Press release
Global Turbine Inlet Cooling Systems Market by Technology - Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2022
About Turbine Inlet Cooling Systems Market
Rising demand for energy is driving the construction of new power plants globally. Despite the prevailing economic slowdown, demand for power is expected to grow on account of urbanization and rise in population. The drop in plant efficiency during summer seasons raises concerns related to blackouts and power outages. The solution to such problems is capacity additions. However, capacity addition either through the construction of new power plants or addition of extra turbines is both capital-intensive and time-consuming. Restricted by both time and economic constraints, power companies and turbine manufacturers are now opting to install turbine inlet cooling systems. Turbine inlet cooling systems provide cost-effective power augmentation. Mechanical chillers and evaporative technologies, such as inlet fogging and wet compression systems, are widely adopted by power producers and turbine manufacturers to boost turbine capacities, especially during the summer seasons.
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The research study is designed to analyze and estimate the market for turbine inlet cooling systems globally both in terms of volume (Units) and revenue (USD Million). The global market for turbine inlet cooling systems has been broadly segmented on the basis of technology and geography. The market report only addresses three specific inlet cooling technologies: inlet fogging, mechanical chillers, and wet compression. These technologies are used to boost plant efficiency, especially in regions with hot climates. Utilization of inlet fogging technology reduces the inlet air temperature through spraying of small water droplets. Wet compression units are generally used in conjunction with other inlet cooling technologies to provide additional cooling to boost plant efficiency. Mechanical chillers can attain greater temperature reduction in inlet air than most of the other available technologies.
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In this research study, the turbine inlet cooling market has been segmented at a granular level, geographically. The global market has been segmented geographically into North America, Europe, Asia Pacific, and Rest of the World (RoW). Each of these regional segments has been further sub-divided into its constituent country-wise segments. A total of 12 sub-segments have been drawn from the four regions, which comprise eight unique country-specific analyses. The countries included under the scope of the report are China, Japan, and Australia in Asia Pacific; the U.S. in North America; Italy and Turkey in Europe; and Iran and GCC countries in RoW. The report features a detailed regional segmentation with market growth forecast for the 2014-2022 period. Similar detailed projections have also been provided for the technology segment. For this market study, 2013 has been taken as the base year, while all forecasts are for the 2014-2022 period.
This report includes key market dynamics affecting the demand for turbine inlet cooling systems globally. As part of our market dynamics analysis, we have analyzed the market drivers, market restraints, and market opportunities. The report also provides a detailed analysis of the global turbine inlet cooling systems market with the help of Porter’s Five Forces model. The Porter’s Five Forces analysis aids in understanding the five major forces that affect the industry structure and demand for turbine inlet cooling systems globally. The forces analyzed are the bargaining power of buyers, bargaining power of suppliers, threat of new entrants, threat of substitutes, and degree of competition. The report also includes a glimpse of the global turbine inlet cooling systems value chain. The interaction and roles of various stakeholders starting from technology development and manufacturing to the deployment and final end-use have been elucidated in detail. The market attractiveness analysis involves benchmarking and ranking of each region on the basis of numerous parameters. The parameters selected are likely to have a pronounced effect on the demand for turbine inlet cooling systems in that region, both currently and in the near future.
Key participants in the global turbine inlet cooling systems market include American Moistening Company Inc., Caldwell Energy Company Inc., Cat Pumps Inc., Humifrio S.L., Mee Industries Inc., Score Energy Limited, Siemens AG, UTC Technologies Company, Camfil AB, and Baltec IES Pty. Ltd. This report provides an overview of these companies, followed by their financial revenues, business strategies, and recent developments
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Table of Contents
Chapter 1 Preface
1.1 Report Description
1.2 Report Scope
1.3 Market Segmentation
1.4 Research Methodology
Chapter 2 Executive Summary
2.1 Global Turbine Inlet Cooling Systems Market
Chapter 3 Turbine Inlet Cooling Systems Market – Industry Analysis
3.1 Introduction
3.2 Value Chain Analysis: Turbine Inlet Cooling Systems Market
3.3 Market Drivers
3.3.1 Economic and Environmental Benefits to Power Plant Owners through Higher Plant Efficiency
3.3.2 Increasing Adoption of Gas-fired Power Plants
3.3.2.1 Minimization of Power Outages During Peak Loads
3.4 Market Restraints3.4.1 Shortcoming in Existing Turbine Inlet Cooling Technologies
3.5 Market Opportunities
3.5.1 Decentralization of Power Generation to Boost Demand for Turbine Inlet Cooling Systems
3.6 Porter’s five forces analysis: Turbine Inlet Cooling Systems Market
3.6.1 Bargaining power of suppliers
3.6.2 Bargaining power of buyers
3.6.3 Threat from new entrants
3.6.4 Degree of competition
3.6.5 Threat from substitutes
3.7 Company Market Share Analysis
3.7.1 Global Turbine Inlet Cooling Systems Market, Company Market Share Analysis, 2013
3.8 Market Attractiveness Analysis
3.8.1 Market Attractiveness Analysis of Global Turbine Inlet Cooling Systems Market, by Region, 2013
Chapter 4 Turbine Inlet Cooling Systems Market: Technology Analysis
4.1 Turbine Inlet Cooling Systems Market: Technology Overview
4.1.1 Global Turbine Inlet Cooling Systems Market, Volume Share by Technology, 2013 and 2022
4.2 Inlet Fogging Systems
4.2.1 Global Inlet Fogging Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
4.3 Wet Compression
4.3.1.1 Impact of Wet Compression on a GE Frame 6B Turbine
4.3.2 Global Wet Compression Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
4.4 Mechanical Chillers
4.4.1 Global Mechanical Chillers Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
Chapter 5 Turbine Inlet Cooling Systems Market: Regional Analysis
5.1 Turbine Inlet Cooling Systems Market: Regional overview
5.1.1 Global Turbine Inlet Cooling Systems Market, Volume Share by Region, 2013 and 2022
5.2 North America
5.2.1 North America Turbine Inlet Cooling Systems Market, Volume Share by Country, 2013 and 2022
5.2.2 North America Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.2.3 U.S.
5.2.3.1 U.S. Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.2.3.2 U.S. Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022, (Units), (USD Million)
5.2.4 Rest of North America
5.2.4.1 Rest of North America Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.2.4.2 Rest of North America Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.2.5 North America Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.3 Europe
5.3.1 Europe Turbine Inlet Cooling Systems Market, Volume Share by Country, 2013 and 2022
5.3.2 Europe Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.3.3 Turkey
5.3.3.1 Turkey Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.3.3.2 Turkey Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.3.4 Italy
5.3.4.1 Italy Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.3.4.2 Italy Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.3.5 Rest of Europe
5.3.5.1 Rest of Europe Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.3.5.2 Rest of Europe Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022, (Units), (USD Million)
5.3.6 Europe Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.4 Asia Pacific
5.4.1 Asia Pacific Turbine Inlet Cooling Systems Market, Volume Share by Country, 2013 and 2022
5.4.2 Asia Pacific Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.4.3 Japan
5.4.3.1 Japan Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.4.3.2 Japan Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.4.4 China
5.4.4.1 China Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.4.4.2 China Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.4.5 Australia
5.4.5.1 Australia Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.4.5.2 Australia Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.4.6 Rest of Asia Pacific
5.4.6.1 Rest of Asia Pacific Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.4.6.2 Rest of Asia Pacific Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022, (Units), (USD Million)
5.4.7 Asia Pacific Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.5 Rest of the World
5.5.1 Rest of the World Turbine Inlet Cooling Systems Market, Volume Share by Country, 2013 and 2022
5.5.2 Rest of the World Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.5.3 GCC(Gulf Cooperation Council)Countries
5.5.3.1 GCC Countries Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.5.3.2 GCC Countries Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
5.5.4 Iran
5.5.4.1 Iran Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.5.4.2 Iran Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022, (Units), (USD Million)
5.5.5 Other Countries
5.5.5.1 Other Countries Turbine Inlet Cooling Systems Market Estimates and Forecast, By Volume and Revenue, 2013 – 2022 (Units) (USD Million)
5.5.5.2 Other Countries Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022, (Units), (USD Million)
5.5.6 Rest of the World Turbine Inlet Cooling Systems Market Estimates and Forecast, by Technology Segment, 2013 – 2022 (Units) (USD Million)
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Turbine inlet cooling systems help in improving the efficiency and performance of gas turbines. Cooling technologies involved include mechanical chillers, inlet fogging, wet compression, hybrid systems, and others.
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