Energy and Power

Gas Turbine Market is set to record 7.4% CAGR by 2027

Gas Turbine Market size is expected to grow Usd 12.03 bn by 2027 at a CAGR of 7.4% over the forecast period 2020 – 2027.

A new study on the global Gas Turbine market has been published by Precedence Research. It presents a wealth of information on key market dynamics, including the drivers, market trends, and challenges, as well as the structure of the global Gas Turbine market. The study offers valuable information about the global Gas Turbine market to illustrate how the market would grow during the forecast period 2020-2027. The report provides the value and volume of the global Gas Turbine market for the period 2020–2027, considering 2019 as the base year and 2027 as the forecast year. The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments and sub-segments included in the scope of the study.

Key indicators of market growth, which include value chain as well as supply chain analyses, and Compound Annual Growth Rate (CAGR), are elucidated in the study in a comprehensive manner. This data can help readers interpret quantitative growth aspects of the global Gas Turbine market during the forecast period.

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An extensive analysis on business strategies of leading market players is also featured in study on the global Gas Turbine market. This can help readers understand principal factors to foresee growth in the global Gas Turbine market. In this study, readers can also find specific data on the qualitative and quantitative growth avenues for the global market, which is expected to guide market players in making apt decisions in the future.

The report also delves into the competition landscape of the global Gas Turbine market. Key players operating in the global market have been identified, and each one of these has been profiled for their distinguishing business attributes. Company overview, financial standings, recent developments, and SWOT are some of the attributes of players profiled in the global market report.

Key Players

  • Wartsila
  • BHEL
  • Mitsubishi Hitachi Power Systems
  • Harbin Electric International Company
  • Siemens AG
  • Man Diesel & Turbo
  • General Electric
  • NPO Saturn
  • Kawasaki Heavy Industries
  • Solar Turbines
  • Capstone Turbine
  • Vericor Power Systems
  • Cryosta
  • AnsaldoEnergia
  • Opra Turbines
  • Zorya-Mashproekt

Key Questions Answered in Gas Turbine Market Study

– What are the key factors influencing the Gas Turbine market in each region?

– What will be the CAGR of the global Gas Turbine market between 2016 and 2027?

– What is the future scope and changing trends in technologies in the global Gas Turbine market?

– Which factors will impede the growth of the global Gas Turbine market during the forecast period?

– Which are the leading companies in the global Gas Turbine market?

– Which region is set to expand at the fastest CAGR during the forecast period?

– What is the volume (Units) of different Gas Turbine across all regions during the forecast period?

– Which segment will have the highest revenue globally in 2027 and which segment will expand at the fastest CAGR during the forecast period?

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Research Methodology

A unique research methodology has been utilized by precedence research to conduct a comprehensive research on the growth of the global Gas Turbine market and arrive at conclusions on the future growth prospects of the market. This research methodology is a combination of primary and secondary research, which helps analysts warrant the accuracy and reliability of the drawn conclusions.

Secondary sources referred to by analysts during the production of the global Gas Turbine market report include statistics from company annual reports, SEC filings, company websites, World Bank database, investor presentations, regulatory databases, government publications, and industry white papers. Analysts have also interviewed senior managers, product portfolio managers, CEOs, VPs, and market intelligence managers, who contributed to the production of our study on the market as a primary source.

These primary and secondary sources provided exclusive information during interviews, which serves as a validation from Gas Turbine industry leaders. Access to an extensive internal repository and external proprietary databases allows this report to address specific details and questions about the global market with accuracy. The study also uses the top-down approach to assess the numbers for each segment and the bottom-up approach to counter-validate them. This has helped in making precedence research estimates on the future prospects of the global market more reliable and accurate.

Segmentation

By Capacity Type

  • > 500 kW to 1 MW
  • > 1 MW to 30 MW
  • < 50 kW
  • 50 kW to 500 kW
  • > 70 MW to 200 MW
  • >30 MW to 70 MW
  • > 200 MW

By Product Type

  • Heavy Duty
  • Aero-Derivative

By Technology Type

  • Combined Cycle
  • Open Cycle

By Application Type

  • Process Plants
  • Power Plants
  • Oil & Gas
  • Aviation
  • Marine
  • Others

By Geography

  • North America
    • U.S.
    • Canada
  • Europe
    • U.K.
    • Germany
    • France
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
  • Middle East & Africa
  • Latin America

Table of Content

Chapter 1. Introduction

1.1. Research Objective
1.2. Scope of the Study
1.3. Definition

Chapter 2. Research Methodology

2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope

4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis

Chapter 5. Market Dynamics Analysis and Trends

5.1. Market Dynamics
5.1.1. Market Drivers
5.1.2. Market Restraints
5.1.3. Market Opportunities
5.2. Porter’s Five Forces Analysis
5.2.1. Bargaining power of suppliers
5.2.2. Bargaining power of buyers
5.2.3. Threat of substitute
5.2.4. Threat of new entrants
5.2.5. Degree of competition

Chapter 6. Competitive Landscape

6.1.1. Company Market Share/Positioning Analysis
6.1.2. Key Strategies Adopted by Players
6.1.3. Vendor Landscape
6.1.3.1. List of Suppliers
6.1.3.2. List of Buyers

Chapter 7. Global Gas Turbine Market, By Capacity

7.1. Gas Turbine Market, by Capacity Type, 2020-2027
7.1.1. > 500 kW to 1 MW
7.1.1.1. Market Revenue and Forecast (2016-2027)
7.1.2. > 1 MW to 30 MW
7.1.2.1. Market Revenue and Forecast (2016-2027)
7.1.3. < 50 kW
7.1.3.1. Market Revenue and Forecast (2016-2027)
7.1.4. 50 kW to 500 kW
7.1.4.1. Market Revenue and Forecast (2016-2027)
7.1.5. > 70 MW to 200 MW
7.1.5.1. Market Revenue and Forecast (2016-2027)
7.1.6. >30 MW to 70 MW
7.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 8. Global Gas Turbine Market, By Product

8.1. Gas Turbine Market, by Product, 2020-2027
8.1.1. Heavy Duty
8.1.1.1. Market Revenue and Forecast (2016-2027)
8.1.2. Aero-Derivative
8.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 9. Global Gas Turbine Market, By Technology Type

9.1. Gas Turbine Market, by Technology Type, 2020-2027
9.1.1. Combined Cycle
9.1.1.1. Market Revenue and Forecast (2016-2027)
9.1.2. Open Cycle
9.1.2.1. Market Revenue and Forecast (2016-2027)

Chapter 10. Global Gas Turbine Market, By Application

10.1. Gas Turbine Market, by Application, 2020-2027
10.1.1. Process Plants
10.1.1.1. Market Revenue and Forecast (2016-2027)
10.1.2. Power Plants
10.1.2.1. Market Revenue and Forecast (2016-2027)
10.1.3. Oil & Gas
10.1.3.1. Market Revenue and Forecast (2016-2027)
10.1.4. Aviation
10.1.4.1. Market Revenue and Forecast (2016-2027)
10.1.5. Marine
10.1.5.1. Market Revenue and Forecast (2016-2027)
10.1.6. Others
10.1.6.1. Market Revenue and Forecast (2016-2027)

Chapter 11. Global Gas Turbine Market, Regional Estimates and Trend Forecast

11.1. North America
11.1.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.1.2. Market Revenue and Forecast, by Product (2016-2027)
11.1.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.1.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.5. U.S.
11.1.5.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.1.5.2. Market Revenue and Forecast, by Product (2016-2027)
11.1.5.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.1.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.1.6. Rest of North America
11.1.6.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.1.6.2. Market Revenue and Forecast, by Product (2016-2027)
11.1.6.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.1.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2. Europe
11.2.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.2.2. Market Revenue and Forecast, by Product (2016-2027)
11.2.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.2.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.5. UK
11.2.5.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.2.5.2. Market Revenue and Forecast, by Product (2016-2027)
11.2.5.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.2.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.6. Germany
11.2.6.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.2.6.2. Market Revenue and Forecast, by Product (2016-2027)
11.2.6.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.2.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.7. France
11.2.7.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.2.7.2. Market Revenue and Forecast, by Product (2016-2027)
11.2.7.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.2.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.2.8. Rest of Europe
11.2.8.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.2.8.2. Market Revenue and Forecast, by Product (2016-2027)
11.2.8.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.2.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.3. APAC
11.3.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.3.2. Market Revenue and Forecast, by Product (2016-2027)
11.3.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.3.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.5. India
11.3.5.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.3.5.2. Market Revenue and Forecast, by Product (2016-2027)
11.3.5.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.3.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.6. China
11.3.6.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.3.6.2. Market Revenue and Forecast, by Product (2016-2027)
11.3.6.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.3.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.7. Japan
11.3.7.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.3.7.2. Market Revenue and Forecast, by Product (2016-2027)
11.3.7.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.3.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.3.8. Rest of APAC
11.3.8.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.3.8.2. Market Revenue and Forecast, by Product (2016-2027)
11.3.8.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.3.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.4. MEA
11.4.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.4.2. Market Revenue and Forecast, by Product (2016-2027)
11.4.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.4.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.5. GCC
11.4.5.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.4.5.2. Market Revenue and Forecast, by Product (2016-2027)
11.4.5.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.4.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.6. North Africa
11.4.6.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.4.6.2. Market Revenue and Forecast, by Product (2016-2027)
11.4.6.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.4.6.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.7. South Africa
11.4.7.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.4.7.2. Market Revenue and Forecast, by Product (2016-2027)
11.4.7.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.4.7.4. Market Revenue and Forecast, by Application (2016-2027)
11.4.8. Rest of MEA
11.4.8.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.4.8.2. Market Revenue and Forecast, by Product (2016-2027)
11.4.8.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.4.8.4. Market Revenue and Forecast, by Application (2016-2027)
11.5. Latin America
11.5.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.5.2. Market Revenue and Forecast, by Product (2016-2027)
11.5.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.5. Brazil
11.5.5.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.5.5.2. Market Revenue and Forecast, by Product (2016-2027)
11.5.5.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.5.5.4. Market Revenue and Forecast, by Application (2016-2027)
11.5.6. Rest of LATAM
11.5.6.1. Market Revenue and Forecast, by Capacity (2016-2027)
11.5.6.2. Market Revenue and Forecast, by Product (2016-2027)
11.5.6.3. Market Revenue and Forecast, by Technology Type (2016-2027)
11.5.6.4. Market Revenue and Forecast, by Application (2016-2027)

Chapter 12. Company Profiles

12.1. Wartsila
12.1.1. Company Overview
12.1.2. Product Offerings
12.1.3. Financial Performance
12.1.4. Recent Initiatives
12.2. BHEL
12.2.1. Company Overview
12.2.2. Product Offerings
12.2.3. Financial Performance
12.2.4. Recent Initiatives
12.3. Mitsubishi Hitachi Power Systems
12.3.1. Company Overview
12.3.2. Product Offerings
12.3.3. Financial Performance
12.3.4. Recent Initiatives
12.4. Harbin Electric International Company
12.4.1. Company Overview
12.4.2. Product Offerings
12.4.3. Financial Performance
12.4.4. Recent Initiatives
12.5. Siemens AG
12.5.1. Company Overview
12.5.2. Product Offerings
12.5.3. Financial Performance
12.5.4. Recent Initiatives
12.6. Man Diesel & Turbo
12.6.1. Company Overview
12.6.2. Product Offerings
12.6.3. Financial Performance
12.6.4. Recent Initiatives
12.7. General Electric
12.7.1. Company Overview
12.7.2. Product Offerings
12.7.3. Financial Performance
12.7.4. Recent Initiatives
12.8. NPO Saturn
12.8.1. Company Overview
12.8.2. Product Offerings
12.8.3. Financial Performance
12.8.4. Recent Initiatives
12.9. Kawasaki Heavy Industries
12.9.1. Company Overview
12.9.2. Product Offerings
12.9.3. Financial Performance
12.9.4. Recent Initiatives
12.10. Solar Turbines
12.10.1. Company Overview
12.10.2. Product Offerings
12.10.3. Financial Performance
12.10.4. Recent Initiatives
12.11. Capstone Turbine
12.11.1. Company Overview
12.11.2. Product Offerings
12.11.3. Financial Performance
12.11.4. Recent Initiatives
12.12. Vericor Power Systems
12.12.1. Company Overview
12.12.2. Product Offerings
12.12.3. Financial Performance
12.12.4. Recent Initiatives
12.13. Cryosta
12.13.1. Company Overview
12.13.2. Product Offerings
12.13.3. Financial Performance
12.13.4. Recent Initiatives
12.14. AnsaldoEnergia
12.14.1. Company Overview
12.14.2. Product Offerings
12.14.3. Financial Performance
12.14.4. Recent Initiatives
12.15. Opra Turbines
12.15.1. Company Overview
12.15.2. Product Offerings
12.15.3. Financial Performance
12.15.4. Recent Initiatives
12.16. Zorya-Mashproekt
12.16.1. Company Overview
12.16.2. Product Offerings
12.16.3. Financial Performance
12.16.4. Recent Initiatives

Chapter 13. Research Methodology

13.1. Primary Research
13.2. Secondary Research
13.3. Assumptions

Chapter 14. Appendix

14.1. About Us
14.2. Glossary of Terms

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