The global gas turbine upgrades for performance enhancement market is expected to grow at a CAGR of 4.5% during the forecast period, from 2021 to 2030. The market is driven by the increasing demand for gas turbines in various applications such as aerospace and power generation. The growth of this market is also attributed to the increasing demand for gas turbine upgrades in order to improve their performance and efficiency. The comprehensive upgrade segment accounted for the largest share of this market in 2018, followed by hot section coating, compressor coating, and inlet air fogging segments respectively. The comprehensive upgrade segment was driven by its ability to enhance performance and efficiency of gas turbines without any major overhauls or modifications being required on them.
Some Of The Growth Factors Of This Market:
- The increasing demand for gas turbine upgrades for performance enhancement in the power generation industry is a major factor driving the growth of this market.
- The increasing need to reduce carbon emissions and increase efficiency in power generation is also driving the growth of this market.
- The growing need to replace old turbines with new ones is also a factor that will drive the growth of this market over the forecast period.
- Increasing investments by governments and private companies in renewable energy sources such as wind, solar, hydroelectricity, and biomass are expected to drive demand for gas turbine upgrades for performance enhancement over the forecast period.
- Increasing investments by governments and private companies in nuclear power plants are expected to drive demand for gas turbine upgrades for performance enhancement over the forecast period.
Industry Growth Insights published a new data on “Gas Turbine Upgrades For Performance Enhancement Market”. The research report is titled “Gas Turbine Upgrades For Performance Enhancement Market research by Types (Comprehensive Upgrade, Hot Section Coating, Compressor Coating, Inlet Air Fogging), By Applications (Aerospace, Power), By Players/Companies GE, MHI, Siemens, Stellar Energy, Mee Industries, ENRGISTX, Araner, Integrated Turbine Systems, Centrax, Dresser-Rand, B&B-AGEMA”.
Scope Of The Report
Report Attributes
Report Details
Report Title
Gas Turbine Upgrades For Performance Enhancement Market Research Report
By Type
Comprehensive Upgrade, Hot Section Coating, Compressor Coating, Inlet Air Fogging
By Application
Aerospace, Power
By Companies
GE, MHI, Siemens, Stellar Energy, Mee Industries, ENRGISTX, Araner, Integrated Turbine Systems, Centrax, Dresser-Rand, B&B-AGEMA
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
234
Number of Tables & Figures
164
Customization Available
Yes, the report can be customized as per your need.
Global Gas Turbine Upgrades For Performance Enhancement Market Report Segments:
The global Gas Turbine Upgrades For Performance Enhancement market is segmented on the basis of:
Types
Comprehensive Upgrade, Hot Section Coating, Compressor Coating, Inlet Air Fogging
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
Aerospace, Power
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
- MHI
- Siemens
- Stellar Energy
- Mee Industries
- ENRGISTX
- Araner
- Integrated Turbine Systems
- Centrax
- Dresser-Rand
- B&B-AGEMA
Highlights of The Gas Turbine Upgrades For Performance Enhancement 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:
- Comprehensive Upgrade
- Hot Section Coating
- Compressor Coating
- Inlet Air Fogging
- By Application:
- Aerospace
- Power
- 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 Upgrades For Performance Enhancement 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.
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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?
Gas turbine upgrades for performance enhancement are typically focused on increasing the power output of the engine. This can be done by increasing the amount of fuel that is burned, improving air flow through the engine, or by modifying other components of the gas turbine system.
Some of the key players operating in the gas turbine upgrades for performance enhancement market are GE, MHI, Siemens, Stellar Energy, Mee Industries, ENRGISTX, Araner, Integrated Turbine Systems, Centrax, Dresser-Rand, B&B-AGEMA.
The gas turbine upgrades for performance enhancement market is expected to register a CAGR of 4.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market - Supply Chain
4.5. Global Gas Turbine Upgrades For Performance Enhancement Market Forecast
4.5.1. Gas Turbine Upgrades For Performance Enhancement Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Gas Turbine Upgrades For Performance Enhancement Market Size (000 Units) and Y-o-Y Growth
4.5.3. Gas Turbine Upgrades For Performance Enhancement Market Absolute $ Opportunity
5. Global Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Type
5.3.1. Comprehensive Upgrade
5.3.2. Hot Section Coating
5.3.3. Compressor Coating
5.3.4. Inlet Air Fogging
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Application
6.3.1. Aerospace
6.3.2. Power
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Demand Share Forecast, 2019-2029
9. North America Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Application
9.4.1. Aerospace
9.4.2. Power
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Gas Turbine Upgrades For Performance Enhancement Market Size and Volume Forecast by Type
9.7.1. Comprehensive Upgrade
9.7.2. Hot Section Coating
9.7.3. Compressor Coating
9.7.4. Inlet Air Fogging
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 Upgrades For Performance Enhancement Demand Share Forecast, 2019-2029
10. Latin America Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Application
10.4.1. Aerospace
10.4.2. Power
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Gas Turbine Upgrades For Performance Enhancement Market Size and Volume Forecast by Type
10.7.1. Comprehensive Upgrade
10.7.2. Hot Section Coating
10.7.3. Compressor Coating
10.7.4. Inlet Air Fogging
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 Upgrades For Performance Enhancement Demand Share Forecast, 2019-2029
11. Europe Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Application
11.4.1. Aerospace
11.4.2. Power
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Gas Turbine Upgrades For Performance Enhancement Market Size and Volume Forecast by Type
11.7.1. Comprehensive Upgrade
11.7.2. Hot Section Coating
11.7.3. Compressor Coating
11.7.4. Inlet Air Fogging
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 Upgrades For Performance Enhancement Demand Share, 2019-2029
12. Asia Pacific Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Application
12.4.1. Aerospace
12.4.2. Power
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Gas Turbine Upgrades For Performance Enhancement Market Size and Volume Forecast by Type
12.7.1. Comprehensive Upgrade
12.7.2. Hot Section Coating
12.7.3. Compressor Coating
12.7.4. Inlet Air Fogging
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 Upgrades For Performance Enhancement Demand Share, 2019-2029
13. Middle East & Africa Gas Turbine Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement 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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Application
13.4.1. Aerospace
13.4.2. Power
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 Upgrades For Performance Enhancement Market Size and Volume Forecast by Type
13.7.1. Comprehensive Upgrade
13.7.2. Hot Section Coating
13.7.3. Compressor Coating
13.7.4. Inlet Air Fogging
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 Upgrades For Performance Enhancement Demand Share, 2019-2029
14. Competition Landscape
14.1. Global Gas Turbine Upgrades For Performance Enhancement Market: Market Share Analysis
14.2. Gas Turbine Upgrades For Performance Enhancement Distributors and Customers
14.3. Gas Turbine Upgrades For Performance Enhancement Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. GE
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. MHI
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. Siemens
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Stellar Energy
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Mee 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. ENRGISTX
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Araner
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Integrated Turbine Systems
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Centrax
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. Dresser-Rand
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. B&B-AGEMA
14.4.11.1. Overview
14.4.11.2. Financials
14.4.11.3. Developments
14.4.11.4. Strategic Outlook
14.4.12. COMPANY 12
14.4.12.1. Overview
14.4.12.2. Financials
14.4.12.3. Developments
14.4.12.4. Strategic Outlook
14.4.13. COMPANY 13
14.4.13.1. Overview
14.4.13.2. Financials
14.4.13.3. Developments
14.4.13.4. Strategic Outlook
14.4.14. COMPANY 14
14.4.14.1. Overview
14.4.14.2. Financials
14.4.14.3. Developments
14.4.14.4. Strategic Outlook
14.4.15. COMPANY 15
14.4.15.1. Overview
14.4.15.2. Financials
14.4.15.3. Developments
14.4.15.4. Strategic Outlook
14.4.16. COMPANY 16
14.4.16.1. Overview
14.4.16.2. Financials
14.4.16.3. Developments
14.4.16.4. Strategic Outlook
14.4.17. COMPANY 17
14.4.17.1. Overview
14.4.17.2. Financials
14.4.17.3. Developments
14.4.17.4. Strategic Outlook
14.4.18. COMPANY 18
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