About Turbines
A turbine is a mechanical device consisting of revolving rotors and blades that transforms rotational energy into usable energy. The fluid used for the rotation can be steam, gas, or other combustion products such as CO2 and carbon monoxide. There are three types of turbines namely steam turbines, gas turbines, and CCGT. Steam turbines extract thermal energy from steam and converts it into mechanical energy. Gas turbines are generally used in gas-fired power plants wherein an internal combustion engine is placed, in which the fuel is mixed with air and ignited. Because of the growing awareness about the environmental pollution caused by thermal power plants, most of the newly constructed gas-fired power plants are CCGT plants.
Technavio's analysts forecast the turbine market in the US to grow at a CAGR of 0.9% in terms of installations over the period 2014-2019.
Covered in this Report
The turbine market in the US can be segmented into three divisions: steam turbines, gas turbines, and CCGT.
Technavio's report, Turbine Market in the US 2014-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. It covers the market landscape and its growth prospects in the coming years. The report also includes a discussion of the key vendors operating in this market.
Key Vendors
• Alstom
• DresserRand
• Elliot Group
• General Electric
• Westinghouse
Other Prominent Vendors
• Cooper Rolls-Coberra
• Stewart & Stevenson Power Products
• United Ring & Seal
• Duraflex
• J B Tool Die & Engineering
Market Driver
• Availability of Shale Gas
• For a full, detailed list, view our report
Market Challenge
• High Capital Costs
• For a full, detailed list, view our report
Market Trend
• Acquisitions by Leading Manufacturers
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Key Highlights
05.1 Increased Shale Gas Availability and Stringent Emission Regulations on Conversion of Coal to Gas-fired Power Plants
05.2 Increasing Manufacturing Capacity for Gas Turbines
05.3 CCGT Capacity to Shoot up to 10 GW by 2019
06. Introduction
07. Market Landscape
07.1 Market Overview
07.2 Power Generation Market in US
07.3 Market Size and Forecast
07.4 Five Forces Analysis
08. Market Segmentation by Type
08.1 Turbine Market in US by Type 2014
08.2 Turbine Market in US by Type 2019
08.3 CCGT Market in US
08.3.1 Market Size and Forecast
08.3.2 CCGT Market in US by Type of Turbine
08.4 CCGT Market in US by Gas Turbine
08.5 CCGT Market in US by Steam Turbine
08.6 Gas Turbine Market in US
08.6.1 Market Size and Forecast
08.7 Steam Turbine Market in US
08.7.1 Market Size and Forecast
08.8 Key Regulations
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and Their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key Vendors Snapshot
16.1.2 Key News
16.2 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Alstom Power
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Key Solutions
17.1.4 Geographical Presence
17.1.5 Business Strategy
17.1.6 Recent Developments
17.1.7 SWOT Analysis
17.2 Dresser-Rand
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Business Segmentation by Revenue 2013
17.2.4 Business Segmentation by Revenue 2012 and 2013
17.2.5 Geographical Segmentation by Revenue 2013
17.2.6 Business Strategy
17.2.7 Recent Developments
17.2.8 SWOT Analysis
17.3 Elliott
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 Geographical Segmentation
17.3.4 Business Strategy
17.3.5 SWOT Analysis
17.4 GE
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Business Segmentation by Revenue 2014
17.4.4 Business Segmentation by Revenue 2013 and 2014
17.4.5 Geographical Segmentation by Revenue 2014
17.4.6 Business strategy
17.4.7 Recent Developments
17.4.8 SWOT Analysis
17.5 Westinghouse Electric
17.5.1 Key Facts
17.5.2 Business Overview
17.5.3 Product Segmentation
17.5.4 Business Strategy
17.5.5 Key Information
17.5.6 SWOT Analysis
18. Other Reports in this Series