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Industrial Gas Turbine (GT) Market an annual installation of 20 ’000 MW by 2024 Prominent market participants Siemens, Kawasaki, BHEL, Opra Turbines, Vericor, Solar Turbines, Centrax and General Electric

04-05-2019 10:05 AM CET | Energy & Environment

Press release from: Global Market Insights, Inc

Industrial Gas Turbine (GT) Market an annual installation of 20

Industrial Gas Turbine Market size will surpass 20 GW by 2024, as reported in the latest study by Global Market Insights, Inc.

The industrial gas turbine market within the prevalent trade regime has positively been impacted with consumer & regulatory inclination towards energy optimization. Government mandates to curb emissions along with growing environmental concerns have plunged the integration of competitive energy conservation measures. Moreover, pivotal for the transformation has been the re-structuring across prime power markets leading to rapid technological enhancements. Thereby, the industry has witnessed a salient growth in the field of aerodynamics, materials, combustion, and cooling.

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What Information does this report contain?

Historical data coverage: 2013 to 2017
Growth Projections: 2018 to 2024. Expert analysis: industry, governing, innovation and technological trends; factors impacting development; drawbacks, SWOT.
6-7-year performance forecasts: major segments covering applications, top products and geographies.
Competitive landscape reporting: market leaders and important players, competencies and capacities of these companies in terms of production as well as sustainability and prospects.

The U.S. market is projected surpass an annual installation of 3 GW by 2024. Expansion of research and development (R&D) investment reforms along with shifting focus towards deployment of combined cycle generation systems will boost the product demand. As per the ICF International, turbines fabricated by the U.S. based manufacturers in 2016, contributed to over 70% of the operational natural gas-fired combined cycle projects across the nation.

> 200 MW industrial gas turbine market is set to grow subject to large scale integration across power generation units, manufacturing plants, and associated process industries. The products are adept with potent fuel efficiency, environment proximity, & longer life cycle favored by competitive overall costs. Furthermore, ameliorate operational performance along with large capacity configuration and product flexibility, conceal long term cost associated issues which in turn will overall industry dynamics.

Report Content
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimates and forecast parameters
1.4 Data Sources

Chapter 2 Executive Summary
2.1 Industrial gas turbine market 3600 synopsis, 2013 – 2024
2.1.1 Business trends
2.1.2 Product trends
2.1.3 Capacity trends

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Chapter 3 Industrial 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

Research Methodology

The research process begins with extensive data mining, using authentic sources such as trade magazines, technical publications, independent studies along with paid avenues such as ICIS, Hoovers, etc. Primary objectives of data mining include:
• Definition and scope of research
• Market dynamics, growth drivers and industry pitfalls
• Regulatory and political guidelines for the industry
• Demographics and statistical data

All the above factors are identified and analyzed in detail, with their present and expected market impact, which is quantified and used to derive market growth expectation. Market forecast is built using statistical analysis with models built around time-variance, regression and correlation analytics.

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Significant emphasis is put on primary research, which serves the dual role or not only validating our findings but also obtaining penetrating market insights, which help us gain more clarity regarding business environment and competitive leverage. Notable participants in our primary research process include:

• Leadership figures such as CEOs, CSOs, VPs etc. in key companies
• Supply-chain participants, distributors and domain experts
• Key customers and B2B clients

About Global Market Insights
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research

Contact Us:
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: https://www.gminsights.com
Blog: https://gminsights.wordpress.com
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