Industries > Energy > Global Gas Turbine Market Report 2019-2029

Global Gas Turbine Market Report 2019-2029

Analysis by Technology (Open Cycle, Closed Cycle), by Rating Rate Capacity (Less than 40 MW, 40-120 MW, 120-300 MW, and Above 300 MW), Design Type (Heavy Duty, Aero derivative), by Application (Power, Oil & Gas), Company and Country Analysis and Forecasts

PAGES: 171
PRODUCT CODE: ENE0224
SUBMARKET: Gas

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Market Definition:
• The gas turbine is an engine at the core of the power plant that produces electric current.
• A gas turbine is an internal combustion engine, that converts natural gas or other liquid fuels to mechanical energy.

Market Overview and Trends
• Global electricity demand in upcoming years is likely to increase by nearly one-third of the current scenario.
• Turbines play a key role in reducing the carbon emissions, also in comparison with other combustion-based power generation Applications, they emit lesser emissions.

Market Dynamics:

Factors Influencing the Market Growth:
• Rising demand for natural gas-fired power plants
• Surge in demand for electricity
• Efficient power generation Technology

Factors Restraining the Market Growth:
• Natural gas price volatility
• Rising concern regarding natural gas infrastructure

Market Segmentation 2019-2029:

By Technology
• Open cycle market, 2019-2029
• Closed cycle market, 2019-2029

Rating Rate Capacity
• Less than 40 mw
• 40-120 mw
• 120-300 mw
• Above 300 mw

Design Type
• Heavy Duty
• Aeroderivative

Application
• Power
• Oil & Gas

Geographic breakdown
Focused regional forecasts and analysis explore the future opportunities:
• North America Market, 2019-2029
• Europe Market, 2019-2029
• Asia-Pacific Market, 2019-2029
• Latin America Market, 2019-2029
• Middle East Market, 2019-2029
• Africa Market, 2019-2029

Competitive Analysis:
• Being a new Technology, there are very few companies operating in the fuel cell market. However, number of players are entering in this arena by developing more standardized and cost effective Materials.
• Companies are strategically expanding their global presence and offering improved bag filter Technology across various sectors.

Major Market Players:
• Kawasaki Heavy Industries, Siemens, GE, MHPS, Ansaldo, Harbin Electric, OPRA, MAN Diesel, Solar Turbines, Vericor Power.

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CCR Ref number: KD4R6

Do you have any custom requirements we can help you with? Any need for specific country, geo region, market segment or specific company information? Contact us today, we can discuss your needs and see how we can help: sara.peerun@visiongain.com

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