A new research report by Transparency Market Research offers a comprehensive evaluation of the global Gas Turbine Upgrades Market. The study, titled “Gas Turbine Upgrades for Performance Enhancement Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025”, is available for sale on the firm’s website.
Presently, gas turbines is one of the most popular and widely used power generating technologies. Gas turbine is a common type of internal combustion engine that uses hot gases produced from combustion of the air-fuel mixture to rotate the turbine blades for generating the power. For several years, gas turbines have been used in the aerospace industry and other industries. Gas turbines can run on a variety of fuels such as fuel oil, synthetic fuel, and natural gas. Gas turbines consist of three primary components mounted on the same shaft: compressor, combustion chamber, and turbine.
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With the emergence of renewable sources of energy and continuous growth of power generation and gas sectors, the need for advancements in existing gas turbines has emerged. The performance of gas turbines is restricted by the ambient temperature, as the power output of gas turbines is inversely proportional to the ambient temperature. The air mass flow rate decreases when the ambient temperature increases, which results in reduced power output from gas turbines.
Based on method of cooling the inlet air, the gas turbine upgrades for performance enhancement market can be classified into evaporative cooling, fogging, wet compression, inlet chilling, and others. In the evaporative cooling method, a wet medium is installed in the filter house cross-section of a gas turbine. The medium is maintained constantly wet by using high-quality water. The air that enters the filter house passes over the wet medium and gets cooled with the evaporation of water into the air stream. The fogging method is an active version of evaporative cooling. It uses pressurized water that is sprayed in the form of ultra-fine droplets into the air stream. The water used for the process is generally de-mineralized water. In the wet compression method, pressurized and de-mineralized water is injected near the gas turbine inlet. It is also injected in various stages of the compressor section of the gas turbine. The water is injected in the form of ultra-fine droplets of mist into the system. The inlet chilling method employs a cooling coil installed in the cross-section of a filter plenum of a gas turbine. Cold water is generally pumped through the cooling coil as the inlet air in the gas turbine flows through this coil. The others segment comprises steam injection, air injection, and other techniques used for cooling the inlet air to enhance the performance of the gas turbine.
Based on turbine cycle, the gas turbine upgrades for performance enhancement market can be segmented into simple cycle and combined cycle. Simple cycle gas turbine is a gas turbine operating normally on Brayton cycle and it has one power cycle. The combined cycle gas turbine uses a heat recovery steam generator along with a simple cycle gas turbine operating on Brayton cycle to capture the heat from exhaust gases leaving the turbine. The heat captured from exhaust gases is employed to produce steam, which is, in turn, used to run steam turbines to generate more power.
Based on region, the gas turbine upgrades for performance enhancement market can be divided into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America is expected to hold a significant share in the global gas turbine upgrades for performance enhancement market during the forecast period. Europe is expected to follow North America during the same period. The market in Asia Pacific is anticipated to expand at a significant rate in the next few years, due to technological advancements and developing infrastructure in India and China.
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Some of the major companies operating in the gas turbine upgrades for performance enhancement market are General Electric, Siemens AG, Stellar Energy, Mee Industries Inc., ENRGISTX, and Araner.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
The study is a source of reliable data on:
- Market segments and sub-segments
- Market trends and dynamics
- Supply and demand
- Market size
- Current trends/opportunities/challenges
- Competitive landscape
- Technological breakthroughs
- Value chain and stakeholder analysis
The regional analysis covers:
- North America (U.S. and Canada)
- Latin America (Mexico, Brazil, Peru, Chile, and others)
- Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland and Russia)
- Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
- Middle East and Africa (GCC, Southern Africa, and North Africa)
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