Gas turbine

Growing Need for Environment Conservation to Invite Great Growth Prospects, Global Gas Turbines Market to Reach Valuation of US$ 53.8 bn by End of Forecast Period

Retrieved on: 
Thursday, August 20, 2020
Energy, Marine propulsion, Engines, Gas turbine, Turbines, Articles, Turbine

The use of gas turbines as an efficient electricity generator may help in bringing considerable growth opportunities for the gas turbine market.

Key Points: 
  • The use of gas turbines as an efficient electricity generator may help in bringing considerable growth opportunities for the gas turbine market.
  • After an out-and-out research on all the parameters, the analysts at Transparency Market Research predict the global gas turbine market to expand at a CAGR of ~4 percent between 2020 and 2030.
  • The global gas turbine market was valued at US$ 36.7 bn in 2020 and is prognosticated to reach a valuation of US$ 53.8 bn by the end of the forecast period.
  • The escalating awareness about the advantages of gas turbines may further boost the growth rate of the gas turbine market.

Growing Need for Environment Conservation to Invite Great Growth Prospects, Global Gas Turbines Market to Reach Valuation of US$ 53.8 bn by End of Forecast Period

Retrieved on: 
Thursday, August 20, 2020
Energy, Marine propulsion, Engines, Gas turbine, Turbines, Articles, Turbine

The use of gas turbines as an efficient electricity generator may help in bringing considerable growth opportunities for the gas turbine market.

Key Points: 
  • The use of gas turbines as an efficient electricity generator may help in bringing considerable growth opportunities for the gas turbine market.
  • After an out-and-out research on all the parameters, the analysts at Transparency Market Research predict the global gas turbine market to expand at a CAGR of ~4 percent between 2020 and 2030.
  • The global gas turbine market was valued at US$ 36.7 bn in 2020 and is prognosticated to reach a valuation of US$ 53.8 bn by the end of the forecast period.
  • The escalating awareness about the advantages of gas turbines may further boost the growth rate of the gas turbine market.

Allied Power Group Completes Acquisition of Combustion Parts Inc.

Retrieved on: 
Monday, August 17, 2020
Energy, Other Manufacturing, Manufacturing, Oil, Gas, Combustion, Gas turbine, Articles

Allied Power Group (APG) is pleased to announce it has acquired Combustion Parts Inc. (CPI), a leading provider of combustion components for heavy-frame industrial gas turbines.

Key Points: 
  • Allied Power Group (APG) is pleased to announce it has acquired Combustion Parts Inc. (CPI), a leading provider of combustion components for heavy-frame industrial gas turbines.
  • I am excited to marry CPIs deep combustion parts experience with APGs global service offering.
  • Through this partnership, we will continue to provide quality and reliable components to an expanded customer base, expressed Ms. Jenks.
  • In announcing the acquisition, APGs President, Jim Masso, noted, CPI produces the highest quality E- and F-class combustion hardware in the industry.

Burns & McDonnell Reaches Significant Milestone in 550-MW Heat Recovery Repower Project

Retrieved on: 
Tuesday, August 11, 2020
Repower, Energy, Gas turbine, Natural gas, Senvion, Machines

PURVIS, Miss., Aug. 11, 2020 /PRNewswire/ --After 16 months of razing work, Burns & McDonnell has completed the demolition phase of a five-year project to convert R.D.

Key Points: 
  • PURVIS, Miss., Aug. 11, 2020 /PRNewswire/ --After 16 months of razing work, Burns & McDonnell has completed the demolition phase of a five-year project to convert R.D.
  • Due to ongoing maintenance and upkeep, coupled with the significant capital cost benefits of reusing its steam generator, Cooperative Energy elected to pursue a heat recovery repower strategy to propel its natural gas combined-cycle plant.
  • While repowering has grown increasingly common, a heat recovery repower is unique in that it adds a natural gas combustion turbine within the existing infrastructure.
  • "By using a heat recovery repower approach, the reuse of existing equipment and infrastructure will result in notable cost savings for both the cooperative and its customers throughout the region," says Craig Demmel, power generation project manager at Burns & McDonnell.

MHPS Maintains Global Market Share Leadership for Heavy Duty Gas Turbines According to McCoy Power Reports

Retrieved on: 
Tuesday, August 11, 2020
Other Energy, Utilities, Oil, Gas, Alternative energy, Energy, Engineering, Nuclear, Manufacturing, Companies, Industries, Economy of Japan, Engines, Gas turbine, Marine propulsion, Turbines, Hitachi, Companies, Industries, Economy of Japan, Engines, Gas turbine, Marine propulsion, Turbines, Hitachi

Mitsubishi Hitachi Power Systems, Ltd. (MHPS) continues to lead the power generation industry in global market share year-to-date for heavy duty gas turbines (100 megawatts [MW] and above) according to data from McCoy Power Reports, the industrys premier reporting agency.

Key Points: 
  • Mitsubishi Hitachi Power Systems, Ltd. (MHPS) continues to lead the power generation industry in global market share year-to-date for heavy duty gas turbines (100 megawatts [MW] and above) according to data from McCoy Power Reports, the industrys premier reporting agency.
  • View the full release here: https://www.businesswire.com/news/home/20200811005839/en/
    MHPS leads in global market share by capacity for heavy duty gas turbines in the first half of 2020 per McCoy Power Reports.
  • (Photo: Business Wire)
    MHPS also achieved 52 percent global market share for advanced class gas turbines (G-, H- and J-Class), which is a subset of the heavy duty segment.
  • Paul Browning, President and CEO of MHPS Americas, said, The global gas turbine market strongly prefers MHPS JAC gas turbines, which are the industrys most reliable gas turbines with record-setting fuel efficiency and output.

Worldwide Turbine Industry to 2027 - Increase in the Trend for Distributed Power Generation Presents Opportunities

Retrieved on: 
Tuesday, August 11, 2020
Energy, Articles, Engines, Turbines, Gas turbine, Marine propulsion, Natural gas, Internal combustion engine, Turbine, Combustion, Westinghouse Combustion Turbine Systems Division, Combined cycle power plant

Gas Turbine is an internal combustion engine containing combustion chambers, which releases expanding gases that drive the blades of a turbine.

Key Points: 
  • Gas Turbine is an internal combustion engine containing combustion chambers, which releases expanding gases that drive the blades of a turbine.
  • Based on application, the gas turbine market is segmented into power generation, oil and gas, and Industrial.
  • The environment friendly properties of gas turbines of using natural gas and producing less gas pollution has favored the power generation segment of gas turbine market worldwide.
  • The growth of the market in North Americas primarily attributed to rapid growth in the power generation industry in this region.

Gas Turbine Market Forecast to 2027 - COVID-19 Impact and Global Analysis - ResearchAndMarkets.com

Retrieved on: 
Tuesday, August 11, 2020
Alternative energy, Energy, Oil, Gas, Energy, Machines, Articles, Engines, Turbines, Gas turbine, Marine propulsion, Turbine, Internal combustion engine, Natural gas, Combustion, Westinghouse Combustion Turbine Systems Division

The "Gas Turbine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Technology; Capacity; Application; and Geography" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Gas Turbine Market Forecast to 2027 - COVID-19 Impact and Global Analysis by Technology; Capacity; Application; and Geography" report has been added to ResearchAndMarkets.com's offering.
  • Gas Turbine is an internal combustion engine containing combustion chambers, which releases expanding gases that drive the blades of a turbine.
  • Based on application, the gas turbine market is segmented into power generation, oil and gas, and Industrial.
  • The environment friendly properties of gas turbines of using natural gas and producing less gas pollution has favored the power generation segment of gas turbine market worldwide.

COVID-19 Impacts: Gas Turbine Market Will Accelerate at a CAGR of almost 2% through 2020-2024 | Enhanced Efficiency and Robustness of Gas Turbines to Boost Growth | Technavio

Retrieved on: 
Wednesday, August 5, 2020
Other Manufacturing, Manufacturing, Engines, Gas turbine, Marine propulsion, Turbines, Articles, Economic growth, Energy, Economy, Energy conversion

Please Request Free Sample Report on COVID-19 Impact

Key Points: 
  • Please Request Free Sample Report on COVID-19 Impact
    What was the value of the gas turbine market in 2019?
  • Growing at a CAGR of almost 2%, the market growth will accelerate in the forecast period of 2020-2024.
  • Enhanced efficiency and robustness of gas turbines and the development of GTCC and IGCC technologies are the key factors driving the market growth.
  • Enhanced efficiency and robustness of gas turbines have been instrumental in driving the growth of the market.

Global Gas Turbine Market Report 2020-2025 - Market Analysis, Industry Analysis, Market Segmentation and Forecasts

Retrieved on: 
Friday, July 31, 2020
Energy, Articles, Fuels, Engines, Gas turbine, Marine propulsion, Turbines, Natural gas, Coal-fired power station, Coal, Westinghouse Combustion Turbine Systems Division

DUBLIN, July 31, 2020 /PRNewswire/ -- The "Global Gas Turbine Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • DUBLIN, July 31, 2020 /PRNewswire/ -- The "Global Gas Turbine Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The gas turbine market is growing primarily due to the increasing availability and use of natural gas in the power sector, replacement of ageing coal power plants with gas turbine power plants, environmental concerns, and the growing need for flexible power generating assets.
  • This Global Gas Turbine Market report provides deep insight into the current and future state of gas turbine market across various regions.
  • This report also covers extensively researched competitive landscape section with profiles of major companies along with their estimated market shares.

Global Gas Turbine Market Outlook to 2025 - ResearchAndMarkets.com

Retrieved on: 
Wednesday, July 29, 2020
Alternative energy, Energy, Oil, Gas, Energy, Engines, Gas turbine, Marine propulsion, Turbines, Articles, Natural gas, Machines, Energy conversion, Westinghouse Combustion Turbine Systems Division, IPGCL Gas Turbine Power Station

The "Global Gas Turbine Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Gas Turbine Market Outlook to 2025" report has been added to ResearchAndMarkets.com's offering.
  • The gas turbine market is growing primarily due to the increasing availability and use of natural gas in the power sector, replacement of ageing coal power plants with gas turbine power plants, environmental concerns, and the growing need for flexible power generating assets.
  • This Global Gas Turbine Market report provides deep insight into the current and future state of gas turbine market across various regions.
  • Also, the study comprehensively analyzes the Gas turbine market by segmenting it based on geography, by power rating (less than 30 MW, 30 MW to 100 MW, and above 10 MW), and by application (power, oil & gas and others).