Turbine Market in the US 2015-2019

Turbine Market in the US 2015-2019

About Turbines

A turbine is a mechanical device consisting of revolving rotors and blades that transforms rotational energy into usable energy. The fluid used for the rotation can be steam, gas, or other combustion products such as CO2 and carbon monoxide. There are three types of turbines namely steam turbines, gas turbines, and CCGT. Steam turbines extract thermal energy from steam and converts it into mechanical energy. Gas turbines are generally used in gas-fired power plants wherein an internal combustion engine is placed, in which the fuel is mixed with air and ignited. Because of the growing awareness about the environmental pollution caused by thermal power plants, most of the newly constructed gas-fired power plants are CCGT plants.

Technavio's analysts forecast the turbine market in the US to grow at a CAGR of 0.9% in terms of installations over the period 2014-2019.

Covered in this Report

The turbine market in the US can be segmented into three divisions: steam turbines, gas turbines, and CCGT.

Technavio's report, Turbine Market in the US 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Alstom
  • DresserRand
  • Elliot Group
  • General Electric
  • Westinghouse
Other Prominent Vendors
  • Cooper Rolls-Coberra
  • Stewart & Stevenson Power Products
  • United Ring & Seal
  • Duraflex
  • J B Tool Die & Engineering
Market Driver
  • Availability of Shale Gas
  • For a full, detailed list, view our report
Market Challenge
  • High Capital Costs
  • For a full, detailed list, view our report
Market Trend
  • Acquisitions by Leading Manufacturers
  • For a full, detailed list, view our report
Key Questions Answered in this Report
  • What will the market size be in 2019 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?
  • "


    Press Release

    Technavio Announces the Publication of its Research Report – Turbine Market in the US 2015-2019

    Technavio recognizes the following companies as the key players in the turbine market in the US: Alstom, DresserRand, Elliot Group, General Electric and Westinghouse

    Other Prominent Vendors in the market are: Cooper Rolls-Coberra, Stewart & Stevenson Power Products, United Ring & Seal, Duraflex and J B Tool Die & Engineering

    Commenting on the report, an analyst from Technavio’s team said: “Most of the leading turbine manufacturers are leveraging the availability of shale gas in the US by expanding their gas turbine manufacturing capacities. Acquisitions of small companies help the leading manufacturers increase their manufacturing capacity as well as product portfolio.”

    According to the report, shale gas plays a crucial role in electricity generation in the US. It is the most abundant source of natural gas and it plays an important role in catering to the overall energy demand in the country. A major portion of the US' energy needs is met by gas-fired power plants, which are on the rise, fueling demand for CCGT, gas, and steam turbines. The country is one of the largest exporters of shale gas, which will benefit the CCGT and gas turbine markets.

    Further, the report states that variation in fuel quality is one of the major operational concerns associated with gas and steam turbines, as it can cause system failure.

    Companies Mentioned

    Alstom, DresserRand, Elliot Group, General Electric and Westinghouse, Cooper Rolls-Coberra, Stewart & Stevenson Power Products, United Ring & Seal, Duraflex, J B Tool Die & Engineering

  • Executive Summary
  • List of Abbreviations
  • Scope of the Report
    • Market Overview
      • Table Thermal Power Plant Forecast Methodology
    • Product Offerings
  • Market Research Methodology
    • Market Research Process
    • Research Methodology
      • Table Market Research Methodology
  • Key Highlights
    • Increased Shale Gas Availability and Stringent Emission Regulations on Conversion of Coal to Gas-fired Power Plants
    • Increasing Manufacturing Capacity for Gas Turbines
    • CCGT Capacity to Shoot up to 10 GW by 2019
      • Table CCGT installations in US (2014 and 2019)
  • Introduction
    • Table Types of Turbines
    • Table Schematic Diagram of CCGT-based Power Plant
    • Table Schematic Diagram of Steam Turbine-based Power Plant
    • Table Schematic Diagram of Gas Turbine-based Power Plant
  • Market Landscape
    • Market Overview
    • Power Generation Market in US
      • Table Power Generation by Fuel in US 2014
      • Table Power Generation Mix of US 2013 and 2014
      • Table Power Generation in US 2010-2014 (TWh)
    • Market Size and Forecast
      • Table Turbine Market in US 2014-2019 (MW)
    • Five Forces Analysis
  • Market Segmentation by Type
    • Turbine Market in US by Type 2014
      • Table Turbine Market in US by Type 2014
    • Turbine Market in US by Type 2019
      • Table Turbine Market in US by Type 2019
      • Table Turbine Market in US by Type 2014-2019
    • CCGT Market in US
      • Market Size and Forecast
        • Table CCGT Market in US (MW)
        • Table Top Five Active Thermal Power Plants with CCGT in US (MW)
        • Table Top Five Upcoming Thermal Power Plants with CCGT in US (MW)
      • CCGT Market in US by Type of Turbine
        • Table CCGT Market in US by Type of Turbine
        • Table CCGT Market in US by Turbine Type 2014-2019
    • CCGT Market in US by Gas Turbine
      • Table CCGT Market in US by Gas Turbine (MW)
    • CCGT Market in US by Steam Turbine
      • Table CCGT Market in US by Steam Turbine (MW)
      • Table CCGT: Process Lifecycle
    • Gas Turbine Market in US
      • Market Size and Forecast
        • Table Gas Turbine Market in US (MW)
        • Table Top Five Active Thermal Power Plants with Gas Turbines in US (MW)
        • Table Top Five Upcoming Thermal Power Plants with Gas Turbines in US (MW)
    • Steam Turbine Market in US
      • Market Size and Forecast
        • Table Steam Turbine Market in US (MW)
        • Table Top Active Thermal Power Plants with Steam Turbines in US (MW)
        • Table Top Four Upcoming Thermal Power Plants with Steam Turbines in US (MW)
    • Key Regulations
  • Buying Criteria
  • Market Growth Drivers
    • Table Shale Gas Production in US 2008-2013 (billion cubic feet)
  • Drivers and their Impact
  • Market Challenges
  • Impact of Drivers and Challenges
  • Market Trends
    • Table Top Five Fuel Conversion Plants in US (MW)
  • Trends and Their Impact
  • Vendor Landscape
    • Competitive Scenario
      • Key Vendors Snapshot
      • Key News
    • Other Prominent Vendors
  • Key Vendor Analysis
    • Alstom Power
      • Key Facts
      • Business Overview
      • Key Solutions
        • Table Alstom Power: Key Solutions
      • Geographical Presence
        • Table Alstom Power: Geographical Presence
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Dresser-Rand
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2013
        • Table Dresser-Rand: Business Segmentation by Revenue 2013
      • Business Segmentation by Revenue 2012 and 2013
        • Table Dresser-Rand: Business Segmentation by Revenue 2012 and 2013 ($ billion)
      • Geographical Segmentation by Revenue 2013
        • Table Dresser-Rand: Geographical Segmentation by Revenue 2013
      • Business Strategy
      • Recent Developments
      • SWOT Analysis
    • Elliott
      • Key Facts
      • Business Overview
      • Geographical Segmentation
        • Table Elliott: Geographical Segmentation
      • Business Strategy
      • SWOT Analysis
    • GE
      • Key Facts
      • Business Overview
      • Business Segmentation by Revenue 2014
        • Table General Electric: Business Segmentation by Revenue 2014
      • Business Segmentation by Revenue 2013 and 2014
        • Table General Electric: Business Segmentation by Revenue 2013 and 2014 ($billion)
      • Geographical Segmentation by Revenue 2014
        • Table General Electric: Geographical Segmentation by Revenue 2014
      • Business strategy
      • Recent Developments
      • SWOT Analysis
    • Westinghouse Electric
      • Key Facts
      • Business Overview
      • Product Segmentation
        • Table Product Segmentation of Westinghouse Electric 2013
      • Business Strategy
      • Key Information
      • SWOT Analysis
  • Other Reports in this Series

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