Aeroderivative Gas Turbine Market to cross 8.7% CAGR over 2026 | General Electric, Siemens, Mitsubishi Hitachi Power Systems, Kawasaki Heavy Industries Ltd

Global Aeroderivative Gas Turbine Market Size, in 2019, was valued over USD 2 billion and is projected to grow at a CAGR of 8% through 2026.
This report provides a strategic analysis of the Aeroderivative Gas Turbine Market and the growth estimates for the forecasted period. This report also provides market sizing and forecasts for the Global Aeroderivative Gas Turbine Industry.

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Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT analysis:
o General Electric
o Siemens AG
o Mitsubishi Hitachi Power Systems
o Kawasaki Heavy Industries Ltd.
o Opra Turbines B.V.
o Solar Turbines Incorporated
o Harbin Turbine Company Limited

Large-scale adoption of cogeneration systems to satisfy the growing demand for electricity globally will propel Aeroderivative Gas Turbine Market. With rapid industrialization and urbanization across the globe, the requirement for power has observed a massive upswing, which will drive product demand. On-going exploration and production activities in oil & gas coupled with strict environmental regulations regarding GHG emissions will also be a major factor driving aeroderivative gas turbine industry.

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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.

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.

Partial Table of Contents (ToC) of the report:
Chapter 1 Methodology & Scope
1.1 Methodology
1.2 Market definitions
1.3 Market estimation and forecast parameters
1.4 Data Sources
1.4.1 Primary sources:
1.4.2 Secondary sources
1.4.2.1 Paid Sources
1.4.2.2 Public Sources
Chapter 2 Executive Summary
2.1 Global aeroderivative gas turbine market 3600 synopsis, 2015 - 2026
2.1.1 Business trends
2.1.2 Capacity trends
2.1.3 Technology trends
2.1.4 Application trends
2.1.5 Regional trends

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