Gas Turbine Upgrades For Performance Enhancement: Global Strategic Business Report

Global Gas Turbine Upgrades For Performance Enhancement Market to Reach $28.4 Billion by 2030

The global market for Gas Turbine Upgrades For Performance Enhancement estimated at US$17.9 Billion in the year 2022, is projected to reach a revised size of US$28.4 Billion by 2030, growing at a CAGR of 5.9% over the analysis period 2022-2030. Combined Cycle, one of the segments analyzed in the report, is projected to record 6.2% CAGR and reach US$17 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Simple Cycle segment is readjusted to a revised 5.5% CAGR for the next 8-year period.

The U.S. Market is Estimated at $4.8 Billion, While China is Forecast to Grow at 9.6% CAGR

The Gas Turbine Upgrades For Performance Enhancement market in the U.S. is estimated at US$4.8 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.5 Billion by the year 2030 trailing a CAGR of 9.6% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 3.2% and 4.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 4.1% CAGR.

Select Competitors (Total 38 Featured) -

• ENRGISTX, Inc.
• General Electric Company
• Mee Industries Inc.
• Mitsubishi Heavy Industries Ltd.
• Siemens AG
• Stellar Energy

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year