Gas Turbines Market Trends, Business Overview, Industry Growth and Forecast to 2022-2028
The Gas Turbines Market size is expected to grow at an annual average of CAGR 2% during the forecast period (2022-2028). A gas turbine is a mechanical device that obtains energy by using the kinetic or potential energy of a working fluid or gas. These turbines operate on a Brayton cycle equipped with a heater, compressor, turbine and cooler. The working fluid undergoes a thermodynamic process in which the system converts mechanical/thermal energy into rotational energy.
The following segmentation are covered in this report:
By Technology
- Open Cycle
- Combined Cycle
By Application
- Power Generation
- Oil & Gas
- Marine
- Aerospace
- Process Plants
- Others
By Design Type
- Heavy-duty
- Aero-derivative
Company Profile
- GE (U.S.)
- Siemens (Germany)
- Mitsubishi Hitachi Power Systems, Ltd. (Japan)
- Ansaldo Energia (Italy)
- Solar Turbines (U.S.)
- Kawasaki Heavy Industries, Ltd. (Japan)
- Doosan Heavy Industries & Construction (South Korea)
- Bharat Heavy Electrical Limited (India)
- OPRA Turbines (The Netherlands)
- Rolls-Royce (U.K)
- Vericor Power Systems LLC (U.S.)
Scope of the report
The research study analyses the Gas Turbines Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent developments
- Market overview and growth analysis
- Import and export overview
- Volume analysis
- Current market trends and future outlook
- Market opportunistic and attractive investment segment
Geographic coverage
- North America market size and/or volume
- Latin America market size and/or volume
- Europe market size and/or volume
- Asia-pacific market size and/or volume
- Rest of the world market size and/or volume
Key Questions Answered by Gas Turbines Market Report
- What was the Gas Turbines Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028)
- What will be the Gas Turbines Market CAGR of Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Gas Turbines Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation