Opportunities for the Gas Turbine Market for Oil and Gas Industry in the United States


Posted September 24, 2020 by hiteshchawra

Opportunities for the Gas Turbine Market for Oil and Gas Industry in the United States

 
"According to a new country report published by Lucintel, the future of the gas turbine market in the United States looks good with opportunities in oil and gas industry. The gas turbine market for oil and gas industry market in the United States is primarily driven by growing exploration & production activities and increasing investment in unconventional oil and gas resources. .

This report studies factors affecting the gas turbine market for oil and gas industry market in the United States from both demand and supply sides. The report also analyzes growth opportunities in different applications and provides comprehensive data and analysis on trends, key drivers, and directions.

Among various growth areas, 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. By turbine size, the ‘1-20 MW’ turbine is expected to remain the largest segment supported by its wider application area.

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.

Lucintel, a leading global strategic consulting and market research firm, has analyzed the current market trends, forecasts, new market opportunities, and competitive landscape for the gas turbine market for oil and gas industry market in the United States and has come up with a comprehensive research report entitled “Opportunities for the Gas Turbine Market for Oil and Gas Industry in the United States.” The Lucintel report serves as a catalyst for growth strategies, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes the market size and forecast for the gas turbine market for oil and gas industry market in the United States 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]:
• Power Generation
• Mechanical Drive

Gas turbine Market for Oil and Gas Industry by Turbine Size [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
• 1-20 MW
• 20 MW and above

Gas turbine Market for Oil and Gas Industry by Design Type [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
• Aero Derivative
• Heavy Duty

Gas turbine Market for Oil and Gas Industry by Technology [Capacity (MW) and Value ($ Million) from 2014 to 2025]:
• Simple Cycle
• Combine Cycle
• Co-generation



This 60-page country research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed scope, benefits, and other details of this report, please contact Lucintel at +1-972-636-5056 or click on this link https://www.lucintel.com/United-States/gas-turbine-for-oil-and-gas-industry.aspx or write to us at [email protected]

About Lucintel
Lucintel, the premier global management consulting and market research firm, creates winning strategies for growth. It offers market assessments, competitive analysis, opportunity analysis, growth consulting, M&A, and due diligence services to executives and key decision-makers in a variety of industries. For further information, visit www.lucintel.com "
-- END ---
Share Facebook Twitter
Print Friendly and PDF DisclaimerReport Abuse
Contact Email [email protected]
Issued By Hitesh
Phone 91-771-4288410
Business Address Lucintel, 8951 Cypress Waters Blvd., Suite 160, Dallas, TX 75019
Country United States
Categories Agriculture , Architecture , Blogging
Last Updated September 24, 2020