Global Industrial Gas Turbine Ignition System Market 2024-2028
Global Industrial Gas Turbine Ignition System Market 2024-2028
The industrial gas turbine ignition system market is forecasted to grow by USD 2126.8 mn during 2023-2028, accelerating at a CAGR of 10.03% during the forecast period. The report on the industrial gas turbine ignition system market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by operational efficiencies associated with industrial gas turbines, high cost efficiency, and growing power generation sector.
Technavio's industrial gas turbine ignition system market is segmented as below:
By Application
- Power generation
- Mechanical drive
- APAC
- North America
- Europe
- Middle East and Africa
- South America
The report on the industrial gas turbine ignition system market covers the following areas:
- Industrial gas turbine ignition system market sizing
- Industrial gas turbine ignition system market forecast
- Industrial gas turbine ignition system market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
- 1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market By Geographical Landscape
- Executive Summary - Chart on Market Segmentation by Application
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
- 2 Market Landscape
- 2.1 Market ecosystem
- Parent Market
- Data Table on - Parent Market
- 2.2 Market characteristics
- Market characteristics analysis
- 2.3 Value chain analysis
- Value Chain Analysis
- 3 Market Sizing
- 3.1 Market definition
- Offerings of companies included in the market definition
- 3.2 Market segment analysis
- Market segments
- 3.3 Market size 2023
- 3.4 Market outlook: Forecast for 2023-2028
- Chart on Global - Market size and forecast 2023-2028 ($ million)
- Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- 4 Historic Market Size
- 4.1 Global Industrial Gas Turbine Ignition System Market 2018 - 2022
- Historic Market Size - Data Table on Global Industrial Gas Turbine Ignition System Market 2018 - 2022 ($ million)
- 4.2 Application segment analysis 2018 - 2022
- Historic Market Size - Application Segment 2018 - 2022 ($ million)
- 4.3 Geography segment analysis 2018 - 2022
- Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- 4.4 Country segment analysis 2018 - 2022
- Historic Market Size - Country Segment 2018 - 2022 ($ million)
- 5 Five Forces Analysis
- 5.1 Five forces summary
- Five forces analysis - Comparison between 2023 and 2028
- 5.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2023 and 2028
- 5.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- 5.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2023 and 2028
- 5.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2023 and 2028
- 5.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2023 and 2028
- 5.7 Market condition
- Chart on Market condition - Five forces 2023 and 2028
- 6 Market Segmentation by Application
- 6.1 Market segments
- Chart on Application - Market share 2023-2028 (%)
- Data Table on Application - Market share 2023-2028 (%)
- 6.2 Comparison by Application
- Chart on Comparison by Application
- Data Table on Comparison by Application
- 6.3 Power generation - Market size and forecast 2023-2028
- Chart on Power generation - Market size and forecast 2023-2028 ($ million)
- Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
- Chart on Power generation - Year-over-year growth 2023-2028 (%)
- Data Table on Power generation - Year-over-year growth 2023-2028 (%)
- 6.4 Mechanical drive - Market size and forecast 2023-2028
- Chart on Mechanical drive - Market size and forecast 2023-2028 ($ million)
- Data Table on Mechanical drive - Market size and forecast 2023-2028 ($ million)
- Chart on Mechanical drive - Year-over-year growth 2023-2028 (%)
- Data Table on Mechanical drive - Year-over-year growth 2023-2028 (%)
- 6.5 Market opportunity by Application
- Market opportunity by Application ($ million)
- Data Table on Market opportunity by Application ($ million)
- 7 Customer Landscape
- 7.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 8 Geographic Landscape
- 8.1 Geographic segmentation
- Chart on Market share By Geographical Landscape 2023-2028 (%)
- Data Table on Market share By Geographical Landscape 2023-2028 (%)
- 8.2 Geographic comparison
- Chart on Geographic comparison
- Data Table on Geographic comparison
- 8.3 APAC - Market size and forecast 2023-2028
- Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Chart on APAC - Year-over-year growth 2023-2028 (%)
- Data Table on APAC - Year-over-year growth 2023-2028 (%)
- 8.4 North America - Market size and forecast 2023-2028
- Chart on North America - Market size and forecast 2023-2028 ($ million)
- Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Chart on North America - Year-over-year growth 2023-2028 (%)
- Data Table on North America - Year-over-year growth 2023-2028 (%)
- 8.5 Europe - Market size and forecast 2023-2028
- Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Chart on Europe - Year-over-year growth 2023-2028 (%)
- Data Table on Europe - Year-over-year growth 2023-2028 (%)
- 8.6 Middle East and Africa - Market size and forecast 2023-2028
- Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- 8.7 South America - Market size and forecast 2023-2028
- Chart on South America - Market size and forecast 2023-2028 ($ million)
- Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Chart on South America - Year-over-year growth 2023-2028 (%)
- Data Table on South America - Year-over-year growth 2023-2028 (%)
- 8.8 China - Market size and forecast 2023-2028
- Chart on China - Market size and forecast 2023-2028 ($ million)
- Data Table on China - Market size and forecast 2023-2028 ($ million)
- Chart on China - Year-over-year growth 2023-2028 (%)
- Data Table on China - Year-over-year growth 2023-2028 (%)
- 8.9 US - Market size and forecast 2023-2028
- Chart on US - Market size and forecast 2023-2028 ($ million)
- Data Table on US - Market size and forecast 2023-2028 ($ million)
- Chart on US - Year-over-year growth 2023-2028 (%)
- Data Table on US - Year-over-year growth 2023-2028 (%)
- 8.10 India - Market size and forecast 2023-2028
- Chart on India - Market size and forecast 2023-2028 ($ million)
- Data Table on India - Market size and forecast 2023-2028 ($ million)
- Chart on India - Year-over-year growth 2023-2028 (%)
- Data Table on India - Year-over-year growth 2023-2028 (%)
- 8.11 Brazil - Market size and forecast 2023-2028
- Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- 8.12 Germany - Market size and forecast 2023-2028
- Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Chart on Germany - Year-over-year growth 2023-2028 (%)
- Data Table on Germany - Year-over-year growth 2023-2028 (%)
- 8.13 Market opportunity By Geographical Landscape
- Market opportunity By Geographical Landscape ($ million)
- Data Tables on Market opportunity By Geographical Landscape ($ million)
- 9 Drivers, Challenges, and Opportunity/Restraints
- 9.1 Market drivers
- 9.2 Market challenges
- 9.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2023 and 2028
- 9.4 Market opportunities/restraints
- 10 Competitive Landscape
- 10.1 Overview
- 10.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 10.3 Landscape disruption
- Overview on factors of disruption
- 10.4 Industry risks
- Impact of key risks on business
- 11 Competitive Analysis
- 11.1 Companies profiled
- Companies covered
- 11.2 Market positioning of companies
- Matrix on companies position and classification
- 11.3 Ansaldo Energia Spa
- Ansaldo Energia Spa - Overview
- Ansaldo Energia Spa - Product / Service
- Ansaldo Energia Spa - Key offerings
- 11.4 Champion Aerospace LLC
- Champion Aerospace LLC - Overview
- Champion Aerospace LLC - Product / Service
- Champion Aerospace LLC - Key news
- Champion Aerospace LLC - Key offerings
- 11.5 General Electric Co.
- General Electric Co. - Overview
- General Electric Co. - Business segments
- General Electric Co. - Key news
- General Electric Co. - Key offerings
- General Electric Co. - Segment focus
- 11.6 Kawasaki Heavy Industries Ltd.
- Kawasaki Heavy Industries Ltd. - Overview
- Kawasaki Heavy Industries Ltd. - Business segments
- Kawasaki Heavy Industries Ltd. - Key news
- Kawasaki Heavy Industries Ltd. - Key offerings
- Kawasaki Heavy Industries Ltd. - Segment focus
- 11.7 MAN Energy Solutions SE
- MAN Energy Solutions SE - Overview
- MAN Energy Solutions SE - Product / Service
- MAN Energy Solutions SE - Key offerings
- 11.8 Meggitt Plc
- Meggitt Plc - Overview
- Meggitt Plc - Business segments
- Meggitt Plc - Key news
- Meggitt Plc - Key offerings
- Meggitt Plc - Segment focus
- 11.9 Mitsubishi Heavy Industries Ltd.
- Mitsubishi Heavy Industries Ltd. - Overview
- Mitsubishi Heavy Industries Ltd. - Business segments
- Mitsubishi Heavy Industries Ltd. - Key news
- Mitsubishi Heavy Industries Ltd. - Key offerings
- Mitsubishi Heavy Industries Ltd. - Segment focus
- 11.10 Siemens AG
- Siemens AG - Overview
- Siemens AG - Business segments
- Siemens AG - Key news
- Siemens AG - Key offerings
- Siemens AG - Segment focus
- 11.11 Tenneco Inc.
- Tenneco Inc. - Overview
- Tenneco Inc. - Product / Service
- Tenneco Inc. - Key news
- Tenneco Inc. - Key offerings
- 11.12 Woodward Inc.
- Woodward Inc. - Overview
- Woodward Inc. - Business segments
- Woodward Inc. - Key news
- Woodward Inc. - Key offerings
- Woodward Inc. - Segment focus
- 12 Appendix
- 12.1 Scope of the report
- 12.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 12.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 12.4 Research methodology
- Research methodology
- 12.5 Data procurement
- Information sources
- 12.6 Data validation
- Data validation
- 12.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 12.8 Data synthesis
- Data synthesis
- 12.9 360 degree market analysis
- 360 degree market analysis
- 12.10 List of abbreviations
- List of abbreviations
- Exhibits:
- Exhibits1: Executive Summary - Chart on Market Overview
- Exhibits2: Executive Summary - Data Table on Market Overview
- Exhibits3: Executive Summary - Chart on Global Market Characteristics
- Exhibits4: Executive Summary - Chart on Market By Geographical Landscape
- Exhibits5: Executive Summary - Chart on Market Segmentation by Application
- Exhibits6: Executive Summary - Chart on Incremental Growth
- Exhibits7: Executive Summary - Data Table on Incremental Growth
- Exhibits8: Executive Summary - Chart on Company Market Positioning
- Exhibits9: Parent Market
- Exhibits10: Data Table on - Parent Market
- Exhibits11: Market characteristics analysis
- Exhibits12: Value Chain Analysis
- Exhibits13: Offerings of companies included in the market definition
- Exhibits14: Market segments
- Exhibits15: Chart on Global - Market size and forecast 2023-2028 ($ million)
- Exhibits16: Data Table on Global - Market size and forecast 2023-2028 ($ million)
- Exhibits17: Chart on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits18: Data Table on Global Market: Year-over-year growth 2023-2028 (%)
- Exhibits19: Historic Market Size - Data Table on Global Industrial Gas Turbine Ignition System Market 2018 - 2022 ($ million)
- Exhibits20: Historic Market Size - Application Segment 2018 - 2022 ($ million)
- Exhibits21: Historic Market Size - Geography Segment 2018 - 2022 ($ million)
- Exhibits22: Historic Market Size - Country Segment 2018 - 2022 ($ million)
- Exhibits23: Five forces analysis - Comparison between 2023 and 2028
- Exhibits24: Bargaining power of buyers - Impact of key factors 2023 and 2028
- Exhibits25: Bargaining power of suppliers - Impact of key factors in 2023 and 2028
- Exhibits26: Threat of new entrants - Impact of key factors in 2023 and 2028
- Exhibits27: Threat of substitutes - Impact of key factors in 2023 and 2028
- Exhibits28: Threat of rivalry - Impact of key factors in 2023 and 2028
- Exhibits29: Chart on Market condition - Five forces 2023 and 2028
- Exhibits30: Chart on Application - Market share 2023-2028 (%)
- Exhibits31: Data Table on Application - Market share 2023-2028 (%)
- Exhibits32: Chart on Comparison by Application
- Exhibits33: Data Table on Comparison by Application
- Exhibits34: Chart on Power generation - Market size and forecast 2023-2028 ($ million)
- Exhibits35: Data Table on Power generation - Market size and forecast 2023-2028 ($ million)
- Exhibits36: Chart on Power generation - Year-over-year growth 2023-2028 (%)
- Exhibits37: Data Table on Power generation - Year-over-year growth 2023-2028 (%)
- Exhibits38: Chart on Mechanical drive - Market size and forecast 2023-2028 ($ million)
- Exhibits39: Data Table on Mechanical drive - Market size and forecast 2023-2028 ($ million)
- Exhibits40: Chart on Mechanical drive - Year-over-year growth 2023-2028 (%)
- Exhibits41: Data Table on Mechanical drive - Year-over-year growth 2023-2028 (%)
- Exhibits42: Market opportunity by Application ($ million)
- Exhibits43: Data Table on Market opportunity by Application ($ million)
- Exhibits44: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Exhibits45: Chart on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits46: Data Table on Market share By Geographical Landscape 2023-2028 (%)
- Exhibits47: Chart on Geographic comparison
- Exhibits48: Data Table on Geographic comparison
- Exhibits49: Chart on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibits50: Data Table on APAC - Market size and forecast 2023-2028 ($ million)
- Exhibits51: Chart on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits52: Data Table on APAC - Year-over-year growth 2023-2028 (%)
- Exhibits53: Chart on North America - Market size and forecast 2023-2028 ($ million)
- Exhibits54: Data Table on North America - Market size and forecast 2023-2028 ($ million)
- Exhibits55: Chart on North America - Year-over-year growth 2023-2028 (%)
- Exhibits56: Data Table on North America - Year-over-year growth 2023-2028 (%)
- Exhibits57: Chart on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibits58: Data Table on Europe - Market size and forecast 2023-2028 ($ million)
- Exhibits59: Chart on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits60: Data Table on Europe - Year-over-year growth 2023-2028 (%)
- Exhibits61: Chart on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibits62: Data Table on Middle East and Africa - Market size and forecast 2023-2028 ($ million)
- Exhibits63: Chart on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits64: Data Table on Middle East and Africa - Year-over-year growth 2023-2028 (%)
- Exhibits65: Chart on South America - Market size and forecast 2023-2028 ($ million)
- Exhibits66: Data Table on South America - Market size and forecast 2023-2028 ($ million)
- Exhibits67: Chart on South America - Year-over-year growth 2023-2028 (%)
- Exhibits68: Data Table on South America - Year-over-year growth 2023-2028 (%)
- Exhibits69: Chart on China - Market size and forecast 2023-2028 ($ million)
- Exhibits70: Data Table on China - Market size and forecast 2023-2028 ($ million)
- Exhibits71: Chart on China - Year-over-year growth 2023-2028 (%)
- Exhibits72: Data Table on China - Year-over-year growth 2023-2028 (%)
- Exhibits73: Chart on US - Market size and forecast 2023-2028 ($ million)
- Exhibits74: Data Table on US - Market size and forecast 2023-2028 ($ million)
- Exhibits75: Chart on US - Year-over-year growth 2023-2028 (%)
- Exhibits76: Data Table on US - Year-over-year growth 2023-2028 (%)
- Exhibits77: Chart on India - Market size and forecast 2023-2028 ($ million)
- Exhibits78: Data Table on India - Market size and forecast 2023-2028 ($ million)
- Exhibits79: Chart on India - Year-over-year growth 2023-2028 (%)
- Exhibits80: Data Table on India - Year-over-year growth 2023-2028 (%)
- Exhibits81: Chart on Brazil - Market size and forecast 2023-2028 ($ million)
- Exhibits82: Data Table on Brazil - Market size and forecast 2023-2028 ($ million)
- Exhibits83: Chart on Brazil - Year-over-year growth 2023-2028 (%)
- Exhibits84: Data Table on Brazil - Year-over-year growth 2023-2028 (%)
- Exhibits85: Chart on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibits86: Data Table on Germany - Market size and forecast 2023-2028 ($ million)
- Exhibits87: Chart on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits88: Data Table on Germany - Year-over-year growth 2023-2028 (%)
- Exhibits89: Market opportunity By Geographical Landscape ($ million)
- Exhibits90: Data Tables on Market opportunity By Geographical Landscape ($ million)
- Exhibits91: Impact of drivers and challenges in 2023 and 2028
- Exhibits92: Overview on criticality of inputs and factors of differentiation
- Exhibits93: Overview on factors of disruption
- Exhibits94: Impact of key risks on business
- Exhibits95: Companies covered
- Exhibits96: Matrix on companies position and classification
- Exhibits97: Ansaldo Energia Spa - Overview
- Exhibits98: Ansaldo Energia Spa - Product / Service
- Exhibits99: Ansaldo Energia Spa - Key offerings
- Exhibits100: Champion Aerospace LLC - Overview
- Exhibits101: Champion Aerospace LLC - Product / Service
- Exhibits102: Champion Aerospace LLC - Key news
- Exhibits103: Champion Aerospace LLC - Key offerings
- Exhibits104: General Electric Co. - Overview
- Exhibits105: General Electric Co. - Business segments
- Exhibits106: General Electric Co. - Key news
- Exhibits107: General Electric Co. - Key offerings
- Exhibits108: General Electric Co. - Segment focus
- Exhibits109: Kawasaki Heavy Industries Ltd. - Overview
- Exhibits110: Kawasaki Heavy Industries Ltd. - Business segments
- Exhibits111: Kawasaki Heavy Industries Ltd. - Key news
- Exhibits112: Kawasaki Heavy Industries Ltd. - Key offerings
- Exhibits113: Kawasaki Heavy Industries Ltd. - Segment focus
- Exhibits114: MAN Energy Solutions SE - Overview
- Exhibits115: MAN Energy Solutions SE - Product / Service
- Exhibits116: MAN Energy Solutions SE - Key offerings
- Exhibits117: Meggitt Plc - Overview
- Exhibits118: Meggitt Plc - Business segments
- Exhibits119: Meggitt Plc - Key news
- Exhibits120: Meggitt Plc - Key offerings
- Exhibits121: Meggitt Plc - Segment focus
- Exhibits122: Mitsubishi Heavy Industries Ltd. - Overview
- Exhibits123: Mitsubishi Heavy Industries Ltd. - Business segments
- Exhibits124: Mitsubishi Heavy Industries Ltd. - Key news
- Exhibits125: Mitsubishi Heavy Industries Ltd. - Key offerings
- Exhibits126: Mitsubishi Heavy Industries Ltd. - Segment focus
- Exhibits127: Siemens AG - Overview
- Exhibits128: Siemens AG - Business segments
- Exhibits129: Siemens AG - Key news
- Exhibits130: Siemens AG - Key offerings
- Exhibits131: Siemens AG - Segment focus
- Exhibits132: Tenneco Inc. - Overview
- Exhibits133: Tenneco Inc. - Product / Service
- Exhibits134: Tenneco Inc. - Key news
- Exhibits135: Tenneco Inc. - Key offerings
- Exhibits136: Woodward Inc. - Overview
- Exhibits137: Woodward Inc. - Business segments
- Exhibits138: Woodward Inc. - Key news
- Exhibits139: Woodward Inc. - Key offerings
- Exhibits140: Woodward Inc. - Segment focus
- Exhibits141: Inclusions checklist
- Exhibits142: Exclusions checklist
- Exhibits143: Currency conversion rates for US$
- Exhibits144: Research methodology
- Exhibits145: Information sources
- Exhibits146: Data validation
- Exhibits147: Validation techniques employed for market sizing
- Exhibits148: Data synthesis
- Exhibits149: 360 degree market analysis
- Exhibits150: List of abbreviations
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