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Market Research Report
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1035585

Global Gas Turbine Market 2021-2025

Published: | TechNavio (Infiniti Research Ltd.) | 120 Pages | Delivery time: 1-2 business days

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Global Gas Turbine Market 2021-2025
Published: August 18, 2021
TechNavio (Infiniti Research Ltd.)
Content info: 120 Pages
Delivery time: 1-2 business days
  • Description
  • Table of Contents

Technavio has been monitoring the gas turbine market and it is poised to grow by $ 2.54 bn during 2021-2025, progressing at a CAGR of 1.88% during the forecast period. Our report on the gas turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by enhanced efficiency and robustness of gas turbines and the growth of distributed power generation base. In addition, enhanced efficiency and robustness of gas turbines is anticipated to boost the growth of the market as well.

The gas turbine market analysis includes technology, product, and end-user segments and geographic landscape.

Technavio's gas turbine market is segmented as below:

By Technology

  • CCGT
  • OCGT

By Product

  • Heavy-duty gas turbine
  • Aeroderivative gas turbine

By End-user

  • Power generation
  • Mobility
  • Oil and gas
  • Others

By Geographical Landscape

  • APAC
  • North America
  • Europe
  • MEA
  • South America

This study identifies the expanding natural gas pipeline networksas one of the prime reasons driving the gas turbine market growth during the next few years.

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

  • Gas turbine market sizing
  • Gas turbine market forecast
  • Gas turbine market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading gas turbine market vendors that include Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Green Energy Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG. Also, the gas turbine market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.

Product Code: IRTNTR43446

Table of Contents

  • Executive Summary
    • Market Overview
  • Market Landscape
    • Market ecosystem
    • Value chain analysis
  • Market Sizing
    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025
  • Five Forces Analysis
    • 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 2020-2025
    • Aeroderivative gas turbine - Market size and forecast 2020-2025
    • Market opportunity by Product
  • Market Segmentation by Technology
    • Market segments
    • Comparison by Technology
    • CCGT - Market size and forecast 2020-2025
    • OCGT - Market size and forecast 2020-2025
    • Market opportunity by Technology
  • Market Segmentation by End-user
    • Market segments
    • Comparison by End-user
    • Power generation - Market size and forecast 2020-2025
    • Mobility - Market size and forecast 2020-2025
    • Oil and gas - Market size and forecast 2020-2025
    • Others - Market size and forecast 2020-2025
    • Market opportunity by End-user
  • Customer landscape
  • Geographic Landscape
    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity By Geographical Landscape
    • Market drivers
    • Market challenges
    • Market trends
  • Vendor Landscape
    • Overview
    • Landscape disruption
  • Vendor Analysis
    • Vendors covered
    • Market positioning of vendors
    • Ansaldo Energia Spa
    • Bharat Heavy Electricals Ltd.
    • Capstone Green Energy 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

Exhibits

  • 1: Key Finding 1
  • 2: Key Finding 2
  • 3: Key Finding 3
  • 4: Key Finding 5
  • 5: Key Finding 6
  • 6: Key Finding 7
  • 7: Key Finding 8
  • 8: Key Finding 9
  • 9: Key Finding 10
  • 10: Parent market
  • 11: Market characteristics
  • 12: Offerings of vendors included in the market definition
  • 13: Market segments
  • 14: Global - Market size and forecast 2020 - 2025 ($ million)
  • 15: Global market: Year-over-year growth 2020 - 2025 (%)
  • 16: Five forces analysis 2020 & 2025
  • 17: Bargaining power of buyers
  • 18: Bargaining power of suppliers
  • 19: Threat of new entrants
  • 20: Threat of substitutes
  • 21: Threat of rivalry
  • 22: Market condition - Five forces 2020
  • 23: Product - Market share 2020-2025 (%)
  • 24: Comparison by Product
  • 25: Heavy-duty gas turbine - Market size and forecast 2020-2025 ($ million)
  • 26: Heavy-duty gas turbine - Year-over-year growth 2020-2025 (%)
  • 27: Aeroderivative gas turbine - Market size and forecast 2020-2025 ($ million)
  • 28: Aeroderivative gas turbine - Year-over-year growth 2020-2025 (%)
  • 29: Market opportunity by Product
  • 30: Technology - Market share 2020-2025 (%)
  • 31: Comparison by Technology
  • 32: CCGT - Market size and forecast 2020-2025 ($ million)
  • 33: CCGT - Year-over-year growth 2020-2025 (%)
  • 34: OCGT - Market size and forecast 2020-2025 ($ million)
  • 35: OCGT - Year-over-year growth 2020-2025 (%)
  • 36: Market opportunity by Technology
  • 37: End-user - Market share 2020-2025 (%)
  • 38: Comparison by End-user
  • 39: Power generation - Market size and forecast 2020-2025 ($ million)
  • 40: Power generation - Year-over-year growth 2020-2025 (%)
  • 41: Mobility - Market size and forecast 2020-2025 ($ million)
  • 42: Mobility - Year-over-year growth 2020-2025 (%)
  • 43: Oil and gas - Market size and forecast 2020-2025 ($ million)
  • 44: Oil and gas - Year-over-year growth 2020-2025 (%)
  • 45: Others - Market size and forecast 2020-2025 ($ million)
  • 46: Others - Year-over-year growth 2020-2025 (%)
  • 47: Market opportunity by End-user
  • 48: Customer landscape
  • 49: Market share By Geographical Landscape 2020-2025 (%)
  • 50: Geographic comparison
  • 51: APAC - Market size and forecast 2020-2025 ($ million)
  • 52: APAC - Year-over-year growth 2020-2025 (%)
  • 53: North America - Market size and forecast 2020-2025 ($ million)
  • 54: North America - Year-over-year growth 2020-2025 (%)
  • 55: Europe - Market size and forecast 2020-2025 ($ million)
  • 56: Europe - Year-over-year growth 2020-2025 (%)
  • 57: MEA - Market size and forecast 2020-2025 ($ million)
  • 58: MEA - Year-over-year growth 2020-2025 (%)
  • 59: South America - Market size and forecast 2020-2025 ($ million)
  • 60: South America - Year-over-year growth 2020-2025 (%)
  • 61: Key leading countries
  • 62: Market opportunity By Geographical Landscape ($ million)
  • 63: Impact of drivers and challenges
  • 64: Vendor landscape
  • 65: Landscape disruption
  • 66: Industry risks
  • 67: Vendors covered
  • 68: Market positioning of vendors
  • 69: Ansaldo Energia Spa - Overview
  • 70: Ansaldo Energia Spa - Business segments
  • 71: Ansaldo Energia Spa - Key offerings
  • 72: Ansaldo Energia Spa - Key customers
  • 73: Ansaldo Energia Spa - Segment focus
  • 74: Bharat Heavy Electricals Ltd. - Overview
  • 75: Bharat Heavy Electricals Ltd. - Business segments
  • 76: Bharat Heavy Electricals Ltd. - Key offerings
  • 77: Bharat Heavy Electricals Ltd. - Key customers
  • 78: Bharat Heavy Electricals Ltd. - Segment focus
  • 79: Capstone Green Energy Corp. - Overview
  • 80: Capstone Green Energy Corp. - Business segments
  • 81: Capstone Green Energy Corp. - Key offerings
  • 82: Capstone Green Energy Corp. - Key customers
  • 83: Capstone Green Energy Corp. - Segment focus
  • 84: Caterpillar Inc. - Overview
  • 85: Caterpillar Inc. - Business segments
  • 86: Caterpillar Inc. - Key offerings
  • 87: Caterpillar Inc. - Key customers
  • 88: Caterpillar Inc. - Segment focus
  • 89: General Electric Co. - Overview
  • 90: General Electric Co. - Business segments
  • 91: General Electric Co. - Key offerings
  • 92: General Electric Co. - Key customers
  • 93: General Electric Co. - Segment focus
  • 94: IHI Corp. - Overview
  • 95: IHI Corp. - Business segments
  • 96: IHI Corp. - Key offerings
  • 97: IHI Corp. - Key customers
  • 98: IHI Corp. - Segment focus
  • 99: Kawasaki Heavy Industries Ltd. - Overview
  • 100: Kawasaki Heavy Industries Ltd. - Business segments
  • 101: Kawasaki Heavy Industries Ltd. - Key offerings
  • 102: Kawasaki Heavy Industries Ltd. - Key customers
  • 103: Kawasaki Heavy Industries Ltd. - Segment focus
  • 104: Mitsubishi Heavy Industries Ltd. - Overview
  • 105: Mitsubishi Heavy Industries Ltd. - Business segments
  • 106: Mitsubishi Heavy Industries Ltd. - Key offerings
  • 107: Mitsubishi Heavy Industries Ltd. - Key customers
  • 108: Mitsubishi Heavy Industries Ltd. - Segment focus
  • 109: OPRA Turbines - Overview
  • 110: OPRA Turbines - Product and service
  • 111: OPRA Turbines - Key offerings
  • 112: OPRA Turbines - Key customers
  • 113: OPRA Turbines - Segment focus
  • 114: Siemens AG - Overview
  • 115: Siemens AG - Business segments
  • 116: Siemens AG - Key offerings
  • 117: Siemens AG - Key customers
  • 118: Siemens AG - Segment focus
  • 119: Currency conversion rates for US$
  • 120: Research Methodology
  • 121: Validation techniques employed for market sizing
  • 122: Information sources
  • 123: List of abbreviations