According to the latest research analysis,the global market for Combined Cycle Gas Turbine should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
China Combined Cycle Gas Turbine market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
The United States Combined Cycle Gas Turbine market should grow from US$ million in 2022 to US$ million by 2029, with a CAGR of % for the period of 2023-2029.
In terms of type, Axial Flow segment holds a share about % in 2022 and will reach % in 2029; while in terms of application, Car has a share approximately % in 2022 and will grow at a CAGR % during 2023 and 2029.
The global key manufacturers of Combined Cycle Gas Turbine include GE, Siemens, Kawasaki Heavy Industries, Ltd., Mitsubishi Power, Solar Turbines, Doosan Corp and Shanghai Electric Group Co., Ltd., etc. In 2022, the global top five players hold a share approximately % in terms of revenue.
This report aims to provide a comprehensive study of the global market for Combined Cycle Gas Turbine.
Data-Driven Insights: Highlights from Our Report
(1) Global Combined Cycle Gas Turbine market size (sales volume & revenue), history data from 2018-2022 and forecast data from 2023 to 2029.
(2) Global Combined Cycle Gas Turbine market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(3) China Combined Cycle Gas Turbine market competitive situation, sales, revenue, price and market share, from 2018 to 2022.
(4) Global Combined Cycle Gas Turbine segment by region (or country), key regions cover the United States, Europe, Japan, South Korea, Southeast Asia and India, etc.
(5) Global Combined Cycle Gas Turbine segment by type and by application and regional segment by type and by application.
(6) Global major production regions of Combined Cycle Gas Turbine, capacity, production and trends.
(7) Combined Cycle Gas Turbine industry supply chain, upstream, midstream and downstream analysis.
Breaking Down Market Segments by Region: A Deep Dive Analysis
North America (United States, Canada and Mexico)
Europe (Germany, France, UK, Russia, Italy and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Understanding Market Segments by Type: A Comparative Analysis
Axial Flow
Radial Flow
Market Segmentation by Application: Dividing Key Markets and Identifying Opportunities
Car
Ship
Electricity
Military Industry
Understanding Market Segments by Key Players: Insights and Opportunities
GE
Siemens
Kawasaki Heavy Industries, Ltd.
Mitsubishi Power
Solar Turbines
Doosan Corp
Shanghai Electric Group Co., Ltd.
1 Market Overview
1.1 Combined Cycle Gas Turbine Definition
1.2 Global Combined Cycle Gas Turbine Market Size and Forecast
1.2.1 By Revenue, Global Combined Cycle Gas Turbine Market Size, 2018-2029
1.2.2 By Sales Volume, Global Combined Cycle Gas Turbine Market Size, 2018-2029
1.2.3 Global Combined Cycle Gas Turbine Price Trend, 2018-2029
1.3 China Combined Cycle Gas Turbine Market Size and Forecast
1.3.1 By Revenue, China Combined Cycle Gas Turbine Market Size, 2018-2029
1.3.2 By Sales Volume, China Combined Cycle Gas Turbine Market Size, 2018-2029
1.3.3 China Combined Cycle Gas Turbine Price Trend, 2018-2029
1.4 China Percentage in Global Market
1.4.1 By Revenue, China Combined Cycle Gas Turbine Share in Global Market, 2018-2029
1.4.2 By Sales Volume, China Combined Cycle Gas Turbine Share in Global Market, 2018-2029
1.4.3 Combined Cycle Gas Turbine Market Size: China VS Global, 2018-2029
1.5 Combined Cycle Gas Turbine Market Dynamics
1.5.1 Combined Cycle Gas Turbine Market Drivers
1.5.2 Combined Cycle Gas Turbine Market Restraints
1.5.3 Combined Cycle Gas Turbine Industry Trends
1.5.4 Combined Cycle Gas Turbine Industry Policy
2 Global Competitive Landscape by Company
2.1 Global Combined Cycle Gas Turbine Revenue by Company, 2018-2023
2.2 Global Combined Cycle Gas Turbine Sales Volume by Company, 2018-2023
2.3 Global Combined Cycle Gas Turbine Price by Company, 2018-2023
2.4 Global Combined Cycle Gas Turbine Participants, Market Position (Tier 1, Tier 2 and Tier 3)
2.5 Global Combined Cycle Gas Turbine Concentration Ratio
2.6 Global Combined Cycle Gas Turbine Mergers & Acquisitions, Expansion Plans
2.7 Global Combined Cycle Gas Turbine Manufacturers Product Type
3 China Competitive Landscape by Company
3.1 China Combined Cycle Gas Turbine Revenue by Company, 2018-2023
3.2 China Combined Cycle Gas Turbine Sales Volume by Company, 2018-2023
3.3 China Combined Cycle Gas Turbine Combined Cycle Gas Turbine Participants, Market Position (Tier 1, Tier 2 and Tier 3)
3.4 China Combined Cycle Gas Turbine Market, Sales Percentage of Local Players VS Foreign Players (2018-2023)
3.5 Chinese Local Players, Combined Cycle Gas Turbine Domestic VS Export
3.6 China Market, Combined Cycle Gas Turbine Import & Export
3.6.1 China Market, Combined Cycle Gas Turbine Import & Export, 2018-2029
3.6.2 China Combined Cycle Gas Turbine Import & Export Trends
3.6.3 Main Sources of China Combined Cycle Gas Turbine Import
3.6.4 Export Destination of China Combined Cycle Gas Turbine
4 Combined Cycle Gas Turbine Production by Region
4.1 Global Combined Cycle Gas Turbine Capacity, Production and Capacity Utilization, 2018-2029
4.2 Global Geographic Distribution of Combined Cycle Gas Turbine Manufacturers
4.3 Global Major Manufacturers, Combined Cycle Gas Turbine Capacity Expansion and Future Plans
4.4 Global Combined Cycle Gas Turbine Capacity by Region
4.5 Global Combined Cycle Gas Turbine Production by Region
4.5.1 Global Combined Cycle Gas Turbine Production & Forecast by Region, 2018 VS 2022 VS 2029
4.5.2 Global Combined Cycle Gas Turbine Production by Region, 2018-2023
4.5.3 Global Combined Cycle Gas Turbine Production Market Share & Forecast by Region, 2018-2029
5 Industry Chain Analysis
5.1 Combined Cycle Gas Turbine Industry Chain
5.2 Combined Cycle Gas Turbine Upstream Analysis
5.2.1 Combined Cycle Gas Turbine Core Raw Materials
5.2.2 Main Manufacturers of Combined Cycle Gas Turbine Core Raw Materials
5.3 Midstream Analysis
5.4 Downstream Analysis
5.5 Combined Cycle Gas Turbine Production Mode
5.6 Combined Cycle Gas Turbine Procurement Model
5.7 Combined Cycle Gas Turbine Industry Sales Model and Sales Channels
5.7.1 Combined Cycle Gas Turbine Sales Model
5.7.2 Combined Cycle Gas Turbine Typical Distributors
6 Sights by Type
6.1 Combined Cycle Gas Turbine Classification
6.1.1 Axial Flow
6.1.2 Radial Flow
6.2 By Type, Global Combined Cycle Gas Turbine Market Size & CAGR, 2018 VS 2022 VS 2029
6.3 By Type, Global Combined Cycle Gas Turbine Revenue, 2018-2029
6.4 By Type, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
6.5 By Type, Global Combined Cycle Gas Turbine Price, 2018-2029
7 Sights by Application
7.1 Combined Cycle Gas Turbine Segment by Application
7.1.1 Car
7.1.2 Ship
7.1.3 Electricity
7.1.4 Military Industry
7.2 By Application, Global Combined Cycle Gas Turbine Market Size & CAGR, 2018 VS 2022 VS 2029
7.3 By Application, Global Combined Cycle Gas Turbine Revenue, 2018-2029
7.4 By Application, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
7.5 By Application, Global Combined Cycle Gas Turbine Price, 2018-2029
8 Sales Sights by Region
8.1 By Region, Global Combined Cycle Gas Turbine Market Size, 2018 VS 2022 VS 2029
8.2 By Region, Global Combined Cycle Gas Turbine Revenue, 2018-2029
8.3 By Region, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
8.4 North America
8.4.1 North America Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.4.2 By Country, North America Combined Cycle Gas Turbine Market Size Market Share
8.5 Europe
8.5.1 Europe Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.5.2 By Country, Europe Combined Cycle Gas Turbine Market Size Market Share
8.6 Asia Pacific
8.6.1 Asia Pacific Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.6.2 By Country/Region, Asia Pacific Combined Cycle Gas Turbine Market Size Market Share
8.7 South America
8.7.1 South America Combined Cycle Gas Turbine Market Size & Forecasts, 2018-2029
8.7.2 By Country, South America Combined Cycle Gas Turbine Market Size Market Share
8.8 Middle East & Africa
9 Sales Sights by Country Level
9.1 By Country, Global Combined Cycle Gas Turbine Market Size & CAGR,2018 VS 2022 VS 2029
9.2 By Country, Global Combined Cycle Gas Turbine Revenue, 2018-2029
9.3 By Country, Global Combined Cycle Gas Turbine Sales Volume, 2018-2029
9.4 U.S.
9.4.1 U.S. Combined Cycle Gas Turbine Market Size, 2018-2029
9.4.2 By Company, U.S. Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.4.3 By Type, U.S. Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.4.4 By Application, U.S. Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.5 Europe
9.5.1 Europe Combined Cycle Gas Turbine Market Size, 2018-2029
9.5.2 By Company, Europe Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.5.3 By Type, Europe Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.5.4 By Application, Europe Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.6 China
9.6.1 China Combined Cycle Gas Turbine Market Size, 2018-2029
9.6.2 By Company, China Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.6.3 By Type, China Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.6.4 By Application, China Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.7 Japan
9.7.1 Japan Combined Cycle Gas Turbine Market Size, 2018-2029
9.7.2 By Company, Japan Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.7.3 By Type, Japan Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.7.4 By Application, Japan Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.8 South Korea
9.8.1 South Korea Combined Cycle Gas Turbine Market Size, 2018-2029
9.8.2 By Company, South Korea Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.8.3 By Type, South Korea Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.8.4 By Application, South Korea Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.9 Southeast Asia
9.9.1 Southeast Asia Combined Cycle Gas Turbine Market Size, 2018-2029
9.9.2 By Company, Southeast Asia Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.9.3 By Type, Southeast Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.9.4 By Application, Southeast Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.10 India
9.10.1 India Combined Cycle Gas Turbine Market Size, 2018-2029
9.10.2 By Company, India Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.10.3 By Type, India Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.10.4 By Application, India Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.11 Middle East & Asia
9.11.1 Middle East & Asia Combined Cycle Gas Turbine Market Size, 2018-2029
9.11.2 By Company, Middle East & Asia Combined Cycle Gas Turbine Sales Volume Market Share, 2022
9.11.3 By Type, Middle East & Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
9.11.4 By Application, Middle East & Asia Combined Cycle Gas Turbine Market Size, Share, 2022 VS 2029
10 Manufacturers Profile
10.1 GE
10.1.1 GE Company Information, Head Office, Market Area and Industry Position
10.1.2 GE Combined Cycle Gas Turbine Models, Specifications and Application
10.1.3 GE Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.1.4 GE Company Profile and Main Business
10.1.5 GE Recent Developments
10.2 Siemens
10.2.1 Siemens Company Information, Head Office, Market Area and Industry Position
10.2.2 Siemens Combined Cycle Gas Turbine Models, Specifications and Application
10.2.3 Siemens Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.2.4 Siemens Company Profile and Main Business
10.2.5 Siemens Recent Developments
10.3 Kawasaki Heavy Industries, Ltd.
10.3.1 Kawasaki Heavy Industries, Ltd. Company Information, Head Office, Market Area and Industry Position
10.3.2 Kawasaki Heavy Industries, Ltd. Combined Cycle Gas Turbine Models, Specifications and Application
10.3.3 Kawasaki Heavy Industries, Ltd. Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.3.4 Kawasaki Heavy Industries, Ltd. Company Profile and Main Business
10.3.5 Kawasaki Heavy Industries, Ltd. Recent Developments
10.4 Mitsubishi Power
10.4.1 Mitsubishi Power Company Information, Head Office, Market Area and Industry Position
10.4.2 Mitsubishi Power Combined Cycle Gas Turbine Models, Specifications and Application
10.4.3 Mitsubishi Power Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.4.4 Mitsubishi Power Company Profile and Main Business
10.4.5 Mitsubishi Power Recent Developments
10.5 Solar Turbines
10.5.1 Solar Turbines Company Information, Head Office, Market Area and Industry Position
10.5.2 Solar Turbines Combined Cycle Gas Turbine Models, Specifications and Application
10.5.3 Solar Turbines Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.5.4 Solar Turbines Company Profile and Main Business
10.5.5 Solar Turbines Recent Developments
10.6 Doosan Corp
10.6.1 Doosan Corp Company Information, Head Office, Market Area and Industry Position
10.6.2 Doosan Corp Combined Cycle Gas Turbine Models, Specifications and Application
10.6.3 Doosan Corp Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.6.4 Doosan Corp Company Profile and Main Business
10.6.5 Doosan Corp Recent Developments
10.7 Shanghai Electric Group Co., Ltd.
10.7.1 Shanghai Electric Group Co., Ltd. Company Information, Head Office, Market Area and Industry Position
10.7.2 Shanghai Electric Group Co., Ltd. Combined Cycle Gas Turbine Models, Specifications and Application
10.7.3 Shanghai Electric Group Co., Ltd. Combined Cycle Gas Turbine Sales Volume, Revenue, Price and Gross Margin, 2018-2023
10.7.4 Shanghai Electric Group Co., Ltd. Company Profile and Main Business
10.7.5 Shanghai Electric Group Co., Ltd. Recent Developments
11 Conclusion
12 Appendix
12.1 Research Methodology
12.2 Data Source
12.2.1 Secondary Sources
12.2.2 Primary Sources
12.3 Market Estimation Model
12.4 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
Market Size |
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
Primary Sources | Parameters | Key Data |
Market Segments(by Application, by Type) |
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Total Market |
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