Press release
Aeroderivative Gas Turbine Market Growth, Trends, Technological Innovation and Forecast to 2025
Aeroderivative Gas Turbine Market
The size of Aeroderivative Gas Turbine Market was registered at USD 2.4 billion in the year 2018 and is anticipated to cross USD 2.5 billion by 2025. Between the period 2019 - 2025, the Aeroderivative Gas Turbine Market is expected to register a CAGR of 2%. Inhibition of energy resources including coal and hydro power along with regulatory shift for power optimization will influence the global combined cycle (CC) aeroderivative gas turbine market. Furthermore, paradigm shift from coal-based power generation plants owing to persisting demand and supply gap has made the combined cycle (CC) units an attractive fund allocation prospect.
Request for a sample copy of this report @ https://www.gminsights.com/request-sample/detail/1184
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.
Aviation, power generation, marine, industrial, and oil & gas are the prominent application areas of aeroderivative gas turbine industry. Oil & gas is also an attractive application segment, which will witness an annual growth rate of over 10% during the coming years of 2016 to 2024. Aeroderivative gas turbine market size from power generation application is projected to cross 9 GW by 2024, owing to the growing preferences for unconventional energy sources as opposed to conventional sources.
Make an inquiry for purchasing this report @ https://www.gminsights.com/inquiry-before-buying/1184
Based on the capacity, this industry is mainly segmented into two types - >18 MW and 18 MW capacity was more than USD 1 billion in 2015 and will grow substantially over the coming timeframe. Huge investments in electricity generation activities across the globe will augment the industry growth notably.
Market players are investing heavily in various R&D activities to innovate cost effective and sustainable technologies. Major companies operating in aeroderivative gas turbine market are Siemens AG, Rolls-Royce, General Electric, ABB, Mitsubishi Hitachi Power Systems Ltd., Capstone Turbine Corporation, NPO Saturn, Ansaldo Energia, Harbin Electric International Company Limited, Opra Turbines, and Kawasaki Heavy Industries.
Contact Us
Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone: 1-302-846-7766
Toll Free: 1-888-689-0688
Email: mailto:sales@gminsights.com
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 methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Aeroderivative Gas Turbine Market Growth, Trends, Technological Innovation and Forecast to 2025 here
News-ID: 1927739 • Views: …
More Releases from Global Market Insights, Inc.
Hepatitis B Vaccine Market Set to Surpass $12 Billion by 2034
The global hepatitis B vaccine market is poised for significant expansion over the next decade, fueled by rising liver disease cases, expanded immunization coverage, and advancements in vaccine development. Valued at USD 6.7 billion in 2024, the market is projected to reach USD 7.3 billion in 2025 and surge to USD 12 billion by 2034, reflecting a healthy compound annual growth rate (CAGR) of 5.7%.
A major driver behind this growth…
Rare Sugar Market Top 3 Trends, Covid-19 Outbreak, Factors Driving, Threats, Cha …
Rising awareness regarding health & fitness and the subsequent shift in consumer trends towards low-calorie sweeteners will boost rare sugar market share over the forecast spell. Recent years have marked a steady rise in the prevalence of cardiovascular ailments, diabetes, and obesity, among other chronic conditions, which have triggered a massive change in consumer perceptions towards health.
This in turn has led to a surge in demand for various functional foods…
Global Selenium Yeast Market Industry Assessment, Trends, Competitive Landscape, …
The selenium yeast market is anticipated to register substantial gains on account of rising inclination towards organic additives in animal nutrition, with an aim to improve livestock health and production. Consumers are steadily becoming aware of the downsides associated with using synthetic additives. As a result, they are preferring selenium yeast feed grades over other counterparts to provide balanced nutrition to their livestock.
According to Global Market Insights Inc estimates…
Power Distribution Component Market Share, Size, Trends by 2025 | Leading Key pl …
Global Power Distribution Component Market Report offers market overview, segmentation by types, application, countries, key manufactures, cost analysis, industrial chain, sourcing strategy, downstream buyers, marketing strategy analysis, distributors/traders, factors affecting market, forecast and other important information for key insight.
Request a sample of this research report @ https://www.gminsights.com/request-sample/detail/3091
Voltage rating have acted as a standard industry protocol toward the installation of power components reliant on regulatory preference, deployment areas, and the group…
More Releases for Turbine
Key Trend Reshaping the Turbine and Turbine Generator Set Units Market Segments …
How Are the key drivers contributing to the expansion of the turbine and turbine generator set units Market Segments?
The augmentation in power needs is substantially enabling the expansion of the turbine and turbine generator set units Market Segments. The level of power consumption at any specific moment is what defines its demand. The higher the demand, the more electricity is being used at that specific period. Turbines and turbine generator…
Microturbine Market Opportunities and Demand (2020-2026) | Key Players: Capstone …
The global Microturbine Market is expected to grow mainly on account of the rising demand for clean energy. The overall microturbine market is expected to grow from USD 180 Million in 2018 to USD 360 Million by 2026 at a CAGR of 9.23% during the forecast period. According to a report, published by Fortune Business Insights, titled, "MICROTURBINE: GLOBAL MARKET ANALYSIS, INSIGHTS, AND FORECAST, 2018-2026" the shift from the turbocharger…
Global Micro Turbine Market 2019 - Capstone Turbine, Ansaldo Energia, FlexEnergy
This new report by Eon Market Research, titled “Global Micro Turbine Market 2019 Research Report, 2015 – 2025” offers a comprehensive analysis of Micro Turbine industry at a global as well as regional and country level. Key facts analyzed in this report include the Micro Turbine market size by players, regions, product types and end industries, history data 2014-2018 and forecast data 2019-2025. This report primarily focuses on the study…
Wind Turbine Operations and Maintenance Market | wind turbine maintenance, wind …
Market Research Reports Search Engine (MRRSE) has been serving as an active source to cater intelligent research report to enlighten both readers and investors. This research study titled “Wind Turbine Operations and Maintenance Market “
This research study analyzes the market for wind turbine operation and maintenance (O&M) in terms of revenue (US$ Mn). The wind turbine O&M market has been segmented on the basis of application and geography. The regional…
Global Micro Turbine Market 2018| Capstone Turbine, Ansaldo Energia, FlexEnergy, …
Albany, NY, 12th September : Recent research and the current scenario as well as future market potential of "Global Micro Turbine Market Research Report 2018" globally.
This report studies the global Micro Turbine market status and forecast, categorizes the global Micro Turbine market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast…
Global Micro Turbine Market 2017 - Capstone Turbine, Ansaldo Energia, FlexEnergy …
The report studies Micro Turbine in Global market Professional Survey 2017 : Size, Share, Trends, Industry Growth, Opportunity, Application, Production, Segmentation, Cost Structure, Company Profile, Product Picture and Specifications during the Forecast period by 2022
Download Free Sample Report @ https://www.fiormarkets.com/report-detail/30649/request-sample
The study Global Micro Turbine Industry 2017 is a detailed report scrutinizing statistical data related to the Global Micro Turbine industry. Historical data available in the report elaborates on the development…
