Global Industrial Gas Turbine Market Outlook 2030: Industry Insights & Opportunity Evaluation, 2019-2030

Global Industrial Gas Turbine Market By Application Type (Oil & Gas, Power Generation, and Other Industrial Applications); By Product (Heavy Duty and Aeroderivative); and Region –Analysis of Market Size, Share & Trends for 2016 – 2019 and Forecasts to 2030

Product Overview

Industrial gas turbine is a combustion motor, which uses different sources such as natural gas or fluid fuels to produce mechanical energy. This mechanical energy produced is used to power an integrated power generator. In lowering carbon emissions turbines play a significant role. They have lower emissions compared to other combustion-based energy generation systems. Their demand is estimated to grow in the coming years, with the introduction of various policies on climate change and legislation to minimize GHGs emissions.

Market Highlights

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Fatpos Global anticipates the Industrial Gas Turbine market to surpass USD XX Billion by 2030, which is valued at XX billion in 2019 at a compound annual growth rate of XX%. This growth can be attributed to expanding energy demand, the adequacy of energy-efficient technology, surging demand for natural gas power plants, the effect of the shale gas revolution and a decrease in carbon dioxide emissions. Growing cash flow to replace conventional energy systems with improved units would further accelerate market demand.

Global Industrial Gas Turbine Market: Segments

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Global Industrial Gas Turbine Market has been segmented on the basis of product type, application type and by location. It has been further segmented on the basis of region into North America, Europe, Asia-Pacific, Mid East and Africa.

By Product Type (in %), global Industrial Gas Turbine Market, 2019

Aeroderivative dominated the market with over XX% of the market share in 2019

 

Global Industrial Gas Turbine Market is segmented by product into: Heavy Duty and Aeroderivative

Owing to the high accessibility of highly scalable and mobile technologies, aeroderivative units have gained considerable traction in the industrial gas turbine industry. The product line includes a range of applications such as marine propulsion, electricity and local heating. In addition, the manufacturers’ emphasis on cost productivity and the development of high capacity turbines has appeared to be technical advances compared to the conventional aero derivative systems.

Global Industrial Gas Turbine Market: Market Dynamics

Drivers

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  • Environmental issues:

Growing environmental issues and stringent regulatory commitments to minimize GHG emissions have centered on energy conservation, which would have a beneficial impact on the market worldwide. Due to Raising environmental concerns, gas turbines have emerged as a critical factor for power & heat delivery systems.

Restraints

  • Strict government policies and law

Strict government policies and law and order to carry out the energy production by gas turbines in the industry hinders the market growth over the forecasted period

Global Industrial Gas Turbine Market: Regions

The North America is anticipated to dominate the market with XX% market share in 2019 growing at a CAGR of XX% over the forecasted period.

The North American market is anticipated to witness highest growth due to the growing emphasis on Combined Cycle Gas Turbine (CCGT) capacity additions, the availability of enormous gas reserves, improved production and a lower build-up period helps power generation by CCGT.

 

Asia Pacific: China, Japan, India, and Rest of Asia Pacific

Europe: Germany, the UK, France, and Rest of Europe

North America: The US, Mexico, and Canada

Latin America: Brazil and Rest of Latin America

Middle East & Africa: GCC Countries and Rest of Middle East & Africa

Global Industrial Gas Turbine Market: Competitive landscape

 

These actors adopt policies to further improve their footprints in the market, such as providing multi-annual services contracts for current and emerging power plant shareholders. Competition among the leading suppliers is based on their gas turbines ‘productivity and effectiveness, as well as their customers’ associated services. In order to boost its market dominance due to the rapid technological change and fierce competition, the technical capability and R&D are one of the most important focus areas of industry.

Global Industrial Gas Turbine Market: Key Players

 

  • Ansaldo Energia

o Company Overview

o Business Strategy

o Key Product Offerings

o Financial Performance

o Key Performance Indicators

o Risk Analysis

o Recent Development

o Regional Presence

o SWOT Analysis

  • Siemens
  • Vericor Power Systems
  • Opra Turbines B.V
  • Harbin Electric International Company Limited
  • General Electric
  • Man Diesel & Turbo
  • Mitsubishi Hitachi Power Systems Ltd.
  • Kawasaki Heavy Industries Ltd
  • Other prominent players

 

Global Industrial Gas Turbine market report also contains analysis on:

 

  • Industrial Gas Turbine Market Segments:

o By Product:

 Heavy Duty

 Aeroderivative

 

o By Application type:

 Power generation

 Oil & gas

 Other industrial applications

  • Industrial Gas Turbine Market Dynamics
  • Industrial Gas Turbine Market Size
  • Supply & Demand
  • Current Trends/Issues/Challenges
  • Competition & Companies Involved in the Market
  • Value Chain of the Market
  • Market Drivers and Restraints

 

 

List OF CONTENTS AND TABLES:

 

  1. Executive Summary
  2. Hydrogen Generation

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

  1. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

  1. Average Pricing Analysis
  2. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

  1. Correlation & Regression Analysis

6.1. Correlation Matrix

6.2. Regression Matrix

  1. Recent Development, Policies & Regulatory Landscape
  2. Risk Analysis

8.1. Demand Risk Analysis

8.2. Supply Risk Analysis

  1. Hydrogen Generation Industry Analysis

9.1. Porters Five Forces

9.1.1. Threat of New Entrants

9.1.2. Bargaining Power of Suppliers

9.1.3. Threat of Substitutes

9.1.4. Rivalry

9.2. PEST Analysis

9.2.1. Political

9.2.2. Economic

9.2.3. Social

9.2.4. Technological

  1. Global Hydrogen Generation Market

10.1. Market Size & forecast, 2019A-2030F

10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

  1. Global Hydrogen Generation Market: Market Segmentation

11.1. By Regions

11.1.1. North America:(U.S. and Canada)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2. By technology type : Market Share (2020-2030F)

11.2.1. partial oxidation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.2. Water Electrolysis, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.3. Steam Reforming, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.4. gasification, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.5. others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

 

11.3. By application: Market Share (2020-2030F)

11.3.1. Transportation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.2. Methanol Production, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.3. Petroleum Refinery, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.4. Ammonia Production, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.5. Power Generation type, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

 

  1. Company Profile

12.1. Air Liquide (France)

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Messer Group (Germany)

12.3. Nuvera Fuel Cells (US)

12.4. Xebec (Canada)

12.5. Ballard Power Systems (Canada)

12.6. Plug Power (US)

12.7. Air Products and Chemicals (US)

12.8. Teledyne Energy Systems (US)

12.9. Showa Denko (Japan)

12.10. Nippon Sanso (Japan)

12.11. Hydrogenics (Canada)

12.12. Ally Hi-Tech (China)

12.13. Other prominent players

  1. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.1. Executive Summary

  1. Hydrogen Generation

2.1. Product Overview

2.2. Market Definition

2.3. Segmentation

2.4. Assumptions and Acronyms

  1. Research Methodology

3.1. Research Objectives

3.2. Primary Research

3.3. Secondary Research

3.4. Forecast Model

3.5. Market Size Estimation

  1. Average Pricing Analysis
  2. Market Dynamics

5.1. Growth Drivers

5.2. Restraints

5.3. Opportunity

5.4. Trends

  1. Correlation & Regression Analysis

6.1. Correlation Matrix

6.2. Regression Matrix

  1. Recent Development, Policies & Regulatory Landscape
  2. Risk Analysis

8.1. Demand Risk Analysis

8.2. Supply Risk Analysis

  1. Hydrogen Generation Industry Analysis

9.1. Porters Five Forces

9.1.1. Threat of New Entrants

9.1.2. Bargaining Power of Suppliers

9.1.3. Threat of Substitutes

9.1.4. Rivalry

9.2. PEST Analysis

9.2.1. Political

9.2.2. Economic

9.2.3. Social

9.2.4. Technological

  1. Global Hydrogen Generation Market

10.1. Market Size & forecast, 2019A-2030F

10.1.1. By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

  1. Global Hydrogen Generation Market: Market Segmentation

11.1. By Regions

11.1.1. North America:(U.S. and Canada)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.2. Latin America: (Brazil, Mexico, Argentina, Rest of Latin America)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.3. Europe: (Germany, UK, France, Italy, Spain, BENELUX, NORDIC, Hungary, Poland, Turkey, Russia, Rest of Europe)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.4. Asia-Pacific: (China, India, Japan, South Korea, Indonesia, Malaysia, Australia, New Zealand, Rest of Asia Pacific)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.1.5. Middle East and Africa: (Israel, GCC, North Africa, South Africa, Rest of Middle East and Africa)

  • By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2. By technology type : Market Share (2020-2030F)

11.2.1. partial oxidation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.2. Water Electrolysis, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.3. Steam Reforming, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.4. gasification, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.2.5. others, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

 

11.3. By application: Market Share (2020-2030F)

11.3.1. Transportation, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.2. Methanol Production, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.3. Petroleum Refinery, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.4. Ammonia Production, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

11.3.5. Power Generation type, By Value (USD Million) 2019-2030F; Y-o-Y Growth (%) 2020-2030F

 

  1. Company Profile

12.1. Air Liquide (France)

12.1.1. Company Overview

12.1.2. Company Total Revenue (Financials)

12.1.3. Market Potential

12.1.4. Global Presence

12.1.5. Key Performance Indicators

12.1.6. SWOT Analysis

12.1.7. Product Launch

12.2. Messer Group (Germany)

12.3. Nuvera Fuel Cells (US)

12.4. Xebec (Canada)

12.5. Ballard Power Systems (Canada)

12.6. Plug Power (US)

12.7. Air Products and Chemicals (US)

12.8. Teledyne Energy Systems (US)

12.9. Showa Denko (Japan)

12.10. Nippon Sanso (Japan)

12.11. Hydrogenics (Canada)

12.12. Ally Hi-Tech (China)

12.13. Other prominent players

  1. Consultant Recommendation

**The above given segmentations and companies could be subjected to further modification based on in-depth feasibility studies conducted for the final deliverable.

….….continued

 

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