Impact of COVID-19
The COVID-19 pandemic continues to transform the growth of various industries, however, the immediate impact of the outbreak is varied. COVID-19 will have at Par impact on the aeroderivative gas turbine market. As per Technavio's pandemic-focused market research, market growth is likely to increase in 2021 as compared to 2020.
The aeroderivative gas turbine market in the heavy electrical equipment industry is expected to grow by USD 1.08 billion, progressing at a CAGR of almost 3% during 2021-2025, as per the new report from Technavio. The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment.
Aeroderivative Gas Turbine Market in the Heavy Electrical Equipment Industry 2021-2025: Key Highlights
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will assist aeroderivative gas turbine market growth during the next five years
- Estimation of the aeroderivative gas turbine market size and its contribution to the parent market
- Predictions on upcoming trends and changes in consumer behavior
- The growth of the aeroderivative gas turbine market
- Analysis of the market's competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of aeroderivative gas turbine market vendors
Aeroderivative Gas Turbine Market in the Heavy Electrical Equipment Industry 2021-2025: Vendor Analysis and Scope
To help businesses improve their market position, Technavio provides a detailed analysis of around 25 vendors operating in the aeroderivative gas turbine market. Baker Hughes Co., General Electric Co., Kawasaki Heavy Industries Ltd., MAN Energy Solutions SE, Mitsubishi Hitachi Power Systems Ltd., Rolls-Royce Plc, Siemens AG, VBR Turbine Partners BV, Vericor Power Systems, and Wartsila Corp. are some of the major market participants.
- Aeroderivative Gas Turbine Market Size
- Aeroderivative Gas Turbine Market Trends
- Aeroderivative Gas Turbine Market Industry Analysis
This study identifies emerging regulations on carbon emissions as one of the prime reasons driving the Aeroderivative Gas Turbine Market growth during the next few years. However, the inherent challenges of handling natural gas may threaten the growth of the market.
To learn more about the global trends impacting the future of market research, download a free sample: https://www.technavio.com/talk-to-us?report=IRTNTR70663
Reasons to Buy the Report:
- Leverage latest data mapping the technological advancements
- Find deeper market insights and forecast information about current market developments.
- Explore insights on key market accelerating factors.
- Identify potential threats to market growth.
- Understand the impact of trends likely to influence market growth positively or negatively.
Key Topics Covered:
- Executive Summary
- Market Landscape
- Market Sizing
- Five Forces Analysis
- Market Segmentation by End-user
- Market Segmentation by Geography
- Customer landscape
- Geographic Landscape
- Vendor Landscape
- Vendor Analysis
- Appendix
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
Jesse Maida
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Website: www.technavio.com/
Report link: https://www.technavio.com/report/aeroderivative-gas-turbine-market-industry-analysis
SOURCE Technavio
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