This report studies Gas Turbine Marine Engines in Global market, especially in North America, Europe, China, Japan, Southeast Asia and India, focuses on top manufacturers in global market, with production, price, revenue and market share for each manufacturer.
“Global Gas Turbine Marine Engines Market Research Report” -
Gas Turbine Market size for 2015 was valued over USD 13 billion and is set to exceed 120GW by 2024.
The testament on the Global Gas Turbine Marine Engines Market is an in-depth section of work and is amassed by organizing both major as well as minor research. The data integrated in the report has been taken by mentioning superior-quality whitepapers, report descriptions, press releases, and by taking responses from top industry contestants.
The top sectors in the market have been emphasized.
These fragments have been reachable by giving information on their present and foreseen position by the end of the forecast horizon. These facts help the forthcoming players to gauge the speculation scope within the sections and sub-sections of the Global Gas Turbine Marine Engines Market.
Analysis tools such as Porter’s five forces analysis and SWOT analysis have also been implemented for analyzing the market statistics. The major practices implemented by the already well-known & renowned players for a better-quality penetration in the Global Gas Turbine Marine Engines Market also form a prime segment of this study.
These tactics can be employed by the imminent participants for an improved penetration in the market. The global market has also been examined in terms of revenue.
The market dynamics such as market profits, challenges, opportunities, and trends have been offered together with their one-to-one impact analysis. The impact analysis helps in collecting statistics on the future growth of the market.
Growing industrialization coupled with rising electricity demand will drive the global gas turbine market size over the forecast timeline. Government and private entities are investing aggressively to develop new power generation facility to mitigate the demand supply mismatch.
In 2015, natural gas has fueled over 25 percent of the total U.S. electricity generation. EIA is projecting that the country’s present natural gas generation would exceed by 30 percent by the end of 2025.
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Increasing investments towards replacement of ageing coal fired plants with modern gas-fired power generating stations to limit the GHG emissions will upswing the global gas turbine market during the forecast period. In 2014, European Union has introduced 2003/87/EC directive aiming to reduce the emissions to 20% by 2020.
In 2016, Government of China has also developed new action plan for reducing emission level to 18% by 2020.
Advent of shale gas revolution has led to the increase in E&P across remote onshore and offshore basins which in turn will further augment business outlook. Upliftment of western sanctions from many countries including Iran will embellish the industry size by 2024.
The topographical subdivision of the Global Gas Turbine Marine Engines Market entails the prime regions in the market during the forecast period. Information on the province leading this market and the reasons for the sovereignty of this region are also some of the aspects featured under this section of the report.
The competitive landscape section of the report presents the key vendors operating in the Global Gas Turbine Marine Engines Market. These competitors are analyzed based on characteristics such as their product synopsis, product frameworks, SWOT analysis, and contact information.
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