Industrial Gas Turbine Market Share, Industry Size, Statistics by 2024 Profiling GE, MAN Energy, Zorya-Mashproekt, Capstone Turbine, Ansaldo Energia, UEC Saturn, Siemens, Kawasaki, MHPS, BHEL & More
Growing environment concerns coupled with stringent government measures to curb GHG emissions by various industries have shifted their focus toward energy conservation which will stimulate the global industrial gas turbine market. In the current industrial regime, gas turbines have developed as a vital component for heat & power delivering technologies. In addition, pivotal for this expansion are the amendments which are being taken into consideration across key power markets along with ongoing technological enhancements in the field of aerodynamics, cooling, combustion and materials.
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The open cycle industrial gas turbine market will witness an upsurge owing to lower warm up time, size compactness, operational flexibility, light weight, quick start and less dependence on cooling water. These units find extensive applicability for power generation and mechanical drives across the land-based industries. Furthermore, huge manufacturing industries in line with offshore power generation plants have constantly integrated a sustainable demand for the technology.
Industrial gas turbine market across North America is anticipated to witness upsurge subject to growing focus on CCGT power plant capacity additions. Electricity generation through combined cycle gas turbine technologies is reinforced by the existence of huge & untapped gas reserves, lower construction time and higher efficiency.
Aero-derivative industrial gas turbine market has gained substantial escalation on account of the accessibility & availability of mobile and highly flexible product technologies. These units have varied application portfolio which include utility generation, district heating and marine propulsion. Furthermore, technological advancements have aligned industry focus towards the manufacture of high capacity turbines and cost competitiveness in comparison to traditional units.
Diverse applications across process industry and small-scale power generating plants will complement the 70 MW to 300 MW units. Rapid development of co-generating units to endure energy & heat consumption across commercial, isolated grid networks and small industries will augment the technological adoption. Moreover, ongoing developments subject to the growth of effective re-generative gas turbine units to withstand low heat requirements across these installations will further boost the overall industrial gas turbine market.
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Eminent industrial gas turbine market participants comprise of MAN Energy, Zorya-Mashproekt, Capstone Turbine, Ansaldo Energia, UEC Saturn, Siemens, Kawasaki, MHPS, BHEL, Opra Turbines, Solar Turbines, W?rtsil?, Vericor, Centrax and General Electric.
Table of Content:
Chapter 1. Methodology and Scope
Chapter 2. Executive Summary
Chapter 3. Industrial Gas Turbine Industry Insights
Chapter 4. Industrial Gas Turbine Market, By Product
Chapter 5. Industrial Gas Turbine Market, By Capacity
Chapter 6. Industrial Gas Turbine Market, By Technology
Chapter 7. Industrial Gas Turbine Market, By Application
Chapter 8. Industrial Gas Turbine Market, By Region
Chapter 9. Company Profiles
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2018-2023 Global Aeroderivative Gas Turbine Consumption Market Report
This report presents a comprehensive overview, market shares, and growth opportunities of Aeroderivative Gas Turbine market by product type, application, key manufacturers and key regions. The aeroderivative gas turbines are derived from jet engines. Take a jet engine, remove the fan, fan case and the thrust nozzle, mount it on ground, install the load (compressor or generator) on a seperate shaft and aerodynamically couple the power turbine to the jet engine you get an aeroderivative gas turbine. Aeroderivative gas turbines find wide application in various end-user segments, such as mobility power generation (primarily composed of marine and aeronautical applications); and oil and gas, food processing, paper and pulp, and chemical industries
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