Machinery & Equipment Desk

Industrial Gas Turbine Ignition System Market Size, Share, Growth Rate 2019-2026 by Manufacturers, Regions, Types and Applications

Pressmeddelande   •   Mar 13, 2020 16:08 CET

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The global industrial gas turbine ignition system market size is expected to reach around US$ 2,474 Mn by 2026. In terms of value, the market is estimated to expand at a CAGR of 9.7% during the forecast period from 2019 to 2026. In terms of volume, the market stood at around 544 thousand units in 2018.

The Industrial gas turbines are engines using primary fuels for continuous combustion in the industrial space which plays a vital role these days in reducing CO2 emissions across the globe. This gas turbine installation especially in the power generation sector is expected to be the main factor for CO2 emission reduction. These gas turbines are ignited using an ignition system which is supplied by a large number of industry players.

The report analyzes and forecasts the industrial gas turbine ignition system market at global and regional levels. The market has been forecast based on volume (Tons) and value (US$ Mn) from 2019 to 2026. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.

The report comprises a detailed value chain analysis, which provides a comprehensive view of the global industrial gas turbine ignition system market. The Porter’s Five Forces model has also been included to help understand the competitive landscape of the market. The study encompasses market attractiveness analysis, wherein various applications have been benchmarked based on their market size, growth rate, and general attractiveness.

The study provides a decisive view of the industrial gas turbine ignition system market by segmenting it in terms of form and application. The segment has been analyzed based on the present and future trends. Regional segmentation includes the current and projected demand in North America, Europe, Asia Pacific, Latin America, and Middle East & Africa.

The report provides size (in terms of volume and value) of industrial gas turbine ignition system market for the base year 2018 and the forecast between 2019 and 2026. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.

The global industrial gas turbine ignition system market report has profiled the top players having a global presence such as Woodward, Inc., Unison, LLC, Champion Aerospace, Inc., Knite, Inc., Hatraco Technische Handelsonderneming B.V., Chentronics, LLC, Federal-Mogul LLC, Tesi Group, Meggitt PLC, and Hoerbiger Holding.

The industrial gas turbine ignition system market is segmented as below.

Industrial Gas Turbine Ignition System Market

By Component

  • Igniters
  • Exciters
  • Leads
  • Spark Plugs
  • Others

By Gas Turbine Type

  • Heavy-duty Gas Turbine
  • Light-duty Gas Turbine

By Application

  • Power Generation
  • Mechanical Drive

By Geography

  • North America
    • U.S.
    • Canada
    • Rest of North America
  • Europe
    • Germany
    • U.K.
    • France
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • Rest of Asia Pacific
  • Middle East & Africa (MEA)
    • GCC
    • South Africa
    • Rest of MEA
  • South America
    • Brazil
    • Rest of South America

Reasons to Buy the Report

The report will enrich established firms as well as new entrants/smaller firms to gauge the pulse of the market, which, in turn, would help them garner a greater share of the market. Firms purchasing the report could use one or any combination of the below-mentioned strategies to strengthen their position in the market.

This report provides insights into the following pointers:

  • Market Penetration: Comprehensive information on the product portfolios of the top players in the global industrial gas turbine ignition system market. The report analyzes this market by product, functionality, formulation, and region
  • Product Enhancement/Innovation: Detailed insights on the upcoming trends and product launches in the global industrial gas turbine ignition system market
  • Market Development: Comprehensive information on the lucrative emerging markets by product, functionality, formulation, and region
  • Market Diversification: Exhaustive information about new products or product enhancements, growing geographies, recent developments, and investments in the global industrial gas turbine ignition system market
  • Competitive Assessment: In-depth assessment of market shares, growth strategies, product offerings, and capabilities of leading players in the global industrial gas turbine ignition system market

Research Methodology:

In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.

Primary research represents a bulk of research efforts, supplemented by extensive secondary research. Annual reports, press releases, and relevant documents of key players operating in various application areas have been reviewed for competition analysis and market understanding.

Secondary research also includes recent trends, technical writing, Internet sources, and statistical data from government websites, trade associations, and agencies. These have proved to be reliable, effective, and successful approaches for obtaining precise market data, capturing market participants’ insights, and recognizing business opportunities.

The study objectives of this report are:

  • To analyze and study the global industrial gas turbine ignition system capacity, production, value, consumption, status (2014-2018) and forecast (2019-2026);
  • Focuses on the key industrial gas turbine ignition system manufacturers, to study the capacity, production, value, market share and development plans in future.
  • Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
  • To define, describe and forecast the market by type, application and region.
  • To analyze the global and key regions market potential and advantage, opportunity and challenge, restraints and risks.
  • To identify significant trends and factors driving or inhibiting the market growth.
  • To analyze the opportunities in the market for stakeholders by identifying the high growth segments.
  • To strategically analyze each submarket with respect to individual growth trend and their contribution to the market
  • To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market
  • To strategically profile the key players and comprehensively analyze their growth strategies.

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CHAPTER 1. Preface
1.1. Definition and Scope
1.2. Segmentation
1.3. Key Research Objectives
1.4. Research Highlights

CHAPTER 2. Assumptions and Research Methodologya

CHAPTER 3. Executive Summary : Global Industrial Gas Turbine Ignition Market

CHAPTER 4. Market Overview
4.1. Introduction
4.2. Market Dynamics
4.2.1. Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.3. Key Market Indicators
4.4. Industry SWOT Analysis
4.5. Porter’s Five Forces Analysis
4.6. Value Chain Analysis

CHAPTER 5. Global Market Analysis and Forecast, by Component
5.1. Definitions
5.2. Market Size (Thousand Units & US$ Mn) Forecast, by Component, 2016 - 2026
5.2.1. Igniters
5.2.2. Exciters
5.2.3. Leads
5.2.4. Spark Plugs
5.2.5. Others
5.3. Incremental Opportunity Analysis, by Component

CHAPTER 6. Global Market Analysis and Forecast, by Gas Turbine Type
6.1. Definitions
6.2. Market Size (Thousand Units & US$ Mn) Forecast, by Gas Turbine Type, 2016 - 2026
6.2.1. Heavy-duty Turbine
6.2.2. Light-duty Turbine
6.3. Incremental Opportunity Analysis, by Gas Turbine Type

7. Global Market Analysis and Forecast, by Application
7.1. Definitions & Overview
7.2. Market Size (Thousand Units & US$ Mn) Forecast, by Application, 2016 - 2026
7.2.1. Power Generation
7.2.2. Mechanical Drive
7.3. Incremental Opportunity Analysis, by Application

8. Global Market Analysis and Forecast, by Region
8.1. Key Findings
8.2. Market Size (Thousand Units & US$ Mn) Forecast, by Region, 2016 - 2026
8.2.1. North America
8.2.2. Europe
8.2.3. Asia Pacific
8.2.4. Middle East and Africa
8.2.5. South America
8.3. Incremental Opportunity Analysis, by Region

9. North America Industrial Gas Turbine Ignition Component Market Analysis and Forecast
9.1. Price Trend Analysis
9.2. Market Size (Thousand Units & US$ Mn) Forecast, by Component, 2016 - 2026
9.2.1. Igniters
9.2.2. Exciters
9.2.3. Leads
9.2.4. Spark Plugs
9.2.5. Others
9.3. Market Size (Thousand Units & US$ Mn) Forecast, by Gas Turbine Type, 2016 - 2026
9.3.1. Heavy-duty Turbine
9.3.2. Light-duty Turbine
9.4. Market Size (Thousand Units & US$ Mn) Forecast, by Application, 2016 - 2026
9.4.1. Power Generation
9.4.2. Mechanical Drive
9.5. Market Size (Thousand Units & US$ Mn) Forecast, by Country, 2016 - 2026
9.5.1. The U.S.
9.5.2. Canada
9.5.3. Rest of North America
9.6. Incremental Opportunity Analysis
9.6.1. By Component
9.6.2. By Gas Turbine Type
9.6.3. By Application
9.6.4. By Country

10. Europe Industrial Gas Turbine Ignition Component Market Analysis and Forecast
10.1. Price Trend Analysis
10.2. Market Size (Thousand Units & US$ Mn) Forecast, by Component, 2016 - 2026
10.2.1. Igniters
10.2.2. Exciters
10.2.3. Leads
10.2.4. Spark Plugs
10.2.5. Others
10.3. Market Size (Thousand Units & US$ Mn) Forecast, by Gas Turbine Type, 2016 - 2026
10.3.1. Heavy-duty Turbine
10.3.2. Light-duty Turbine
10.4. Market Size (Thousand Units & US$ Mn) Forecast, by Application, 2016 - 2026
10.4.1. Power Generation
10.4.2. Mechanical Drive
10.5. Market Size (Thousand Units & US$ Mn) Forecast, by Country, 2016 - 2026
10.5.1. Germany
10.5.2. U.K.
10.5.3. France
10.5.4. Rest of Europe
10.6. Incremental Opportunity Analysis
10.6.1. By Component
10.6.2. By Gas Turbine Type
10.6.3. By Application
10.6.4. By Country

11. Asia Pacific Industrial Gas Turbine Ignition Component Market Analysis and Forecast
11.1. Price Trend Analysis
11.2. Market Size (Thousand Units & US$ Mn) Forecast, by Component, 2016 - 2026
11.2.1. Igniters
11.2.2. Exciters
11.2.3. Leads
11.2.4. Spark Plugs
11.2.5. Others
11.3. Market Size (Thousand Units & US$ Mn) Forecast, by Gas Turbine Type, 2016 - 2026
11.3.1. Heavy-duty Turbine
11.3.2. Light-duty Turbine
11.4. Market Size (Thousand Units & US$ Mn) Forecast, by Application, 2016 - 2026
11.4.1. Power Generation
11.4.2. Mechanical Drive
11.5. Market Size (Thousand Units & US$ Mn) Forecast, by Country, 2016 - 2026
11.5.1. China
11.5.2. India
11.5.3. Japan
11.5.4. Rest of Asia Pacific
11.6. Incremental Opportunity Analysis
11.6.1. By Component
11.6.2. By Gas Turbine Type
11.6.3. By Application
11.6.4. By Country

12. Middle East & Africa Industrial Gas Turbine Ignition Component Market Analysis and Forecast
12.1. Price Trend Analysis
12.2. Market Size (Thousand Units & US$ Mn) Forecast, by Component, 2016 - 2026
12.2.1. Igniters
12.2.2. Exciters
12.2.3. Leads
12.2.4. Spark Plugs
12.2.5. Others
12.3. Market Size (Thousand Units & US$ Mn) Forecast, by Gas Turbine Type, 2016 - 2026
12.3.1. Heavy-duty Turbine
12.3.2. Light-duty Turbine
12.4. Market Size (Thousand Units & US$ Mn) Forecast, by Application, 2016 - 2026
12.4.1. Power Generation
12.4.2. Mechanical Drive
12.5. Market Size (Thousand Units & US$ Mn) Forecast, by Country, 2016 - 2026
12.5.1. GCC
12.5.2. South Africa
12.5.3. Rest of Middle East & Africa
12.6. Incremental Opportunity Analysis
12.6.1. By Component
12.6.2. By Gas Turbine Type
12.6.3. By Application
12.6.4. By Country

13. South America Industrial Gas Turbine Ignition Component Market Analysis and Forecast
13.1. Price Trend Analysis
13.2. Market Size (Thousand Units & US$ Mn) Forecast, by Component, 2016 - 2026
13.2.1. Igniters
13.2.2. Exciters
13.2.3. Leads
13.2.4. Spark Plugs
13.2.5. Others
13.3. Market Size (Thousand Units & US$ Mn) Forecast, by Gas Turbine Type, 2016 - 2026
13.3.1. Heavy-duty Turbine
13.3.2. Light-duty Turbine
13.4. Market Size (Thousand Units & US$ Mn) Forecast, by Application, 2016 - 2026
13.4.1. Power Generation
13.4.2. Mechanical Drive
13.5. Market Size (Thousand Units & US$ Mn) Forecast, by Country, 2016 - 2026
13.5.1. Brazil
13.5.2. Rest of South America
13.6. Incremental Opportunity Analysis
13.6.1. By Component
13.6.2. By Gas Turbine Type
13.6.3. By Application
13.6.4. By Country

14. Competition Landscape
14.1. Competition Matrix
14.2. Market Revenue Share Analysis (%), by Company, 2017
14.3. Company Profiles
14.3.1. Woodward, Inc.
14.3.2. Champion Aerospace
14.3.3. Unison Industries, LLC
14.3.4. Knite, Inc.
14.3.5. Hatraco Technische Handelsonderneming B.V.
14.3.6. Chentronics LLC
14.3.7. Federal-Mogul LLC
14.3.8. Tesi Group
14.3.9. Meggitt SA
14.3.10. Hoerbiger Holding

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