Gas Turbines Market: By Design Type, Application, Rated Capacity & Forecast, 2015-2021

Gas Turbines Market: By Design Type, Application, Rated Capacity & Forecast, 2015-2021

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Gas Turbines Market (Heavy Duty and Aeroderivative), By Rated Capacity (1 To 40 MW, 40 To 120 MW, 120 To 300 MW, and Above 300 MW), By Application (Oil & Gas, Power Generation and Other Industries) – Global Industry Perspective, Comprehensive Analysis, Size, Share, Growth, Segment, Trends and Forecast, 2015 – 2021

Global gas turbines market is expected to reach USD 20.5 billion in 2021, growing at a CAGR of 4% during 2016 and 2021.




According to the report, global gas turbines market was valued at USD 16.0 billion in 2015, is expected to reach USD 20.5 billion in 2021 and is anticipated to grow at a CAGR of around 4% between 2016 and 2021.

Turbines are the mechanical devices that take out energy from a variety of sources such as water, steam, and gas and transfer it into useful energy. A gas turbine also referred as a combustion turbine, is a type of inner combustion engine. Turbines are utilized for electricity generation from the different sources of energies, such as tidal and wind energy. Furthermore, turbines are used in aircraft’s engines. The first practical gas turbine used to generate electricity ran at Neuchatel, Switzerland in 1939 and was developed by the Brown Boveri Company. Gas turbines are an important part of distributed power technologies product group along with diesel and small wind turbines, solar panels, and gas reciprocating engines.

A key growth driver for gas turbine market is the increasing ability and durability of gas turbines. The rising efficiency of gas turbines is anticipated to the growth of the market in 2015. A strict carbon emission regulation across the globe is expected to fuel the gas turbines market in forthcoming years. The advancement in technology coupled with lower power generating cost and high performance of gas turbines are the key factors associated with the development of gas turbines market.Gas turbines are a highly important part of distributed power technologies product. Hence, development of distributed power systems can be transformed to an enhanced demand for gas turbines during the upcoming years.

Gas Turbines Market Revenue

Gas turbines market is segmented on the basis of design type, application, rated capacity and geography. On the basis of design type turbines, the market is segmented into heavy duty type and aero-derivative type gas turbines. By Application, the turbines market is segmented into oil & gas, power generation, and other industries. On the basis of rated capacity turbines are segmented into 1 to 40 MW, 40 to 120 MW, 120 to 300 MW, and above 300 MW. Above 300 MW rated capacity gas turbines has been emerged as potential segments due to rising demand worldwide and acquired a significant share of the overall market in 2015. On the basis of technology, the market is segmented into open cycle and closed cycle gas turbines. A combined cycle technology expected to be the dominant technology in global gas turbines market in the forecast period.

Global gas turbines market is expected to grow steadily in future. Asia Pacific dominated the gas turbines market in 2015, followed by North America and Europe. The biggest share of Asia Pacific region can be attributed to various factors such as rapid economic growth, industrialization, and the vast requirement for electric power from various countries in this region. Japan accounted for the largest share in gas turbines market in 2015.Latin America represents a region with a large potential for gas turbines market.

Companies in this industry are continuously striving for distinct and innovative ways to improve their market share and sales. Some of the well-established players in this market include Siemens AG, Alstom S.A, Bharat Heavy Electricals Limited, Mitsubishi Hitachi Power Systems, General Electric Company, AnsaldoEnergia S.P.A and among others.

  • Chapter 1. Preface
    • 1.1. Report description and scope
    • 1.2. Research scope
    • 1.3. Research methodology
      • 1.3.1. Market research process
      • 1.3.2. Market research methodology
  • Chapter 2. Executive Summary
    • 2.1. Global Gas turbines Market, 2015 – 2021, (USD Billion)
    • 2.2. Gas turbines : Market snapshot
  • Chapter 3. Gas turbines Market: Industry Analysis
    • 3.1. Gas turbines : Market dynamics
    • 3.2. Market Drivers
      • 3.2.1. Increasing ability and durability of gas turbines
      • 3.2.2. Strict carbon emission regulation across the globe
      • 3.2.3. Advancement in technology
      • 3.2.4. Lower power generating cost and high performance of gas turbines
    • 3.3. Restraints
      • 3.3.1. Extended start-up time
      • 3.3.2. Low sensitivity to modification in power demand
    • 3.4. Opportunity
      • 3.4.1. Advancing technologies
    • 3.5. Porter’s Five Forces Analysis
    • 3.6. Market Attractiveness Analysis
      • 3.6.1. Market attractiveness analysis by design type segment
      • 3.6.2. Market attractiveness analysis by application segment
      • 3.6.3. Market attractiveness analysis by rated capacity segment
      • 3.6.4. Market attractiveness analysis by technology segment
      • 3.6.5. Market attractiveness analysis by region segment
  • Chapter 4. Global Gas turbines Market: Competitive Landscape
    • 4.1. Company Market Share Analysis
      • 4.1.1. Global gas turbines market: company market share, 2015
    • 4.2. Strategic Development
      • 4.2.1. Acquisitions & Mergers
      • 4.2.2. New Product Launch
      • 4.2.3. Agreements, Partnerships, Collaborations and Joint Ventures
      • 4.2.4. Research and Development, Product and Regional Expansion
    • 4.3. Price Trend Analysis
    • 4.4. Product Portfolio
    • 4.5. Patent Analysis (2011-2016)
      • 4.5.1. Patent Trend
      • 4.5.2. Patent Share by company
      • 4.5.3. By Region
  • Chapter 5. Global Gas turbines Market: Design Type Overview
    • 5.1. Global gas turbines market share, by design type, 2015 and 2021
    • 5.2. Global gas turbines market for heavy duty type, 2015 – 2021(USD Billion)
    • 5.3. Global gas turbines market for aeroderivative type, 2015 – 2021 (USD Billion)
  • Chapter 6. Global Gas turbines Market: Application Overview
    • 6.1. Global gas turbines market share, by application, 2015 and 2021
    • 6.2. Global gas turbines market for oil & gas, 2015 – 2021(USD Billion)
    • 6.3. Global gas turbines market for power generation, 2015 – 2021 (USD Billion)
    • 6.4. Global gas turbines market for other industries, 2015 – 2021 (USD Billion)
  • Chapter 7. Global Gas turbines Market: Rated Capacity Overview
    • 7.1. Global gas turbines market share for rated capacity, 2015 and 2021
    • 7.2. Global gas turbines market for 1-40 MW, 2015 – 2021(USD Billion)
    • 7.3. Global gas turbines market for 40-120 MW, 2015 – 2021 (USD Billion)
    • 7.4. Global gas turbines market for 120-300 MW, 2015 – 2021 (USD Billion)
    • 7.5. Global gas turbines market for above 300 MW, 2015 – 2021 (USD Billion)
  • Chapter 8. Global Gas turbines Market: Technology Overview
    • 8.1. Global gas turbines market share, by technology, 2015 and 2021
    • 8.2. Global gas turbines market for open cycle technology, 2015 – 2021(USD Billion)
    • 8.3. Global gas turbines market for combined cycle technology, 2015 – 2021 (USD Billion)
  • Chapter 9. Global Gas turbines Market: Regional Analysis
    • 9.1. Global gas turbines market: Regional overview
      • 9.1.1. Global gas turbines market share, by region, 2015 and 2021
    • 9.2. North America
      • 9.2.1. North America gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
      • 9.2.2. North America gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
      • 9.2.3. North America gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
      • 9.2.4. North America gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
      • 9.2.5. U.S.
        • 9.2.5.1. U.S gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.2.5.2. U.S gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.2.5.3. U.S gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.2.5.4. U.S gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
    • 9.3. Europe
      • 9.3.1. Europe gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
      • 9.3.2. Europe gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
      • 9.3.3. Europe gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
      • 9.3.4. Europe gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
      • 9.3.5. UK
        • 9.3.5.1. UK gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.3.5.2. UK gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.3.5.3. UK gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.3.5.4. UK gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
      • 9.3.6. France
        • 9.3.6.1. France gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.3.6.2. France gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.3.6.3. France gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.3.6.4. France gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
      • 9.3.7. Germany
        • 9.3.7.1. Germany gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.3.7.2. Germany gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.3.7.3. Germany gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.3.7.4. Germany gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
    • 9.4. Asia Pacific
      • 9.4.1. Asia Pacific gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
      • 9.4.2. Asia Pacific gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
      • 9.4.3. Asia Pacific gas turbines market revenue, by rated capacity, 2015 – 5 – 2021 (USD Billion)
      • 9.4.4. Asia Pacific gas turbines market revenue, by technology, 2015 – 5 – 2021 (USD Billion)
      • 9.4.5. China
        • 9.4.5.1. China gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.4.5.2. China gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.4.5.3. China gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.4.5.4. China gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
      • 9.4.6. India
        • 9.4.6.1. India gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.4.6.2. India gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.4.6.3. India gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.4.6.4. India gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
    • 9.5. Latin America
      • 9.5.1. Latin America gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
      • 9.5.2. Latin America gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
      • 9.5.3. Latin America gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
      • 9.5.4. Latin America gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
      • 9.5.5. Brazil
        • 9.5.5.1. Brazil gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
        • 9.5.5.2. Brazil gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
        • 9.5.5.3. Brazil gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
        • 9.5.5.4. Brazil gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
    • 9.6. Middle East & Africa
      • 9.6.1. Middle East & Africa gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
      • 9.6.2. Middle East & Africa gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
      • 9.6.3. Middle East & Africa gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
      • 9.6.4. Middle East & Africa gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
  • Chapter 10. Company Profiles
    • 10.1. Siemens AG
      • 10.1.1. Overview
      • 10.1.2. Financials
      • 10.1.3. Product portfolio
      • 10.1.4. Business strategy
      • 10.1.5. Recent developments
    • 10.2. Alstom S.A
      • 10.2.1. Overview
      • 10.2.2. Financials
      • 10.2.3. Product portfolio
      • 10.2.4. Business strategy
      • 10.2.5. Recent developments
    • 10.3. Bharat Heavy Electricals Limited
      • 10.3.1. Overview
      • 10.3.2. Financials
      • 10.3.3. Product portfolio
      • 10.3.4. Business strategy
      • 10.3.5. Recent developments
    • 10.4. Mitsubishi Hitachi Power Systems
      • 10.4.1. Overview
      • 10.4.2. Financials
      • 10.4.3. Product portfolio
      • 10.4.4. Business strategy
      • 10.4.5. Recent developments
    • 10.5. General Electric Company
      • 10.5.1. Overview
      • 10.5.2. Financials
      • 10.5.3. Product portfolio
      • 10.5.4. Business strategy
      • 10.5.5. Recent developments
    • 10.6. Ansaldo Energia S.P.A
      • 10.6.1. Overview
      • 10.6.2. Financials
      • 10.6.3. Product portfolio
      • 10.6.4. Business strategy
      • 10.6.5. Recent developments
  • Chapter 11. Patents
    • 11.1. U.S. (US Patents)
    • 11.2. Europe (EP documents)
    • 11.3. Japan (Abstracts of Japan)
    • 11.4. Global (WIPO (PCT))

List of Figures

1. Global gas turbines market segmentation by design type, application, rated capacity, technology, and geography
2. Global gas turbines  market, 2015 – 2021 (USD Billion)
3. Porter’s five forces analysis: Gas turbines  market
4. Market attractiveness analysis by design type segment
5. Market attractiveness analysis by application segment
6. Market attractiveness analysis by rated capacity segment
7. Market attractiveness analysis by technology segment
8. Market attractiveness analysis by regional segment
9. Global gas turbines  market : Company Market Share, 2015
10. Price Trend Analysis : Gas turbines  market
11. Patent trend between 2011 -2016
12. Patent Share by Company between 2011 – 2016
13. Patent Share by Region between 2011 – 2016
14. Global gas turbines market share, by design type, 2015 -2021
15. Global gas turbines market for heavy duty type, 2015 – 2021 (USD Billion)
16. Global gas turbines market for aeroderivative type, 2015 – 2021 (USD Billion)
17. Global gas turbines market share, by application, 2015 -2021
18. Global gas turbines market for oil & gas, 2015 – 2021 (USD Billion)
19. Global gas turbines market for power generation, 2015 – 2021 (USD Billion)
20. Global gas turbines market for other industries, 2015 – 2021 (USD Billion)
21. Global gas turbines market share, by rated capacity, 2015 -2021
22. Global gas turbines market for 1-40 MW, 2015 – 2021 (USD Billion)
23. Global gas turbines market for 40-120 MW, 2015 – 2021 (USD Billion)
24. Global gas turbines market for 120-300 MW, 2015 – 2021 (USD Billion)
25. Global gas turbines market for Above 300 MW, 2015 – 2021 (USD Billion)
26. Global gas turbines market share, by technology, 2015 -2021
27. Global gas turbines market for open cycle technology, 2015 – 2021 (USD Billion)
28. Global gas turbines market for combined cycle technology, 2015 – 2021 (USD Billion)
29. Global gas turbines market share, by region, 2015 – 2021
30. North America gas turbines  market, 2015 – 2021, (USD Billion)
31. U.S. gas turbines market, 2015 – 2021, (USD Billion)
32. Europe gas turbines market, 2015 – 2021, (USD Billion)
33. UK gas turbines market, 2015 – 2021, (USD Billion)
34. France gas turbines market, 2015 – 2021, (USD Billion)
35. Germany gas turbines market, 2015 – 2021, (USD Billion)
36. Asia Pacific gas turbines market, 2015 – 2021, (USD Billion)
37. China gas turbines market, 2015 – 2021, (USD Billion)
38. Japan gas turbines market, 2015 – 2021, (USD Billion)
39. India gas turbines market, 2015 – 2021, (USD Billion)
40. Latin America gas turbines market, 2015-2021, (USD Billion)
41. Brazil gas turbines market, 2015 – 2021, (USD Billion)
42. Middle East & Africa gas turbines market, 2015 – 2021, (USD Billion)


List of Tables

1. Global gas turbines market snapshot
2. Drivers for gas turbines market: Impact analysis
3. Restraints of gas turbines market: Impact analysis
4. North America gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
5. North America gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
6. North America gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
7. North America gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
8. U.S. gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
9. U.S. gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
10. U.S. gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
11. U.S. gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
12. Europe gas turbines  market revenue, by design type, 2015 – 2021 (USD Billion)
13. Europe gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
14. Europe gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
15. Europe gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
16. UK gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
17. UK gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
18. UK gas turbines  market revenue, by rated capacity, 2015 – 2021 (USD Billion)
19. UK gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
20. France gas turbines  market revenue, by design type, 2015 – 2021 (USD Billion)
21. France gas turbines  market revenue, by application, 2015 – 2021 (USD Billion)
22. France gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
23. France gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
24. Germany gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
25. Germany gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
26. Germany gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
27. Germany gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
28. Asia-Pacific gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
29. Asia-Pacific gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
30. Asia-Pacific gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
31. Asia-Pacific gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
32. China gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
33. China gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
34. China gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
35. China gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
36. Japan gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
37. Japan gas turbines market revenue, by application, 2015 – 2021 (USD Billion)
38. Japan gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
39. Japan gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
40. India gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
41. India gas turbines  market revenue, by application, 2015 – 2021 (USD Billion)
42. India gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
43. India gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
44. Latin America gas turbines  market revenue, by design type, 2015 – 2021 (USD Billion)
45. Latin America gas turbines  market revenue, by application, 2015 – 2021 (USD Billion)
46. Latin America gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
47. Latin America gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)
48. Brazil gas turbines market revenue, by design type, 2015 – 2021 (USD Billion)
49. Brazil gas turbines  market revenue, by application, 2015 – 2021 (USD Billion)
50. Brazil gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
51. Brazil gas turbines  market revenue, by technology, 2015 – 2021 (USD Billion)
52. Middle East & Africa gas turbines  market revenue, by design type, 2015 – 2021 (USD Billion)
53. Middle East & Africa gas turbines  market revenue, by application, 2015 – 2021 (USD Billion)
54. Middle East & Africa gas turbines market revenue, by rated capacity, 2015 – 2021 (USD Billion)
55. Middle East & Africa gas turbines market revenue, by technology, 2015 – 2021 (USD Billion)

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