Energy and Power

Global Gas Turbine Market 2016-2020

  • TEC571650
  • 106 Pages
  • May 2016
  • Energy and Power
About the Gas Turbine Market

Gas turbines are used mainly in gas-fired power plants; these plants have an internal combustion engine wherein the fuel is mixed with air, leading to ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which results in rotation of the turbine.

Technavios analysts forecast the global gas turbine market to grow at a CAGR of 3.49% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global gas turbine market for 2016-2020. The capacity additions of new gas turbines as well as aftermarket gas turbines in various end-user segments and the average price of various types of gas turbines have been considered in determining the market size.

The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Gas Turbine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Ansaldo Energia
GE
Kawasaki Heavy Industries
Mitsubishi Hitachi Power Systems
Siemens
Solar Turbines

Other prominent vendors
MAN Diesel and Turbo
Motor Sich
Niigata Power Systems
OPRA Turbines
Power Machines

Market driver
Increasing efficiency and durability of gas turbines
For a full, detailed list, view our report

Market challenge
Risk of volatility in natural gas prices
For a full, detailed list, view our report

Market trend
Stringent government regulations worldwide
For a full, detailed list, view our report

Key questions answered in this report
What will the market size be in 2020 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?

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