Gas Turbine Electrical Power Generation Market Size, Share, Trends, Market Growt

Posted by akshayparmar on November 14th, 2017

Gas Turbine Electrical Power Generation Market (Turbine Type: Open and Combined Cycle Gas Turbine; Power Generating Fuel: Fuel Oil, Natural Gas, Kerosene, Diesel and others): Growth, Future Prospects and Competitive Analysis, 2016-2022, the gas turbine electrical power generation market was valued at USD16,515.5Bn in 2015, and is expected to reach USD 21,180.5 Bn by 2022, expanding at a CAGR of 3.4% from 2016 to 2022.

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Market Insights
The demand for gas turbines can be directly linked to the development in gas-fired power plants. However, the production and supply of most of the world’s natural gas is concentrated in a few countries, causing price disparity for importers. Moreover, supply disruptions are prevailing due to the geo-political tensions and pipelines & related infrastructure issues. Hence, factors such as price disparity in international trade of natural gas and continuing concerns over stable natural gas supply are restraining the market for gas turbines.

This market has already matured and is characterized by consolidation activities. GE, Siemens and Mitsubishi Hitachi Power Systems are some of the biggest names in the market. Additionally, Rolls Royce leads specialized in small turbines business. Technical establishment and humongous capital requirements are the most critical entry barriers in the gas turbine electrical power generation market. A majority of these players have realized he significant market opportunities that are yet untapped in the Asian markets and are increasingly targeting the national markets of South Asia.

Chapter 1 Preface
1.1 Report Description
1.1.1 Purpose of the Report
1.1.2 Target Audience
1.1.3 USP and Key Offerings
1.2 Research Scope

Chapter 2 Executive Summary
2.1 Global Gas Turbine Electrical Power Generation Market Revenue, by Turbine Type, 2015, (US$ Mn)
2.2 Global Gas Turbine Electrical Power Generation Market Revenue, by Power Generating Fuels, 2015 v/s 2022, (Value %)
2.3 Global Gas Turbine Electrical Power Generation Market Revenue, by Geography, 2015, (USD Million)

Chapter 3 Global Gas Turbine Electrical Power Generation Market Overview
3.1 Overview
3.1.1 Global Gas Turbine Electrical Power Generation Market Revenue, 2014-2022 (USD Mn)
3.2 Market Inclination Insights
3.2.1 Evolution of Gas Turbine Electrical Power Generation in Market
3.3 Market Drivers
3.3.1 High Demand from Asia Pacific for Electrical Power Generation
3.3.2 Low Level of Emissions from Gas Turbines for Power Generation
3.4 Market Restraints

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