A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.
Scope of the Report:
This report focuses on the Gas Turbine in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.
The classification of gas turbine services includes heavy duty services and aero-derivative services, and the proportion of heavy duty services is about 79% in 2016, and the proportion is in increasing trend from 2012 to 2017.
Gas turbine services are for power generation, oil & gas and other field. The most proportion of gas turbine services is for power generation, and the revenue in 2016 is about 7.61 billion USD.
Middle East region enjoys largest revenue market share in the world, with a revenue market share nearly 32% in 2016. Following Middle East, North America is the second largest place with the revenue market share of 30%.
Market competition is intense. General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, etc. are the leaders of the industry, and they hold key technologies and patents, with high-end customers; have been formed in the monopoly position in the industry.
The worldwide market for Gas Turbine is expected to grow at a CAGR of roughly 4.2% over the next five years, will reach 19300 million US$ in 2023, from 15700 million US$ in 2017, according to a new GIR (Global Info Research) study.
Market Segment by Manufacturers, this report covers
- General Electric
- Mitsubishi Hitachi Power Systems
- Wood Group
- Kawasaki Heavy Industries
- Solar Turbines
- Ansaldo Energia
- MTU Aero Engines
- MAN Diesel & Turbo
- MJB International
- Proenergy Services
Market Segment by Regions, regional analysis covers
- North America (United States, Canada and Mexico)
- Europe (Germany, France, UK, Russia and Italy)
- Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
- South America (Brazil, Argentina, Colombia etc.)
- Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
- Heavy Duty Services
- Aero-Derivative Services
Market Segment by Applications, can be divided into
- Power Generation
- Oil & Gas
There are 15 Chapters to deeply display the global Gas Turbine market.
Chapter 1, to describe Gas Turbine Introduction, product scope, market overview, market opportunities, market risk, market driving force;
Chapter 2, to analyze the top manufacturers of Gas Turbine, with sales, revenue, and price of Gas Turbine, in 2016 and 2017;
Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
Chapter 4, to show the global market by regions, with sales, revenue and market share of Gas Turbine, for each region, from 2013 to 2018;
Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
Chapter 12, Gas Turbine market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
Chapter 13, 14 and 15, to describe Gas Turbine sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source