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This Gas Turbine market report is an exhaustive research on companies active in gas turbine sector, its applications, products, end-users, trends and predictions on how the market will grow in coming years. – PowerPoint PPT presentation

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Title: S12_00


1
Gas Turbine Market Analysis, Research and Trends
Report 2022- 2028
  • Gas Turbine Market analysis is covered in this
    latest research report that aims to help those
    taking daily business decisions by providing
    market trends information, competitive landscape
    scenario, forecasts and more.
  • The industry share in Europe is poised to expand
    at a substantial rate of 8.7 through 2028. The
    rise can be credited to an increase in capacity
    expansion initiatives by various market players.
  • The Asia Pacific gas turbine market size is set
    to witness considerable expansion owing to an
    upsurge in the research initiatives and MoUs in
    the region.

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  • Numerous companies in the aviation industry are
    signing contracts and agreements for the
    expansion of their production capacities and the
    introduction of new products. Considering an
    instance, in March 2022, Rolls-Royce and Air bp
    entered an agreement. The transaction was
    centered on the reduction of lifecycle carbon
    emissions for gas turbine tests conducted at
    three sites.
  • The deal was further aimed at ensuring the
    deployment of a 10 SAF (Sustainable Aviation
    Fuel) blend for engine testing at Rolls-Royce
    units in Germany and the U.K.
  • Considering an instance, in June 2021, IHI
    Corporation and GE inked a memorandum of
    understanding (MoU) for the collaborative
    development of their Ammonia Roadmap, focused on
    the gas turbine business. The initiative would
    support the usage of ammonia as a carbon-free
    fuel for the reduction of lower carbon emissions
    in new as well as existing turbines.
  • Furthermore, under the MoU, both the companies
    would conduct research pertaining to the
    marketplace volume of ammonia. Additionally, they
    would also undertake feasibility studies for
    ammonia as feedstock for the installation of gas
    turbine power plants in Japan and across the
    Asian continent.

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  • Regional Analysis
  • The Asia Pacific gas turbine market size is set
    to witness considerable expansion owing to an
    upsurge in the research initiatives and MoUs in
    the region. Considering an instance, in June
    2021, IHI Corporation and GE inked a memorandum
    of understanding (MoU) for the collaborative
    development of their Ammonia Roadmap, focused on
    the gas turbine business. The initiative would
    support the usage of ammonia as a carbon-free
    fuel for the reduction of lower carbon emissions
    in new as well as existing turbines.
  • Competitive Analysis
  • Capstone Green Energy Corporation, Mitsubishi
    Heavy Industries, Solar Turbines, UEC Saturn,
    Baker Hughes Company, Kawasaki Heavy Industries

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Latest Research Report On Gas Turbine Market_at_
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turbine-market
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