Gas Turbine Generators Market - Industry Outlook, Size,Share, Growth Prospects, Key Opportunities, Trends and Forecasts, 2017-2021

Gas turbine generators are engines located at the core of the power plant which generates electric current. They are combustion engines which has the potential to convert liquid fuels or natural gas to mechanical energy. This energy then focuses on a generator which develops electrical energy.

Along with the power lines, this electrically generated energy moves to businesses and homes. For instance, one particular gas turbine generates 225 MW, which is equal to 644,000 horsepower, i.e., an accumulated power of almost 644 Formula One cars. The use of such gas turbines for the purpose of generating electricity is a technology that goes way back.

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Gas turbine generators have the ability to combust a huge variety of fuels such as fuel oil, natural gas, and many other synthetic oils. The method of power generation is even now one of the cleanest forms of energy having reduced levels of emission. Gas turbine generators used for electricity can be characterized into combined cycle gas turbines (CCGT) and open cycle gas turbines (OCGT). Also, these turbines can be sectioned based on their consumption of fuel for generating power; the type of fuels they consume are kerosene, natural gas, diesel, and fuel oil, amongst many others.

The global gas turbine generators market was valued at USD 16.2 billion in 2015 and is estimated to garner much higher market share and register at a considerable CAGR during the forecast period owing to factors like succeeding investments in developing novel generating capacity, escalated demand for electric power across the globe, high efficacy and reduced carbon emission characteristics of natural gas-fired power plants. Moreover, global demand for shale gas is increasing and that is having appositive impact of this industry’s market growth. In the near future, demand for electricity on global level is going to enormously increase, almost by two-thirds of the present demand.

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Therefore, aiming of projects pertaining to equally distributed power generation is predicted to promote the growth of this market industry. Some factors such as coal bed methane and shale gas being taken into consideration as very important energy resources for the future, the market potential is quiet significant. However, escalating cost of both, oil and natural gas along with elevated demand for renewable in most of the nations might prove to a hindrance to the growth of this market in the future.

The United States has steadily been the primary market for the global gas turbine generators market, followed by emerging economies such as China and India.

The key market manufacturers of the global Gas Turbine Generators Sales Market are Siemens AG (Germany), Alstom S.A. (France), General Electric Company (U.S.), Mitsubishi Hitachi Power Systems, Kawasaki Heavy Industries, Solar Turbines Incorporated, Ansaldo Energia, Man Diesel & Turbo, Opra Turbines., Bharat Heavy Electricals, Harbin Electric International Company, Capstone Turbine Cryostar, Rolls Royce, Vericor Power Systems, NPO Saturn, Zorya-Mashproekt, and AVIC.

Geographically this market has been segmented into regions such as United States, Europe, Japan, China, Southeast Asia, and India. Based on the product type, the global market is segmented into Gas Turbine Generators Rated 1.00 to 2.00 MW, Gas Turbine Generators Rated 2.00 to 10.00 MW, Gas Turbine Generators Rated More Than 10 MW. The end use applications of the global market of gas turbine are Oil and Gas Industry, Power Plant, and Industrial Companies. Depending on the type of the design, this market is split into aeroderivative and heavy duty type.

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Table of Contents

Global Gas Turbine Generators Sales Market Report 2017
1 Gas Turbine Generators Market Overview
1.1 Product Overview and Scope of Gas Turbine Generators
1.2 Classification of Gas Turbine Generators by Product Category
1.2.1 Global Gas Turbine Generators Market Size (Sales) Comparison by Type (2012-2022)
1.2.2 Global Gas Turbine Generators Market Size (Sales) Market Share by Type (Product Category) in 2016
1.2.3 Gas Turbine Generators Rated 1.00 To 2.00 MW
1.2.4 Gas Turbine Generators Rated 2.00 To 10.00 MW
1.2.5 Gas Turbine Generators Rated More Than 10 MW
1.3 Global Gas Turbine Generators Market by Application/End Users
1.3.1 Global Gas Turbine Generators Sales (Volume) and Market Share Comparison by Application (2012-2022)
1.3.2 Power Plant
1.3.3 Oil and Gas Industry
1.3.4 Industrial Companies
1.4 Global Gas Turbine Generators Market by Region
1.4.1 Global Gas Turbine Generators Market Size (Value) Comparison by Region (2012-2022)
1.4.2 United States Gas Turbine Generators Status and Prospect (2012-2022)
1.4.3 China Gas Turbine Generators Status and Prospect (2012-2022)
1.4.4 Europe Gas Turbine Generators Status and Prospect (2012-2022)
1.4.5 Japan Gas Turbine Generators Status and Prospect (2012-2022)
1.4.6 Southeast Asia Gas Turbine Generators Status and Prospect (2012-2022)
1.4.7 India Gas Turbine Generators Status and Prospect (2012-2022)
1.5 Global Market Size (Value and Volume) of Gas Turbine Generators (2012-2022)
1.5.1 Global Gas Turbine Generators Sales and Growth Rate (2012-2022)
1.5.2 Global Gas Turbine Generators Revenue and Growth Rate (2012-2022)

2 Global Gas Turbine Generators Competition by Players/Suppliers, Type and Application
2.1 Global Gas Turbine Generators Market Competition by Players/Suppliers
2.1.1 Global Gas Turbine Generators Sales and Market Share of Key Players/Suppliers (2012-2017)
2.1.2 Global Gas Turbine Generators Revenue and Share by Players/Suppliers (2012-2017)
2.2 Global Gas Turbine Generators (Volume and Value) by Type
2.2.1 Global Gas Turbine Generators Sales and Market Share by Type (2012-2017)
2.2.2 Global Gas Turbine Generators Revenue and Market Share by Type (2012-2017)
2.3 Global Gas Turbine Generators (Volume and Value) by Region
2.3.1 Global Gas Turbine Generators Sales and Market Share by Region (2012-2017)
2.3.2 Global Gas Turbine Generators Revenue and Market Share by Region (2012-2017)
2.4 Global Gas Turbine Generators (Volume) by Application
….

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