Gas Turbine Market Growth 2019-2024

Market-Research

A Gas Turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.

The classification of gas turbine services includes heavy duty services and aero-derivative services, and the proportion of heavy duty services is about 79% in 2016, and the proportion is in increasing trend from 2012 to 2017.

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Gas Turbine services are for power generation, oil & gas and other field. The most proportion of gas turbine services is for power generation, and the revenue in 2016 is about 7.61 billion USD.

According to this study, over the next five years the Gas Turbine market will register a 4.2% CAGR in terms of revenue, the global market size will reach US$ 19300 million by 2024, from US$ 15700 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Gas Turbine business, shared in Chapter 3.

This report presents a comprehensive overview, market shares, and growth opportunities of Gas Turbine market by product type, application, key manufacturers and key regions and countries.

This study considers the Gas Turbine value and volume generated from the sales of the following segments:

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

  • Heavy Duty Services
  • Aero-Derivative Services

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

  • Power Generation
  • Oil & Gas
  • Others

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market.

The key manufacturers covered in this report: Breakdown data in in Chapter 3.

  • General Electric
  • Siemens
  • Mitsubishi Hitachi Power Systems
  • Wood Group
  • Kawasaki Heavy Industries
  • Solar Turbines
  • Ansaldo Energia
  • MTU Aero Engines
  • Sulzer
  • MAN Diesel & Turbo
  • MJB International
  • Proenergy Services

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

Research objectives

  • To study and analyze the global Gas Turbine consumption (value & volume) by key regions/countries, product type and application, history data from 2014 to 2018, and forecast to 2024.
  • To understand the structure of Gas Turbine market by identifying its various subsegments.
  • Focuses on the key global Gas Turbine manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
  • To analyze the Gas Turbine with respect to individual growth trends, future prospects, and their contribution to the total market.
  • To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

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Table of content

2019–2024 Global Gas Turbine Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Gas Turbine Consumption 2014–2024
2.1.2 Gas Turbine Consumption CAGR by Region
2.2 Gas Turbine Segment by Type
2.2.1 Heavy Duty Services
2.2.2 Aero-Derivative Services
2.3 Gas Turbine Consumption by Type
2.3.1 Global Gas Turbine Consumption Market Share by Type (2014–2019)
2.3.2 Global Gas Turbine Revenue and Market Share by Type (2014–2019)
2.3.3 Global Gas Turbine Sale Price by Type (2014–2019)
2.4 Gas Turbine Segment by Application
2.4.1 Power Generation
2.4.2 Oil & Gas
2.4.3 Others
2.5 Gas Turbine Consumption by Application
2.5.1 Global Gas Turbine Consumption Market Share by Application (2014–2019)
2.5.2 Global Gas Turbine Value and Market Share by Application (2014–2019)
2.5.3 Global Gas Turbine Sale Price by Application (2014–2019)

3 Global Gas Turbine by Players
3.1 Global Gas Turbine Sales Market Share by Players
3.1.1 Global Gas Turbine Sales by Players (2017–2019)

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