Gas Turbine Market

“Gas Turbine Market - Global Industry Analysis, Market Size, Share, Trends, Application Analysis, Growth and Forecast, 2022-2027” provides a deep and thorough evaluation of the global gas turbine market. A gas turbine refers to a combustion engine that converts liquid fuels and natural gas to mechanical energy. This energy is often supplied via power lines across the residential and commercial segments. It is often characterized by an excellent power-to-weight ratio and low operational cost.

The global market is majorly driven by the growing demand for uninterrupted electricity supply. In line with this, the governments of multiple countries are investing in alternative gas-based power sources due to an enhanced focus on sustainable development, thereby creating a positive outlook for the market. Some of the other factors contributing to the market growth include the rising sales of heating, ventilating, and air conditioning (HVAC) systems and extensive research and development (R&D) activities.

Beginning with a global overview, the report explores the dynamics that have a strong influence on the gas turbine market and can also impact its future growth. Taking 2021 as the base year, the report covers the historical market scenario from 2016-2021 and provides forecasts till 2027. This includes the study of value and volume trends and pricing history. Growth-inducing factors, market restraints and recent developments have also been analysed in the report in order to provide deeper knowledge about the industry. On a regional basis, the report examines the gas turbine market in North America, Europe, Asia-Pacific, Latin America and Middle East & Africa. For each of these regions, the report studies the gas turbine market in detail for the latest trends, outlook and opportunities.

The report analyses the competitive structure of the gas turbine industry and provides the profiles of major players operating in the market. The price margins for the products, along with the various success and risk factors for manufacturers, have also been covered in the report. Moreover, in order to determine market attractiveness, the report analyses the gas turbine industry along the parameters of Porter’s Five Forces model. This model examines the degree of competition in the gas turbine industry by analysing the threat posed by new entrants and substitutes and the bargaining power of suppliers and buyers. SWOT analysis of the market has also been presented in the report, which highlights the strengths, weaknesses, opportunities and threats pertaining to the gas turbine industry. Furthermore, the value chain analysis of the gas turbine industry has also been covered in the report. This comprises all the activities in the value chain, such as the procurement of various raw materials, manufacturing, sales and distribution. 

Key Segments and Highlights of the Global Gas Turbine Market 

• Historical and current scenario
• Trends and developments
• Impact of COVID-19
• Market forecast
• Price analysis and forecast
• Porter’s five forces analysis
• SWOT analysis
• Value chain analysis
• Market Breakup by Type
• Market Breakup by End-Use
• Market Breakup by Region
  • North America
  • Europe
  • Asia-Pacific
  • Latin America
  • Middle East & Africa

• Key players         

The report is a result of exhaustive primary and secondary research undertaken by analysts having years of experience in the gas turbine Industry. All the qualitative and quantitative aspects of the industry have been covered and the collected data has been analysed and presented in the form of easily comprehensible charts, graphs and tables.