Global Industrial Gas Turbines Market 2017-2021

  • ID: 4328355
  • Report
  • Region: Global
  • 76 pages
  • TechNavio
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FEATURED COMPANIES

  • Ansaldo Energia
  • GE
  • Kawasaki Heavy industries
  • MAN Diesel & Turbo
  • MOTOR SICH JSC
  • Niigata Power Systems
  • MORE
About Industrial Gas Turbines

Gas turbines are combustion turbines; these plants include an internal combustion engine, wherein the fuel is mixed with air, causing ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which results in the rotation of the turbine. Gas turbines are used in power generation, cogeneration, mobility, and mechanical drive applications. Apart from the power sector, the demand for gas turbines from various industries has increased significantly in the last decade. With the growing availability of natural gas fuel and favorable regulations, it is expected that the demand for gas turbines in various industries will increase further during the forecast period

The analysts forecast the global industrial gas turbines market to grow at a CAGR of 2.40% during the period 2017-2021.

Covered in this report

The report covers the present scenario and the growth prospects of the global industrial gas turbines market for 2017-2021. The market size is calculated based on the demand for gas turbines from industrial applications.

The market is divided into the following segments based on geography:
  • Americas
  • APAC
  • EMEA
The report, Global Industrial Gas Turbines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
  • GE
  • Siemens
  • Ansaldo Energia,
  • Kawasaki Heavy industries
  • Mitsubishi Hitachi Power Systems
Other prominent vendors
  • Mitsubishi Heavy Industries
  • MAN Diesel & Turbo
  • MOTOR SICH JSC
  • Niigata Power Systems
  • Opra Technologies
  • Solar Turbines
Market drivers
  • Consolidation of market vendors
  • For a full, detailed list, view the full report
Market challenges
  • Contraction in mining industry in China
  • For a full, detailed list, view the full report
Market trends
  • Growth in natural gas pipeline networks
  • For a full, detailed list, view the full report
Key questions answered in this report
  • What will the market size be in 2021 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
You can request one free hour of the analyst’s time when you purchase this market report. Details are provided within the report.
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Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • Ansaldo Energia
  • GE
  • Kawasaki Heavy industries
  • MAN Diesel & Turbo
  • MOTOR SICH JSC
  • Niigata Power Systems
  • MORE
PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction
  • Key market highlights
PART 05: Market landscape
  • Market overview
  • Market size and forecast
  • Five forces analysis
PART 06: Market segmentation by end-user
  • Market overview
  • Oil and gas industry
  • Steel industry
PART 07: Geographical segmentation
  • Market overview
  • EMEA
  • Americas
  • APAC
PART 08: Decision framework

PART 09: Drivers and challenges
  • Market drivers
  • Impact of drivers on key customer segments
  • Market challenges
  • Impact of challenges on key customer segments
PART 10: Market trends
  • Growth in natural gas pipeline networks
  • Technological innovations
  • Growth in cogeneration
PART 11: Vendor landscape
  • Market overview
  • Other prominent vendors
PART 12: Key vendor analysis
  • Ansaldo Energia
  • GE
  • Kawasaki Heavy Industries
  • Mitsubishi Hitachi Power Systems
  • Siemens
PART 13: Appendix
  • List of abbreviations
List of Exhibits
Exhibit 01: Global industrial gas turbines market by geography 2016-2021
Exhibit 02: Global industrial gas turbines market landscape
Exhibit 03: Global industrial gas turbines market 2016-2021 ($ billions)
Exhibit 04: Crude oil prices January-November 2016 ($/barrel)
Exhibit 05: Five forces analysis
Exhibit 06: Global industrial gas turbines market by end-user segment 2016 and 2021 (%)
Exhibit 07: Global industrial gas turbines market in oil and gas industry 2016-2021 ($ billions)
Exhibit 08: Global industrial gas turbines market in steel industry 2016-2021 ($ billions)
Exhibit 09: Production of steel 2005, 2010, and 2015 (millions of tons)
Exhibit 10: Global industrial gas turbines market by geography 2016 and 2021 (%)
Exhibit 11: Industrial gas turbines market in EMEA ($ billions)
Exhibit 12: Industrial gas turbines market in Americas ($ billions)
Exhibit 13: Shale gas production in US 2007-2015 (billion cubic feet)
Exhibit 14: Industrial gas turbines market in APAC ($ billions)
Exhibit 15: Industries that contribute to industrial sector energy consumption in OECD countries
Exhibit 16: Some notable instances of expansion in Middle East oil industry
Exhibit 17: Impact of drivers
Exhibit 18: Crude oil prices 2011-2015 (% change)
Exhibit 19: Effects of fouling on gas turbines
Exhibit 20: Impact of challenges
Exhibit 21: Benefits of cogeneration
Exhibit 22: Global industrial gas turbines market: Other prominent vendors
Exhibit 23: Ansaldo Energia: Product groups and offerings
Exhibit 24: GE: Products offered by different business segments
Exhibit 25: GE: Gas turbine product portfolio
Exhibit 26: Kawasaki Heavy Industries: Product groups and offerings
Exhibit 27: Kawasaki Heavy Industries: Gas turbine product portfolio
Exhibit 28: Mitsubishi Hitachi Power Systems: Product groups and offerings
Exhibit 29: Mitsubishi Hitachi Power Systems: Industrial gas turbine product portfolio
Exhibit 30: Siemens: Products offered by different business segments
Exhibit 31: Siemens: Gas turbine product portfolio
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FEATURED COMPANIES

  • Ansaldo Energia
  • GE
  • Kawasaki Heavy industries
  • MAN Diesel & Turbo
  • MOTOR SICH JSC
  • Niigata Power Systems
  • MORE
New Report Released: - Global Industrial Gas Turbines Market 2017-2021

The author of the report recognizes the following companies as the key players in the global industrial gas turbines market: GE, Siemens, Ansaldo Energia, Kawasaki Heavy industries, and Mitsubishi Hitachi Power Systems.

Other Prominent Vendors in the market are: Mitsubishi Heavy Industries, MAN Diesel & Turbo, MOTOR SICH JSC, Niigata Power Systems, Opra Technologies, and Solar Turbines.

Commenting on the report, an analyst from the research team said: “The latest trend gaining momentum in the market is growth in natural gas pipeline networks. The number of natural gas pipeline networks being planned and constructed has grown significantly in the last few years. The main reason is governmental support because of the shift toward new sources of clean and emission-free source of energy”

According to the report, one of the major drivers for this market is Consolidation of market vendors. In the last decade, the global industrial gas turbines market has undergone considerable changes. Mergers have played a crucial role in this transformation, with many large players acquiring gas turbine contracting companies. This has led to the expansion of the operations of major manufacturers on a global scale.

Further, the report states that one of the major factors hindering the growth of this market is Contraction in mining industry in China. China consumes nearly 50% of the world's commodities. Therefore, the country's economic slowdown has led to an oversupply of commodities such as coal and iron ore. However, the production costs of energy, labor, and equipment remain high. This has resulted in reduced revenues and profits, increasing the debt level of mining companies. This is a major challenge to the growth of the market as it results in a reduction in mining activities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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  • GE
  • Siemens
  • Ansaldo Energia
  • Kawasaki Heavy industries
  • Mitsubishi Hitachi Power Systems
  • Mitsubishi Heavy Industries
  • MAN Diesel & Turbo
  • MOTOR SICH JSC
  • Niigata Power Systems
  • Opra Technologies
  • Solar Turbines
Note: Product cover images may vary from those shown
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Note: Product cover images may vary from those shown
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