Gas Turbine Market Growth 2019-2024

Technology

A gas turbine engine is a type of internal combustion engine. Essentially, the engine can be viewed as an energy conversion device that converts energy stored in the fuel to useful mechanical energy in the form of rotational power. The term “gas” refers to the ambient air that is taken into the engine and used as the working medium in the energy conversion process.

The USA held the largest share in the global market, its revenue of global market exceeds 59% in 2018.Asia-Pacific is the largest consumption region of Gas Turbine market; its consumption of global market exceeds 42% in 2018.According to this study, over the next five years the Gas Turbine market will register a 11.0% CAGR in terms of revenue, the global market size will reach US$ 24100 million by 2024, from US$ 14300 million in 2019.

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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.

  • Light Duty Type
  • Aeroderivative Type
  • Heavy Duty Type

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
  • Other

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
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

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.

  • GE
  • Siemens
  • MHPS
  • Ansaldo
  • Kawasaki
  • Solar Turbines
  • MAN Energy
  • BHEL

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).
  • To project the consumption of Gas Turbine submarkets, with respect to key regions (along with their respective key countries).
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of content

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology

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

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)
3.1.2 Global Gas Turbine Sales Market Share by Players (2017–2019)

Key Que Answered in this report:

  1. What will the Gas Turbine Market?
  2. What are the key factors driving the Global Gas Turbine Market?
  3. What are the key market trends in the Gas Turbine Market?
  4. improve pasting the growth of these Gas Turbine Market?
  5. What are the challenges to the Gas Turbine Market?
  6. What are the market opportunities and threats faced by the vendors in the Global Gas Turbine Market?
  7. What are the key outcomes of the five forces analysis of the Gas Turbine Market?

What is our report offers:

Strategic suggestions and proposals for the beginners to understand
Assessments of the market share from different countries and regions were conducted
Top key market players, market share analysis included.
The market observations such as constraints, drivers, threats, opportunities, investment opportunities, challenges, and recommendations are added.
The competitive landscaping mappings of the ongoing trends are discussed.
Based on the market estimations, the strategic recommendations are made in the business segments

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