Industrial & Marine Gas
and Steam Turbines

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Welcome to the PowerWeb Industrial and Marine Gas & Steam Turbine data and information section. On this page, we provide detailed charts and data from Forecast International's Industrial & Marine Turbine Forecast. The data covers the following market segments: Gas Turbine Electrical Power Generation, Microturbine Electrical Power Generation, Gas Turbine Mechanical Drive Engines, Gas Turbine Marine Engines, and Steam Turbines for Combined-Cycle Installation.

Market Highlights Total Units Electric Power Gen. (Gas) Mechanical Drives (Gas) Ind. Steam Turbines Marine (Gas)
2021 Forecast: 735 351 255 61 68
2020 Actuals: 693 327 226 60 80
2020-2021 Change +6% +7.3% +12.8% +1.6% -15%
Gas Turbines, Power Generation (excl. micro) Mechanical Drive Engines Steam Turbines - Combined Cycle Gas Turbine Marine Engines
5-Year Industrial and Marine Gas & Steam Turbine Engine Data

Industrial & Marine Gas Turbine Data: 15-Year Forecast 2020-2034

In today's an energy-hungry world, Forecast International's Industrial & Marine Turbine Forecast (Gas & Steam) features detailed coverage of simple- and combined-cycle power generation turbines, mechanical drive equipment used in the oil and gas industry, and marine propulsion units, providing unique insight into the market trends that dominate the I&M sector and the operational requirements that drive those trends. On this page, we provide a snapshot of the I&M forecast data and hope you will find it useful and consider purchasing the full product.

The full Industrial & Marine Turbine Forecast (Gas & Steam) covers turbines ranging from 1,200 kW to over 300 MW in power. Each report comes complete with tech data, prime and affiliated contractor listings, descriptions of engine variants, and news on notable contracts. The forecast covers leading programs such as the LM2500, the GE Model 9000, the Mitsubishi 501/701, the Rolls-Royce MT7 and MT30, the Solar Titan, and the Siemens SGT-8000H/SGT6-8000H, SGT400, and SGT800, and also features reports on Capstone microturbines.

Industrial and Marine Gas & Steam Turbine Forecast

ANALYSIS: COVID-19 Impact On The Marine Gas Turbine Market Limited--So Far

Forecast International projects that 612 marine gas turbine machines will be produced during the period 2021-2030. This represents a minor decrease from the 640 projected for the 2020-2029 period. These engines have a total value of $5,825.35 billion. The average unit cost of these gas turbines is $9.52 million, as compared with $9.03 million in the 2020 edition.

This is a clear demonstration of the impact of the replacement of multiple smaller gas turbines with a reduced number of larger units. Many ships that would once have had four medium-power gas turbines are now being designed with two high-power units. In ships that are powered by combined diesel or gas (CODOG) machinery, a pair of boost turbines is now being replaced by a single higher-powered unit. This results in increased economy of space and weight. The penalty is greater vulnerability to mechanical casualties, this being offset by the much-improved reliability of the current generation of marine gas turbines.

These market changes are an effect of the length of time taken to design and build modern warships. The time from the launch of a design project to service entry of the first ship can span 20 years. Therefore, changes in the warships market tend to be slow, translating into a stable market for warships components.

The dominant factor that drives these figures is the emergence of the U.S. Navy's LCAC-100 ship-to-shore connector as a production program. Each of these landing craft will be powered by four Rolls-Royce MT-7 gas turbines. Over the full production span (which extends beyond the forecast period), the planned total of 68 ships will add 272 engines to the market total. The MT-7s are in the smaller category of marine gas turbines; hence their production increases numbers but reduces average unit cost. This change is being reinforced by the appearance of the LM500 as a warship's service generator and as a primary means of propulsion for small craft. The virtues of the LM500 for these roles are apparent and this market will likely expand.

Dominating the news in 2020 was the COVID-19 pandemic that caused catastrophic economic damage worldwide. Many countries responded to the outbreak of this highly infectious disease by instituting lockdowns that essentially kept everybody in their homes for weeks. Workers whose employment was regarded as being strategically essential were exempted from this lockdown subject to extensive protective measures determined by the national health authorities. This provision appears to have significantly reduced the impact of COVID-19 on the marine gas turbine industry.

The time taken to build ships has also served to reduce the impact of COVID-19. A frigate or destroyer can take three to five years to build and there is inherent flexibility within the building program. In that environment, the six or eight weeks of lockdown for employees not considered strategically essential produced delays of limited significance. Another aspect is that the construction time of ships is a balance between the cost of construction and the urgency of the operational need for these ships, with, in peacetime, the stress being on reducing the former. Thus, flexibility does exist to ameliorate any delays to gas turbine supply or maintenance by adjusting expenditure. In contrast, the few countries that do place top priority on speed of construction (notably China) appear to have suffered the most obvious delays.

Finally, the inherent hazards of shipbuilding have made the types of precautions needed to counter COVID-19 standard practice in shipyards for decades. All of these factors mean that shipbuilding in general and the supply of marine gas turbines, in particular, have suffered little impact.

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Industrial and Marine Gas Turbine Installation Database
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