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Research Methodology on Gas Turbine Market
Introduction
The Gas Turbine Market report provides a comprehensive overview of the competitive landscape, along with the future prospects and competitive strategies of the leading manufacturers engaged in this market. This report contains the in-depth analysis of company profiles, top market players, competitive landscape, along with the current market trends and market forecasts. The report also provides insights into the economic prospects of the global gas turbine market.
Research methodology
This report carries out an extensive quantitative and qualitative study on the global gas turbine market. The research has extensively analysed the gas turbine industry to help companies, investors, policy makers and other stakeholders in making informed decisions for their long-term gains.
Research design
The research design includes the following components:
• Research Objectives:
The objective of this study is to analyse the primary and secondary data on the gas turbine market and to provide relevant insights and forecasts.
• Secondary Research:
This includes gathering data from published sources such as bulletin boards, corporate financial reports and government publications to gain an understanding of the market forces that are shaping the gas turbine industry.
• Primary Research:
This includes conducting a detailed survey and interviews of market experts and industry participants. Interviews are conducted with leading players in the gas turbine industry in order to understand their market strategies and gain more information on the present and future market trends.
• Quantitative Analysis:
This includes gathering data from secondary sources such as public databases and statistics, and analysing it using quantitative techniques such as regression analysis, correlation analysis and factor analysis.
• Qualitative Analysis:
This includes conducting focus group interviews with industry participants and market analysts to gain an understanding of the market forces that are currently driving the gas turbine industry.
Sampling Plan
The research study uses quantitative and qualitative methodologies. The researchers conducted both primary and secondary research methods to collect the data and compile the report. Primary research methods include surveys and interviews, where the surveys are conducted online and in-person. The interviews are conducted with industry players and experts to gain an understanding of the market dynamics and forecasts. The secondary research is done using public and private sector databases and reports.
Data Collection
The research study is based on both primary and secondary data sources. Primary data sources include surveys and interviews. The surveys are conducted online and in-person. The interviews are conducted with industry players and experts to gain an understanding of the market dynamics and forecasts. The secondary data sources include public and private sector databases and reports.
Quantitative Analysis
This includes gathering data from secondary sources such as public databases and statistics, and analysing it using quantitative techniques such as regression analysis, correlation analysis and factor analysis.
Qualitative Analysis
This includes conducting focus group interviews with industry participants and market analysts to gain an understanding of the market forces that are currently driving the gas turbine industry.
Data Analysis
The data is analysed using qualitative and quantitative methods. The qualitative analysis used the content analysis technique and includes open-ended questions. The quantitative analysis used descriptive and inferential statistics to analyse the data. The descriptive statistics used are mean, median, mode, range, standard deviation, and coefficient of variation. The inferential statistics used are t-test, chi-square test, regression analysis and correlation analysis.
Conclusion
The research study is an in-depth analysis of the global gas turbine market and provides relevant insights and forecasts for the industry. The research design includes obtaining data from primary and secondary sources and examining it using qualitative and quantitative methods. The research also identifies some potential limitations like geographical and demographic limitations of the respondents, limited data sources available and personal perceptions of the respondents. The research study is expected to help companies, investors, policy makers and other stakeholders in making informed decisions for their long-term gains.
TABLE OF CONTENTS
1 EXECUTIVE SUMMARY 21
2 MARKET INTRODUCTION 29
2.1 DEFINITION 29
2.2 SCOPE OF THE STUDY 29
2.3 RESEARCH OBJECTIVE 29
2.4 MARKET STRUCTURE 30
3 RESEARCH METHODOLOGY 31
3.1 OVERVIEW 31
3.2 DATA FLOW 34
3.2.1 DATA MINING PROCESS 34
3.3 PURCHASED DATABASE: 35
3.4 SECONDARY SOURCES: 36
3.4.1 SECONDARY RESEARCH DATA FLOW: 37
3.5 PRIMARY RESEARCH: 38
3.5.1 PRIMARY RESEARCH DATA FLOW: 39
3.5.2 PRIMARY RESEARCH: NUMBER OF INTERVIEWS CONDUCTED 40
3.5.3 PRIMARY RESEARCH: REGIONAL COVERAGE 40
3.6 APPROACHES FOR MARKET SIZE ESTIMATION: 41
3.6.1 TRADE ANALYSIS APPROACH 41
3.7 DATA FORECASTING 41
3.7.1 DATA FORECASTING TECHNIQUE 42
3.8 DATA MODELING 43
3.8.1 MICROECONOMIC FACTOR ANALYSIS: 43
3.8.2 DATA MODELING: 44
3.9 TEAMS AND ANALYST CONTRIBUTION 46
4 MARKET DYNAMICS 48
4.1 INTRODUCTION 48
4.2 DRIVERS 49
4.2.1 INCREASING DEMAND FOR RELIABLE AND EFFICIENT POWER GENERATION SOLUTIONS 49
4.2.2 GROWING EMPHASIS ON CLEANER ENERGY SOURCES 50
4.3 RESTRAINT 52
4.3.1 HIGH INITIAL INVESTMENT COSTS 52
4.4 OPPORTUNITY 54
4.4.1 RISE IN THE ADOPTION OF COMBINED HEAT AND POWER (CHP) SYSTEMS 54
4.5 IMPACT ANALYSIS OF COVID-19 55
4.5.1 IMPACT ON SUPPLY CHAIN OF GAS TURBINE MARKET 55
4.5.2 IMPACT ON MARKET DEMAND OF GAS TURBINE MARKET 56
5 MARKET FACTOR ANALYSIS 57
5.1 SUPPLY/VALUE CHAIN ANALYSIS 57
5.1.1 RAW MATERIAL SUPPLIERS 57
5.1.2 MANUFACTURERS 58
5.1.3 DISTRIBUTION CHANNELS 58
5.1.4 END USERS 58
5.2 PORTER’S FIVE FORCES MODEL 59
5.2.1 THREAT OF NEW ENTRANTS 60
5.2.2 THREAT OF SUBSTITUTES 60
5.2.3 BARGAINING POWER OF SUPPLIERS 60
5.2.4 BARGAINING POWER OF BUYERS 60
5.2.5 INTENSITY OF RIVALRY 61
5.3 LIST OF END USER OF GAS TURBINE 61
5.3.1 LIST OF END USER OF HEAVY DUTY GAS TURBINE (COMPANY NAME, HEADQUARTER CONTACT DETAILS, NUMBER OF GT, OPERATION MODE, CAPACITY) 61
5.3.2 LIST OF END USER OF AERODERIVATIVE GAS TURBINE (COMPANY NAME, HEADQUARTER CONTACT DETAILS, NUMBER OF GT, OPERATION MODE, CAPACITY) 62
6 GLOBAL GAS TURBINE MARKET, BY TYPE 66
6.1 INTRODUCTION 66
6.1.1 INDUSTRIAL 66
6.1.2 HEAVY DUTY 66
6.1.3 AERODERIVATIVE 67
7 GLOBAL GAS TURBINE MARKET, BY RATING CAPACITY 69
7.1 INTRODUCTION 69
7.1.1 LESS THAN 40 MW 69
7.1.2 40 TO 120 MW 69
7.1.3 121 TO 300 MW 70
7.1.4 ABOVE 300 MW 70
8 GLOBAL GAS TURBINE MARKET, BY END-USER 72
8.1 INTRODUCTION 72
8.1.1 POWER GENERATION 72
8.1.2 OIL & GAS 72
8.1.3 MARINE 72
8.1.4 PROCESS PLANTS 73
8.1.5 OTHERS 73
9 GLOBAL GAS TURBINE MARKET, BY TECHNOLOGY 76
9.1 INTRODUCTION 76
9.1.1 OPEN CYCLE 76
9.1.2 COMBINED CYCLE 76
10 GLOBAL GAS TURBINE MARKET, BY REGION 78
10.1 INTRODUCTION 78
10.2 NORTH AMERICA 79
10.2.1 US 82
10.2.2 CANADA 84
10.2.3 MEXICO 86
10.3 EUROPE 88
10.3.1 GERMANY 90
10.3.2 FRANCE 91
10.3.3 UK 93
10.3.4 SPAIN 94
10.3.5 ITALY 95
10.3.6 POLAND 97
10.3.7 NETHERLANDS 98
10.3.8 BELGIUM 100
10.3.9 AUSTRIA 102
10.3.10 REST OF EUROPE 103
10.4 ASIA PACIFIC 105
10.4.1 CHINA 107
10.4.2 INDIA 109
10.4.3 JAPAN 110
10.4.4 MALAYSIA 113
10.4.5 SOUTH KOREA 114
10.4.6 REST OF ASIA PACIFIC 116
10.5 SOUTH AMERICA 118
10.5.1 BRAZIL 120
10.5.2 ARGENTINA 122
10.5.3 CHILE 123
10.5.4 REST OF SOUTH AMERICA 124
10.6 MIDDLE EAST & AFRICA 126
10.6.1 SAUDI ARABIA 128
10.6.2 QATAR 130
10.6.3 OMEN 131
10.6.4 UAE 132
10.6.5 SOUTH AFRICA 134
10.6.6 REST OF MIDDLE EAST & AFRICA 135
11 COMPETITIVE LANDSCAPE 138
11.1 INTRODUCTION 138
11.2 COMPETITION DASHBOARD 139
11.3 COMPANY MARKET SHARE ANALYSIS, 2023 139
11.4 COMPETITIVE BENCHMARKING 140
11.5 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE GAS TURBINE MARKET 141
11.6 LIST OF KEY PLAYERS, BY REGION 142
11.7 LIST OF NON-OEM REPAIR CENTER / INDEPENDENT SERVICE CENTER 143
11.7.1 LIST OF NON-OEM REPAIR CENTER / INDEPENDENT SERVICE CENTER OF HEAVY DUTY GAS TURBINE 143
11.7.2 LIST OF NON-OEM REPAIR CENTER / INDEPENDENT SERVICE CENTER OF AERODERIVATIVE GAS TURBINE 144
11.8 LIST OF NON-OEM OR OEM SUPPLY CHAIN OF INPUT 145
11.8.1 HEAVY DUTY GAS TURBINE 145
11.8.1.1 SUPPLIERS 145
11.8.1.2 OEMS 146
11.8.1.3 DISTRIBUTORS 146
11.8.1.4 SERVICE PROVIDES 147
11.8.2 AERODERIVATIVE GAS TURBINE 147
11.8.2.1 SUPPLIERS 147
11.8.2.2 OEMS 148
11.8.2.3 DISTRIBUTORS 149
11.8.2.4 SERVICE PROVIDES 149
11.9 CURRENT MANUFACTURER GT PRODUCTION CAPACITY OF HEAVY DUTY, AERODERIVATIVE, AND INDUSTRIAL GAS TURBINES (IN UNITS) 150
11.10 COMPARATIVE ANALYSIS: KEY PLAYERS FINANCIAL, 2023 151
11.11 KEY DEVELOPMENTS & GROWTH STRATEGIES 152
11.11.1 CAPACITY EXPANSION 152
11.11.2 NEW PRODUCT LAUNCH 155
11.11.3 ACQUISITION 156
11.11.4 AGREEMENT 157
11.11.5 COLLABORATION 160
11.11.6 PARTNERSHIP 161
11.11.7 RECOGNITION 162
11.11.8 INNOVATION 163
11.11.9 CONTRACT 163
12 COMPANY PROFILES 164
12.1 SIEMENS ENERGY 164
12.1.1 COMPANY OVERVIEW 164
12.1.2 FINANCIAL OVERVIEW 165
12.1.3 PRODUCTS OFFERED 165
12.1.4 KEY DEVELOPMENTS 167
12.1.5 SWOT ANALYSIS 168
12.1.6 KEY STRATEGY 168
12.2 GENERAL ELECTRIC 170
12.2.1 COMPANY OVERVIEW 170
12.2.2 FINANCIAL OVERVIEW 171
12.2.3 PRODUCTS OFFERED 171
12.2.4 KEY DEVELOPMENTS 173
12.2.5 SWOT ANALYSIS 175
12.2.6 KEY STRATEGY 175
12.3 ANSLADO ENERGIA 176
12.3.1 COMPANY OVERVIEW 176
12.3.2 FINANCIAL OVERVIEW 177
12.3.3 PRODUCTS OFFERED 177
12.3.4 KEY DEVELOPMENTS 178
12.3.5 SWOT ANALYSIS 180
12.3.6 KEY STRATEGY 181
12.4 IHI CORPORATION 182
12.4.1 COMPANY OVERVIEW 182
12.4.2 FINANCIAL OVERVIEW 183
12.4.3 PRODUCTS OFFERED 183
12.4.4 KEY DEVELOPMENTS 184
12.4.5 SWOT ANALYSIS 185
12.4.6 KEY STRATEGY 185
12.5 MAPNA GROUP 186
12.5.1 COMPANY OVERVIEW 186
12.5.2 FINANCIAL OVERVIEW 187
12.5.3 PRODUCTS OFFERED 187
12.5.4 KEY DEVELOPMENTS 188
12.5.5 SWOT ANALYSIS 189
12.5.6 KEY STRATEGY 189
12.6 MITSUBISHI HEAVY INDUSTRIES 190
12.6.1 COMPANY OVERVIEW 190
12.6.2 FINANCIAL OVERVIEW 191
12.6.3 PRODUCTS OFFERED 191
12.6.4 KEY DEVELOPMENTS 193
12.6.5 SWOT ANALYSIS 194
12.6.6 KEY STRATEGY 195
12.7 BHARAT HEAVY ELECTRICALS LIMITED 196
12.7.1 COMPANY OVERVIEW 196
12.7.2 FINANCIAL OVERVIEW 197
12.7.3 PRODUCTS OFFERED 197
12.7.4 KEY DEVELOPMENTS 198
12.7.5 SWOT ANALYSIS 199
12.7.6 KEY STRATEGY 199
12.8 SOLAR TURBINES INCORPORATED 200
12.8.1 COMPANY OVERVIEW 200
12.8.2 FINANCIAL OVERVIEW (FOR A PARENT COMPANY CATERPILLAR INC.) 201
12.8.3 PRODUCTS OFFERED 201
12.8.4 KEY DEVELOPMENTS 202
12.8.5 SWOT ANALYSIS 203
12.8.6 KEY STRATEGY 203
12.9 ROLLS-ROYCE 204
12.9.1 COMPANY OVERVIEW 204
12.9.2 FINANCIAL OVERVIEW 205
12.9.3 PRODUCTS OFFERED 205
12.9.4 KEY DEVELOPMENTS 206
12.9.5 SWOT ANALYSIS 207
12.9.6 KEY STRATEGY 207
12.10 BAKER HUGHES 209
12.10.1 COMPANY OVERVIEW 209
12.10.2 FINANCIAL OVERVIEW 210
12.10.3 PRODUCTS OFFERED 210
12.10.4 KEY DEVELOPMENTS 211
12.10.5 SWOT ANALYSIS 212
12.10.6 KEY STRATEGY 213
13 DATA CITATIONS 215
LIST OF TABLES
TABLE 1 QFD MODELING FOR MARKET SHARE ASSESSMENT 44
TABLE 2 GAS TURBINE MARKET Estimates & Forecast, BY Type, 2018–2032 (USD MILLION) 67
TABLE 3 GAS TURBINE MARKET Estimates & Forecast, BY Type, 2018–2032 (UNITS) 68
TABLE 4 GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 70
TABLE 5 GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (UNITS) 71
TABLE 6 GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 73
TABLE 7 GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (UNITS) 74
TABLE 8 GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 77
TABLE 9 GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (UNITS) 77
TABLE 10 GLOBAL GAS TURBINE MARKET, by region, 2018–2032 (USD MILLION) 78
TABLE 11 GLOBAL GAS TURBINE MARKET, by region, 2018–2032 (UNITS) 79
TABLE 12 North America: GAS TURBINE MARKET, by country, 2018–2032 (USD MILLION) 79
TABLE 13 North America: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 80
TABLE 14 North AMerica GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 80
TABLE 15 North AMerica GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 80
TABLE 16 North AMerica GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 81
TABLE 17 US: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 82
TABLE 18 US GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 82
TABLE 19 US GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 83
TABLE 20 US GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 83
TABLE 21 CANADA: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 84
TABLE 22 CANADA GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 84
TABLE 23 CANADA GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 85
TABLE 24 CANADA GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 85
TABLE 25 Mexico: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 86
TABLE 26 Mexico GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 86
TABLE 27 Mexico GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 87
TABLE 28 Mexico GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 87
TABLE 29 Europe: GAS TURBINE MARKET, by country, 2018–2032 (USD MILLION) 88
TABLE 30 Europe: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 89
TABLE 31 Europe GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 89
TABLE 32 Europe GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 89
TABLE 33 Europe GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 90
TABLE 34 Germany: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 90
TABLE 35 Germany GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 90
TABLE 36 Germany GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 91
TABLE 37 Germany GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 91
TABLE 38 France: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 91
TABLE 39 France GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 92
TABLE 40 France GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 92
TABLE 41 France GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 92
TABLE 42 UK: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 93
TABLE 43 UK GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 93
TABLE 44 UK GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 93
TABLE 45 UK GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 94
TABLE 46 Spain: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 94
TABLE 47 Spain GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 94
TABLE 48 Spain GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 95
TABLE 49 Spain GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 95
TABLE 50 Italy: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 95
TABLE 51 Italy GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 96
TABLE 52 Italy GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 96
TABLE 53 Italy GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 96
TABLE 54 Poland: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 97
TABLE 55 Poland GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 97
TABLE 56 Poland GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 97
TABLE 57 Poland GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 98
TABLE 58 Netherlands: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 98
TABLE 59 Netherlands GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 98
TABLE 60 Netherlands GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 100
TABLE 61 Netherlands GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 100
TABLE 62 Belgium: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 100
TABLE 63 Belgium GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 101
TABLE 64 Belgium GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 101
TABLE 65 Belgium GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 101
TABLE 66 Austria: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 102
TABLE 67 Austria GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 102
TABLE 68 Austria GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 102
TABLE 69 Austria GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 103
TABLE 70 Rest of Europe: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 103
TABLE 71 Rest of Europe GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 103
TABLE 72 Rest of Europe GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 104
TABLE 73 Rest of Europe GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 104
TABLE 74 Asia-Pacific: GAS TURBINE MARKET, by country, 2018–2032 (USD MILLION) 105
TABLE 75 Asia-Pacific: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 106
TABLE 76 Asia-Pacific GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 106
TABLE 77 Asia-Pacific GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 106
TABLE 78 Asia-Pacific GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 107
TABLE 79 China: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 107
TABLE 80 China GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 107
TABLE 81 China GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 108
TABLE 82 China GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 108
TABLE 83 INDIA: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 109
TABLE 84 INDIA GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 109
TABLE 85 INDIA GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 110
TABLE 86 INDIA GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 110
TABLE 87 JAPAN: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 110
TABLE 88 JAPAN GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 112
TABLE 89 JAPAN GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 112
TABLE 90 JAPAN GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 112
TABLE 91 MALAYSIA: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 113
TABLE 92 MALAYSIA GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 113
TABLE 93 MALAYSIA GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 113
TABLE 94 MALAYSIA GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 114
TABLE 95 SOUTH KOREA: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 114
TABLE 96 SOUTH KOREA GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 114
TABLE 97 SOUTH KOREA GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 116
TABLE 98 SOUTH KOREA GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 116
TABLE 99 Rest of asia pacific: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 116
TABLE 100 Rest of asia pacific GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 117
TABLE 101 Rest of asia pacific GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 117
TABLE 102 Rest of asia pacific GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 117
TABLE 103 South America: GAS TURBINE MARKET, by country, 2018–2032 (USD MILLION) 118
TABLE 104 South america: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 118
TABLE 105 South america GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 119
TABLE 106 South america GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 120
TABLE 107 South america GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 120
TABLE 108 Brazil: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 120
TABLE 109 Brazil GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 121
TABLE 110 Brazil GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 121
TABLE 111 Brazil GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 121
TABLE 112 Argentina: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 122
TABLE 113 Argentina GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 122
TABLE 114 Argentina GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 122
TABLE 115 Argentina GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 123
TABLE 116 Chile: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 123
TABLE 117 Chile GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 123
TABLE 118 Chile GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 124
TABLE 119 Chile GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 124
TABLE 120 Rest of South America: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 124
TABLE 121 Rest of South America GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 125
TABLE 122 Rest of South America GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 125
TABLE 123 Rest of South America GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 125
TABLE 124 Middle east & africa: GAS TURBINE MARKET, by country, 2018–2032 (USD MILLION) 126
TABLE 125 Middle East & Africa: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 127
TABLE 126 Middle East & Africa GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 127
TABLE 127 Middle East & Africa GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 127
TABLE 128 Middle East & Africa GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 128
TABLE 129 Saudi Arabia: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 128
TABLE 130 Saudi Arabia GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 128
TABLE 131 Saudi Arabia GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 129
TABLE 132 Saudi Arabia GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 129
TABLE 133 Qatar: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 130
TABLE 134 Qatar GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 130
TABLE 135 Qatar GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 130
TABLE 136 Qatar GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 131
TABLE 137 Omen: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 131
TABLE 138 Omen GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 131
TABLE 139 Omen GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 132
TABLE 140 Omen GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 132
TABLE 141 UAE: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 132
TABLE 142 UAE GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 133
TABLE 143 UAE GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 133
TABLE 144 UAE GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 133
TABLE 145 SOUTH AFRICA: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 134
TABLE 146 SOUTH AFRICA GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 134
TABLE 147 SOUTH AFRICA GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 134
TABLE 148 SOUTH AFRICA GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 135
TABLE 149 Rest of Middle East & Africa: GAS TURBINE MARKET, BY Type, 2018–2032 (USD MILLION) 135
TABLE 150 Rest of Middle East & Africa GAS TURBINE MARKET Estimates & Forecast, By Rating Capacity, 2018–2032 (USD MILLION) 135
TABLE 151 Rest of Middle East & Africa GAS TURBINE MARKET Estimates & Forecast, BY END-USER, 2018–2032 (USD MILLION) 136
TABLE 152 Rest of Middle East & Africa GAS TURBINE MARKET Estimates & Forecast, By Technology, 2018–2032 (USD MILLION) 136
TABLE 153 COMPETITion DASHBOARD: UHMWPE MARKET 139
TABLE 154 LEADING PLAYERS IN TERMS OF THE NUMBER OF DEVELOPMENTS IN THE gas turbine MARKET 141
TABLE 155 List of Key Players, BY Region 142
TABLE 156 LIST OF NON-OEM REPAIR CENTER / INDEPENDENT SERVICE CENTER OF HEAVY DUTY GAS TURBINE 143
TABLE 157 List of Non-OEM repair center / Independent Service Center of Aeroderivative Gas Turbine 144
TABLE 158 Suppliers 145
TABLE 159 OEMs 146
TABLE 160 Distributors 146
TABLE 161 Service Providers 147
TABLE 162 Suppliers 147
TABLE 163 OEMs 148
TABLE 164 Distributors 149
TABLE 165 Service Providers 149
TABLE 166 Current manufacturer GT production Capacity OF HEAVY DUTY, AERODERIVATIVE, AND INDUSTRIAL GAS TURBINES (IN UNITS) 150
TABLE 167 capacity Expansion 152
TABLE 168 New Product Launch 155
TABLE 169 Acquisition 156
TABLE 170 Agreement 157
TABLE 171 Collaboration 160
TABLE 172 Partnership 161
TABLE 173 Recognition 162
TABLE 174 Innovation 163
TABLE 175 Contract 163
TABLE 176 Siemens Energy: PRODUCTS Offered 165
TABLE 177 General Electric: PRODUCTS Offered 171
TABLE 178 General Electric: Key Developments 173
TABLE 179 Anslado Energia: PRODUCTS Offered 177
TABLE 180 Anslado Energia: Key Developments 178
TABLE 181 IHI Corporation: PRODUCTS Offered 183
TABLE 182 IHI Corporation: Key Developments 184
TABLE 183 MAPNA Group: PRODUCTS Offered 187
TABLE 184 MAPNA Group: Key Developments 188
TABLE 185 Mitsubishi Heavy Industries: PRODUCTS Offered 191
TABLE 186 Mitsubishi Heavy Industries: Key Developments 193
TABLE 187 Bharat Heavy Electricals Limited: PRODUCTS Offered 197
TABLE 188 Bharat Heavy Electricals Limited: Key Developments 198
TABLE 189 Solar Turbines Incorporated: PRODUCTS Offered 201
TABLE 190 Solar Turbines Incorporated: Key Developments 202
TABLE 191 Rolls-Royce: PRODUCTS Offered 205
TABLE 192 Rolls-Royce: Key Developments 206
TABLE 193 Baker Hughes: PRODUCTS Offered 210
TABLE 194 Baker Hughes: Key Developments 211
LIST OF FIGURES
FIGURE 1 Top Oil Producing Countries in 2023 (Million Barrels Per Day) 21
FIGURE 2 Global Power Generating Countries in 2023 (TWH) 22
FIGURE 3 GLOBAL Gas Turbine MARKET (by Region), 2023 24
FIGURE 4 GLOBAL Gas Turbine MARKET snapshot, 2023 25
FIGURE 5 Global Gas Turbine Market: Structure 30
FIGURE 6 GLOBAL Gas Turbine: MARKET GROWTH FACTOR ANALYSIS (2018-2032) 48
FIGURE 7 Natural Gas Production By Country, 2023 (bcm) 50
FIGURE 8 Driver IMPACT ANALYSIS (2024-2032) 51
FIGURE 9 Natural Gas Prices, 2020-2024 (USD/MMBtu) 52
FIGURE 10 challenge IMPACT Analysis (2024-2032) 53
FIGURE 11 Engine or Gas Turbine Utilizing CHP System with Heat Recovery Unit 54
FIGURE 12 Supply CHAIN: GLOBAL GAS TURBINE MARKET 57
FIGURE 13 PORTER'S FIVE FORCES ANALYSIS OF the Gas Turbine Market 59
FIGURE 14 SWOT Analysis Of Global Gas Turbine Market 63
FIGURE 15 PESTLE Analysis Of Global Gas Turbine Market 64
FIGURE 16 Global Gas Turbine Market, BY TYPE, 2023 (% SHARE) 68
FIGURE 17 Global Gas Turbine Market, By Rating Capacity, 2023 (% SHARE) 71
FIGURE 18 Global Gas Turbine Market, BY END-USER, 2023 (% SHARE) 75
FIGURE 19 Global Gas Turbine Market, By Technology, 2023 (% SHARE) 77
FIGURE 20 GLOBAL GAS TURBINE MARKET, BY region, 2018–2032 (Share %) 78
FIGURE 21 Globalgas turbine Market Share Analysis, 2023 (%) 139
FIGURE 22 BENCHMARKING OF MAJOR COMPETITORS 140
FIGURE 23 Comparative Analysis: Key Players Financial, 2023 151
FIGURE 24 Siemens Energy: FINANCIAL OVERVIEW SNAPSHOT 165
FIGURE 25 Siemens Energy.: SWOT ANALYSIS 168
FIGURE 26 General Electric: FINANCIAL OVERVIEW SNAPSHOT 171
FIGURE 27 General Electric: SWOT ANALYSIS 175
FIGURE 28 Anslado Energia: FINANCIAL OVERVIEW SNAPSHOT 177
FIGURE 29 Anslado Energia: SWOT ANALYSIS 180
FIGURE 30 IHI Corporation: FINANCIAL OVERVIEW SNAPSHOT 183
FIGURE 31 IHI Corporation: SWOT ANALYSIS 185
FIGURE 32 MAPNA Group: SWOT ANALYSIS 189
FIGURE 33 Mitsubishi Heavy Industries: FINANCIAL OVERVIEW SNAPSHOT 191
FIGURE 34 Mitsubishi Heavy Industries: SWOT ANALYSIS 194
FIGURE 35 Bharat Heavy Electricals Limited: FINANCIAL OVERVIEW SNAPSHOT 197
FIGURE 36 Bharat Heavy Electricals Limited: SWOT ANALYSIS 199
FIGURE 37 Solar Turbines Incorporated: FINANCIAL OVERVIEW SNAPSHOT 201
FIGURE 38 Solar Turbines Incorporated: SWOT ANALYSIS 203
FIGURE 39 Rolls-Royce: FINANCIAL OVERVIEW SNAPSHOT 205
FIGURE 40 Rolls-Royce: SWOT ANALYSIS 207
FIGURE 41 Baker Hughes: FINANCIAL OVERVIEW SNAPSHOT 210
FIGURE 42 Baker Hughes: SWOT ANALYSIS 212
Senior Research Analyst With an experience of over five years in market research industry (chemicals & materials domain), i gather and analyze market data from diverse sources to produce results, which are then presented back to a client. also, provide recommendations based on the findings. as a senior research analyst, i perform quality checks (qc) for market estimations, qc for reports, and handle queries and work extensively on client customizations. also, handle the responsibilities of client proposals, report planning, report finalization, and execution
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