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Gas Turbine Market – Trends, Share and Forecast (2019-2024) |GE, Siemens, Ansaldo, Wartsila, Solar Turbines..
Gas Turbine Market
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Global gas turbine market within the prevalent industrial regime has positively been influenced with regulatory and consumer inclination towards energy optimization. Growing environmental concerns coupled with stringent government mandates to curtail emissions have aligned focus towards the integration of effective energy conservation measures. Pivotal for this evolution has been the re-structuring across key power markets along with rapid technological enhancements including the field of aerodynamics, combustion, materials and cooling which in turn nourish the industry landscape.
The U.S. gas turbine market is anticipated exceed an annual installation of 5 GW by 2024. Expansion of research and development investment reforms and shifting focus towards effective combined cycle generation plants will drive the product demand. As per ICF International in 2016, turbines fabricated by U.S. based manufacturers contributed to 80% of the operating natural gas-fired combined cycle plants across the nation.
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Prominent participants in the gas turbine market include Siemens AG, General Electric, Wartsila, BHEL, Mitsubishi Hitachi, Kawasaki, Solar Turbines, Ansaldo Energia, Opra Turbines, Vericor, Capstone Turbine, Man Diesel & Turbo, Cryostar, Harbin Electric, Zorya-Mashproekt, and NPO Saturn.
Gas Turbine Market Market Segmentation 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
Chapter 6. Gas Turbine Market, By Technology
6.1. Gas turbine market share by technology, 2017 & 2024
6.2. Simple cycle
6.2.1. Market estimates and forecast, 2013 – 2024
6.3. Combined cycle
6.3.1. Market estimates and forecast, 2013 – 2024
Chapter 7. Gas Turbine Market, By Application
7.1. Gas turbine market share by application, 2017 & 2024
7.2. Power plants
7.2.1. Market estimates and forecast, 2013 – 2024
7.3. Oil & gas
7.3.1. Market estimates and forecast, 2013 – 2024
7.4. Process plants
7.4.1. Market estimates and forecast, 2013 – 2024
7.5. Aviation
7.5.1. Market estimates and forecast, 2013 – 2024
7.6. Marine
7.6.1. Market estimates and forecast, 2013 – 2024
7.7. Others
7.7.1. Market estimates and forecast, 2013 – 2024
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