Growth Opportunities in Global Gas Turbine Market in Power Industry 2013-2018 Trend Forecast and Opportunity Analysis, July 2013

July 2013 | 71 pages | ID: G106E99350AEN
Lucintel

Abstracts

The global gas turbine market is expected to reach $14.1 billion by value in 2018. The overall gas turbine market has increased in the last few years due to the increasing energy demand and falling gas turbine prices. Decline in the prices of natural gas has resulted in an increase in global supply of gas turbine with reduced cost of electricity which has further increased their attractiveness to investors and accelerated technological drive towards competitiveness with other fossil fuels and renewable electricity sources.

Lucintel, a leading global management consulting and market research firm, has conducted a competitive analysis on the gas turbine market in the power industry and presents its findings in “Growth Opportunities in Global Gas Turbine Market in Power Industry 2013-2018: Trend, Forecast, and Opportunity Analysis”. From the analysis presented, gas turbine manufacturers should be able to recognize where potentially valuable opportunities exist in the global gas turbine industry. Marketing strategies tailored to take advantage of these conditions, resulted in improved revenue and profitability.

The report highlights the major challenges faced by the industry. High lead time is one of the major challenges. The reason for the high lead time are transportation issues, heavy weight, complexity and the unavailability of specialty alloys such as nickel superalloy and super duplex steel. Natural gas turbines generate carbon, which pollutes the environment of many countries and environmental regulation requiring upgrades of inefficient gas turbine power plants.

The study also focuses on the key drivers. Decline in prices of natural gas has resulted in an increase in the global installations of natural gas-fired power plant which need gas turbine to generate electricity. Natural gas is the main fuel source of gas turbine but other fuels can be used to run the gas turbine i.e. diesel fuel, methane, crude, biogas etc. This gives an opportunity to the customer to switch fuels.

The regional differentiation in market value of turbine size of gas turbine market requires a proper analysis of the regional markets so as to recognize and understand the opportunities available in each region with all size of turbine.

This unique report from Lucintel will provide you with valuable information, insights, and tools needed to identify new growth opportunities and operate your business successfully in this market. This report will save hundreds of hours of your own personal research time and will significantly benefit you in expanding your business in this market. In today’s stringent economy, you need every advantage that you can find.

Contents

1. EXECUTIVE SUMMARY

2. INDUSTRY BACKGROUND AND CHARACTERISTICS

2.1 Introduction to gas turbine
2.2 Advantages of gas turbine
2.3 Disadvantages of gas turbine
2.4 Working of gas turbine (combined cycle gas turbine)
2.6 Advantages of natural gas - major fuel of gas turbine in power industry
2.5 Recent developments in power plants
2.6 Supply chain analysis of gas turbine in power industry

3. GLOBAL GAS TURBINE MARKET 2012

3.1 Gas Turbine Market in Power Industry by Region in 2012
3.2 Global Gas Turbine Market in Power Industry by Turbine Size in 2012
3.3 Regional Gas Turbine Market in Power Industry by Turbine Size in 2012
3.4 Global Market Share of Gas Turbine Manufacturers: 2012
3.5 Key Players of Gas Turbine Market
3.6 Product Portfolio Analysis of Gas Turbine

4. GLOBAL GAS TURBINE MARKET IN POWER INDUSTRY TREND 2007- 2012

4.1 Global gas turbine market in power industry trend
4.2 Gas turbine market in power industry trend by region: 2007-2012
4.3 Global gas turbine market in power industry trend by turbine size: 2007-2012
4.4 Regional gas turbine trend by turbine size: 2007-2012
  4.4.1 North America gas turbine market trend by turbine size: 2007-2012
  4.4.2 European gas turbine market trend by turbine size: 2007-2012
  4.4.3 Asia Pacific gas turbine market trend by turbine size: 2007-2012
  4.4.4 ROW gas turbine market trend by turbine size: 2007-2012
4.5 Gas turbine in power industry profitability analysis
4.6 Cost structure for global gas turbine in power industry: 2007-2012

5. GLOBAL GAS TURBINE MARKET IN POWER INDUSTRY FORECAST 2013- 2018

5.1 Global gas turbine market in power industry forecast
5.2 Gas turbine market in power industry forecast by regions during 2013-2018
5.3 Global gas turbine forecast by turbine size during 2013-2018
5.4 Regional gas turbine forecast by turbine size: 2013-2018
  5.4.1 North American gas turbine market forecast by turbine size: 2013-2018
  5.4.2 European gas turbine market forecast by turbine size: 2013-2018
  5.4.3 Asia Pacific gas turbine market forecast by turbine size: 2013-2018
  5.4.4 ROW America gas turbine market forecast by turbine size: 2013-2018
5.5 Drivers and challenges for global gas turbine market in power industry
  5.5.1 Drivers for global gas turbine market in power industry
  5.5.2 Challenges for global gas turbine market in power industry

6. GROWTH OPPORTUNITIES AND EMERGING TRENDS IN GAS TURBINE MARKET IN POWER INDUSTRY

6.1 Growth opportunities in global gas turbine market in power industry
  6.1.1 Growth opportunities for gas turbine market in power industry by region
  6.1.2 Growth opportunities for gas turbine market in power industry by turbine size
6.2 Emerging trends in global gas turbine market in power industry
6.3 Unmet needs in gas turbine market in power industry

7. COMPANY PROFILES FOR LEADING PLAYERS

List Of Figures

LIST OF FIGURES

Chapter 1. Executive Summary
Figure 1.1: Porter’s Five Forces analysis for gas turbine in power industry
Chapter 2. Industry Background and Characteristics
Figure 2.1: Gas turbine power plant
Figure 2.2: GE heavy duty gas turbine
Figure 2.3: Components of gas turbine
Figure 2.4: Compressor of gas turbine
Figure 2.5: Combustor of gas turbine
Figure 2.6: Turbine of gas turbine
Figure 2.7: Shaft of gas turbine
Figure 2.8: Types of gas turbine in power industry
Figure 2.9: An open cycle unit diagram
Figure 2.10: A Proposed natural gas combined cycle power plant in New York
Figure 2.11: A Combined cycle unit diagram
Figure 2.12: Systematic process of electricity generation and distribution
Figure 2.13: Operation of combined cycle gas turbine of E.ON
Figure 2.14: A combined gas-fired unit working
Figure 2.15: Natural gas-fired power plant (currant creek) near Mona, Utah
Figure 2.16: Supply chain of gas turbine market in power industry
Chapter 3. Global Gas Turbine Market 2012
Figure 3.1: Gas turbine market in power industry in 2012 by region and value ($B)
Figure 3.2: Gas turbine market in power industry in 2012 by region and volume (GW)
Figure 3.3: Global gas turbine market in power industry ($B) by turbine size in 2012
Figure 3.4: Global gas turbine market in power industry (GW) by turbine size in 2012
Figure 3.5: Regional gas turbine market in power industry ($B) by turbine size
Figure 3.6: Global gas turbine manufacturers market share in 2012 ($B)
Chapter 4. Global Gas Turbine Market in Power Industry Trend 2007- 2012
Figure 4.1: Global gas turbine market in power industry trend 2007-2012 ($B)
Figure 4.2: Global gas turbine market in power industry trend 2007-2012 (GW)
Figure 4.3: Gas turbine market in power industry trend by region 2007-2012 ($B)
Figure 4.4: Gas turbine market in power industry trend by region 2007-2012 (GW)
Figure 4.5: Gas turbine market in power industry ($B) trend by turbine size 2007-2012
Figure 4.6: Gas turbine market in power industry (GW) trend by turbine size 2007-2012
Figure 4.7: North America gas turbine market ($B) trend by turbine size 2007-2012
Figure 4.8: North America gas turbine market (GW) trend by turbine size 2007-2012
Figure 4.9: European gas turbine market ($B) trend by turbine size 2007-2012
Figure 4.10: European gas turbine market (GW) trend by turbine size 2007-2012
Figure 4.11: Asia Pacific gas turbine market ($B) trend by turbine size 2007-2012
Figure 4.12: Asia Pacific gas turbine market (GW) trend by turbine size 2007-2012
Figure 4.13: ROW Gas turbine market ($B) trend by turbine size 2007-2012
Figure 4.14: ROW Gas turbine market (GW) trend by turbine size 2007-2012
Figure 4.15: Gas turbine profit margin 2007-2012 (%)
Figure 4.16: Cost structure of global gas turbine in power industry 2007-2012
Figure 4.17: Cost structure in North America global gas turbine in power industry 2007-2012
Figure 4.18: Cost structure in Europe global gas turbine in power industry 2007-2012
Figure 4.19: Cost structure in Asia pacific global gas turbine in power industry 2007-2012
Chapter 5. Global Gas Turbine Market in Power Industry Forecast 2013- 2018
Figure 5.1: Global gas turbine market in power industry forecast 2013-2018 ($B)
Figure 5.2: Global gas turbine market in power industry forecast 2013-2018 (GW)
Figure 5.3: Gas turbine market in power industry forecast by region 2013-2018 ($B)
Figure 5.4: Gas turbine market in power industry forecast by region 2013-2018 (GW)
Figure 5.5: Global gas turbine market in power industry by region in 2018 ($B)
Figure 5.6: Global gas turbine market in power industry by region in 2018 (GW)
Figure 5.7: Gas turbine market in power industry ($B) forecast by turbine size 2013-2018
Figure 5.8: Gas turbine market in power industry (GW) forecast by turbine size 2013-2018
Figure 5.9: Global gas turbine market in power industry (%) in 2018 by turbine size by value
Figure 5.10: Global gas turbine market in power industry (%) in 2018 by turbine size by volume
Figure 5.11: North America gas turbine market ($B) forecast by turbine size 2013-2018
Figure 5.12: North America gas turbine market (GW) forecast by turbine size 2013-2018
Figure 5.13: European gas turbine market ($B) forecast by turbine size 2013-2018
Figure 5.14: European gas turbine market (GW) forecast by turbine size 2013-2018
Figure 5.15: Asia Pacific gas turbine market ($B) forecast by turbine size 2013-2018
Figure 5.16: Asia Pacific gas turbine market (GW) forecast by turbine size 2013-2018
Figure 5.17: ROW gas turbine market ($B) forecast by turbine size 2013-2018
Figure 5.18: ROW gas turbine market (GW) forecast by turbine size 2013-2018
Figure 5.19: Drivers and challenges for gas turbine market in power industry
Chapter 6. Growth Opportunities and Emerging Trends in Gas Turbine Market in Power Industry
Figure 6.1: Growth opportunity for gas turbine market in power industry by region
Figure 6.2: Growth opportunity for gas turbine market in power industry by turbine size
Figure 6.3: Unmet needs in gas turbine market in power industry

List Of Tables

LIST OF TABLES

Chapter 1. Executive Summary
Table 1.1: Gas turbine market parameters and attributes
Chapter 2. Industry Background and Characteristics
Table 2.1: Development in gas turbine
Chapter 3. Global Gas Turbine Market 2012
Table 3.1: List of key players of gas turbine in power industry
Table 3.2: Product portfolio analysis of gas turbine
Chapter 4. Global Gas Turbine Market in Power Industry Trend 2007- 2012
Table 4.1: CAGR of gas turbine market in power industry by region 2007–2012 ($B)
Table 4.2: CAGR of gas turbine market in power industry by region 2007–2012 (GW)
Table 4.3: CAGR of gas turbine by turbine size 2007–2012 ($B)
Table 4.4: CAGR of North America gas turbine by turbine size 2007-2012 ($B)
Table 4.5: CAGR of North America gas turbine by turbine size 2007–2012 (GW)
Table 4.6: CAGR of European gas turbine by turbine size 2007–2012 ($B)
Table 4.7: CAGR of European gas turbine by turbine size 2007–2012 (GW)
Table 4.8: CAGR of Asia-Pacific gas turbine by turbine size 2007–2012 ($B)
Table 4.9: CAGR of Asia-Pacific gas turbine by turbine size 2007–2012 (GW)
Table 4.10: CAGR of ROW gas turbine by turbine size 2007–2012 ($B)
Table 4.11: CAGR of ROW gas turbine by turbine size 2007–2012 (GW)
Chapter 5. Global Gas Turbine Market in Power Industry Forecast 2013- 2018
Table 5.1: CAGR of gas turbine market in power industry by region 2013–2018 ($B)
Table 5.2: CAGR of gas turbine market in power industry by region 2013–2018 (GW)
Table 5.3: CAGR of gas turbine market in power industry by turbine size 2013–2018 ($B)
Table 5.4: CAGR of gas turbine market in power industry by turbine size 2013–2018 (GW)
Table 5.5: CAGR of North America gas turbine market forecast by turbine size 2013–2018 ($B)
Table 5.6: CAGR of North America gas turbine market forecast by turbine size 2013–2018 (GW)
Table 5.7: CAGR of European gas turbine market forecast by turbine size 2013–2018 ($B)
Table 5.8: CAGR of European gas turbine market forecast by turbine size 2013–2018 (GW)
Table 5.9: CAGR of Asia-Pacific gas turbine market forecast by turbine size 2013–2018 ($B)
Table 5.10: CAGR of Asia-Pacific gas turbine market forecast by turbine size 2013–2018 (GW)
Table 5.11: CAGR of ROW gas turbine market forecast by turbine size 2013–2018 ($B)
Table 5.12: CAGR of ROW gas turbine market forecast by turbine size 2013–2018 (GW)
Chapter 7. Company Profiles for Leading Players
Table 7.1: Contact details and revenue of general electric
Table 7.2: Contact details and revenue of Siemens
Table 7.3: Contact details and revenue of MHI
Table 7.4: Contact details and revenue of Alstom