Global Turbine Inlet Cooling Market - Analysis by Deployment Location - Growth Trends and Forecasts (2016 - 2021)

  • ID: 3612086
  • Report
  • Region: Global
  • 130 pages
  • Mordor Intelligence
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FEATURED COMPANIES

  • Araner
  • Caldwell Energy
  • GE Energy
  • Güntner
  • Icl
  • Johnson
  • MORE
The market for global Turbine Inlet Cooling is expected to be USD XX billion at the end of the year 2015 and by the end of 2020 it is estimated to reach USDXX billion. The market is expected to grow at a rate of XX%. Gas turbines generate power by using a mixture of fuel and air. The air teaches to the boiler after passing through a compressor. The high pressure and oxygen rich air creates desirable conditions for igniting the fuel. The air used in the turbine is taken from the surroundings. However when the temperature in the atmosphere rises so also the temperature of the air entering the turbines. The problem that arises is that, the hot air has lessor oxygen content and also lower density than air at ambient temperature. The outcome is that considerable reduction in efficiency (up to 30%) of the turbine during critical summer time. This problem is addressed through the turbine inlet cooling system (TICS). When using a TIC system, the air first enters the chilling coils. This is where the excess heat is drawn from the air and then let out at normal temperature to the compressor. TICs may use several techniques there by it is able to reduce the temperature of the air entering the turbine and thereby restores the efficiency of the turbine in peak load situations. Due to this the turbine will have higher mass flow rate and higher pressure which leads to improved output.

During the time of fast population growth and faster increasing demand for power all the countries around the world are looking for increasing power generation. In this regard several industries have adopted this technology for efficiently managing the power load. In power generations sector the use of TIC is said to improve the efficiency by as much as 20% and in the process reduce the generation of harmful gases like NOx and CO2 by up to 30%. In oil, gas and petrochemical industries which extensively employ turbines are also one of the other major users of TIC systems. The benefit is in better throughput, improved production and reduction in costs. For offshore operations where turbines are utilized for on board power generation and gas suppression the TIC supplements the existing power generation system. In cogeneration plants, large bio gas plants TIC systems is used to improve the efficiency.

The major constraint for the use TIC systems is the economic slowdown in multiple countries around the world. In spite of the benefits of this product during low economic phase the manufacturers in respective regions are looking to reduce capital investments. Moreover the power plants and heavy industries with long gestation period are not able to attract heavy investments. Major driver for TIC is the increasing awareness for this product. Turbine inlet cooling system can improve the turbine efficiency by almost 30% in hot conditions. During summer time when there is maximum demand for power the power production actually goes down due to inherent inefficiencies in the turbine airflow. Instead of going for creating additional power projects to meet the shortfall, by employing TIC systems, the envisioned capacity of the turbines can be restored at much lesser cost. This awareness among corporate decision makers has increased the market potential for TIC systems. High capital cost of earlier TIC systems was not favouring the industries. For heavy industries generally the payback period of 2-5 years is generally accepted by the corporate planners and investors. Out of these time period for ordering, delivery and installation of plants/turbines can be up to two years. However the current modular packaged TIC systems can be delivered in12-14 weeks. This further improves the prospects of TIC systems.

The turbine inlet cooling system consists of several components. Chillers, inlet Coils, pump, cooling tower, thermal energy storage (TES) tank, air cooled heat exchanger/cooling tower. The chillers are used to cool the air. The inlet coils are used to transfer heat form air. The cooling tower is used to cool the water so that it can be sprayed on the air to reduce its temperature. Another type of TICS uses thermal energy storage tank where by during off peak hours cheap power is used to cool the water to form ice. During peak hours air is passed through such cool ice zone in pipes to reduce its heat. Several type of coolers are available including wet, dry, evaporative, adiabatic, vertical and horizontal coolers. These make use of evaporation, fogging and chilling technique. Evaporation is the simplest one and uses least water. Fogging involves spray of cold water on the passing air. While chilling involves passing the air inside ice cold water channels.

One of the major opportunities lies in the up gradation of legacy power plants. Around the world there exists a number of power plants whose equipment are decades old. Due to the application of inferior technology in these system the power efficiency is lower. When combined with the peak load pressure in summer and low turbine efficiency the power output is further lowered. This represents an opportune market where the use of TIC systems can increase the output at minimum investment. However thermal power plants are increasingly facing pressure from environment groups. A common accusation is the low thermal efficiency and high pollution from thermal power plants. Power companies agree to the points but they are forced to continue because of the fact that the comely used fuel for the thermal plants is the cheapest and the gestation period of the thermal power plants is among the lowest and it can operate in any weather unlike non-conventional energy sources which are restricted by sun light or speed of the wind etc. due to global campaign against pollution thermal plants also have been facing the consequential pressure for pollution. Another point of challenge is the caution from original equipment manufacturers (OEM) about the operating conditions for turbines. OEMS are apprehensive that due to chilling the air may become too cold. And once the air is cold the moisture in the air can turn into ice. The volume of ice is more than its water form. Turbine blades will get damaged when they are exposed to ice during operations. So sufficient precautions need to be taken to avoid this situation.

Key Deliverables in the Study

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FEATURED COMPANIES

  • Araner
  • Caldwell Energy
  • GE Energy
  • Güntner
  • Icl
  • Johnson
  • MORE
1. Introduction

1.1 Study Deliverables
1.2 Market Definition
1.3 Sizing Units
1.4 Base Currency
1.5 Review and Forecast Period Years
2. Research Methodology

2.1 Introduction
2.2 Analysis Methodology
2.3 Econometric Forecast Model
2.4 Research Assumptions
3. Executive Summery

4. Key Inferences

5. Market Overview and Technology Trends
5.1 Current Market Scenario
5.2 Applications of Turbine Inlet Cooling
5.3 Investment Analysis
5.4 Porters Five Forces Framework
5.5 Bargaining Power of Supplier
5.6 Bargaining Power of Consumer
5.7 Threat of New Entrants
5.8 Threat of Substitute of Products and Services
5.9 Competitive Rivalry Within The Industry
5.10 Drivers, Restraints, Opportunities, and Challenges Analysis (Endogenous Factors)
5.11 Market Drivers
5.11.1 Growing Awareness of the benefit of Chiller Systems
5.11.2 Reducing Capital Cost
5.12 Market Restraints
5.12.1 Economic Slowdown
5.13 Key Challenges
5.13.1 Caution from OEMs
5.13.2 Environmental Pressure Against Thermal Power Plants
5.14 Current Opportunities in the Market
5.14.1 Up gradation of Power Infrastructure
5.15 Technology Trends
5.15.1 New Developments
5.15.2 Industry Value Chain Analysis
5.15.3 Product Life-Cycle Analysis
5.15.4 Product Benchmarking

6. Global Turbine Inlet Cooling Market, by Component
6.1 Chillers
6.2 Inlet Coils
6.3 Pump
6.4 Cooling Tower
6.5 Thermal energy storage (TES) tank
6.6 Air Cooled Heat Exchanger/Cooling Tower

7. Global Turbine Inlet Cooling Market, by Industry
7.1 Thermal Power
7.2 Cogeneration Unit
7.3 Oil, Gas and Petro Chemical
7.4 Offshore Operations
7.5 Electric Distribution
7.6 Gas Turbine Inlet Air Cooling
7.7 Renewable Energy
7.8 Bio Gas Plant

8. Global Turbine Inlet Cooling Market, by Industry
8.1 Electric Driven Chillers
8.2 Steam Driven Chillers
8.3 Absorption Style Chillers
8.4 Evaporation System
8.5 Fogging System

9. Global Turbine Inlet Cooling Market, by Geography - Regional Share and Forecasts
9.1 North America (NA)
9.1.1 Introduction
9.1.2 United States
9.1.3 Canada
9.1.4 Rest of North America
9.2 Europe
9.2.1 Introduction
9.2.2 Germany
9.2.3 United Kingdom
9.2.4 France
9.2.5 Italy
9.2.6 Spain
9.2.7 Russia
9.2.8 Rest of the Europe
9.3 Asia-Pacific (APAC)
9.3.1 Introduction
9.3.2 China
9.3.3 Japan
9.3.4 India
9.3.5 Australia
9.3.6 South Korea
9.3.7 Rest of Asia-Pacific
9.4 Middle-East and Africa (MEA)
9.4.1 Introduction
9.4.2 UAE
9.4.3 Saudi Arabia
9.4.4 Israel
9.4.5 Rest of the MEA
9.5 Latin America
9.5.1 Introduction
9.5.2 Brazil
9.5.3 Argentina
9.5.4 Mexico
9.5.5 Rest of Latin America

10. Competitive Landscape
10.1 Market Share Analysis
10.2 Organic and Inorganic Growth Strategies
10.3 Patent Analysis
10.4 The Challengers
10.5 Zero-Sum Quadrant

11. Key Vendor Analysis
11.1 Araner
11.2 MBH NRG
11.3 Stellar Energy
11.4 Johnson
11.5 Icl
11.6 American Moistening Systems
11.7 Kiewit
11.8 Caldwell Energy
11.9 Mee Industries Inc
11.10 TAS Energy Inc
11.11 GE Energy
11.12 Güntner
12. Analyst Outlook for Investment Opportunities
13. Future Outlook of the Market
14. Appendix
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- Araner
- MBH NRG
- Stellar Energy
- Johnson
- Icl
- American Moistening Systems
- Kiewit
- Caldwell Energy
- Mee Industries Inc
- TAS Energy Inc
- GE Energy
- Güntner
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
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