Aeroderivative Gas Turbine Market to Witness Robust Growth by 2025

The Aeroderivative Gas Turbine Market report published by Stratview Research offers wide-ranging analysis of key growth strategies, drivers, opportunities, key segments, and competitive landscape, etc. This detailed study is a useful source of information for prominent market players, new entrants, investors, and stakeholders to gain a thorough understanding of the market and determine measures to be taken to gain a competitive advantage.

Some key takeaways from this report –
The report offers key drivers that trigger the growth in the Aeroderivative Gas Turbine Market. The insights mentioned in this report helps market players in formulating strategies to gain market presence or to sustain during the hard times. The research also mentions restraints of the market. Critical data on growth opportunities, current and upcoming trends are mentioned to assist market players in taking further steps by determining the potential in untapped regions.

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The research offers segment wise analysis of the Aeroderivative Gas Turbine Market. Extensive analysis of sales, revenue, growth rate, and market share of each for the historic period and the forecast period is offered with the help of tables, graphs, pie charts and more.

Aeroderivative Gas Turbine Market Share: By Capacity Type
Based on the capacity type, the market is segmented as < 50 KW, 50 kW to 500 KW, 500 KW to 1 MW, 1 MW to 30 MW, 30 MW to 70 MW, > 70 MW. The >70 MW segment dominated the market in 2019, and is expected to maintain its position during the forecast period. Growing demand for energy from wide array of sectors is likely to drive the growth of the market.

Aeroderivative Gas Turbine Market Share: By Application Type
Based on the application type, the market is segmented as power plants, oil & gas, process plants, aviation, marine, and others. The aviation segment held the largest share of the market and is also expected to witness a healthy growth during the forecast period. Huge aircraft fleet size along with continuous increase in demand for new aircraft to meet rising passenger traffic is the major factor behind the dominance of the aviation segment.

Aeroderivative Gas Turbine Market Share: By Region
In terms of regions, Europe is estimated to be the largest market for aeroderivative gas turbines during the forecast period. Huge aircraft fleet size, significant demand from power plants and processing plants, expanding oil & gas and marine industries are the major factors behind the dominance of the region. North America and Asia-Pacific are also expected to witness a healthy demand for aeroderivative gas turbine during the forecast period.

Key Players
The following are the key players in the Aeroderivative Gas Turbine Market-
• General Electric
• Siemens AG
• Mitsubishi Hitachi Power Systems, Ltd.
• Wärtsilä
• Kawasaki Heavy Industries Ltd.
• Opra Turbines B.V.
• Solar Turbines Incorporated
• Harbin Turbine Company Limited
• Bharat Heavy Electricals Limited
• Vericor Power Systems
• MAN Energy Solutions
• Capstone Turbine Corporation
• Cryostar
• UEC Saturn
• Zorya-Mashproekt.

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