Gas Turbine Market Showing Huge Technological Advancement in Power Sector: Industry Analysis by by Product, Application and Forecast to 2025
Gas Turbine Market By Product (Heavy Duty and Aero-Derivative), Capacity (> 200 MW, > 70 MW to 200 MW, > 30 MW to 70 MW, > 1 MW to 30 MW, > 500 KW to 1 MW, 50 KW to 500 KW and < 50 KW), Technology (Combined Cycle and Open Cycle) and Application (Marine, Power Plants, Aviation, Oil & Gas, Process Plants and Other Applications) - Global Industry Analysis And Forecast To 2025
Las Vegas, NV -- (ReleaseWire) -- 11/20/2018 --Outlook of Gas Turbine Market: The gas turbine, additionally known as the ignition turbine, is the kind of internal combustion, continuous combustion engine. There are three fundamental elements: the upstream turning gas compressor; the downstream turbine present on the similar shaft and the burning chamber or region, known as the combustor. A fourth element is regularly utilized to improve the efficiency (turbofan, turboprop), to alter the power into electric or mechanical form (electric generator, turboshaft), or to accomplish more noteworthy power to mass/volume proportion (max engine propulsion). Therefore, the Gas Turbine Market is anticipated to expand and has tremendous scope during the forecast period. The global Gas Turbine Market anticipated to flourish in the future by growing at a significantly higher CAGR.
Gas Turbine Market-Competitive Analysis
The major players in the market are profiled in detail in view of qualities, for example, company portfolio, business strategies, financial overview, recent developments, and market share of the overall industry.
Zorya-Mashproekt
General Electric
Harbin Electric International Company
Siemens AG
NPO Saturn
Cryostar
Capstone Turbine
Wartsila
Man Diesel & Turbo
Mitsubishi Hitachi Power Systems
BHEL
Opra Turbines
Kawasaki Heavy Industries
Vericor Power Systems
Ansaldo Energia
Solar Turbines
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Gas Turbine Market- Segmentation:
On the basis of Product the market is segmented into Heavy Duty and Aero-Derivative. The Aero-Derivative section is showing growth owing to increasing utilization of highly mobile & flexible technologies, increasing demand from various applications like grid stability, district heating, mobile power, etc., and other factors.
On the basis of Capacity the market is segmented into> 200 MW, > 70 MW to 200 MW, > 30 MW to 70 MW, > 1 MW to 30 MW, > 500 KW to 1 MW, 50 KW to 500 KW and < 50 KW. The < 50 KW section is showing more growth owing to increasing utilization that will ultimately led to 1GW in coming years, increasing technological development and other factors.
On the basis of Technology the market is segmented into Combined Cycle and Open Cycle. The Open Cycle section is leading the market owing to properties like less time required for warming up, compact in size, fast start up time, versatility in operation, light weight, etc.
On the basis of Application the market is segmented into Marine, Power Plants, Aviation, Oil & Gas, Process Plants and Other Applications. The Power Plants section is leading the market owing to increasing demand for energy across the globe, positivity in the rules & regulation & also the aspect of consumers, etc.
Gas Turbine Market-Regional Insights:
The Asia Pacific region is leading the global Gas Turbine Market with China dominating due to increasing number of power stations working on gas for generation of power and other factors.
North America, U.S., Canada, Mexico, Europe, Germany, UK, France, Russia, Italy, Rest of Europe, Asia-Pacific, China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific, South America, Brazil, Argentina, Columbia, Rest of South America, Middle East and Africa, Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA
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Major TOC of Report:
1. Introduction
1.1. Report Description
2. Executive Summary
2.1. Key Highlights
3. Market Overview
3.1. Introduction
3.1.1. Market Definition
3.1.2. Market Segmentation
3.2. Market Dynamics
4. Market Analysis by Regions
4.1. North America (United States, Canada and Mexico)
4.1.1. United States Market Status and Outlook (2014-2025)
4.1.2. Canada Market Status and Outlook (2014-2025)
4.1.3. Mexico Market Status and Outlook (2014-2025)
4.2. Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
4.2.1. Germany Market Status and Outlook (2014-2025)
4.2.2. France Market Status and Outlook (2014-2025)
4.2.3. UK Market Status and Outlook (2014-2025)
4.2.4. Russia Market Status and Outlook (2014-2025)
4.2.5. Italy Market Status and Outlook (2014-2025)
4.2.6. Rest of Europe Market Status and Outlook (2014-2025)
4.3. Asia-Pacific (China, Japan, Korea, India, Southeast Asia and Rest of Asia-Pacific
5. Gas Turbine Market, By Product
5.1. Introduction
5.2. Global Gas Turbine Revenue and Market Share by Product (2014-2018)
5.2.1. Global Gas Turbine Revenue and Revenue Share by Product (2014-2018)
5.3. Heavy Duty
5.3.1. Global Heavy Duty Revenue and Growth Rate (2014-2018)
5.4. Aero-Derivative
5.4.1. Global Aero-Derivative Revenue and Growth Rate (2014-2018)
6. Gas Turbine Market, By Capacity
6.1. Introduction
6.2. Global Gas Turbine Revenue and Market Share by Capacity (2014-2018)
6.2.1. Global Gas Turbine Revenue and Revenue Share by Capacity (2014-2018)
6.3. > 200 MW
...
List of Tables and Figures:
Figure United States Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Canada Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Mexico Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Germany Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure France Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure UK Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Russia Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Italy Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Rest of Europe Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure China Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Japan Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Korea Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure India Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Southeast Asia Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
Figure Rest of Asia-Pacific Gas Turbine Revenue (Million USD) and Growth Rate (2014-2025)
...
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