Want to Know More about the Future Opportunities for Gas Turbine Market for Oil and Gas?

We at Lucintel are proud to announce the launch of a new research report on ethylene vinyl acetate market entitled “Growth Opportunities in the Global Gas Turbine Market for Oil and Gas Industry.”

In the gas turbine market, power generation and mechanical drive are some of the major segments. On the basis of its 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 from 2019 to 2024.

According to this market report, the global gas turbine market is expected to reach an estimated $1.2 billion and it is forecast to grow at a CAGR of 3.5% from 2019 to 2024. There are some noteworthy developments in the global gas turbine market as competition increases and players try to increase their market share. Some of the emerging trends shaping market dynamics include development and use of high temperature materials for gas turbines.

This market report on gas turbine answers the following key questions concerning the gas turbine market:

Q.1. What are some of the most promising, high-growth opportunities in the global gas turbine market by segment and region?

Q.2. Which segments in the gas turbine market will grow at a faster pace and why?

Q.3. What are the business risks and competitive threats in the gas turbine market?

Q.4. What are emerging trends in this market and what are the reasons behind them?

Q.5. What are some of the changing demands and needs of customers in the gas turbine industry?

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