About Gas Turbines Market
Gas turbines or combustion turbines are internal combustion engines which are predominantly used to generate power. It transforms liquid fluids and natural gases into mechanical energy. Buyers are increasingly using natural-gas-fueled power plants instead of conventional coal-based power generation plants as the former reduces the emission of smog-causing gases and greenhouse gases. Also, governments across the globe have imposed strict carbon emission regulations, which is encouraging buyers to install natural gas-based turbines in their facilities to ensure they are regulatory compliant. Therefore, the demand for clean energy sources has increased the demand for gas turbines, which in turn is driving the market.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Gas Turbines Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Gas Turbines Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
Category constraints
Procurement best practices
Key questions answered in this report
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Gas turbines or combustion turbines are internal combustion engines which are predominantly used to generate power. It transforms liquid fluids and natural gases into mechanical energy. Buyers are increasingly using natural-gas-fueled power plants instead of conventional coal-based power generation plants as the former reduces the emission of smog-causing gases and greenhouse gases. Also, governments across the globe have imposed strict carbon emission regulations, which is encouraging buyers to install natural gas-based turbines in their facilities to ensure they are regulatory compliant. Therefore, the demand for clean energy sources has increased the demand for gas turbines, which in turn is driving the market.
Covered in this report
The report provides actionable insights to improve source-to-contract cycle performance in the Global Gas Turbines Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.
The report, Global Gas Turbines Market, provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.
Category driver
- Increasing investments in gas-fired power generation
- For a full, detailed list, view our report
Category constraints
- The lack of historical data related to new models or tailored gas turbines
- For a full, detailed list, view our report
Procurement best practices
- To employ devices that can predict the condition of components that have a high frequency of failure
- For a full, detailed list, view our report
Key questions answered in this report
- What are the market dynamics?
- What are the key market trends?
- What are the category growth drivers?
- What are the constraints to category growth?
- Who are the suppliers in this market?
- What are the demand-supply shifts?
- What are the major category requirements?
- What are the procurement best practices in this market?
You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.
Table of Contents
PART 1: CATEGORY AT A GLANCE- TAKEAWAY 01 - Market Overview
- TAKEAWAY 02 - Demand and Supply Snapshot
- TAKEAWAY 03 - Key Market Dynamics
- TAKEAWAY 04 - Supply Market Highlights
- TAKEAWAY 05 - Pricing Insights
- TAKEAWAY 06 - Procurement Insights
PART 2: SCOPE OF THE REPORT
- Category Definition
- Research Methodology
PART 3: MARKET INSIGHTS
- Category Spend Analysis
- Category Maturity by Regions
- Demand-Supply Shifts
- Regional Demand-Supply Snapshot
- Market Developments
- Regional Impact of Trends
- Key Category Growth Drivers and Corresponding Regional Impacts
- Major Category Growth Constraints and Corresponding Regional Impacts
- Key Current Technological Innovations
- Major Regulatory Frameworks
- Strategic Sustainability Practices
- Porter’s Five Forces
- PESTLE Analysis
PART 4: SUPPLY MARKET INSIGHTS
- Supplier Operational Capability Matrix
- Other Prominent Suppliers by Region: Operational Capability Matrix
- Supplier Functional Capability Matrix
- Other Prominent Suppliers by Region: Functional Capability Matrix
- Key Clients/partners
- Supplier Cost Breakup
- Supplier Positioning Matrix
PART 5: PRICING INSIGHTS
- Pricing Models Snapshot
- Pricing Models - Pros and Cons
- Indicative Pricing
PART 6: PROCUREMENT INSIGHTS
- Major Category Requirements
- Major Procurement Pain Points
- Category Sourcing Evolution Matrix
- Procurement Best Practices
- Cost-saving Opportunities
- Supplier Selection Criteria
- Category Negotiation Strategies
- SLA Terms
- Supplier Evaluation Criteria
- Category Risk Analysis
PART 7: TOP FIVE SUPPLIERS
- Siemens
- GE
- Mitsubishi Hitachi Power Systems
- Toshiba
- ABB
PART 8: APPENDIX
- Glossary
- Key Notes
- About
Executive Summary
New Report Released: Global Gas Turbines Category - Procurement Market Intelligence Report 2018-2022.The author of the report recognizes the following companies as the key suppliers in the Global Gas Turbines Category - Procurement Market Intelligence Report: Siemens, GE, Mitsubishi Hitachi Power Systems, Toshiba, and ABB.
Commenting on the report, an analyst from the research team said: “One of the procurement best practices for buyers is to employ predictive analytics for deciding gas turbine maintenance techniques.”
According to the report, one of the key growth contributors for the global gas turbines market is the growing shift towards gas-fired power generation to meet the new emission standards and increasing demand for clean energy sources.
Further, the report states that major procurement challenge experienced by the buyers is the difficulty in analyzing the reliability of gas turbines.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains actionable insights to improve source-to-contract cycle performance in addition to a PESTLE analysis.
Companies Mentioned
- Siemens
- GE
- Mitsubishi Hitachi Power Systems
- Toshiba
- ABB
Methodology
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