Ansaldo gas turbines are characterized by easy maintenance, high efficiency and low environmental impact. Website: Ansaldo Energia is one of the leading manufacturers of heavy duty gas turbines. Top 10 Gas Turbine Manufacturers in the World and Their Products 2018 Ansaldo Energia 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. 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.
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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. 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. Read more: The Top 10 Global Wind Turbine Companies Gas Turbine Industry Analysis These benefits of gas turbines along with stricter carbon emission norms will drive the demand for gas turbines in the coming years. 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. The gas turbines can also be operated with clean and renewable sources of energy thus reducing carbon emissions. The advantages of a gas turbine include high reliability, low operating costs and high-power density.
This mechanical energy can be used for powering various industrial processes. What is Gas Turbine and How Does it Work?Ī gas turbine is a type of internal combustion engine that converts chemical energy of fuels into mechanical energy in the form of rotational power. 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. 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.
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