Industrial Gas Turbines market is Projected to grow at 2.40% CAGR during the period 2017-2021. Network Consulting Industry research report also provides granular analysis of the market share, segmentation, revenue forecasts and geographic regions of the market.
Global Industrial Gas Turbines market to grow at a CAGR of 2.40% during the period 2017-2021.
Gas turbines are combustion turbines; these plants include an internal combustion engine, wherein the fuel is mixed with air, causing ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which results in the rotation of the turbine. Gas turbines are used in power generation, cogeneration, mobility, and mechanical drive applications. Apart from the power sector, the demand for gas turbines from various industries has increased significantly in the last decade. With the growing availability of natural gas fuel and favorable regulations, it is expected that the demand for gas turbines in various industries will increase further during the forecast period
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Covered in this report
The report covers the present scenario and the growth prospects of the global industrial gas turbines market for 2017-2021. The market size is calculated based on the demand for gas turbines from industrial applications.
The market is divided into the following segments based on geography:
Americas, APAC, EMEA
Research report, Global Industrial Gas Turbines Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors – GE, Siemens, Ansaldo Energia, Kawasaki Heavy industries, Mitsubishi Hitachi Power Systems
Other prominent vendors – Mitsubishi Heavy Industries, MAN Diesel & Turbo, MOTOR SICH JSC, Niigata Power Systems, Opra Technologies, Solar Turbines
Market driver – Consolidation of market vendors, For a full, detailed list, view our report
Market challenge – Contraction in mining industry in China, For a full, detailed list, view our report
Market trend – Growth in natural gas pipeline networks, For a full, detailed list, view our report
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be? What are the key market trends? What is driving this market? What are the challenges to market growth? Who are the key vendors in this market space? What are the market opportunities and threats faced by the key vendors? What are the strengths and weaknesses of the key vendors?
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Related Reports: –
Global Industrial Gas Turbines Market Research Report 2017
In this report, the global Industrial Gas Turbines market is valued at USD XX million in 2016 and is expected to reach USD XX million by the end of 2022, growing at a CAGR of XX% between 2016 and 2022.
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