List of Figures

FIGURE 1 MARKETS COVERED: GAS TURBINES MARKET 15
FIGURE 2 GAS TURBINES MARKET: RESEARCH DESIGN 17
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 20
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 21
FIGURE 5 DATA TRIANGULATION METHODOLOGY 22
FIGURE 6 ASIA-PACIFIC DOMINATED THE GAS TURBINES MARKET IN 2014 25
FIGURE 7 POWER GENERATION SECTOR DOMINATED THE GAS TURBINES MARKET IN 2014 26
FIGURE 8 ASIA-PACIFIC IS A POTENTIAL MARKET FOR POWER GENERATION APPLICATION 27
FIGURE 9 GAS TURBINES MARKET, BY RATED CAPACITY, 2015-2020 (USD MILLION) 28
FIGURE 10 RISE IN NATURAL GAS PRODUCTION & STRICT EMISSION REGULATIONS ON POWER PLANTS WOULD BOOST THE GAS TURBINES MARKET 29
FIGURE 11 MIDDLE EAST & AFRICA: POTENTIAL MARKET TO INVEST DURING THE FORECAST PERIOD 30
FIGURE 12 THE POWER GENERATION SEGMENT DOMINATED THE GAS TURBINES MARKET
IN 2014 31
FIGURE 13 COMBINED CYCLE TECHNOLOGY IS EXPECTED TO DOMINATE THE GAS TURBINES MARKET IN 2020 32
FIGURE 14 HEAVY DUTY (FRAME) TYPE OF GAS TURBINE DOMINATED THE MARKET IN 2014 33
FIGURE 15 THE MIDDLE EAST & AFRICA REGION IS AN EMERGING MARKET FOR GAS TURBINES 34
FIGURE 16 ENHANCING EFFICIENCY & FURTHER REDUCING EMISSIONS ARE THE TOP PRIORITIES OF MODERN GAS TURBINE DESIGNS 36
FIGURE 17 SEGMENTATION OF GAS TURBINES MARKET 37
FIGURE 18 SEGMENTATION OF GAS TURBINES MARKET, BY DESIGN TYPE 37
FIGURE 19 SEGMENTATION OF GAS TURBINES MARKET, BY RATED CAPACITY 38
FIGURE 20 SEGMENTATION OF GAS TURBINES MARKET, BY APPLICATION 38
FIGURE 21 SEGMENTATION OF THE GAS TURBINES MARKET, BY TECHNOLOGY 39
FIGURE 22 SEGMENTATION OF THE GAS TURBINES MARKET, BY REGION 39
FIGURE 23 MARKET DYNAMICS OF GAS TURBINES 40
FIGURE 24 INDIA: INCREASE IN GDP & ELECTRICITY CONSUMPTION, 2009-2012 41
FIGURE 25 U.S. NATURAL GAS GROSS WITHDRAWALS, BILLION CUBIC FEET, 2004-2014 42
FIGURE 26 RESERVES TO PRODUCTION RATIO (IN TERMS OF NUMBER OF YEARS) FOR COAL
& NATURAL GAS, AS OF 2014 46
FIGURE 27 GAS TURBINES: SUPPLY CHAIN 47
FIGURE 28 PORTER’S FIVE FORCES ANALYSIS: INTENSITY OF RIVALRY IS HIGH IN THE GAS TURBINES MARKET 48
FIGURE 29 DEMAND FOR AERODERIVATIVE TYPE OF GAS TURBINES IS EXPECTED TO INCREASE IN THE NEXT FIVE YEARS 52
FIGURE 30 120-300 MW & ABOVE 300 MW SEGMENTS CONSTITUTE MORE THAN 60% OF THE MARKET 56
FIGURE 31 THE POWER GENERATION SEGMENT IS ESTIMATED TO HOLD THE LARGEST MARKET SHARE (BY VALUE) IN 2015 61
FIGURE 32 THE COMBINED CYCLE GAS TURBINES SEGMENT HELD THE LARGEST MARKET SHARE (BY VALUE) IN 2014 66
FIGURE 33 GAS TURBINES MARKET SHARE (VALUE), BY REGION, 2014 70
FIGURE 34 TOP GROWING MARKETS: COUNTRIES IN ASIA-PACIFIC, THE MIDDLE EAST, & LATIN AMERICA TO WITNESS THE HIGHEST GROWTH DURING THE FORECAST PERIOD 71
FIGURE 35 THE U.S. & RUSSIA ARE PROJECTED TO BE THE TWO LARGEST MARKETS FOR GAS TURBINES DURING THE FORECAST PERIOD 72
FIGURE 36 REGIONAL SNAPSHOT: ASIA-PACIFIC OFFERS ATTRACTIVE MARKET OPPORTUNITIES 74
FIGURE 37 COMPANIES ADOPTED VARIOUS GROWTH STRATEGIES FROM 2011 TO 2015 99
FIGURE 38 BATTLE FOR MARKET SHARE: CONTRACTS & AGREEMENTS WAS THE KEY STRATEGY ADOPTED BY TOP PLAYERS, 2011–2015 100
FIGURE 39 MARKET SHARE ANALYSIS: GENERAL ELECTRIC COMPANY ACCOUNTED FOR THE LARGEST MARKET SHARE (VALUE) IN 2014 101
FIGURE 40 MARKET LEADERS BASED ON DEVELOPMENTS, 2011–2015 101
FIGURE 41 MARKET EVOLUTION FRAMEWORK: CONTRACTS & AGREEMENTS SUPPLEMENTED MARKET GROWTH, 2011–2015 102
FIGURE 42 REGIONAL MIX OF THE TOP PLAYERS 107
FIGURE 43 GENERAL ELECTRIC COMPANY: COMPANY SNAPSHOT 108
FIGURE 44 GENERAL ELECTRIC COMPANY: SWOT ANALYSIS 110
FIGURE 45 SIEMENS AG: COMPANY SNAPSHOT 111
FIGURE 46 SIEMENS AG: SWOT ANALYSIS 113
FIGURE 47 MITSUBISHI HITACHI POWER SYSTEMS, LTD.: SWOT ANALYSIS 115
FIGURE 48 ALSTOM S.A.: COMPANY SNAPSHOT 116
FIGURE 49 ALSTOM S.A.: SWOT ANALYSIS 118
FIGURE 50 KAWASAKI HEAVY INDUSTRIES, LTD.: COMPANY SNAPSHOT 119
FIGURE 51 KAWASAKI HEAVY INDUSTRIES, LTD.: SWOT ANALYSIS 122
FIGURE 52 BHARAT HEAVY ELECTRICALS LIMITED: COMPANY SNAPSHOT 123
FIGURE 53 ANSALDO ENERGIA S.P.A.: COMPANY SNAPSHOT 125

 

List of Tables

TABLE 1 SHALE GAS BOOM & EFFICIENT ELECTRICITY GENERATION TECHNOLOGY OF COMBINED CYCLE GAS POWER PLANTS ARE PROPELLING THE GROWTH OF THE GAS TURBINES MARKET 43
TABLE 2 PRICE DISPARITY ACROSS REGIONAL MARKETS & CONCERNS ABOUT STABLE GAS SUPPLY RESTRAIN MARKET GROWTH 44
TABLE 3 GROWING DISTRIBUTED GENERATION & NUCLEAR PHASE-OUT ARE OPPORTUNITIES FOR THE GAS TURBINES MARKET 46
TABLE 4 LIMITED NATURAL GAS RESERVES IS A CHALLENGE 47
TABLE 5 GAS TURBINES MARKET SIZE, BY DESIGN TYPE, 2013-2020 (USD MILLION) 52
TABLE 6 HEAVY DUTY GAS TURBINES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 53
TABLE 7 AERODERIVATIVE GAS TURBINES MARKET SIZE, BY REGION 2013-2020 (USD MILLION) 54
TABLE 8 GAS TURBINES MARKET SIZE, BY RATED CAPACITY, 2013-2020 (USD MILLION) 56
TABLE 9 1-40 MW GAS TURBINES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 57
TABLE 10 40-120 MW GAS TURBINES MARKET SIZE, BY REGION, 2013-2020 (USD MILLION) 57
TABLE 11 120-300 MW GAS TURBINES MARKET SIZE, BY REGION 2013-2020 (USD MILLION) 58
TABLE 12 ABOVE 300 MW GAS TURBINES MARKET SIZE, BY REGION 2013-2020 (USD MILLION) 59
TABLE 13 GAS TURBINES MARKET SIZE, BY APPLICATION, 2013–2020 (USD MILLION) 61
TABLE 14 POWER GENERATION: GAS TURBINES MARKET SIZE, BY REGION 2013–2020 (USD MILLION) 62
TABLE 15 OIL & GAS: GAS TURBINES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 63
TABLE 16 OTHER INDUSTRIAL: GAS TURBINES MARKET SIZE, BY REGION 2013–2020 (USD MILLION) 64
TABLE 17 GAS TURBINES MARKET SIZE, BY TECHNOLOGY, 2013-2020 (USD MILLION) 67
TABLE 18 OPEN (SIMPLE) CYCLE: GAS TURBINES MARKET SIZE, BY REGION 2013-2020 (USD MILLION) 67
TABLE 19 COMBINED CYCLE: GAS TURBINES MARKET SIZE, BY REGION 2013-2020 (USD MILLION) 68
TABLE 20 GAS TURBINES MARKET SIZE, BY REGION, 2013–2020 (USD MILLION) 72
TABLE 21 ASIA-PACIFIC: GAS TURBINES MARKET SIZE, BY DESIGN TYPE 2013–2020 (USD MILLION) 75
TABLE 22 ASIA-PACIFIC: GAS TURBINES MARKET SIZE, BY RATED CAPACITY 2013–2020 (USD MILLION) 75
TABLE 23 ASIA-PACIFIC: GAS TURBINES MARKET SIZE, BY APPLICATION 2013–2020 (USD MILLION) 76
TABLE 24 ASIA-PACIFIC: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 76
TABLE 25 ASIA-PACIFIC: GAS TURBINES MARKET SIZE, BY COUNTRY 2013–2020 (USD MILLION) 77
TABLE 26 CHINA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 77
TABLE 27 INDIA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 78
TABLE 28 JAPAN: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 78
TABLE 29 SOUTH KOREA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 79
TABLE 30 REST OF ASIA-PACIFIC: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 79
TABLE 31 EUROPE: GAS TURBINES MARKET SIZE, BY DESIGN TYPE 2013–2020 (USD MILLION) 80
TABLE 32 EUROPE: GAS TURBINES MARKET SIZE, BY RATED CAPACITY 2013–2020 (USD MILLION) 80
TABLE 33 EUROPE: GAS TURBINES MARKET SIZE, BY APPLICATION 2013–2020 (USD MILLION) 81
TABLE 34 EUROPE: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 81
TABLE 35 EUROPE: GAS TURBINES MARKET SIZE, BY COUNTRY, 2013–2020 (USD MILLION) 82
TABLE 36 RUSSIA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 82
TABLE 37 U.K.: GAS TURBINES MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 83
TABLE 38 ITALY: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 83
TABLE 39 GERMANY: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 84
TABLE 40 REST OF EUROPE: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 84
TABLE 41 NORTH AMERICA: GAS TURBINES MARKET SIZE, BY DESIGN TYPE 2013–2020 (USD MILLION) 85
TABLE 42 NORTH AMERICA: GAS TURBINES MARKET SIZE, BY RATED CAPACITY 2013–2020 (USD MILLION) 85
TABLE 43 NORTH AMERICA: GAS TURBINES MARKET SIZE, BY APPLICATION 2013–2020 (USD MILLION) 86
TABLE 44 NORTH AMERICA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 86
TABLE 45 NORTH AMERICA: GAS TURBINES MARKET SIZE, BY COUNTRY 2013–2020 (USD MILLION) 87
TABLE 46 U.S.: GAS TURBINES MARKET SIZE, BY TCHNOLOGY, 2013–2020 (USD MILLION) 87
TABLE 47 CANADA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 88
TABLE 48 MIDDLE EAST & AFRICA: GAS TURBINES MARKET SIZE, BY DESIGN TYPE 2013–2020 (USD MILLION) 88
TABLE 49 MIDDLE EAST & AFRICA: GAS TURBINES MARKET SIZE, BY RATED CAPACITY, 2013–2020 (USD MILLION) 89
TABLE 50 MIDDLE EAST & AFRICA: GAS TURBINES MARKET SIZE, BY APPLICATION 2013–2020 (USD MILLION) 89
TABLE 51 MIDDLE EAST & AFRICA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 90
TABLE 52 MIDDLE EAST & AFRICA: GAS TURBINES MARKET SIZE, BY COUNTRY 2013–2020 (USD MILLION) 90
TABLE 53 SAUDI ARABIA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 91
TABLE 54 UAE: GAS TURBINES MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 91
TABLE 55 IRAN: GAS TURBINES MARKET SIZE, BY TECHNOLOGY, 2013–2020 (USD MILLION) 92
TABLE 56 EGYPT: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 92
TABLE 57 REST OF THE MIDDLE EAST & AFRICA: GAS TURBINES MARKET SIZE BY TECHNOLOGY, 2013–2020 (USD MILLION) 93
TABLE 58 LATIN AMERICA: GAS TURBINES MARKET SIZE, BY DESIGN TYPE 2013–2020 (USD MILLION) 93
TABLE 59 LATIN AMERICA: GAS TURBINES MARKET SIZE, BY RATED CAPACITY 2013–2020 (USD MILLION) 94
TABLE 60 LATIN AMERICA: GAS TURBINES MARKET SIZE, BY APPLICATION 2013–2020 (USD MILLION) 94
TABLE 61 LATIN AMERICA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 95
TABLE 62 LATIN AMERICA: GAS TURBINES MARKET SIZE, BY COUNTRY 2013–2020 (USD MILLION) 95
TABLE 63 MEXICO: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 96
TABLE 64 ARGENTINA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 96
TABLE 65 BRAZIL: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 97
TABLE 66 REST OF LATIN AMERICA: GAS TURBINES MARKET SIZE, BY TECHNOLOGY 2013–2020 (USD MILLION) 97
TABLE 67 CONTRACTS & AGREEMENTS, 2012–2015 103
TABLE 68 EXPANSIONS, 2011–2015 104
TABLE 69 NEW PRODUCT LAUNCHES, 2014–2015 104
TABLE 70 MERGERS & ACQUISITIONS, 2011–2015 105
TABLE 71 OTHER DEVELOPMENTS, 2011–2015 106
TABLE 72 CONTRACTS & AGREEMENTS, 2011 –2015 137
TABLE 73 EXPANSIONS, 2011 –2014 145
TABLE 74 NEW PRODUCT LAUNCHES, 2011–2015 146
TABLE 75 OTHER DEVELOPMENTS, 2011 –2015 146