Combustion Turbine are primarily used for power generation and direct mechanical drive for production units and feed pumps. Operating a simple cycle turbine power plant for supplying electricity to industries is costlier than purchasing it from outside. Thus, combined cycle power plants are preferred as they are more efficient. A combined heat and power (CHP) plant is an example of combined cycle power plant, which can be employed for electricity production as well as to obtain mechanical drive.
Turbines play an important role in reducing carbon emissions. In comparison with other combustion-based power generation applications, they exhibit lower emissions. With the implementation of various climate change initiatives as well as regulations to cut down GHG emissions, their potential is expected to increase in the upcoming years.
The report offers detailed coverage of Combustion Turbine industry and main market trends. The market research includes historical and forecast market data, demand, application details, price trends, and company shares of the leading Combustion Turbine by geography. The report splits the market size, by volume and value, on the basis of application type and geography.
The report forecast global Combustion Turbine market to grow to reach xxx Million USD in 2020 with a CAGR of xx% during the period 2021-2025.
First, this report covers the present status and the future prospects of the global Combustion Turbine market for 2015-2025.
And in this report, we analyze global market from 5 geographies: Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia], Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland], North America[United States, Canada, Mexico], Middle East & Africa[GCC, North Africa, South Africa], South America[Brazil, Argentina, Columbia, Chile, Peru].
Key Companies
General Electric
Sulzer Ltd.
Siemens Ltd
Mitsubishi Hitachi Power Systems
MAN Diesel & Turbo
Kawasaki Heavy Industries
Mechanical Dynamics & Analysis
EthosEnergy
MJB International Limited LLC
Ansaldo Energia
At the same time, we classify Combustion Turbine according to the type, application by geography. More importantly, the report includes major countries market based on the type and application.
Market Segment as follows:
Market by Order Type
Heavy Duty Type
Aeroderivative Type
Market by Application
Oil & Gas
Power Generation
Others
By Region
Asia-Pacific[China, Southeast Asia, India, Japan, Korea, Western Asia]
Europe[Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland]
North America[United States, Canada, Mexico]
Middle East & Africa[GCC, North Africa, South Africa]
South America[Brazil, Argentina, Columbia, Chile, Peru]
The research provides answers to the following key questions:
• What is the estimated growth rate and market share and size of the Combustion Turbine market for the forecast period 2021 - 2025?
• What are the driving forces in the Combustion Turbine market for the forecast period 2021 - 2025?
• Who are the prominent market players and how have they gained a competitive edge over other competitors?
• What are the market trends influencing the progress of the Combustion Turbine industry worldwide?
• What are the major challenges and threats restricting the progress of the industry?
• What opportunities does the market hold for the prominent market players?