Global Gas Turbine Market Forecasts From 2018 To 2023
DESCRIPTION Global Gas Turbine Market was estimated to be worth $18.141 billion in 2017 and is projected to witness a compound annual growth rate of 3.14% over the forecast period to reach a total market size of $21.173 billion by the end of 2022. Growing demand for power worldwide, growth in shale gas exploration and increasing investment in energy and power sector by governments are some of the factors contributing to the growth of gas turbine market. Fluctuations in the global power generation industry and economic benefit of coal power generation may affect its growth in some major countries restricting the expected overall growth. Asia Pacific accounts for a bulk of the demand for gas turbines and will continue to dominate the global market over the forecast period. Rapid urbanization, increasing investment in energy infrastructure and industrialization are some of the factors complementing the market growth. The first section of the report deals with detailed research methodology for calculating market size and forecasts, secondary data sources used and the primary inputs which were taken for data validation. This section also outlines various segmentations which have been covered as part of the report.
Key Questions Answered By The Report ▪What will be Global Gas Turbine Market from 2019 to 2024? ▪How are the major drivers and restraints affecting the Global Gas Turbine Market ▪growth and the opportunities which exist for key vendors? ▪Which segment and region will drive or lead the market growth and why?
▪A comprehensive analysis of competitive landscape and key market participant’s behavior ▪Key strategies being adopted by vendors, with in-depth analysis along with their impact on competition and market growth
Geography
Americas
US
Canada
Brazil
Mexico
Others
▪
Europe Middle East and Africa
United Kingdom
Germany
France
Saudi Arabia
Others
Geography
▪ Asia Pacific Japan
China India Australia Others
Geography
Asia-Pacific Japan China India South Korea Others
Segments Covered Under Global Storage Market: ▪ ▪ ▪ ▪
By Power Rating <100 MW >100MW - <300MW >300 MW
▪ ▪ ▪ ▪
By Type Gas Cycle Combined Cycle Cogeneration
▪ ▪ ▪ ▪ ▪ ▪
By Application Power Generation Oil and Gas Others nology Others
COMPANY PROFILES ▪ ▪ ▪ ▪ ▪ ▪
Siemens GE Mitsubishi Bharat Heavy Electricals Toshiba List is not exhaustive*)
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