The global gas turbine market continues to grow with a strong and steady pace in 2018, while the top 10 gas turbine manufacturers continue to be some of the largest vendors leading the global market. Owing to several advantages including increased efficiency, implementation of strict carbon emission regulations, and cost reduction offered by the usage of these turbines, the gas turbine demand is expected to grow further over the next few years.
What is Gas Turbine and How Does it Work?
A gas turbine is a type of internal combustion engine that converts chemical energy of fuels into mechanical energy in the form of rotational power. This mechanical energy can be used for powering various industrial processes. The advantages of a gas turbine include high reliability, low operating costs and high-power density. The gas turbines can also be operated with clean and renewable sources of energy thus reducing carbon emissions. Gas turbines used in cogeneration or Combined Heat and Power (CHP) process increase the efficiency of the plant by utilizing the exhaust gases to generate steam which can again be used for various purposes without consuming additional fuel. These benefits of gas turbines along with stricter carbon emission norms will drive the demand for gas turbines in the coming years.
Read more: The Top 10 Global Wind Turbine Companies
Gas Turbine Industry Analysis
The rising demand for efficient turbines around the world is encouraging gas turbine manufacturers to invest heavily in the development of high-efficiency gas turbines. For instance, GENERAL ELECTRIC’s 9HA/7HA series CCGT developed by the Power and Water division is one such example of gas turbines with higher efficiency levels. Consequently, the increasing focus of gas turbine manufacturers on offering technologically advanced and robust products will aid the global gas turbine market to register a CAGR of over 3% during the projected period.
When it comes the global gas turbine market size and gas turbine industry analysis, Technavio’s latest market research report, Global Gas Turbine Market 2018-2022, predicts that the global gas turbine industry will achieve an incremental growth of over USD 4.7 billion from 2018 to 2022 and grow at a CAGR of over 3% during the forecast period.
Top 10 Gas Turbine Manufacturers in the World and Their Products 2018
Headquarters: Genova, Italy
Ansaldo Energia is one of the leading manufacturers of heavy duty gas turbines. Ansaldo gas turbines are characterized by easy maintenance, high efficiency and low environmental impact. The company offers products in E, F and H class technology segments with power output ranging from 80MW to 538MW. Ansaldo Energia also provides gas turbine maintaining service for its products as well as turbines and generators produced by its competitors. In 2016, the company acquired a portion of ALSTOM gas turbine projects based in Baden, Switzerland, making it one of the world’s largest gas turbine manufacturers.
Key products: AE64.3A, AE94.3A, AE94.2, GT26, GT36-S6 and GT36-S5
Headquarters: Schenectady, New York, United States
GE Power is a subsidiary of GE Electric and offers a wide range of products including engines, turbines, generators, measurement and control systems, nuclear reactors, oil production equipment, solar panels, heat recovery steam generators (HRSG) and wind turbines. GE’s heavy duty and aeroderivative gas turbines are reliable even in harsh environmental conditions. GE introduced E-Class, F-Class and H-Class technology to the gas turbine industry. The company also boasts of holding a world record for powering the most efficient combined cycle power plant with its largest high efficiency turbine.
Key products: LM2500, LM6000, 7HA.01, 9F.03, 7E.03 and GT13E2
Kawasaki Heavy Industries
Headquarters: Chūō-ku, Kobe and Minato, Tokyo, Japan
High performance gas turbines are one of the key offerings of Kawasaki Heavy Industries (KHI). The company specializes in the production of small and medium sized gas turbines and gas turbine cogeneration systems. Kawasaki has developed advanced technologies such as DLE combustion method, fluid analysis technology and steam/water injection method to offer their customers eco-friendly and highly efficient gas turbines. By monitoring the turbine operation situation using a proprietary remote monitoring system, Kawasaki provides its customers with quick and precise service.
Key products: M1A-13A, L30A, M7A-03, GPS 2000, GPS 5000 and MGP1250
To know more about the leading vendors of gas turbines in the power industry, read our market research report on Global Gas Turbines Market for Power Industry 2017-2021
Mitsubishi Heavy Industries
Headquarters: Minato, Tokyo, Japan
By integrating latest technologies in aerodynamics, cooling design and materials, Mitsubishi Heavy Industries (MHI) develops gas turbines which are highly efficient and reliable. The company offers a wide range of gas turbines from 40MW to 490MW capacities. The gas turbines made by Mitsubishi undergo rigorous testing in a combined cycle power plant before being installed at their destination facilities. The J series gas turbines produced by this company have the largest capacity and can achieve high efficiency with a turbine inlet temperature of 1600oC.
Key products: M501D, M501F, M701G, M701J, H-25 and H100
Headquarters: Berlin and Munich, Germany
Siemens Energy are one of the leading gas turbine manufacturers in the world. Siemens gas turbines are hugely popular among clients due to their high reliability and low maintenance. The company provides a wide range of heavy duty, industrial and aeroderivative gas turbines ranging up to 567MW. Owing to high efficiency, flexibility and environmental compatibility of its products, the gas turbines find use in a lot of applications and environments including oil and gas industry and industrial power generation.
Key products: SGT-100, SGT-A45, SGT-A05, SGT-700, SGT6-8000H and SGT-A65
Solar Turbines – Caterpillar
Headquarters: San Diego, California, United States
Solar Turbines Incorporated, a subsidiary of Caterpillar Inc. is known as the pioneer of gas turbine systems design and manufacturing. Solar’s industrial gas turbines are used for many purposes including marine propulsion, electrical power generation and natural oil and gas production. The company is focusing on developing new technologies to reduce emissions of its products and improve the fuel economy of gas turbines. The gas turbines manufactured by this company are fitted with SoLoNOx combustion system which use dry, lean-premixed combustion technology to reduce harmful emissions.
Key products: Saturn 20, Centaur 40, Mercury 50, Taurus 70, Mars 90 and Titan 250
Download FREE sample of the Global Industrial Gas Turbines Market Report 2017-2021, to know more about the industrial gas turbine market
Capstone Turbine Corporation
Headquarters: Van Nuys, California, United States
Capstone Turbine Corporation specializes in the production of microturbines which can run on a variety of fuels including natural gas, biogas and LPG. The key component of Capstone microturbines are air bearings which requires minimum maintenance and eliminates the need for cooling systems. The microturbine generators are used for electrical power generation, cogeneration and as source of power for hybrid vehicles. The company offers a comprehensive lineup of micro gas turbines ranging from 30kW to 30MW. The fuel flexibility of these turbines makes it ideal for numerous applications in various markets including oil and gas, critical power supply, transportation, renewable energy and marine.
Key products: C30, C65, C200, C200S ICHP, C600S and C800S
MAN Energy Solutions
Headquarters: Augsburg, Bavaria, Germany
The gas turbines manufactured by MAN Energy Solutions are mostly used in small energy supply companies and oil and gas industry. MAN gas turbines are used for cogeneration in on-site power plants to increase the efficiency and reduce greenhouse emissions by recovering and utilizing the thermal energy of hot exhaust gases. These gas turbines are also used as mechanical drives to run compressors and pumps in pipeline compressor stations and offshore oil production units.
Key products: MGT6000-1S, MGT6000-2S and THM 1304
Read Technavio’s Global Combined Cycle Gas Turbine Market 2016-2020, to get an in-depth analysis of the competitive landscape of gas turbines market in combined cycle power plants.
Headquarters: Hengelo, The Netherlands
OPRA develops and manufactures 2MW power generator sets using OP16 series of gas turbines. By installing multiple sets, the power output can be extended to 10MW. The OP16 generator sets can be configured for low emission and dual/ multifuel capabilities according to the needs of the customer. OPRA gas turbines are characterized by high reliability and efficiency, and low emissions and cost of ownership. These turbines are used in various sectors including oil and gas, industrial, commercial and marine sectors.
Key products: OP16 series gas turbines
Centrax Gas Turbines
Headquarters: Newton Abbot, Devon, England
Centrax gas turbines mainly focuses on the production of high efficiency gas turbine powered generator packages for a wide range of industries and power applications. These generator packages use high performance Siemens core engines to provide power outputs ranging from 3MW to 15MW. Centrax gas turbines are known for their high efficiency, reliability and continuous operation in extreme environmental conditions.
Key products: CX501-KB5, CX501-KB7, CX300 and CX400
Gas Turbine Industry Trends
To stay competitive in this fast growing market, major gas turbine manufacturers are constantly developing and integrating advanced technologies such as gas turbine combined cycle (GTCC) and integrated coal gasification combined cycle (IGCC) into their products. This will aid them in providing environment-friendly and highly-efficient gas turbines. For instance, in 2003, MHI commercialized a gas turbine based on IGCC technology whose NOx levels at base load condition with stable combustion was lower than 25ppm. Many world’s leading gas turbine companies are also providing products which can be customized according to the requirements of the customer and can run on multiple fuels. All these factors are expected to be the major drivers for the growth of the global gas turbine industry over the next few years.
For more market intelligence about the global gas turbine market size, more top gas turbine manufacturers, and the future trends of the gas turbine industry, please read this report: