Gas Turbine Market, Update 2017: Global Market Size, Competitive Landscape, Key Country Analysis & Forecasts to 2021 – Research and Markets

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Gas
Turbine Market, Update 2017: Global Market Size, Competitive Landscape,
Key Country Analysis, and Forecasts to 2021” report to their
offering.

The total global gas turbine market registered USD8.49 Billion in 2016
and is projected to reach USD7.73 Billion in 2021.

In terms of the market volume, the market witnessed 35.24 Gigawatts (GW)
in 2016 and is projected to reach 35.73 GW in 2021. The majority of the
market revenue is estimated to come from China along with other emerging
economies in the Middle East, Africa, and Asia. Factors such as power
plant capacity additions to meet electricity demand, stringent emission
norms, and recent shale gas discoveries across the globe are the major
factors having a positive impact on the gas turbine market.

Global warming and other harmful environmental effects have become a
high priority for economies in the recent years. These concerns have led
many countries like the US, India, European Union (EU) member states,
and China to adopt stringent emissions norms, thereby, encouraging the
use of cleaner sources of power generation. In this scenario, natural
gas is expected to be a strong competitor for coal. Emerging trends such
as increasing focus on gas turbine advancement, in order to raise
efficiency, and development of high temperature materials for turbines,
have a direct impact on the dynamics of the gas turbine industry.

Companies Mentioned

• GE Power
• Bharat Heavy Electricals Limited
• Dongfang Electric Corporation Limited
• Siemens AG
• Nanjing Turbine & Electric Machinery (group) Co., Ltd.
• Mitsubishi Hitachi Power Systems, Ltd.
• Caterpillar Solar Turbines
• Ansaldo Energia S.p.A.

Key Topics Covered:

1 Table of Contents

2 Executive Summary

3 Introduction

4 Gas Turbine Market, Global

5 Gas Turbine Market, Americas

6 Gas Turbine Market, Asia-Pacific

7 Gas Turbine Market, Europe, Middle East, and Africa (EMEA)

8 Gas Turbine Market, Profiles of Major Players

For more information about this report visit https://www.researchandmarkets.com/research/2rgmdc/gas_turbine

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Related
Topics: Turbines