The global gas turbine driven generators market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The growth of this market can be attributed to the increasing demand for power generation in emerging economies such as India and China. The increasing demand for power generation is due to the rapid industrialization and urbanization in these countries, which has led to an increase in electricity consumption. In addition, the growing need for uninterrupted power supply has also contributed towards the growth of this market.
The global gas turbine driven generators market is segmented on the basis of type into power rated 1-2 MW, 2-10 MW and more than 10 MW; by application into oil & gas industry, petroleum industry, pharmaceutical industry and food industry; and by region into North America (NA), Latin America (LA), Europe (EU), Asia Pacific (APAC) and Middle East & Africa (MEA).
Some Of The Growth Factors Of This Market:
- The increasing demand for electricity in developing countries is driving the growth of the gas turbine driven generators market.
- The increasing need for power generation in remote areas is also driving the growth of this market.
- The growing need to reduce carbon emissions and increase efficiency is also driving the growth of this market.
- Increasing investments by governments and private companies in renewable energy sources such as wind, solar, hydroelectricity, and biomass are also driving the growth of this market.
- Increasing investments by governments and private companies in nuclear power plants are also driving the growth of this market.
Industry Growth Insights published a new data on “Gas Turbine Driven Generators Market”. The research report is titled “Gas Turbine Driven Generators Market research by Types (Power Rated 1.00 to 2.00 MW, Power Rated 2.00 to 10.00 MW, Power Rated More Than 10 MW), By Applications (Oil & Gas, Petroleum Industry, Pharmaceutical Industry, Food Industry, Others), By Players/Companies GE Power Conversion, Siemens, Toshiba, Elliott, Mitsubishi Heavy Industries, Dresser-Rand, WEG(EM), Hitachi, ABB, Regal Beloit(Marathon), CAT, TMEIC Corporation, Koncar, SEC Electric, Franklin Electric, Harbin Electric, LanZhou Electric, ShangHai Electric”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Turbine Driven Generators Market Research Report
By Type
Power Rated 1.00 to 2.00 MW, Power Rated 2.00 to 10.00 MW, Power Rated More Than 10 MW
By Application
Oil & Gas, Petroleum Industry, Pharmaceutical Industry, Food Industry, Others
By Companies
GE Power Conversion, Siemens, Toshiba, Elliott, Mitsubishi Heavy Industries, Dresser-Rand, WEG(EM), Hitachi, ABB, Regal Beloit(Marathon), CAT, TMEIC Corporation, Koncar, SEC Electric, Franklin Electric, Harbin Electric, LanZhou Electric, ShangHai Electric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
248
Number of Tables & Figures
174
Customization Available
Yes, the report can be customized as per your need.
Global Gas Turbine Driven Generators Market Report Segments:
The global Gas Turbine Driven Generators market is segmented on the basis of:
Types
Power Rated 1.00 to 2.00 MW, Power Rated 2.00 to 10.00 MW, Power Rated More Than 10 MW
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Oil & Gas, Petroleum Industry, Pharmaceutical Industry, Food Industry, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- GE Power Conversion
- Siemens
- Toshiba
- Elliott
- Mitsubishi Heavy Industries
- Dresser-Rand
- WEG(EM)
- Hitachi
- ABB
- Regal Beloit(Marathon)
- CAT
- TMEIC Corporation
- Koncar
- SEC Electric
- Franklin Electric
- Harbin Electric
- LanZhou Electric
- ShangHai Electric
Highlights of The Gas Turbine Driven Generators Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Power Rated 1.00 to 2.00 MW
- Power Rated 2.00 to 10.00 MW
- Power Rated More Than 10 MW
- By Application:
- Oil & Gas
- Petroleum Industry
- Pharmaceutical Industry
- Food Industry
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Gas Turbine Driven Generators Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A gas turbine driven generator is a type of generator that uses the power of combustion gases from an engine to turn an electric motor. The combustion gases are burned in the engine, producing heat and energy that is then used to spin a shaft which powers the electric motor.
Some of the major companies in the gas turbine driven generators market are GE Power Conversion, Siemens, Toshiba, Elliott, Mitsubishi Heavy Industries, Dresser-Rand, WEG(EM), Hitachi, ABB, Regal Beloit(Marathon), CAT, TMEIC Corporation, Koncar, SEC Electric, Franklin Electric, Harbin Electric, LanZhou Electric, ShangHai Electric.
The gas turbine driven generators market is expected to grow at a compound annual growth rate of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gas Turbine Driven Generators Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Gas Turbine Driven Generators Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Gas Turbine Driven Generators Market - Supply Chain
4.5. Global Gas Turbine Driven Generators Market Forecast
4.5.1. Gas Turbine Driven Generators Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gas Turbine Driven Generators Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gas Turbine Driven Generators Market Absolute $ Opportunity
5. Global Gas Turbine Driven Generators Market Analysis and Forecast by Type
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Type
5.2.2. Y-o-Y Growth Projections by Type
5.3. Gas Turbine Driven Generators Market Size and Volume Forecast by Type
5.3.1. Power Rated 1.00 to 2.00 MW
5.3.2. Power Rated 2.00 to 10.00 MW
5.3.3. Power Rated More Than 10 MW
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gas Turbine Driven Generators Market Analysis and Forecast by Application
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Application
6.2.2. Y-o-Y Growth Projections by Application
6.3. Gas Turbine Driven Generators Market Size and Volume Forecast by Application
6.3.1. Oil & Gas
6.3.2. Petroleum Industry
6.3.3. Pharmaceutical Industry
6.3.4. Food Industry
6.3.5. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gas Turbine Driven Generators Market Analysis and Forecast by Sales Channel
7.1. Market Trends
7.2. Introduction
7.2.1. Basis Point Share (BPS) Analysis by Sales Channel
7.2.2. Y-o-Y Growth Projections by Sales Channel
7.3. Gas Turbine Driven Generators Market Size and Volume Forecast by Sales Channel
7.3.1. Manufacturer/Distributor/Service Provider
7.3.2. Aftermarket
7.4. Absolute $ Opportunity Assessment by Sales Channel
7.5. Market Attractiveness/Growth Potential Analysis by Sales Channel
8. Global Gas Turbine Driven Generators Market Analysis and Forecast by Region
8.1. Market Trends
8.2. Introduction
8.2.1. Basis Point Share (BPS) Analysis by Region
8.2.2. Y-o-Y Growth Projections by Region
8.3. Gas Turbine Driven Generators Market Size and Volume Forecast by Region
8.3.1. North America
8.3.2. Latin America
8.3.3. Europe
8.3.4. Asia Pacific
8.3.5. Middle East and Africa (MEA)
8.4. Absolute $ Opportunity Assessment by Region
8.5. Market Attractiveness/Growth Potential Analysis by Region
8.6. Global Gas Turbine Driven Generators Demand Share Forecast, 2019-2026
9. North America Gas Turbine Driven Generators Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.2. North America Gas Turbine Driven Generators Market Size and Volume Forecast by Country
9.2.1. U.S.
9.2.2. Canada
9.3. Absolute $ Opportunity Assessment by Country
9.4. North America Gas Turbine Driven Generators Market Size and Volume Forecast by Application
9.4.1. Oil & Gas
9.4.2. Petroleum Industry
9.4.3. Pharmaceutical Industry
9.4.4. Food Industry
9.4.5. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gas Turbine Driven Generators Market Size and Volume Forecast by Type
9.7.1. Power Rated 1.00 to 2.00 MW
9.7.2. Power Rated 2.00 to 10.00 MW
9.7.3. Power Rated More Than 10 MW
9.8. Basis Point Share (BPS) Analysis by Type
9.9. Y-o-Y Growth Projections by Type
9.10. Market Attractiveness/Growth Potential Analysis
9.10.1. By Country
9.10.2. By Product Type
9.10.3. By Application
9.10.4. By Sales Channel
9.11. North America Gas Turbine Driven Generators Demand Share Forecast, 2019-2026
10. Latin America Gas Turbine Driven Generators Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Latin America Average Pricing Analysis
10.2. Latin America Gas Turbine Driven Generators Market Size and Volume Forecast by Country
10.2.1. Brazil
10.2.2. Mexico
10.2.3. Rest of Latin America
10.3. Absolute $ Opportunity Assessment by Country
10.4. Latin America Gas Turbine Driven Generators Market Size and Volume Forecast by Application
10.4.1. Oil & Gas
10.4.2. Petroleum Industry
10.4.3. Pharmaceutical Industry
10.4.4. Food Industry
10.4.5. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gas Turbine Driven Generators Market Size and Volume Forecast by Type
10.7.1. Power Rated 1.00 to 2.00 MW
10.7.2. Power Rated 2.00 to 10.00 MW
10.7.3. Power Rated More Than 10 MW
10.8. Basis Point Share (BPS) Analysis by Type
10.9. Y-o-Y Growth Projections by Type
10.10. Market Attractiveness/Growth Potential Analysis
10.10.1. By Country
10.10.2. By Product Type
10.10.3. By Application
10.10.4. By Sales Channel
10.11. Latin America Gas Turbine Driven Generators Demand Share Forecast, 2019-2026
11. Europe Gas Turbine Driven Generators Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Europe Average Pricing Analysis
11.2. Europe Gas Turbine Driven Generators Market Size and Volume Forecast by Country
11.2.1. Germany
11.2.2. France
11.2.3. Italy
11.2.4. U.K.
11.2.5. Spain
11.2.6. Russia
11.2.7. Rest of Europe
11.3. Absolute $ Opportunity Assessment by Country
11.4. Europe Gas Turbine Driven Generators Market Size and Volume Forecast by Application
11.4.1. Oil & Gas
11.4.2. Petroleum Industry
11.4.3. Pharmaceutical Industry
11.4.4. Food Industry
11.4.5. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gas Turbine Driven Generators Market Size and Volume Forecast by Type
11.7.1. Power Rated 1.00 to 2.00MW
11.7.2. Power Rated 2.00 to 10.00 MW
11.7.3. Power Rated More Than 10 MW
11.8. Basis Point Share (BPS) Analysis by Type
11.9. Y-o-Y Growth Projections by Type
11.10. Market Attractiveness/Growth Potential Analysis
11.10.1. By Country
11.10.2. By Product Type
11.10.3. By Application
11.10.4. By Sales Channel
11.11. Europe Gas Turbine Driven Generators Demand Share, 2019-2026
12. Asia Pacific Gas Turbine Driven Generators Market Analysis and Forecast
12.1. Introduction
12.1.1. Basis Point Share (BPS) Analysis by Country
12.1.2. Y-o-Y Growth Projections by Country
12.1.3. Asia Pacific Average Pricing Analysis
12.2. Asia Pacific Gas Turbine Driven Generators Market Size and Volume Forecast by Country
12.2.1. China
12.2.2. Japan
12.2.3. South Korea
12.2.4. India
12.2.5. Australia
12.2.6. Rest of Asia Pacific (APAC)
12.3. Absolute $ Opportunity Assessment by Country
12.4. Asia Pacific Gas Turbine Driven Generators Market Size and Volume Forecast by Application
12.4.1. Oil & Gas
12.4.2. Petroleum Industry
12.4.3. Pharmaceutical Industry
12.4.4. Food Industry
12.4.5. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gas Turbine Driven Generators Market Size and Volume Forecast by Type
12.7.1. Power Rated 1.00 to 2.00 MW
12.7.2. Power Rated 2.00 to 10.00 MW
12.7.3. Power Rated More Than 10 MW
12.8. Basis Point Share (BPS) Analysis by Type
12.9. Y-o-Y Growth Projections by Type
12.10. Market Attractiveness/Growth Potential Analysis
12.10.1. By Country
12.10.2. By Product Type
12.10.3. By Application
12.10.4. By Sales Channel
12.11. Asia Pacific Gas Turbine Driven Generators Demand Share, 2019-2026
13. Middle East & Africa Gas Turbine Driven Generators Market Analysis and Forecast
13.1. Introduction
13.1.1. Basis Point Share (BPS) Analysis by Country
13.1.2. Y-o-Y Growth Projections by Country
13.1.3. Asia Pacific Average Pricing Analysis
13.2. Middle East & Africa Gas Turbine Driven Generators Market Size and Volume Forecast by Country
13.2.1. Saudi Arabia
13.2.2. South Africa
13.2.3. UAE
13.2.4. Rest of Middle East & Africa (MEA)
13.3. Absolute $ Opportunity Assessment by Country
13.4. Middle East & Africa Gas Turbine Driven Generators Market Size and Volume Forecast by Application
13.4.1. Oil & Gas
13.4.2. Petroleum Industry
13.4.3. Pharmaceutical Industry
13.4.4. Food Industry
13.4.5. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Gas Turbine Driven Generators Market Size and Volume Forecast by Type
13.7.1. Power Rated 1.00 to 2.00 MW
13.7.2. Power Rated 2.00 to 10.00 MW
13.7.3. Power Rated More Than 10 MW
13.8. Basis Point Share (BPS) Analysis by Type
13.9. Y-o-Y Growth Projections by Type
13.10. Market Attractiveness/Growth Potential Analysis
13.10.1. By Country
13.10.2. By Product Type
13.10.3. By Application
13.10.4. By Sales Channel
13.11. Middle East & Africa Gas Turbine Driven Generators Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Gas Turbine Driven Generators Market: Market Share Analysis
14.2. Gas Turbine Driven Generators Distributors and Customers
14.3. Gas Turbine Driven Generators Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE Power Conversion
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Siemens
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Toshiba
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Elliott
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mitsubishi Heavy Industries
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Dresser-Rand
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. WEG(EM)
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Hitachi
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. ABB
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Regal Beloit(Marathon)
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. CAT
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. TMEIC Corporation
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. Koncar
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. SEC Electric
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. Franklin Electric
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. Harbin Electric
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. LanZhou Electric
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. ShangHai Electric
14.4.18.1. Overview
14.4.18.2. Financials
14.4.18.3. Developments
14.4.18.4. Strategic Outlook
14.4.19. COMPANY 19
14.4.19.1. Overview
14.4.19.2. Financials
14.4.19.3. Developments
14.4.19.4. Strategic Outlook
14.4.20. COMPANY 20
14.4.20.1. Overview
14.4.20.2. Financials
14.4.20.3. Developments
14.4.20.4. Strategic Outlook
