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Study #: 3009

Published: 03/2013

Pages: 437

Full Study Price: US$ 6,100

Per Page Price: US$ 35.00 (text) | 60.00 (table)

World Turbines to 2016 - Industry Market Research, Market Share, Market Size, Sales, Demand Forecast, Market Leaders, Company Profiles, Industry Trends

The world market for turbines and related products (turbine-based engines, generators, and generator sets) is forecast to rise 6.4 percent annually to $162 billion in 2016. Wind turbines will remain the largest and fastest growing segment (albeit at a more moderate rate), while demand for gas combustion turbines will accelerate.

This study analyzes the $119 billion world turbine industry. It presents historical demand data for the years 2001, 2006 and 2011, and forecasts for 2016 and 2021 by application (e.g., electric power generation, aircraft engines, marine), product (e.g., wind, gas combustion, steam and hydraulic, turbine engines, turbine generators and generator sets), world region and for 22 countries.

The study also considers market environment factors, details industry structure, evaluates company market share and profiles 34 industry competitors such as General Electric, Siemens, and Vestas Wind Systems.

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				    TABLE OF CONTENTS

     SECTION									    PAGE

		INTRODUCTION							      xi

	I.	EXECUTIVE SUMMARY						       1

	II.	MARKET ENVIRONMENT						       4
		General								       4
		World Population Outlook					       5
		World Economic Overview						       6
		   Recent Historical Trends					       6
		   World Economic Outlook					       8
		World Industrial Overview					      12
		   World Manufacturing Outlook					      13
		   World Fixed Investment Outlook				      15
		   Aerospace Equipment Manufacturing Trends			      17
		World Electric Power Generation Outlook				      21
		   Electricity Generation					      21
		   Distributed Power/Micropower					      23
		World Wind Energy Overview					      24
		Turbine Pricing Patterns					      26
		Turbine Technology Trends					      28
		   Basic Turbine Operation & Actuation Methods			      29
		   Alternative/Competitive Power Sources			      31
		      Photovoltaics						      32
		      Fuel Cells						      33
		Environmental & Regulatory Issues				      35

	III.	OVERVIEW							      38
		General								      38
		World Turbine Markets						      39
		   Regional Markets						      41
		   Applications							      43
		      Electric Power Generation					      45
		      Aircraft Engines						      47
		      Marine & Other						      53
		   Products							      54
		      Wind							      56
		      Gas Combustion						      60
		      Steam & Hydraulic						      63
		      Turbine Engines						      66
		      Turbine Generators & Generator Sets			      70
		World Turbine Production					      72
		International Trade						      75

	IV.	NORTH AMERICA							      78
		General								      78
		Supply & Demand							      79
		Outlook & Suppliers						      81
		United States							      84
		Canada								      92
		Mexico								      98

	V.	WESTERN EUROPE							     104
		General								     104
		Supply & Demand							     105
		Outlook & Suppliers						     108
		Belgium								     110
		Denmark								     115
		France								     120
		Germany								     126
		Italy								     132
		Netherlands							     137
		Spain								     142
		Sweden								     148
		Switzerland							     152
		United Kingdom							     157
		Other Western Europe						     163

	VI.	ASIA/PACIFIC							     168
		General								     168
		Supply & Demand							     169
		Outlook & Suppliers						     171
		Australia							     173
		China								     178
		India								     187
		Japan								     193
		South Korea							     200
		Other Asia/Pacific						     206

	VII.	OTHER REGIONS							     212
		Central & South America						     212
		   General							     212
		   Supply & Demand						     213
		   Outlook & Suppliers						     215
		   Brazil							     217
		   Other Central & South America				     223
		Eastern Europe							     227
		   General							     227
		   Supply & Demand						     228
		   Outlook & Suppliers						     231
		   Czech Republic						     232
		   Poland							     237
		   Russia							     242
		   Other Eastern Europe						     248
		Africa/Mideast							     254
		   General							     254
		   Supply & Demand						     255
		   Outlook & Suppliers						     257

	VIII.	INDUSTRY STRUCTURE						     260
		General								     260
		Industry Composition & Market Share				     263
		   Electric Power Generation					     265
		   Aircraft Engines						     267
		Product Development & Manufacturing				     269
		Marketing & Distribution					     270
		Financial Issues & Requirements					     271
		Mergers & Acquisitions						     273
		Cooperative Agreements						     277
		Company Profiles						     301
		   ABB Limited							     302
		   Acciona SA							     304
		   Alstom SA							     306
		   Ansaldo Energia, see Finmeccanica
		   Avio SpA							     310
		   Bharat Heavy Electricals Limited				     317
		   BHEL-GE Gas Turbine Services, see Bharat Heavy Electricals and 
			General Electric
		   Capstone Turbine Corporation					     319
		   Caterpillar Incorporated					     321
		   CFE, see General Electric and Honeywell International
		   CFM International, see General Electric and SAFRAN
		   China Chang Jiang Energy Corporation				     324
		   Dongfang Electric Corporation				     326
		   Doosan Heavy Industries and Construction
		      Company Limited						     328
		   Dresser-Rand Group Incorporated				     331
		   Enercon GmbH							     334
		   Engine Alliance, see General Electric and United Technologies
		   EPI Europrop International, see MTU Aero Engines 
		      Holding, Rolls-Royce Holdings, and SAFRAN
		   EUROJET Turbo, see Avio, MTU Aero Engines Holding, 
		      and Rolls-Royce Holdings
		   EUTurbines, see Alstom, Caterpillar, Doosan Heavy 
		      Industries and Construction, Dresser-Rand Group, Finmeccanica, 
		      General Electric, MAN, Rolls-Royce Holdings, and Siemens
		   Famat, see General Electric and SAFRAN
		   Finmeccanica SpA						     335
		   Gamesa Corporación Tecnólogica SA				     338
		   GE Aviation, see General Electric
		   GE Honda Aero Engines, see General Electric
		   General Electric Company					     340
		   GKN plc							     351
		   Hamilton Sundstrand, see United Technologies
		   Hitachi Limited						     357
		   Hitachi Mitsubishi Hydro, see Hitachi and Mitsubishi 
		      Heavy Industries
		   Honeywell International Incorporated				     360
		   IAE International Aero Engines, see IHI
		   IHI Corporation						     363
		   L&T-MHI Turbine Generators Private, see Mitsubishi 
		      Heavy Industries
		   Light Helicopter Turbine Engine, see Honeywell 
		      International and Rolls-Royce Holdings
		   MAN SE							     367
		   Microturbo, see SAFRAN
		   Mitsubishi Heavy Industries Dongfang Gas Turbine 
		      Guangzhou, see Dongfang Electric and Mitsubishi Heavy Industries
		   Mitsubishi Heavy Industries Limited				     370
		   MTU Aero Engines Holding GmbH				     377
		   MTU Turbomeca Rolls-Royce, see MTU Aero Engines 
		      Holding, Rolls-Royce Holdings, and SAFRAN
		   MTU Turbomeca Rolls-Royce ITP, see MTU Aero 
		      Engines Holding and Rolls-Royce Holdings
		   Nordex SE							     385
		   Pratt & Whitney, see United Technologies
		   REpower Systems, see Suzlon Energy
		   Rolls-Royce Holdings plc					     388
		   Rolls-Royce Snecma, see Rolls-Royce Holdings
		      and SAFRAN
		   Rolls-Royce Turbomeca, see Rolls-Royce Holdings
		      and SAFRAN
		   SAFRAN SA							     398
		   Siemens AG							     406
		   Sinovel Wind Group Company Limited				     410
		   Skoda Power sro, see Doosan Heavy Industries
		      and Construction
		   Snecma, see SAFRAN
		   Solar Turbines, see Caterpillar
		   Suzlon Energy Limited					     412
		   Techspace Aero, see SAFRAN
		   Tidal Generation, see Alstrom
		   Toshiba Corporation						     416
		   Toshiba GE Turbine Components, see General Electric and Toshiba
		   Toshiba GE Turbine Services, see General Electric
		      and Toshiba
		   Toshiba IHI Power Systems, see IHI and Toshiba
		   Turbo-Union, see Avio, MTU Aero Engines Holding,
		      and Rolls-Royce Holdings
		   Turbomeca, see SAFRAN
		   United Technologies Corporation				     420
		   VENSYS Energy, see Xinjiang Goldwind Science
		      & Technology
		   Vericor Power Systems, see MTU Aero Engines Holding
		   Vestas Wind Systems A/S					     429
		   Voith GmbH							     433
		   Voith Hydro Holding, see Siemens and Voith
		   Volvo AB							     436
		   Volvo Aero, see GKN
		   Xian Avio XAE Aviation Components, see Avio
		   Xinjiang Goldwind Science & Technology
		      Company Limited						     437


				      LIST OF TABLES

    TABLE NUMBER								    PAGE


		SECTION I -- EXECUTIVE SUMMARY
		Summary Table							       3

		SECTION II -- MARKET ENVIRONMENT
	1	World Population by Region					       6
	2	World Gross Domestic Product by Region				      12
	3	World Manufacturing Value Added by Region			      15
	4	World Fixed Investment by Region				      17
	5	World Aerospace Equipment Shipments by Region			      20
	6	World Electric Power Generation by Region			      23
	7	World Wind Power by Country, 2011				      26

		SECTION III -- OVERVIEW
	1	World Turbine Product Demand by Region				      42
	2	World Turbine Product Demand by Application			      44
	3	World Electric Power Generation Turbine Product Demand 
		   by Region							      47
	4	World Turbine-Based Aircraft Engine Demand by Region		      49
	5	Turbine Engine Producers for Selected Aircraft			      50
	6	World Marine & Other Applications Turbine Product Demand 
		   by Region							      54
	7	World Turbine Product Demand by Type				      55
	8	World Wind Turbine Demand by Region				      60
	9	World Gas Combustion Turbine Demand by Region			      63
	10	World Steam & Hydraulic Turbine Demand by Region		      66
	11	World Turbine Engine Demand by Region				      70
	12	World Turbine Generator & Generator Set Demand by Region	      72
	13	World Turbine Product Shipments by Region			      74
	14	World Turbine Product Net Exports by Region			      77

		SECTION IV -- NORTH AMERICA
	1	North America: Turbine Product Supply & Demand			      81
	2	North America: Turbine Product Demand by Application		      83
	3	United States: Turbine Product Supply & Demand			      88
	4	United States: Turbine Product Demand by Application		      91
	5	Canada: Turbine Product Supply & Demand				      95
	6	Canada: Turbine Product Demand by Application			      97
	7	Mexico: Turbine Product Supply & Demand				     101
	8	Mexico: Turbine Product Demand by Application			     103

		SECTION V -- WESTERN EUROPE
	1	Western Europe: Turbine Product Supply & Demand			     108
	2	Western Europe: Turbine Product Demand by Application		     110
	3	Belgium: Turbine Product Supply & Demand			     113
	4	Belgium: Turbine Product Demand by Application			     115
	5	Denmark: Turbine Product Supply & Demand			     118
	6	Denmark: Turbine Product Demand by Application			     120
	7	France: Turbine Product Supply & Demand				     123
	8	France: Turbine Product Demand by Application			     125
	9	Germany: Turbine Product Supply & Demand			     129
	10	Germany: Turbine Product Demand by Application			     132
	11	Italy: Turbine Product Supply & Demand				     135
	12	Italy: Turbine Product Demand by Application			     137
	13	Netherlands: Turbine Product Supply & Demand			     140
	14	Netherlands: Turbine Product Demand by Application		     142
	15	Spain: Turbine Product Demand Supply & Demand			     145
	16	Spain: Turbine Product Demand by Application			     147
	17	Sweden: Turbine Product Supply & Demand				     150
	18	Sweden: Turbine Product Demand by Application			     152
	19	Switzerland: Turbine Product Supply & Demand			     155
	20	Switzerland: Turbine Product Demand by Application		     157
	21	United Kingdom: Turbine Product Supply & Demand			     160
	22	United Kingdom: Turbine Product Demand by Application		     162
	23	Other Western Europe: Turbine Product Supply & Demand		     165
	24	Other Western Europe: Turbine Product Demand 
		   by Application						     167

		SECTION VI -- ASIA/PACIFIC
	1	Asia/Pacific: Turbine Product Supply & Demand			     171
	2	Asia/Pacific: Turbine Product Demand by Application		     173
	3	Australia: Turbine Product Supply & Demand			     176
	4	Australia: Turbine Product Demand by Application		     178
	5	China: Turbine Product Supply & Demand				     182
	6	China: Turbine Product Demand by Application			     187
	7	India: Turbine Product Supply & Demand				     191
	8	India: Turbine Product Demand by Application			     193
	9	Japan: Turbine Product Supply & Demand				     197
	10	Japan: Turbine Product Demand by Application			     200
	11	South Korea: Turbine Product Supply & Demand			     203
	12	South Korea: Turbine Product Demand by Application		     205
	13	Other Asia/Pacific: Turbine Product Supply & Demand		     209
	14	Other Asia/Pacific: Turbine Product Demand by Application	     211

		SECTION VII -- OTHER REGIONS
	1	Central & South America: Turbine Product Supply & Demand	     215
	2	Central & South America: Turbine Product Demand 
		   by Application						     217
	3	Brazil: Turbine Product Supply & Demand				     220
	4	Brazil: Turbine Product Demand by Application			     222
	5	Other Central & South America: Turbine Product Supply 
		   & Demand							     225
	6	Other Central & South America: Turbine Product Demand 
		   by Application						     227
	7	Eastern Europe: Turbine Product Supply & Demand			     230
	8	Eastern Europe: Turbine Product Demand by Application		     232
	9	Czech Republic: Turbine Product Supply & Demand			     235
	10	Czech Republic: Turbine Product Demand by Application		     237
	11	Poland: Turbine Product Supply & Demand				     240
	12	Poland: Turbine Product Demand by Application			     242
	13	Russia: Turbine Product Supply & Demand				     245
	14	Russia: Turbine Product Demand by Application			     248
	15	Other Eastern Europe: Turbine Product Supply & Demand		     251
	16	Other Eastern Europe: Turbine Product Demand 
		   by Application						     253
	17	Africa/Mideast: Turbine Product Supply & Demand			     257
	18	Africa/Mideast: Turbine Product Demand by Application		     259

		SECTION VIII -- INDUSTRY STRUCTURE
	1	Turbine Product Sales by Company, 2011				     262
	2	Selected Acquisitions & Divestitures				     275
	3	Selected Cooperative Agreements					     280

				      LIST OF CHARTS

    CHART NUMBER								    PAGE

		SECTION III -- OVERVIEW
	1	World Turbine Product Demand by Region, 2011			      43
	2	World Turbine Product Demand by Application, 2011		      45
	3	World Turbine Product Demand by Type, 2011			      56
	4	World Turbine Product Shipments by Region, 2011			      75

		SECTION VIII -- INDUSTRY STRUCTURE
	1	World Turbine Product Market Share by Company, 2011		     264
	2	World Electric Power Generation Turbine Market Share by Company, 2011266
	3	World Turbine-Based Aircraft Engine Market Share 
		   by Company, 2011						     269

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