishi Hitachi Power Systems, Siemens AG, ABB, Solar turbines, Vericor Power Systems, General Electric
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.
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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.
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.
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.
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).
Key industry players include Mitsubishi Hitachi Power Systems, Siemens AG, ABB, Solar turbines, Vericor Power Systems, General Electric, NPO Saturn, Opra turbines and Kawasaki.
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 Product
Chapter 5. Aeroderivative Gas Turbine Market, By Capacity
Chapter 6. Aeroderivative Gas Turbine Market, By Technology
Chapter 7. Aeroderivative Gas Turbine Market, By Application
Chapter 8. Aeroderivative Gas Turbine Market, By Region
Chapter 9. Company Profiles
For More Details on this Report At: https://www.marketstudyreport.com/reports/aeroderivative-gas-turbine-market
Related Report:
Global Gas Turbine Aero-Derivative Services Sales Market Report 2018
This report studies the global Gas Turbine Aero-Derivative Services market status and forecast, categorizes the global Gas Turbine Aero-Derivative Services market size (value & volume) by key players, type, application, and region. This report focuses on the top players in North America, Europe, China, Japan, Southeast Asia India and Other regions (Middle East & Africa, Central & South America).
https://www.marketstudyreport.com/reports/global-gas-turbine-aero-derivative-services-sales-market-report-2018/?utm_source=RR-PSR
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