Gas turbine

Gas Turbine Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020 - 2030

Retrieved on: 
Friday, September 18, 2020

The report also provides insightful information about how the gas turbine market will progress during the forecast period 2020 - 2030.

Key Points: 
  • The report also provides insightful information about how the gas turbine market will progress during the forecast period 2020 - 2030.
  • It also includes impact analysis of COVID-19 on the gas turbine market.
  • The global gas turbine market report helps to estimate statistics related to the market progress in terms of value (US$ Mn) and volume (Thousand Units).
  • The study covers a detailed segmentation of the gas turbine market, along with key information and a competitive outlook.

Gas Turbine Market | Insights on the Crisis and the Roadmap to Recovery from COVID-19 Pandemic | Technavio

Retrieved on: 
Friday, September 18, 2020

The report offers a detailed analysis of the impact of COVID-19 pandemic on the gas turbine market in optimistic, probable, and pessimistic forecast scenarios.

Key Points: 
  • The report offers a detailed analysis of the impact of COVID-19 pandemic on the gas turbine market in optimistic, probable, and pessimistic forecast scenarios.
  • View the full release here: https://www.businesswire.com/news/home/20200917005750/en/
    Technavio has announced its latest market research report titled Global Gas Turbine Market 2020-2024 (Graphic: Business Wire)
    Get detailed insights on the COVID-19 pandemic Crisis and Recovery analysis of the Gas Turbine market.
  • Download free report sample
    Amid the COVID-19 Crisis, the Revaluated and Updated Gas Turbine Market Report Says:
    The gas turbine market will witness a Negative and Inferior impact during the forecast period owing to the extensive rise of the COVID-19 pandemic.
  • Gas turbine market is segmented by end-user (power generation, mobility, oil and gas, and others), technology (CCGT and OCGT), product (heavy-duty gas turbine and aero-derivative gas turbine), and geography (APAC, Europe, MEA, North America, and South America).

New Applications From LiquidPiston Enable Aircraft Electrification To Improve Drone and Rotorcraft Flight Duration and Fuel Efficiency

Retrieved on: 
Tuesday, September 15, 2020

The company showcased its X-Engine powered propulsion platform in a successful parallel hybrid UAV demonstration using jet fuel, watch the first flight here [ short version ; longer version ].

Key Points: 
  • The company showcased its X-Engine powered propulsion platform in a successful parallel hybrid UAV demonstration using jet fuel, watch the first flight here [ short version ; longer version ].
  • In APU applications, the X-Engine approaches the power density and packaging similar to a turbine-based APU, with the efficiency of a Diesel engine.
  • LiquidPiston, Inc. develops compact, quiet, fuel-efficient, low-vibration, multi-fuel capable combustion engines that are scalable from one horsepower to over 1,000.
  • The companys patented High Efficiency Hybrid Cycle (HEHC), an improved thermodynamic cycle, and engine architecture enable the company to create engines optimized for fuel efficiency.

Mitsubishi Power Helps Diversify and Decarbonize the Illinois Power Grid: Ships the First JAC Gas Turbine Manufactured in America to J-POWER USA’s Jackson Generation Project

Retrieved on: 
Thursday, September 10, 2020

Mitsubishi Power shipped the first JAC gas turbine manufactured in America to J-POWER USA Development Co. Ltd. (J-POWER USA) for its 1,200 megawatt (MW) Jackson Generation project in Elwood, Illinois.

Key Points: 
  • Mitsubishi Power shipped the first JAC gas turbine manufactured in America to J-POWER USA Development Co. Ltd. (J-POWER USA) for its 1,200 megawatt (MW) Jackson Generation project in Elwood, Illinois.
  • View the full release here: https://www.businesswire.com/news/home/20200910005906/en/
    Mitsubishi Powers first JAC gas turbine manufactured in America under way on the Savannah River, beginning its journey from Georgia to J-POWER USAs 1,200 MW Jackson Generation project in Illinois.
  • It will help modernize and diversify Illinois power grid while generating enough electricity to power 1.2 million homes.
  • Like its twin, the second turbine for J-POWER USAs Jackson Generation plant is being manufactured at Mitsubishi Powers Savannah Machinery Works.

Global Turbine Market to Expand 3.2% Annually Through 2024 Despite COVID Slowdown in 2020

Retrieved on: 
Thursday, September 3, 2020

Highlighted below are some other key trends covered in the report:

Key Points: 
  • Highlighted below are some other key trends covered in the report:
    Among electricity generation applications, wind turbines will offer the fastest growth prospects and the best opportunities.
  • China will continue to dominate the global turbine market in 2024, when the country will account for 28% of global demand.
  • China's turbine market will also benefit from the country's push to become a significant global supplier of commercial aircraft, which will boost sales of turbine engines.
  • Each study includes product and market analyses and forecasts, in-depth discussions of important industry trends, and market share information.

Gas Turbine Market for Oil and Gas Industry Suppliers - 2020 Strategic Positioning and Leadership Quadrant - ResearchAndMarkets.com

Retrieved on: 
Monday, August 24, 2020

The "Gas Turbine Market for Oil and Gas Industry Suppliers Strategic Positioning and Leadership Quadrant" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Gas Turbine Market for Oil and Gas Industry Suppliers Strategic Positioning and Leadership Quadrant" report has been added to ResearchAndMarkets.com's offering.
  • The dynamics of the gas turbine market for oil and gas industry market extends beyond routine macro-economic elements of supply and demand.
  • The analyst, a leading global management consulting and market research firm, has analyzed the global gas turbine market for oil and gas industry suppliers and has come up with a comprehensive research report, Leadership Quadrant and Strategic Positioning of Gas Turbine Market for Oil and Gas Industry Suppliers.
  • Using its proprietary research methodology, the analyst has developed a comparative analysis tool, the Leadership Quadrant,' which identifies leaders, contenders, visionaries, and specialists in the gas turbine market for oil and gas industry market and rates each gas turbine market for oil and gas industry producer.

MHPS Receives Order for Three M701JACs Advanced Air-cooled Turbines for a United Arab Emirates Project

Retrieved on: 
Monday, August 24, 2020

- Over 380,000 households will benefit from the plant's clean and efficient operation that contributes to CO2 reductions.

Key Points: 
  • - Over 380,000 households will benefit from the plant's clean and efficient operation that contributes to CO2 reductions.
  • MHPS will supply three JAC gas turbines and other auxiliary equipment through Samsung C&T Corporation, the South Korean company that is the lead contractor for the project.
  • MHPS has also concluded a Long Term Service Agreement (LTSA) for the project.
  • Together with this order, MHPS will have supplied a total of 12 units in the country.

Gas Turbine Market Size is Projected to Reach USD 22930 Million by 2026 - Valuates Reports

Retrieved on: 
Saturday, August 22, 2020

In 2019, the global Gas Turbine market size was USD 17140 Million and it is expected to reach USD 22930 Million by the end of 2026, with a CAGR of 4.2% during 2021-2026.

Key Points: 
  • In 2019, the global Gas Turbine market size was USD 17140 Million and it is expected to reach USD 22930 Million by the end of 2026, with a CAGR of 4.2% during 2021-2026.
  • This, in turn, would fuel the growth of gas turbine market size during the forecast period.
  • Other factors that can fuel the gas turbine market growth are stringent emission norms by governments of various countries and boom in shale gas production.
  • The size of North America's gas turbine market is predicted to reach a substantial figure by 2026.

Gas Turbine Market Size is Projected to Reach USD 22930 Million by 2026 - Valuates Reports

Retrieved on: 
Saturday, August 22, 2020

In 2019, the global Gas Turbine market size was USD 17140 Million and it is expected to reach USD 22930 Million by the end of 2026, with a CAGR of 4.2% during 2021-2026.

Key Points: 
  • In 2019, the global Gas Turbine market size was USD 17140 Million and it is expected to reach USD 22930 Million by the end of 2026, with a CAGR of 4.2% during 2021-2026.
  • This, in turn, would fuel the growth of gas turbine market size during the forecast period.
  • Other factors that can fuel the gas turbine market growth are stringent emission norms by governments of various countries and boom in shale gas production.
  • The size of North America's gas turbine market is predicted to reach a substantial figure by 2026.

Optomec Customers Surpass 10 Million Turbine Blade Repairs

Retrieved on: 
Friday, August 21, 2020

In a recent survey of Optomecs 100+ customer installations using its 3D metal printers specifically for gas turbine component repair, Optomec has calculated that over 10 Million turbine blades have been refurbished.

Key Points: 
  • In a recent survey of Optomecs 100+ customer installations using its 3D metal printers specifically for gas turbine component repair, Optomec has calculated that over 10 Million turbine blades have been refurbished.
  • View the full release here: https://www.businesswire.com/news/home/20200821005392/en/
    Optomec Customers Surpass 10 Million Turbine Blade Repairs (Photo: Business Wire)
    Optomec has Metal Additive Repair machines installed at all leading gas turbine OEMs, in both the Aviation market for aircraft engines and the Energy market for power generation.
  • Common production applications include the repair of turbine blade tips, seals and wear surfaces; compressor blades, including titanium alloys; vanes, shrouds and other high value components.
  • We are really excited to reach this important milestone for both the Additive Manufacturing segment and, more important, for our gas turbine customers, said Mike Dean, Marketing Director at Optomec.