Hydrogen Gas Turbine Market (Type: Turbojet, Turbofan, Turboprop, and Turboshaft; and Design Type: Heavy-duty Gas Turbines, and Aero Derivative Gas Turbines) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Hydrogen Gas Turbine Market (Type: Turbojet, Turbofan, Turboprop, and Turboshaft; and Design Type: Heavy-duty Gas Turbines, and Aero Derivative Gas Turbines) - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2023-2031
Hydrogen Gas Turbine Market – Scope of Report
TMR’s report on the global Hydrogen Gas Turbine Market studies the past as well as the current growth trends and opportunities to gain valuable insights of the indicators of the market during the forecast period from 2023 to 2031. The report provides revenue of the global Hydrogen Gas Turbine Market for the period 2017–2031, considering 2023 as the base year and 2031 as the forecast year. The report also provides the compound annual growth rate (CAGR %) of the global Hydrogen Gas Turbine Market from 2023 to 2031.
The report has been prepared after an extensive research. Primary research involved bulk of the research efforts, wherein analysts carried out interviews with key opinion leaders, industry leaders, and opinion makers. Secondary research involved referring to key players’ product literature, annual reports, press releases, and relevant documents to understand the Hydrogen Gas Turbine Market.
Secondary research also included Internet sources, statistical data from government agencies, websites, and trade associations. Analysts employed a combination of top-down and bottom-up approaches to study various attributes of the global Hydrogen Gas Turbine Market.
The report includes an elaborate executive summary, along with a snapshot of the growth behavior of various segments included in the scope of the study. Moreover, the report throws light on the changing competitive dynamics in the global Hydrogen Gas Turbine Market. These serve as valuable tools for existing market players as well as for entities interested in participating in the global Hydrogen Gas Turbine Market.
The report delves into the competitive landscape of the global Hydrogen Gas Turbine Market. Key players operating in the global Hydrogen Gas Turbine Market have been identified and each one of these has been profiled in terms of various attributes. Company overview, financial standings, recent developments, and SWOT are the attributes of players in the global Hydrogen Gas Turbine Market profiled in this report.
Key Questions Answered in Global Hydrogen Gas Turbine Market Report
What is the sales/revenue generated by mobile photo printer across all regions during the forecast period?
What are the opportunities in the global Hydrogen Gas Turbine Market?
What are the major drivers, restraints, opportunities, and threats in the market?
Which regional market is set to expand at the fastest CAGR during the forecast period?
Which segment is expected to generate the highest revenue globally in 2031?
Which segment is projected to expand at the highest CAGR during the forecast period?
What are the market positions of different companies operating in the global market?
Hydrogen Gas Turbine Market – Research Objectives and Research Approach
The comprehensive report on the global Hydrogen Gas Turbine Market begins with an overview, followed by the scope and objectives of the study. The report provides detailed explanation of the objectives behind this study and key vendors and distributors operating in the market and regulatory scenario for approval of products.
For reading comprehensibility, the report has been compiled in a chapter-wise layout, with each section divided into smaller ones. The report comprises an exhaustive collection of graphs and tables that are appropriately interspersed. Pictorial representation of actual and projected values of key segments is visually appealing to readers. This also allows comparison of the market shares of key segments in the past and at the end of the forecast period.
The report analyzes the global Hydrogen Gas Turbine Market in terms of product, end-user, and region. Key segments under each criterion have been studied at length, and the market share for each of these at the end of 2031 has been provided. Such valuable insights enable market stakeholders in making informed business decisions for investment in the global Hydrogen Gas Turbine.
1. Preface
1.1. Market Definition and Scope
1.2. Market Segmentation
1.3. Key Research Objectives
1.4. Research Highlights
2. Assumptions
3. Research Methodology
4. Executive Summary
5. Market Overview
5.1. Introduction
5.2. Market Dynamics
5.2.1. Drivers
5.2.2. Restraints
5.2.3. Opportunities
5.3. Key Trends Analysis
5.3.1. Demand Side Analysis
5.3.2. Supply Side Analysis
5.4. Raw Material Analysis
5.5. Key Market Indicators
5.6. Porter’s Five Forces Analysis
5.7. Industry SWOT Analysis
5.8. Value Chain Analysis
5.9. Global Hydrogen Gas Turbine Market Analysis and Forecast, 2017 - 2031
5.9.1. Market Value Projections (US$ Bn)
5.9.2. Market Volume Projections (Thousand Units)
6. Global Hydrogen Gas Turbine Market Analysis and Forecast, By Type
6.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Type, 2017 - 2031
6.1.1. Turbojet
6.1.2. Turbofan
6.1.3. Turboprop
6.1.4. Turboshaft
6.2. Incremental Opportunity, By Type
7. Global Hydrogen Gas Turbine Market Analysis and Forecast, By Design Type
7.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Design Type, 2017 - 2031
7.1.1. Heavy-duty gas turbines
7.1.2. Aero derivative gas turbines
7.2. Incremental Opportunity, By Design Type
8. Global Hydrogen Gas Turbine Market Analysis and Forecast, By Rating Capacity
8.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Rating Capacity, 2017 - 2031
8.1.1. Less than 60 MW
8.1.2. 60-150 MW
8.1.3. 150-300 MW
8.1.4. 300-400 MW
8.1.5. Above 400 MW
8.2. Incremental Opportunity, By Rating Capacity
9. Global Hydrogen Gas Turbine Market Analysis and Forecast, By H2 Fuel Composition
9.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By H2 Fuel Composition, 2017 - 2031
9.1.1. Up to 20%
9.1.2. 20% to 60%
9.1.3. 60% to 100%
9.2. Incremental Opportunity, By H2 Fuel Composition
10. Global Hydrogen Gas Turbine Market Analysis and Forecast, By Application
10.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
10.1.1. Steel Mills
10.1.2. Oil & Gas
10.1.3. Aerospace & Defense
10.1.4. Refineries
10.1.5. Petrochemical
10.1.6. Power generation
10.1.7. Others
10.2. Incremental Opportunity, By Application
11. Global Hydrogen Gas Turbine Market Analysis and Forecast, By Distribution Channel
11.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
11.1.1. Direct Sales
11.1.2. Indirect Sales
11.2. Incremental Opportunity, By Distribution Channel
12. Global Hydrogen Gas Turbine Market Analysis and Forecast, By Region
12.1. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Region, 2017 - 2031
12.1.1. North America
12.1.2. Europe
12.1.3. Asia Pacific
12.1.4. Middle East & Africa
12.1.5. South America
12.2. Incremental Opportunity, By Region
13. North America Hydrogen Gas Turbine Market Analysis and Forecast
13.1. Regional Snapshot
13.2. Design Type Trend Analysis
13.2.1. Weighted Average Design Type
13.3. Key Trends Analysis
13.3.1. Demand Side Analysis
13.3.2. Supply Side Analysis
13.4. Key Supplier Analysis
13.5. Consumer Buying Behavior Analysis
13.6. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Type, 2017 - 2031
13.6.1. Turbojet
13.6.2. Turbofan
13.6.3. Turboprop
13.6.4. Turboshaft
13.7. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Design Type, 2017 - 2031
13.7.1. Heavy-duty gas turbines
13.7.2. Aero derivative gas turbines
13.8. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Rating Capacity, 2017 - 2031
13.8.1. Less than 60 MW
13.8.2. 60-150 MW
13.8.3. 150-300 MW
13.8.4. 300-400 MW
13.8.5. Above 400 MW
13.9. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By H2 Fuel Composition, 2017 - 2031
13.9.1. Up to 20%
13.9.2. 20% to 60%
13.9.3. 60% to 100%
13.10. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
13.10.1. Steel Mills
13.10.2. Oil & Gas
13.10.3. Aerospace & Defense
13.10.4. Refineries
13.10.5. Petrochemical
13.10.6. Power generation
13.10.7. Others
13.11. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
13.11.1. Direct Sales
13.11.2. Indirect Sales
13.12. Hydrogen Gas Turbine Market Size (US$ Bn) (Thousand Units) Forecast, by Country/Sub-region, 2017 - 2027
13.12.1. U.S.
13.12.2. Canada
13.12.3. Rest of North America
13.13. Incremental Opportunity Analysis
14. Europe Hydrogen Gas Turbine Market Analysis and Forecast
14.1. Regional Snapshot
14.2. Design Type Trend Analysis
14.2.1. Weighted Average Design Type
14.3. Key Trends Analysis
14.3.1. Demand Side Analysis
14.3.2. Supply Side Analysis
14.4. Key Supplier Analysis
14.5. Consumer Buying Behavior Analysis
14.6. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Type, 2017 - 2031
14.6.1. Turbojet
14.6.2. Turbofan
14.6.3. Turboprop
14.6.4. Turboshaft
14.7. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Design Type, 2017 - 2031
14.7.1. Heavy-duty gas turbines
14.7.2. Aero derivative gas turbines
14.8. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Rating Capacity, 2017 - 2031
14.8.1. Less than 60 MW
14.8.2. 60-150 MW
14.8.3. 150-300 MW
14.8.4. 300-400 MW
14.8.5. Above 400 MW
14.9. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By H2 Fuel Composition, 2017 - 2031
14.9.1. Up to 20%
14.9.2. 20% to 60%
14.9.3. 60% to 100%
14.10. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
14.10.1. Steel Mills
14.10.2. Oil & Gas
14.10.3. Aerospace & Defense
14.10.4. Refineries
14.10.5. Petrochemical
14.10.6. Power generation
14.10.7. Others
14.11. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
14.11.1. Direct Sales
14.11.2. Indirect Sales
14.12. Hydrogen Gas Turbine Market Size (US$ Bn) (Thousand Units) Forecast, by Country/Sub-region, 2017 - 2031
14.12.1. U.K.
14.12.2. Germany
14.12.3. France
14.12.4. Rest of Europe
14.13. Incremental Opportunity Analysis
15. Asia Pacific Hydrogen Gas Turbine Market Analysis and Forecast
15.1. Regional Snapshot
15.2. Design Type Trend Analysis
15.2.1. Weighted Average Design Type
15.3. Key Trends Analysis
15.3.1. Demand Side Analysis
15.3.2. Supply Side Analysis
15.4. Key Supplier Analysis
15.5. Consumer Buying Behavior Analysis
15.6. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Type, 2017 - 2031
15.6.1. Turbojet
15.6.2. Turbofan
15.6.3. Turboprop
15.6.4. Turboshaft
15.7. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Design Type, 2017 - 2031
15.7.1. Heavy-duty gas turbines
15.7.2. Aero derivative gas turbines
15.8. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Rating Capacity, 2017 - 2031
15.8.1. Less than 60 MW
15.8.2. 60-150 MW
15.8.3. 150-300 MW
15.8.4. 300-400 MW
15.8.5. Above 400 MW
15.9. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By H2 Fuel Composition, 2017 - 2031
15.9.1. Up to 20%
15.9.2. 20% to 60%
15.9.3. 60% to 100%
15.10. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
15.10.1. Steel Mills
15.10.2. Oil & Gas
15.10.3. Aerospace & Defense
15.10.4. Refineries
15.10.5. Petrochemical
15.10.6. Power generation
15.10.7. Others
15.11. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
15.11.1. Direct Sales
15.11.2. Indirect Sales
15.12. Hydrogen Gas Turbine Market Size (US$ Bn) (Thousand Units) Forecast, by Country/Sub-region, 2017 - 2031
15.12.1. China
15.12.2. India
15.12.3. Japan
15.12.4. Rest of Asia Pacific
15.13. Incremental Opportunity Analysis
16. Middle East & Africa Hydrogen Gas Turbine Market Analysis and Forecast
16.1. Regional Snapshot
16.2. Design Type Trend Analysis
16.2.1. Weighted Average Design Type
16.3. Key Trends Analysis
16.3.1. Demand Side Analysis
16.3.2. Supply Side Analysis
16.4. Key Supplier Analysis
16.5. Consumer Buying Behavior Analysis
16.6. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Type, 2017 - 2031
16.6.1. Turbojet
16.6.2. Turbofan
16.6.3. Turboprop
16.6.4. Turboshaft
16.7. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Design Type, 2017 - 2031
16.7.1. Heavy-duty gas turbines
16.7.2. Aero derivative gas turbines
16.8. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Rating Capacity, 2017 - 2031
16.8.1. Less than 60 MW
16.8.2. 60-150 MW
16.8.3. 150-300 MW
16.8.4. 300-400 MW
16.8.5. Above 400 MW
16.9. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By H2 Fuel Composition, 2017 - 2031
16.9.1. Up to 20%
16.9.2. 20% to 60%
16.9.3. 60% to 100%
16.10. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
16.10.1. Steel Mills
16.10.2. Oil & Gas
16.10.3. Aerospace & Defense
16.10.4. Refineries
16.10.5. Petrochemical
16.10.6. Power generation
16.10.7. Others
16.11. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
16.11.1. Direct Sales
16.11.2. Indirect Sales
16.12. Hydrogen Gas Turbine Market Size (US$ Bn) (Thousand Units) Forecast, by Country/Sub-region, 2017 - 2031
16.12.1. GCC
16.12.2. South Africa
16.12.3. Rest of Middle East & Africa
16.13. Incremental Opportunity Analysis
17. South America Hydrogen Gas Turbine Market Analysis and Forecast
17.1. Regional Snapshot
17.2. Design Type Trend Analysis
17.2.1. Weighted Average Design Type
17.3. Key Trends Analysis
17.3.1. Demand Side Analysis
17.3.2. Supply Side Analysis
17.4. Key Supplier Analysis
17.5. Consumer Buying Behavior Analysis
17.6. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Type, 2017 - 2031
17.6.1. Turbojet
17.6.2. Turbofan
17.6.3. Turboprop
17.6.4. Turboshaft
17.7. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Design Type, 2017 - 2031
17.7.1. Heavy-duty gas turbines
17.7.2. Aero derivative gas turbines
17.8. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Rating Capacity, 2017 - 2031
17.8.1. Less than 60 MW
17.8.2. 60-150 MW
17.8.3. 150-300 MW
17.8.4. 300-400 MW
17.8.5. Above 400 MW
17.9. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By H2 Fuel Composition, 2017 - 2031
17.9.1. Up to 20%
17.9.2. 20% to 60%
17.9.3. 60% to 100%
17.10. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Application, 2017 - 2031
17.10.1. Steel Mills
17.10.2. Oil & Gas
17.10.3. Aerospace & Defense
17.10.4. Refineries
17.10.5. Petrochemical
17.10.6. Power generation
17.10.7. Others
17.11. Hydrogen Gas Turbine Market Size (US$ Bn and Thousand Units) Forecast, By Distribution Channel, 2017 - 2031
17.11.1. Direct Sales
17.11.2. Indirect Sales
17.12. Hydrogen Gas Turbine Market Size (US$ Bn) (Thousand Units) Forecast, by Country/Sub-region, 2017 - 2031
17.12.1. Brazil
17.12.2. Rest of South America
17.13. Incremental Opportunity Analysis
18. Competition Landscape
18.1. Market Player - Competition Dashboard
18.2. Market Share Analysis - 2022 (%)
18.3. Company Profiles (Details - Company Overview, Sales Area/Geographical Presence, Revenue, Strategy & Business Overview)
18.3.1. Ansaldo Energia
18.3.1.1. Company Overview
18.3.1.2. Sales Area/Geographical Presence
18.3.1.3. Revenue
18.3.1.4. Strategy & Business Overview
18.3.2. Baker Hughes
18.3.2.1. Company Overview
18.3.2.2. Sales Area/Geographical Presence
18.3.2.3. Revenue
18.3.2.4. Strategy & Business Overview
18.3.3. Doosan Heavy Industries
18.3.3.1. Company Overview
18.3.3.2. Sales Area/Geographical Presence
18.3.3.3. Revenue
18.3.3.4. Strategy & Business Overview
18.3.4. OPRA Turbines
18.3.4.1. Company Overview
18.3.4.2. Sales Area/Geographical Presence
18.3.4.3. Revenue
18.3.4.4. Strategy & Business Overview
18.3.5. Kawasaki Heavy Industries, Ltd.
18.3.5.1. Company Overview
18.3.5.2. Sales Area/Geographical Presence
18.3.5.3. Revenue
18.3.5.4. Strategy & Business Overview
18.3.6. MAN Energy Solutions
18.3.6.1. Company Overview
18.3.6.2. Sales Area/Geographical Presence
18.3.6.3. Revenue
18.3.6.4. Strategy & Business Overview
18.3.7. Mitsubishi Power Americas, Inc.
18.3.7.1. Company Overview
18.3.7.2. Sales Area/Geographical Presence
18.3.7.3. Revenue
18.3.7.4. Strategy & Business Overview
18.3.8. Siemens
18.3.8.1. Company Overview
18.3.8.2. Sales Area/Geographical Presence
18.3.8.3. Revenue
18.3.8.4. Strategy & Business Overview
18.3.9. Solar Turbines
18.3.9.1. Company Overview
18.3.9.2. Sales Area/Geographical Presence
18.3.9.3. Revenue
18.3.9.4. Strategy & Business Overview
18.3.10. General Electric Gas Power
18.3.10.1. Company Overview
18.3.10.2. Sales Area/Geographical Presence
18.3.10.3. Revenue
18.3.10.4. Strategy & Business Overview
19. Go to Market Strategy
19.1. Identification of Potential Market Spaces
19.1.1. Type
19.1.2. Design Type
19.1.3. Rating Capacity
19.1.4. H2 Fuel Composition
19.1.5. Application
19.1.6. Distribution Channel
19.1.7. Region
19.2. Understanding the Procurement Process of End-Users