Newly released market study: Global Gas Turbine Market 2016-2020

Gas turbines are used mainly in gas-fired power plants; these plants have an internal combustion engine wherein the fuel is mixed with air, leading to ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which results in rotation of the turbine.

Technavio's analysts forecast the global gas turbine market to grow at a CAGR of 3.49% during the period 2016-2020.

Covered in this report
The report covers the present scenario and the growth prospects of the global gas turbine market for 2016-2020. The capacity additions of new gas turbines as well as aftermarket gas turbines in various end-user segments and the average price of various types of gas turbines have been considered in determining the market size.

The market is divided into the following segments based on geography:

* Americas
* APAC
* EMEA

Technavio's report, Global Gas Turbine Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Full Report Details at
- http://www.fastmr.com/prod/1175846_global_gas_turbine_20162020.aspx?afid=301

Key vendors

* Ansaldo Energia
* GE
* Kawasaki Heavy Industries
* Mitsubishi Hitachi Power Systems
* Siemens
* Solar Turbines

Other prominent vendors

* MAN Diesel and Turbo
* Motor Sich
* Niigata Power Systems
* OPRA Turbines
* Power Machines

Market driver

* Increasing efficiency and durability of gas turbines
* For a full, detailed list, view our report

Market challenge

* Risk of volatility in natural gas prices
* For a full, detailed list, view our report

Market trend

* Stringent government regulations worldwide
* For a full, detailed list, view our report

Key questions answered in this report

* What will the market size be in 2020 and what will the growth rate be?
* What are the key market trends?
* What is driving this market?
* What are the challenges to market growth?
* Who are the key vendors in this market space?
* What are the market opportunities and threats faced by the key vendors?
* What are the strengths and weaknesses of the key vendors?

You can request one free hour of our analyst's time when you purchase this market report. Details are provided within the report.

Companies Mentioned in this Report: Ansaldo Energia, GE, Kawasaki Heavy Industries, Mitsubishi Hitachi Power Systems, Siemens, Solar Turbines, MAN Diesel and Turbo, Motor Sich, Niigata Power Systems, OPRA Turbines. Power Machines.

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