DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Global Aeroderivative Gas Turbine Market 2016-2020" report to their offering.
Gas turbines are primarily used in gas-fired power plants; these plants include an internal combustion engine, wherein the fuel is mixed with air, causing ignition. The resultant high-temperature gas is directed toward a gas turbine through a nozzle, which causes the turbine to rotate. Aeroderivative gas turbines find wide application in various end-user segments, such as mobility power generation (primarily composed of marine and aeronautical applications); and oil and gas, food processing, paper and pulp, and chemical industries.
The global aeroderivative gas turbine market to grow at a CAGR of 4.59% during the period 2016-2020.
The report covers the present scenario and the growth prospects of the global aeroderivative gas turbine market for 2016-2020. To calculate the market size, the report determines the installed capacity and price of gas turbines in various regions. The report also includes a discussion of the key vendors operating in this market.
Growing use of alternative fuels will be a key trend for market growth. The cost of gas turbine fuel can account for as high as 80% of the overall power generation cost even in the most efficient CC power plants. Low-cost alternative fuels are being increasingly used in marine and industrial plants. Fuel flexibility is gaining ground as a crucial factor for the development of new technologies and applications. The aeroderivative gas turbine is one such application that is being developed for fuel flexibility. Traditionally, natural gas is primarily used in such systems. However, other liquid fuels and gases are increasingly being increasingly used to power aeroderivative gas turbines as they are inexpensive options.
- Mitsubishi Hitachi
Key Topics Covered:
Part 01: Executive summary
Part 02: Scope of the report
Part 03: Market research methodology
Part 04: Introduction
Part 05: Market landscape
Part 06: Market segmentation by end-user
Part 07: Geographical segmentation
Part 08: Market drivers
Part 09: Market challenges
Part 10: Impact of drivers and challenges
Part 11: Market trends
Part 12: Vendor landscape
Part 13: Key vendor analysis
Part 14: Appendix
For more information about this report visit http://www.researchandmarkets.com/research/htcwvp/global