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Growth Opportunities in the Global Gas Turbine Market for Power Generation 2016-2021:

Growth Opportunities in the Global Gas Turbine Market for Power Generation 2016-2021:

According to a new market report published by Lucintel, the future of the global gas turbinemarket looks good with opportunities in 1-60 MW, 61-180 MW, and more than 180 MW sized gasturbine. The global gas turbine market for power generation is expected to reach an estimated$13.2 billion by 2021 at a CAGR of 3.3% during the forecast period (from 2016 to 2021). Themajor drivers for the growth of this market are increasing focus on relatively cleaner energysources and growing investment in gas-fired power generation due to its lower cost of generatingelectricity.

In this market, 1-60 MW, 61-180 MW, and more than 180 MW are the turbine sizes used forpower generation. On the basis of comprehensive research, Lucintel forecasts that the gasturbine with size of ‘more than 180 MW’ is expected to show above average growth during theforecast period.

Within the gas turbine market, the ’61 MW to 180 MW’ turbine size is expected to remain thelargest segment by both value and volume. High efficiency and low cost per MW are the majorfactors, which would spur growth for this segment over the forecast period.ROW is expected to remain the largest market and is expected to witness the highest growth overthe forecast period due to large scale demand for natural gas based power generation in theregion.

For business expansion, this report suggests innovation and new product development to achievehigher efficiency, low emissions, and improved operating cycle.

Emerging trends, which have a direct impact on the dynamics of the industry, include increasingfocus on gas turbine advancement in order to raise efficiency and development of hightemperature materials for turbines. General Electric, Siemens, and Mitsubishi Heavy Industries,are among the major suppliers of gas turbine.

Lucintel, a leading global strategic consulting and market research firm, has analyzed growthopportunities in the global gas turbine market for power generation by turbine size and region andhas come up with a comprehensive research report, “Growth Opportunities in the Global GasTurbine Market for Power Generation 2016-2021: Trends, Forecast, and OpportunityAnalysis.” The Lucintel report serves as a spring board for growth strategy as it provides acomprehensive data and analysis on trends, key drivers, and directions. The study includes aforecast for the growth opportunities in the global gas turbine market for power generation byturbine size and region as follows:

By turbine size [Volume (GW) and Value ($ billion) from 2010 to 2021]:

1 - 60 MW
61 -180 MW
More than 180 MWBy region [Volume (GW) and Value ($ billion) from 2010 to 2021]:

North America
Europe
APAC
ROWThis report answers following 11 key questions:

Q. 1. What are some of the most promising, high-growth opportunities for gas turbine marketfor power generation by turbine size (1 MW to 60 MW, 61 MW to 180 MW, and more than180 MW) and region (North America, Europe, APAC, and ROW )?

Q. 2.Which segment will grow at a faster pace and why?

Q. 3.Which region will grow at a faster pace and why?

Q.4.What are the key factors affecting market dynamics? What are the drivers andchallenges, and business risks in this market?

Q.5.What are the business risks and competitive threats in this market?

Q.6.What are emerging trends in this market and reasons behind them?

Q.7.What are some of the changing demands of customers in the market?

Q.8.What are the new developments in the market and which companies are leading thesedevelopments?

Q.9.Who are the major players in this market? What strategic initiatives are being taken bykey players for business growth?

Q.10. What are some of the competing products in this market and how big of a threat dothey pose for loss of market share by product substitution?

Q. 11. What M & A activity has occurred in the last 5 years and what is its impact on theindustry?

This unique report from Lucintel will provide you with valuable information, insights, and toolsneeded to identify new growth opportunities and operate your business successfully in thismarket. This report will save hundreds of hours of your own personal research time and willsignificantly benefit you in expanding your business in this market. In today’s stringent economy,you need every advantage that you can find.

Features of This Report:

To make business, investment, and strategic decisions, you need timely, useful information. Thismarket report fulfills this core need and is an indispensable reference guide for multinationalmaterials suppliers, product manufacturers, investors, executives, distributors, and many morethat operate in this market.

Some of the features of “Growth Opportunities in the Global Gas Turbine Market for PowerGeneration 2016-2021: Trends, Forecast, and Opportunity Analysis” include:

Market size estimates: Growth opportunities in the global gas turbine market sizeestimation in terms of value ($B) and volume (GW) shipment.

Trend and forecast analysis: Global gas turbine market trend (2010-2015) and forecast(2016-2021) by region and segment.
Segmentation analysis: Global gas turbine market size by turbine size such as 1-60MW, 61-180 M, and more than 180 MW
Regional analysis: Global gas turbine market breakdown by key regions such as NorthAmerica, Europe, APAC, and ROW.
Growth opportunities: Analysis on growth opportunities in different turbine size andregions
Strategic analysis: This includes M&A, new product development, competitivelandscape, and expansion strategies in the global gas turbine market for powergeneration.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.


1. Executive Summary
2. Industry Background and Classifications
2.1: Introduction to Gas Turbine
2.2: Recent Developments
2.3: Supply Chain
3. Market Trends and Forecast Analysis
3.1: Market Analysis: 2015
3.1.1: Gas Turbine Market by Region
3.1.2: Regional Gas Turbine Market by Turbine Size in 2015
3.1.3: Global Gas Turbine Market by Turbine Size in 2015
3.2: Market Trends: 2010-2015
3.2.1: Macroeconomic Trends
3.2.2: Trends of the Global Gas Turbine Market for Power Generation by Value and
Volume
3.2.3: Gas Turbine Market Trends by Region: 2010-2015
3.2.4: Gas Turbine Market Trends by Turbine Size: 2010-2015
3.2.5: Market Drivers and Challenges
3.3: Market Forecast 2016–2021
3.3.1: Macroeconomic Forecast
3.3.2: Forecast for the Global Gas Turbine Market for Power Generation by Value and
Volume
3.3.3: Regional Market Forecast for Gas Turbines: 2016-2021
3.3.4: Global Gas Turbine Market Forecast by Turbine Size: 2016-2021
4. Competitor Analysis
4.1: Product Portfolio Analysis of Gas Turbine Suppliers
4.2: Market Share Analysis
4.3: Geographical Reach
4.4: Operational Integration
4.5: Porter’s Five Forces Analysis
5. Growth Opportunity and Strategic Analysis
5.1: Growth Opportunities in the Global Gas Turbine Market
5.1.1: Growth Opportunities for Gas Turbine Market by Region
5.1.2: Growth Opportunities for Gas Turbine Market by Turbine Size
5.2: Emerging Trends in the Global Gas Turbine Market
5.3: Strategic Analysis
5.3.1: New Product Development by Competitors
5.3.2: Capacity Expansion in Gas Turbine Market for Power Generation
5.3.3: Technology Development
5.3.4: Mergers and Acquisitions in the Global Gas Turbine Market for Power
Generation
6. Company Profiles of Leading Players
List of Figures
Chapter 2. Industry Background and Classifications
Figure 2.1: Gas Turbine Power Plant
Figure 2.2: Heavy Duty Gas Turbine
Figure 2.3: Components of Gas Turbine
Figure 2.4: Compressor of Gas Turbine
Figure 2.5: Combustor of Gas Turbine
Figure 2.6: Turbine of Gas Turbine
Figure 2.7: Shaft of Gas Turbine
Figure 2.8: Types of Gas Turbine for Power Generation
Figure 2.9: An Open Cycle Unit Diagram
Figure 2.10: A Proposed Natural Gas Combined Cycle Power Plant in New York
Figure 2.11: A Combined Cycle Unit Diagram
Figure 2.12: Systematic Process of Electricity Generation and Distribution
Figure 2.13: Operation of Combined Cycle Gas Turbine of Eon
Figure 2.14: A Combined Gas-Fired Unit Working
Figure 2.15: Natural Gas-Fired Power Plant (Currant Creek) Near Mona, Utah
Figure 2.16: Supply Chain of the Gas Turbine Market for Power GenerationChapter 3. Market Trends and Forecast Analysis
Figure 3.1: Global Gas Turbine Market ($B) Distribution by Region in 2015
Figure 3.2: Global Gas Turbine Market ($B) by Region in 2015
Figure 3.3: Global Gas Turbine Market (GW) Distribution by Region in 2015
Figure 3.4: Global Gas Turbine Market (GW) by Region in 2015
Figure 3.5: Regional Gas Turbine Market ($B) by Turbine Size in 2015
Figure 3.6: Global Gas Turbine Market Distribution ($B) by Turbine Size in 2015
Figure 3.7: Global Gas Turbine Market ($B) by Turbine Size in 2015
Figure 3.8: Global Gas Turbine Market (GW) Distribution by Turbine Size in 2015
Figure 3.9: Global Gas Turbine Market (GW) by Turbine Size in 2015
Figure 3.10: Trends of the Global GDP Growth Rate
Figure: 3.11 Trends of Regional GDP Growth Rates
Figure: 3.12: Trends of Natural Gas Prices ($/mmbtu) from 2010 to 2015
Figure 3.13: Trends of the Global Gas Turbine Market from 2010 to 2015
Figure 3.14: Trends of the Global Gas Turbine Market ($B) by Region from 2010 to 2015
Figure 3.15: Year-over-Year Growth Rate of the Global Gas Turbine Market ($B) byRegion from 2014 to 2015
Figure 3.16: CAGR of the Global Gas Turbine Market ($B) by Region from 2010 to 2015
Figure 3.17: Trends of the Global Gas Turbine Market (GW) by Region from 2010 to
2015
Figure 3.18: Year-over-Year Growth Rate of the Global Gas Turbine Market (GW) byRegion from 2014 to 2015
Figure 3.19: CAGR of the Global Gas Turbine Market (GW) by Region from 2010 to 2015
Figure 3.20: Trends of the Global Gas Turbine Market ($B) by Turbine Size from 2010 to
2015
Figure 3.21: Year-over-Year Growth Rate of the Global Gas Turbine Market ($B) byTurbine Size from 2014 to 2015
Figure 3.22: CAGR of the Global Gas Turbine Market ($B) by Turbine Size from 2010 to
2015
Figure 3.23: Trends of the Global Gas Turbine Market (GW) by Turbine Size from 2010 to
2015
Figure 3.24: Year-over-Year Growth Rate of the Global Gas Turbine Market (GW) byTurbine Size from 2014 to 2015
Figure 3.25: CAGR of the Global Gas Turbine Market (GW) by Turbine Size from 2010 to
2015
Figure 3.26: Drivers and Challenges for the Global Gas Turbine Market
Figure 3.27: Forecast of Global GDP Growth Rate
Figure 3.28: Forecast of Regional GDP Growth Rate
Figure 3.29: Trends of Natural Gas Prices ($/mmbtu) from 2016 to 2021
Figure 3.30: Forecast for the Global Gas Turbine Market Forecast from 2016 to 2021
Figure 3.31: Forecast for the Global Gas Turbine Market ($B) by Region from 2016 to
2021
Figure 3.32: Year-over-Year Growth Rate of the Global Gas turbine Market ($B) byRegion from 2015 to 2016
Figure 3.33: CAGR of the Gas Turbine Market ($B) by Region from 2016 to 2021
Figure 3.34: Forecast for the Global Gas Turbine Market (GW) by Region from 2016 to
2021
Figure 3.35: Year-over-Year Growth Rate of the Global Gas Turbine Market (GW) byRegion from 2015 to 2016
Figure 3.36: CAGR of the Gas Turbine Market (GW) by Region from 2016 to 2021
Figure 3.37: Forecast for the Global Gas Turbine Market ($B) by Turbine Size from 2016to 2021
Figure 3.38: Year-over-Year Growth Rate of the Global Gas Turbine Market ($B) byTurbine Size from 2015 to 2016
Figure 3.39: CAGR of the Global Gas Turbine Market ($B) by Turbine Size from 2016 to
2021
Figure 3.40: Forecast for the Global Gas Turbine Market (GW) by Turbine Size from 2016to 2021
Figure 3.41: Year-over-Year Growth Rate of the Global Gas Turbine Market (GW) byTurbine Size from 2015 to 2016
Figure 3.42: CAGR of the Global Gas Turbine Market (GW) by Turbine Size from 2016 to
2021
Chapter 4. Competitor Analysis
Figure 4.1: Global Gas Turbine Manufacturers’Market Share in 2015
Figure 4.2: Market Share by Top Three Players of the Global Gas Turbine Market in 2015
Figure 4.3: Headquarter Locations of Major Gas Turbine Manufacturers
Figure 4.4: Porter’s Five Forces Analysis for Gas Turbine MarketChapter 5. Growth Opportunity & Strategic Analysis
Figure 5.1: Growth Opportunities in the Gas Turbine Market by Region
Figure 5.2: Growth Opportunities in the Gas Turbine Market by Turbine Size
Figure 5.3: Emerging Trends in the Global Gas Turbine Market
Figure 5.4: Strategic Initiatives by Major Competitors in 2015
Figure 5.5: Strategic Initiatives by Major Competitors in 2014
Figure 5.6: Year-on-Year Study of Strategic Initiatives by Major Competitors in the GlobalGas Turbine Market
Figure 5.7: Capacity Expansion of Major Gas Turbine Manufacturers for PowerGeneration
List of
TablesChapter 1. Executive Summary
Table 1.1: Parameters and Attributes of the Gas Turbine MarketChapter 2. Industry Background and Classifications
Table 2.1: Developments in the Gas Turbine MarketChapter 3. Market Trends and Forecast Analysis
Table 3.1: Trends of the Global Gas Turbine Market for Power Generation from 2010 to
2015
Table 3.2: Average Growth Rates for One, Three, and Five years in the Global GasTurbine Market in Terms of Shipment Value
Table 3.3: Market Size and 2014 to 2015 Growth Rates of the Global Gas Turbine Marketby Region in Terms of Value and Volume
Table 3.4: Market Size and Compound Annual Growth Rates from 2010-2015 of theGlobal Gas Turbine Market by Region in Terms of Value and Volume
Table 3.5: Market Size and 2014 to 2015 Growth Rates of the Global Gas Turbine Marketby Turbine Size in Terms of Value and Volume
Table 3.6: Market Size and Compound Annual Growth Rates during Last Five Years(2010-2015) of the Global Gas Turbine Market by Turbine Size in Terms of Value andVolume
Table 3.7: Forecast for the Global Gas Turbine Market for Power Generation from 2016to 2021
Table 3.8: Average Growth Rates for One, Three, and Five years in the Global GasTurbine Market in Terms of Value Shipment
Table 3.9: Market Size and 2015-2016 Growth Rates in Regional Markets of the GlobalGas Turbine Market in Terms of Value and Volume Production
Table 3.10: Market Size and Annual Growth Rates during Forecast Period from 2016 to
2021, in Various Segments of the Global Gas Turbine Market in Terms of Value and
Volume
Table 3.11: Market Size and 2015-2016 Growth Rates in Turbine Size of the Global GasTurbine Market in Terms of Value and Volume Production
Table 3.12: Market Size and Annual Growth Rates during Forecast Period from 2016 to
2021, in Various Segments of the Global Gas Turbine Market in Terms of Value and
VolumeChapter 4. Competitor Analysis
Table 4.1: Product Portfolio Analysis of Gas Turbine
Table 4.2: Operational Integration of Gas Turbine ManufacturersChapter 5. Growth Opportunity & Strategic Analysis
Table 5.1: New Product Launches by Competitors
Table 5.2: Technological Advancement in the Global Gas Turbine Market for PowerGeneration

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