Abstract
Summary
Combustion turbine is the engine at the heart of the power plant that produces electric current.A Combustion turbine is a combustion engine that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces electrical energy. It is electrical energy that moves along power lines to homes and businesses.
LPI (LP Information)' newest research report, the “Combustion Turbine Industry Forecast” looks at past sales and reviews total world Combustion Turbine sales in 2022, providing a comprehensive analysis by region and market sector of projected Combustion Turbine sales for 2023 through 2029. With Combustion Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Combustion Turbine industry.
This Insight Report provides a comprehensive analysis of the global Combustion Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Combustion Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Combustion Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Combustion Turbine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Combustion Turbine.
The global Combustion Turbine market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Combustion Turbine players cover General Electric, Siemens Energy, Mitsubishi, Ansaldo, Kawasaki Heavy Industries, Solar Turbines, MAN Energy Solutions, OPRA Gas Turbine and Shanghai Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Combustion Turbine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Heavy Duty Type
Light Duty Type
Segmentation by application
Power Generation
Oil & Gas
Marine
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric
Siemens Energy
Mitsubishi
Ansaldo
Kawasaki Heavy Industries
Solar Turbines
MAN Energy Solutions
OPRA Gas Turbine
Shanghai Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Combustion Turbine market?
What factors are driving Combustion Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Combustion Turbine market opportunities vary by end market size?
How does Combustion Turbine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
LPI (LP Information)' newest research report, the “Combustion Turbine Industry Forecast” looks at past sales and reviews total world Combustion Turbine sales in 2022, providing a comprehensive analysis by region and market sector of projected Combustion Turbine sales for 2023 through 2029. With Combustion Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Combustion Turbine industry.
This Insight Report provides a comprehensive analysis of the global Combustion Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Combustion Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Combustion Turbine market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Combustion Turbine and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Combustion Turbine.
The global Combustion Turbine market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
United States market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
China market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Europe market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.
Global key Combustion Turbine players cover General Electric, Siemens Energy, Mitsubishi, Ansaldo, Kawasaki Heavy Industries, Solar Turbines, MAN Energy Solutions, OPRA Gas Turbine and Shanghai Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.
This report presents a comprehensive overview, market shares, and growth opportunities of Combustion Turbine market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Heavy Duty Type
Light Duty Type
Segmentation by application
Power Generation
Oil & Gas
Marine
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
General Electric
Siemens Energy
Mitsubishi
Ansaldo
Kawasaki Heavy Industries
Solar Turbines
MAN Energy Solutions
OPRA Gas Turbine
Shanghai Electric
Key Questions Addressed in this Report
What is the 10-year outlook for the global Combustion Turbine market?
What factors are driving Combustion Turbine market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Combustion Turbine market opportunities vary by end market size?
How does Combustion Turbine break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?
Table of Contents
1 Scope of the Report
1.1 Market Introduction
1.2 Years Considered
1.3 Research Objectives
1.4 Market Research Methodology
1.5 Research Process and Data Source
1.6 Economic Indicators
1.7 Currency Considered
1.8 Market Estimation Caveats
2 Executive Summary
2.1 World Market Overview
2.1.1 Global Combustion Turbine Annual Sales 2018-2029
2.1.2 World Current & Future Analysis for Combustion Turbine by Geographic Region, 2018, 2022 & 2029
2.1.3 World Current & Future Analysis for Combustion Turbine by Country/Region, 2018, 2022 & 2029
2.2 Combustion Turbine Segment by Type
2.2.1 Heavy Duty Type
2.2.2 Light Duty Type
2.3 Combustion Turbine Sales by Type
2.3.1 Global Combustion Turbine Sales Market Share by Type (2018-2023)
2.3.2 Global Combustion Turbine Revenue and Market Share by Type (2018-2023)
2.3.3 Global Combustion Turbine Sale Price by Type (2018-2023)
2.4 Combustion Turbine Segment by Application
2.4.1 Power Generation
2.4.2 Oil & Gas
2.4.3 Marine
2.4.4 Other
2.5 Combustion Turbine Sales by Application
2.5.1 Global Combustion Turbine Sale Market Share by Application (2018-2023)
2.5.2 Global Combustion Turbine Revenue and Market Share by Application (2018-2023)
2.5.3 Global Combustion Turbine Sale Price by Application (2018-2023)
3 Global Combustion Turbine by Company
3.1 Global Combustion Turbine Breakdown Data by Company
3.1.1 Global Combustion Turbine Annual Sales by Company (2018-2023)
3.1.2 Global Combustion Turbine Sales Market Share by Company (2018-2023)
3.2 Global Combustion Turbine Annual Revenue by Company (2018-2023)
3.2.1 Global Combustion Turbine Revenue by Company (2018-2023)
3.2.2 Global Combustion Turbine Revenue Market Share by Company (2018-2023)
3.3 Global Combustion Turbine Sale Price by Company
3.4 Key Manufacturers Combustion Turbine Producing Area Distribution, Sales Area, Product Type
3.4.1 Key Manufacturers Combustion Turbine Product Location Distribution
3.4.2 Players Combustion Turbine Products Offered
3.5 Market Concentration Rate Analysis
3.5.1 Competition Landscape Analysis
3.5.2 Concentration Ratio (CR3, CR5 and CR10) & (2018-2023)
3.6 New Products and Potential Entrants
3.7 Mergers & Acquisitions, Expansion
4 World Historic Review for Combustion Turbine by Geographic Region
4.1 World Historic Combustion Turbine Market Size by Geographic Region (2018-2023)
4.1.1 Global Combustion Turbine Annual Sales by Geographic Region (2018-2023)
4.1.2 Global Combustion Turbine Annual Revenue by Geographic Region (2018-2023)
4.2 World Historic Combustion Turbine Market Size by Country/Region (2018-2023)
4.2.1 Global Combustion Turbine Annual Sales by Country/Region (2018-2023)
4.2.2 Global Combustion Turbine Annual Revenue by Country/Region (2018-2023)
4.3 Americas Combustion Turbine Sales Growth
4.4 APAC Combustion Turbine Sales Growth
4.5 Europe Combustion Turbine Sales Growth
4.6 Middle East & Africa Combustion Turbine Sales Growth
5 Americas
5.1 Americas Combustion Turbine Sales by Country
5.1.1 Americas Combustion Turbine Sales by Country (2018-2023)
5.1.2 Americas Combustion Turbine Revenue by Country (2018-2023)
5.2 Americas Combustion Turbine Sales by Type
5.3 Americas Combustion Turbine Sales by Application
5.4 United States
5.5 Canada
5.6 Mexico
5.7 Brazil
6 APAC
6.1 APAC Combustion Turbine Sales by Region
6.1.1 APAC Combustion Turbine Sales by Region (2018-2023)
6.1.2 APAC Combustion Turbine Revenue by Region (2018-2023)
6.2 APAC Combustion Turbine Sales by Type
6.3 APAC Combustion Turbine Sales by Application
6.4 China
6.5 Japan
6.6 South Korea
6.7 Southeast Asia
6.8 India
6.9 Australia
6.10 China Taiwan
7 Europe
7.1 Europe Combustion Turbine by Country
7.1.1 Europe Combustion Turbine Sales by Country (2018-2023)
7.1.2 Europe Combustion Turbine Revenue by Country (2018-2023)
7.2 Europe Combustion Turbine Sales by Type
7.3 Europe Combustion Turbine Sales by Application
7.4 Germany
7.5 France
7.6 UK
7.7 Italy
7.8 Russia
8 Middle East & Africa
8.1 Middle East & Africa Combustion Turbine by Country
8.1.1 Middle East & Africa Combustion Turbine Sales by Country (2018-2023)
8.1.2 Middle East & Africa Combustion Turbine Revenue by Country (2018-2023)
8.2 Middle East & Africa Combustion Turbine Sales by Type
8.3 Middle East & Africa Combustion Turbine Sales by Application
8.4 Egypt
8.5 South Africa
8.6 Israel
8.7 Turkey
8.8 GCC Countries
9 Market Drivers, Challenges and Trends
9.1 Market Drivers & Growth Opportunities
9.2 Market Challenges & Risks
9.3 Industry Trends
10 Manufacturing Cost Structure Analysis
10.1 Raw Material and Suppliers
10.2 Manufacturing Cost Structure Analysis of Combustion Turbine
10.3 Manufacturing Process Analysis of Combustion Turbine
10.4 Industry Chain Structure of Combustion Turbine
11 Marketing, Distributors and Customer
11.1 Sales Channel
11.1.1 Direct Channels
11.1.2 Indirect Channels
11.2 Combustion Turbine Distributors
11.3 Combustion Turbine Customer
12 World Forecast Review for Combustion Turbine by Geographic Region
12.1 Global Combustion Turbine Market Size Forecast by Region
12.1.1 Global Combustion Turbine Forecast by Region (2024-2029)
12.1.2 Global Combustion Turbine Annual Revenue Forecast by Region (2024-2029)
12.2 Americas Forecast by Country
12.3 APAC Forecast by Region
12.4 Europe Forecast by Country
12.5 Middle East & Africa Forecast by Country
12.6 Global Combustion Turbine Forecast by Type
12.7 Global Combustion Turbine Forecast by Application
13 Key Players Analysis
13.1 General Electric
13.1.1 General Electric Company Information
13.1.2 General Electric Combustion Turbine Product Portfolios and Specifications
13.1.3 General Electric Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.1.4 General Electric Main Business Overview
13.1.5 General Electric Latest Developments
13.2 Siemens Energy
13.2.1 Siemens Energy Company Information
13.2.2 Siemens Energy Combustion Turbine Product Portfolios and Specifications
13.2.3 Siemens Energy Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.2.4 Siemens Energy Main Business Overview
13.2.5 Siemens Energy Latest Developments
13.3 Mitsubishi
13.3.1 Mitsubishi Company Information
13.3.2 Mitsubishi Combustion Turbine Product Portfolios and Specifications
13.3.3 Mitsubishi Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.3.4 Mitsubishi Main Business Overview
13.3.5 Mitsubishi Latest Developments
13.4 Ansaldo
13.4.1 Ansaldo Company Information
13.4.2 Ansaldo Combustion Turbine Product Portfolios and Specifications
13.4.3 Ansaldo Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.4.4 Ansaldo Main Business Overview
13.4.5 Ansaldo Latest Developments
13.5 Kawasaki Heavy Industries
13.5.1 Kawasaki Heavy Industries Company Information
13.5.2 Kawasaki Heavy Industries Combustion Turbine Product Portfolios and Specifications
13.5.3 Kawasaki Heavy Industries Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.5.4 Kawasaki Heavy Industries Main Business Overview
13.5.5 Kawasaki Heavy Industries Latest Developments
13.6 Solar Turbines
13.6.1 Solar Turbines Company Information
13.6.2 Solar Turbines Combustion Turbine Product Portfolios and Specifications
13.6.3 Solar Turbines Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.6.4 Solar Turbines Main Business Overview
13.6.5 Solar Turbines Latest Developments
13.7 MAN Energy Solutions
13.7.1 MAN Energy Solutions Company Information
13.7.2 MAN Energy Solutions Combustion Turbine Product Portfolios and Specifications
13.7.3 MAN Energy Solutions Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.7.4 MAN Energy Solutions Main Business Overview
13.7.5 MAN Energy Solutions Latest Developments
13.8 OPRA Gas Turbine
13.8.1 OPRA Gas Turbine Company Information
13.8.2 OPRA Gas Turbine Combustion Turbine Product Portfolios and Specifications
13.8.3 OPRA Gas Turbine Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.8.4 OPRA Gas Turbine Main Business Overview
13.8.5 OPRA Gas Turbine Latest Developments
13.9 Shanghai Electric
13.9.1 Shanghai Electric Company Information
13.9.2 Shanghai Electric Combustion Turbine Product Portfolios and Specifications
13.9.3 Shanghai Electric Combustion Turbine Sales, Revenue, Price and Gross Margin (2018-2023)
13.9.4 Shanghai Electric Main Business Overview
13.9.5 Shanghai Electric Latest Developments
14 Research Findings and Conclusion