Global Gas Turbines Market for Power Industry 2020-2024

Global Gas Turbines Market for Power Industry 2020-2024

  • September 2020 •
  • 120 pages •
  • Report ID: 5006374 •
  • Format: PDF
Global Gas Turbines Market For Power Industry 2020-2024
The analyst has been monitoring the gas turbines market for power industry and it is poised to grow by USD 1.65 bn, during 2020-2024 progressing at a CAGR of 2% during the forecast period. Our reports on gas turbines market for power industry provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the increase in CCGT power plants and focus on reduction of carbon emissions. In addition, an increase in CCGT power plants is anticipated to boost the growth of the market as well.
The gas turbines market for power industry market analysis includes technology segment and geographical landscapes

The gas turbines market for power industry is segmented as below:
By Technology
• CCGT
• OCGT

By Geographic Landscapes
• APAC
• North America
• Europe
• MEA
• South America

This study identifies shutdown of coal-based power plants as one of the prime reasons driving the gas turbines market for power industry growth during the next few years.

The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our gas turbines market for power industry covers the following areas:
• Gas turbines market for power industry sizing
• Gas turbines market for power industry forecast
• Gas turbines market for power industry industry analysis