Market Overview

Global Industrial Gas Turbine Market (2018-2023) by Capacity, Type, Application and Geography -


The "Global
Industrial Gas Turbine Market - Segmented by Capacity, Type,
Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)"

report has been added to's

Gas turbines are one of the most widely used technologies in power
generation sector, and their usage dates back to 1939.

The factors contributing to the growth of industrial gas turbine market
include (but are not limited to) the growing demand for energy, fall in
natural gas prices, the low environmental impact and increasing
flexibility & efficiency of gas turbines.

On the flipside, the factors that impede market growth include the
growing importance of renewable energy sources, macroeconomic
uncertainties, and currency devaluations, among other factors.

Key Highlights

  • Low Capital Cost to Drive the Market
  • Asia-Pacific - Region with the Highest Market Share
  • China - Among the Leading Countries in the Market

Notable Developments in the Market

  • March 2018: Ecuador's national oil company, Petroecuador, selected
    Siemens AG for procurement of an 8 MW SGT-300 gas turbine for power
    generation, to be used in the company's Shushufindi refinery.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

  • General Electric
  • Siemens AG
  • Mitsubishi Heavy Industries Ltd.
  • Harbin Electric International Company Limited
  • Bharat Heavy Electricals Limited
  • Kawasaki Heavy Industries Ltd.
  • Ansaldo Energia S.P.A
  • Solar Turbines
  • Man Diesel and Turbo SE
  • MTU Aero Engines AG/Vericor Power Systems LLC
  • Centrax Industries Ltd.

10. Competitive Landscape

11. Future of the Market

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