Global Gas Turbine Market to grow at a CAGR of 3.49% during 2016-2020: Key Vendors are GE, Siemens, Solar Turbines, Ansaldo Energia etc.

ResearchMoz added Latest Research Report titled " Global Gas Turbine Market 2016-2020 " to it's Large Report database.

About the Gas Turbine Market

Gas turbines are used mainly in gas-fired power plants; these plants have an internal combustion engine wherein the fuel is mixed with air, leading to ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which results in rotation of the turbine.

Technavios analysts forecast the global gas turbine market to grow at a CAGR of 3.49% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global gas turbine market for 2016-2020. The capacity additions of new gas turbines as well as aftermarket gas turbines in various end-user segments and the average price of various types of gas turbines have been considered in determining the market size.

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The market is divided into the following segments based on geography:
Americas
APAC
EMEA

Technavio's report, Global Gas Turbine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key vendors
Ansaldo Energia
GE
Kawasaki Heavy Industries
Mitsubishi Hitachi Power Systems
Siemens
Solar Turbines

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Table of Content

PART 01: Executive summary
Highlights
PART 02: Scope of the report
Market overview
Top-vendor offerings
PART 03: Market research methodology
Research methodology
Economic indicators
PART 04: Introduction
Key market highlights
PART 05: Market landscape
Market overview
Market size and forecast by revenue and capacity installed
Five forces analysis
PART 06: Market drivers
Increasing efficiency and durability of gas turbines
Rise in distributed power generation
Growing demand for gas turbines from mobility segment
Regulations on carbon emissions
Consolidation of market vendors
Lower initial cost than other low-carbon emission substitutes
Increase in CCGT power plants
PART 07: Impact of drivers
PART 08: Market challenges
Risk of volatility in natural gas prices
Change in energy mix
Irregularities in natural gas reserves and supplies
Inherent challenges of handling natural gas

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