Gas Turbine Market Technology Growth, Application over Globe and Key Players Like General Electric, Wartsila, Mitsubishi Hitachi, BHEL, Kawasaki, Ansaldo Energia, Siemens AG, Solar Turbines, Opra Turbines, Capstone Turbine, Vericor, Man Diesel & Turbo, Ha

The qualitative research study conducted by Market Study Report titled “Global Gas Turbine Market Report” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the Global Gas Turbine market.

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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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.

China gas turbine market is anticipated to grow owing to the positive clean energy outlook coupled with ongoing expansion of large capacity gas fired power plants across the nation. Leading manufacturers have aligned their focus toward business expansion across the China industry. In 2018, Siemens fetched orders to supply two H-class gas turbines and associated components for the CCHP project of CHD Guangzhou Zengcheng.

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.

Lesser number of moving parts, compact size, light weight, improved efficiency, lower emissions, potential to utilize waste fuels, and lower electricity costs are few indispensable parameters which will drive the >500 kW to 1 MW gas turbine market. In addition, ongoing technological advancements with respect to the flexibility and efficiency improvements across both recuperated and un-recuperated systems will further stimulate the business growth.
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.

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Table of Content

Chapter 1. Methodology and Scope

1.1. Methodology

1.2. Market definitions

1.3. Market estimations and forecast parameters

1.4. Data sources

1.4.1. Primary

1.4.2. Secondary

1.4.2.1. Paid sources

1.4.2.2. Public sources

Chapter 2. Executive Summary

2.1. Gas turbine industry 360 degree synopsis, 2013 - 2024

2.1.1. Business trends

2.1.2. Regional trends

2.1.3. Capacity trends

2.1.4. Product trends.

2.1.5. Technology trends.

2.1.6. Application trends

Chapter 3. Gas Turbine Industry Insights

3.1. Industry segmentation

3.2. Industry landscape, 2013 - 2024 (USD Million)

3.3. Industry ecosystem analysis

3.3.1. Vendor matrix

3.4. Innovation and technology landscape

3.4.1. General Electric

3.4.2. Siemens

3.4.3. Mitsubishi Hitachi Power Systems

3.4.4. MAN Diesel & Turbo

3.5. Regulatory landscape

3.5.1. U.S.

3.5.2. Europe

3.5.3. China

3.5.4. India

3.5.5. UAE

3.5.6. International gas turbine standards

3.6. Application landscape

3.6.1. Simple cycle

3.6.2. Combined cycle

3.7. Natural gas fuel composition impact on GT operations

3.8. Gas Turbine Import/Export landscape, 2016

3.9. Average global market size perspectives 2016, by company

3.9.1. GE

3.9.2. Siemens

3.9.3. Wartsila

3.10. Global gas outlook 2040

3.10.1. Production, by region

3.10.1.1. Africa

3.10.1.2. CIS

3.10.1.3. Latin America

3.10.1.4. Middle East

3.10.1.5. Non-OECD Asia

3.10.1.6. Non-OECD Europe

3.10.1.7. North America

3.10.1.8. OECD Asia Pacific

3.10.1.9. OECD Europe

3.10.1.10. Southeast Asia

3.10.2. Production, by resource type

3.10.2.1. Conventional existing

3.10.2.2. Conventional new projects

3.10.2.3. Unconventional-YTF

3.10.2.4. Conventional-YTF

3.10.3. Trade share (Import/Export), by region

3.10.3.1. Africa

3.10.3.2. CIS

3.10.3.3. Latin America

3.10.3.4. Middle East

3.10.3.5. Non-OECD Asia

3.10.3.6. North America

3.10.3.7. OECD Asia Pacific

3.10.3.8. OECD Europe

3.10.3.9. Southeast Asia

3.10.4. Pipeline gas trade share (Import/Export), by region

3.10.4.1. Africa

3.10.4.2. CIS

3.10.4.3. Latin America

3.10.4.4. Middle East

3.10.4.5. North America

3.10.4.6. OECD Europe

3.10.4.7. Southeast Asia

3.10.5. LNG trade share (Import/Export), by region

3.10.5.1. Africa

3.10.5.2. CIS

3.10.5.3. Latin America

3.10.5.4. Middle East

3.10.5.5. North America

3.10.5.6. OECD Europe

3.10.5.7. Southeast Asia

3.11. Effect of operating parameters on the performance of combined cycle plants

3.12. Combined cycle plant analysis

3.12.1. Property values

3.12.2. Entropy production rates

3.12.3. Thermal and mechanical energy flows

3.13. Combined cycle plant monetary landscape

3.13.1. Initial investments

3.13.2. annualized costs and corresponding

3.13.3. monetary flow rates

3.14. World energy investment scenario, 2017

3.15. Primary energy demand outlook 2040, by region

3.15.1. OECD

3.15.2. China

3.15.3. India

3.15.4. Other Asian countries

3.15.5. Africa

3.15.6. Rest of the world

3.16. Primary energy demand outlook 2040, by fuel

3.16.1. Oil

3.16.2. Gas

3.16.3. Coal

3.16.4. Nuclear

3.16.5. Hydro

3.16.6. Renewables

3.17. Operations & maintenance landscape

3.18. Cost structure analysis

3.18.1. Coal fired plants

3.18.2. Biomass plants

3.18.3. Combined cycle plants

3.18.4. Geothermal plants

3.19. Comparative analysis

3.19.1. Steam cycle

3.19.2. Combined cycle

3.19.3. Co-generation

3.20. Industry impact forces

3.20.1. Growth drivers

3.20.1.1. North America & Europe

3.20.1.1.1. Inclination towards energy optimization

3.20.1.1.2. Shale gas revolution

3.20.1.1.3. Positive clean energy outlook

3.20.1.2. Asia Pacific

3.20.1.2.1. Renewable energy integration

3.20.1.2.2. Focus towards decentralized generation technologies

3.20.1.3. Middle East, Africa and CIS

3.20.1.3.1. Restructuring of electrical infrastructure

3.20.1.3.2. Large scale renewable integration prospects

3.20.1.4. Latin America

3.20.1.4.1. Positive outlook towards gas-based electricity generation

3.20.2. Industry pitfalls & challenges

3.20.2.1. Advancing auxiliary clean turbine technologies

3.20.2.2. Cost competitiveness

3.21. Porter's analysis

3.22. Growth potential analysis

3.23. Price trend analysis, by technology

3.23.1. Open cycle

3.23.2. Combined cycle

3.24. Key customer requirements

3.25. Key barrier

3.26. Competitive landscape, 2017

3.26.1. Strategy dashboard

3.26.2. Global company market share

3.27. PESTEL analysis

Chapter 4. Gas Turbine Market, By Capacity

4.1. Gas turbine market share by capacity, 2017 & 2024

4.2. < 50 KW

4.2.1. Market estimates and forecast, 2013 - 2024

4.3. 50 KW to 500 KW

4.3.1. Market estimates and forecast, 2013 - 2024

4.4. > 500 KW to 1 MW

4.4.1. Market estimates and forecast, 2013 - 2024

4.5. > 1 MW to 30 MW

4.5.1. Market estimates and forecast, 2013 - 2024

4.6. > 30 MW to 70 MW

4.6.1. Market estimates and forecast, 2013 - 2024

4.7. > 70 MW to 200 MW

4.7.1. Market estimates and forecast, 2013 - 2024

4.8. > 200 MW

4.8.1. Market estimates and forecast, 2013 - 2024

Chapter 5. Gas Turbine Market, By Product

5.1. Gas turbine market share by product, 2017 & 2024

5.2. Aero-derivative

5.2.1. Market estimates and forecast, 2013 - 2024

5.3. Heavy duty

5.3.1. Market estimates and forecast, 2013 - 2024

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