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What's driving the Gas Turbine Market trends? Key Players are General Electric, Siemens AG, Opra Turbines, Cryostar, UEC Saturn

04-19-2020 07:34 AM CET | Energy & Environment

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What's driving the Gas Turbine Market trends? Key Players

The newly Added research report at Market Study Report titled "2020-2026 Global Gas Turbine Report" provides data, information, brief analysis, company profiles, statistics for past years and forecasts for next few years.

Manufacturers are focused on developing efficient regenerative turbines to support low heat requirements across residential and commercial establishments. Ongoing technological developments are anticipated to propel the demand for >500kW to 1MW capacity gas turbines. Meanwhile, The >1MW to 30 MW capacity gas turbines are increasingly gaining prominence owing to extensive application in power generation stations and mechanical drives.

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Global gas turbine market size is slated to gain substantial traction in the upcoming years. These equipment have a positive application outlook in numerous end-use sectors such as oil & gas, aviation, marine, process plants, and power plants.
In terms of the capacity, 30MW to 70MW capacity gas turbines segment will experience a robust growth over the next few years. This can be mainly attributed to their widespread use in the oil & gas sector along with a range of other industrial operations.
The >200MW capacity gas turbines segment will witness a substantial demand during the forecast period. This can be associated with significant technological developments across both recuperated and un-recuperated systems in terms of flexibility and efficiency. The aforementioned trends and factors will foster the overall gas turbine market expansion.
Considering the application spectrum, gas turbines are expected to witness a strong demand across the marine sector. The introduction of several government regulations pertaining to carbon emissions will drive majority of the de
mand, which is further anticipated to be fueled by gas prices. In addition, innovations in gas turbine technology will boost its adoption over the analysis timeframe.

From a geographical point of view, Asia Pacific is projected to capture a substantial revenue share of global gas turbine industry. This can be linked with the presence of large number of gas-fired plants in the region. Gas-fired plants offer a greater degree of flexibility compared to coal-based plants, which will drive the product adoption.

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Ongoing modernization of infrastructure fueled by investments in gas-fired distributed energy systems in Middle East and Africa is accelerating gas power generation in the region. Regional gas turbine suppliers are anticipated to get lucrative opportunities over the forthcoming years.
Further elaborating on the regional landscape, Latin America will account for a significant share in global gas turbine market. The introduction of numerous regulations and a shift in economic and energy policy in Brazil and Argentina have drawn the attention of foreign investors, which will complement the regional outlook. Meanwhile, CIS gas turbine industry is poised to cross an annual installation of 1GW by 2026.

Table of Content:
Chapter 1 Methodology & Scope

1.1 Methodology

1.2 Market definitions

1.3 Market estimates and forecast parameters

1.4 Data Sources

1.4.1 Primary sources:

1.4.2 Secondary sources Paid Sources Public Sources

Chapter 2 Executive Summary

2.1 Gas turbine market 360 degree synopsis, 2015 - 2026

2.1.1 Business trends

2.1.2 Product trends

2.1.3 Capacity trends

2.1.4 Technology trends

2.1.5 Application trends

2.1.6 Regional trends

Chapter 3 Gas Turbine Industry Insights

3.1 Industry segmentation

3.2 Industry landscape, 2015 - 2026 (USD Million)

3.3 Industry ecosystem analysis

3.3.1 Vendor matrix

3.4 Innovation & sustainability

3.4.1 General Electric

3.4.2 Siemens

3.4.3 Mitsubishi Hitachi Power Systems

3.4.4 MAN Diesel & Turbo

3.4.5 Capstone Turbine Corporation

3.5 Regulatory landscape

3.5.1 U.S. Clean Air Act Clean Air Act Title I - Air Pollution Prevention and Control National Ambient Air Quality Standards (NAAQS) NAAQS Stationary Gas and Combustion Turbines: New Source Performance Standards (NSPS) Subpart GG Subpart KKKK IMO NOX Regulations-Tier III

3.5.2 Europe The Medium Combustion Plant (MCP) Directive ELVs (mg/Nm) -for existing engines/turbines ELVs (mg/Nm) -for new engines/turbines Ambient Air Quality Legislations

3.5.3 China The 13th Five-Year Plan (2016-2020) Resource and Environment (R&E) Targets Reduction of Emission of Major Pollutants Air Quality Shale Gas Development Policies

3.5.4 India

3.5.5 UAE

3.5.6 International Gas Turbine Standards

3.6 Application landscape

3.7 Natural gas fuel composition impact on GT operations

3.7.1 Effects of fuel composition on operability

3.8 Gas turbine import/export landscape, 2018

3.8.1 Export

3.8.2 Import

3.9 Global gas outlook, 2040

3.9.1 Production, by region (bcm)

3.9.2 Production, by resource type (bcm)

3.9.3 Trade share by region, export

3.9.4 Trade share by region 2040, import

3.9.5 Pipeline gas trade share, export

3.10 Effect of operating parameters on the performance of combined cycle plants

3.10.1 Different Operating Parameters

3.10.2 Effects of major operating parameters can be summarized as follows:

3.11 Combined cycle plant analysis

3.11.1 Property values, entropy production rates, and thermal and mechanical exergy flows at various state points in the CCPP at 100% load condition.

3.12 Combined cycle plant monetary landscape

3.13 World energy investment scenario

3.13.1 Energy investment in a broader context

3.13.2 Energy end-use and efficiency

3.13.3 Electricity and renewables

3.13.4 Fossil fuel supply

3.14 Primary energy demand outlook by region, 2040 (Mtoe)

3.15 Primary energy demand outlook by fuel, 2040 (Mtoe)

3.16 Operations and maintenance

3.16.1 Maintenance Inspections

3.16.2 Standby Inspections

3.16.3 Running Inspections Load vs. Exhaust Temperature Vibration Level Fuel Flow and Pressure Exhaust Temperature and Spread Variation Startup Time Coast-Down Time

3.16.4 Rapid Cool-Down

3.16.5 Combustion Inspection

3.16.6 Hot Gas Path Inspection

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