Gas Turbine Combined Cycle Power Plants Market, Global Outlook and Forecast 2023-2029
- Siddhi Patil
- Dec 13, 2023
- 4 min read
The gas turbine combined cycle (GTCC) power plant market size is projected to reach USD 140.6 billion by 2030, from USD 94.8 billion in 2022, at a CAGR of 4.5% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Combined Cycle Gas Turbines Effectively Challenge The Working And Efficiency Of Conventional, Simply Designed Cycle Plants By Producing Approximately 50.0% More Power From The Same Fuel Used. In Order To Achieve This Result, Combined Cycle Gas Turbines Utilize A Steam And A Gas Turbine In Unison. Moreover, The Waste Heat Produced Out From The Gas Turbine Is Directed Toward The Steam Turbine Close By, Which Creates Additional Power
This report aims to provide a comprehensive presentation of the global market for Gas Turbine Combined Cycle Power Plants, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Gas Turbine Combined Cycle Power Plants. This report contains market size and forecasts of Gas Turbine Combined Cycle Power Plants in global, including the following market information:
Report Sample includes:
- Table of Contents
- List of Tables & Figures
- Charts
- Research Methodology
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Global Gas Turbine Combined Cycle Power Plants Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Gas Turbine Combined Cycle Power Plants Market Sales, 2018-2023, 2024-2029, (Units)
Global top five Gas Turbine Combined Cycle Power Plants companies in 2022 (%)
The U.S. Market is Estimated at $ Million in 2022, While China is Forecast to Reach $ Million.
40 MW and Below Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Gas Turbine Combined Cycle Power Plants include Kawasaki Heavy Industries, Caterpillar, Doosan Group, Mitsubishi Heavy Industries, Siemens, General Electric, Exelon, Toshiba and Ansaldo Energia, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Gas Turbine Combined Cycle Power Plants manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Gas Turbine Combined Cycle Power Plants Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Turbine Combined Cycle Power Plants Market Segment Percentages, by Type, 2022 (%)
40 MW and Below
40-120 MW
120-300 MW
300 MW and Above
Global Gas Turbine Combined Cycle Power Plants Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Turbine Combined Cycle Power Plants Market Segment Percentages, by Application, 2022 (%)
Power
Petroleum
Natural Gas
Global Gas Turbine Combined Cycle Power Plants Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (Units)
Global Gas Turbine Combined Cycle Power Plants Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Gas Turbine Combined Cycle Power Plants revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Gas Turbine Combined Cycle Power Plants revenues share in global market, 2022 (%)
Key companies Gas Turbine Combined Cycle Power Plants sales in global market, 2018-2023 (Estimated), (Units)
Key companies Gas Turbine Combined Cycle Power Plants sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Kawasaki Heavy Industries
Caterpillar
Doosan Group
Mitsubishi Heavy Industries
Siemens
General Electric
Exelon
Toshiba
Ansaldo Energia
Holland Energy
Outline of Major Chapters:
Chapter 1: Introduces the definition of Gas Turbine Combined Cycle Power Plants, market overview.
Chapter 2: Global Gas Turbine Combined Cycle Power Plants market size in revenue and volume.
Chapter 3: Detailed analysis of Gas Turbine Combined Cycle Power Plants manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Gas Turbine Combined Cycle Power Plants in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Gas Turbine Combined Cycle Power Plants capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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