At a CAGR of 4.59%, Global Aeroderivative Gas Turbine Market to Rise over Forecast 2016-2020
ResearchMoz added Latest Research Report titled " Global Aeroderivative Gas Turbine Market 2016-2020: Worldwide Market Size, Shares, Trends, Growth, Survey and Forecast report " to it's Large Report database.
Albany, NY -- (SBWire) -- 09/30/2016 --Gas turbines are primarily used in gas-fired power plants; these plants include an internal combustion engine, wherein the fuel is mixed with air, causing ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which causes the turbine to rotate. Aeroderivative gas turbines find wide application in various end-user segments, such as mobility power generation (primarily composed of marine and aeronautical applications); and oil and gas, food processing, paper and pulp, and chemical industries.
The global aeroderivative gas turbine market to grow at a CAGR of 4.59% during the period 2016-2020. The report covers the present scenario and the growth prospects of the global aeroderivative gas turbine market for 2016-2020. To calculate the market size, the report determines the installed capacity and price of gas turbines in various regions.
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Technavio's report, Global Aeroderivative 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
- GE
- Mitsubishi Hitachi
- Siemens
- Vericor
- Zorya
Market driver
- Rising cogeneration applications for aeroderivative gas turbines
- For a full, detailed list, view our report
Market challenge
- Irregularities in natural gas reserves and supplies
- For a full, detailed list, view our report
Market trend
- Rise in distributed power generation
- For a full, detailed list, view our report
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Key questions answered in this report
- What will the market size be in 2020 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?
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