Market Overview:
The global industrial gas turbine blades and vanes market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for gas turbines from the industrial sector, rising concerns over energy security, and growing investments in renewable energy sources. Based on type, the global industrial gas turbine blades and vanes market can be segmented into horizontal laminar flow clean bench and vertical laminar flow clean bench. The horizontal laminar flow clean bench segment is expected to account for a larger share of the market than the vertical laminar flow clean bench segment during the forecast period. This can be attributed to its ability to provide high levels of contamination control across a wide range of applications such as medical, pharmaceuticals, electronics, and others. Based on application, the global industrial gas turbine blades and vanes market can be divided into medical sector, pharmaceutical sector, electronic sector,,industrial sectors,, laboratory research,,and others segments .
Product Definition:
Industrial gas turbines are used to generate electricity or produce mechanical power. The blades and vanes in the turbine are important because they help the gas flow through the turbine, which then creates power.
Horizontal Laminar Flow Clean Bench:
Horizontal laminar flow clean bench is a device used to clean the gas turbine blades and vanes in horizontal laminar flow. The purpose of this device is to separate the solid particles from the gas stream without creating any turbulence. Horizontal laminar flow can be described as a steady state or periodic motion with no significant changes in pressure, temperature, and composition.
Vertical Laminar Flow Clean Bench:
Vertical Laminar Flow (VLV) Clean Bench is used in the lamination of industrial gas turbine blades and vanes. The VLV clean bench consists of a series of rollers, which are mounted vertically on a frame. As air passes through the gas turbine, impurities get attached to the surface of the roller due to which it has been named as vertical laminar flow clean bench.
Application Insights:
The industrial sectors including food and beverage, chemical, paper and pulp, mining, power generation, oil and gas refineries are the major consumers of gas turbine blades. The application areas in these industries include medium to large size turbines with a capacity ranging from 5 MW to over 300 MW. These applications require a high level of cleanliness for producing energy which is driving the demand for GITBs.
The medical sector was one of the early adopters of GITB technology due to its ability to produce precise amounts of electricity as well as being cost-effective than other forms such as solar or wind energy. Increasing use in hospitals along with rising healthcare costs is anticipated to drive this segment over the forecast period thereby contributing towards market growth across regions globally.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has been witnessing strong economic growth on account of increasing foreign investments coupled with rising industrial activities. China, India, Japan, South Korea and Taiwan are some of the major economies that have been experiencing strong economic growth over the past few years.
The growing population in these countries along with rising living standards have spurred consumer electronics production which subsequently led to an increased demand for gas turbines blades and vanes across Asia Pacific as they are used extensively in power generation applications for producing electricity from waste gases such as hydrogen gas or carbon dioxide at a low cost.
Europe was another prominent regional segment occupying a significant share owing to high consumption rates across various application sectors including medical & pharmaceuticals, electronic manufacturing etc.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization in developing countries
- Stringent environmental regulations for power plants that use traditional fuels such as coal
- Development of new gas turbine technologies that are more efficient and have lower emissions
- Growing demand for renewable energy sources, such as wind and solar, which need backup power from gas turbines
- Replacement of aging infrastructure in developed countries
Scope Of The Report
Report Attributes
Report Details
Report Title
Industrial Gas Turbine Blades and Vanes Market Research Report
By Type
Horizontal Laminar Flow Clean Bench, Vertical Laminar Flow Clean Bench
By Application
Medical, Pharmaceutical, Electronic, Industrial Sectors, Laboratory Research, Others
By Companies
Esco, Jinan Biobase Biotech, Thermo Fisher Scientific, AirClean, Lamsystems, Allentown, Eagle Group, Air Science, Faster (Dasit), EuroClone S.p.A., Cleatech, Labconco, NuAire, Bigneat, Germfree, Monmouth Scientific, Angelantoni Life Science
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
172
Number of Tables & Figures
121
Customization Available
Yes, the report can be customized as per your need.
Global Industrial Gas Turbine Blades and Vanes Market Report Segments:
The global Industrial Gas Turbine Blades and Vanes market is segmented on the basis of:
Types
Horizontal Laminar Flow Clean Bench, Vertical Laminar Flow Clean Bench
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
Medical, Pharmaceutical, Electronic, Industrial Sectors, Laboratory Research, 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:
- Esco
- Jinan Biobase Biotech
- Thermo Fisher Scientific
- AirClean
- Lamsystems
- Allentown
- Eagle Group
- Air Science
- Faster (Dasit)
- EuroClone S.p.A.
- Cleatech
- Labconco
- NuAire
- Bigneat
- Germfree
- Monmouth Scientific
- Angelantoni Life Science
Highlights of The Industrial Gas Turbine Blades and Vanes 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:
- Horizontal Laminar Flow Clean Bench
- Vertical Laminar Flow Clean Bench
- By Application:
- Medical
- Pharmaceutical
- Electronic
- Industrial Sectors
- Laboratory Research
- 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 Industrial Gas Turbine Blades and Vanes 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
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- Product & Brand Management
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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?
Industrial gas turbine blades and vanes are used in gas turbines to convert the energy from a combustion engine into rotational motion.
Some of the key players operating in the industrial gas turbine blades and vanes market are Esco, Jinan Biobase Biotech, Thermo Fisher Scientific, AirClean, Lamsystems, Allentown, Eagle Group, Air Science, Faster (Dasit), EuroClone S.p.A., Cleatech, Labconco, NuAire, Bigneat, Germfree, Monmouth Scientific, Angelantoni Life Science.
The industrial gas turbine blades and vanes market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Industrial Gas Turbine Blades and Vanes Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Industrial Gas Turbine Blades and Vanes Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Industrial Gas Turbine Blades and Vanes Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Industrial Gas Turbine Blades and Vanes Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Industrial Gas Turbine Blades and Vanes Market Size & Forecast, 2020-2028
4.5.1 Industrial Gas Turbine Blades and Vanes Market Size and Y-o-Y Growth
4.5.2 Industrial Gas Turbine Blades and Vanes Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Horizontal Laminar Flow Clean Bench
5.2.2 Vertical Laminar Flow Clean Bench
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Medical
6.2.2 Pharmaceutical
6.2.3 Electronic
6.2.4 Industrial Sectors
6.2.5 Laboratory Research
6.2.6 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Industrial Gas Turbine Blades and Vanes Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Industrial Gas Turbine Blades and Vanes Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Horizontal Laminar Flow Clean Bench
9.6.2 Vertical Laminar Flow Clean Bench
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Medical
9.10.2 Pharmaceutical
9.10.3 Electronic
9.10.4 Industrial Sectors
9.10.5 Laboratory Research
9.10.6 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Horizontal Laminar Flow Clean Bench
10.6.2 Vertical Laminar Flow Clean Bench
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Medical
10.10.2 Pharmaceutical
10.10.3 Electronic
10.10.4 Industrial Sectors
10.10.5 Laboratory Research
10.10.6 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Horizontal Laminar Flow Clean Bench
11.6.2 Vertical Laminar Flow Clean Bench
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Medical
11.10.2 Pharmaceutical
11.10.3 Electronic
11.10.4 Industrial Sectors
11.10.5 Laboratory Research
11.10.6 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Horizontal Laminar Flow Clean Bench
12.6.2 Vertical Laminar Flow Clean Bench
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Medical
12.10.2 Pharmaceutical
12.10.3 Electronic
12.10.4 Industrial Sectors
12.10.5 Laboratory Research
12.10.6 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size 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 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Horizontal Laminar Flow Clean Bench
13.6.2 Vertical Laminar Flow Clean Bench
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Medical
13.10.2 Pharmaceutical
13.10.3 Electronic
13.10.4 Industrial Sectors
13.10.5 Laboratory Research
13.10.6 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Industrial Gas Turbine Blades and Vanes Market: Competitive Dashboard
14.2 Global Industrial Gas Turbine Blades and Vanes Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Esco
14.3.2 Jinan Biobase Biotech
14.3.3 Thermo Fisher Scientific
14.3.4 AirClean
14.3.5 Lamsystems
14.3.6 Allentown
14.3.7 Eagle Group
14.3.8 Air Science
14.3.9 Faster (Dasit)
14.3.10 EuroClone S.p.A.
14.3.11 Cleatech
14.3.12 Labconco
14.3.13 NuAire
14.3.14 Bigneat
14.3.15 Germfree
14.3.16 Monmouth Scientific
14.3.17 Angelantoni Life Science
