Gas Turbine Market in North America 2018, Forecast to 2023 - Shift from Coal-based Power to Gas-based Power is Fuelling the Market - ResearchAndMarkets.com
The "North
America Gas Turbine Market - Growth, Trends, and Forecast (2018 - 2023)"
report has been added to ResearchAndMarkets.com's
offering.
The United States, the world's largest gas consumer and producer, is
projected to account for 40% of the extra gas produced by 2022, due to
the significant growth in its domestic shale industry.
Moreover, the US shale revolution is poised to continue recording
progress, and its effects are expected to be amplified by rising LNG
supplies. Therefore, the increasing growth in shale gas production and
the increasing demand for electricity are expected to drive the demand
for gas turbines during the forecast period.
Key Highlights
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Shift from Coal-based Power to Gas-based Power - Driving the Market
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US Leading the Market for Gas Turbine in North America
Key Developments in the Market
-
November 2017: Tyr Energy Inc. chose Siemens as the technology partner
for the Hickory Run Energy Center - a new 1,000 MW natural gas-fired
combined cycle power plant (CCPP) to be built by Kiewit Power
Constructors Co. in Pennsylvania. The facility would be a Siemens
combined-cycle power plant, featuring Siemens H-class technology. It
is slated for operation in spring 2020. Siemens will manufacture and
deliver two H-class gas turbines, one steam turbine, and three
generators.
Companies Mentioned
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General Electric
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Siemens AG
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Mitsubishi Heavy Industries Ltd
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Man Diesel and Turbo SE
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Solar Turbines Inc.
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Kawasaki Heavy Industries Ltd
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Ansaldo Energia SpA
Key Topics Covered
1. Executive Summary
2. Research Methodology
3. Market Overview
4. Market Dynamics
5. Value Chain Analysis
6. Industry Attractiveness - Porter's Five Forces Analysis
7. Market Segmentation and Analysis
8. Regional Market Analysis
9. Key Company Analysis
10. Competitive Landscape
For more information about this report visit https://www.researchandmarkets.com/research/srvt2s/gas_turbine?w=4
View source version on businesswire.com: https://www.businesswire.com/news/home/20180524006227/en/
Copyright Business Wire 2018
Source: Business Wire
(May 24, 2018 - 2:56 PM EDT)
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