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Industrial Gas Turbines Market Global Briefing 2017

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Global Industrial Gas Turbines Market Research Report 2017 to 2021 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in this rapidly-evolving and competitive environment, up-to-date marketing information is essential to monitor performance and make critical decisions for growth and profitability. It provides information on trends and developments, and focuses on markets and materials, capacities and technologies, and on the changing structure of the Industrial Gas Turbines Market.

Companies Mentioned are GE, Siemens, Ansaldo Energia, Kawasaki Heavy industries, Mitsubishi Hitachi Power Systems, Mitsubishi Heavy Industries, MAN Diesel & Turbo, MOTOR SICH JSC, Niigata Power Systems, Opra Technologies, and Solar Turbines.

The global Industrial Gas Turbines market consists of different international, regional, and local vendors. The market competition is foreseen to grow higher with the rise in technological innovation and M&A activities in the future. Moreover, many local and regional vendors are offering specific application products for varied end-users. The new vendor entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.

Major points covered in Global Industrial Gas Turbines Market 2017 Research are:-

  • What will the market size and the growth rate be in 2021?
  • What are the key factors driving the global Industrial Gas Turbines market?
  • What are the key market trends impacting the growth of the global Industrial Gas Turbines market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global Industrial Gas Turbines market?
  • What are the market opportunities and threats faced by the vendors in the global Industrial Gas Turbines market?
  • Trending factors influencing the market shares of the Americas, APAC, and EMEA.
  • What are the key outcomes of the five forces analysis of the global Industrial Gas Turbines market?

This independent 76 page report guarantees you will remain better informed than your competition. With over 150 tables and figures examining the Industrial Gas Turbines market, the report gives you a visual, one-stop breakdown of the leading products, submarkets and market leader’s market revenue forecasts as well as analysis to 2021.

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Geographically, this report is segmented into several key Regions, with production, consumption, revenue (million USD), and market share and growth rate of Industrial Gas Turbines in these regions, from 2012 to 2021 (forecast), covering Americas, APAC and EMEA.

The report provides a basic overview of the Industrial Gas Turbines industry including definitions, classifications, applications and industry chain structure. And development policies and plans are discussed as well as manufacturing processes and cost structures.

Then, the report focuses on global major leading industry players with information such as company profiles, product picture and specifications, sales, market share and contact information. What’s more, the Industrial Gas Turbines industry development trends and marketing channels are analyzed.

The research includes historic data from 2012 to 2016 and forecasts until 2021 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs. The report will make detailed analysis mainly on above questions and in-depth research on the development environment, market size, development trend, operation situation and future development trend of Industrial Gas Turbines on the basis of stating current situation of the industry in 2017 so as to make comprehensive organization and judgment on the competition situation and development trend of Industrial Gas Turbines Market and assist manufacturers and investment organization to better grasp the development course of Industrial Gas Turbines Market.

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Commenting on the report, an analyst from MIR’s team said: “The latest trend gaining momentum in the market is growth in natural gas pipeline networks. The number of natural gas pipeline networks being planned and constructed has grown significantly in the last few years. The main reason is governmental support because of the shift toward new sources of clean and emission-free source of energy”

According to the report, one of the major drivers for this market is Consolidation of market vendors. In the last decade, the global industrial gas turbines market has undergone considerable changes. Mergers have played a crucial role in this transformation, with many large players acquiring gas turbine contracting companies. This has led to the expansion of the operations of major manufacturers on a global scale.

Further, the report states that one of the major factors hindering the growth of this market is Contraction in mining industry in China. China consumes nearly 50% of the world’s commodities. Therefore, the country’s economic slowdown has led to an oversupply of commodities such as coal and iron ore. However, the production costs of energy, labor, and equipment remain high. This has resulted in reduced revenues and profits, increasing the debt level of mining companies. This is a major challenge to the growth of the market as it results in a reduction in mining activities.

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 a SWOT analysis of the key vendors.