Press release
What's driving the Aeroderivative Gas Turbine market Share ? GE, Siemens, Mitsubishi Hitachi, MAN Diesel, Kawasaki, Harbin, BHEL, Solar Turbines, Opra Turbines, Zorya-Mashproekt W?rtsil?, Vericor, Capstone, NPO Saturn and Cryostar
China aeroderivative gas turbine market will exceed USD 190 million owing to large scale growth of gas fired power generation technologies by 2025. Siemens in 2017, entered an agreement with CAPCO to source gas turbines for their 550 MW combined cycle generating plant. Furthermore, the agreement has also been related with company’s vision for regional expansion and incorporation of a versatile distribution channel.
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Aeroderivative Gas Turbine Market in 2018, surpassed an annual installation of 5?000 MW and is predicted to exceed USD 2?500 million by 2025. Rising investments for the replacement of existing conventional power generation stations with advance gas-fired power plants to reduce carbon emission will foster the industry dynamics. Furthermore, the integration of shale gas fueled products & technologies has led to large scale E&P across remote onshore and offshore facilities which in turn will complement the business outlook.
Growing demand for energy along with favorable regulatory and consumer outlook towards renewable adoption will foster the power generation plant based aeroderivative gas turbine market. Moreover, fund allocation for the integration & expansion of CHP plants along with developing technologies for distributed power generation will further augment the business landscape.
Rapid integration of distributed power generation technologies across stationary power establishments will augment the demand for > 500kW units. Light weight, lower emissions, compact size, lower electricity costs, fewer number of moving parts and surplus fuel utilization are major factors positively influencing the overall aeroderivative gas turbine market share. Moreover, ongoing technological development to ensure enhanced efficiency and operational versatility across un-recuperated and recuperated technologies will further stimulate the product demand.
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Lesser warm up time when compared to traditional systems, light weight, compact size, quick start and minimal dependency on cooling water are few essential factors nurturing the open cycle aeroderivative gas turbine market. These products in reference to land-based industries encompass wide spread installation across mechanical & direct drive applications. Moreover, installation across aircrafts, where reducing the unit weight finds prime focus along with applications extended to offshore platforms constitute huge potential for technological expansion. Prominent aeroderivative gas turbine market players comprise of GE, Siemens, Mitsubishi Hitachi, MAN Diesel, Kawasaki, Harbin, BHEL, Solar Turbines, Opra Turbines, Zorya-Mashproekt W?rtsil?, Vericor, Capstone, NPO Saturn and Cryostar.
Table of Content:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimation and forecast parameters
1.4 Data Sources
1.4.1 Primary sources:
1.4.2 Secondary sources
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Global aeroderivative gas turbine market 360 degree synopsis, 2014 - 2025
2.1.1 Business trends
2.1.2 Capacity trends
2.1.3 Technology trends
2.1.4 Application trends
2.1.5 Regional trends
Chapter 3 Aeroderivative Gas Turbine Industry Insights
3.1 Industry segmentation
3.2 Industry landscape, 2014 - 2025 (USD Million)
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.4 Innovation & sustainability
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.
3.5.1.1 Clean Air Act
3.5.1.1.1 Clean Air Act Title I - Air Pollution Prevention and Control
3.5.1.2 National Ambient Air Quality Standards (NAAQS)
3.5.1.2.1 NAAQS
3.5.1.3 Stationary Gas and Combustion Turbines: New Source Performance Standards (NSPS)
3.5.1.3.1 Subpart GG
3.5.1.3.2 Subpart KKKK
3.5.1.4 IMO NOX Regulations-Tier III
3.5.2 Europe
3.5.2.1 The Medium Combustion Plant (MCP) Directive
3.5.2.1.1 ELVs (mg/Nm³) -for existing engines/turbines
3.5.2.1.2 ELVs (mg/Nm³) -for new engines/turbines
3.5.2.2 Ambient Air Quality Legislations
3.5.3 China
3.5.3.1 The 13th Five-Year Plan (2016-2020)
3.5.3.1.1 Resource and Environment (R&E) Targets
3.5.3.1.2 Reduction of Emission of Major Pollutants
3.5.3.1.3 Air Quality
3.5.3.2 Shale Gas Development Policies
3.5.4 India
3.5.5 UAE
3.5.6 International Gas Turbine Standards
3.6 Application landscape
3.7 Natural gas fuel composition impact on GT operations
3.7.1 Effects of fuel composition on operability
3.8 Gas turbine import/export landscape, 2017
Chapter 4 Aeroderivative Gas Turbine Market, By Capacity
4.1 Global aeroderivative gas turbine market share by capacity, 2018 & 2025
4.2 < 50 KW
4.2.1 Global market from < 50 KW, 2014 - 2025
4.2.2 Global market from < 50 KW, by region, 2014 - 2025
4.3 50 to 500 KW
4.3.1 Global market from 50 to 500 KW, 2014 - 2025
4.3.2 Global market from 50 to 500 KW, by region, 2014 - 2025
4.4 500 KW to 1 MW
4.4.1 Global market from 500 KW to 1 MW, 2014 - 2025
4.4.2 Global market from 500 KW to 1 MW, by region, 2014 - 2025
4.5 1 to 30 MW
4.5.1 Global market from 1 to 30 MW, 2014 - 2025
4.5.2 Global market from 1 to 30 MW, by region, 2014 - 2025
4.6 30 to 70 MW
4.6.1 Global market from 30 to 70 MW, 2014 - 2025
4.6.2 Global market from 30 to 70 MW, by region, 2014 - 2025
4.7 > 70 MW
4.7.1 Global market from > 70 MW, 2014 - 2025
4.7.2 Global market from > 70 MW, by region, 2014 - 2025
Chapter 5 Aeroderivative Gas Turbine Market, By Technology
5.1 Global aeroderivative gas turbine market share by technology, 2018 & 2025
5.2 Open cycle
5.2.1 Global market from open cycle, 2014 - 2025
5.2.2 Global market from open cycle, by region, 2014 - 2025
5.3 Combined cycle
5.3.1 Global market from combined cycle, 2014 - 2025
5.3.2 Global market from combined cycle, by region, 2014 - 2025
Chapter 6 Aeroderivative Gas Turbine Market, By Application
6.1 Global aeroderivative gas turbine market share by application, 2018 & 2025
6.2 Power plants
6.2.1 Global market from power plants, 2014 - 2025
6.2.2 Global market from power plants, by region, 2014 - 2025
6.3 Oil & gas
6.3.1 Global market from oil & gas, 2014 - 2025
6.3.2 Global market from oil & gas, by region, 2014 - 2025
6.4 Process plants
6.4.1 Global market from process plants, 2014 - 2025
6.4.2 Global market from process plants, by region, 2014 - 2025
6.5 Aviation
6.5.1 Global market from aviation, 2014 - 2025
6.5.2 Global market from aviation, by region, 2014 - 2025
6.6 Marine
6.6.1 Global market from marine, 2014 - 2025
6.6.2 Global market from marine, by region, 2014 - 2025
6.7 Others
6.7.1 Global market from others, 2014 - 2025
6.7.2 Global market from others, by region, 2014 - 2025
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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