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Gas Turbine Market 2020-2024 | Enhanced Efficiency of Gas Turbines to Boost Growth | Technavio

Technavio (PRNewsfoto/Technavio)

News provided by

Technavio

Jul 29, 2021, 02:00 ET

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NEW YORK, July 29, 2021 /PRNewswire/ -- Technavio has been monitoring the gas turbine market and it is poised to grow by USD 2.44 billion during 2020-2024, progressing at a CAGR of almost 2% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.

Download a Free Sample Report to Know More

Technavio has announced its latest market research report titled Gas Turbine Market by Product, End-user, Technology, and Geography - Forecast and Analysis 2020-2024
Technavio has announced its latest market research report titled Gas Turbine Market by Product, End-user, Technology, and Geography - Forecast and Analysis 2020-2024

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Ansaldo Energia Spa, Bharat Heavy Electricals Ltd, Capstone Turbine Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG are some of the major market participants. The enhanced efficiency of gas turbines will offer immense growth opportunities. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Gas Turbine Market 2020-2024: Segmentation

Gas Turbine Market is segmented as below:

  • Product
    • Heavy-duty Gas Turbine
    • Aeroderivative Gas Turbine
  • End-user
    • Power Generation
    • Mobility
    • Oil And Gas
    • Others
  • Technology
    • CCGT
    • OCGT
  • Geography
    • APAC
    • MEA
    • North America
    • Europe
    • South America

To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR43446

Related Reports on Industrials Include:
Global Marine Turbine Propulsion Engine Market
 - Global marine turbine propulsion engine market is segmented by end-user (commercial and naval ships and leisure ships) and geography (APAC, Europe, MEA, North America, and South America).
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Global Industrial Brakes Market - Global industrial brakes market is segmented by end-user (oil and gas, construction, metals and mining, power, and others) and geography (North America, Europe, APAC, South America, and MEA).
Download Exclusive Free Sample Report

Gas Turbine Market 2020-2024: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our gas turbine market report covers the following areas:

  • Gas Turbine Market size
  • Gas Turbine Market trends
  • Gas Turbine Market industry analysis

This study identifies the development of GTCC and IGCC technologies as one of the prime reasons driving the gas turbine market growth during the next few years.

Gas Turbine Market 2020-2024: Vendor Analysis

We provide a detailed analysis of around 25 vendors operating in the Gas Turbine Market, including some of the vendors such as Ansaldo Energia Spa, Bharat Heavy Electricals Ltd, Capstone Turbine Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG. Backed with competitive intelligence and benchmarking, our research reports on the Gas Turbine Market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.

Register for a free trial today and gain instant access to 17,000+ market research reports.
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Gas Turbine Market 2020-2024: Key Highlights

  • CAGR of the market during the forecast period 2020-2024
  • Detailed information on factors that will assist gas turbine market growth during the next five years
  • Estimation of the gas turbine market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the gas turbine market
  • Analysis of the market's competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of gas turbine market vendors

Table Of Contents :

Executive Summary

Market Landscape

  • Market ecosystem
  • Value chain analysis

Market Sizing

  • Market definition
  • Market segment analysis
  • Market size 2019
  • Market outlook: Forecast for 2019 - 2024

Five Forces Analysis

  • Five forces summary
  • Bargaining power of buyers
  • Bargaining power of suppliers
  • Threat of new entrants
  • Threat of substitutes
  • Threat of rivalry
  • Market condition

Market Segmentation by Product

  • Market segments
  • Comparison by Product
  • Heavy-duty gas turbine - Market size and forecast 2019-2024
  • Aeroderivative gas turbine - Market size and forecast 2019-2024
  • Market opportunity by Product

Market Segmentation by Technology

  • Market segments
  • Comparison by Technology
  • CCGT - Market size and forecast 2019-2024
  • OCGT - Market size and forecast 2019-2024
  • Market opportunity by Technology

Market Segmentation by End-user

  • Market segments
  • Comparison by End-user
  • Power generation - Market size and forecast 2019-2024
  • Mobility - Market size and forecast 2019-2024
  • Oil and gas - Market size and forecast 2019-2024
  • Others - Market size and forecast 2019-2024
  • Market opportunity by End-user

Customer Landscape

Geographic Landscape

  • Geographic segmentation
  • Geographic comparison
  • APAC - Market size and forecast 2019-2024
  • MEA - Market size and forecast 2019-2024
  • North America - Market size and forecast 2019-2024
  • Europe - Market size and forecast 2019-2024
  • South America - Market size and forecast 2019-2024
  • Key leading countries
  • Market opportunity by geography
  • Market drivers – Demand led growth
  • Market challenges
  • Market trends

Vendor Landscape

  • Vendor landscape
  • Vendor landscape
  • Landscape disruption

Vendor Analysis

  • Vendors covered
  • Market positioning of vendors
  • Ansaldo Energia Spa
  • Bharat Heavy Electricals Ltd.
  • Capstone Turbine Corp.
  • Caterpillar Inc.
  • General Electric Co.
  • IHI Corp.
  • Kawasaki Heavy Industries Ltd.
  • Mitsubishi Heavy Industries Ltd.
  • OPRA Turbines
  • Siemens AG

Appendix

  • Scope of the report
  • Currency conversion rates for US$
  • Research methodology
  • List of abbreviations

About Us

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

Contact

Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
Report: www.technavio.com/report/gas-turbine-market-industry-analysis

SOURCE Technavio

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