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Middle East Gas Turbine Market Revenue to Exceed 4 GW by 2024

Author : Ronak Bora | Published Date : 2020-10-20 

The research report on Middle East Gas Turbine Market offers a comprehensive view of this industry with every crucial detail subject to its overall stance in the global landscape and its applications in myriad sectors.

According to the given report, Middle East gas turbine market registered a remuneration of USD 900 million in 2017 and is expected to surpass a mammoth of 4 GW by 2024. Additionally, the market analysis document also envelopes pivotal information on the current market scenario, current advancing technologies, huge competitive landscape, future growth prospects, industry tactics, and vivid market segmentations.

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The report also provides insight to distinguished factors that are expected to potentially fuel the growth path of the industry in the upcoming years, along with laying emphasis on minute details of the ongoing trends that the Middle East gas turbine industry is characterized by. The Middle East gas turbine market, as stated in the report, is divided on the basis of capacity, product, technology, application, regions, and competitive landscape.

Increasing deployment of gas turbines across process industries by replacement of coal by gas in a host of small-scale industrial applications will further enhance the growth prospects of Middle East gas turbine market. In addition, government reforms to curtail emissions along with stalling of gas prices in the current industrial regime will further pose immense potential for gas turbine deployment.

Considering the regional landscape, Middle Eastern gas turbine market is diversified into Saudi Arabia, UAE, Qatar, Kuwait, Oman, Egypt, Turkey, Bahrain, Iraq, Jordan, Lebanon and its elaborative analysis has been enclosed in the report as well. The report states various factors that have been massively supporting the growth of regional markets along with addressing with trending growth opportunities existing in every region, their individual growth rates and market positions, technologies being used, regulatory reforms, and much more.

Shifting trends toward energy-efficient technologies coupled with increasing focus toward replacement of inefficient coal fired power plants will drive the Middle East gas turbine market. Increasing efforts for power capacity augmentation to meet the constantly increasing power demand will further provide a thrust to the industry dynamics. As per OPEC 2016, Saudi Arabia depends on oil exports for about 85% of its annual revenues and is expected to replace oil power plants by gas fired generating stations in the country.

In terms of the competitive landscape, gas turbine market in Middle East boasts of presence of companies like Centrax, Siemens AG, Wartsila, General Electric, MAPNA, Toshiba, Capstone Turbine, Solar Turbines, Score Group and Ansaldo Energia. In line with this, the report includes required details on sales spectrum of each of these enterprises, their market tactics to maintain foothold in the market, individual company profiles and market share, and position in the overall ecosystem.

[TOC Chapters]

Chapter 4. Middle East Gas Turbine Market, By Capacity

4.1. Middle East gas turbine market share by capacity, 2017 & 2024

4.2. 50 KW

4.2.1.   Market estimates and forecast, 2013 – 2024

4.3. 50 KW to 500 KW

4.3.1.   Market estimates and forecast, 2013 – 2024

4.4. > 500 KW to 1 MW

4.4.1.   Market estimates and forecast, 2013 – 2024

4.5. > 1 MW to 30 MW

4.5.1.   Market estimates and forecast, 2013 – 2024

4.6. > 30 MW to 70 MW

4.6.1.   Market estimates and forecast, 2013 – 2024

4.7. > 70 MW to 200 MW

4.7.1.   Market estimates and forecast, 2013 – 2024

4.8. > 200 MW

4.8.1.   Market estimates and forecast, 2013 – 2024

Chapter 5. Middle East Gas Turbine Market, By Product

5.1. Middle East gas turbine market share by product, 2017 & 2024

5.2. Aero-derivative

5.2.1.   Market estimates and forecast, 2013 – 2024

5.3. Heavy duty

5.3.1.   Market estimates and forecast, 2013 – 2024

Browse key industry insights along with Full TOC @ https://www.graphicalresearch.com/table-of-content/1031/middle-east-gas-turbine-market

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About Author

Ronak Bora

Ronak Bora

A graduate in Electronics Engineering, Ronak writes for fractovia and carries a rich experience in digital marketing, exploring how the online world works from a technical and marketing perspective. His other areas of interest include reading, music, and sport. [email protected] | https://twitter.com/RonakBora26

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