The Gas Turbine Market size is expected to grow at an annual average of 2.36% during 2021-2027. A gas turbine is an engine that heats a mixture of fuel and outside air at very high temperatures to generate mechanical energy through the rotation of the turbine blades. Mechanical energy additionally drives a generator that produces electrical energy. The government’s favorable policy on reducing greenhouse gas (ghg) emissions and the use of clean fuels is expected to increase demand for natural gas-based power plants over coal-based power plants. Also, the discovery of shale gas reserves along with falling gas prices is expected to drive the market during the forecast period.
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A full report of Gas Turbine Market is available at: https://www.orionmarketreports.com/gas-turbines-market/45836/
The following Segmentation are covered in this report:
By Technology
- Open Cycle
- Combined Cycle
By Application
- Power Generation
- Oil & Gas
- Other Industrial
By Design Type
- Heavy Duty
- Aeroderivative
Company Profile:
- Siemens
- GE
- MHPS
- Ansaldo
The report covers the following objectives:
- Proliferation and maturation of trade in the Gas Turbine Market.
- The market share of the Gas Turbine Market, supply and demand ratio, growth revenue, supply chain analysis, and business overview.
- Current and future market trends that are influencing the growth opportunities and growth rate of the Gas Turbine Market.
- Feasibility study, new market insights, company profiles, investment return, revenue (value), and consumption (volume) of the Gas Turbine Market. Scope of the report
(This release has been published on Global Market Post. Global Market Post is not responsible for any content included in this release.)
