Gas Turbines Market| Top Manufacturers like Ansaldo Energia S.P.A., Bharat Heavy Electricals Limited, General Electric Company, Kawasaki Heavy Industries, Ltd., Man Diesel & Turbo SE, Mitsubishi Hitachi Power Systems, Ltd., Opra Turbines B.V., Siemens AG,

insightSLICE published a new report, titled, “Gas Turbines Market”. The report offers an extensive analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape. This study is a helpful source of information for market players, investors, VPs, stakeholders, and new entrants to gain a thorough understanding of the industry and determine steps to be taken to gain a competitive advantage.

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Major players active in the global gas turbines market include Ansaldo Energia S.P.A., Bharat Heavy Electricals Limited, General Electric Company, Kawasaki Heavy Industries, Ltd., Man Diesel & Turbo SE, Mitsubishi Hitachi Power Systems, Ltd., Opra Turbines B.V., Siemens AG, and Solar Turbines Incorporated.

The Global Gas Turbines Market was valued at US$ 18 billion in 2019 and is expected to grow at a CAGR of 4% through 2030. Rising demand for captive power plants, increased investment in strengthening power infrastructure, high efficiency delivered by gas turbines and stringent environment protection framework are the key attributes dynamically shaping the global gas turbine market. Gas turbines are used for power generation and to generate drive force across heavy industrial applications. With increased demand for power efficient energy infrastructure, the global gas turbine market is anticipated to witness prominent growth in coming years. The combined cycle gas turbines are extensively used across power generation and heavy industries owing to high operational efficiency offered by these turbines. Additionally, increasing demand for electricity across the globe for residential, industrial, and commercial application is anticipated to witness prominent growth during the forecast period. The government authorities across major countries are focusing towards reducing low carbon footprint from energy generation infrastructure. The carbon footprint of gas turbines is significantly low as compared to other conventional power generation technologies. Thus, is expected to witness prominent growth in demand during the forecast period.

North America contributed a dominating share to the global gas turbine market in 2019 and is anticipated to be a dominating region throughout the forecast period owing to increased demand for replacement of existing gas turbines across the United States and Canada. Increasing number of captive power plants and ageing power generation infrastructure is expected to drive the growth of the North America gas turbine market during the forecast period. Europe is anticipated to witness steady growth during the forecast period. Middle East & Africa contributed a significant share to the global gas turbine market in 2019 owing to high dependence on gas turbine based power generation across leading countries. Asia Pacific is anticipated to be the fastest growing segment during the forecast period owing to expanding industrial infrastructure across the leading countries.

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Table Of content:

1. Research Methodology and Executive Summary
2. Strategic Recommendations
3. Gas Turbines Monitoring Market: Product Outlook
4. Global Gas Turbines Monitoring Market: Sizing and Forecast
5. Global Gas Turbines Monitoring Market Segmentation - By Component, By End User, By Demographics
8. Global Gas Turbines Monitoring Market: Regional Analysis
9. North America Gas Turbines Monitoring Market: An Analysis (2018-2024)
9.6 North America Gas Turbines Monitoring Market: Country Analysis
10. Europe Gas Turbines Monitoring Market: An Analysis (2018-2024)
10.6 Europe Gas Turbines Monitoring Market: Country Analysis
11. Asia Pacific Gas Turbines Monitoring Market: An Analysis (2018-2024)
11.6 Asia Pacific Gas Turbines Monitoring Market: Country Analysis
12. Global Gas Turbines Monitoring Market Dynamics
12.1 Drivers
12.2 Restraints
12.3 Trends
13. Market Attractiveness
14. Competitive Landscape
15. Company Profiles

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This release was published on openPR.