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.
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. Gas Turbines are available in various capacity for various applications. The market is driven by the increasing need for reliable electric supply and subsequent investment in producing new generating capacity, high productivity & low carbon discharge features of natural gas-fired power plants, and new shale gas exploration.
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Industry Major Key Players:-
Mitsubishi Heavy Industries Ltd.
Kawasaki Heavy Industries, Ltd.
Rolls-Royce Holdings plc.
Harbin Electric Company Limited.
MAN Diesel & Turbo.
Vericor Power Systems.
Solar Turbines Incorporated.
Major Points of TOC:-
1 Executive Summary
2 Research Methodology
2.1 Scope Of The Study
2.1.2 Research Objective
2.2 Research Process
2.2.1 Primary Research
2.2.2 Secondary Research
2.3 Market Size Estimation
2.4 Forecast Model
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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
4.2 Heavy Duty
To be Continued…….
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.
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- Distributer & Supplier companies
- End Users
- Consultants and Investment bankers
- Government as well as Independent Regulatory Authorities
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