Aeroderivative Gas Turbine Market by End-user and Geography - Forecast and Analysis 2021-2025

  • Published: Jun 2021
  • Pages: 120
  • SKU: IRTNTR70663
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The aeroderivative gas turbine market has the potential to grow by $ 1.08 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 3%.

The aeroderivative gas turbine market report extensively covers market segmentations by End-user (Mobility, Power generation, and Oil and gas) and Geography (APAC, North America, Europe, MEA, and South America) and potential market drivers that the vendors are capitalizing on to sustain profitable growth. Furthermore, read about the latest key findings on the post COVID-19 impact on the market from this report.

What will the Aeroderivative Gas Turbine Market Size be in 2021?

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Aeroderivative Gas Turbine Market: Key Drivers and Trends

According to our research output, there has been a negative impact on the market growth post COVID-19 era. Key drivers such as the increased power-to-weight ratio of aeroderivative gas turbines are notably supporting the aeroderivative gas turbine market growth. On the other hand, factors such as inherent challenges of handling natural gas have been identified as market challenges that limit the growth of market vendors. This report offers detailed insights on the challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic aeroderivative gas turbine market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Aeroderivative Gas Turbine Market Vendors?

The aeroderivative gas turbine market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The leading companies included in the report are as follows:

  • Baker Hughes Co.
  • General Electric Co.
  • MAN Energy Solutions SE
  • Wartsila Corp.
  • Rolls-Royce Plc
  • Siemens AG
  • Kawasaki Heavy Industries Ltd.
  • VBR Turbine Partners BV
  • Vericor Power Systems
  • Mitsubishi Hitachi Power Systems Ltd.

From our Porter’s five forces analysis study, get detailed insights on the functional involvement of the buyers and suppliers to form well-rounded knowledge about the supply chain and create cost reduction plans. The aeroderivative gas turbine market analysis report also contains exhaustive observation on the organic and inorganic growth strategies deployed by the vendors. Click here to uncover details of successful business strategies adopted by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the aeroderivative gas turbine market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Aeroderivative Gas Turbine Market?

Aeroderivative Gas Turbine Market Share by Geography

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49% of the market’s growth will originate from APAC during the forecast period. US, China, UK, Germany, and Saudi Arabia are the key markets for aeroderivative gas turbine market in APAC.

The report offers an up-to-date analysis of the geographical composition of the market. APAC has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Rising cogeneration applications for aeroderivative gas turbines will facilitate the aeroderivative gas turbine market growth in APAC over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Aeroderivative Gas Turbine Market?

Aeroderivative Gas Turbine Market Share by End-user

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The aeroderivative gas turbine market share growth by the __ segment has been significant. This report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency.

This report provides thorough aeroderivative gas turbine market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the aeroderivative gas turbine market size.

Aeroderivative Gas Turbine Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 3%

Market growth 2021-2025

$ 1.08 billion

Market structure

Fragmented

YoY growth (%)

2.11

Regional analysis

APAC, North America, Europe, MEA, and South America

Performing market contribution

APAC at 49%

Key consumer countries

US, China, UK, Germany, and Saudi Arabia

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Baker Hughes Co., General Electric Co., MAN Energy Solutions SE, Wartsila Corp., Rolls-Royce Plc, Siemens AG, Kawasaki Heavy Industries Ltd., VBR Turbine Partners BV, Vericor Power Systems, and Mitsubishi Hitachi Power Systems Ltd.

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Aeroderivative Gas Turbine Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive aeroderivative gas turbine market growth during the next five years
  • Precise estimation of the aeroderivative gas turbine market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the aeroderivative gas turbine market across APAC, North America, Europe, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of aeroderivative gas turbine market vendors

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Executive Summary

    Market Landscape

    • Market ecosystem
    • Value chain analysis

    Market Sizing

    • Market definition
    • Market segment analysis
    • Market size 2020
    • Market outlook: Forecast for 2020 - 2025

    Five Forces Analysis

    • Bargaining power of buyers
    • Bargaining power of suppliers
    • Threat of new entrants
    • Threat of substitutes
    • Threat of rivalry
    • Market condition

    Market Segmentation by End-user

    • Market segments
    • Comparison by End user
    • Mobility - Market size and forecast 2020-2025
    • Power generation - Market size and forecast 2020-2025
    • Oil and gas - Market size and forecast 2020-2025
    • Market opportunity by End user

    Customer landscape

    • Customer landscape

    Geographic Landscape

    • Geographic segmentation
    • Geographic comparison
    • APAC - Market size and forecast 2020-2025
    • North America - Market size and forecast 2020-2025
    • Europe - Market size and forecast 2020-2025
    • MEA - Market size and forecast 2020-2025
    • South America - Market size and forecast 2020-2025
    • Key leading countries
    • Market opportunity by geography
    • Market drivers
    • Market challenges
    • Market trends

    Vendor Landscape

    • Vendor landscape
    • Landscape disruption

    Vendor Analysis

    • Vendors covered
    • Market positioning of vendors
    • Baker Hughes Co.
    • General Electric Co.
    • Kawasaki Heavy Industries Ltd.
    • MAN Energy Solutions SE
    • Mitsubishi Hitachi Power Systems Ltd.
    • Rolls-Royce Plc
    • Siemens AG
    • VBR Turbine Partners BV
    • Vericor Power Systems
    • Wartsila Corp.

    Appendix

    • Scope of the report
    • Currency conversion rates for US$
    • Research methodology
    • List of abbreviations

    Research Framework

    Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

    TechnavioINFORMATION SOURCES

    Primary sources

    • Manufacturers and suppliers
    • Channel partners
    • Industry experts
    • Strategic decision makers

    Secondary sources

    • Industry journals and periodicals
    • Government data
    • Financial reports of key industry players
    • Historical data
    • Press releases
    Technavio

    TechnavioDATA ANALYSIS

    Data Synthesis

    • Collation of data
    • Estimation of key figures
    • Analysis of derived insights

    Data Validation

    • Triangulation with data models
    • Reference against proprietary databases
    • Corroboration with industry experts
    Technavio

    TechnavioREPORT WRITING

    Qualitative

    • Market drivers
    • Market challenges
    • Market trends
    • Five forces analysis

    Quantitative

    • Market size and forecast
    • Market segmentation
    • Geographical insights
    • Competitive landscape
    Interested in this report?
    Get your FREE sample now!
    The aeroderivative gas turbine market growth will increase by $1085.19 million during 2020-2025.
    The aeroderivative gas turbine market is expected to grow at a CAGR of 2.95% during 2020-2025.
    Technavio has segmented the aeroderivative gas turbine market by end user (Mobility, Power generation, and Oil and gas) and geographic (APAC, North America, Europe, MEA, and South America).
    Baker Hughes Co., General Electric Co., Kawasaki Heavy Industries Ltd., MAN Energy Solutions SE, Mitsubishi Hitachi Power Systems Ltd., Rolls-Royce Plc, Siemens AG, VBR Turbine Partners BV, Vericor Power Systems, Wartsila Corp. are a few of the key vendors in the aeroderivative gas turbine market.
    APAC will register the highest growth rate of 49.02% among the other regions. Therefore, the aeroderivative gas turbine market in APAC is expected to garner significant business opportunities for the vendors during the forecast period.
    The key factors driving the aeroderivative gas turbine market growth are:
    • Increased power-to-weight ratio of aeroderivative gas turbines
    The aeroderivative gas turbine market vendors should focus on grabbing business opportunities from the mobility segment as it accounted for the largest market share in the base year.
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