Global Industrial Gas Turbine Market (2018-2023) by Capacity, Type, Application and Geography – ResearchAndMarkets.com

The "Global Industrial Gas Turbine Market - Segmented by Capacity, Type, Application, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

Gas turbines are one of the most widely used technologies in power generation sector, and their usage dates back to 1939.

The factors contributing to the growth of industrial gas turbine market include (but are not limited to) the growing demand for energy, fall in natural gas prices, the low environmental impact and increasing flexibility & efficiency of gas turbines.

On the flipside, the factors that impede market growth include the growing importance of renewable energy sources, macroeconomic uncertainties, and currency devaluations, among other factors.

Key Highlights

• Low Capital Cost to Drive the Market
• Asia-Pacific - Region with the Highest Market Share
• China - Among the Leading Countries in the Market

Notable Developments in the Market

• March 2018: Ecuador's national oil company, Petroecuador, selected Siemens AG for procurement of an 8 MW SGT-300 gas turbine for power generation, to be used in the company's Shushufindi refinery.

Key Topics Covered

1. Executive Summary

2. Research Methodology

3. Market Overview

4. Market Dynamics

5. Supply Chain Analysis

6. Industry Attractiveness - Porter's Five Forces Analysis

7. Market Segmentation and Analysis

8. Regional Market Analysis

9. Key Company Analysis

• General Electric
• Siemens AG
• Mitsubishi Heavy Industries Ltd.
• Harbin Electric International Company Limited
• Bharat Heavy Electricals Limited
• Kawasaki Heavy Industries Ltd.
• Ansaldo Energia S.P.A
• Solar Turbines
• Man Diesel and Turbo SE
• MTU Aero Engines AG/Vericor Power Systems LLC
• Centrax Industries Ltd.

10. Competitive Landscape

11. Future of the Market

For more information about this report visit https://www.researchandmarkets.com/research/k42m26/global_industrial?w=4

View source version on businesswire.com: https://www.businesswire.com/news/home/20180815005632/en/