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The aeroderivative gas turbine market is forecasted to grow by USD 947 million during 2023-2028, accelerating at a CAGR of 2.2% during the forecast period. The report on the aeroderivative gas turbine market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by decarbonization goals, adoption in electric grid systems for stability, and high levels of investment.
The aeroderivative gas turbine market is segmented as below:
By Technology
- Combined cycle gas turbine (CCGT)
- Open cycle gas turbine (OCGT)
By End-user
- Power generation
- Oil and gas
- Mobility
By Geographical Landscape
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the aeroderivative gas turbine market covers the following areas:
- Aeroderivative Gas Turbine Market sizing
- Aeroderivative Gas Turbine Market forecast
- Aeroderivative Gas Turbine Market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
2 Market Analysis
3 Market Landscape
4 Market Sizing
5 Historic Market Size
6 Qualitative Analysis
7 Five Forces Analysis
8 Market Segmentation by Technology
9 Market Segmentation by End-user
10 Customer Landscape
11 Geographic Landscape
12 Drivers, Challenges, and Opportunity/Restraints
13 Competitive Landscape
14 Competitive Analysis
15 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the global aeroderivative gas turbine market: Baker Hughes Co., Bechtel Corp., Capstone Green Energy Corp., CEM-Chemie Elektronik Metalle GmbH, Doosan Enerbility Co. Ltd., EthosEnergy Group Ltd., GE Vernova Inc., Harbin Turbine Co. Ltd., Honeywell International Inc., IHI Corp., Kawasaki Heavy Industries Ltd., MAN Energy Solutions SE, Mitsubishi Heavy Industries Ltd, MTU Aero Engines AG, Pratt and Whitney, Rolls Royce Holdings Plc, Siemens Energy AG, VBR Turbine Partners BV, Vericor Power Systems, and Wartsila Corp..Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is product innovations."
According to the report, one of the major drivers for this market is the decarbonization goals.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Baker Hughes Co.
- Bechtel Corp.
- Capstone Green Energy Corp.
- CEM-Chemie Elektronik Metalle GmbH
- Doosan Enerbility Co. Ltd.
- EthosEnergy Group Ltd.
- GE Vernova Inc.
- Harbin Turbine Co. Ltd.
- Honeywell International Inc.
- IHI Corp.
- Kawasaki Heavy Industries Ltd.
- MAN Energy Solutions SE
- Mitsubishi Heavy Industries Ltd
- MTU Aero Engines AG
- Pratt and Whitney
- Rolls Royce Holdings Plc
- Siemens Energy AG
- VBR Turbine Partners BV
- Vericor Power Systems
- Wartsila Corp.
