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Market Highlights:-

Gas Turbines are widely accepted under any situation around the world as they have very high power-to-weight ratio, compared to reciprocating engines. Gas turbines are installed in power generation, oil & gas, industrial, marine and aviation sector. The constant need for electricity and the unstable power supply situation in most developing countries will aid in the growth of the gas turbines market over the forecast period. Fluctuation in international trade of natural gas and continuing distress over stable natural gas supply are restraining the gas turbine market.

A gas turbine, also called as a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor which is coupled to a downstream turbine with a combustion chamber in between called a combustor. The basic working of the gas turbine is similar to that of the steam power plant except that the operational fluid, here, is air instead of water.

Industry Key Players:-

  • General Electric
  • Siemens AG
  • Mitsubishi Heavy Industries Ltd.
  •  Alstom S.A
  • Kawasaki Heavy Industries, Ltd.
  • Ansaldo Energia
  • Rolls-Royce Holdings plc.
  • Harbin Electric Company Limited. 
  • MAN Diesel & Turbo. 
  • Vericor Power Systems.
  • Solar Turbines Incorporated.

Study Objectives of Global Gas Turbine Market:-

  • To provide detailed analysis of the market structure along with forecast for the next five years of the various segments and sub-segments of the global Gas Turbine market.
  • To provide insights about factors affecting the market growth
  • To analyze the global Gas Turbine market based on various tools such as Supply Chain Analysis, and Porter’s Five Forces Analysis
  • To provide historical and forecast revenue of the market segments and sub-segments with respect to regions and their respective key countries

To be continued……

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 Table Of Contents:-

 1 Executive Summary

2 Research Methodology


3 Market Dynamics

3.1 Market Drivers

3.2 Market Inhibitors

3.3 Supply/Value Chain Analysis

3.4 Porter’s Five Forces Analysis


4 Global Gas Turbine Market, By Product Type

4.1 Introduction

4.2 Heavy Duty

4.3 Aeroderivative


5 Global Gas Turbine Market, By Capacity

5.1 Introduction

5.2 ≤ 70MW

5.3 70-300 MW

5.4 ≥ 300 MW

To be continued….

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Global Gas Turbine Market:-
The gas turbines market is driven by the need of reliable electric supply at low operating and fuel costs, also growing investment towards the replacement of conventional matured structures with modern upgraded one. The Asia-Pacific region is the leading market for Gas Turbines. The rapid industrialization, urbanization, and fast economic growth in the countries such as India and China, will drive the market for Gas Turbines. 

Intended Audience

  • Distributer & Supplier companies
  • End Users
  • Consultants and Investment bankers
  • Government as well as Independent Regulatory Authorities