Press release
Gas Turbine Market Key Profile- General Electric, Siemens AG, Mitsubishi Heavy Industries Ltd, Alstom S.A, Kawasaki Heavy Industries, Ansaldo Energia
Market HighlightsThe need for uninterrupted electric supply is growing because of the worldwide rise in population and rapid industrialization. The increasing need of reliable electric supply and subsequent investment in producing new generating capacity, high productivity & low carbon discharge features of natural gas-fired power plants, and new shale gas exploration will drive the growth of gas turbine market.
The gas turbine market in the Asia-Pacific region is expected to grow the fastest during the forecast period.The rapid industrialization, urbanization, and fast economic growth in the countries such as India and China will drive the market for gas turbines. Gas Turbine market is expected to grow over the CAGR of around 4% during the period 2017 to 2023
Key Players
The key players of global gas turbine markets are
• General Electric (U.S.),
• Siemens AG (Germany),
• Mitsubishi Heavy Industries Ltd. (Japan),
• Alstom S.A (France),
• Kawasaki Heavy Industries, Ltd. (Japan),
• Bharat Heavy Electricals Limited. (India),
• Ansaldo Energia, (Italy),
• Rolls-Royce Holdings plc. (U.K),
• Harbin Electric Company Limited. (China),
• MAN Diesel & Turbo. (Germany),
• Vericor Power Systems. (Georgia)
• Solar Turbines Incorporated. (U.S.A).
Request a Sample Copy @ https://www.marketresearchfuture.com/sample_request/3265
Scope of the Report
This study provides an overview of the global gas turbine market, tracking four market segments across four geographic regions. The report studies key players, providing a five-year annual trend analysis that highlights market size, volume and share for North America, Europe, Asia Pacific (APAC) and Rest of the World (ROW). The report also provides a forecast, focusing on the market opportunities for the next five years for each region. The scope of the study segments the global gas turbine market by its product type, capacity, by application, technology and by regions.
By Product Type
• Heavy Duty
• Aeroderivative
By Capacity
• ≤ 70MW
• 70-300 MW
• ≥ 300 MW
By Technology
• Open Cycle
• Combined Cycle
By Application
• Industrial
• Marine
• Gas & Oil
• Power Generation
• Aviation
By Regions
• North America
• Asia Pacific
• Europe
• Rest of the World
The market has been analyzed based on product type, capacity, technology, application and regions. On the basis of product type, the heavy duty segment is expected to dominate the market for gas turbines. The rise in the number of large gas-fired power plants that utilize heavy duty gas turbines drives the growth of heavy duty gas turbine. The heavy duty gas turbine coupled with combined cycle operation provides an optimum output of around 300MW.
Industrial applications market is growing at the highest rate in the Gas Turbines market from 2017-2023.
Industrial gas turbine market currently holds more than half of the total share of volume of gas turbine and is expected to dominate the market in forecast period and the growing attention towards the replacement of conventional coal-fired power plant with viable natural gas-fired power plants will enhance the industrial gas turbine market in forecast period.
For further information on this report, visit @ https://www.marketresearchfuture.com/reports/emulsion-polymers-market-2206
Key questions answered in this report
• What will the market size be in 2023 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
Contact:
Akash Anand,
Market Research Future
Office No. 528, Amanora Chambers
Magarpatta Road, Hadapsar,
Pune - 411028
Maharashtra, India
+1 646 845 9312
Email: akash.anand@marketresearchfuture.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Gas Turbine Market Key Profile- General Electric, Siemens AG, Mitsubishi Heavy Industries Ltd, Alstom S.A, Kawasaki Heavy Industries, Ansaldo Energia here
News-ID: 747289 • Views: …
More Releases from Market Research Future
Hydrofluoric Acid Market (CAGR) of 4%, Innovation Imperative Future Proofing You …
Hydrofluoric acid (HF) is a crucial chemical compound with a wide range of applications across various industries. Despite its hazardous nature, it plays an essential role in manufacturing processes, especially in the production of fluorine compounds. The global hydrofluoric acid market has been witnessing steady growth, driven by demand from end-user industries such as oil refining, pharmaceuticals, and electronics.
The Hydrodesulfurization Catalysts Market is projected to register a CAGR of over…
Palm Methyl Ester Derivative Market Size Projected to Grow at 5.92% CAGR, Reachi …
In recent years, the global market for palm methyl ester derivatives has witnessed significant growth, driven by various factors including environmental concerns, technological advancements, and the increasing demand for sustainable alternatives in various industries. Palm methyl ester derivatives, derived from palm oil, have emerged as versatile ingredients with applications spanning across sectors such as cosmetics, pharmaceuticals, lubricants, and more.
The Palm Methyl Ester Derivative Market Size was valued at USD 1.5…
Asia-Pacific Ceramic Tiles Market to Register Highest CAGR Growth of 7.50% by 20 …
The Asia-Pacific ceramic tiles market has been witnessing robust growth, driven by various factors such as increasing investments in residential and commercial construction, renovation activities, and the growing preference for aesthetically pleasing and durable flooring solutions. Countries like China, India, Japan, and South Korea have been leading the market growth, supported by strong manufacturing capabilities, technological advancements, and evolving consumer preferences.
Asia-Pacific Ceramic Tiles Market Size was valued at USD 141.2…
APAC Wallpaper Market to Register Highest CAGR Growth of 8% by 2032: Analysis by …
The APAC wallpaper market has witnessed significant growth in recent years, driven by factors such as rising disposable incomes, expanding construction activities, and growing awareness regarding interior decor. Countries like China, India, Japan, South Korea, and Australia have emerged as key contributors to the region's wallpaper market. Additionally, the increasing adoption of innovative wallpaper designs and patterns is fueling market growth further.
APAC Wallpaper Market Size was valued at USD 0.55…
More Releases for Heavy
Shipbuilding Market 2020 Comprehensive Insights- Hyundai Heavy Industries Co. Lt …
Global Shipbuilding Market Report 2020 is a comprehensive, professional report provides a detailed overview of major drivers, restraints, challenges, opportunities, current market trends and strategies impacting the global market. The report provides with CAGR value changeability during the forecast period for the market. The report covered key aspects like the existing market conditions, the pace of growth and CAGR in the forecast period.
The Global Shipbuilding Market was valued at USD…
LNG Carrier Market Poised for Further Growth: Top Players Shaping Industry: Sams …
A new business intelligence report released by Up Market Research with title “Global LNG Carrier Market Research Report 2019” that targets and provides comprehensive market analysis with future prospects to 2025. The analysts of the study have garnered extensive research methodologies and data sources (i.e. Secondary & Primary Sources) in order to generate collective and useful information that delivers latest market undercurrents and industry trends.
Request Sample Copy Of this Report…
Global Double Hulling of Ships Market 2019 - Mitsubishi Heavy Industries, Samsun …
Global Double Hulling of Ships Market report gives detailed analysis and provides extensive market forecasts 2025 by region/country and subsectors. Double Hulling of Ships Industry report also acts as an essential tool to companies active across the value chain and to the newcomer by enabling them to capitalize the opportunities and develop business strategies.
Obtain the Brochure of the Report: https://goo.gl/7Et3eb
Global Double Hulling of Ships Market focuses on the , especially in…
Latest Research On Drillships Market Analysis 2018 – Hyundai Heavy Industries, …
UpMarketResearch published an exclusive report on “Drillships” delivering key insights and providing a competitive advantage to clients through a detailed report. The report contains 95 pages which highly exhibits on current market analysis scenario, upcoming as well as future opportunities, revenue growth, pricing and profitability. This report focuses on the Drillships market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market…
Global Heavy Construction Equipments Market: By Types - Heavy Earthmoving, Lifti …
Researchmoz added Most up-to-date research on "Global Heavy Construction Equipments Market: By Types - Heavy Earthmoving, Lifting & Material Handling, Heavy Construction Vehicles & Others" to its huge collection of research reports.
This report studies Heavy Construction Equipments in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and export in these regions, from 2012 to 2016, and forecast to 2022.
This report…
Global Liquified Natural Gas Tanker Market 2017 : Samsung Heavy Industries, Mits …
A market study based on the "Liquified Natural Gas Tanker Market" across the globe, recently added to the repository of Market Research, is titled ‘Global Liquified Natural Gas Tanker Market 2017’. The research report analyses the historical as well as present performance of the worldwide Liquified Natural Gas Tanker industry, and makes predictions on the future status of Liquified Natural Gas Tanker market on the basis of this analysis.
Get Free…
