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The Asia-Pacific Gas Turbine Market is segmented by Capacity (Less than 30 MW, 31-120 MW, Above 120 MW), Type (Combined Cycle, and Open Cycle), Application (Power, Oil and Gas, and Other Industries), and Geography (China, Japan, India, and Rest of Asia-Pacific).
Study Period:
2016 - 2026
Base Year:
2019
CAGR:
3.5 %
The Asia-Pacific gas turbine market is expected to register a CAGR of over 3.5% during the forecast period of 2020–2025. The market is witnessing a significant growth driven by the increasing demand for natural gas-fired power plants, demand for liquefied natural gas (LNG) supplied through both pipelines and ships, increasing demand for electricity, and targets to carbon dioxide emission reductions in major countries. However, increasing shift toward renewable energies, such as solar and wind for power generation, is expected to restrain the growth of the market in the coming years.
The Asia-Pacific gas turbine market report include:
Capacity | |
Less than 30 MW | |
31-120 MW | |
Above 120 MW |
Type | |
Combined Cycle | |
Open Cycle |
Application | |
Power | |
Oil and Gas | |
Other Industries |
Geography | |
China | |
Japan | |
India | |
Rest of Asia-Pacific |
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The Asia-Pacific gas turbine market is moderately consolidated. Some of the major companies are General Electric Company, Siemens AG, Mitsubishi Heavy Industries Ltd, Kawasaki Heavy Industries Ltd, and Ansaldo Energia SpA.
1. INTRODUCTION
1.1 Scope of the Study
1.2 Market Definition
1.3 Study Assumptions
2. EXECUTIVE SUMMARY
3. RESEARCH METHODOLOGY
4. MARKET OVERVIEW
4.1 Introduction
4.2 Market Size and Demand Forecast in USD billion, till 2025
4.3 Recent Trends and Developments
4.4 Government Policies and Regulations
5. MARKET DYNAMICS
5.1 Drivers
5.2 Restraints
6. Supply Chain Analysis
7. Porter's Five Forces Analysis
7.1 Bargaining Power of Suppliers
7.2 Bargaining Power of Consumers
7.3 Threat of New Entrants
7.4 Threat of Substitutes Products and Services
7.5 Intensity of Competitive Rivalry
8. MARKET SEGMENTATION
8.1 Capacity
8.1.1 Less than 30 MW
8.1.2 31-120 MW
8.1.3 Above 120 MW
8.2 Type
8.2.1 Combined Cycle
8.2.2 Open Cycle
8.3 Application
8.3.1 Power
8.3.2 Oil and Gas
8.3.3 Other Industries
8.4 Geography
8.4.1 China
8.4.2 Japan
8.4.3 India
8.4.4 Rest of Asia-Pacific
9. COMPETITIVE LANDSCAPE
9.1 Mergers and Acquisitions, Joint Ventures, Collaborations, and Agreements
9.2 Strategies Adopted by Leading Players
10. Company Profiles
10.1 General Electric Company
10.2 Mitsubishi Heavy Industries Ltd
10.3 Siemens AG
10.4 Kawasaki Heavy Industries Ltd
10.5 Ansaldo Gas Turbine Technology Co. Ltd
10.6 Harbin Electric Co Ltd
10.7 Bharat Heavy Electricals Limited
10.8 Opra Turbines BV
10.9 Capstone Turbine Corporation
11. MARKET OPPORTUNITIES AND FUTURE TRENDS
** Subject to Availability