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The future of the gas turbine market in United Kingdom looks good with opportunities in oil and gas industry. The major drivers for growth of this market are growing exploration & production activities and increasing investment in unconventional oil and gas resources.
An emerging trend, which has a direct impact on the dynamics of the industry, includes development and use of high temperature materials for gas turbines.
A total of 25 figures / charts and 12 tables are provided in this 60-page report to help in your business decisions. Sample figures with some insights are shown below. To learn the scope of, benefits, companies researched and other details of this gas turbine market for oil and gas industry in United Kingdom report download the report brochure.
Gas Turbine Market for Oil and Gas Industry in United Kingdom
by Segment: 2014-2025 (US $M) (Randomized Data)
Trends and Forecasts for Gas Turbine Market for Oil and Gas
Industry in United Kingdom: 2014-2025 (US $M) (Randomized Data)
The study includes the size and forecast for growth opportunities in the gas turbine market for oil and gas industry in United Kingdom by application, turbine size, design type, and technology as follows:
Gas turbine Market for Oil and Gas Industry by Application [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
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Power Generation
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Mechanical Drive
Gas turbine Market for Oil and Gas Industry by Turbine Size [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
Gas turbine Market for Oil and Gas Industry by Design Type [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
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Aero Derivative
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Heavy Duty
Gas turbine Market for Oil and Gas Industry by Technology [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
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Simple Cycle
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Combine Cycle
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Co-generation
On the basis of comprehensive research, Lucintel forecasts that gas turbine used for power generation in the oil and gas industry is expected to remain the largest segment. Power requirement in the offshore platforms and remote exploration locations is likely to drive this segment over the forecast period. Gas turbines used for mechanical drive is expected to witness highest growth during the forecast period.
By turbine size, the ‘1-20 MW’ turbine is expected to remain the largest segment supported by its wider application area. Turbine size ’20 MW and above’ is expected to witness highest growth during the forecast period. High efficiency as compared to smaller turbines is driving growth of this segment over the forecast period.
Some of the features of “Opportunities for the Gas Turbine Market for Oil and Gas Industry in United Kingdom 2014-2025: Trends, Forecast and Competitive Analysis” include:
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Market size estimates: Gas turbine market in the oil and gas industry size estimation in terms of value ($M) and volume (MW) shipment.
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Trend and forecast analysis: Market trend (2014-2019) and forecast (2020-2025) by application, turbine size, design type, and technology.
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Segmentation analysis: Gas turbine market in the oil and gas industry size by application (power generation and mechanical drive), turbine size (1-20 MW, and 20 MW & above), design type (aeroderivative and heavy duty), and technology (simple cycle, combine cycle, and co-generation) in terms of value.
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Growth opportunities: Analysis on growth opportunities in different application, turbine size, design type, and technology of gas turbine in the oil and gas industry market.
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Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
This report answers following 7 key questions:
Q.1. What are some of the most promising, high-growth opportunities for gas turbine market in the oil and gas industry in United Kingdom by application (power generation and mechanical drive), turbine size (1-20 MW, and 20 MW & above), design type (aeroderivative and heavy duty), and technology (simple cycle, combine cycle, and co-generation)?
Q.2. Which segment will grow at a faster pace and why?
Q.3. What are the key factors affecting market dynamics? What are the drivers and challenges, and business risks in this market?
Q.4. What are the business risks and competitive threats for gas turbine market in the oil and gas industry?
Q.5. What are emerging trends for gas turbine market in the oil and gas industry and reasons behind them?
Q.6. What are some of the changing demands of customers for gas turbine market in the oil and gas industry?
Q.7. What are the new developments for gas turbine market in the oil and gas industry and which companies are leading these developments?