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Global Hydrogen Gas Turbines Market 2022-2030
$5695 – $7695
There are multiple approaches for low-carbon or carbon-free fuels, including the use of hydrogen for power generation. Modern gas turbines are capable of operating on a wide range of H2 concentrations, with multiple commercial power plants having considerable experience. Thus, gas turbines operating on hydrogen could provide the needed grid firming while at the same time generating significantly less carbon dioxide (CO2) emissions.
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Report Summary
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- Energy is the cornerstone of industry. As energy choices steadily increase, thermal power still remains a key energy source. Efforts have continuously been made toward reducing emissions by enhancing efficiency through technological innovation. But it doesn’t change the fact that substantial CO2 is still emitted in the generation of gas-fired thermal power.
- There are multiple approaches for low-carbon or carbon-free fuels, including the use of hydrogen for power generation. Modern gas turbines are capable of operating on a wide range of H2 concentrations, with multiple commercial power plants having considerable experience. Thus, gas turbines operating on hydrogen could provide the needed grid firming while at the same time generating significantly less carbon dioxide (CO2) emissions.
- Hydrogen (H2) in gas turbine operation enables carbon reduction opportunities across a broad range of applications and industries. Gas turbines provide a stable base load and support increased renewable penetration. In order to meet increasing energy demands from customers as well as carbon reduction targets set by companies and countries, increased global usage of H2 is paramount.
- Companies like Mitsubishi Power, GE Power, Siemens Energy, and Ansaldo Energia to develop 100% hydrogen-fueled gas turbines have recently shifted into high gear, owing in part to new carbon reduction policies worldwide that have accelerated renewables capacity. The companies—which all manufacture large gas turbines but are jostling to sell them in a diminished market—are also actively competing for a concrete footing in future markets, including those that could thrive in a hydrogen economy.
Table of Content
1. Report Scope 1.1. Market Segmentation and scope 1.2. Regional Scope 1.3. Estimates and forecast timeline 2. Market Research Methodology 2.1. Research methodology and design 2.2. Sample selection 2.3. Reliability and validity 3. Executive Summary 4. Market Analysis 4.1. Market size and growth rates 4.2. Market growth drivers, market dynamics and trends 4.3. Market scenarios and opportunity forecasts 4.4. Market constraints and challenges 4.5. National hydrogen strategy 4.6. Industry value chain analysis 4.7. Industry analysis – Porter’s 4.7.1. Threat of new entrants 4.7.2. Bargaining power of suppliers 4.7.3. Bargaining power of buyers 4.7.4. Threat of substitutes 4.7.5. Competitive rivalry 4.8. PEST analysis 4.8.1. Political/legal landscape 4.8.2. Economic landscape 4.8.3. Social landscape 4.8.4. Technological landscape 5. Market Breakdown – by Design Type 5.1. Introduction 5.2. Heavy duty 5.3. Aeroderivative 6. Market Breakdown – by Fuel Composition (% H2) 6.1. Introduction 6.2. Up to 20% 6.3. 20% to 60% 6.4. 60 to 100% 7. Market Breakdown – by Turbine Type 7.1. Introduction 7.2. New 7.3. Retrofit 8. Market Breakdown – by Rated Capacity 8.1. Introduction 8.2. Less than 40 MW 8.3. 40–120 MW 8.4. 120–300 MW 8.4. Above 300 MW 9. Market Breakdown – by Application 8.1. Introduction 8.2. Power Generation 8.3. Oil & Gas 8.4. Other Industrial 10.Market Breakdown by Geography 10.1. North America 10.1.1. North America Hydrogen Gas Turbine Market, 2022-2028 10.1.2. North America Hydrogen Gas Turbine Market, by Design Type 10.1.3. North America Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.1.4. North America Hydrogen Gas Turbine Market, by Turbine Type 10.1.5. North America Hydrogen Gas Turbine Market, by Rated Capacity 10.1.6. North America Hydrogen Gas Turbine Market, by Application 10.1.7. North America Hydrogen Gas Turbine Market, by Country 10.1.7.1. U.S. 10.1.7.1.1. U.S. Hydrogen Gas Turbine Market, 2022-2028 10.1.7.1.2. U.S. Hydrogen Gas Turbine Market, by Design Type 10.1.7.1.3. U.S. Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.1.7.1.4. U.S. Hydrogen Gas Turbine Market, by Turbine Type 10.1.7.1.5. U.S. Hydrogen Gas Turbine Market, by Rated Capacity 10.1.7.1.6. U.S. Hydrogen Gas Turbine Market, by Application 10.1.7.2. Canada 10.1.7.2.1. Canada Hydrogen Gas Turbine Market, 2022-2028 10.1.7.2.2. Canada Hydrogen Gas Turbine Market, by Design Type 10.1.7.2.3. Canada Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.1.7.2.4. Canada Hydrogen Gas Turbine Market, by Turbine Type 10.1.7.2.5. Canada Hydrogen Gas Turbine Market, by Rated Capacity 10.1.7.2.6. Canada Hydrogen Gas Turbine Market, by Application 10.2. South America 10.2.1. South America Hydrogen Gas Turbine Market, 2022-2028 10.2.2. South America Hydrogen Gas Turbine Market, by Design Type 10.2.3. South America Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.2.4. South America Hydrogen Gas Turbine Market, by Turbine Type 10.2.5. South America Hydrogen Gas Turbine Market, by Rated Capacity 10.2.6. South America Hydrogen Gas Turbine Market, by Application 10.2.7. South America Hydrogen Gas Turbine Market, by Country 10.2.7.1. Brazil 10.2.1.7.1. Brazil Hydrogen Gas Turbine Market, 2022-2028 10.2.1.7.2. Brazil Hydrogen Gas Turbine Market, by Design Type 10.2.1.7.3. Brazil Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.2.1.7.4. Brazil Hydrogen Gas Turbine Market, by Turbine Type 10.2.1.7.5. Brazil Hydrogen Gas Turbine Market, by Rated Capacity 10.2.1.7.6. Brazil Hydrogen Gas Turbine Market, by Application 10.3. Europe 10.3.1. Europe Hydrogen Gas Turbine Market, 2022-2028 10.3.2. Europe Hydrogen Gas Turbine Market, by Design Type 10.3.3. Europe Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.4. Europe Hydrogen Gas Turbine Market, by Turbine Type 10.3.5. Europe Hydrogen Gas Turbine Market, by Rated Capacity 10.3.6. Europe Hydrogen Gas Turbine Market, by Application 10.3.7. Europe Hydrogen Gas Turbine Market, by Country 10.3.8. Germany 10.3.1.8.1. Germany Hydrogen Gas Turbine Market, 2022-2028 10.3.1.8.2. Germany Hydrogen Gas Turbine Market, by Design Type 10.3.1.8.3. Germany Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.1.8.4. Germany Hydrogen Gas Turbine Market, by Turbine Type 10.3.1.8.5. Germany Hydrogen Gas Turbine Market, by Rated Capacity 10.3.1.8.6. Germany Hydrogen Gas Turbine Market, by Application 10.3.1.9. France 10.3.1.9.1. France Hydrogen Gas Turbine Market, 2022-2028 10.3.1.9.2. France Hydrogen Gas Turbine Market, by Design Type 10.3.1.9.3. France Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.1.9.4. France Hydrogen Gas Turbine Market, by Turbine Type 10.3.1.9.5. France Hydrogen Gas Turbine Market, by Rated Capacity 10.3.1.9.6. France Hydrogen Gas Turbine Market, by Application 10.3.1.10. U.K. 10.3.1.10.1. U.K. Hydrogen Gas Turbine Market, 2022-2028 10.3.1.10.2. U.K. Hydrogen Gas Turbine Market, by Design Type 10.3.1.10.3. U.K. Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.1.10.4. U.K. Hydrogen Gas Turbine Market, by Turbine Type 10.3.1.10.5. U.K. Hydrogen Gas Turbine Market, by Rated Capacity 10.3.1.10.6. U.K. Hydrogen Gas Turbine Market, by Application 10.3.1.11. Russia 10.3.1.11.1. Russia Hydrogen Gas Turbine Market, 2022-2028 10.3.1.11.2. Russia Hydrogen Gas Turbine Market, by Design Type 10.3.1.11.3. Russia Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.1.11.4. Russia Hydrogen Gas Turbine Market, by Turbine Type 10.3.1.11.5. Russia Hydrogen Gas Turbine Market, by Rated Capacity 10.3.1.11.6. Russia Hydrogen Gas Turbine Market, by Application 10.3.1.12. Italy 10.3.1.12.1. Italy Hydrogen Gas Turbine Market, 2022-2028 10.3.1.12.2. Italy Hydrogen Gas Turbine Market, by Design Type 10.3.1.12.3. Italy Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.1.12.4. Italy Hydrogen Gas Turbine Market, by Turbine Type 10.3.1.12.5. Italy Hydrogen Gas Turbine Market, by Rated Capacity 10.3.1.12.6. Italy Hydrogen Gas Turbine Market, by Application 10.3.1.13. Netherlands 10.3.1.13.1. Netherlands Hydrogen Gas Turbine Market, 2022-2028 10.3.1.13.2. Netherlands Hydrogen Gas Turbine Market, by Design Type 10.3.1.13.3. Netherlands Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.3.1.13.4. Netherlands Hydrogen Gas Turbine Market, by Turbine Type 10.3.1.13.5. Netherlands Hydrogen Gas Turbine Market, by Rated Capacity 10.3.1.13.6. Netherlands Hydrogen Gas Turbine Market, by Application 10.4. Asia-Pacific 10.4.1. APAC Hydrogen Gas Turbine Market, 2022-202 10.4.2. APAC Hydrogen Gas Turbine Market, by Design Type 10.4.3. APAC Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.4.4. APAC Hydrogen Gas Turbine Market, by Turbine Type 10.4.4. APAC Hydrogen Gas Turbine Market, by Rated Capacity 10.4.4. APAC Hydrogen Gas Turbine Market, by Application 10.4.4. APAC Hydrogen Gas Turbine Market, by Country 10.4.4. APAC Hydrogen Gas Turbine Market, by Rated Capacity 10.4.1.8. China 10.4.1.8.1. China Hydrogen Gas Turbine Market, 2022-2028 10.4.1.8.2. China Hydrogen Gas Turbine Market, by Design Type 10.4.1.8.3. China Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.4.1.8.4. China Hydrogen Gas Turbine Market, by Turbine Type 10.4.1.8.5. China Hydrogen Gas Turbine Market, by Rated Capacity 10.4.1.8.6. China Hydrogen Gas Turbine Market, by Application 10.4.1.9. Japan 10.4.1.9.1. Japan Hydrogen Gas Turbine Market, 2022-2028 10.4.1.9.2. Japan Hydrogen Gas Turbine Market, by Design Type 10.4.1.9.3. Japan Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.4.1.9.4. Japan Hydrogen Gas Turbine Market, by Turbine Type 10.4.1.9.5. Japan Hydrogen Gas Turbine Market, by Rated Capacity 10.4.1.9.6. Japan Hydrogen Gas Turbine Market, by Application 10.4.1.10. South Korea 10.4.1.10.1. South Korea Hydrogen Gas Turbine Market, 2022-2028 10.4.1.10.2. South Korea Hydrogen Gas Turbine Market, by Design Type 10.4.1.10.3. South Korea Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.4.1.10.4. South Korea Hydrogen Gas Turbine Market, by Turbine Type 10.4.1.10.5. South Korea Hydrogen Gas Turbine Market, by Rated Capacity 10.4.1.10.6. South Korea Hydrogen Gas Turbine Market, by Application 10.4.1.11. Australia 10.4.1.11.1. Australia Hydrogen Gas Turbine Market, 2022-2028 10.4.1.11.2. Australia Hydrogen Gas Turbine Market, by Design Type 10.4.1.11.3. Australia Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.4.1.11.4. Australia Hydrogen Gas Turbine Market, by Turbine Type 10.4.1.11.5. Australia Hydrogen Gas Turbine Market, by Rated Capacity 10.4.1.11.6. Australia Hydrogen Gas Turbine Market, by Application 10.4.1.12. India 10.4.1.12.1. India Hydrogen Gas Turbine Market, 2022-2028 10.4.1.12.2. India Hydrogen Gas Turbine Market, by Design Type 10.4.1.12.3. India Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.4.1.12.4. India Hydrogen Gas Turbine Market, by Turbine Type 10.4.1.12.5. India Hydrogen Gas Turbine Market, by Rated Capacity 10.4.1.12.6. India Hydrogen Gas Turbine Market, by Application 10.5. Middle East & Africa 10.5.1.1. MEA Hydrogen Gas Turbine Market, 2022-2028 10.5.1.2. MEA Hydrogen Gas Turbine Market, by Design Type 10.5.1.3. MEA Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.5.1.4. MEA Hydrogen Gas Turbine Market, by Type 10.5.1.5. MEA Hydrogen Gas Turbine Market, by Rated Capacity 10.5.1.6. MEA Hydrogen Gas Turbine Market, by Application 10.5.1.7. Saudi Arabia 10.5.1.7.1. Saudi Arabia Hydrogen Gas Turbine Market, 2022-2028 10.5.1.7.2. Saudi Arabia Hydrogen Gas Turbine Market, by Design Type 10.5.1.7.3. Saudi Arabia Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.5.1.7.4. Saudi Arabia Hydrogen Gas Turbine Market, by Turbine Type 10.5.1.7.5. Saudi Arabia Hydrogen Gas Turbine Market, by Rated Capacity 10.5.1.7.6. Saudi Arabia Hydrogen Gas Turbine Market, by Application 10.5.1.8. UAE 10.5.1.8.1. UAE Hydrogen Gas Turbine Market, 2022-2028 10.5.1.8.2. UAE Hydrogen Gas Turbine Market, by Design Type 10.5.1.8.3. UAE Hydrogen Gas Turbine Market, by Fuel Composition (% H2) 10.5.1.8.4. UAE Hydrogen Gas Turbine Market, by Turbine Type 10.5.1.8.5. UAE Hydrogen Gas Turbine Market, by Rated Capacity 10.5.1.8.6. UAE Hydrogen Gas Turbine Market, by Application 11. Competitive Landscape 11.1. Company Market Positioning 11.2. Company Geographical Presence Analysis 11.3. Market Revenue Share Analysis (%), by Leading Players 12. Company Profiles . Company overview . Financial performance . Product benchmarking . Recent Developments 12.1. GE Gas Power 12.2. Siemens Energy 12.3. Mitsubishi Power 12.4. Baker Hughes 12.5. Solar Turbines 12.6. Ansaldo Energia 12.7. MAN Energy Solutions 12.8. Doosan Heavy Industries 12.9. Kawasaki Heavy Industries, Ltd. 12.10. OPRA Turbines