Global Gas and Steam Turbine Markets

Conventional Thermal Power Expansion Driven by Emerging Markets and Rising Natural Gas Availability

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This study provides in-depth analyses of the global gas and steam turbine markets. Global revenue and order forecasts, drivers and restraints, competitive analyses, company market shares, and pricing and technology trends are evaluated. It also provides segment forecasts by power range, region, and application. The gas turbine market is driven by replacing aging coal plants with modern gas-fired power stations, the growing availability and use of natural and shale gas, expansion of the oil and gas industry, and rising need for more flexible generating assets. Steam turbine growth is driven by large coal-fired capacity additions, growth in CCGT plants requiring steam turbines, expansion of nuclear power, and upgrades to outdated coal plants.

Table of Contents

Executive SummaryKey FindingsKey Findings (continued)Key Findings (continued)Key Findings (continued)Gas Turbine Market Engineering MeasurementsGas Turbine Market Engineering Measurements (continued)Steam Turbine Market Engineering MeasurementsSteam Turbine Market Engineering Measurements (continued)CEO’s PerspectiveMarket OverviewMarket Definitions—Gas TurbinesMarket Definitions—Steam TurbinesMarket Definitions—DescriptionRegional SegmentationKey Questions This Study Will AnswerDrivers and Restraints—Gas Turbine Market Drivers and RestraintsMarket DriversDrivers ExplainedDrivers Explained (continued)Drivers Explained (continued)Market RestraintsRestraints ExplainedRestraints Explained (continued)Forecasts and Trends—Gas Turbine MarketMarket Engineering MeasurementsMarket Engineering Measurements (continued)Forecast AssumptionsRevenue ForecastRevenue Forecast DiscussionOrders ForecastOrders Forecast DiscussionOrders Forecast by Output RangeOrders by Output Range DiscussionUnit Orders Forecast by Output RangeUnit Orders Forecast by Output Range DiscussionOrders Forecast by ApplicationOrders Forecast by Application DiscussionUnit Orders Forecast by ApplicationUnit Orders Forecast by Application DiscussionPricing AnalysisNatural Gas Price TrendsTechnology TrendsTechnology Trends (continued)Global HotspotsMarket Forecasts by Region—Gas Turbine MarketRegional SegmentationPer cent Revenue Forecast by RegionRevenue Forecast by RegionRevenue Forecast by Region DiscussionPer cent Orders Forecast by RegionOrders Forecast by RegionOrders Forecast by Region DiscussionMarket Share and Competitive Analysis—Gas Turbine MarketMarket Share for Gas TurbinesMarket Share AnalysisCompetitive EnvironmentTop CompetitorsTop Competitors (continued)Drivers and Restraints—Steam Turbine MarketDrivers and RestraintsMarket DriversDrivers ExplainedDrivers Explained (continued)Market RestraintsRestraints ExplainedRestraints Explained (continued)Forecasts and Trends—Steam Turbine MarketMarket Engineering MeasurementsMarket Engineering Measurements (continued)Forecast AssumptionsRevenue ForecastRevenue Forecast DiscussionOrders ForecastOrders Forecast DiscussionOrders Forecast by Output RangeOrders Forecast by Output Range DiscussionUnit Orders Forecast by Output RangeUnit Orders Forecast by Output Range DiscussionOrders Forecast by ApplicationOrders Forecast by Application DiscussionUnit Orders Forecast by ApplicationUnit Orders Forecast by Application DiscussionPricing AnalysisCoal Price TrendsTechnology TrendsTechnology Trends (continued)Global HotspotsMarket Forecasts by Region—Steam Turbine MarketRegional SegmentationPer cent Revenue Forecast by RegionRevenue Forecast by RegionRevenue Forecast by Region DiscussionPer cent Orders Forecast by RegionOrders Forecast by RegionOrders Forecast by Region DiscussionMarket Share and Competitive Analysis—Steam Turbine MarketMarket Share for Steam TurbinesMarket Share AnalysisCompetitive EnvironmentTop CompetitorsTop Competitors (continued)The Last WordThe Last Word—3 Big PredictionsLegal DisclaimerAppendixMarket Engineering MethodologyRegional DefinitionsTable of Acronyms UsedLearn More—Next Steps




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