Global Gas Turbines Market Worth USD 19.6 Billion by 2020 - Analysis, Technologies & Forecasts Report 2016-2020 - Key Vendors: General Electric Company, Siemens AG & Mitsubishi Hitachi Power Systems, Ltd.

Jan 20, 2016, 08:10 ET from Research and Markets

DUBLIN, Jan. 20, 2016 /PRNewswire/ --

Research and Markets ( has announced the addition of the "Gas Turbines Market by Design Type, Rated Capacity, Application, Technology and Region - Forecast and Trends to 2020" report to their offering.

The global gas turbines market is projected to grow at a CAGR of 3.9% from 2015 to 2020, to reach a value of USD 19.6 Billion by 2020. Increasing availability of natural gas owing to the shale gas boom and higher efficiency & lower carbon emission characteristics of natural gas-fired power plants are the major factors driving the gas turbines market.

Key Topics Covered:

  • Analysis of all the operating and upcoming gas turbines and gas turbine incorporated power plant projects worldwide along with design type and rated capacity
  • Analysis of country-wide rate of electrification of the past three years
  • Analysis of the natural gas-fired power plant upgrade and commissioning across various regions
  • Estimation of installation cost of gas turbines in various regions using cost variance models
  • Estimation of unit shipments of gas turbine and arriving at the total market size using market engineering process
  • Analyzing market trends in various regions/ countries supported by the on-going gas-fired power plant infrastructure spending in respective regions/countries

Companies Mentioned:

  • Alstom S.A.
  • Ansaldo Energia S.P.A.
  • Bharat Heavy Electricals Limited
  • General Electric Company
  • Harbin Electric International Company Limited
  • Kawasaki Heavy Industries, Ltd.
  • Man Diesel & Turbo SE
  • Mitsubishi Hitachi Power Systems, Ltd.
  • Opra Turbines B.V.
  • Siemens AG
  • Solar Turbines Incorporated
  • Vericor Power Systems LLC

Report Structure:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Gas Turbines Market, By Design Type

7 Gas Turbines Market, By Rated Capacity

8 Gas Turbines Market, By Application

9 Gas Turbines Market, By Technology

10 Gas Turbines Market, By Region

11 Competitive Landscape

12 Company Profiles

13 Appendix

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SOURCE Research and Markets