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Download Free sampleA Industrial Gas Turbine engine is a type of internal combustion engine. Essentially, the engine can be viewed as an energy conversion device that converts energy stored in the fuel to useful mechanical energy in the form of rotational power. The term ?gas? refers to the ambient air that is taken into the engine and used as the working medium in the energy conversion process.
Industrial Gas Turbines Market contains market size and forecasts of Industrial Gas Turbines in global, including the following market information:
Global Industrial Gas Turbines Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Industrial Gas Turbines Market Sales, 2017-2022, 2023-2028, (Units)
Global top five Industrial Gas Turbines companies in 2021 (%)
The global Industrial Gas Turbines market was valued at 13400 million in 2021 and is projected to reach US$ 15710 million by 2028, at a CAGR of 2.3% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Less Than 20MW Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Industrial Gas Turbines include GE, Siemens, MHPS, Ansaldo, Kawasaki, Solar Turbines, MAN Energy and BHEL, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Industrial Gas Turbines manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Industrial Gas Turbines Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Industrial Gas Turbines Market Segment Percentages, by Type, 2021 (%)
Less Than 20MW
More Than 20MW
Global Industrial Gas Turbines Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Industrial Gas Turbines Market Segment Percentages, by Application, 2021 (%)
Power Generation
Oil and Gas
Other
Global Industrial Gas Turbines Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (Units)
Global Industrial Gas Turbines Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Industrial Gas Turbines revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Industrial Gas Turbines revenues share in global market, 2021 (%)
Key companies Industrial Gas Turbines sales in global market, 2017-2022 (Estimated), (Units)
Key companies Industrial Gas Turbines sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
GE
Siemens
MHPS
Ansaldo
Kawasaki
Solar Turbines
MAN Energy
BHEL
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Industry Market SizeSWOT AnalysisIndustry Major PlayersRevenue ForecastsHistorical and Forecast GrowthProfitability Analysis
