Combustion Turbine are primarily used for power generation and direct mechanical drive for production units and feed pumps. Operating a simple cycle turbine power plant for supplying electricity to industries is costlier than purchasing it from outside. Thus, combined cycle power plants are preferred as they are more efficient. A combined heat and power (CHP) plant is an example of combined cycle power plant, which can be employed for electricity production as well as to obtain mechanical drive.
Turbines play an important role in reducing carbon emissions. In comparison with other combustion-based power generation applications, they exhibit lower emissions. With the implementation of various climate change initiatives as well as regulations to cut down GHG emissions, their potential is expected to increase in the upcoming years.
In 2019, the market size of Combustion Turbine is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Combustion Turbine.
This report studies the global market size of Combustion Turbine, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Combustion Turbine production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
General Electric
Sulzer Ltd.
Siemens Ltd
Mitsubishi Hitachi Power Systems
MAN Diesel & Turbo
Kawasaki Heavy Industries
Mechanical Dynamics & Analysis
EthosEnergy
MJB International Limited LLC
Ansaldo Energia
Market Segment by Product Type
Heavy Duty Type
Aeroderivative Type
Market Segment by Application
Oil & Gas
Power Generation
Others
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)
The study objectives are:
To analyze and research the Combustion Turbine status and future forecast in United States, European Union and China, involving sales, value (revenue), growth rate (CAGR), market share, historical and forecast.
To present the key Combustion Turbine manufacturers, presenting the sales, revenue, market share, and recent development for key players.
To split the breakdown data by regions, type, companies and applications
To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
To identify significant trends, drivers, influence factors in global and regions
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
In this study, the years considered to estimate the market size of Combustion Turbine are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025
Summary:
Get latest Market Research Reports on Combustion Turbine. Industry analysis & Market Report on Combustion Turbine is a syndicated market report, published as Global (United States, European Union and China) Combustion Turbine Market Research Report 2019-2025. It is complete Research Study and Industry Analysis of Combustion Turbine market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.