Can MAN Grab a Larger Share of the Gas Turbine Power Generation Market?

by Carter Palmer, Power Systems SpecialistForecast International.

MAN MGT6000 series

Can MAN, a company that is no stranger to power generation, outshine its rivals and break into a massive, competitive market? As far as gas turbines are concerned, MAN has not really had a big piece of the pie; however, that might shift somewhat in the coming decade. A new product, developed in-house by MAN, has been doing rather well for a new design and will perhaps gain the manufacturer some traction in the power generation/mechanical drive market.

Enter the MGT6000 Series

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General Electric to Dominate Industrial Power Market

By Stuart Slade, Gas Turbine Systems Analyst, Forecast International.

Industrial & Marine Gas and Steam Turbines Market Share. Source: FI’s Platinum Forecast System

According to FI’s Platinum Forecast System, GE has clearly moved into the dominant world position in the production of industrial & marine gas and steam turbines.  As shown in the pie chart, GE Energy, with plants in Cincinnati (Ohio), Erie (Pennsylvania), Schenectady (New York), and Atlanta (Georgia), will capture 33.76 percent of the world market, valued at over $113.6 billion, during the 2017-2031 period.  In addition, subsidiaries in France, Italy, and Japan will contribute about 3 percent of production, bringing the overall share of GE up to almost 37 percent of the world market.   Continue reading