Gas Turbine Distributed Energy Generation Market Size, Competitive Landscape and Market Forecast - 2029

SKU: DMEP91 | Last Updated On: Jun 09 2022 | Available Formats

> Global Gas Turbine Distributed Energy Generation Market Expected to reach a high CAGR of 8% during the forecast period 2022-2029: DataM Intelligence

Global Gas Turbine Distributed Energy Generation Market is segmented By Gas Turbine Design (Heavy-Duty Gas Turbines, Aeroderivative gas turbines), By End-User (Industrial, Residential, Commercial, Others), By Application (On-Grid, Off-Grid), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

 

Market Overview

The Global "Gas Turbine Distributed Energy Generation Market" is expected to grow at a CAGR of 8% during the forecasting period (2022-2029).

  • The Gas Turbine Distributed Energy Generation Market is growing by virtue of two main driving factors.
  • Increasing efficiency and durability of gas turbines in power distributed energy generation and
  • Increasing regulations on carbon emissions. In addition, the rising demand for clean energy power generation has led to a shift towards distributed generation technologies, hence boosting the growth of the market.

About Gas turbines

  • Gas turbines compress air and ignite it using a gaseous fuel, which can be natural gas, hydrogen, biologically-derived gases, or gasified solids such as coal or biomass.
  • Smaller distributed gas turbines can be used in standalone applications or in CHP applications that provide electricity and high-pressure steam to commercial and industrial facilities. Gas turbines have the advantage of providing higher pressure steam and are capable of producing a greater amount of power in a given space.

Segmentation of Global Gas Turbine Distributed Energy Generation Market

  • The global Gas Turbine Distributed Energy Generation market is segmented based on different parameters into the following categories

By End-User

  • Industrial,
  • Residential,
  • Commercial, and
  • Others

By application Design

  • Heavy-Duty Gas Turbines and
  • Aeroderivative gas turbines

By application

  • On-Grid and
  • Off-Grid.

Gas Turbine Distributed Energy Generation Market By Geography,

  • North America,
  • Asia-Pacific, Europe,
  • South America, and
  • RoW

Major players in the global gas turbine distributed energy generation market

  • Some leading players in Gas Turbine Distributed Energy Generation are ABB, Siemens, GE, Alstom, and Mitsubishi Heavy Industries.

Latest developments in the market

  • In Aug 2017, Siemens developed its HL-class gas turbine technology for higher power plant efficiency.
  • In Jun 2017, GE introduced the first GE 9HA gas turbine in the Russia/CIS region which has doubled the power generating capacity.

Scope of the Gas Turbine Distributed Energy Generation Market report

  • The report covers the factors impacting the market, Porter 5 Forces, Market Share Analysis, Price trend analysis, Product Benchmarking, and company profiles.
  • It also profiles the major players in the market including ABB, Siemens, Alstom, Capstone Turbine Corporation (CPST), GE, Wood Group, and Schneider Electric. The report documents the profiles of Mitsubishi Heavy Industries Ltd, Caterpillar, Ansaldo Energia SpA, and Fuelcell Energy.

Key contents of the report

  • Visualize the composition of the Gas Turbine Distributed Energy Generation market across each indication, in terms of type and applications, highlighting the key commercial assets and players.
    • Identification of commercial opportunities in Gas Turbine Distributed Energy Generation by analyzing trends and co-development deals.
    • A Comprehensive study on Gas Turbine Distributed Energy Generation market
    • Excel data sheet with thousands of data points of the Gas Turbine Distributed Energy Generation market-level 4/5 segmentation
    • PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study
    • Product mapping in excel for the key Gas Turbine Distributed Energy Generation products of all major market players

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