PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755752
PUBLISHER: SPER Market Research Pvt. Ltd. | PRODUCT CODE: 1755752
Europe Aeroderivative Gas Turbine Market Introduction and Overview
According to SPER market research, 'Europe Aeroderivative Gas Turbine Market Size- By Capacity, By Technology, By Application - Regional Outlook, Competitive Strategies and Segment Forecast to 2034' state that the Europe Aeroderivative Gas Turbine Market is predicted to reach 1.94 billion by 2034 with a CAGR of 5.95%.
Aeroderivative gas turbines are a lighter version of conventional gas turbines designed for air use, like in airplanes. They effectively mix fuel and air to break down gasoline into smaller particles for burning. These turbines are reliable, flexible, efficient, and affordable, providing cheaper power, better grid quality, and cleaner energy with lower emissions compared to reciprocating engines.
Restraints: AGTs' high production costs become a major obstacle, making it challenging to stay in business. Potential purchasers are need to conquer this market. Alternative energy sources like solar and wind have the potential to compete because they are less maintenance-intensive and more sustainable.
Scope of the report:
Report Metric Details
Market size available for years 2021-2034
Base year considered 2024
Forecast period 2025-2034
Segments covered By Capacity, By Technology, By Application
Regions covered France, Germany, Italy, Spain, United Kingdom, Rest of Europe
Companies Covered Ansaldo Energia, Baker Hughes Company, Bharat Heavy Electricals Limited, Capstone Green Energy Corporation, Collins Aerospace, General Electric, Harbin Electric Corporation, Kawasaki Heavy Industries, Ltd, MAN Energy Solutions, Mitsubishi Heavy Industries, OPRA Turbines, Pratt & Whitney.
Europe Aeroderivative Gas Turbine Market Segmentation:
By Capacity: Based on the Capacity, Europe Aeroderivative Gas Turbine Market is segmented as; <= 50 kW, > 50 to 500 kW, > 500 kW to 1 MW, > 1 to 30 MW, > 30 to 70 MW, > 70 MW.
By Technology: Based on the Technology, Europe Aeroderivative Gas Turbine Market is segmented as; Open Cycle, Combined Cycle.
By Application: Based on the Application, Europe Aeroderivative Gas Turbine Market is segmented as; Power Plants, Oil & Gas, Process Plants, Aviation, Marine, Others.
By Region: This research also includes data for France, Germany, Italy, Spain, United Kingdom, Rest of Europe.