The Gas Turbine Market covers all the important information associated with the market such as target market size, share, current trends, challenges, restraints, competition analysis, and market potential during the forecast period of 2018 to 2025. The report gives an overall market view that helps to understand the environment of the business and allow to discern the threats and opportunities associated with area of industry.
The report also covers detailed competitive landscape
including company profiles of key players operating in the global market. The
key players in the gas turbine market include Ansaldo, BHEL, Centrax, GE,
Harbin Electric, Kawasaki Heavy Industries, MAN Diesel, MHPS, OPRA, Siemens,
Solar Turbines, Vericor Power and Zorya. An in-depth view of the competitive
outlook includes future capacities, key mergers & acquisitions, financial
overview, partnerships, collaborations, new product launches, new product
developments and other developments with information in terms of H.Q.
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Market Dynamics
The gas turbine market is majorly driven on account of a
rise in electricity demand from the manufacturing and industrial sector. Use of
gas turbines in oil and gas, aerospace, driving tanks and other application
areas owing to high-energy generating capacity is further contributing
significantly to market growth. Stringent norms imposed for emission of carbon
coupled with favorable subsidiaries and policies offered by the government of
various countries are further pushing the market growth. However, the use of
renewable energy sources for electricity generation is assumed to impact the
market growth negatively.
According to the global Gas Turbine Market report published by Value Market Research, the market is expected to touch USD 23.7 BN by 2024, with a CAGR of 4% growing from USD 18 BN in 2017.
This detailed market study is centered on the data obtained
from multiple sources and is analyzed using numerous tools including porter’s five
forces analysis, market attractiveness analysis and value chain analysis. These
tools are employed to gain insights of the potential value of the market
facilitating the business strategists with the latest growth opportunities.
Additionally, these tools also provide a detailed analysis of each
application/product segment in the global market of gas turbine.
Browse Global Gas
Turbine Market Research Report with detailed TOC at https://www.valuemarketresearch.com/report/gas-turbine-market
Market Segmentation
The broad gas turbine market has been sub-grouped into
technology, application, design and rated capacity. The report studies these
subsets with respect to the geographical segmentation. The strategists can gain
a detailed insight and devise appropriate strategies to target specific market.
This detail will lead to a focused approach leading to identification of better
opportunities.
By Technology
·
Open Cycle
·
Combined Cycle
By Application
·
Power Generation
·
Oil & Gas
·
Other Industrial Applications
By Design
·
Heavy Duty Type
·
Aeroderivative Type
By Rated Capacity
·
Above 300MV
·
120-300MV
·
40-120MV
·
Less Than 40MV
Regional Analysis
Furthermore, the report comprises of the geographical segmentation,
which mainly focuses on current and forecast demand for gas turbine in North
America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The
report further focuses on demand for individual application segments in all the
regions.
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