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World Power Systems Briefing: Industrial & Marine Gas Turbines

  • Report

  • February 2024
  • Region: Global
  • Teal Group
  • ID: 5692068
World Power Systems Briefing- Industrial & Marine Gas Turbine covers the dynamic industrial and marine gas turbine marketplace. The Market Overviews take an inside, in-depth look at industrial gas turbines, marine gas turbines, and small turbine programs around the world. The Company Overviews gain a new perspective on the leading companies with their industrial and marine turbine programs. The Program Briefings review each program inside and out - from background and history to forecasts and applications. Each briefing includes a program summary, production forecast, applications, technical specifications, current developments and orders, and a listing of customers and competitors - plus up-to-date contact information.

Market overviews are provided to examine the overall market broken down into pertinent segments and provide 10-year forecasts of production requirements. Each program report provides background information, competitive analysis, specifications and forecasts of annual production requirements over the next decade for each engine family. Also included are appendices that document recent production contracts organized by both region and engine family. In addition, an appendix with a consolidated listing of production forecasts is provided.

Methodology

The publisher's analysts employ a combination of empirical and expert centered approaches to forecasting across multiple global defense and aerospace markets. Numerous variables play into future market requirements: macroeconomics, geopolitics, regional competitiveness, public and private market forces, cost pressures, country‐specific budget constraints, supplier relationships, etc.

We maintain proprietary databases that provide a strong foundation for building a quantitative understanding of key relationships between the forces that drive the demand for an array of products, platforms, and systems. These data assets have been developed and expanded over 30 years of company operations and provide an unapparelled set of resources that make the publisher uniquely qualified to forecast future industry performance. These empirical fundamentals allow for rigorous modelling.

In addition to this highly structured, data-driven perspective, the publisher through the expertise of its analysts has a comprehensive qualitative understanding of the forces that shape market demand. It is our position that forecasting demands both empirical understanding and artistic interpretation based on insights gained from decades of dedicated research and analysis. The result is a forecast that combines both to achieve a highly informed window to the future.

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