Global Gas Turbine Market Report By Technology (Open Cycle And Combined Cycle), By Application (Power Generation, Oil & Gas, And Other Industrial Applications), By Design (Heavy Duty Type And Aeroderivative Type), By Rated Capacity (Above 300MV, 120-300MV, 40-120MV And Less Than 40MV) And By Regions - Industry Trends, Size, Share, Growth, Estimation And Forecast, 2017-2024
ID:VMR11210142
October 2018
Report Formats:

As per this study the Global Gas Turbine Market was valued USD 18 BN (by revenue) in 2017 and is anticipated to reach USD 23.7 BN by 2024 with a CAGR of 4%.
 
Gas turbine is the continuous combustion engine that uses a mixture of pressurized gas as a source of energy to generate electricity. Basically, the potential energy of the pressured and compressed gas is converted into kinetic energy by the turbine blades. Gas turbines are mostly used in power generation, transportation, and other industrial processes.
 
Objectives of the Study:

  • Define and measure the global gas turbine market
  • Revenue forecast of the global gas turbine market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments
 
Market Dynamics
 
The gas turbine market is majorly driven on account of a rise in electricity demand from the manufacturing and industrial sector. Use of gas turbines in oil and gas, aerospace, driving tanks and other application areas owing to high-energy generating capacity is further contributing significantly to market growth. Stringent norms imposed for emission of carbon coupled with favorable subsidiaries and policies offered by the government of various countries are further pushing the market growth. However, the use of renewable energy sources for electricity generation is assumed to impact the market growth negatively.
 
This detailed market study is centered on the data obtained from multiple sources and is analyzed using numerous tools including porter’s five forces analysis, market attractiveness analysis and value chain analysis. These tools are employed to gain insights of the potential value of the market facilitating the business strategists with the latest growth opportunities. Additionally, these tools also provide a detailed analysis of each application/product segment in the global market of gas turbine.
 
Market Segmentation
 
The broad gas turbine market has been sub-grouped into technology, application, design and rated capacity. The report studies these subsets with respect to the geographical segmentation. The strategists can gain a detailed insight and devise appropriate strategies to target specific market. This detail will lead to a focused approach leading to identification of better opportunities.
 
By Technology
  • Open Cycle
  • Combined Cycle
 
By Application
  • Power Generation
  • Oil & Gas
  • Other Industrial Applications
 
By Design
  • Heavy Duty Type
  • Aeroderivative Type
 
By Rated Capacity
  • Above 300MV
  • 120-300MV
  • 40-120MV
  • Less Than 40MV
 
Regional Analysis
 
Furthermore, the report comprises of the geographical segmentation, which mainly focuses on current and forecast demand for gas turbine in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The report further focuses on demand for individual application segments in all the regions.
 
Europe Gas Turbine Market By Revenue (USD MN)
 
Europe Gas Turbine Market By Revenue
 
The report also covers detailed competitive landscape including company profiles of key players operating in the global market. The key players in the gas turbine market include Ansaldo, BHEL, Centrax, GE, Harbin Electric, Kawasaki Heavy Industries, MAN Diesel, MHPS, OPRA, Siemens, Solar Turbines, Vericor Power and Zorya. An in-depth view of the competitive outlook includes future capacities, key mergers & acquisitions, financial overview, partnerships, collaborations, new product launches, new product developments and other developments with information in terms of H.Q.
 
 
METHODOLOGY:
 
A combination of primary and secondary research has been used to determine the market estimates and forecasts. Sources used for secondary research include (but not limited to) Paid Data Sources, Company Websites, Technical Journals, Annual Reports, SEC Filings and various other industry publications. Specific details on methodology used for this report can be provided on demand. 

1. INTRODUCTION

  • Introduction To Gas Turbine
  • Report Description
    • Objectives Of The Study
    • Assumptions
  • Research Scope
  • Research Methodology
    • Data Source
 
2. EXECUTIVE SUMMARY
  • Market Highlight
  • Global Gas Turbine Market: Snapshot
 
3. MARKET ANALYSIS
  • Drivers
  • Restraints
  • Opportunities
  • Porter’s Five Forces Analysis
  • Value Chain Analysis
 
4. GAS TURBINE MARKET ANALYSIS BY TECHNOLOGY
  • Market In Open Cycle
  • Market In Combined Cycle
 
5. GAS TURBINE MARKET ANALYSIS BY APPLICATION
  • Market In Power Generation
  • Market In Oil & Gas
  • Market In Other Industrial Applications
 
6. GAS TURBINE MARKET ANALYSIS BY DESIGN
  • Market In Heavy Duty Type
  • Market In Aeroderivative Type
 
7. GAS TURBINE MARKET ANALYSIS BY RATED CAPACITY
  • Market In Above 300MV
  • Market In 120-300MV
  • Market In 40-120MV
  • Market In Less Than 40MV
 
8. GAS TURBINE MARKET ANALYSIS BY GEOGRAPHY
  • North America (NA)
    • North America Market Estimates
    • North America Market Estimates By Country
    • United States (U.S.) Market Estimates By Segments
    • Rest Of North America Market Estimates By Segments
  • Europe (EU)
    • Europe Market Estimates
    • Europe Market Estimates By Country
    • United Kingdom (UK) Market Estimates By Segments
    • Germany Market Estimates By Segments
    • France Market Estimates By Segments
    • Rest Of Europe Market Estimates By Segments
  • Asia Pacific (APAC)
    • Asia Pacific Market Estimates
    • Asia Pacific Market Estimates By Country  
    • China Market Estimates By Segments
    • Japan Market Estimates By Segments
    • India Market Estimates By Segments
    • Rest Of Asia Pacific Market Estimates By Segments  
  • Latin America (LA)   
    • Latin America Market Estimates
    • Latin America Market Estimates By Country
    • Brazil Market Estimates By Segments
    • Rest Of Latin America Market Estimates By Segments
  • Middle East And Africa (MEA)   
    • Middle East And Africa Market Estimates
    • Middle East And Africa Market Estimates By Country
    • Middle East Market Estimates By Segments
    • Africa Market Estimates By Segments
 
9. COMPETITIVE LANDSCAPE OF THE GAS TURBINE COMPANIES
  • Market Competition
  • Partnerships/Collaborations/Agreements
  • Mergers And Acquisitions
  • New Product Launches
  • Other Developments
 
10. COMPANY PROFILES OF THE GAS TURBINE INDUSTRY (Company Overview, Financial, Major Products & Recent Development)
  • Ansaldo 
  • BHEL 
  • Centrax 
  • GE 
  • Harbin Electric 
  • Kawasaki Heavy Industries 
  • MAN Diesel 
  • MHPS 
  • OPRA 
  • Siemens 
  • Solar Turbines 
  • Vericor Power 
  • Zorya
 
* Tentative TOC
 
 
LIST OF TABLES
 
Table 1.  Market Highlights Of Gas Turbine
Table 2.  Global Gas Turbine Market By Technology
Table 3.  Global Gas Turbine Market By Application
Table 4.  Global Gas Turbine Market By Design
Table 5.  Global Gas Turbine Market By Rated Capacity
Table 6.  Global Gas Turbine Market By Geography
Table 7.  North America Gas Turbine Market
Table 8.  Europe Gas Turbine Market
Table 9.  Asia Pacific Gas Turbine Market
Table 10. Latin America Gas Turbine Market
Table 11. Middle East And Africa Gas Turbine Market 
Table 12. Partnership/Collaboration/Agreements
Table 13. Mergers And Acquisitions
Table 14. New Product Development
Table 15. Other Developments
  
LIST OF FIGURES
 
Fig. 1.     Market Segmentation Of Gas Turbine Market 
Fig. 2.     Top-Down Approach   
Fig. 3.     Bottom-Up Approach   
Fig. 4.     Market Highlights Of Gas Turbine
Fig. 5.     Porter’s Five Forces Analysis
Fig. 6.     Value Chain Analysis
Fig. 7.     Global Gas Turbine Market By Technology
Fig. 8.     Global Gas Turbine Market By Application
Fig. 9.     Global Gas Turbine Market By Design
Fig. 10.   Global Gas Turbine Market By Rated Capacity
Fig. 11.   Global Gas Turbine Market By Geography
Fig. 12.   North America Gas Turbine Market
Fig. 13.   Europe Gas Turbine Market
Fig. 14.   Asia Pacific Gas Turbine Market
Fig. 15.   Latin America Gas Turbine Market
Fig. 16.   Middle East And Africa Gas Turbine Market
Fig. 17.   Market Share Of Gas Turbine Companies
Fig. 18.   Recent Developments In Gas Turbine Industry
 
 
* Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC. 

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