Northern America: Gas Turbine Market 2020

Gas Turbine Market Size in Northern America

The revenue of the gas turbine market in Northern America amounted to $X in 2017, remaining relatively unchanged against the previous year. The total market indicated a remarkable growth from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas turbine consumption increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2009, when market value increased by X% year-to-year. The level of gas turbine consumption peaked of $X in 2016, and then declined slightly in the following year.

Gas Turbine Production in Northern America

In 2017, approx. X units of gas turbines were produced in Northern America; standing approx. at the previous year. The gas turbine production continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2015, with an increase of X% year-to-year. The volume of gas turbine production peaked in 2017, and is likely to continue its growth in the immediate term.

Gas Turbine Exports in Northern America

The exports amounted to X units in 2017, going down by -X% against the previous year. The gas turbine exports continue to indicate an abrupt curtailment. The pace of growth was the most pronounced in 2012, when it surged by X% against the previous year. The volume of exports peaked of X units in 2007; however, from 2008 to 2017, it stood at a somewhat lower level.

In value terms, gas turbine exports totaled $X in 2017. The gas turbine exports continue to indicate a moderate downturn. In that year, the gas turbine exports attained their peak level of $X. From 2015 to 2017, growth of the gas turbine exports stood at a somewhat lower level.

Gas Turbine Exports by Country in Northern America

The exports of the one major exporters of gas turbines, namely the U.S., represented more than half of total export.

The U.S. was also the fastest growing in terms of the gas turbines exports, with a CAGR of -X% from 2007 to 2017. From 2007 to 2017, the share of the U.S. increased by X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) also remains the largest gas turbine supplier in Northern America.

From 2007 to 2017, the average annual rate of growth in terms of value in the U.S. amounted to -X%.

Gas Turbine Export Prices by Country in Northern America

In 2017, the gas turbine export price in Northern America amounted to $X thousand per unit, falling by -X% against the previous year. The export price indicated a strong increase from 2007 to 2017: its price increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas turbine export price increased by +X% against 2013 indices. The most prominent rate of growth was recorded in 2009, when it surged by X% year-to-year. The level of export price peaked of $X thousand per unit in 2016, and then declined slightly in the following year.

As there is only one major export destination, the average price level is determined by export prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of export prices was attained by the U.S. (+X% per year).

Gas Turbine Imports in Northern America

The imports amounted to X units in 2017, rising by X% against the previous year. The total imports indicated a prominent increase from 2007 to 2017: its volume increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas turbine imports decreased by -X% against 2015 indices. The pace of growth appeared the most rapid in 2011, when it surged by X% y-o-y. Over the period under review, the gas turbine imports reached its maximum volume of X units in 2015; however, from 2016 to 2017, it stood at a somewhat lower level.

In value terms, gas turbine imports totaled $X in 2017. The total imports indicated a strong expansion from 2007 to 2017: its value increased at an average annual rate of +X% over the last decade. The trend pattern, however, indicated some noticeable fluctuations throughout the analyzed period. Based on 2017 figures, the gas turbine imports increased by +X% against 2008 indices. The level of imports peaked in 2017, and are expected to retain its growth in the immediate term.

Gas Turbine Imports by Country in Northern America

In 2017, the U.S. (X units) were the main importers of gas turbines in Northern America, committing X% of total import.

The U.S. was also the fastest growing in terms of the gas turbines imports, with a CAGR of +X% from 2007 to 2017. From 2007 to 2017, the share of the U.S. decreased by -X% percentage points, while the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the U.S. ($X) constitutes the largest market for imported gas turbines in Northern America.

In the U.S., gas turbine imports expanded at an average annual rate of +X% over the period from 2007-2017.

Gas Turbine Import Prices by Country in Northern America

In 2017, the gas turbine import price in Northern America amounted to $X thousand per unit, rising by X% against the previous year. Over the last decade, it increased at an average annual rate of +X%. The pace of growth appeared the most rapid in 2012, when the import prices increased by X% y-o-y. In that year, the import prices for gas turbines attained their peak level of $X thousand per unit. From 2013 to 2017, growth of the import prices for gas turbines failed to regain its momentum.

As there is only one major export destination, the average price level is determined by import prices for the U.S..

From 2007 to 2017, the most notable rate of growth in terms of import prices was attained by the U.S. (+X% per year).

Source: IndexBox Platform