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Global Gas Turbine Market 2020-2024- Product Image
Global Gas Turbine Market 2020-2024- Product Image

Global Gas Turbine Market 2020-2024

  • ID: 5022272
  • Report
  • April 2020
  • Region: Global
  • 120 pages
  • TechNavio

FEATURED COMPANIES

  • Ansaldo Energia Spa
  • Capstone Turbine Corp.
  • Caterpillar Inc.
  • General Electric Co.
  • IHI Corp.
  • OPRA Turbines
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Global Gas Turbine Market 2020-2024

The gas turbine market is poised to grow by $ 2.44 bn during 2020-2024 progressing at a CAGR of 2% during the forecast period. The report on the gas turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the enhanced efficiency and robustness of gas turbines, growth of distributed power generation base and expanding natural gas pipeline networks. In addition, enhanced efficiency and robustness of gas turbines is anticipated to boost the growth of the market as well.

The gas turbine market analysis includes product segment, end-users segment, technology segment, and geographic landscapes.

The gas turbine market is segmented as below:

By Product
  • Heavy-duty gas turbine
  • Aeroderivative gas turbine
By End-user
  • Power generation
  • Mobility
  • Oil and gas
  • Others
By Technology
  • CCGT
  • OCGT
By Geographic Landscapes
  • APAC
  • MEA
  • North America
  • Europe
  • South America
This study identifies the development of GTCC and IGCC technologies as one of the prime reasons driving the gas turbine market growth during the next few years. Also, rapid decline in demand for F-class gas turbines, growing use of alternative fuel types for aeroderivative gas turbines and emergence of new power plants will lead to sizable demand in the market.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters.

The gas turbine market covers the following areas:
  • Gas turbine market sizing
  • Gas turbine market forecast
  • Gas turbine market industry analysis
This robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas turbine market vendors that include Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Turbine Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG. Also, the gas turbine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.

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 an analysis of the key vendors.

This report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary.

This market research report provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast an accurate market growth.
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ansaldo Energia Spa
  • Capstone Turbine Corp.
  • Caterpillar Inc.
  • General Electric Co.
  • IHI Corp.
  • OPRA Turbines
Executive Summary
  • Market Overview
Market Landscape
  • Market ecosystem
  • Value chain analysis
Market Sizing
  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition
Market Segmentation by Product
  • Market segments
  • Comparison by Product
  • Heavy-duty gas turbine - Market size and forecast 2019-2024
  • Aeroderivative gas turbine - Market size and forecast 2019-2024
  • Market opportunity by Product
Market Segmentation by Technology
  • Market segments
  • Comparison by Technology
  • CCGT - Market size and forecast 2019-2024
  • OCGT - Market size and forecast 2019-2024
  • Market opportunity by Technology
Market Segmentation by End-user
  • Market segments
  • Comparison by End-user
  • Power generation - Market size and forecast 2019-2024
  • Mobility - Market size and forecast 2019-2024
  • Oil and gas - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user
Customer Landscape

Geographic Landscape
  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers - Demand led growth
  • Market challenges
  • Market trends
Vendor Landscape
  • Vendor landscape
  • Vendor landscape
  • Landscape disruption
Vendor Analysis
  • Vendors covered
  • Market positioning of vendors
  • Ansaldo Energia Spa
  • Bharat Heavy Electricals Ltd.
  • Capstone Turbine Corp.
  • Caterpillar Inc.
  • General Electric Co.
  • IHI Corp.
  • Kawasaki Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • OPRA Turbines
  • Siemens AG
Appendix
  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations
List of Exhibits
1: Key Finding 1
2: Key Finding 2
3: Key Finding 3
4: Key Finding 5
5: Key Finding 6
6: Key Finding 7
7: Key Finding 8
8: Key Finding 9
9: Key Finding 10
10: Parent market
11: Market characteristics
12: Offerings of vendors included in the market definition
13: Market segments
14: Global - Market size and forecast 2019 - 2024 ($ million)
15: Global market: Year-over-year growth 2019 - 2024 (%)
16: Five forces analysis 2019 & 2024
17: Bargaining power of buyers
18: Bargaining power of suppliers
19: Threat of new entrants
20: Threat of substitutes
21: Threat of rivalry
22: Market condition - Five forces 2019
23: Product - Market share 2019-2024 (%)
24: Comparison by Product
25: Heavy-duty gas turbine - Market size and forecast 2019-2024 ($ million)
26: Heavy-duty gas turbine - Year-over-year growth 2019-2024 (%)
27: Aeroderivative gas turbine - Market size and forecast 2019-2024 ($ million)
28: Aeroderivative gas turbine - Year-over-year growth 2019-2024 (%)
29: Market opportunity by Product
30: Technology - Market share 2019-2024 (%)
31: Comparison by Technology
32: CCGT - Market size and forecast 2019-2024 ($ million)
33: CCGT - Year-over-year growth 2019-2024 (%)
34: OCGT - Market size and forecast 2019-2024 ($ million)
35: OCGT - Year-over-year growth 2019-2024 (%)
36: Market opportunity by Technology
37: End user - Market share 2019-2024 (%)
38: Comparison by End user
39: Power generation - Market size and forecast 2019-2024 ($ million)
40: Power generation - Year-over-year growth 2019-2024 (%)
41: Mobility - Market size and forecast 2019-2024 ($ million)
42: Mobility - Year-over-year growth 2019-2024 (%)
43: Oil and gas - Market size and forecast 2019-2024 ($ million)
44: Oil and gas - Year-over-year growth 2019-2024 (%)
45: Others - Market size and forecast 2019-2024 ($ million)
46: Others - Year-over-year growth 2019-2024 (%)
47: Market opportunity by End user
48: Customer landscape
49: Market share by geography 2019-2024 (%)
50: Geographic comparison
51: APAC - Market size and forecast 2019-2024 ($ million)
52: APAC - Year-over-year growth 2019-2024 (%)
53: MEA - Market size and forecast 2019-2024 ($ million)
54: MEA - Year-over-year growth 2019-2024 (%)
55: North America - Market size and forecast 2019-2024 ($ million)
56: North America - Year-over-year growth 2019-2024 (%)
57: Europe - Market size and forecast 2019-2024 ($ million)
58: Europe - Year-over-year growth 2019-2024 (%)
59: South America - Market size and forecast 2019-2024 ($ million)
60: South America - Year-over-year growth 2019-2024 (%)
61: Key leading countries
62: Market opportunity by geography ($ million)
63: Impact of drivers and challenges
64: Vendor landscape
65: Landscape disruption
66: Industry risks
67: Vendors covered
68: Market positioning of vendors
69: Ansaldo Energia Spa - Overview
70: Ansaldo Energia Spa - Business segments
71: Ansaldo Energia Spa - Key offerings
72: Ansaldo Energia Spa - Key customers
73: Ansaldo Energia Spa - Segment focus
74: Bharat Heavy Electricals Ltd. - Overview
75: Bharat Heavy Electricals Ltd. - Business segments
76: Bharat Heavy Electricals Ltd. - Key offerings
77: Bharat Heavy Electricals Ltd. - Key customers
78: Bharat Heavy Electricals Ltd. - Segment focus
79: Capstone Turbine Corp. - Overview
80: Capstone Turbine Corp. - Business segments
81: Capstone Turbine Corp. - Key offerings
82: Capstone Turbine Corp. - Key customers
83: Capstone Turbine Corp. - Segment focus
84: Caterpillar Inc. - Overview
85: Caterpillar Inc. - Business segments
86: Caterpillar Inc. - Key offerings
87: Caterpillar Inc. - Key customers
88: Caterpillar Inc. - Segment focus
89: General Electric Co. - Overview
90: General Electric Co. - Business segments
91: General Electric Co. - Key offerings
92: General Electric Co. - Key customers
93: General Electric Co. - Segment focus
94: IHI Corp. - Overview
95: IHI Corp. - Business segments
96: IHI Corp. - Key offerings
97: IHI Corp. - Key customers
98: IHI Corp. - Segment focus
99: Kawasaki Heavy Industries Ltd. - Overview
100: Kawasaki Heavy Industries Ltd. - Business segments
101: Kawasaki Heavy Industries Ltd. - Key offerings
102: Kawasaki Heavy Industries Ltd. - Key customers
103: Kawasaki Heavy Industries Ltd. - Segment focus
104: Mitsubishi Heavy Industries Ltd. - Overview
105: Mitsubishi Heavy Industries Ltd. - Business segments
106: Mitsubishi Heavy Industries Ltd. - Key offerings
107: Mitsubishi Heavy Industries Ltd. - Key customers
108: Mitsubishi Heavy Industries Ltd. - Segment focus
109: OPRA Turbines - Overview
110: OPRA Turbines - Product and service
111: OPRA Turbines - Key offerings
112: OPRA Turbines - Key customers
113: OPRA Turbines - Segment focus
114: Siemens AG - Overview
115: Siemens AG - Business segments
116: Siemens AG - Key offerings
117: Siemens AG - Key customers
118: Siemens AG - Segment focus
119: Currency conversion rates for US$
120: Research Methodology
121: Validation techniques employed for market sizing
122: Information sources
123: List of abbreviations
Note: Product cover images may vary from those shown

FEATURED COMPANIES

  • Ansaldo Energia Spa
  • Capstone Turbine Corp.
  • Caterpillar Inc.
  • General Electric Co.
  • IHI Corp.
  • OPRA Turbines
The publisher recognizes the following companies as the key players in the global gas turbine market: Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Turbine Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG.

Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is the development of GTCC and IGCC technologies."

According to the report, one of the major drivers for this market is the enhanced efficiency and robustness 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 a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Note: Product cover images may vary from those shown
  • Ansaldo Energia Spa
  • Bharat Heavy Electricals Ltd.
  • Capstone Turbine Corp.
  • Caterpillar Inc.
  • General Electric Co.
  • IHI Corp.
  • Kawasaki Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • OPRA Turbines
  • Siemens AG
Note: Product cover images may vary from those shown

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