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
Segment by Application
In this study, the years considered to estimate the market size of Gas Turbine Generators are as follows:
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:
Table of Contents
1 Report Overview
1.1 Research Scope
1.2 Top Gas Turbine Generators Manufacturers Covered: Ranking by Revenue
1.3 Market Segment by Type
1.3.1 Global Gas Turbine Generators Market Size by Type: 2015 VS 2020 VS 2026 (US$ Million)
1.3.2 Gas turbine generators rated 1.00 to 2.00 MW
1.3.3 Gas turbine generators rated 2.00 to 10.00 MW
1.3.4 Gas turbine generators rated more than 10 MW
1.4 Market Segment by Application
1.4.1 Global Gas Turbine Generators Consumption by Application: 2015 VS 2020 VS 2026
1.4.2 Power Plant
1.4.3 Oil and Gas Industry
1.4.4 Industrial Companies
1.5 Study Objectives
1.6 Years Considered
2 Global Market Perspective
2.1 Global Gas Turbine Generators Production Capacity Analysis
2.1.1 Global Gas Turbine Generators Production Value (2015-2026)
2.1.2 Global Gas Turbine Generators Production (2015-2026)
2.1.3 Global Gas Turbine Generators Capacity (2015-2026)
2.1.4 Global Gas Turbine Generators Marketing Pricing and Trends
2.2 Global Gas Turbine Generators Market Size Growth Potential by Key Producing Regions
2.2.1 Global Gas Turbine Generators Market Size by Key Producing Regions: 2015 VS 2021 VS 2026
2.2.2 Global Gas Turbine Generators Market Share by Key Producing Regions: 2021 VS 2026
2.3 Industry Trends
2.3.1 Market Top Trends
2.3.2 Market Drivers
2.3.3 Primary Interviews with Key Gas Turbine Generators Players: Views for Future
3 Market Share by Manufacturers
3.1 Global Top Manufacturers by Gas Turbine Generators Production Capacity
3.1.1 Global Top Manufacturers by Gas Turbine Generators Production Capacity (2015-2020)
3.1.2 Global Top Manufacturers by Gas Turbine Generators Production (2015-2020)
3.1.3 Global 5 and 10 Largest Manufacturers by Gas Turbine Generators Production in 2019
3.2 Global Top Manufacturers by Gas Turbine Generators Revenue
3.2.1 Global Top Manufacturers by Gas Turbine Generators Revenue (2015-2020)
3.2.2 Global Top Manufacturers Market Share by Gas Turbine Generators Revenue (2015-2020)
3.2.3 Global Gas Turbine Generators Market Concentration Ratio (CR5 and HHI)
3.3 Global Top Manufacturers Market Share by Company Type (Tier 1, Tier 2 and Tier 3) (based on the Revenue in Gas Turbine Generators as of 2019)
3.4 Global Gas Turbine Generators Average Selling Price (ASP) by Manufacturers
3.5 Key Manufacturers Gas Turbine Generators Plants/Factories Distribution and Area Served
3.6 Date of Key Manufacturers Enter into Gas Turbine Generators Market
3.7 Key Manufacturers Gas Turbine Generators Product Offered
3.8 Mergers & Acquisitions, Expansion Plans
4 Estimate and Forecast by Type (2015-2026)
4.1 Global Gas Turbine Generators Historic Market Size by Type (2015-2020)
4.1.2 Global Gas Turbine Generators Production Market Share by Type (2015-2020)
4.1.3 Global Gas Turbine Generators Production Value Market Share by Type
4.1.4 Gas Turbine Generators Average Selling Price (ASP) by Type (2015-2020)
4.2 Global Gas Turbine Generators Market Size Forecast by Type (2021-2026)
4.2.2 Global Gas Turbine Generators Production Market Share Forecast by Type (2021-2026)
4.2.3 Global Gas Turbine Generators Production Value Market Share Forecast by Type
4.2.4 Gas Turbine Generators Average Selling Price (ASP) Forecast by Type (2021-2026)
4.3 Global Gas Turbine Generators Market Share by Price Tier (2015-2020): Low-End, Mid-Range and High-End
5 Market Size by Application (2015-2026)
5.1 Global Gas Turbine Generators Consumption by Application (2015-2020)
5.2 Global Gas Turbine Generators Consumption by Application (2021-2026)
6 Production by Regions: Market Fact & Figures
6.1 Global Gas Turbine Generators Production (History Data) by Regions (2015-2020)
6.2 Global Gas Turbine Generators Production Value (History Data) by Regions
6.3 North America
6.3.1 North America Gas Turbine Generators Production Growth Rate (2015-2020)
6.3.2 North America Gas Turbine Generators Production Value Growth Rate (2015-2020)
6.3.3 Key Players Market Share in North America
6.3.4 North America Gas Turbine Generators Import & Export (2015-2020)
6.4 Europe
6.4.1 Europe Gas Turbine Generators Production Growth Rate (2015-2020)
6.4.2 Europe Gas Turbine Generators Production Value Growth Rate (2015-2020)
6.4.3 Key Players Market Share in Europe
6.4.4 Europe Gas Turbine Generators Import & Export (2015-2020)
6.5 China
6.5.1 China Gas Turbine Generators Production Growth Rate (2015-2020)
6.5.2 China Gas Turbine Generators Production Value Growth Rate (2015-2020)
6.5.3 Key Players Market Share in China
6.5.4 China Gas Turbine Generators Import & Export (2015-2020)
6.6 Japan
6.6.1 Japan Gas Turbine Generators Production Growth Rate (2015-2020)
6.6.2 Japan Gas Turbine Generators Production Value Growth Rate (2015-2020)
6.6.3 Key Players Market Share in Japan
6.6.4 Japan Gas Turbine Generators Import & Export (2015-2020)
7 Gas Turbine Generators Consumption by Regions: Market Fact & Figures
7.1 Global Gas Turbine Generators Consumption (History Data) by Regions (2015-2020)
7.2 Global Top Gas Turbine Generators Consumers (regions/countries) Ranking and Share of Total Gas Turbine Generators Consumption in 2015 VS 2019
7.3 North America
7.3.1 North America Gas Turbine Generators Consumption by Type
7.3.2 North America Gas Turbine Generators Consumption by Application
7.3.3 North America Gas Turbine Generators Consumption by Countries
7.3.4 U.S.
7.3.5 Canada
7.4 Europe
7.4.1 Europe Gas Turbine Generators Consumption by Type
7.4.2 Europe Gas Turbine Generators Consumption by Application
7.4.3 Europe Gas Turbine Generators Consumption by Countries
7.4.4 Germany
7.4.5 France
7.4.6 U.K.
7.4.7 Italy
7.4.8 Russia
7.5 Asia Pacific
7.5.1 Asia Pacific Gas Turbine Generators Consumption by Type
7.5.2 Asia Pacific Gas Turbine Generators Consumption by Application
7.5.3 Asia Pacific Gas Turbine Generators Consumption by Regions
7.5.4 China
7.5.5 Japan
7.5.6 South Korea
7.5.7 India
7.5.8 Australia
7.5.9 Taiwan
7.5.10 Indonesia
7.5.11 Thailand
7.5.12 Malaysia
7.5.13 Philippines
7.5.14 Vietnam
7.6 Central & South America
7.6.1 Central & South America Gas Turbine Generators Consumption by Type
7.6.2 Central & South America Gas Turbine Generators Consumption by Application
7.6.3 Central & South America Gas Turbine Generators Consumption by Countries
7.6.4 Mexico
7.6.5 Brazil
7.6.6 Argentina
7.7 Middle East and Africa
7.7.1 Middle East and Africa Gas Turbine Generators Consumption by Type
7.7.2 Middle East and Africa Gas Turbine Generators Consumption by Application
7.7.3 Central & South America Gas Turbine Generators Consumption by Countries
7.7.4 Turkey
7.7.5 Saudi Arabia
7.7.6 U.A.E
8 Company Profiles
8.1 GE Power Generation
8.1.1 GE Power Generation Corporation Information
8.1.2 GE Power Generation Business Overview and Total Revenue (2019 VS 2018)
8.1.3 GE Power Generation Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.1.4 Gas Turbine Generators Products and Services
8.1.5 GE Power Generation SWOT Analysis
8.1.6 GE Power Generation Recent Developments
8.2 Siemens
8.2.1 Siemens Corporation Information
8.2.2 Siemens Business Overview and Total Revenue (2019 VS 2018)
8.2.3 Siemens Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.2.4 Gas Turbine Generators Products and Services
8.2.5 Siemens SWOT Analysis
8.2.6 Siemens Recent Developments
8.3 MHPS
8.3.1 MHPS Corporation Information
8.3.2 MHPS Business Overview and Total Revenue (2019 VS 2018)
8.3.3 MHPS Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.3.4 Gas Turbine Generators Products and Services
8.3.5 MHPS SWOT Analysis
8.3.6 MHPS Recent Developments
8.4 Alstom
8.4.1 Alstom Corporation Information
8.4.2 Alstom Business Overview and Total Revenue (2019 VS 2018)
8.4.3 Alstom Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.4.4 Gas Turbine Generators Products and Services
8.4.5 Alstom SWOT Analysis
8.4.6 Alstom Recent Developments
8.5 Rolls-Royce
8.5.1 Rolls-Royce Corporation Information
8.5.2 Rolls-Royce Business Overview and Total Revenue (2019 VS 2018)
8.5.3 Rolls-Royce Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.5.4 Gas Turbine Generators Products and Services
8.5.5 Rolls-Royce SWOT Analysis
8.5.6 Rolls-Royce Recent Developments
8.6 Kawasaki
8.6.1 Kawasaki Corporation Information
8.6.3 Kawasaki Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.6.3 Kawasaki Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.6.4 Gas Turbine Generators Products and Services
8.6.5 Kawasaki SWOT Analysis
8.6.6 Kawasaki Recent Developments
8.7 Solar Turbines
8.7.1 Solar Turbines Corporation Information
8.7.2 Solar Turbines Business Overview and Total Revenue (2019 VS 2018)
8.7.3 Solar Turbines Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.7.4 Gas Turbine Generators Products and Services
8.7.5 Solar Turbines SWOT Analysis
8.7.6 Solar Turbines Recent Developments
8.8 Power Machines
8.8.1 Power Machines Corporation Information
8.8.2 Power Machines Business Overview and Total Revenue (2019 VS 2018)
8.8.3 Power Machines Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.8.4 Gas Turbine Generators Products and Services
8.8.5 Power Machines SWOT Analysis
8.8.6 Power Machines Recent Developments
8.9 MAN Diesel & Turbo
8.9.1 MAN Diesel & Turbo Corporation Information
8.9.2 MAN Diesel & Turbo Business Overview and Total Revenue (2019 VS 2018)
8.9.3 MAN Diesel & Turbo Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.9.4 Gas Turbine Generators Products and Services
8.9.5 MAN Diesel & Turbo SWOT Analysis
8.9.6 MAN Diesel & Turbo Recent Developments
8.10 AVIC
8.10.1 AVIC Corporation Information
8.10.2 AVIC Business Overview and Total Revenue (2019 VS 2018)
8.10.3 AVIC Gas Turbine Generators Production Capacity, Revenue, Average Selling Price (ASP) and Gross Margin (2015-2020)
8.10.4 Gas Turbine Generators Products and Services
8.10.5 AVIC SWOT Analysis
8.10.6 AVIC Recent Developments
9 Gas Turbine Generators Production Side by Producing Regions (Countries)
9.1 Global Gas Turbine Generators Production Value Forecast by Region (2021-2026)
9.2 Gas Turbine Generators Production Forecast by Regions
9.3 Key Gas Turbine Generators Producing Regions Forecast
9.3.1 North America
9.3.2 Europe
9.3.3 China
9.3.4 Japan
10 Gas Turbine Generators Consumption Forecast by Top Consumers (Regions/Countries)
10.1 Global Gas Turbine Generators Consumption Forecast by Region (2021-2026)
10.2 North America Market Consumption YoY Growth Forecast
10.2.1 North America Gas Turbine Generators Consumption YoY Growth (2021-2026)
10.2.2 North America Gas Turbine Generators Consumption Forecast by Country (2021-2026)
10.3 Europe Market Consumption YoY Growth Forecast
10.3.1 Europe Gas Turbine Generators Consumption YoY Growth (2021-2026)
10.3.2 Europe Gas Turbine Generators Consumption Forecast by Country (2021-2026)
10.4 Asia Pacific Market Consumption YoY Growth Forecast
10.4.1 Asia Pacific Gas Turbine Generators Consumption YoY Growth (2021-2026)
10.4.1 Asia Pacific Gas Turbine Generators Consumption Forecast by Regions (2021-2026)
10.5 Latin America Market Consumption YoY Growth Forecast
10.5.1 Latin America Gas Turbine Generators Consumption YoY Growth (2021-2026)
10.5.2 Latin America Gas Turbine Generators Consumption Forecast by Country (2021-2026)
10.6 Middle East and Africa Market Consumption YoY Growth Forecast
10.6.1 Middle East and Africa Gas Turbine Generators Consumption YoY Growth (2021-2026)
10.6.2 Middle East and Africa Gas Turbine Generators Consumption Forecast by Country (2021-2026)
11 Value Chain and Sales Channels Analysis
11.1 Value Chain Analysis
11.2 Sales Channels Analysis
11.2.1 Gas Turbine Generators Sales Channels
11.2.2 Gas Turbine Generators Distributors
11.3 Gas Turbine Generators Customers
12 Opportunities & Challenges, Threat and Affecting Factors
12.1 Market Opportunities
12.2 Market Challenges
12.3 Porter's Five Forces Analysis
13 Key Findings
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers