Gas Turbines (Heavy Duty and Aeroderivative) Market, By Rated Capacity (1 To 40 MW, 40 To 120 MW, 120 To 300 MW, and Above 300 MW), By Application (Oil & Gas, Power Generation and Other Industries) - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021
Deerfield Beach, FL -- (SBWIRE) -- 07/05/2017 -- Zion Market Research, the market research group announced the analysis report titled 'Gas Turbines Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2015–2021'
Zion Market Research has published a new report titled "Gas Turbines Market (Heavy Duty and Aeroderivative), By Rated Capacity (1 To 40 MW, 40 To 120 MW, 120 To 300 MW, and Above 300 MW), By Application (Oil & Gas, Power Generation and Other Industries) - Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021". According to the report, global gas turbines market was valued at USD 16.0 billion in 2015, is expected to reach USD 20.5 billion in 2021 and is anticipated to grow at a CAGR of around 4% between 2016 and 2021.
Request Free Sample Research Report @ https://www.zionmarketresearch.com/sample/gas-turbines-market
The gas turbine is the engine mainly used at the power plant which generates electricity.A gas turbine is also known as combustion engine that can change liquid fluids and natural gases to mechanical energy.Gas turbines are available in sizes ranging from 500 kilowatts (kW) to 250 megawatts (MW). In past years, gas turbines are only used for generating electricity, but today gas turbines are one of the most widely used power generating technologies.There are several ways in which gas turbines can be used for the production of electricity and other forms of valuable energy.
Increasing efficiency and durability of gas turbines are major driving factors for gas turbines market. A strict carbon emission regulation across the globe is expected to drive the gas turbines market in the near future. Furthermore, advancement in technology and lower power generating cost are the factors to drive the growth of the gas turbines market.Extended start-up time, lesser efficiency at idle speed and low sensitivity to modification in power demand are expected to hamper the demand growth over the coming few years.
The industrial gas turbine market can be segmented on the basis of design types which include heavy duty type and aero-derivative type gas turbines. The heavy duty type gas turbine was the leading segment in 2015 owing to increase in the number of large gas-fired plants and the demand for heavy-duty gas turbines. The industry can be further divided by rated capacity turbines are segmented into 1 to 40 MW, 40 to 120 MW, 120 to 300 MW, and above 300 MW. Oil & gas, power generation, and other industries are application segment of gas turbines market.
Inquire more about this report @ https://www.zionmarketresearch.com/inquiry/gas-turbines-market
Out of all the regional segments of the global market, Asia Pacific held the dominant share in the overall gas turbines market across the globe in 2015. This dominance is majorly witnessed due to the huge population and high electricity demand in this region. China and India are most populous countries in this region.
China alone consumed more than 20% world's electricity in 2015. Power generation in Asia Pacific was supported by their huge amount of natural sources.
Siemens AG, Alstom S.A, Bharat Heavy Electricals Limited, Mitsubishi Hitachi Power Systems, General Electric Company, Ansaldo Energia S.P.A and among others are some of the major players in this market.
The report segments the global Gas Turbines market as Design Type Segment Analysis(Heavy duty, Aeroderivative).
Application Segment Analysis(Oil & Gas, Power Generation, Other industries).Rated Capacity Segment Analysis(1 to 40 MW, 40 to 120 MW, 120 to 300 MW, Above 300 MW).Regional Segment Analysis: North America(US), Europe(Germany, France, UK), Asia Pacific(China, Japan, India)Latin America(Brazil, Middle East, Africa).
Browse detail report with in-depth TOC @ https://www.zionmarketresearch.com/report/gas-turbines-market
About Zion Market Research
Zion Market Research is an obligated company. We create futuristically, cutting edge, informative reports ranging from industry reports, a company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with Vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from Cardinal Industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client's needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
4283, Express Lane,
Sarasota, Florida 34249, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651
Visit Our Blog: https://zionmarketresearch.wordpress.com/