An industrial gas turbine is a combustion engine, which is used to generate mechanical energy from various fuels such as natural gas or liquid fuels. This generated mechanical energy is utilized to drive an integrated generator or other device.
Growth in demand for energy from various industries fuels the market. In addition, the flexibility to use different fuels to drive the turbines is projected to boost the growth of the market.
In 2019, the market size of Industrial Gas Turbine is xx million US$ and it will reach xx million US$ in 2025, growing at a CAGR of xx% from 2019; while in China, the market size is valued at xx million US$ and will increase to xx million US$ in 2025, with a CAGR of xx% during forecast period.
In this report, 2018 has been considered as the base year and 2019 to 2025 as the forecast period to estimate the market size for Industrial Gas Turbine.
This report studies the global market size of Industrial Gas Turbine, especially focuses on the key regions like United States, European Union, China, and other regions (Japan, Korea, India and Southeast Asia).
This study presents the Industrial Gas Turbine production, revenue, market share and growth rate for each key company, and also covers the breakdown data (production, consumption, revenue and market share) by regions, type and applications. history breakdown data from 2014 to 2019, and forecast to 2025.
For top companies in United States, European Union and China, this report investigates and analyzes the production, value, price, market share and growth rate for the top manufacturers, key data from 2014 to 2019.
In global market, the following companies are covered:
Ansaldo Energia
Bharat Heavy Electricals Limited
General Electric
Harbin Electric International Company Limited
Kawasaki Heavy Industries Ltd
Man Diesel and Turbo
Mitsubishi Hitachi Power Systems Ltd
Opra Turbines
Siemens
Vericor Power Systems
Market Segment by Product Type
<70 MW
70-300 MW
>300 MW
Market Segment by Application
Power generation
Mechanical drive
Key Regions split in this report: breakdown data for each region.
United States
China
European Union
Rest of World (Japan, Korea, India and Southeast Asia)