openPR Logo
Press release

Gas Turbine Market Share 2019 to 2024: Top Key Players are GE, Siemens, Wartsila, Mitsubishi Heavy Industries, Solar Turbines, BHEL, Solar Turbines

03-06-2020 05:50 AM CET | Industry, Real Estate & Construction

Press release from: marketstudyreport.com

/ PR Agency: marketstudyreport.com
Gas Turbine Market Share 2019 to 2024: Top Key Players are GE,

Market Study Report LLC adds new research on Gas Turbine market, which is a detailed analysis of this business space inclusive of the trends, competitive landscape, and the market size. Encompassing one or more parameters among product analysis, application potential, and the regional growth landscape, Gas Turbine market also includes an in-depth study of the industry's competitive scenario.

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.

Request a sample of this premium report at: https://www.marketstudyreport.com/request-a-sample/467575/?utm_source=OPR.com-SP

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.

For instance, in 2015 Siemens came to Egypt's rescue during a serious electricity crisis, the country was in dire need of electricity but didn't possess the capacity to generate. The government approached Siemens, that came up with a Megaproject comprising 4 of its single-cycle SGT-2000E gas turbines. The agreement stemmed from a previous agreement for three power plants equipped with a total output of 14.4 GW that generated enough electricity to power 40 million Egyptian houses. For the three powerplants, Siemens has supplied 24 H-class gas turbines along with heat recovery systems, power generators, and main transformers.

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.

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.

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.

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.

The global gas turbine market is projected to witness significant growth in the ensuing years as a result of rising energy demand driven by manufacturing plants and industrial establishments which in turn has led to the expansion of sustainable power generation units. The nonstop demand for energy, specifically in developing nations will contribute to driving the demand for gas turbines in the coming years.

Table of Contents:
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

3.5.6. 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

Chapter 5. Gas Turbine Market, By Product

Chapter 6. Gas Turbine Market, By Technology

Chapter 7. Gas Turbine Market, By Application

Chapter 8. Gas Turbine Market, By Region

Chapter 9. Gas Turbine Market Company Profiles

Request a discount on standard prices of this premium report at: https://www.marketstudyreport.com/check-for-discount/467575/?utm_source=OPR.com-SP

Contact Us:
Market Study Report LLC
4 North Main Street,
Selbyville, Delaware 19975
USA
Phone: 1-302-273-0910
US Toll Free: 1-866-764-2150
Email: sales@marketstudyreport.com
Website: https://www.marketstudyreport.com
Blog: https://www.marketstudyreport.com/blog/

About Us:
Market study report LLC allows you to manage and control all corporate research purchases to consolidate billing and vendor management. You can eliminate duplicate purchases and customize your content and license management.

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 Gas Turbine Market Share 2019 to 2024: Top Key Players are GE, Siemens, Wartsila, Mitsubishi Heavy Industries, Solar Turbines, BHEL, Solar Turbines here

News-ID: 1956954 • Views:

More Releases from marketstudyreport.com

Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Power Technologies (Schneider Electric), Simplex, Shenzhen Sikes, Pite Tech
Load Bank Market Growth Prospectus by 2028 - Business Opportunities by ASCO Powe …
A concise assortment of data on the 'Load Bank Market' offers an exhaustive study targeting current market trends influencing the business across assorted regions. Significant details related to market size, market share, applications, and statistics are put together to convey an ensemble prediction of the industry. The research further focuses on comprehensive competitor analysis in addition to highlighting growth strategies embraced by market leaders. Load Bank Market Size was estimated
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - John Deere, CNH Industrial, Kubota, AGCO, Claas, Yanmar, Mahindra, LOVOL
Agriculture Equipment Market is Expected to Reach USD 161640 Million by 2028 - J …
Global Agriculture Equipment Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of the market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Agriculture Equipment Market Size was estimated at USD 114110 million in 2021 and is projected to reach USD 161640 million by 2028, exhibiting a CAGR of
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc., Volkswagen AG, SAIC Motors, BYD Auto Co. Ltd., BMW Group, Nissan Motor Co. Ltd., Hyundai Group
Electric Vehicle Market Size to grow at a CAGR of 23.5% through 2028| Tesla Inc. …
Global Electric Vehicle Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. The electric vehicles (EVs) market is estimated to witness a robust growth rate of 23.5% during the period 2019-2028. The operation is done to stop ligament tears and
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - Garrett Motion, Hanon Systems, UQM Technologies, FISCHER Fuel Cell Compressor
Fuel Cell Air Compressor Market is Expected to Reach USD 512.3 Million by 2028 - …
Global Fuel Cell Air Compressor Market with respect to the pivotal drivers influencing the revenue graph of this business sphere. The current trends of market with the geographical landscape, demand, remuneration scale, and growth of this vertical have also been included in this report. Global Fuel Cell Air Compressor Market Size was estimated at USD 215.1 million in 2021 and is projected to reach USD 512.3 million by 2028, exhibiting

All 5 Releases


More Releases for Gas

Know about City Gas Distribution Market Growth with Top Companies details like: …
The City Gas Distribution Market 2020-2024 Report involve of strong research on global City Gas Distribution industry which enables the customer to look at the possible requirement as well as prediction. The constraints and drivers are assembled after a significant study of the global City Gas Distribution market's proficiency. The development ratio which is expected in perspective of the rational analysis provides thorough information of the worldwide City Gas Distribution
City Gas Distribution Market 2019: Top Companies- Gujarat Gas, Indraprastha Gas, …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. Get Sample Copy of This Report at https://www.orianresearch.com/request-sample/1011059 City Gas Distribution Industry 2019 Global Market research report provides a detailed analysis of market growth factors, industry share, regional trends, size and Forecast till 2025. This report
City Gas Distribution Market Exploring Future Growth 2019-2023 and Key Players - …
Global City Gas Distribution Market Research Report consists of all the significant data related to the global market. The report presents a comprehensive analysis of the various industry growth factors, including the market trends, dynamics, estimates, production and consumption ratio, industry development factors, size, share, supply and demand, forecast trends, sales, as well as several other factors. The report has been generated leveraging a blend of the primary and secondary
2019-2026 City Gas Distribution Market Report By Top Most Key Players like Gujar …
Up Market Research published an exclusive report on City Gas Distribution Market. As per the report, City Gas Distribution Market research report is expected to grow at tremendous rate during 2019-2026. Get sample of this report @ https://www.upmarketresearch.com/home/requested_sample/89587 The report provides current market scenario, trending innovations, market segmentation, factors driving and restraining the market growth, future opportunities, revenue growth, and profitability of the industry. The City Gas Distribution Market research
Global City Gas Distribution Market 2018: Key Players – Gujarat Gas, Indrapras …
Summary WiseGuyReports.com adds “City Gas Distribution Market 2018 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2023” reports to its database. This report provides in depth study of “City Gas Distribution Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The City Gas Distribution Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an
City Gas Distribution Market Latest Technology Trends 2018 | Growth by Top Compa …
A network that deliver the gas in the city. Growth in the market is anticipated on account of increasing natural gas demand from domestic, commercial, industrial as well as automotive end user segments. The report Global City Gas Distribution Market 2018 focuses on fundamental know-how of City Gas Distribution segment. The report provides comprehensive study and vivid description of drivers, limitations, openings, request factors, market size, conjectures, and patterns in the Worldwide