Transparency Market Research Turbines Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020 Published Date 01-April-2015 140 Page Report Buy Now Request Sample Press Release Global Turbines Market to Reach US$191.8 bn by 2020 owing to Increasing Requirement for Power Generation: TMR Transparency Market Research State Tower, 90, State Street, Suite 700. Albany, NY 12207 United States www.transparencymarketresearch.com [email protected] Global Turbine Market REPORT DESCRIPTION Turbines Market by Product - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020 A new Transparency Market Research report states that the global turbines market stood at US$135.7 bn in 2013 and is predicted to reach US$191.8 bn by 2020. It is predicted to expand at a CAGR of 4.89% from 2014 to 2020. The title of the report is “Turbines Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020.” Browse the full Turbines Market by Product (Hydro, Steam, Gas-based, Wind and Nuclear) for Applications (Power Generation, Power Storage, Marine and Aeronautics) - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast, 2014 – 2020 report at: http://www.transparencymarketresearch.com/turbines-market.html As per the report, the increasing requirement for power generation, especially in emerging economies, and the reduced risk of technology failure, resulting in increased demand from investors, are amongst the chief factors propelling the growth of the turbines market. Furthermore, the rising global demand for heat owing to the increasing global population is also a prime factor augmenting the market for turbines. In addition, the introduction of new components in turbine technology resulting in cost saving has emerged as a key opportunity in the market. On the other hand, the soaring initial costs of investments and turbines being climate-dependent systems are amongst the major factors that may inhibit the growth of the turbines market in the coming years. In addition, a number of project site issues owing to the low noise tolerance as well as emission impact of turbines may also have a negative impact on the growth of the market for turbines. The report segments the market on the basis of product type, end use, and geography. 2 Transparency Market Research Global Turbine Market Get Free PDF Brochure for more Professional and Technical industry insights: http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=2873 The report, on the basis of product type, segments the market into steam, hydropower, wind, gas-based, and nuclear. Amongst these, the segment of steam turbines emerged as the prime source of power generation in 2014 and is predicted to rise exponentially in the coming years. On the basis of end use, the turbines market is segmented into power storage, power generation, aeronautics, and marine. In terms of geography, the report segments the market into Europe, North America, Asia Pacific, and Rest of the World (RoW). Amongst these, in 2013, on the basis of installed turbine capacity, Asia Pacific constituted a share of over 40% in the market. The region of Asia Pacific was valued at US$42.9 bn in 2013 and is predicted to reach US$68.5 bn by 2020, expanding at a CAGR of 5.81% between 2014 and 2020. This is owing to the swift development of oilfield projects within the region of Asia Pacific. As per this study, the major players operating in the turbines market are General Electric Energy, Alstom S.A., Siemens Energy, Doosan Fuel Cell America, Inc., Ballard Power Systems Inc., Vestas Wind Systems A/S, Goldwind Science & Technology Co., Ltd., Kirloskar Brothers Limited, and Sinovel Wind Group Co., Ltd., among others. Browse Press Release: http://www.transparencymarketresearch.com/pressrelease/turbines-market.htm TABLE OF CONTENT CHAPTER 1 PREFACE 1.1 REPORT DESCRIPTION 1.2 RESEARCH SCOPE 1.3 MARKET SEGMENTATION 1.4 RESEARCH METHODOLOGY 3 Transparency Market Research Global Turbine Market CHAPTER 2 EXECUTIVE SUMMARY CHAPTER 3 TURBINES MARKET – INDUSTRY ANALYSIS 3.1 INTRODUCTION 3.2 VALUE CHAIN ANALYSIS 3.3 MARKET DRIVERS 3.3.1 GROWING NEED FOR POWER GENERATION, PRIMARILY IN DEVELOPING ECONOMIES 3.3.2 AGGRESSIVE RENEWABLE ENERGY CAPACITY ADDITION TARGETS FOR WIND ENERGY ESTABLISHED THROUGH LEGISLATIONS 3.3.3 LOW RISK OF TECHNOLOGY FAILURE REINSTATING INVESTOR CONFIDENCE 3.4 MARKET RESTRAINTS 3.4.1 LOW TOLERANCE FOR NOISE COUPLED WITH EMISSION IMPACT OF TURBINES, RESULTING IN PROJECT SITE ISSUES 3.4.2 HIGH INITIAL COST AND CLIMATE-DEPENDENT SYSTEMS 3.5 MARKET OPPORTUNITIES 3.5.1 MANUFACTURING OF VITAL COMPONENTS FOR TURBINE TECHNOLOGY USING ALTERNATIVE MATERIALS TO DERIVE COST SAVING 3.5.2 PROSPECTS OF STRATEGIC ALLIANCE, MERGERS, AND ACQUISITIONS IN MARKET 3.6 PORTER’S FIVE FORCES ANALYSIS 3.6.1 BARGAINING POWER OF SUPPLIERS 3.6.2 BARGAINING POWER OF BUYERS 3.6.3 THREAT FROM SUBSTITUTES 3.6.4 THREAT OF NEW ENTRANTS 4 Transparency Market Research Global Turbine Market 3.6.5 DEGREE OF COMPETITION 3.7 POWER GENERATION: PLANT COST ANALYSIS 3.7.1 GLOBAL POWER PLANT COST BREAKDOWN AND FORECAST, BY COST TYPE, 2013 – 2020 (MILLION USD/MW) 3.7.1.1 Civil Works 3.7.1.2 Grid Connections 3.7.1.3 Generator Cost Analysis 3.7.1.4 Power Converter Cost Analysis 3.7.1.5 Transformers Cost Analysis 3.8 MARKET ATTRACTIVENESS ANALYSIS FOR GLOBAL TURBINES MARKET, BY REVENUE, 2013 CHAPTER 4 GLOBAL TURBINES MARKET: END-USER INDUSTRY ANALYSIS 4.1 GLOBAL TURBINES MARKET: END-USER INDUSTRY OVERVIEW 4.1.1 GLOBAL TURBINES MARKET VOLUME SHARE, BY END-USER INDUSTRY, 2013 AND 2020 4.1.2 GLOBAL TURBINES MARKET REVENUE SHARE, BY END-USER INDUSTRY, 2013 AND 2020 4.2 POWER GENERATION INDUSTRY TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 4.3 POWER STORAGE INDUSTRY TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 4.4 MARINE INDUSTRY TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 5 Transparency Market Research Global Turbine Market 4.5 AERONAUTICS INDUSTRY TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) CHAPTER 5 GLOBAL TURBINES MARKET: PRODUCT SEGMENT ANALYSIS 5.1 GLOBAL TURBINES MARKET: PRODUCT OVERVIEW 5.1.1 GLOBAL TURBINES MARKET VOLUME SHARE BY PRODUCT SEGMENT, 2013 AND 2020 5.2 HYDROPOWER TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 5.3 STEAM TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 5.4 GAS-BASED TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 5.5 WIND TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) 5.6 NUCLEAR TURBINES MARKET, BY VOLUME AND REVENUE, 2013 – 2020 (GW) (USD BILLION) CHAPTER 6 GLOBAL TURBINES MARKET: REGIONAL ANALYSIS 6.1 GLOBAL TURBINES MARKET: REGIONAL OVERVIEW 6.2 NORTH AMERICA 6.2.1 NORTH AMERICA TURBINES MARKET VOLUME AND REVENUE, BY APPLICATION, 2013 – 2020 (GW) (USD BILLION) 6.2.2 NORTH AMERICA TURBINES MARKET VOLUME AND REVENUE, BY PRODUCT SEGMENT, 2013 – 2020 (GW) (USD BILLION) 6.3 EUROPE 6.3.1 EUROPE TURBINES MARKET VOLUME AND REVENUE, BY APPLICATION, 2013 – 2020 (GW) (USD BILLION) 6 Transparency Market Research Global Turbine Market 6.3.2 EUROPE TURBINES MARKET VOLUME AND REVENUE, BY PRODUCT SEGMENT, 2013 – 2020 (GW) (USD BILLION) 6.4 ASIA PACIFIC 6.4.1 ASIA PACIFIC TURBINES MARKET VOLUME AND REVENUE, BY APPLICATION, 2013 – 2020 (GW) (USD BILLION) 6.4.2 ASIA PACIFIC TURBINES MARKET VOLUME AND REVENUE, BY PRODUCT SEGMENT, 2013 – 2020 (GW) (USD BILLION) 6.5 REST OF THE WORLD (ROW) 6.5.1 REST OF THE WORLD (ROW) TURBINES MARKET VOLUME AND REVENUE, BY APPLICATION, 2013 – 2020 (GW) (USD BILLION) 6.5.2 REST OF THE WORLD (ROW) TURBINES MARKET VOLUME AND REVENUE, BY PRODUCT SEGMENT, 2013 – 2020 (GW) (USD BILLION) CHAPTER 7 COMPANY PROFILES 7.1 VOITH GMBH 7.1.1 COMPANY OVERVIEW 7.1.2 FINANCIAL OVERVIEW 7.1.3 VOITH GMBH REGISTERED TOTAL REVENUE OF USD 6.18 BILLION IN 2013 COMPARED TO USD 6.62 BILLION IN 2012. IN 2013, VOITH’S REVENUE DROPPED BY 6.64% AS COMPARED TO 2012. 7.1.4 BUSINESS STRATEGY 7.1.5 RECENT DEVELOPMENTS 7.2 GAMESA CORPORACIÓN TECNOLÓGICA SA 7.2.1 COMPANY OVERVIEW 7 Transparency Market Research Global Turbine Market 7.2.2 PRODUCT PORTFOLIO 7.2.3 FINANCIAL OVERVIEW 7.2.4 BUSINESS STRATEGY 7.2.5 RECENT DEVELOPMENTS 7.3 GOLDWIND SCIENCE AND TECHNOLOGY CO. LTD. 7.3.1 COMPANY OVERVIEW 7.3.2 PRODUCT PORTFOLIO 7.3.3 FINANCIAL OVERVIEW 7.3.4 BUSINESS STRATEGY 7.3.5 RECENT DEVELOPMENTS 7.4 SIEMENS WIND POWER 7.4.1 COMPANY OVERVIEW 7.4.2 PRODUCT PORTFOLIO 7.4.3 FINANCIAL OVERVIEW 7.4.4 BUSINESS STRATEGY 7.4.5 RECENT DEVELOPMENTS 7.5 SINOVEL WIND GROUP CO. LTD. 7.5.1 COMPANY OVERVIEW 7.5.2 PRODUCT PORTFOLIO 7.5.3 BUSINESS STRATEGY 7.6 VESTAS WIND SYSTEMS A/S 7.6.1 COMPANY OVERVIEW 8 Transparency Market Research Global Turbine Market 7.6.2 PRODUCT PORTFOLIO 7.6.3 FINANCIAL OVERVIEW 7.6.4 BUSINESS STRATEGY 7.6.5 RECENT DEVELOPMENTS 7.7 DONGFANG ELECTRIC CORPORATION LIMITED 7.7.1 COMPANY OVERVIEW 7.7.2 PRODUCT PORTFOLIO 7.7.3 FINANCIAL OVERVIEW 7.7.4 BUSINESS STRATEGY 7.7.5 RECENT DEVELOPMENTS 7.8 GE WIND ENERGY 7.8.1 COMPANY OVERVIEW 7.8.2 PRODUCT PORTFOLIO 7.8.3 FINANCIAL OVERVIEW 7.8.4 BUSINESS STRATEGY 7.8.5 RECENT DEVELOPMENTS 7.9 ENERCON GMBH 7.9.1 COMPANY OVERVIEW 7.9.2 PRODUCT PORTFOLIO 7.9.3 BUSINESS STRATEGY 7.9.4 RECENT DEVELOPMENTS 7.10 NORDEX SE 9 Transparency Market Research Global Turbine Market 7.10.1 COMPANY OVERVIEW 7.10.2 PRODUCT PORTFOLIO 7.10.3 FINANCIAL OVERVIEW 7.10.4 BUSINESS STRATEGY 7.10.5 RECENT DEVELOPMENTS 7.11 CHINA MING YANG WIND POWER GROUP LIMITED 7.11.1 COMPANY OVERVIEW 7.11.2 PRODUCT PORTFOLIO 7.11.3 FINANCIAL OVERVIEW 7.11.4 BUSINESS STRATEGY 7.11.5 RECENT DEVELOPMENTS 7.12 ORMAT TECHNOLOGIES, INC. 7.12.1 COMPANY OVERVIEW 7.12.2 PRODUCT PORTFOLIO 7.12.3 FINANCIAL OVERVIEW 7.12.4 BUSINESS STRATEGY 7.12.5 RECENT DEVELOPMENTS 7.13 ENEL GREEN POWER 7.13.1 COMPANY OVERVIEW 7.13.2 PRODUCT PORTFOLIO 7.13.3 FINANCIAL OVERVIEW 7.13.4 BUSINESS STRATEGY 10 Transparency Market Research Global Turbine Market 7.13.5 RECENT DEVELOPMENTS 7.14 CYRQ ENERGY, INC. 7.14.1 COMPANY OVERVIEW 7.14.2 PRODUCT PORTFOLIO 7.14.3 BUSINESS STRATEGY 7.14.4 RECENT DEVELOPMENTS 7.15 CALPINE CORPORATION 7.15.1 COMPANY OVERVIEW 7.15.2 PRODUCT PORTFOLIO 7.15.3 FINANCIAL OVERVIEW 7.15.4 BUSINESS STRATEGY 7.15.5 RECENT DEVELOPMENTS 7.16 ALTERRA POWER CORPORATION 7.16.1 COMPANY OVERVIEW 7.16.2 PRODUCT PORTFOLIO 7.16.3 FINANCIAL OVERVIEW 7.16.4 BUSINESS STRATEGY 7.16.5 RECENT DEVELOPMENTS 7.17 NORTHERN CALIFORNIA POWER AGENCY 7.17.1 COMPANY OVERVIEW 7.17.2 PRODUCT PORTFOLIO 7.17.3 FINANCIAL OVERVIEW 11 Transparency Market Research Global Turbine Market 7.17.4 BUSINESS STRATEGY 7.17.5 RECENT DEVELOPMENTS 7.18 RAM POWER CORPORATION 7.18.1 COMPANY OVERVIEW 7.18.2 PRODUCT PORTFOLIO 7.18.3 FINANCIAL OVERVIEW 7.18.4 BUSINESS STRATEGY 7.18.5 RECENT DEVELOPMENTS 7.19 U.S. GEOTHERMAL, INC. 7.19.1 COMPANY OVERVIEW 7.19.2 PRODUCT PORTFOLIO 7.19.3 FINANCIAL OVERVIEW 7.19.4 BUSINESS STRATEGY 7.19.5 RECENT DEVELOPMENTS 7.20 CONTACT ENERGY 7.20.1 COMPANY OVERVIEW 7.20.2 PRODUCT PORTFOLIO 7.20.3 FINANCIAL OVERVIEW 7.20.4 BUSINESS STRATEGY 7.20.5 RECENT DEVELOPMENTS 7.21 SUMITOMO CORPORATION 7.21.1 COMPANY OVERVIEW 12 Transparency Market Research Global Turbine Market 7.21.2 PRODUCT PORTFOLIO 7.21.3 FINANCIAL OVERVIEW 7.21.4 BUSINESS STRATEGY 7.21.5 RECENT DEVELOPMENTS 7.22 MANNVIT 7.22.1 COMPANY OVERVIEW 7.22.2 PRODUCT PORTFOLIO 7.22.3 FINANCIAL OVERVIEW 7.22.4 BUSINESS STRATEGY 7.22.5 RECENT DEVELOPMENTS 7.23 MITSUBISHI HEAVY INDUSTRIES LTD. 7.23.1 COMPANY OVERVIEW 7.23.2 PRODUCT PORTFOLIO 7.23.3 FINANCIAL OVERVIEW 7.23.4 BUSINESS STRATEGY 7.23.5 RECENT DEVELOPMENTS 7.24 ENERGY DEVELOPMENT CORPORATION 7.24.1 COMPANY OVERVIEW 7.24.2 PRODUCT PORTFOLIO 7.24.3 FINANCIAL OVERVIEW 7.24.4 BUSINESS STRATEGY 7.24.5 RECENT DEVELOPMENTS 13 Transparency Market Research Global Turbine Market List of Figures FIG. 1 Global Turbines: Market Segmentation FIG. 2 Global Turbines Market Volume and Revenue, 2013 – 2020 (GW) (USD Billion) FIG. 3 Value Chain Analysis of Global Turbines Market FIG. 4 Porter’s Five Forces Analysis FIG. 5 Global Power Generation Market, Project Cost Breakdown, by Cost Type, 2013 and 2020 FIG. 6 Civil Works Cost Reduction Opportunity, by Cost Influencing Factors FIG. 7 Grid Connection Cost Reduction Opportunity, by Cost Influencing Factors FIG. 8 Power Converter Cost Reduction Opportunity, by Cost Influencing Factors FIG. 9 Transformer Cost Reduction Opportunity, by Cost Influencing Factors FIG. 10 Market Attractiveness Analysis of Global Turbines Market, by End-user Industry, 2013 FIG. 11 Global Turbines Market Volume Share, by End-user Industry, 2013 and 2020 FIG. 12 Global Turbines Market Revenue Share, by End-user Industry, 2013 and 2020 FIG. 13 Power Generation Industry Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 14 Power Storage Industry, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 15 Marine Industry, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 16 Aeronautics Industry, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 17 Global Turbines Market Volume Share, by Product Segment, 2013 and 2020 FIG. 18 Global Turbines Market Revenue Share, by Product Segment, 2013 and 2020 FIG. 19 Hydropower Turbines, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 20 Steam Turbines, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) 14 Transparency Market Research Global Turbine Market FIG. 21 Gas-based Turbines, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 22 Wind Turbines, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 23 Nuclear Turbines, Global Volume and Revenue Estimates, 2013 – 2020 (GW) (USD Billion) FIG. 24 Global Turbines Market, Revenue Share by Region, 2013 and 2020 FIG. 25 Global Turbines Market, Volume Share by Region, 2013 and 2020 List of Tables TABLE 1 Global Turbine Market: Snapshot, 2013 & 2020 TABLE 2 Drivers of Turbine Market: Impact Analysis TABLE 3 Restraints of Turbine Market: Impact Analysis TABLE 4 Opportunities of Turbine Market: Impact Analysis TABLE 5 Global power plant cost breakdown and forecast, by cost type, 2013 – 2020 (Million USD/MW) TABLE 6 North America Turbines Market Volume, by Application Segment, 2013 – 2020 (GW) TABLE 7 North America Turbines Market Revenue, by Application Segment, 2013 – 2020 (USD Billion) TABLE 8 North America Turbines Market Volume, by Product Segment, 2013 – 2020 (GW) TABLE 9 North America Turbines Market Revenue, by Product Segment, 2013 – 2020 (USD Billion) TABLE 10 Europe Turbines Market Volume, by Application Segment, 2013 – 2020 (GW) TABLE 11 Europe Turbines Market Revenue, by Application Segment, 2013 – 2020 (USD Billion) TABLE 12 Europe Turbines Market Volume, by Product Segment, 2013 – 2020 (GW) TABLE 13 Europe Turbines Market Revenue, by Product Segment, 2013 – 2020 (USD Billion) TABLE 14 Asia Pacific Turbines Market Volume, by Application Segment, 2013 – 2020 (GW) TABLE 15 Asia Pacific Turbines Market Revenue, by Application Segment, 2013 – 2020 (USD Billion) 15 Transparency Market Research Global Turbine Market TABLE 16 Asia Pacific Turbines Market Volume, by Product Segment, 2013 – 2020 (GW) TABLE 17 Asia Pacific Turbines Market Revenue, by Product Segment, 2013 – 2020 (USD Billion) TABLE 18 Rest of the World (RoW) Turbines Market Volume, by Application Segment, 2013 – 2020 (GW) TABLE 19 Rest of the World (RoW) Turbines Market Revenue, by Application Segment, 2013 – 2020 (USD Billion) TABLE 20 Rest of the World (RoW) Turbines Market Volume, by Product Segment, 2013 – 2020 (GW) TABLE 21 Rest of the World (RoW) Turbines Market Revenue, by Product Segment, 2013 – 2020 (USD Billion) TABLE 22 Product offering of Voith GmbH TABLE 23 Product offering of Gamesa Corporación Tecnológica SA TABLE 24 Product offering of Goldwind Science and Technology Co. Ltd. TABLE 25 Product offering of Siemens Wind Power TABLE 26 Product offering of Sinovel Wind Group Co. Ltd. TABLE 27 Product offering of Vestas Wind systems A/S TABLE 28 Product offering of Dongfang Electric Corporation Limited TABLE 29 Product offering of GE Wind Energy TABLE 30 Product offering of Enercon GmbH TABLE 31 Product offering of Nordex SE TABLE 32 Product offering of China Ming Yang Wind Power Group Limited TABLE 33 Product offering of Ormat Technologies, Inc. TABLE 34 Product offering of Enel Green Power TABLE 35 Product offering of CYRQ Energy, Inc. TABLE 36 Product offering of Calpine Corporation 16 Transparency Market Research Global Turbine Market TABLE 37 Product offering of Alterra Power Corporation TABLE 38 Product offering of Northern California Power Agency TABLE 39 Product offering of Ram Power Corporation TABLE 40 Product offering of U.S. Geothermal, Inc. TABLE 41 Product offering of Contact Energy TABLE 42 Product offering of Sumitomo Corporation TABLE 43 Product offering of Mannvit TABLE 44 Product offering of Mitsubishi Heavy Industries Ltd. TABLE 45 Product offering of Energy Development Corporation Browse All Energy Market Research Reports: http://www.transparencymarketresearch.com/energy-market-reports-3.html About Us Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. 17 Transparency Market Research Global Turbine Market Contact Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453 Email: [email protected] Website: http://www.transparencymarketresearch.com/ LinkedIn: https://www.linkedin.com/today/author/430748012 Browse The Market Research Blog: http://globalresearchmarket.blogspot.in/ 18 Transparency Market Research

A new Transparency Market Research report states that the global turbines market stood at US$135.7 bn in 2013 and is predicted to reach US$191.8 bn by 2020. It is predicted to ex-pand at a CAGR of 4.89% from 2014 to 2020. The title of the report is “Turbines Market - Global Industry Analysis, Market Size, Share, Growth, Trends and Forecast 2014 - 2020.”