Gas Turbines Market For Power Industry to grow by $ 2.22 bn | 17000 + Technavio Reports

  • Sep 13, 2021
  • PR Newswire

Factors such as the increase in CCGT power plants, and a focus on the reduction of carbon emissions will offer immense growth opportunities. To leverage the current opportunities, market vendors must strengthen their foothold in the fast-growing segments, while maintaining their positions in the slow-growing segments. The gas turbines market for power industry is fragmented, and the degree of fragmentation will accelerate during the forecast period.

Gas Turbines Market for Power Industry 2021-2025: Segmentation

Gas Turbines Market for Power Industry is segmented as below:

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Gas Turbines Market for Power Industry 2021-2025: Vendor Analysis and Scope

To help businesses improve their market position, the gas turbines market for power industry provides a detailed analysis of around 25 vendors operating in the market. Some of these vendors include Ansaldo Energia Spa, Bharat Heavy Electricals Ltd., Capstone Green Energy Corp., Caterpillar Inc., General Electric Co., IHI Corp., Kawasaki Heavy Industries Ltd., Mitsubishi Heavy Industries Ltd., OPRA Turbines, and Siemens AG.

Market trend such as the shutdown of coal-based power plants is likely to emerge as one of the primary drivers of the market. However, factors such as volatility in natural gas prices may threaten the growth of the market.

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Backed with competitive intelligence and benchmarking, our research reports on the gas turbines market for the power industry are designed to provide entry support, customer profile & M&As as well as go-to-market strategy support.

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Gas Turbines Market for Power Industry 2021-2025: Key Highlights

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