Industrial Gas Turbine Ignition System Market by Application and Geography - Global Forecast and Analysis 2019-2023

Industrial Gas Turbine Ignition System Market by Application and Geography - Global Forecast and Analysis 2019-2023

Global Industrial Gas Turbine Ignition System Market: About this market

Industrial gas turbine ignition system primarily comprises of chocolate liquor, milk solids, and milk fat. Technavio’s industrial gas turbine ignition system market analysis considers sales from power generation and mechanical drive applications. Our analysis also considers the sales of industrial gas turbine ignition system in APAC, Europe, MEA, North America, and South America. In 2018, the power generation segment had a significant market share, and this trend is expected to continue over the forecast period. Benefits of using gas turbines over steam or piston turbines in the power generation will play a significant role in the power generation segment to maintain its market position. Also, our global industrial gas turbine ignition system market report looks at factors such as operational efficiencies associated with industrial gas turbines, low capita income, and growing power generation sector. However, fluctuation in gasoline prices, material degradation issues for end-users, and geopolitical risks may hamper the growth of the industrial gas turbine ignition system industry over the forecast period.

Global Industrial Gas Turbine Ignition System Market: Overview

Operational efficiencies associated with industrial gas turbines

Industrial gas turbines are more efficient, reliable, and fuel compatible than substitutes such as steam engine or piston engines. Combustors and the design of the burners in these turbines exhibit superior performance in terms of emission reduction, even with heavy load on the engines. Such features are making gas turbines the most efficient combustion system and subsequently, increasing their demand. This is contributing to the increase in adoption of industrial gas turbine ignition systems, which also facilitates low thermal conductivity. Such operational efficiencies associated with industrial gas turbines will lead to the expansion of the global industrial gas turbine ignition system market at a CAGR of over 8% during the forecast period.

Digitalization of gas turbine operations

Digitalization of operations of heavy-duty industrial machinery, including industrial gas turbines, helps users to operate from far and remote locations. Digitalized operations also help in the identification of issues in heavy-duty industrial machinery well ahead of time, allowing users to eliminate or minimize downtime. The digitalization of gas turbine operations will be one of the key trends in the industrial gas turbine ignition system market during the forecast period.

For the detailed list of factors that will drive the global industrial gas turbine ignition system market during the forecast period 2019-2023, click here.

Competitive Landscape

With the presence of several major players, the global industrial gas turbine ignition system market is fragmented. Technavio’s robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading industrial gas turbine ignition system manufacturers, that include Ansaldo Energia Spa, General Electric Co., IHI Power Systems Co. Ltd., Kawasaki Heavy Industries Ltd., MAN SE, Meggitt Plc, Mitsubishi Heavy Industries Ltd., Siemens AG, Tenneco Inc., and Woodward Inc.

Also, the industrial gas turbine ignition system market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage on all forthcoming growth opportunities.


  • Executive summary
  • Scope of the report
    • Preface
      • Table Vendors: Key product offerings
    • Currency conversion rates for US$
  • Market landscape
    • Market ecosystem
      • Table Global electrical equipment market
      • Table Segments of global electrical equipment market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by application
    • Table Application - Market share 2018-2023 (%)
    • Table Application - Market share 2018-2023 (%)
    • Comparison by application
      • Table Comparison by application
    • Power generation - Market size and forecast 2018-2023
      • Table Power generation - Market size and forecast 2018-2023 ($ millions)
      • Table Power generation - Year-over-year growth 2019-2023 (%)
    • Mechanical drive - Market size and forecast 2018-2023
      • Table Mechanical drive - Market size and forecast 2018-2023 ($ millions)
      • Table Mechanical drive - Year-over-year growth 2019-2023 (%)
    • Market opportunity by application
      • Table Market opportunity by application
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • North America - Market size and forecast 2018-2023
      • Table North America - Market size and forecast 2018-2023 ($ millions)
      • Table North America - Year-over-year growth 2019-2023 (%)
    • Europe - Market size and forecast 2018-2023
      • Table Europe - Market size and forecast 2018-2023 ($ millions)
      • Table Europe - Year-over-year growth 2019-2023 (%)
    • MEA - Market size and forecast 2018-2023
      • Table MEA - Market size and forecast 2018-2023 ($ millions)
      • Table MEA - Year-over-year growth 2019-2023 (%)
    • South America - Market size and forecast 2018-2023
      • Table South America - Market size and forecast 2018-2023 ($ millions)
      • Table South America - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Impact of drivers and challenges
  • Market trends
    • Development of hybrid energy systems for gas turbines
    • Digitalization of gas turbine operations
    • Increasing use of Arabian super light crude oil
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
    • Competitive scenario
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Ansaldo Energia Spa
      • Table Ansaldo Energia Spa - Vendor overview
      • Table Ansaldo Energia Spa - Business segments
      • Table Ansaldo Energia Spa - Organizational developments
      • Table Ansaldo Energia Spa - Geographic focus
      • Table Ansaldo Energia Spa - Segment focus
      • Table Ansaldo Energia Spa - Key offerings
    • General Electric Co.
      • Table General Electric Co. - Vendor overview
      • Table General Electric Co. - Product segments
      • Table General Electric Co. - Organizational developments
      • Table General Electric Co. - Geographic focus
      • Table General Electric Co. - Segment focus
      • Table General Electric Co. - Key offerings
    • IHI Power Systems Co. Ltd.
      • Table IHI Power Systems Co. Ltd. - Vendor overview
      • Table IHI Power Systems Co. Ltd. - Business segments
      • Table IHI Power Systems Co. Ltd. - Organizational developments
      • Table IHI Power Systems Co. Ltd. - Geographic focus
      • Table IHI Power Systems Co. Ltd. - Segment focus
      • Table IHI Power Systems Co. Ltd. - Key offerings
    • Kawasaki Heavy Industries Ltd.
      • Table Kawasaki Heavy Industries Ltd. - Vendor overview
      • Table Kawasaki Heavy Industries Ltd. - Business segments
      • Table Kawasaki Heavy Industries Ltd. - Organizational developments
      • Table Kawasaki Heavy Industries Ltd. - Geographic focus
      • Table Kawasaki Heavy Industries Ltd. - Segment focus
      • Table Kawasaki Heavy Industries Ltd. - Key offerings
    • MAN SE
      • Table MAN SE - Vendor overview
      • Table MAN SE - Business segments
      • Table MAN SE - Organizational developments
      • Table MAN SE - Geographic focus
      • Table MAN SE - Segment focus
      • Table MAN SE - Key offerings
    • Meggitt Plc
      • Table Meggitt Plc - Vendor overview
      • Table Meggitt Plc - Business segments
      • Table Meggitt Plc - Organizational developments
      • Table Meggitt Plc - Geographic focus
      • Table Meggitt Plc - Segment focus
      • Table Meggitt Plc - Key offerings
    • Mitsubishi Heavy Industries Ltd.
      • Table Mitsubishi Heavy Industries Ltd. - Vendor overview
      • Table Mitsubishi Heavy Industries Ltd. - Business segments
      • Table Mitsubishi Heavy Industries Ltd. - Organizational developments
      • Table Mitsubishi Heavy Industries Ltd. - Geographic focus
      • Table Mitsubishi Heavy Industries Ltd. - Segment focus
      • Table Mitsubishi Heavy Industries Ltd. - Key offerings
    • Siemens AG
      • Table Siemens AG - Vendor overview
      • Table Siemens AG - Business segments
      • Table Siemens AG - Organizational developments
      • Table Siemens AG - Geographic focus
      • Table Siemens AG - Segment focus
      • Table Siemens AG - Key offerings
    • Tenneco Inc.
      • Table Tenneco Inc. - Vendor overview
      • Table Tenneco Inc. - Business segments
      • Table Tenneco Inc. - Organizational developments
      • Table Tenneco Inc. - Geographic focus
      • Table Tenneco Inc. - Segment focus
      • Table Tenneco Inc. - Key offerings
    • Woodward Inc.
      • Table Woodward Inc. - Vendor overview
      • Table Woodward Inc. - Business segments
      • Table Woodward Inc. - Organizational developments
      • Table Woodward Inc. - Geographic focus
      • Table Woodward Inc. - Segment focus
      • Table Woodward Inc. - Key offerings
  • Appendix
    • Research methodology
      • Table Validation techniques employed for market sizing
    • List of abbreviations
    • Definition of market positioning of vendors
      • Table Definition of market positioning of vendors
  • Explore Technavio

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