Press Release / Environment / Gas Turbine Market Global Market Size, Share, Trends and Segmentation, Applications and Outlook 2018-2023.
Gas Turbine Market Global Market Size, Share, Trends and Segmentation, Applications and Outlook 2018-2023.
By Market Research Future on May 25 2018 | 428 Views
This research report on the Global Gas Turbine Market is an all-encompassing study of the industry sectors, up-to-date outlines, industry development, drivers, and restraints. It provides market proje
Pune, India, May, 2018 /MRFR Press Release/- Industrial applications market is growing at the highest rate in the Gas Turbines market from 2018-2023.
Taste the market data and market information presented through more than 85 market data tables and figures spread in 140 numbers of pages of the project report. Avail the in-depth table of content & market synopsis on “Global Gas Turbine market Information from 2018 to 2023"
Market Highlights
Gas Turbines are widely accepted under any situation around the world as they have very high power-to-weight ratio, compared to reciprocating engines. Gas turbines are installed in power generation, oil & gas, industrial, marine and aviation sector. The constant need for electricity and the unstable power supply situation in most developing countries will aid in the growth of the gas turbines market over the forecast period. Fluctuation in international trade of natural gas and continuing distress over stable natural gas supply are restraining the gas turbine market.
The market is expected to grow at a CAGR of 4% during the forecast period.The market is driven by the increasing need for 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.
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Major Key Players
General Electric
Siemens AG
Mitsubishi Heavy Industries Ltd.
Alstom S.A
Kawasaki Heavy Industries, Ltd.
Solar Turbines Incorporated.
Rolls-Royce Holdings plc.
Regional Analysis
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.
Intended Audience
Distributer & Supplier companies
End Users
Consultants and Investment bankers
Government as well as Independent Regulatory Authorities
Executive Summary
Global Gas Turbine Market, By Product Type
Introduction
Heavy Duty
Aeroderivative
Global Gas Turbine Market, By Capacity
Introduction
≤ 70MW
70-300 MW
≥ 300 MW
Global Gas Turbine Market, By Technology
Introduction
Open Cycle
Combined Cycle
Global Gas Turbine Market, By Application
Introduction
Power Generation
Gas & Oil
Industrial
Marine
Aviation
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