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Gas Turbines Market – Global Industry Analysis and Forecast (2017-2026) _ by Technology (Open and Combined), by Design Type (Heavy Duty and Aeroderivative), by Rating Capacity (Less than 40 MW, 40-120 MW, 120-300 MW and Above 300 MW), by Application and by Geography

Market Scenario

Gas Turbines Market is expected to reach USD 24.75 Billion by 2026 from USD 17.35 Billion in 2016 at a CAGR of 3.62% (Detailed analysis of the market CAGR is provided in the report). A gas turbine is a type of continuous internal combustion engine also called as combustion turbine. Gas Turbines are very efficient for converting fuel energy to mechanical energy.Gas Turbines MarketThe Gas Turbines Market based on design type has been segmented into heavy duty (frame) type and aero-derivative. The heavy duty (frame) segment is expected to be one of the major contributors for the gas turbines market. There is the increasing number of large gas-fired power plants and the demand for heavy-duty gas turbines that power them. Based on application, the market has been segmented into power generation, oil & gas, and other industrial applications. The power generation segment is expected to hold one of the largest market shares for the gas turbines market. Geographically, Gas Turbines Market has been segmented into Asia-Pacific, North America, Europe, Middle-East & Africa and Latin America. Asia Pacific (APAC) formed one of the largest markets for gas turbines market, followed by Europe and North America. High growth in APAC regions is attributed to development in countries like Japan, China, and India. Rising demand for electricity, efficient power generation technologies and stringent government regulations related to carbon emission are some of the factors driving the market growth. Key Highlights: • Gas Turbines Market analysis and forecast, in terms of value. • Comprehensive study and analysis of market drivers, restraints and opportunities influencing the growth of the Gas Turbines Market. • Gas Turbines Market segmentation on the basis of type, source, end-user, and region (country-wise) has been provided. • Gas Turbines Market strategic analysis with respect to individual growth trends, future prospects along with a contribution of various sub-market stakeholders have been considered under the scope of the study. • Gas Turbines Market analysis and forecast for five major regions namely North America, Europe, Asia Pacific, the Middle East & Africa (MEA) and Latin America along with country-wise segmentation. • Profiles of key industry players, their strategic perspective, market positioning and analysis of core competencies are further profiled. • Competitive developments, investments, strategic expansion and competitive landscape of the key players operating in the Gas Turbines Market are also profiled. Research Methodology Bloomberg, Factiva, and Hoovers are some of the sites that are being referred to gain insights about Gas Turbines Market. Experts from top manufacturing companies along with other stakeholders have been considered. This is done to validate and collect critical information for evaluating trends related to this market during the forecast period. Top-down and bottom-up approaches have been used to estimate the global and regional size of this market. Data triangulation techniques along with other comparative analysis are also used to calculate the exact size of the Gas Turbines Market globally.

Some of the key players operating in the gas turbine market include

• GE (US) • Siemens (Germany) • MHPS (Japan) • Ansaldo (Italy) • Kawasaki Heavy Industries (Japan) • General Electric (US) • Harbin Electric (China) • OPRA (Norway) • Solar Turbines (US) • BHEL (India) Key Target Audience: • Gas turbine manufacturers • Suppliers of parts and components in the gas turbines industry • Public and private operators of natural gas power plants • Government and research organizations • Manufacturers associations • Institutional investors Years considered to estimate the market size of the Gas Turbines Market have been mentioned below: • Base year-2016 • Estimated year-2017 • Forecast year- 2017 to 2026 The scope of the Gas Turbines Market Report: This research report segments the Gas Turbines Market based on technology, application, design type, rating capacity and geography

Gas Turbines Market, By Technology:

• Open Cycle • Combined Cycle

Gas Turbines Market, By Application:

• Power Generation • Oil & Gas • Other Industrial Gas Turbines Market, By Design Type:

• Heavy Duty • Aeroderivative

Gas Turbines Market, By Rating Capacity:

• Less than 40 MW • 40–120 MW • 120–300 MW • Above 300 MW

Gas Turbines Market, By Geography:

• North America • Europe • Asia Pacific • Middle East & Africa • Latin America Geographic Analysis • Breakdown of North America Gas Turbines Market • Breakdown of Europe Gas Turbines Market • Breakdown of Asia Pacific Gas Turbines Market • Breakdown of Middle East & Africa Gas Turbines Market • Breakdown of Latin America Gas Turbines Market Available Customizations Maximize Market Research offers customizations of reports according to the specific requirement of our clients

Table of Contents

Gas Turbines Market

1. EXECUTIVE SUMMARY 2. RESEARCH METHODOLOGY 2.1. Market Definition 2.2. Market Scope 2.3. Data Sources 3. MARKET DYNAMICS 3.1. Market Drivers 3.2. Market Restraints 3.3. Market Opportunities 4. END-USER OVERVIEW 4.1. Value Chain Analysis 4.2. Key Trends 5. GAS TURBINES MARKET, BY TECHNOLOGY (2016-2026) 5.1. Introduction 5.2. Gas Turbines Market, by Open Cycle 5.2.1. Open Cycle Market Overview 5.2.2. Open Cycle Market Size & Forecast 5.3. Gas Turbines Market, by Combined Cycle 5.3.1. Combined Cycle Market Overview 5.3.2. Combined Cycle Market Size & Forecast 6. GAS TURBINES MARKET, BY APPLICATION (2016-2026) 6.1. Introduction 6.2. Gas Turbines Market, by Power Generation 6.2.1. Power Generation Market Overview 6.2.2. Power Generation Market Size & Forecast 6.3. Gas Turbines Market, by Oil & Gas 6.3.1. Oil & Gas Market Overview 6.3.2. Oil & Gas Market Size & Forecast 6.4. Gas Turbines Market, by Other Industrial Applications 6.4.1. Other Industrial Applications Market Overview 6.4.2. Other Industrial Applications Market Size & Forecast 7. GAS TURBINES MARKET, BY DESIGN TYPE (2016-2026) 7.1. Introduction 7.2. Gas Turbines Market, by Heavy Duty (Frame) Type 7.2.1. Heavy Duty Type Market Overview 7.2.2. Heavy Duty Type Market Size & Forecast 7.3. Gas Turbines Market, by Aeroderivative Type 7.3.1. Aeroderivative Type Market Overview 7.3.2. Aeroderivative Type Market Size & Forecast 8. GAS TURBINES MARKET, BY RATED CAPACITY (2016-2026) 8.1. Introduction 8.2. Gas Turbines Market, by Above 300 MW 8.2.1. Above 300 MW Market Overview 8.2.2. Above 300 MW Market Size & Forecast 8.3. Gas Turbines Market, by120–300 MW 8.3.1. 120–300 MW Market Overview 8.3.2. 120–300 MW Market Size & Forecast 8.4. Gas Turbines Market, by40–120 MW 8.4.1. 40–120 MW Market Overview 8.4.2. 40–120 MW Market Size & Forecast 8.5. Gas Turbines Market, by Less Than 40 MW 8.5.1. Less Than 40 MW Market Overview 8.5.2. Less Than 40 MW Market Size & Forecast 9. GAS TURBINES MARKET, BY GEOGRAPHY (2016-2026) 9.1. North America Gas Turbines Market 9.1.1. North America Gas Turbines Market, by Technology 9.1.2. North America Gas Turbines Market, by Application 9.1.3. North America Gas Turbines Market, by Design Type 9.1.4. North America Gas Turbines Market, by Rated Capacity 9.1.5. North America Gas Turbines Market, by Region 9.1.5.1. U.S. Gas Turbines Market 9.1.5.2. Canada Gas Turbines Market 9.1.5.3. Rest of North America Gas Turbines Market 9.2. Europe Gas Turbines Market 9.2.1. Europe Gas Turbines Market, by Technology 9.2.2. Europe Gas Turbines Market, by Application 9.2.3. Europe Gas Turbines Market, by Design Type 9.2.4. Europe Gas Turbines Market, by Rated Capacity 9.2.5. Europe Gas Turbines Market, by Region 9.2.5.1. France Gas Turbines Market 9.2.5.2. Germany Gas Turbines Market 9.2.5.3. U.K .Gas Turbines Market 9.2.5.4. Rest of Europe Gas Turbines Market 9.3. Asia Pacific Gas Turbines Market 9.3.1. Asia-Pacific Gas Turbines Market, by Technology 9.3.2. Asia-Pacific Gas Turbines Market, by Application 9.3.3. Asia-Pacific Gas Turbines Market, by Design Type 9.3.4. Asia-Pacific Gas Turbines Market, by Rated Capacity 9.3.5. Asia-Pacific Gas Turbines Market, by Region 9.3.5.1. China Gas Turbines Market 9.3.5.2. Japan Gas Turbines Market 9.3.5.3. India Gas Turbines Market 9.3.5.4. Australia Gas Turbines Market 9.3.5.5. South Korea Gas Turbines Market 9.3.5.6. Rest of Asia Pacific Gas Turbines Market 9.4. Middle East & Africa Gas Turbines Market 9.4.1. Middle East & Africa Gas Turbines Market, by Technology 9.4.2. Middle East & Africa Gas Turbines Market, by Application 9.4.3. Middle East & Africa Gas Turbines Market, by Design Type 9.4.4. Middle East & Africa Gas Turbines Market, by Rated Capacity 9.4.5. Middle East & Africa Gas Turbines Market, by Region 9.4.5.1. South Africa Gas Turbines Market 9.4.5.2. Egypt Gas Turbines Market 9.4.5.3. Nigeria Gas Turbines Market 9.4.5.4. Rest of Middle East & Africa Gas Turbines Market 9.5. Latin America Gas Turbines Market 9.5.1. Latin America Gas Turbines Market, by Technology 9.5.2. Latin America Gas Turbines Market, by Application 9.5.3. Latin America Gas Turbines Market, by Design Type 9.5.4. Latin America Gas Turbines Market, by Rated Capacity 9.5.5. Latin America Gas Turbines Market, by Region 9.5.5.1. Brazil Gas Turbines Market 9.5.5.2. Argentina Gas Turbines Market 9.5.5.3. Columbia Gas Turbines Market 9.5.5.4. Mexico Gas Turbines Market 9.5.5.5. Rest of Latin America Gas Turbines Market 10. MARKET COMPETITION ANALYSIS 10.1 Market Share/Positioning Analysis 10.2 Key Innovators 10.3 Company Profiles 10.3.1 Kawasaki Heavy Industries 10.3.1.1 Overview 10.3.1.2 Products/ End-User 10.3.1.3 Strategy 10.3.1.4 Key Developments 10.3.2 General Electric 10.3.2.1 Overview 10.3.2.2 Products/ End-User 10.3.2.3 Strategy 10.3.2.4 Key Developments 10.3.3 Siemens 10.3.3.1 Overview 10.3.3.2 Products/ End-User 10.3.3.3 Strategy 10.3.3.4 Key Developments 10.3.4 MHPS 10.3.4.1 Overview 10.3.4.2 Products/ End-User 10.3.4.3 Strategy 10.3.4.4 Key Developments 10.3.5 Harbin Electric 10.3.5.1 Overview 10.3.5.2 Products/ End-User 10.3.5.3 Strategy 10.3.5.4 Key Developments 10.3.6 Ansaldo 10.3.6.1 Overview 10.3.6.2 Products/ End-User 10.3.6.3 Strategy 10.3.6.4 Key Developments 10.3.7 OPRA 10.3.7.1 Overview 10.3.7.2 Products/ End-User 10.3.7.3 Strategy 10.3.7.4 Key Developments 10.3.8 Solar Turbines 10.3.8.1 Overview 10.3.8.2 Products/ End-User 10.3.8.3 Strategy 10.3.8.4 Key Developments 10.3.9 Man Diesel 10.3.9.1 Overview 10.3.9.2 Products/ End-User 10.3.9.3 Strategy 10.3.9.4 Key Developments 10.3.10 BHEL 10.3.10.1 Overview 10.3.10.2 Products/ End-User 10.3.10.3 Strategy 10.3.10.4 Key Developments LIST OF TABLES Table 1 Gas Turbines Market Snapshot Table 2 Gas Turbines Market Size, By Technology, 2016–2026 (USD Billion) Table 3 Open Cycle: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 4 Combined Cycle: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 5 Gas Turbines Market Size, By Application, 2016–2026 (USD Billion) Table 6 Power Generation: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 7 Oil & Gas: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 8 Other Industrial: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 9 Gas Turbines Market Size, By Design Type, 2016–2026 (USD Billion) Table 10 Heavy Duty: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 11 Aeroderivative: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 12 Gas Turbines Market Size, By Rated Capacity, 2016–2026 (USD Billion) Table 13 Above 300 MW: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 14 120–300 MW: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 15 40–120 MW: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 16 Less Than 40 MW: Gas Turbines Market Size, By Region, 2016–2026 (USD Million) Table 17 Gas Turbines Market Size, By Region, 2016–2026 (USD Billion) Table 18 Asia Pacific: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 19 Asia Pacific: Gas Turbines Market Size, By Application, 2016–2026 (USD Million) Table 20 Asia Pacific: Gas Turbines Size, By Rated Capacity, 2016–2026 (USD Million) Table 21 Asia Pacific: Gas Turbines Market Size, By Design Type, 2016–2026 (USD Million) Table 22 Asia Pacific: Gas Turbines Market Size, By Country, 2016–2026 (Million) Table 23 China: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 24 India: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 25 Australia: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 26 Japan: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 27 South Korea: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 28 Indonesia: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 29 Rest of Asia Pacific: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 30 North America: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 31 North America: Gas Turbines Market Size, By Application, 2016–2026 (USD Million) Table 32 North America: Gas Turbines Market Size, By Rated Capacity, 2016–2026 (USD Million) Table 33 North America: Gas Turbines Market Size, By Design, 2016–2026 (USD Million) Table 34 North America: Gas Turbines Market Size, By Country, 2016–2026 (USD Million) Table 35 US: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 36 Canada: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 37 Latin America: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 38 Latin America: Gas Turbines Market Size, By Application, 2016–2026 (USD Million) Table 39 Latin America: Gas Turbines Market Size, By Rated Capacity, 2016–2026 (USD Million) Table 40 Latin America: Gas Turbines Market Size, By Design, 2016–2026 (USD Million) Table 41 Latin America: Gas Turbines Market Size, By Country, 2016–2026 (USD Million) Table 42 Mexico: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 43 Argentina: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 44 Brazil: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 45 Bolivia: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 46 Rest of Latin America: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 47 Europe: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 48 Europe: Gas Turbines Market Size, By Application, 2016–2026 (USD Million) Table 49 Europe: Gas Turbines Market Size, By Rated Capacity, 2016–2026 (USD Million) Table 50 Europe: Gas Turbines Market Size, By Design, 2016–2026 (USD Million) Table 51 Europe: Gas Turbines Market Size, By Country, 2016–2026 (USD Million) Table 52 Russia: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 53 Germany: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 54 UK: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 55 Italy: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 56 France: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 57 Rest of Europe: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 58 Middle East & Africa: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 59 Middle East & Africa: Gas Turbines Market Size, By Application, 2016–2026 (USD Million) Table 60 Middle East & Africa: Gas Turbines Market Size, By Rated Capacity, 2016–2026 (USD Million) Table 61 Middle East & Africa: Gas Turbines Market Size, By Design Type, 2016–2026 (USD Million) Table 62 Middle East & Africa: Gas Turbines Market Size, By Country, 2016–2026 (USD Million) Table 63 Saudi Arabia: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 64 UAE: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 65 Iran: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 66 Egypt: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) Table 67 Rest of the Middle East & Africa: Gas Turbines Market Size, By Technology, 2016–2026 (USD Million) LIST OF FIGURES Figure 1 Gas Turbines Market Segmentation Figure 2 Gas Turbines Market: Research Design Figure 3 Breakdown of Primary Interviews: By Company Type, Designation, & Region Figure 4 Market Size Estimation Methodology: Bottom-Up Approach Figure 5 Market Size Estimation Methodology: Top-Down Approach Figure 6 Gas Turbines Market: Market Estimation Approach & Data Triangulation Methodology Figure 7 The Market in Asia Pacific Dominated the Gas Turbines Market in 2016 Figure 8 The Combined Cycle Segment is Expected to Lead the Gas Turbines Market During the Forecast Period Figure 9 Power Generation the Largest Application Segment for Gas Turbines in 2016 Figure 10 Gas Turbines of Above 300 MW are Expected to Dominate the Market During the Forecast Period Figure 11 Increasing Electricity Demand is Expected to Drive the Gas Turbines Market During the Forecast Period Figure 12 The Market in the Middle East & Africa is Expected to Grow at the Highest CAGR During the Forecast Period Figure 13 The Heavy Duty Frame Segment is Expected to Account for the Largest Share During the Forecast Period Figure 14 The Above 300 MW Segment is Expected to Lead the Gas Turbines Market During the Forecast Period Figure 15 The Power Generation Segment is Expected to Lead the Gas Turbines Market During the Forecast Period Figure 16 Market Dynamics for the Gas Turbines Market Figure 17 Gas Turbines Market Share (Value), By Technology, 2016 Figure 18 Asia Pacific to Dominate the Power Generation and Oil & Gas Applications in 2016 Figure 19 Gas Turbines Market Share (Value), By Design Type, 2016 Figure 20 Gas Turbines Market Share (Value), By Rated Capacity, 2016 Figure 21 Regional Snapshot: Rapid Growth in Developing Markets Figure 22 Asia Pacific Gas Turbines Market Snapshot Figure 23 North American Gas Turbines Market Snapshot Figure 24 Companies Adopted Contracts & Agreements to Capture A Share of the Market, 2015–2016 Figure 25 Market Ranking, Gas Turbines Market 2016 Figure 26 Battle for Market Share: Contracts & Agreements Was the Key Strategy, 2015–2016 Figure 27 Kawasaki Heavy Industries (Kawasaki Ltd): Company Snapshot Figure 28 Siemens: Company Snapshot Figure 29 GE: Company Snapshot Figure 30 Ansaldo: Company Snapshot Figure 31 BHEL: Company Snapshot

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