Aeroderivative Gas Turbine Market
Aeroderivative Gas Turbine Market Analysis, By Capacity (50 to 500 kW, 500 kW to 1 MW, 1 to 30 MW, 30 to 70 MW, and 70 MW), By Technology (Open Cycle, and Combined Cycle), By Application (Power Plants, Oil & Gas, Process Plants, Aviation, Marine, Others), & Region – Global Market Insights 2022-2032
Analysis of Aeroderivative Gas Turbine Market Covering 30+ Countries Including Analysis of US, Canada, UK, Germany, France, Nordics, GCC countries, Japan, Korea and many more
Aeroderivative Gas Turbine Market Outlook
The aeroderivative gas turbine market is expected to grow at a CAGR of over 6.6% over the forecast period. The market is valued at US$ 3.20 billion in 2022. By 2032, it is expected that the aeroderivative gas turbine industry to be worth USD 6.06 billion.
The dynamics of the industry will be positively impacted by the rising expansion and development of manufacturing techniques along with the growing emphasis on sustainable energy development.
Increased investments in regenerative gas turbine facilities along with favorable regulatory body policies, such as subsidies, tax breaks, and incentives, to boost product demand. The adoption of the product to be aided by rising investments across the aviation sector and the use of contemporary technology in gas-fired turbines.
Due to stoppage of processing and manufacturing operations, disrupted distribution channels, and lack of labor, the COVID-19 pandemic had a significant impact on the overall aeroderivative gas turbine market’s operations. The industry has since recovered its lost strength, though, thanks to a booming industrial sector and rising electricity demand in 2021.
The growth of the industry is also being complemented by the appropriate government initiatives to resume operations across key industries, manufacturing facilities, and infrastructure projects.
Report Attributes |
Details |
|
Market Size (2022) |
USD 3.20 billion |
|
Projected Market Value (2032) |
USD 6.06 billion |
|
Global Market Growth Rate |
6.6% |
|
Aviation Aeroderivative Gas Turbine Market Revenue |
$400 million |
|
Middle East Market Revenue (2030) |
USD 1.4 billion |
|
≤ 50 kW Capactiy Market Growth Rate |
7.5% |
|
Open Cycle Aeroderivative Gas Turbine industyry Revenue (2030) |
USD 700 million |
|
Key Companies Profiled |
|
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Competitive landscape highlights only certain players
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Ample Gas Resources to Be Advantageous for the Business Scenario
Market growth for aeroderivative gas turbines with a ≤ 50 kW capacity is predicted to be 7.5% until 2030. This expansion is attributable to the ongoing technological developments at cogeneration power plants.
The main factors accelerating the product portfolio are lower operational costs, smaller carbon footprints, and compact size. In the upcoming years, it is anticipated that the deployment of these units across the process industry and small-scale generating plants will increase.
Technology adoption will be aided by the ongoing development of co-generating systems to support heat and energy consumption across industrial, commercial, and remote grid network facilities. The adoption of aeroderivative gas turbine will also increase due to government initiatives and policies to reduce carbon footprints in accordance with abundant natural gas reserves.
Business growth is set to be significantly impacted by the growing shale supply, which is being driven by large-scale exploration and production facilities in accordance with low carbon emissions when compared to other fossil fuels.
Favorable Government Regulations to Aid the Aviation Industry
By 2030, it is expected that the open cycle aeroderivative gas turbine market will be worth USD 700 million. The product's key advantages include a faster start-up time, higher operational flexibility, and reduced warm-up time, all of which support industry advancement.
Additionally, the continued use of light weight aircrafts and rising power demands in offshore applications will fuel potential industry growth for open cycle technologies.
Increased industrialization across major economies as a result of rising energy demand will affect the market penetration of aeroderivative gas turbines.
The use of ammonia as a carbon-free fuel will be encouraged by the ammonia roadmap in order to cut carbon emissions from both the newest and older gas turbines.
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Curbed - Carbon Emission
Reduced carbon emissions and the use of gas turbine power plants to generate electricity are two factors that are anticipated to propel the growth of the global aero-derivative gas turbine market. As a result, many power plants have replaced their conventional turbines with aero-derivative gas turbines.
The ability to produce a lot of power with less waste and more efficiency, which promotes the growth of the global aero-derivative gas turbine market. Aeroderivative gas turbines are easier to install because they are smaller, lighter, and require less space. Compared to other turbines, aeroderivative gas turbines are robust and require little maintenance.
Every nation is boosting its military might, and aircrafts are essential for this. Aeroderivative gas turbine is frequently used in military aircraft because of its cutting-edge feature. These are the driving forces behind the expansion of the global aeroderivative gas turbine market.
What Do Market Players Need to Watch Out for?
The element that is anticipated to impede the growth of the global aeroderivative gas turbine market, as compared to other turbines is that it has a limited ability to use other fuels. The materials needed to construct the turbine must be pricy, stronger, and more heat resistant. With solid fuels like coal, it is not compatible.
Segmentation Insights
How Will the Demand for Aeroderivative Gas Turbine Be Affected in the Application Segment?
A thriving aviation industry to accelerate market growth.
In 2021, the aeroderivative gas turbine market for the aviation sector generated US$ 400 million in revenue. This expansion is attributed to ongoing efforts to maintain an aircraft at a weight that is efficient and constant.
Rapid industrialization and strict energy efficiency regulations have compelled industries to build more efficient power generating systems. The expansion of processing and manufacturing facilities around the world has increased due to the rising demand for manufactured goods, which will ultimately affect the growth of self-regulated power generating units.
Additionally, government programs to introduce a sustainable energy mix could fuel aeroderivative gas turbine growth. Due to rising migrants and tourism mobilization in line with rising travel and living standards across major economies, the industry has experienced significant growth.
Additionally, the continued demand for aircrafts in the defence sector as a result of increasing national security and safety compliance is set to fuel market dynamics.
How does the Technology Sector Contribute to the Market?
The global aeroderivative gas turbine industry is divided into two categories based on technology- open cycle and combined cycle. The open cycle aero-derivative gas turbine is lightweight is small in size.
Aeroderivative gas turbines are tough and highly effective options for power generation and mechanical drive on land and at sea. They are employed in LNG liquefaction, gas re-injection, offshore platforms, and pipeline compression.
Additionally, it is made to be very simple to maintain and fast to install. It is a low-carbon innovation. To reduce the weight of the aircraft, an open-cycle aero-derivative gas turbine is installed across them.
Which Capacity Segment is Estimated to Support Market Growth?
The aeroderivative gas turbine market in the aforementioned segmentation is anticipated to be dominated by aero-derivative gas turbines with capacities between 1MW and 30MW. It is widely used in on-site electricity generation facilities like combined heat and power plants, among other things.
The system of an aero-derivative gas turbine above the 30MW category is small in size, light in weight, has few moving parts, and is very effective. Additionally, it uses very little electricity and produces little carbon during the process.
These are the driving forces behind the expansion of the aero-derivative gas turbine market.
Country Insights
Why is the Market for Aeroderivative Gas Turbines Prominent in Middle East?
By 2030, the Middle East and Africa aeroderivative gas turbine market is expected to reach more than US$ 1.4 billion. Favorable government plans to increase power capacity are primarily driven by industrialization and population growth.
The business outlook will accelerate as energy-efficient technology trends change and there is a greater emphasis on replacing inefficient coal-fired power plants. Additionally, the aeroderivative gas turbine market will expand as a result of ongoing infrastructure modernization and rising electricity demand.
North America
The market for aeroderivative gas turbines in North America will grow significantly as a result of a growing regional emphasis on CCGT power plant technology solutions.
How is the Market Performing in the US?
The largest regional market is the United States. Increased investment is needed to upgrade conventional power plants and reduce carbon emissions, particularly through the installation of combined cycle gas turbine plants.
The US shale revolution increased natural gas production, which led to advancements in the region's drilling and extraction techniques. Due to this, gas-fired technology is seen as an affordable and dependable source of energy.
Additionally, the USA is home to the largest aerospace company and the largest fleet of aircrafts in the world. These are the driving forces behind the expansion of the aero-derivative gas turbine market.
How is the Generator Market Performing in Canada?
The demand for aeroderivative gas turbines is complemented by the growing applicability of gas-based technology across extraction and drilling techniques due to lower energy generation costs and longer product lifecycles. The need to replace outdated coal-fired power plants in order to reduce carbon emissions will spread throughout the industry.
What is the market outlook for aeroderivative gas turbine in Europe?
The infrastructure for generating electricity in Europe was switched from coal to gas. Demand for aero-derivative gas turbines is anticipated to increase as a result of such a change in a gas-based power plant. To reduce carbon emissions from coal-based power plants in Europe.
Asia-Pacific
China and Japan are the two most important aeroderivative gas turbine markets in the Asia-Pacific region.
Japan is overhauling its electrical infrastructure. Gas turbines are now a well-liked energy source for manufacturing facilities that require both heat and electricity.
How is China’s Contribution to the Market Giving East Asia the Highest Market Share?
Due to the region's reduction in carbon emissions, traditional power generation facilities in China have been upgraded to gas-fired electricity generation facilities. Additionally, the region's aeronautical sector has been expanding, which is anticipated to fuel the market for aero-derivative gas turbines.
Comparative View of Adjacent Aeroderivative Gas Turbine Market
Aeroderivative Sensor Market :
|
Attributes |
Aeroderivative Sensor Market |
|
CAGR (2022-2032) |
6.6% |
|
Market Value (2027) |
US$ 4.40 Billion |
|
Growth Factor |
Trending in the direction of energy optimization |
|
Opportunity |
Positivity regarding the production of electricity, using gas. |
|
Key Trends |
Increasing attention being paid to decentralized generation technologies |
Aeroderivative Sensor Market :
|
Attributes |
Aeroderivative Sensor Market |
|
CAGR (2022-2032) |
10% |
|
Market Value (2027) |
US$ 442.89 Million |
|
Growth Factor |
Increase in the use of energy-saving technologies in industry |
|
Opportunity |
Green energy-based turbines are being adopted more widely in the aviation sector. |
|
Key Trends |
Increasing investment in the marine industry's development to cut greenhouse gas emissions |
Gas Turbine Service Market :
|
Attributes |
Gas Turbine Service Market |
|
CAGR (2022-2032) |
8% |
|
Market Value (2027) |
US$ 27.77 Billion |
|
Growth Factor |
Government restrictions on the production of clean energy, along with the introduction of pollution control technologies. |
|
Opportunity |
The expansion of the market to be positively influenced by cutting-edge overhauling technologies combined with the abundant supply of natural gas. |
|
Key Trends |
The outlook for the industry to be boosted by on-going technological developments that result in the design and development of extremely efficient gas turbine units. |
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Competitive Landscape
Due to the presence of domestic and regional competitors, the global market is extremely competitive and fragmented. Leading players have adopted a wide range of marketing tactics, including partnerships, expansions, mergers and acquisitions, and collaborations.
Major companies also use cutting-edge product development techniques as a strategic move to improve their market positioning with consumers.
Recent Development :
|
Date |
Company Name |
Strategy |
Details |
|
March 2019 |
Siemens |
Agreement |
Siemens to supply power equipment for the gas power plant at the Bayat Power Plant in Afghanistan in March 2019. An aero-derivative gas turbine is used in the plant's mobile solution to generate up to 41 MW of electricity. |
|
June 2019 |
Baker Hughes |
Expansion |
In Luanda, Angola, Baker Hughes opened its multimodal oil and gas facility in June 2019. This new facility supports the capabilities of BHGE's product companies in digital services, turbomachinery and process solutions, oilfield service, and oilfield equipment. Additionally, a wide variety of equipment like drilling, wellbore, wireline, and aero-derivative turbomachinery is to be delivered for the development of infrastructure. |
|
November 2018 |
General Electric and Baker Hughes |
Contract |
In November 2018, General Electric and Baker Hughes signed a contract to increase sales of vital rotating equipment like aero-derivative and heavy-duty gas turbine technology as well as access to General Electric Digital's software and technology, both of which are extensively used in the oil & gas industrial spaces. |
|
June 2021 |
General Electric and IHI Corporation |
Memorandum of Understanding |
A Memorandum of Understanding (MoU) for the cooperative development of gas turbine business arrangements was signed by General Electric and IHI Corporation, a heavy industry manufacturer in Japan, in June 2021. |
Key Segments
-
By Capacity :
- ≤ 50 kW
- 50 to 500 kW
- 500 kW to 1 MW
- 1 to 30 MW
- 30 to 70 MW
- 70 MW
-
By Technology :
- Open Cycle
- Combined Cycle
-
By Application :
- Power Plants
- Oil & Gas
- Process Plants
- Aviation
- Marine
- Others
-
By Region :
- North America
- Middle East
- Europe
- Asia Pacific
- Latin America
Table of Content
1. Executive Summary 1.1. Global Market Outlook 1.2. Demand-side Trends 1.3. Supply-side Trends 1.4. Technology Roadmap Analysis 1.5. Analysis and Recommendations 2. Market Overview 2.1. Market Coverage / Taxonomy 2.2. Market Definition / Scope / Limitations 3. Market Background 3.1. Market Dynamics 3.1.1. Drivers 3.1.2. Restraints 3.1.3. Opportunity 3.1.4. Trends 3.2. Scenario Forecast 3.2.1. Demand in Optimistic Scenario 3.2.2. Demand in Likely Scenario 3.2.3. Demand in Conservative Scenario 3.3. Opportunity Map Analysis 3.4. Product Life Cycle Analysis 3.5. Supply Chain Analysis 3.5.1. Supply Side Participants and their Roles 3.5.1.1. Producers 3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers) 3.5.1.3. Wholesalers and Distributors 3.5.2. Value Added and Value Created at Node in the Supply Chain 3.5.3. List of Raw Material Suppliers 3.5.4. List of Existing and Potential Buyer’s 3.6. Investment Feasibility Matrix 3.7. Value Chain Analysis 3.7.1. Profit Margin Analysis 3.7.2. Wholesalers and Distributors 3.7.3. Retailers 3.8. PESTLE and Porter’s Analysis 3.9. Regulatory Landscape 3.9.1. By Key Regions 3.9.2. By Key Countries 3.10. Regional Parent Market Outlook 3.11. Production and Consumption Statistics 3.12. Import and Export Statistics 4. Global Market Analysis 2017-2021 and Forecast, 2022-2032 4.1. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis, 2017-2021 4.2. Current and Future Market Size Value (US$ Mn) & Volume (Units) Projections, 2022-2032 4.2.1. Y-o-Y Growth Trend Analysis 4.2.2. Absolute $ Opportunity Analysis 5. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Capacity Type 5.1. Introduction / Key Findings 5.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Capacity Type, 2017-2021 5.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Capacity Type, 2022-2032 5.3.1. <50 kW 5.3.2. 50 kW to 500 kW 5.3.3. >500 kW to 1 MW 5.3.4. >1 MW to 30 MW 5.3.5. >30 MW to 70 MW 5.3.6. > 70 MW 5.4. Y-o-Y Growth Trend Analysis By Capacity Type, 2017-2021 5.5. Absolute $ Opportunity Analysis By Capacity Type, 2022-2032 6. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Technology Type 6.1. Introduction / Key Findings 6.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Technology Type, 2017-2021 6.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Technology Type, 2022-2032 6.3.1. Open Cycle 6.3.2. Combine Cycle 6.4. Y-o-Y Growth Trend Analysis By Technology Type, 2017-2021 6.5. Absolute $ Opportunity Analysis By Technology Type, 2022-2032 7. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Application Type 7.1. Introduction / Key Findings 7.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Application Type, 2017-2021 7.3. Current and Future Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Application Type, 2022-2032 7.3.1. Power Plants 7.3.2. Process Plants 7.3.3. Oil & Gas 7.3.4. Aviation 7.3.5. Marine 7.3.6. Others 7.4. Y-o-Y Growth Trend Analysis By Application Type, 2017-2021 7.5. Absolute $ Opportunity Analysis By Application Type, 2022-2032 8. Global Market Analysis 2017-2021 and Forecast 2022-2032, By Region 8.1. Introduction 8.2. Historical Market Size Value (US$ Mn) & Volume (Units) Analysis By Region, 2017-2021 8.3. Current Market Size Value (US$ Mn) & Volume (Units) Analysis and Forecast By Region, 2022-2032 8.3.1. North America 8.3.2. Latin America 8.3.3. Europe 8.3.4. Asia Pacific 8.3.5. MEA 8.4. Market Attractiveness Analysis By Region 9. North America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 9.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 9.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 9.2.1. By Country 9.2.1.1. U.S. 9.2.1.2. Canada 9.2.2. By Capacity Type 9.2.3. By Technology Type 9.2.4. By Application Type 9.3. Market Attractiveness Analysis 9.3.1. By Country 9.3.2. By Capacity Type 9.3.3. By Technology Type 9.3.4. By Application Type 9.4. Key Takeaways 10. Latin America Market Analysis 2017-2021 and Forecast 2022-2032, By Country 10.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 10.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 10.2.1. By Country 10.2.1.1. Brazil 10.2.1.2. Mexico 10.2.1.3. Rest of Latin America 10.2.2. By Capacity Type 10.2.3. By Technology Type 10.2.4. By Application Type 10.3. Market Attractiveness Analysis 10.3.1. By Country 10.3.2. By Capacity Type 10.3.3. By Technology Type 10.3.4. By Application Type 10.4. Key Takeaways 11. Europe Market Analysis 2017-2021 and Forecast 2022-2032, By Country 11.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 11.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 11.2.1. By Country 11.2.1.1. Germany 11.2.1.2. U.K. 11.2.1.3. France 11.2.1.4. Spain 11.2.1.5. Italy 11.2.1.6. Rest of Europe 11.2.2. By Capacity Type 11.2.3. By Technology Type 11.2.4. By Application Type 11.3. Market Attractiveness Analysis 11.3.1. By Country 11.3.2. By Capacity Type 11.3.3. By Technology Type 11.3.4. By Application Type 11.4. Key Takeaways 12. Asia Pacific Market Analysis 2017-2021 and Forecast 2022-2032, By Country 12.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 12.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 12.2.1. By Country 12.2.1.1. China 12.2.1.2. Japan 12.2.1.3. South Korea 12.2.1.4. Singapore 12.2.1.5. Thailand 12.2.1.6. Indonesia 12.2.1.7. Australia 12.2.1.8. New Zealand 12.2.1.9. Rest of Asia Pacific 12.2.2. By Capacity Type 12.2.3. By Technology Type 12.2.4. By Application Type 12.3. Market Attractiveness Analysis 12.3.1. By Country 12.3.2. By Capacity Type 12.3.3. By Technology Type 12.3.4. By Application Type 12.4. Key Takeaways 13. MEA Market Analysis 2017-2021 and Forecast 2022-2032, By Country 13.1. Historical Market Size Value (US$ Mn) & Volume (Units) Trend Analysis By Market Taxonomy, 2017-2021 13.2. Market Size Value (US$ Mn) & Volume (Units) Forecast By Market Taxonomy, 2022-2032 13.2.1. By Country 13.2.1.1. GCC Countries 13.2.1.2. South Africa 13.2.1.3. Israel 13.2.1.4. Rest of MEA 13.2.2. By Capacity Type 13.2.3. By Technology Type 13.2.4. By Application Type 13.3. Market Attractiveness Analysis 13.3.1. By Country 13.3.2. By Capacity Type 13.3.3. By Technology Type 13.3.4. By Application Type 13.4. Key Takeaways 14. Key Countries Market Analysis 14.1. U.S. 14.1.1. Pricing Analysis 14.1.2. Market Share Analysis, 2021 14.1.2.1. By Capacity Type 14.1.2.2. By Technology Type 14.1.2.3. By Application Type 14.2. Canada 14.2.1. Pricing Analysis 14.2.2. Market Share Analysis, 2021 14.2.2.1. By Capacity Type 14.2.2.2. By Technology Type 14.2.2.3. By Application Type 14.3. Brazil 14.3.1. Pricing Analysis 14.3.2. Market Share Analysis, 2021 14.3.2.1. By Capacity Type 14.3.2.2. By Technology Type 14.3.2.3. By Application Type 14.4. Mexico 14.4.1. Pricing Analysis 14.4.2. Market Share Analysis, 2021 14.4.2.1. By Capacity Type 14.4.2.2. By Technology Type 14.4.2.3. By Application Type 14.5. Germany 14.5.1. Pricing Analysis 14.5.2. Market Share Analysis, 2021 14.5.2.1. By Capacity Type 14.5.2.2. By Technology Type 14.5.2.3. By Application Type 14.6. U.K. 14.6.1. Pricing Analysis 14.6.2. Market Share Analysis, 2021 14.6.2.1. By Capacity Type 14.6.2.2. By Technology Type 14.6.2.3. By Application Type 14.7. France 14.7.1. Pricing Analysis 14.7.2. Market Share Analysis, 2021 14.7.2.1. By Capacity Type 14.7.2.2. By Technology Type 14.7.2.3. By Application Type 14.8. Spain 14.8.1. Pricing Analysis 14.8.2. Market Share Analysis, 2021 14.8.2.1. By Capacity Type 14.8.2.2. By Technology Type 14.8.2.3. By Application Type 14.9. Italy 14.9.1. Pricing Analysis 14.9.2. Market Share Analysis, 2021 14.9.2.1. By Capacity Type 14.9.2.2. By Technology Type 14.9.2.3. By Application Type 14.10. China 14.10.1. Pricing Analysis 14.10.2. Market Share Analysis, 2021 14.10.2.1. By Capacity Type 14.10.2.2. By Technology Type 14.10.2.3. By Application Type 14.11. Japan 14.11.1. Pricing Analysis 14.11.2. Market Share Analysis, 2021 14.11.2.1. By Capacity Type 14.11.2.2. By Technology Type 14.11.2.3. By Application Type 14.12. South Korea 14.12.1. Pricing Analysis 14.12.2. Market Share Analysis, 2021 14.12.2.1. By Capacity Type 14.12.2.2. By Technology Type 14.12.2.3. By Application Type 14.13. Singapore 14.13.1. Pricing Analysis 14.13.2. Market Share Analysis, 2021 14.13.2.1. By Capacity Type 14.13.2.2. By Technology Type 14.13.2.3. By Application Type 14.14. Thailand 14.14.1. Pricing Analysis 14.14.2. Market Share Analysis, 2021 14.14.2.1. By Capacity Type 14.14.2.2. By Technology Type 14.14.2.3. By Application Type 14.15. Indonesia 14.15.1. Pricing Analysis 14.15.2. Market Share Analysis, 2021 14.15.2.1. By Capacity Type 14.15.2.2. By Technology Type 14.15.2.3. By Application Type 14.16. Australia 14.16.1. Pricing Analysis 14.16.2. Market Share Analysis, 2021 14.16.2.1. By Capacity Type 14.16.2.2. By Technology Type 14.16.2.3. By Application Type 14.17. New Zealand 14.17.1. Pricing Analysis 14.17.2. Market Share Analysis, 2021 14.17.2.1. By Capacity Type 14.17.2.2. By Technology Type 14.17.2.3. By Application Type 14.18. GCC Countries 14.18.1. Pricing Analysis 14.18.2. Market Share Analysis, 2021 14.18.2.1. By Capacity Type 14.18.2.2. By Technology Type 14.18.2.3. By Application Type 14.19. South Africa 14.19.1. Pricing Analysis 14.19.2. Market Share Analysis, 2021 14.19.2.1. By Capacity Type 14.19.2.2. By Technology Type 14.19.2.3. By Application Type 14.20. Israel 14.20.1. Pricing Analysis 14.20.2. Market Share Analysis, 2021 14.20.2.1. By Capacity Type 14.20.2.2. By Technology Type 14.20.2.3. By Application Type 15. Market Structure Analysis 15.1. Competition Dashboard 15.2. Competition Benchmarking 15.3. Market Share Analysis of Top Players 15.3.1. By Regional 15.3.2. By Capacity Type 15.3.3. By Technology Type 15.3.4. By Application Type 16. Competition Analysis 16.1. Competition Deep Dive 16.1.1. General Electric 16.1.1.1. Overview 16.1.1.2. Product Portfolio 16.1.1.3. Profitability by Market Segments 16.1.1.4. Sales Footprint 16.1.1.5. Strategy Overview 16.1.1.5.1. Marketing Strategy 16.1.1.5.2. Product Strategy 16.1.1.5.3. Channel Strategy 16.1.2. Siemens AG 16.1.2.1. Overview 16.1.2.2. Product Portfolio 16.1.2.3. Profitability by Market Segments 16.1.2.4. Sales Footprint 16.1.2.5. Strategy Overview 16.1.2.5.1. Marketing Strategy 16.1.2.5.2. Product Strategy 16.1.2.5.3. Channel Strategy 16.1.3. Mitsubishi Hitachi Power Systems, Ltd. 16.1.3.1. Overview 16.1.3.2. Product Portfolio 16.1.3.3. Profitability by Market Segments 16.1.3.4. Sales Footprint 16.1.3.5. Strategy Overview 16.1.3.5.1. Marketing Strategy 16.1.3.5.2. Product Strategy 16.1.3.5.3. Channel Strategy 16.1.4. Wärtsilä 16.1.4.1. Overview 16.1.4.2. Product Portfolio 16.1.4.3. Profitability by Market Segments 16.1.4.4. Sales Footprint 16.1.4.5. Strategy Overview 16.1.4.5.1. Marketing Strategy 16.1.4.5.2. Product Strategy 16.1.4.5.3. Channel Strategy 16.1.5. Kawasaki Heavy Industries Ltd. 16.1.5.1. Overview 16.1.5.2. Product Portfolio 16.1.5.3. Profitability by Market Segments 16.1.5.4. Sales Footprint 16.1.5.5. Strategy Overview 16.1.5.5.1. Marketing Strategy 16.1.5.5.2. Product Strategy 16.1.5.5.3. Channel Strategy 16.1.6. Opra Turbines B.V. 16.1.6.1. Overview 16.1.6.2. Product Portfolio 16.1.6.3. Profitability by Market Segments 16.1.6.4. Sales Footprint 16.1.6.5. Strategy Overview 16.1.6.5.1. Marketing Strategy 16.1.6.5.2. Product Strategy 16.1.6.5.3. Channel Strategy 16.1.7. Solar Turbines Incorporated 16.1.7.1. Overview 16.1.7.2. Product Portfolio 16.1.7.3. Profitability by Market Segments 16.1.7.4. Sales Footprint 16.1.7.5. Strategy Overview 16.1.7.5.1. Marketing Strategy 16.1.7.5.2. Product Strategy 16.1.7.5.3. Channel Strategy 16.1.8. Harbin Turbine Company Limited 16.1.8.1. Overview 16.1.8.2. Product Portfolio 16.1.8.3. Profitability by Market Segments 16.1.8.4. Sales Footprint 16.1.8.5. Strategy Overview 16.1.8.5.1. Marketing Strategy 16.1.8.5.2. Product Strategy 16.1.8.5.3. Channel Strategy 16.1.9. Bharat Heavy Electricals Limited 16.1.9.1. Overview 16.1.9.2. Product Portfolio 16.1.9.3. Profitability by Market Segments 16.1.9.4. Sales Footprint 16.1.9.5. Strategy Overview 16.1.9.5.1. Marketing Strategy 16.1.9.5.2. Product Strategy 16.1.9.5.3. Channel Strategy 16.1.10. Vericor Power Systems 16.1.10.1. Overview 16.1.10.2. Product Portfolio 16.1.10.3. Profitability by Market Segments 16.1.10.4. Sales Footprint 16.1.10.5. Strategy Overview 16.1.10.5.1. Marketing Strategy 16.1.10.5.2. Product Strategy 16.1.10.5.3. Channel Strategy 17. Assumptions & Acronyms Used 18. Research Methodology
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List Of Table
Table 01: Global Market Value (US$ Mn) Forecast by Region, 2017-2032
Table 02: Global Market Volume (Units) Forecast by Region, 2017-2032
Table 03: Global Market Value (US$ Mn) Forecast by Capacity Type, 2017-2032
Table 04: Global Market Volume (Units) Forecast by Capacity Type, 2017-2032
Table 05: Global Market Value (US$ Mn) Forecast by Technology Type, 2017-2032
Table 06: Global Market Volume (Units) Forecast by Technology Type, 2017-2032
Table 07: Global Market Value (US$ Mn) Forecast by Application Type, 2017-2032
Table 08: Global Market Volume (Units) Forecast by Application Type, 2017-2032
Table 09: North America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 10: North America Market Volume (Units) Forecast by Country, 2017-2032
Table 11: North America Market Value (US$ Mn) Forecast by Capacity Type, 2017-2032
Table 12: North America Market Volume (Units) Forecast by Capacity Type, 2017-2032
Table 13: North America Market Value (US$ Mn) Forecast by Technology Type, 2017-2032
Table 14: North America Market Volume (Units) Forecast by Technology Type, 2017-2032
Table 15: North America Market Value (US$ Mn) Forecast by Application Type, 2017-2032
Table 16: North America Market Volume (Units) Forecast by Application Type, 2017-2032
Table 17: Latin America Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 18: Latin America Market Volume (Units) Forecast by Country, 2017-2032
Table 19: Latin America Market Value (US$ Mn) Forecast by Capacity Type, 2017-2032
Table 20: Latin America Market Volume (Units) Forecast by Capacity Type, 2017-2032
Table 21: Latin America Market Value (US$ Mn) Forecast by Technology Type, 2017-2032
Table 22: Latin America Market Volume (Units) Forecast by Technology Type, 2017-2032
Table 23: Latin America Market Value (US$ Mn) Forecast by Application Type, 2017-2032
Table 24: Latin America Market Volume (Units) Forecast by Application Type, 2017-2032
Table 25: Europe Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 26: Europe Market Volume (Units) Forecast by Country, 2017-2032
Table 27: Europe Market Value (US$ Mn) Forecast by Capacity Type, 2017-2032
Table 28: Europe Market Volume (Units) Forecast by Capacity Type, 2017-2032
Table 29: Europe Market Value (US$ Mn) Forecast by Technology Type, 2017-2032
Table 30: Europe Market Volume (Units) Forecast by Technology Type, 2017-2032
Table 31: Europe Market Value (US$ Mn) Forecast by Application Type, 2017-2032
Table 32: Europe Market Volume (Units) Forecast by Application Type, 2017-2032
Table 33: Asia Pacific Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 34: Asia Pacific Market Volume (Units) Forecast by Country, 2017-2032
Table 35: Asia Pacific Market Value (US$ Mn) Forecast by Capacity Type, 2017-2032
Table 36: Asia Pacific Market Volume (Units) Forecast by Capacity Type, 2017-2032
Table 37: Asia Pacific Market Value (US$ Mn) Forecast by Technology Type, 2017-2032
Table 38: Asia Pacific Market Volume (Units) Forecast by Technology Type, 2017-2032
Table 39: Asia Pacific Market Value (US$ Mn) Forecast by Application Type, 2017-2032
Table 40: Asia Pacific Market Volume (Units) Forecast by Application Type, 2017-2032
Table 41: MEA Market Value (US$ Mn) Forecast by Country, 2017-2032
Table 42: MEA Market Volume (Units) Forecast by Country, 2017-2032
Table 43: MEA Market Value (US$ Mn) Forecast by Capacity Type, 2017-2032
Table 44: MEA Market Volume (Units) Forecast by Capacity Type, 2017-2032
Table 45: MEA Market Value (US$ Mn) Forecast by Technology Type, 2017-2032
Table 46: MEA Market Volume (Units) Forecast by Technology Type, 2017-2032
Table 47: MEA Market Value (US$ Mn) Forecast by Application Type, 2017-2032
Table 48: MEA Market Volume (Units) Forecast by Application Type, 2017-2032
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List Of Figures
Figure 01: Global Market Value (US$ Mn) by Capacity Type, 2022-2032
Figure 02: Global Market Value (US$ Mn) by Technology Type, 2022-2032
Figure 03: Global Market Value (US$ Mn) by Application Type, 2022-2032
Figure 04: Global Market Value (US$ Mn) by Region, 2022-2032
Figure 05: Global Market Value (US$ Mn) Analysis by Region, 2017-2032
Figure 06: Global Market Volume (Units) Analysis by Region, 2017-2032
Figure 07: Global Market Value Share (%) and BPS Analysis by Region, 2022-2032
Figure 08: Global Market Y-o-Y Growth (%) Projections by Region, 2022-2032
Figure 09: Global Market Value (US$ Mn) Analysis by Capacity Type, 2017-2032
Figure 10: Global Market Volume (Units) Analysis by Capacity Type, 2017-2032
Figure 11: Global Market Value Share (%) and BPS Analysis by Capacity Type, 2022-2032
Figure 12: Global Market Y-o-Y Growth (%) Projections by Capacity Type, 2022-2032
Figure 13: Global Market Value (US$ Mn) Analysis by Technology Type, 2017-2032
Figure 14: Global Market Volume (Units) Analysis by Technology Type, 2017-2032
Figure 15: Global Market Value Share (%) and BPS Analysis by Technology Type, 2022-2032
Figure 16: Global Market Y-o-Y Growth (%) Projections by Technology Type, 2022-2032
Figure 17: Global Market Value (US$ Mn) Analysis by Application Type, 2017-2032
Figure 18: Global Market Volume (Units) Analysis by Application Type, 2017-2032
Figure 19: Global Market Value Share (%) and BPS Analysis by Application Type, 2022-2032
Figure 20: Global Market Y-o-Y Growth (%) Projections by Application Type, 2022-2032
Figure 21: Global Market Attractiveness by Capacity Type, 2022-2032
Figure 22: Global Market Attractiveness by Technology Type, 2022-2032
Figure 23: Global Market Attractiveness by Application Type, 2022-2032
Figure 24: Global Market Attractiveness by Region, 2022-2032
Figure 25: North America Market Value (US$ Mn) by Capacity Type, 2022-2032
Figure 26: North America Market Value (US$ Mn) by Technology Type, 2022-2032
Figure 27: North America Market Value (US$ Mn) by Application Type, 2022-2032
Figure 28: North America Market Value (US$ Mn) by Country, 2022-2032
Figure 29: North America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 30: North America Market Volume (Units) Analysis by Country, 2017-2032
Figure 31: North America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 32: North America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 33: North America Market Value (US$ Mn) Analysis by Capacity Type, 2017-2032
Figure 34: North America Market Volume (Units) Analysis by Capacity Type, 2017-2032
Figure 35: North America Market Value Share (%) and BPS Analysis by Capacity Type, 2022-2032
Figure 36: North America Market Y-o-Y Growth (%) Projections by Capacity Type, 2022-2032
Figure 37: North America Market Value (US$ Mn) Analysis by Technology Type, 2017-2032
Figure 38: North America Market Volume (Units) Analysis by Technology Type, 2017-2032
Figure 39: North America Market Value Share (%) and BPS Analysis by Technology Type, 2022-2032
Figure 40: North America Market Y-o-Y Growth (%) Projections by Technology Type, 2022-2032
Figure 41: North America Market Value (US$ Mn) Analysis by Application Type, 2017-2032
Figure 42: North America Market Volume (Units) Analysis by Application Type, 2017-2032
Figure 43: North America Market Value Share (%) and BPS Analysis by Application Type, 2022-2032
Figure 44: North America Market Y-o-Y Growth (%) Projections by Application Type, 2022-2032
Figure 45: North America Market Attractiveness by Capacity Type, 2022-2032
Figure 46: North America Market Attractiveness by Technology Type, 2022-2032
Figure 47: North America Market Attractiveness by Application Type, 2022-2032
Figure 48: North America Market Attractiveness by Country, 2022-2032
Figure 49: Latin America Market Value (US$ Mn) by Capacity Type, 2022-2032
Figure 50: Latin America Market Value (US$ Mn) by Technology Type, 2022-2032
Figure 51: Latin America Market Value (US$ Mn) by Application Type, 2022-2032
Figure 52: Latin America Market Value (US$ Mn) by Country, 2022-2032
Figure 53: Latin America Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 54: Latin America Market Volume (Units) Analysis by Country, 2017-2032
Figure 55: Latin America Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 56: Latin America Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 57: Latin America Market Value (US$ Mn) Analysis by Capacity Type, 2017-2032
Figure 58: Latin America Market Volume (Units) Analysis by Capacity Type, 2017-2032
Figure 59: Latin America Market Value Share (%) and BPS Analysis by Capacity Type, 2022-2032
Figure 60: Latin America Market Y-o-Y Growth (%) Projections by Capacity Type, 2022-2032
Figure 61: Latin America Market Value (US$ Mn) Analysis by Technology Type, 2017-2032
Figure 62: Latin America Market Volume (Units) Analysis by Technology Type, 2017-2032
Figure 63: Latin America Market Value Share (%) and BPS Analysis by Technology Type, 2022-2032
Figure 64: Latin America Market Y-o-Y Growth (%) Projections by Technology Type, 2022-2032
Figure 65: Latin America Market Value (US$ Mn) Analysis by Application Type, 2017-2032
Figure 66: Latin America Market Volume (Units) Analysis by Application Type, 2017-2032
Figure 67: Latin America Market Value Share (%) and BPS Analysis by Application Type, 2022-2032
Figure 68: Latin America Market Y-o-Y Growth (%) Projections by Application Type, 2022-2032
Figure 69: Latin America Market Attractiveness by Capacity Type, 2022-2032
Figure 70: Latin America Market Attractiveness by Technology Type, 2022-2032
Figure 71: Latin America Market Attractiveness by Application Type, 2022-2032
Figure 72: Latin America Market Attractiveness by Country, 2022-2032
Figure 73: Europe Market Value (US$ Mn) by Capacity Type, 2022-2032
Figure 74: Europe Market Value (US$ Mn) by Technology Type, 2022-2032
Figure 75: Europe Market Value (US$ Mn) by Application Type, 2022-2032
Figure 76: Europe Market Value (US$ Mn) by Country, 2022-2032
Figure 77: Europe Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 78: Europe Market Volume (Units) Analysis by Country, 2017-2032
Figure 79: Europe Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 80: Europe Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 81: Europe Market Value (US$ Mn) Analysis by Capacity Type, 2017-2032
Figure 82: Europe Market Volume (Units) Analysis by Capacity Type, 2017-2032
Figure 83: Europe Market Value Share (%) and BPS Analysis by Capacity Type, 2022-2032
Figure 84: Europe Market Y-o-Y Growth (%) Projections by Capacity Type, 2022-2032
Figure 85: Europe Market Value (US$ Mn) Analysis by Technology Type, 2017-2032
Figure 86: Europe Market Volume (Units) Analysis by Technology Type, 2017-2032
Figure 87: Europe Market Value Share (%) and BPS Analysis by Technology Type, 2022-2032
Figure 88: Europe Market Y-o-Y Growth (%) Projections by Technology Type, 2022-2032
Figure 89: Europe Market Value (US$ Mn) Analysis by Application Type, 2017-2032
Figure 90: Europe Market Volume (Units) Analysis by Application Type, 2017-2032
Figure 91: Europe Market Value Share (%) and BPS Analysis by Application Type, 2022-2032
Figure 92: Europe Market Y-o-Y Growth (%) Projections by Application Type, 2022-2032
Figure 93: Europe Market Attractiveness by Capacity Type, 2022-2032
Figure 94: Europe Market Attractiveness by Technology Type, 2022-2032
Figure 95: Europe Market Attractiveness by Application Type, 2022-2032
Figure 96: Europe Market Attractiveness by Country, 2022-2032
Figure 97: Asia Pacific Market Value (US$ Mn) by Capacity Type, 2022-2032
Figure 98: Asia Pacific Market Value (US$ Mn) by Technology Type, 2022-2032
Figure 99: Asia Pacific Market Value (US$ Mn) by Application Type, 2022-2032
Figure 100: Asia Pacific Market Value (US$ Mn) by Country, 2022-2032
Figure 101: Asia Pacific Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 102: Asia Pacific Market Volume (Units) Analysis by Country, 2017-2032
Figure 103: Asia Pacific Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 104: Asia Pacific Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 105: Asia Pacific Market Value (US$ Mn) Analysis by Capacity Type, 2017-2032
Figure 106: Asia Pacific Market Volume (Units) Analysis by Capacity Type, 2017-2032
Figure 107: Asia Pacific Market Value Share (%) and BPS Analysis by Capacity Type, 2022-2032
Figure 108: Asia Pacific Market Y-o-Y Growth (%) Projections by Capacity Type, 2022-2032
Figure 109: Asia Pacific Market Value (US$ Mn) Analysis by Technology Type, 2017-2032
Figure 110: Asia Pacific Market Volume (Units) Analysis by Technology Type, 2017-2032
Figure 111: Asia Pacific Market Value Share (%) and BPS Analysis by Technology Type, 2022-2032
Figure 112: Asia Pacific Market Y-o-Y Growth (%) Projections by Technology Type, 2022-2032
Figure 113: Asia Pacific Market Value (US$ Mn) Analysis by Application Type, 2017-2032
Figure 114: Asia Pacific Market Volume (Units) Analysis by Application Type, 2017-2032
Figure 115: Asia Pacific Market Value Share (%) and BPS Analysis by Application Type, 2022-2032
Figure 116: Asia Pacific Market Y-o-Y Growth (%) Projections by Application Type, 2022-2032
Figure 117: Asia Pacific Market Attractiveness by Capacity Type, 2022-2032
Figure 118: Asia Pacific Market Attractiveness by Technology Type, 2022-2032
Figure 119: Asia Pacific Market Attractiveness by Application Type, 2022-2032
Figure 120: Asia Pacific Market Attractiveness by Country, 2022-2032
Figure 121: MEA Market Value (US$ Mn) by Capacity Type, 2022-2032
Figure 122: MEA Market Value (US$ Mn) by Technology Type, 2022-2032
Figure 123: MEA Market Value (US$ Mn) by Application Type, 2022-2032
Figure 124: MEA Market Value (US$ Mn) by Country, 2022-2032
Figure 125: MEA Market Value (US$ Mn) Analysis by Country, 2017-2032
Figure 126: MEA Market Volume (Units) Analysis by Country, 2017-2032
Figure 127: MEA Market Value Share (%) and BPS Analysis by Country, 2022-2032
Figure 128: MEA Market Y-o-Y Growth (%) Projections by Country, 2022-2032
Figure 129: MEA Market Value (US$ Mn) Analysis by Capacity Type, 2017-2032
Figure 130: MEA Market Volume (Units) Analysis by Capacity Type, 2017-2032
Figure 131: MEA Market Value Share (%) and BPS Analysis by Capacity Type, 2022-2032
Figure 132: MEA Market Y-o-Y Growth (%) Projections by Capacity Type, 2022-2032
Figure 133: MEA Market Value (US$ Mn) Analysis by Technology Type, 2017-2032
Figure 134: MEA Market Volume (Units) Analysis by Technology Type, 2017-2032
Figure 135: MEA Market Value Share (%) and BPS Analysis by Technology Type, 2022-2032
Figure 136: MEA Market Y-o-Y Growth (%) Projections by Technology Type, 2022-2032
Figure 137: MEA Market Value (US$ Mn) Analysis by Application Type, 2017-2032
Figure 138: MEA Market Volume (Units) Analysis by Application Type, 2017-2032
Figure 139: MEA Market Value Share (%) and BPS Analysis by Application Type, 2022-2032
Figure 140: MEA Market Y-o-Y Growth (%) Projections by Application Type, 2022-2032
Figure 141: MEA Market Attractiveness by Capacity Type, 2022-2032
Figure 142: MEA Market Attractiveness by Technology Type, 2022-2032
Figure 143: MEA Market Attractiveness by Application Type, 2022-2032
Figure 144: MEA Market Attractiveness by Country, 2022-2032
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- FAQs -
What is the Current Aeroderivative Gas Turbine Market Size?
The aeroderivative gas turbine market size is anticipated to be over US$ 3.20 Billion in 2022.
How is the Aeroderivative Gas Turbine Market Growing?
The aeroderivative gas turbine market is predicted to grow at CAGR of 6.6% through 2032.
What is the Future Scope of Growth for the Aeroderivative Gas Turbine Market?
The aeroderivative gas turbine market is expected to surpass US$ 6.06 Billion by 2032.
Which Region Holds the Highest Revenue Potential in the Aeroderivative Gas Turbine Market?
North America aeroderivative gas turbine market holds the highest revenue potential.
Aeroderivative Gas Turbine Market