Pune, India -- (SBWIRE) -- 02/26/2019 -- The global gas turbine market size is anticipated to around USD 31.2 billion by 2026, this market is anticipated to grow with 5.0% CAGR during the forecast time period.

The market is required to be driven by increasing pressure from worldwide organizations to diminish carbon impression, alongside low shale gas costs.

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Motivating forces given by local governments to gas-based power generation organizations to battle expanding carbon impressions are probably going to drive showcase development. Gas turbines saw a particular increment in 2015, indicating an adjustment in arrangements by power generators to gain by low gas costs. The absolute biggest gas turbine shipments are assessed to make a beeline for Latin America, U.S., and Europe. In any case, Asia Pacific will probably show the quickest development rate within a coming years.

Post 2016, steam turbine orders are grabbing also, impersonating the pattern in gas turbines, attributable to rising CHP establishments over the globe. Combined cycle power generation is the most proficient type of innovation to produce power. This innovation portion additionally represents the biggest offer in the gas turbine market.

Gas power production in Asia Pacific is still at a beginning stage, yet with forceful advancement programs embraced by the territorial governments to enhance gas foundation, the district is slated to observe fast development. India is additionally expanding its attention on the utilization of cleaner resources.

In January 2017, Siemens and Marubeni reported plans to construct a 1,200 MW combined cycle power plant in Thailand. In 2015, the organization sold around 18 models of SGT-800 modern gas turbines to Thailand. Six of these turbines had a limit of 53 MW each, while the limit of the staying twelve units was 50.5 MW each. The units were planned to be introduced in nine joined cycle cogeneration control plants with a complete introduced electrical limit of 1100 MW.

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The global gas turbine market is segmented into capacity, technology, application, and region. On the basis of capacity, the global gas turbine market is segmented into ?200 MW and >200 MW. On the basis of technology, the global gas turbine market is segmented into Open Cycle and Combined Cycle. On the basis of application, the global gas turbine market is segmented into Power Generation, Industrial, and Aviation. On the basis of region the global Gas turbine market is bifurcated into Europe, Latin America, North America, Middle East & Africa, and Asia Pacific.

North America and Europe represent the biggest offer of power stations being decommissioned. This is due to a mainstream of the power plants are in the second period of their life cycle. In Europe, air contamination hardware of various plants that have not been updated were to be shut by 2015. Maturing limits and authoritative activities made a potential substitution showcase. MEA is anticipated to emerge as the second biggest market in terms of orders and capacity additions. This region was esteemed at more than USD 5,000 million out of 2017. Expanding request can be credited to rising inclination toward gas-fired combined cycle plants in the territorial oil and gas industry.

Central and South America is additionally a rewarding business sector for clean energy. Since 1990, Brazil has been effectively reassuring cogeneration, which has brought about more than 1,200 MW of on location or on-site gas-terminated volume. Brazil, Peru, Chile, and Uruguay are the most conspicuous markets in the area. Growths in clean energy projects in the emerging regions are making solid development potential for gas and steam turbines. Alongside rising interest for electric power through clean energy sources, numerous nations in this area have promised to diminish GHG emissions. These variables are required to decidedly affect the market.

The key players catering to the global Gas turbine market are Zorya-Mashproekt,
General Electric, Harbin Electric International Company, Siemens AG, NPO Saturn, Wartsila, Cryostar, Mitsubishi Hitachi Power Systems, Capstone Turbine, BHEL, Man Diesel & Turbo, Kawasaki Heavy Industries, Vericor Power Systems, Ansaldo Energia, Opra Turbines, and Solar Turbines. Significant strategic initiatives undertaken by global businesses include partnerships, new product launch, and acquisitions.

Table Of Contents:

CHAPTER 1. INDUSTRY OVERVIEW

1.1. Definition and Scope
1.1.1. Definition of Gas Turbine
1.1.2. Market Segmentation
1.1.3. List of Abbreviations
1.2. Summary
1.2.1. Market Snapshot
1.2.2. Gas Turbine Market By Capacity
1.2.2.1. Global Gas Turbine Market Revenue and Growth Rate Comparison By Capacity (2015-2026)
1.2.2.2. Global Gas Turbine Market Revenue Share By Capacity in 2017
1.2.2.3. ?200 MW
1.2.2.4. >200 MW
1.2.2.5. Others
1.2.3. Gas Turbine Market By Technology
1.2.3.1. Global Gas Turbine Market Revenue and Growth Rate Comparison By Technology (2015-2026)
1.2.3.2. Open Cycle
1.2.3.3. Combined Cycle
1.2.3.4. Others
1.2.4. Gas Turbine Market By Application
1.2.4.1. Global Gas Turbine Market Revenue and Growth Rate Comparison By Application (2015-2026)
1.2.4.2. Power Generation
1.2.4.3. Industrial
1.2.4.4. Aviation
1.2.4.5. Others
1.2.5. Gas Turbine Market by Geography
1.2.5.1. Global Gas Turbine Market Revenue and Growth Rate Comparison by Geography (2015-2026)
1.2.5.2. North America Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.3. Europe Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.4. Asia-Pacific Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.5. Latin America Gas Turbine Market Revenue and Growth Rate (2015-2026)
1.2.5.6. Middle East and Africa (MEA) Gas Turbine Market Revenue and Growth Rate (2015-2026)

CHAPTER 2. MARKET DYNAMICS AND COMPETITION ANALYSIS

2.1. Market Drivers
2.2. Restraints and Challenges
2.3. Growth Opportunities
2.4. Porter's Five Forces Analysis
2.4.1. Bargaining Power of Suppliers
2.4.2. Bargaining Power of Buyers
2.4.3. Threat of Substitute
2.4.4. Threat of New Entrants
2.4.5. Degree of Competition
2.5. Value Chain Analysis
2.6. Cost Structure Analysis
2.6.1. Raw Material and Suppliers
2.6.2. Manufacturing Process Analysis
2.7. Regulatory Compliance
2.8. Competitive Landscape, 2017
2.8.1. Player Positioning Analysis
2.8.2. Key Strategies Adopted By Leading Players

CHAPTER 3. MANUFACTURING PLANTS ANALYSIS

3.1. Capacity and Commercial Production Date of Global Gas Turbine Major Manufacturers in 2017
3.2. Manufacturing Plants Distribution of Global Gas Turbine Major Manufacturers in 2017
3.3. R&D Status and Technology Source of Global Gas Turbine Major Manufacturers in 2017
3.4. Raw Materials Sources Analysis of Global Gas Turbine Major Manufacturers in 2017

CHAPTER 4. GAS TURBINE MARKET BY CAPACITY

4.1. Global Gas Turbine Revenue By Capacity
4.2. ?200 MW
4.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.3. >200 MW
4.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
4.4. Other
4.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
4.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 5. GAS TURBINE MARKET BY TECHNOLOGY

5.1. Global Gas Turbine Revenue By Technology
5.2. Open Cycle
5.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.3. Combined Cycle
5.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
5.4. Others
5.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
5.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 6. GAS TURBINE MARKET BY APPLICATION

6.1. Global Gas Turbine Revenue By Application
6.2. Power Generation
6.2.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.2.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.3. Industrial
6.3.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.3.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.4. Aviation
6.4.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.4.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)
6.5. Others
6.5.1. Market Revenue and Growth Rate, 2015 - 2026 ($Million)
6.5.2. Market Revenue and Forecast, By Region, 2015 - 2026 ($Million)

CHAPTER 7. NORTH AMERICA GAS TURBINE MARKET BY COUNTRY

7.1. North America Gas Turbine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
7.2. North America Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
7.3. U.S.
7.3.1. U.S. Gas Turbine Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
7.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.4. Canada
7.4.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
7.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
7.5. Mexico
7.5.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
7.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
7.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 8. EUROPE GAS TURBINE MARKET BY COUNTRY

8.1. Europe Gas Turbine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
8.2. Europe Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
8.3. UK
8.3.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
8.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.4. Germany
8.4.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
8.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.5. France
8.5.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
8.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.6. Spain
8.6.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
8.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
8.7. Rest of Europe
8.7.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
8.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
8.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 9. ASIA-PACIFIC GAS TURBINE MARKET BY COUNTRY

9.1. Asia-Pacific Gas Turbine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
9.2. Asia-Pacific Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
9.3. China
9.3.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
9.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.4. Japan
9.4.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
9.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.5. India
9.5.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
9.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.6. Australia
9.6.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
9.6.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.6.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.7. South Korea
9.7.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
9.7.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.7.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
9.8. Rest of Asia-Pacific
9.8.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
9.8.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
9.8.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 10. LATIN AMERICA GAS TURBINE MARKET BY COUNTRY

10.1. Latin America Gas Turbine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
10.2. Latin America Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
10.3. Brazil
10.3.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
10.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.4. Argentina
10.4.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
10.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
10.5. Rest of Latin America
10.5.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
10.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
10.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 11. MIDDLE EAST GAS TURBINE MARKET BY COUNTRY

11.1. Middle East Gas Turbine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
11.2. Middle East Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
11.3. Saudi Arabia
11.3.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
11.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.4. UAE
11.4.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
11.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
11.5. Rest of Middle East
11.5.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
11.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
11.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 12. AFRICA GAS TURBINE MARKET BY COUNTRY

12.1. Africa Gas Turbine Market Revenue and Growth Rate, 2015 - 2026 ($Million)
12.2. Africa Gas Turbine Market Revenue Share Comparison, 2015 & 2026 (%)
12.3. South Africa
12.3.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
12.3.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.3.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.4. Egypt
12.4.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
12.4.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.4.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)
12.5. Rest of Africa
12.5.1. Market Revenue and Forecast By Capacity, 2015 - 2026 ($Million)
12.5.2. Market Revenue and Forecast By Technology, 2015 - 2026 ($Million)
12.5.3. Market Revenue and Forecast By Application, 2015 - 2026 ($Million)

CHAPTER 13. COMPANY PROFILE

13.1. Zorya-Mashproekt
13.1.1. Company Snapshot
13.1.2. Overview
13.1.3. Financial Overview
13.1.4. Type Portfolio
13.1.5. Key Developments
13.1.6. Strategies
13.2. General Electric
13.2.1. Company Snapshot
13.2.2. Overview
13.2.3. Financial Overview
13.2.4. Type Portfolio
13.2.5. Key Developments
13.2.6. Strategies
13.3. Harbin Electric International Company
13.3.1. Company Snapshot
13.3.2. Overview
13.3.3. Financial Overview
13.3.4. Type Portfolio
13.3.5. Key Developments
13.3.6. Strategies
13.4. Siemens AG
13.4.1. Company Snapshot
13.4.2. Overview
13.4.3. Financial Overview
13.4.4. Type Portfolio
13.4.5. Key Developments
13.4.6. Strategies
13.5. NPO Saturn
13.5.1. Company Snapshot
13.5.2. Overview
13.5.3. Financial Overview
13.5.4. Type Portfolio
13.5.5. Key Developments
13.5.6. Strategies
13.6. Wartsila
13.6.1. Company Snapshot
13.6.2. Overview
13.6.3. Financial Overview
13.6.4. Type Portfolio
13.6.5. Key Developments
13.6.6. Strategies
13.7. Cryostar
13.7.1. Company Snapshot
13.7.2. Overview
13.7.3. Financial Overview
13.7.4. Type Portfolio
13.7.5. Key Developments
13.7.6. Strategies
13.8. Mitsubishi Hitachi Power Systems
13.8.1. Company Snapshot
13.8.2. Overview
13.8.3. Financial Overview
13.8.4. Type Portfolio
13.8.5. Key Developments
13.8.6. Strategies
13.9. Capstone Turbine
13.9.1. Company Snapshot
13.9.2. Overview
13.9.3. Financial Overview
13.9.4. Type Portfolio
13.9.5. Key Developments
13.9.6. Strategies
13.10. BHEL
13.10.1. Company Snapshot
13.10.2. Overview
13.10.3. Financial Overview
13.10.4. Type Portfolio
13.10.5. Key Developments
13.10.6. Strategies
13.11. Man Diesel & Turbo
13.11.1. Company Snapshot
13.11.2. Overview
13.11.3. Financial Overview
13.11.4. Type Portfolio
13.11.5. Key Developments
13.11.6. Strategies
13.12. Kawasaki Heavy Industries
13.12.1. Company Snapshot
13.12.2. Overview
13.12.3. Financial Overview
13.12.4. Type Portfolio
13.12.5. Key Developments
13.12.6. Strategies
13.13. Vericor Power Systems
13.13.1. Company Snapshot
13.13.2. Overview
13.13.3. Financial Overview
13.13.4. Type Portfolio
13.13.5. Key Developments
13.13.6. Strategies
13.14. Ansaldo Energia
13.14.1. Company Snapshot
13.14.2. Overview
13.14.3. Financial Overview
13.14.4. Type Portfolio
13.14.5. Key Developments
13.14.6. Strategies
13.15. Opra Turbines
13.15.1. Company Snapshot
13.15.2. Overview
13.15.3. Financial Overview
13.15.4. Type Portfolio
13.15.5. Key Developments
13.15.6. Strategies
13.16. Solar Turbines
13.16.1. Company Snapshot
13.16.2. Overview
13.16.3. Financial Overview
13.16.4. Type Portfolio
13.16.5. Key Developments
13.16.6. Strategies
13.17. Others
13.17.1. Company Snapshot
13.17.2. Overview
13.17.3. Financial Overview
13.17.4. Type Portfolio
13.17.5. Key Developments
13.17.6. Strategies

CHAPTER 14. RESEARCH APPROACH

14.1. Research Methodology
14.1.1. Initial Data Search
14.1.2. Secondary Research
14.1.3. Primary Research
14.2. Assumptions and Scope

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