Sep 5, 2018   SOURCE: BusinessWire

Global Gas Turbine Market 2018-2022 - Growing Use of Alternative Fuel Types for Aeroderivative Gas Turbines - ResearchAndMarkets.com

The "Global Gas Turbine Market 2018-2022" report has been added to ResearchAndMarkets.com's offering.

The global gas turbine market to grow at a CAGR of 3.29% during the period 2018-2022.

The report covers the present scenario and the growth prospects of the global gas turbine market for 2018-2022. To calculate the market size, the report considers the revenue generated from the sales of different types of gas turbines across the end-user industries. The report also includes a discussion of the key vendors operating in this market.

The latest trend gaining momentum in the market is the development of GTCC and IGCC technologies. The adoption of these technologies as a substitute to coal-fired plants will offer increased efficiency and their ability to reduce carbon emissions.

According to the report, one of the major drivers for this market is the enhanced efficiency and robustness of gas turbines. The increase in the efficiency and durability will not only decrease the operational costs of gas turbines but also offer operational benefits.

Further, the report states that one of the major factors hindering the growth of this market is the growth of the renewable energy sector. The growth of renewable energy sector, particularly solar energy and wind energy sectors, is a key challenge faced by the global gas turbine market.

Market Trends

  • Development of GTCC and IGCC technologies
  • Rapid decline in the demand for F-class gas turbines
  • Growing use of alternative fuel types for aeroderivative gas turbines

Key vendors

  • Ansaldo Energia
  • Caterpillar
  • General Electric
  • Kawasaki Heavy Industries
  • Mitsubishi Heavy Industries
  • Siemens

Key Topics Covered:

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Market Landscape

Part 05: Market Sizing

Part 06: Five Forces Analysis

Part 07: Market Segmentation By Technology

Part 08: Market Segmentation By Product

Part 09: Customer Landscape

Part 10: Market Segmentation By End-User

Part 11: Regional Landscape

Part 12: Decision Framework

Part 13: Drivers And Challenges

Part 14: Market Trends

Part 15: Vendor Landscape

Part 16: Vendor Analysis

Part 17: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/8msrjk/global_gas?w=4