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Combined Cycle Aeroderivative Gas Turbine Market Share

Report ID: GMI10146
Published Date: Jul 2024
Report Format: PDF

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Combined Cycle Aeroderivative Gas Turbine Market Share

Combined Cycle Aeroderivative Gas Turbine Market Company Market Share Analysis, 2023

MAN Energy Solutions produces & markets large-bore diesel engines, gas engines, and turbomachinery. The company deals with the design and manufacturing of two-stroke & four-stroke engines, gas turbines, expanders, compressors, and steam turbines. Its product portfolio comprises turbochargers, propellers, gas engines, process industries, chemical reactors, turbomachinery units for the oil & gas industry, and power plant solutions. The company also offers marine solutions in reference to emissions, operations, and efficiency.

Combined Cycle Aeroderivative Gas Turbine Market Companies

The key industry players include:

Ansaldo Energia
Baker Hughes Company
Bharat Heavy Electricals Limited (BHEL)
Capstone Green Energy Corporation
Destinus Energy
General Electric
Kawasaki Heavy Industries, Ltd.
MAN Energy Solutions
Mitsubishi Heavy Industries Ltd.
Nanjing Steam Turbine Motor (Group) Co., Ltd.
Pratt & Whitney
Rolls-Royce plc
Siemens Energy
United Engine Corporation JSC
VERICOR
Wartsila

Authors: Ankit Gupta, Saurabh Singh

Frequently Asked Questions (FAQ) :

Combined cycle aeroderivative gas turbine market size was USD 3.5 billion in 2023 and will exhibit 6.1% CAGR from 2024 to 2032, attributed to the rising demand for efficient and flexible power generation, and the increasing emphasis on reducing greenhouse gas emissions.

The power plants segment will record 6% CAGR through 2032 due to the increasing demand for efficient and flexible power generation solutions.

Asia Pacific combined cycle aeroderivative gas turbine industry will exceed USD 2 billion by 2032, fueled by significant investments in energy infrastructure, rapid industrialization and urbanization coupled with favorable government policies promoting clean energy.

Major firms operating in combined cycle aeroderivative gas turbine industry are Baker Hughes Company, Bharat Heavy Electricals Limited (BHEL), Capstone Green Energy Corporation, General Electric, Kawasaki Heavy Industries, Ltd., MAN Energy Solutions, Mitsubishi Heavy Industries Ltd., Nanjing Steam Turbine Motor (Group) Co., Ltd., Pratt & Whitney, Rolls-Royce plc, and Siemens Energy, among others.