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Global Industrial Gas Turbines Market Size By Segmentations, Top Key Players, Trend, Future Development & Forecast 2024-2035

  • PUBLISHED ON
  • 11/23/2022
  • NO OF PAGES
  • 283
  • CATEGORY
  • Heavy Industry
The competitive landscape analysis of Industrial Gas Turbines Market uncovers detailed company profiles, revenue shares, portfolio innovations, regional product footprint, key developmental strategies, pricing structure, target markets, and near-term plans of market leaders. This entire section helps readers gain an essence of what is driving competition and what would help them stand out to win new target markets.

Market estimates and forecast are backed by an extensive primary research, further complemented by on-point secondary research of Industrial Gas Turbines Market. The research analysts have invested significant time and effort in gathering critical industry information from KIPs such as OEMs, top suppliers and distributors, and government bodies.

Market Segmentations:
The research report includes specific segments by Type and by Application. Each type provides information about the production during the forecast period of 2022 to 2030. Application segment also provides consumption during the forecast period of 2022 to 2030. Understanding the segments helps in identifying the importance of different factors that aid the market growth.

Global Industrial Gas Turbines Market: By Types
<20MW
≥20MW

Global Industrial Gas Turbines Market: By Applications
Power Generation
Oil & Gas
Other

Global Industrial Gas Turbines Market: Regional Analysis
The report offers in-depth assessment of the growth and other aspects of the Industrial Gas Turbines market in important regions, including the U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, Mexico, and Brazil, etc. Key regions covered in the report are North America, Europe, Asia-Pacific and Latin America.
The report has been curated after observing and studying various factors that determine regional growth such as economic, environmental, social, technological, and political status of the particular region. Analysts have studied the data of revenue, production, and manufacturers of each region. This section analyses region-wise revenue and volume for the forecast period of 2022 to 2030. These analyses will help the reader to understand the potential worth of investment in a particular region.
Global Industrial Gas Turbines Market: Competitive Landscape
This section of the report identifies various key manufacturers of the market. It helps the reader understand the strategies and collaborations that players are focusing on combat competition in the market. The comprehensive report provides a significant microscopic look at the market. The reader can identify the footprints of the manufacturers by knowing about the global revenue of manufacturers, the global price of manufacturers, and production by manufacturers during the forecast period of 2016 to 2021.

The major players in the market include: GE, Siemens, MHPS, Ansaldo, Kawasaki, Solar Turbines, MAN Energy, BHEL, etc.


Global Industrial Gas Turbines Market: Market Size Estimation
Both the top-down and bottom-up approaches were used to estimate and validate the size of the market and to estimate the size of various other dependent sub-markets of various marketspaces. The key players in the markets are identified through secondary research, and their market contributions in different applications across regions and globally were determined through primary and secondary research. This entire process included the study of the annual and financial reports of the top market players and extensive interviews for key insights with industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares, splits, and breakdowns were determined using secondary sources and verified through primary sources. All the possible parameters that affect the market covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analysed to arrive at the final quantitative and qualitative data. This data has been consolidated, and detailed inputs and analysis from Analytics Market Research added before being presented in this report.

Reasons to Purchase Industrial Gas Turbines Market Report
• Qualitative and quantitative analysis of the market based on segmentation involving both economic as well as non-economic factors
• Provision of market value (USD Billion) data for each segment and sub-segment
• Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market
• Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region
• Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled
• Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players
• The current as well as the future market outlook of the industry with respect to recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions
• Includes in-depth analysis of the market of various perspectives through Porter’s five forces analysis
• Provides insight into the market through Value Chain
• Market dynamics scenario, along with growth opportunities of the market in the years to come

Frequently Asked Questions
• What is the market size and growth projections?
• What is the market size and growth projection for each of the market segments and sub-segments across Countries & Regions?
• What are the top performing segments, and countries / regions of each of the markets?
• What is the market size and growth rate across key countries / regions?
• How big is the global & regional market in terms of revenue and volume?
• How far market will grow in forecast period in terms of revenue and volume?
• What factors will influence demand and supply trends across each markets during the forecast period?
• What are the technology trends shaping various markets?
• Which country / region has more opportunities?
• What is the COVID-19 impact on the market and how long will it take to recover?
• Who are the key competitors of market Players?
• What are the market share (%) of Key Players?
• What are the Merger & Acquisition, New Product Launch, Recent Development within each of the Markets?
• What are PEST analysis, Ecosystem Analysis, Porter's Five Forecast Analysis, Ansoff Matrix, and SWOT Analysis among other analyses for diverse markets?
Base Year: 2023
Historic Year: 2016-2022
Forecast: 2024-2035
Table of Contents

1 Industrial Gas Turbines Market Overview
1.1 Product Overview and Scope of Industrial Gas Turbines
1.2 Industrial Gas Turbines Segment by Type
1.2.1 Global Industrial Gas Turbines Production Growth Rate Comparison by Type 2022 VS 2030
1.2.2 <20MW
1.2.3 ≥20MW
1.3 Industrial Gas Turbines Segment by Application
1.3.1 Industrial Gas Turbines Consumption Comparison by Application: 2022 VS 2030
1.3.2 Power Generation
1.3.3 Oil & Gas
1.3.4 Other
1.4 Global Industrial Gas Turbines Market by Region
1.4.1 Global Industrial Gas Turbines Market Size Estimates and Forecasts by Region: 2022 VS 2030
1.4.2 North America Estimates and Forecasts (2016-2030)
1.4.3 Europe Estimates and Forecasts (2016-2030)
1.4.4 China Estimates and Forecasts (2016-2030)
1.4.5 Japan Estimates and Forecasts (2016-2030)
1.5 Global Industrial Gas Turbines Growth Prospects
1.5.1 Global Industrial Gas Turbines Revenue Estimates and Forecasts (2016-2030)
1.5.2 Global Industrial Gas Turbines Production Capacity Estimates and Forecasts (2016-2030)
1.5.3 Global Industrial Gas Turbines Production Estimates and Forecasts (2016-2030)

2 Market Competition by Manufacturers
2.1 Global Industrial Gas Turbines Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Industrial Gas Turbines Revenue Share by Manufacturers (2016-2021)
2.3 Market Share by Company Type (Tier 1, Tier 2 and Tier 3)
2.4 Global Industrial Gas Turbines Average Price by Manufacturers (2016-2021)
2.5 Manufacturers Industrial Gas Turbines Production Sites, Area Served, Product Types
2.6 Industrial Gas Turbines Market Competitive Situation and Trends
2.6.1 Industrial Gas Turbines Market Concentration Rate
2.6.2 Global Top 3 and Top 5 Players Market Share by Revenue
2.6.3 Mergers & Acquisitions, Expansion

3 Production Capacity by Region
3.1 Global Production Capacity of Industrial Gas Turbines Market Share by Regions (2016-2021)
3.2 Global Industrial Gas Turbines Revenue Market Share by Regions (2016-2021)
3.3 Global Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 North America Industrial Gas Turbines Production
3.4.1 North America Industrial Gas Turbines Production Growth Rate (2016-2021)
3.4.2 North America Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Industrial Gas Turbines Production
3.5.1 Europe Industrial Gas Turbines Production Growth Rate (2016-2021)
3.5.2 Europe Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 China Industrial Gas Turbines Production
3.6.1 China Industrial Gas Turbines Production Growth Rate (2016-2021)
3.6.2 China Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Japan Industrial Gas Turbines Production
3.7.1 Japan Industrial Gas Turbines Production Growth Rate (2016-2021)
3.7.2 Japan Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)

4 Global Industrial Gas Turbines Consumption by Regions
4.1 Global Industrial Gas Turbines Consumption by Regions
4.1.1 Global Industrial Gas Turbines Consumption by Region
4.1.2 Global Industrial Gas Turbines Consumption Market Share by Region
4.2 North America
4.2.1 North America Industrial Gas Turbines Consumption by Countries
4.2.2 U.S.
4.2.3 Canada
4.3 Europe
4.3.1 Europe Industrial Gas Turbines Consumption by Countries
4.3.2 Germany
4.3.3 France
4.3.4 U.K.
4.3.5 Italy
4.3.6 Russia
4.4 Asia Pacific
4.4.1 Asia Pacific Industrial Gas Turbines Consumption by Region
4.4.2 China
4.4.3 Japan
4.4.4 South Korea
4.4.5 Taiwan
4.4.6 Southeast Asia
4.4.7 India
4.4.8 Australia
4.5 Latin America
4.5.1 Latin America Industrial Gas Turbines Consumption by Countries
4.5.2 Mexico
4.5.3 Brazil

5 Production, Revenue, Price Trend by Type
5.1 Global Industrial Gas Turbines Production Market Share by Type (2016-2021)
5.2 Global Industrial Gas Turbines Revenue Market Share by Type (2016-2021)
5.3 Global Industrial Gas Turbines Price by Type (2016-2021)
5.4 Global Industrial Gas Turbines Market Share by Price Tier (2016-2021): Low-End, Mid-Range and High-End

6 Global Industrial Gas Turbines Market Analysis by Application
6.1 Global Industrial Gas Turbines Consumption Market Share by Application (2016-2021)
6.2 Global Industrial Gas Turbines Consumption Growth Rate by Application (2016-2021)

7 Company Profiles and Key Figures in Industrial Gas Turbines Business
7.1 GE
7.1.1 GE Industrial Gas Turbines Production Sites and Area Served
7.1.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.1.3 GE Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.1.4 Main Business and Markets Served
7.2 Siemens
7.2.1 Siemens Industrial Gas Turbines Production Sites and Area Served
7.2.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.2.3 Siemens Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.2.4 Main Business and Markets Served
7.3 MHPS
7.3.1 MHPS Industrial Gas Turbines Production Sites and Area Served
7.3.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.3.3 MHPS Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.3.4 Main Business and Markets Served
7.4 Ansaldo
7.4.1 Ansaldo Industrial Gas Turbines Production Sites and Area Served
7.4.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.4.3 Ansaldo Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.4.4 Main Business and Markets Served
7.5 Kawasaki
7.5.1 Kawasaki Industrial Gas Turbines Production Sites and Area Served
7.5.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.5.3 Kawasaki Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.5.4 Main Business and Markets Served
7.6 Solar Turbines
7.6.1 Solar Turbines Industrial Gas Turbines Production Sites and Area Served
7.6.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.6.3 Solar Turbines Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.6.4 Main Business and Markets Served
7.7 MAN Energy
7.7.1 MAN Energy Industrial Gas Turbines Production Sites and Area Served
7.7.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.7.3 MAN Energy Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.4.4 Main Business and Markets Served
7.8 BHEL
7.8.1 BHEL Industrial Gas Turbines Production Sites and Area Served
7.8.2 Industrial Gas Turbines Product Introduction, Application and Specification
7.8.3 BHEL Industrial Gas Turbines Production Capacity, Revenue, Price and Gross Margin (2016-2021)
7.8.4 Main Business and Markets Served

8 Industrial Gas Turbines Manufacturing Cost Analysis
8.1 Industrial Gas Turbines Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Key Raw Materials Price Trend
8.1.3 Key Suppliers of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.3 Manufacturing Process Analysis of Industrial Gas Turbines
8.4 Industrial Gas Turbines Industrial Chain Analysis

9 Marketing Channel, Distributors and Customers
9.1 Marketing Channel
9.2 Industrial Gas Turbines Distributors List
9.3 Industrial Gas Turbines Customers

10 Market Dynamics
10.1 Market Trends
10.2 Opportunities and Drivers
10.3 Challenges
10.4 Porter's Five Forces Analysis

11 Production and Supply Forecast
11.1 Global Forecasted Production of Industrial Gas Turbines (2021-2026)
11.2 Global Forecasted Revenue of Industrial Gas Turbines (2021-2026)
11.3 Global Forecasted Price of Industrial Gas Turbines (2021-2026)
11.4 Global Industrial Gas Turbines Production Forecast by Regions (2021-2026)
11.4.1 North America Industrial Gas Turbines Production, Revenue Forecast (2021-2026)
11.4.2 Europe Industrial Gas Turbines Production, Revenue Forecast (2021-2026)
11.4.3 China Industrial Gas Turbines Production, Revenue Forecast (2021-2026)
11.4.4 Japan Industrial Gas Turbines Production, Revenue Forecast (2021-2026)

12 Consumption and Demand Fprecast
12.1 Global Forecasted and Consumption Demand Analysis of Industrial Gas Turbines
12.2 North America Forecasted Consumption of Industrial Gas Turbines by Country
12.3 Europe Market Forecasted Consumption of Industrial Gas Turbines by Country
12.4 Asia Pacific Market Forecasted Consumption of Industrial Gas Turbines by Regions
12.5 Latin America Forecasted Consumption of Industrial Gas Turbines
13 Forecast by Type and by Application (2021-2026)
13.1 Global Production, Revenue and Price Forecast by Type (2021-2026)
13.1.1 Global Forecasted Production of Industrial Gas Turbines by Type (2021-2026)
13.1.2 Global Forecasted Revenue of Industrial Gas Turbines by Type (2021-2026)
13.1.2 Global Forecasted Price of Industrial Gas Turbines by Type (2021-2026)
13.2 Global Forecasted Consumption of Industrial Gas Turbines by Application (2021-2026)
14 Reseach Finding and Conclusion

15 Methodology and Data Source
15.1 Methodology/Research Approach
15.1.1 Research Programs/Design
15.1.2 Market Size Estimation
15.1.3 Market Breakdown and Data Triangulation
15.2 Data Source
15.2.1 Secondary Sources
15.2.2 Primary Sources
15.3 Author List
15.4 Disclaimer

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Case Study- Automotive Sector

One of the key manufacturers of automotive had plans to invest in electric utility vehicles. The electric cars and associated markets being a of evolving nature, the automotive client approached Straits Research for a detailed insight on the market forecasts. The client specifically asked for competitive analysis, regulatory framework, regional prospects studied under the influence of drivers, challenges, opportunities, and pricing in terms of revenue and sales (million units).

Solution

The overall study was executed in three stages, intending to help the client meet its objective of precisely understanding the entire market before deciding on an investment. At first, secondary research was conducted considering political, economic, social, and technological parameters to get a gist of the various aspects of the market. This stage of the study concluded with the derivation of drivers, opportunities, and challenges. It also laid substantial emphasis on understanding and collecting data not only on a global scale but also on the regional and country levels. Data Extraction through Primary Research

The second stage involved primary research in which several market players and automotive parts suppliers were contacted to study their viewpoint concerning the development of their market and production capacity, clientele, and product line. This stage concluded in a brief understanding of the competitive ecosystem and also glanced through the strategies and pricing of the companies profiled.

Market Estimates and Forecast

In the final stage of the study, market forecasts for the electric utility were derived using multiple market engineering approaches. This data helped the client to get an overview of the market and accelerate the process of investment.

Case Study- ICT Sector

Business process outsourcing, being one of the lucrative markets from both supply- and demand- side, has appealed to various companies. One of the prominent corporations based out of Japan approached us with their requirements regarding the scope of the procurement outsourcing market for around 50 countries. Additionally, the client also sought key players operating in the market and their revenue breakdown in terms of region and application.


Business Solution

An exhaustive market study was conducted based on primary and secondary research that involved factors such as labor costs in various countries, skilled and technical labors, manufacturing scenario, and their respective contributions in the global GDP. A comparative study of the market was conducted from both supply- and demand side, with the supply-side comprising of notable companies, such as GEP, Accenture, and others, that provide these services. On the other hand, large manufacturing companies from them demand-side were considered that opt for these services.


Conclusion

The report aided the client in understanding the market trends, including country-level business scenarios, consumer behavior, and trends in 50 countries. The report also provided financial insights of crucial players and detailed market estimations and forecasts till 2028.

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