Global Combined Cycle Gas Turbine (CCGT) Market to Grow at a CAGR of 4.24% During 2016-2020 has recently announced the addition of a market study “Global Combined Cycle Gas Turbine Market 2016-2020”, is a comparative analysis of the global market.


Albany, NY -- (SBWIRE) -- 10/03/2016 -- About Combined Cycle Gas Turbine (CCGT)

Combined cycle gas turbine (CCGT) is a power generation technology that incorporates a gas turbine in conjunction with a steam turbine. A steam turbine is used to supplement the electricity generated from a gas turbine, which is driven by the steam generated from waste heat recovered from the gas turbine exhaust.

Technavios analysts forecast the global combined cycle gas turbine (CCGT) market to grow at a CAGR of 4.24% during the period 2016-2020.

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Covered in this report

The report covers the present scenario and the growth prospects of the global combined cycle gas turbine (CCGT) market for 2016-2020. To calculate the market size, the report considers the installed capacity and price of CCGTs in various regions.

The market is divided into the following segments based on geography:


Technavio's report, Global Combined Cycle Gas Turbine (CCGT) Market 2016-2020, 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.

Key vendors
Ansaldo Energia
Kawasaki Heavy Industries
Mitsubishi Hitachi Power Systems
Solar Turbines

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Market driver
Increasing efficiency and durability of gas turbines
For a full, detailed list, view our report

Market challenge
Change in energy mix
For a full, detailed list, view our report

Market trend
Declining demand for F-class gas turbines
For a full, detailed list, view our report

Key questions answered in this report

What will the market size be in 2020 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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