Europe Industrial Gas Turbine Market Size- By Capacity, By Type, By Application- Regional Outlook, Competitive Strategies and Segment Forecast to 2033
Europe Industrial Gas Turbine Market Introduction and Overview
According to SPER market research, ‘Europe Industrial Gas Turbine Market Size- By Capacity, By Type, By Application – Regional Outlook, Competitive Strategies and Segment Forecast to 2033’ state that the Europe Industrial Gas Turbine Market is predicted to reach USD 3.01 billion by 2033 with a CAGR of 5.29%.
A combustion engine that produces mechanical energy from different fuels, such as liquid or natural gas, is an industrial gas turbine. Electric energy is produced by an integrated generator that is powered by this mechanical energy. Gas turbines that fuel gas or oil have replaced the outdated gas-fired and oil-fired steam power plants with more efficient combined-cycle power plants
The COVID-19 epidemic has had a major impact on Europe’s industrial gas turbine industry, bringing with it both opportunities and challenges. Initially, there was a halt to new installations and a delay in project completion in various industries because of the significant disruptions in supply chains, the lack of people, and the temporary shutdown of industrial facilities. One of the main obstacles to the gas turbine market forecast was the decline in energy usage, especially in industries like manufacturing and aviation.
Scope of the Report:
Report Metric Details
Market size available for years 2020-2033
Base year considered 2023
Forecast period 2024-2033
Segments covered By Capacity, By Type, By Application
Regions covered UK, France, Germany, Italy, Spain, Rest of Europe
Companies Covered
Ansaldo Energia SpA, General Electric Company, Harbin Electric International Company Limited, Kawasaki Heavy Industries Ltd, Man Diesel and Turbo SE, Mitsubishi Heavy Industries Ltd, Siemens AG, Solar Turbines, and others.
Europe Industrial Gas Turbine Market Segmentation:
By Capacity: Based on the Capacity, Europe Industrial Gas Turbine Market is segmented as; 1 to 40 MW, 41 to 120 MW, 121 to 300 MW, Above 300 MW.
By Type:Based on the Type, Europe Industrial Gas Turbine Market is segmented as; Combined Cycle, Simple Cycle.
By Application:Based on the Application, Europe Industrial Gas Turbine Market is segmented as; Power, Oil and Gas, Others.
By Region:This research also includes data for UK, France, Germany, Italy, Spain, Rest of Europe.
- 1. Introduction
- 1.1. Scope of the report
- 1.2. Market segment analysis
- 2. Research Methodology
- 2.1. Research data source
- 2.1.1. Secondary Data
- 2.1.2. Primary Data
- 2.1.3. SPER’s internal database
- 2.1.4. Premium insight from KOL’s
- 2.2. Market size estimation
- 2.2.1. Top-down and Bottom-up approach
- 2.3. Data triangulation
- 3. Executive Summary
- 4. Market Dynamics
- 4.1. Driver, Restraint, Opportunity and Challenges analysis
- 4.1.1. Drivers
- 4.1.2. Restraints
- 4.1.3. Opportunities
- 4.1.4. Challenges
- 4.2. COVID-19 Impacts of the Europe Industrial Gas Turbine Market
- 5. Market variable and outlook
- 5.1. SWOT Analysis
- 5.1.1. Strengths
- 5.1.2. Weaknesses
- 5.1.3. Opportunities
- 5.1.4. Threats
- 5.2. PESTEL Analysis
- 5.2.1. Political Landscape
- 5.2.2. Economic Landscape
- 5.2.3. Social Landscape
- 5.2.4. Technological Landscape
- 5.2.5. Environmental Landscape
- 5.2.6. Legal Landscape
- 5.3. PORTER’s Five Forces
- 5.3.1. Bargaining power of suppliers
- 5.3.2. Bargaining power of buyers
- 5.3.3. Threat of Substitute
- 5.3.4. Threat of new entrant
- 5.3.5. Competitive rivalry
- 5.4. Heat Map Analysis
- 6. Competitive Landscape
- 6.1. Europe Industrial Gas Turbine Market Manufacturing Base Distribution, Sales Area, Product Type
- 6.2. Mergers & Acquisitions, Partnerships, Product Launch, and Collaboration in Europe Industrial Gas Turbine Market
- 7. Europe Industrial Gas Turbine Market, By Capacity (USD Million) 2020-2033
- 7.1. Europe Industrial Gas Turbine Market Size, Share and Forecast, By Capacity, 2020-2026
- 7.2. Europe Industrial Gas Turbine Market Size, Share and Forecast, By Capacity, 2027-2033
- 7.3. 1 to 40 MW
- 7.4. 41 to 120 MW
- 7.5. 121 to 300 MW
- 7.6. Above 300 MW
- 8. Europe Industrial Gas Turbine Market, By Type (USD Million) 2020-2033
- 8.1. Europe Industrial Gas Turbine Market Size, Share and Forecast, By Type, 2020-2026
- 8.2. Europe Industrial Gas Turbine Market Size, Share and Forecast, By Type, 2027-2033
- 8.3. Combined Cycle
- 8.4. Simple Cycle
- 9. Europe Industrial Gas Turbine Market, By Application (USD Million) 2020-2033
- 9.1. Europe Industrial Gas Turbine Market Size, Share and Forecast, By Application, 2020-2026
- 9.2. Europe Industrial Gas Turbine Market Size, Share and Forecast, By Application, 2027-2033
- 9.3. Power
- 9.4. Oil and Gas
- 9.5. Others
- 10. Europe Industrial Gas Turbine Market Forecast, 2020-2033 (USD Million)
- 10.1. Europe Industrial Gas Turbine Market Size and Market Share
- 11. Europe Industrial Gas Turbine Market, By Region, 2020-2033 (USD Million)
- 11.1. Europe Industrial Gas Turbine Market Size and Market Share By Region (2020-2026)
- 11.2. Europe Industrial Gas Turbine Market Size and Market Share By Region (2027-2033)
- 11.3. France
- 11.4. Germany
- 11.5. Italy
- 11.6. United Kingdom
- 11.7. Rest of Europe
- 12. Company Profile
- 12.1. Ansaldo Energia SpA
- 12.1.1. Company details
- 12.1.2. Financial outlook
- 12.1.3. Product summary
- 12.1.4. Recent developments
- 12.2. Bharat Heavy Electricals Limited
- 12.2.1. Company details
- 12.2.2. Financial outlook
- 12.2.3. Product summary
- 12.2.4. Recent developments
- 12.3. General Electric Company
- 12.3.1. Company details
- 12.3.2. Financial outlook
- 12.3.3. Product summary
- 12.3.4. Recent developments
- 12.4. Harbin Electric International Company Limited
- 12.4.1. Company details
- 12.4.2. Financial outlook
- 12.4.3. Product summary
- 12.4.4. Recent developments
- 12.5. Kawasaki Heavy Industries Ltd
- 12.5.1. Company details
- 12.5.2. Financial outlook
- 12.5.3. Product summary
- 12.5.4. Recent developments
- 12.6. Man Diesel and Turbo SE
- 12.6.1. Company details
- 12.6.2. Financial outlook
- 12.6.3. Product summary
- 12.6.4. Recent developments
- 12.7. Mitsubishi Heavy Industries Ltd
- 12.7.1. Company details
- 12.7.2. Financial outlook
- 12.7.3. Product summary
- 12.7.4. Recent developments
- 12.8. Siemens AG
- 12.8.1. Company details
- 12.8.2. Financial outlook
- 12.8.3. Product summary
- 12.8.4. Recent developments
- 12.9. Solar Turbines
- 12.9.1. Company details
- 12.9.2. Financial outlook
- 12.9.3. Product summary
- 12.9.4. Recent developments
- 12.10. Others
- 13. List of Abbreviations
- 14. Reference Links
- 15. Conclusion
- 16. Research Scope
Research Assistance
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