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Gas Turbine Upgrades for Performance Enhancement Market, by Turbine Cycle (Simple Cycle, Combined Cycle), Upgrade Type (Comprehensive Upgrade, Hot Section Coating, Compressor Coating, Inlet Air Fogging, Others) – Global Revenue, Trends, Growth, Share, Size and Forecast to 2022

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Gas turbines are used worldwide to generate power. It is a type of internal combustion engine that uses hot gases produced from the combustion of air and fuel, and this helps to rotate turbine blades for generating power. Since several years, gas turbines have been conveniently used in aerospace industries and is being used in other industries also. Gas turbines can work on different types of fuels such as fuel oil, synthetic oil and natural gas. However, the ambient temperatures most often impact the performance of gas turbines wherein the power output is inversely proportional to the ambient temperature. As the ambient temperature increases, the air mass flow rate decreases which results in low power production. This report studies the current and future aspects of the gas turbine upgrades for performance enhancement market.

The report tracks the major market events including product launches, technological developments, mergers & acquisitions, and the innovative business strategies opted by key market players. Along with strategically analyzing the key micro markets, the report also focuses on industry-specific drivers, restraints, opportunities and challenges in the gas turbine upgrades for performance enhancement market. The scope of this report covers the gas turbine upgrades for performance enhancement market by its major segments, which include the types, applications, and the major geographic regions.

KEY BENEFITS OF THE REPORT

  • In-depth analysis of the market ecosystem and its impact on the revenue growth
  • Understanding of the strategies that are being adopted by the key players in this market to stay competitive
  • Valuable insights into the key technological and market trends impacting this market

KEY PREMIUM INDUSTRY INSIGHTS

  • The global gas turbine upgrades for performance enhancement market is growing at a fast pace during the forecasted period mainly because of increasing demand for energy source and power and rise in number of power and gas generation sectors.
  • There is also an increase seen in the alternative sources of renewable energy, which is promoting the market growth. Due to evolution of electricity market the OEMs are generating innovative solutions which are creating newer growth opportunities for the gas turbine upgrades for performance enhancement market.
  • Government in various countries are encouraging the usage of gas turbines as they are environmental friendly, and helps to lower carbon dioxide emissions in the environment.

The global gas turbine upgrades for performance enhancement market is divided into five major geographical segments which are North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America. The Asia Pacific region holds the highest market share and is the largest revenue contributor of gas turbine upgrades for performance enhancement market. The region continues to dominate the global market during the forecasted period because the key market players are creating strategies to promote the market growth. The Europe region is also witnessing a steady market growth due to presence of large number of industries opting for gas turbines.

RESEARCH METHODOLOGY

The research methodology for Scalar Market Research’s gas turbine upgrades for performance enhancement market report utilizes a combination of top-down and bottom-up research formats. Our primary focus on continuous market tracking, rigorous fact-checking, data-triangulation, and multiple layers of quality control ensures high-quality data that can be leveraged for actionable research insights.

To know about the assumptions considered for the study, Download PDF Sample.

MARKET SEGMENTATION

This report analyzes the gas turbine upgrades for performance enhancement market by the following segments:

  • Gas Turbine Upgrades for Performance Enhancement Market, by Turbine Cycle
    • Simple Cycle
    • Combined Cycle
  • Gas Turbine Upgrades for Performance Enhancement Market, by Upgrade Type
    • Comprehensive Upgrade
    • Hot Section Coating
    • Compressor Coating
    • Inlet Air Fogging
    • Others

KEY MARKET PLAYERS

Key players in the gas turbine upgrades for performance enhancement market include:

  • General Electric
  • MITSUBISHI HEAVY INDUSTRIES, LTD.
  • Siemens AG
  • Stellar Energy
  • Mee Industries Inc.
  • ENRGISTX

GEOGRAPHIC COVERAGE AND ANALYSIS

This granular market research report covers the following geographic regions in great detail:

  • NORTH AMERICA
    • U.S.
    • Rest of North America
  • EUROPE
    • France
    • Germany
    • U.K.
    • Rest of Europe
  • ASIA-PACIFIC
    • China
    • India
    • Japan
    • Rest of Asia-Pacific
  • MIDDLE EAST & AFRICA
    • GCC
    • North Africa
    • South Africa
    • Rest of Middle East & Africa
  • LATIN AMERICA
    • Brazil
    • Rest of Latin America

TRENDING RELATED REPORT

Steam Turbines Market, by Type (Steam Cycle, Combined Cycle, Cogeneration), Rated Capacity (1-120 Mw, 121-350 Mw, 351-750 Mw, Above 750 Mw), Application (Coal, Biomass, Nuclear, Others) - Global Revenue, Trends, Growth, Share, Size, and Forecast to 2022


  1. MARKET OVERVIEW
    1. Market Definitions
    2. Research Methodology
    3. Market Segmentation
  2. EXECUTIVE SUMMARY
  3. MARKET DYNAMICS
    1. Drivers
    2. Restraints
    3. Opportunities
    4. Premium Industry Trends
  4. INDUSTRY ANALYSIS
    1. Value Chain Analysis
  5. GAS TURBINE UPGRADES FOR PERFORMANCE ENHANCEMENT MARKET, BY TURBINE CYCLE
    1. Segment Share
    2. By Turbine Cycle
      1. Simple Cycle
      2. Combined Cycle
  6. GAS TURBINE UPGRADES FOR PERFORMANCE ENHANCEMENT MARKET, BY UPGRADE TYPE
    1. Segment Share
    2. By Upgrade Type
      1. Comprehensive Upgrade
      2. Hot Section Coating
      3. Compressor Coating
      4. Inlet Air Fogging
      5. Others
  7. GAS TURBINE UPGRADES FOR PERFORMANCE ENHANCEMENT MARKET, BY GEOGRAPHY
    1. Segment Share
    2. North America
      1. By Regions
        1. U.S.
        2. Rest of North America
      2. By Turbine cycle
      3. By Upgrade Type
    3. Europe
      1. By Region
        1. France
        2. Germany
        3. U.K.
        4. Rest of Europe
      2. By Turbine cycle
      3. By Upgrade Type
    4. Asia-Pacific
      1. By Region
        1. China
        2. India
        3. Japan
        4. Rest of Asia-Pacific
      2. By Turbine cycle
      3. By Upgrade Type
    5. Middle East & Africa
      1. By Region
        1. GCC
        2. North Africa
        3. South Africa
        4. Rest of Middle East & Africa
      2. By Turbine cycle
      3. By Upgrade Type
    6. Latin America
      1. By Region
        1. Brazil
        2. Rest of Latin America
      2. By Turbine cycle
      3. By Upgrade Type
  8. COMPETITIVE LANDSCAPE
    1. Market Positioning of Key Players, 2016
  9. KEY MARKET PLAYERS
    1. General Electric
      1. Overview
      2. Key Strategies
      3. Key Developments
    2. MITSUBISHI HEAVY INDUSTRIES, LTD.
      1. Overview
      2. Key Strategies
      3. Key Developments
    3. Siemens AG
      1. Overview
      2. Key Strategies
      3. Key Developments
    4. Stellar Energy
      1. Overview
      2. Key Strategies
      3. Key Developments
    5. Mee Industries Inc.
      1. Overview
      2. Key Strategies
      3. Key Developments
    6. ENRGISTX
      1. Overview
      2. Key Strategies
      3. Key Developments
  10. SCALAR 360 DEGREE MARKET PERSPECTIVE
  11. APPENDIX
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