About Combined Cycle Gas Turbine (CCGT)

Combined cycle gas turbine (CCGT) is a power generation technology that incorporates a gas turbine in conjunction with a steam turbine. A steam turbine is used to supplement the electricity generated from a gas turbine, which is driven by the steam generated from waste heat recovered from the gas turbine exhaust.

Technavio’s analysts forecast the global combined cycle gas turbine (CCGT) market to grow at a CAGR of 4.24% during the period 2016-2020.

Covered in this Report
The report covers the present scenario and the growth prospects of the global combined cycle gas turbine (CCGT) market for 2016-2020. To calculate the market size, the report considers the installed capacity and price of CCGTs in various regions.

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA



Technavio’s report, Global Combined Cycle Gas Turbine (CCGT) Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Key Vendors

  • Ansaldo Energia
  • GE
  • Kawasaki Heavy Industries
  • Mitsubishi Hitachi Power Systems
  • Siemens
  • Solar Turbines



Market Driver

  • Increasing efficiency and durability of gas turbines
  • For a full, detailed list, view our report



Market Challenge

  • Change in energy mix
  • For a full, detailed list, view our report



Market Trend

  • Declining demand for F-class gas turbines
  • For a full, detailed list, view our report



Key Questions Answered in this Report

  • What will the market size be in 2020 and what will the growth rate be?
  • What are the key market trends?
  • What is driving this market?
  • What are the challenges to market growth?
  • Who are the key vendors in this market space?
  • What are the market opportunities and threats faced by the key vendors?
  • What are the strengths and weaknesses of the key vendors?



You can request one free hour of our analyst’s time when you purchase this market report. Details are provided within the report.

Methodology
Research methodology is based on extensive primary and secondary research. Primary research includes in-depth interviews with industry experts, vendors, resellers and customers. Secondary research includes Technavio Platform, industry publications, company reports, news articles, analyst reports, trade associations and the data published by Government agencies.