Aeroderivative Gas Turbine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

Coverage: Aeroderivative Gas Turbine Market covers analysis By Capacity (Below 500kW, 500kW to 1MW, 1MW to 30MW, 30MW to 70MW, Above 70MW.); Technology (Open Cycle, Combined cycle.); Application (Power Plants, Oil and Gas, Process Plants, Aviation, Marine, Others.) , and Geography (North America, Europe, Asia Pacific, and South and Central America)

  • Report Code : TIPRE00027584
  • Category : Energy and Power
  • No. of Pages : 150
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Aeroderivative Gas Turbine Market Size and Forecasts (2021 - 2031), Global and Regional Share, Trends, and Growth Opportunity Analysis

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MARKET INTRODUCTION
The aeroderivative gas turbine is a lighter weight variation of a gas turbine. They are designed so that fuel and air are mixed and then ignited to achieve the desired output. The design of gas turbines is comprised of a compression device to facilitate the taking in of air and compressing it (the "gas in this case) and then applying heat by means of a burner. The resulting flow of hot air is used as the source of powering the turbine. One area of widespread use of aeroderivative gas turbine technology is in aviation where the power harnessed by the turbine is used to power a compressor. The hot air that exits the turbine is used for thrust by forcing the air into the atmosphere via an exhaust nozzle.

MARKET DYNAMICS
Aeroderivative gas turbine is emerging as mainstream for an engine with advancement in design and growing R&D across industries. Initially, the aeroderivative gas turbine was known as a lighter weight variation of a gas turbine. Aeroderivative gas turbines are designed so that air and fuel are mixed and then ignited to attain the desired output. The primary features of an aeroderivative gas turbine are low mass and high efficiency. Other than these, aeroderivative gas turbine offers other vital benefits to industries. It could start up more quickly for peak and emergency electricity generation. Also, aeroderivative turbines offered lower weight in a smaller footprint, which is ideal for offshore platforms.



MARKET SCOPE
The ˜Global Aeroderivative Gas Turbine Market' is a specialized and in-depth study of the consumer goods industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the aeroderivative gas turbine market with detailed market segmentation by capacity, technology and application. The global aeroderivative gas turbine market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading aeroderivative gas turbine market players and offers key trends and opportunities in the market.





MARKET SEGMENTATION
The ˜Global Aeroderivative Gas Turbine Market' is segmented by capacity, by technology and by application. By capacity, the market is segmented into below 500kW, 500kW to 1MW, 1MW to 30MW, 30MW to 70MW, and above 70MW.By technology, the market is segmented into an open cycle and a combined cycle. Based on application, market is fragmented into power plants, oil & gas, process plants, aviation, marine, and others.



REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It also provides market size and forecast estimates from the year 2018 to 2028 concerning five major regions, namely; North America, Europe, Asia- Pacific (APAC), Middle East and Africa (MEA), and South America. The aeroderivative gas turbine market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.

The report analyzes factors affecting the aeroderivative gas turbine market from both the demand and supply sides. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides an exhaustive best analysis for all five regions, namely; North America, Europe APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the aeroderivative gas turbine market in these regions.
IMPACT OF COVID 19
The electric power generation market declined, and the mechanical drive market declined, which was a grim year all around the world, as the COVID-19 pandemic killed millions and cratered economies. The gas turbine industry reflects that adversity. Industry-wise, the pandemic has also led to other challenges related to lockdown measures that caused gas turbine equipment maintenance to be deferred. Despite the upswing of value, the landscape shows an opportunity for new control system technologies, which increase the efficiency of the gas turbine operation. Add to this mix the political uncertainty and global emissions regulations, the industry will continue to evolve to manage through the challenges of a post-pandemic economy in the future.

Aeroderivative Gas Turbine Market Report Analysis

Aeroderivative Gas Turbine Market

  • CAGR (2023 - 2031)
    XX%
  • Market Size 2023
    US$ XX Million
  • Market Size 2031
    US$ XX Million

Report Coverage

  • Market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
  • Key future trends
  • Detailed PEST/Porter’s Five Forces and SWOT analysis
  • Industry landscape and competition analysis & recent developments
  • Detailed company profiles
  • Global and regional market analysis covering key market trends, major players, regulations, and recent market developments

Key Players

  • General Electric
  • Mitsubishi Hitachi Power Systems
  • Siemens
  • Wood Group
  • Kawasaki Heavy Industries
  • Solar Turbines
  • MTU Aero Engines
  • Ansaldo Energia
  • Sulzer

Regional Overview

  • North America
  • Europe
  • Asia-Pacific
  • South and Central America
  • Middle East and Africa

Market Segmentation

By Capacity
  • Below 500kW
  • 500kW to 1MW
  • 1MW to 30MW
  • 30MW to 70MW
  • Above 70MW.
By Technology
  • Open Cycle
  • Combined cycle.
By Application
  • Power Plants
  • Oil and Gas
  • Process Plants
  • Aviation
  • Marine
  • Others.
  • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
MARKET PLAYERS

The report covers vital developments in the aeroderivative gas turbine market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships and collaborations. These activities have paved the way for the expansion of businesses and the customer base of market players. The market players from the aeroderivative gas turbine market are anticipated to have lucrative growth opportunities in the future with the rising demand for aeroderivative gas turbine in the global market. Below mentioned is the list of a few companies engaged in the aeroderivative gas turbine market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the aeroderivative gas turbine market. Decide the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.

  •   Ansaldo Energia
  •   General Electric
  •   Kawasaki Heavy Industries
  •   MAN Diesel & Turbo
  •   Mitsubishi Hitachi Power Systems
  •   MTU Aero Engines
  •   Siemens
  •   Solar Turbines
  •   Sulzer
  •   Wood Group

The Insight Partners dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

Aeroderivative Gas Turbine Market Report Scope

Report Attribute Details
Market size in 2023 US$ XX Million
Market Size by 2031 US$ XX Million
Global CAGR (2023 - 2031) XX%
Historical Data 2021-2022
Forecast period 2024-2031
Segments Covered By Capacity
  • Below 500kW
  • 500kW to 1MW
  • 1MW to 30MW
  • 30MW to 70MW
  • Above 70MW.
By Technology
  • Open Cycle
  • Combined cycle.
By Application
  • Power Plants
  • Oil and Gas
  • Process Plants
  • Aviation
  • Marine
  • Others.
Regions and Countries Covered North America
  • US
  • Canada
  • Mexico
Europe
  • UK
  • Germany
  • France
  • Russia
  • Italy
  • Rest of Europe
Asia-Pacific
  • China
  • India
  • Japan
  • Australia
  • Rest of Asia-Pacific
South and Central America
  • Brazil
  • Argentina
  • Rest of South and Central America
Middle East and Africa
  • South Africa
  • Saudi Arabia
  • UAE
  • Rest of Middle East and Africa
Market leaders and key company profiles
  • General Electric
  • Mitsubishi Hitachi Power Systems
  • Siemens
  • Wood Group
  • Kawasaki Heavy Industries
  • Solar Turbines
  • MTU Aero Engines
  • Ansaldo Energia
  • Sulzer
    • Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
    Report Coverage
    Report Coverage

    Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends

    Segment Covered
    Segment Covered

    This text is related
    to segments covered.

    Regional Scope
    Regional Scope

    North America, Europe, Asia Pacific, Middle East & Africa, South & Central America

    Country Scope
    Country Scope

    This text is related
    to country scope.

    The List of Companies

    1.General Electric
    2.Mitsubishi Hitachi Power Systems
    3.Siemens
    4.Wood Group
    5.Kawasaki Heavy Industries
    6.Solar Turbines
    7.MTU Aero Engines
    8.Ansaldo Energia
    9.Sulzer
    10.MAN Diesel and Turbo

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