Gas Turbine Generators Market Size, Share, Growth, Trends, Production, Consumption and Forecast 2019 to 2026

Published Date : Jan 2020 | No. of Pages : 140 Pages | Category :

The Gas Turbine Generators market size was valued at US$ 30100 Million in 2018 and is projected to reach US$ 47500 Million by 2026, at a CAGR of 6.5% during the forecast period.

Gas turbine generator is a device used to generate power. The most important part, gas turbine, is a type of internal combustion (IC) engine in which burning of an air-fuel mixture produces hot gases that spin a turbine to produce power.

The statistical data is based on gas turbine generator set. The rated power of the gas turbine is above 1MW.

As one of the most important equipment for electricity generation, gas turbine generator plays a valuable role in power industry. The larger and larger downstream demand drives gas turbine generator industry developing.

In this report, the gas turbine generator discussed mainly stands for gas turbine generator set, which includes three parts: gas turbine, generator and control systems. And among the three key parts, gas turbine is the most important one. Company who can produce gas turbine will become the leading manufacturer of gas turbine generator in the industry.

In terms of production side, this report researches the Gas Turbine Generators capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.

In terms of consumption side, this report focuses on the consumption of Gas Turbine Generators by regions (countries) and application.

The Gas Turbine Generators market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report provides size (in terms of volume and value) of Gas Turbine Generators market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

This report focuses on the global Gas Turbine Generators market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Gas Turbine Generators market development in United States, Europe and China.

It is pertinent to consider that in a volatile global economy, we haven’t just conducted Gas Turbine Generators market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.

With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Gas Turbine Generators market companies.

Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Gas Turbine Generators market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.

The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.

Overall, this is an in-depth research report specifically for the Gas Turbine Generators industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.

Gas Turbine Generators market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Gas Turbine Generators market.

Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Gas Turbine Generators market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.

Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Gas Turbine Generators market. These factors have benefited the growth of the global market for Gas Turbine Generators. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.

New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Gas Turbine Generators. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).

The major vendors covered:

GE Power Generation

Siemens

MHPS

Alstom

Rolls-Royce

Kawasaki

Solar Turbines

Power Machines

MAN Diesel & Turbo

AVIC

Market Segmentation

The report includes a detailed analysis of leading and by Type and by Application segments of the global Gas Turbine Generators market. All of the segments covered in the report are broadly analyzed based on some deciding factors. The segmental analysis section of the report offers value, volume analysis and forecast of the global Gas Turbine Generators market by Type and by Application segment for the period 2015-2026.

Segment by Type

  • Gas turbine generators rated 1.00 to 2.00 MW
  • Gas turbine generators rated 2.00 to 10.00 MW
  • Gas turbine generators rated more than 10 MW

Segment by Application

  • Power Plant
  • Oil and Gas Industry
  • Industrial Companies

In this study, the years considered to estimate the market size of Gas Turbine Generators are as follows:

  • History Year: 2015-2018
  • Base Year: 2018
  • Estimated Year: 2019
  • Forecast Year 2019 to 2026

Reasons to Purchase this Report:

- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are: 

  • To analyze and study the global market capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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