Market Overview:
The global turbine inlet cooling system market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing demand for electricity and rising concerns over climate change. The market is segmented on the basis of type, application, and region. On the basis of type, the global turbine inlet cooling system market is segmented into inlet fogging, chiller system, evaporative cooling, and others. In terms of application, the market is divided into CT plant industry and others. Geographically speaking, North America leads the global turbine inlet cooling system with a share of 38%, followed by Europe with 28%. Asia Pacific holds third place with a share of 23%. Latin America has 4% share while Middle East & Africa has 7%.
Product Definition:
The turbine inlet cooling system is a component of the gas turbine engine that helps maintain the temperature of the air entering the engine. The air is cooled by spraying it with water, which reduces its temperature and increases its density. This makes it possible for the engine to produce more power while using less fuel.
Inlet Fogging:
Inlet fogging is a process in which water or some other fluid is injected into the combustion chamber of a gas turbine to cool the air before it passes through the blades. The fluid acts as an insulator and prevents hot gases from expanding, cooling down and entering into liquid state. Inlet Fogging system works on similar principal but instead of using water or any other fluids it uses oil.
Chiller System:
The chiller system is used to cool the turbine exhaust gases at low temperatures. The cooling effect minimizes the formation of condensation and thus avoids any damage to the blades due to water droplets. It also helps in maintaining optimum efficiency of turbines, thereby reducing maintenance costs.
Application Insights:
The others application segment includes power plants, chemical processing facilities and petrochemical units. The demand for turbine inlet cooling systems is expected to witness a growth owing to the expansion of power generation capacity at various sites across the world. In addition, increasing use of gas turbines as an alternative source of energy has resulted in increased demand over the recent past.
The CT plant segment accounted for a significant share within the global market owing to its usage at numerous coal-fired power plants across China and India along with other countries such as South Africa and Indonesia that have yet to make any substantial progress towards adopting cleaner sources of energy due to political reasons or otherwise known as Lack Of Political Will (LOW).
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to the presence of large nuclear power plants in countries, such as China and India. In addition, increasing investments in nuclear power plant construction by countries such as South Korea and Japan are driving the demand for turbine inlet cooling systems over the forecast period.
The Middle East & Africa is anticipated to witness significant growth over the next eight years owing to an increase in electricity demand due rising population coupled with rapid economic development across several Middle Eastern countries including UAE, Saudi Arabia, and Egypt among others. Moreover, ongoing projects related expansion of oil & gas facilities are likely boost product demand over this period.
Growth Factors:
- Increasing demand for electricity due to population growth and industrialization
- Stringent environmental regulations for power plants
- Development of new technologies and products that can improve the performance of turbine inlet cooling systems
- Growing demand from emerging markets such as China and India
- Expansion of the global installed base of gas-fired power plants
Scope Of The Report
Report Attributes
Report Details
Report Title
Turbine Inlet Cooling System Market Research Report
By Type
Inlet Fogging, Chiller System, Evaporative Cooling, Others
By Application
CT Plant, Industrial, Others
By Companies
Johnson Controls, Mee Industries, TAS Turbine Inlet Chilling, Mitsubishi Heavy Industries, Güntner, Stellar Energy, Caldwell Energy, Camfil, Donaldson, ARANER
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
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Turbine Inlet Cooling System Market Report Segments:
The global Turbine Inlet Cooling System market is segmented on the basis of:
Types
Inlet Fogging, Chiller System, Evaporative Cooling, Others
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
CT Plant, Industrial, 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:
- Johnson Controls
- Mee Industries
- TAS Turbine Inlet Chilling
- Mitsubishi Heavy Industries
- Güntner
- Stellar Energy
- Caldwell Energy
- Camfil
- Donaldson
- ARANER
Highlights of The Turbine Inlet Cooling System 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:
- Inlet Fogging
- Chiller System
- Evaporative Cooling
- Others
- By Application:
- CT Plant
- Industrial
- 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 Turbine Inlet Cooling System 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?
A turbine inlet cooling system is a component of an aircraft engine that helps to keep the engine running at its optimum temperature. This system uses water or other fluids to transfer heat away from the engine, and it typically consists of a number of tubes and fans.
Some of the key players operating in the turbine inlet cooling system market are Johnson Controls, Mee Industries, TAS Turbine Inlet Chilling, Mitsubishi Heavy Industries, GƒÂ¼ntner, Stellar Energy, Caldwell Energy, Camfil, Donaldson, ARANER.
The turbine inlet cooling system market is expected to grow at a compound annual growth rate of 5.5%.
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Turbine Inlet Cooling System 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. Turbine Inlet Cooling System Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Turbine Inlet Cooling System Market - Supply Chain
4.5. Global Turbine Inlet Cooling System Market Forecast
4.5.1. Turbine Inlet Cooling System Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Turbine Inlet Cooling System Market Size (000 Units) and Y-o-Y Growth
4.5.3. Turbine Inlet Cooling System Market Absolute $ Opportunity
5. Global Turbine Inlet Cooling System 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. Turbine Inlet Cooling System Market Size and Volume Forecast by Type
5.3.1. Inlet Fogging
5.3.2. Chiller System
5.3.3. Evaporative Cooling
5.3.4. Others
5.4. Absolute $ Opportunity Assessment by Type
5.5. Market Attractiveness/Growth Potential Analysis by Type
6. Global Turbine Inlet Cooling System 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. Turbine Inlet Cooling System Market Size and Volume Forecast by Application
6.3.1. CT Plant
6.3.2. Industrial
6.3.3. Others
6.4. Absolute $ Opportunity Assessment by Application
6.5. Market Attractiveness/Growth Potential Analysis by Application
7. Global Turbine Inlet Cooling System 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. Turbine Inlet Cooling System 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 Turbine Inlet Cooling System 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. Turbine Inlet Cooling System 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 Turbine Inlet Cooling System Demand Share Forecast, 2019-2026
9. North America Turbine Inlet Cooling System 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 Turbine Inlet Cooling System 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 Turbine Inlet Cooling System Market Size and Volume Forecast by Application
9.4.1. CT Plant
9.4.2. Industrial
9.4.3. Others
9.5. Basis Point Share (BPS) Analysis by Application
9.6. Y-o-Y Growth Projections by Application
9.7. North America Turbine Inlet Cooling System Market Size and Volume Forecast by Type
9.7.1. Inlet Fogging
9.7.2. Chiller System
9.7.3. Evaporative Cooling
9.7.4. Others
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 Turbine Inlet Cooling System Demand Share Forecast, 2019-2026
10. Latin America Turbine Inlet Cooling System 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 Turbine Inlet Cooling System 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 Turbine Inlet Cooling System Market Size and Volume Forecast by Application
10.4.1. CT Plant
10.4.2. Industrial
10.4.3. Others
10.5. Basis Point Share (BPS) Analysis by Application
10.6. Y-o-Y Growth Projections by Application
10.7. Latin America Turbine Inlet Cooling System Market Size and Volume Forecast by Type
10.7.1. Inlet Fogging
10.7.2. Chiller System
10.7.3. Evaporative Cooling
10.7.4. Others
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 Turbine Inlet Cooling System Demand Share Forecast, 2019-2026
11. Europe Turbine Inlet Cooling System 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 Turbine Inlet Cooling System 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 Turbine Inlet Cooling System Market Size and Volume Forecast by Application
11.4.1. CT Plant
11.4.2. Industrial
11.4.3. Others
11.5. Basis Point Share (BPS) Analysis by Application
11.6. Y-o-Y Growth Projections by Application
11.7. Europe Turbine Inlet Cooling System Market Size and Volume Forecast by Type
11.7.1. Inlet Fogging
11.7.2. Chiller System
11.7.3. Evaporative Cooling
11.7.4. Others
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 Turbine Inlet Cooling System Demand Share, 2019-2026
12. Asia Pacific Turbine Inlet Cooling System 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 Turbine Inlet Cooling System 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 Turbine Inlet Cooling System Market Size and Volume Forecast by Application
12.4.1. CT Plant
12.4.2. Industrial
12.4.3. Others
12.5. Basis Point Share (BPS) Analysis by Application
12.6. Y-o-Y Growth Projections by Application
12.7. Asia Pacific Turbine Inlet Cooling System Market Size and Volume Forecast by Type
12.7.1. Inlet Fogging
12.7.2. Chiller System
12.7.3. Evaporative Cooling
12.7.4. Others
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 Turbine Inlet Cooling System Demand Share, 2019-2026
13. Middle East & Africa Turbine Inlet Cooling System 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 Turbine Inlet Cooling System 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 Turbine Inlet Cooling System Market Size and Volume Forecast by Application
13.4.1. CT Plant
13.4.2. Industrial
13.4.3. Others
13.5. Basis Point Share (BPS) Analysis by Application
13.6. Y-o-Y Growth Projections by Application
13.7. Middle East & Africa Turbine Inlet Cooling System Market Size and Volume Forecast by Type
13.7.1. Inlet Fogging
13.7.2. Chiller System
13.7.3. Evaporative Cooling
13.7.4. Others
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 Turbine Inlet Cooling System Demand Share, 2019-2026
14. Competition Landscape
14.1. Global Turbine Inlet Cooling System Market: Market Share Analysis
14.2. Turbine Inlet Cooling System Distributors and Customers
14.3. Turbine Inlet Cooling System Market: Competitive Dashboard
14.4. Company Profiles (Details Overview, Financials, Developments, Strategy)
14.4.1. Johnson Controls
14.4.1.1. Overview
14.4.1.2. Financials
14.4.1.3. Developments
14.4.1.4. Strategic Outlook
14.4.2. Mee Industries
14.4.2.1. Overview
14.4.2.2. Financials
14.4.2.3. Developments
14.4.2.4. Strategic Outlook
14.4.3. TAS Turbine Inlet Chilling
14.4.3.1. Overview
14.4.3.2. Financials
14.4.3.3. Developments
14.4.3.4. Strategic Outlook
14.4.4. Mitsubishi Heavy Industries
14.4.4.1. Overview
14.4.4.2. Financials
14.4.4.3. Developments
14.4.4.4. Strategic Outlook
14.4.5. Güntner
14.4.5.1. Overview
14.4.5.2. Financials
14.4.5.3. Developments
14.4.5.4. Strategic Outlook
14.4.6. Stellar Energy
14.4.6.1. Overview
14.4.6.2. Financials
14.4.6.3. Developments
14.4.6.4. Strategic Outlook
14.4.7. Caldwell Energy
14.4.7.1. Overview
14.4.7.2. Financials
14.4.7.3. Developments
14.4.7.4. Strategic Outlook
14.4.8. Camfil
14.4.8.1. Overview
14.4.8.2. Financials
14.4.8.3. Developments
14.4.8.4. Strategic Outlook
14.4.9. Donaldson
14.4.9.1. Overview
14.4.9.2. Financials
14.4.9.3. Developments
14.4.9.4. Strategic Outlook
14.4.10. ARANER
14.4.10.1. Overview
14.4.10.2. Financials
14.4.10.3. Developments
14.4.10.4. Strategic Outlook
14.4.11. COMPANY 11
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
