About Turbine
A turbine is a mechanical device consisting of revolving rotors and blades, which transforms rotational energy into usable energy. The fluid used for the rotation can be steam, gas, or other combustion products such as CO2 and carbon monoxide. There are three types of turbines: steam, gas, and CCGT. Steam turbine extracts thermal energy from steam and converts it into mechanical energy. Gas turbine is generally used in gas-fired power plants where an internal combustion engine is placed, in which the fuel is mixed with air and ignited. Because of the growing awareness about the environmental pollution caused by thermal power plants, most of the newly constructed gas-fired power plants are CCGT plants.
Technavio's analysts forecast the turbine market in Nigeria to grow at a CAGR of 12.3% over the period 2014-2019.
Covered in this Report
The report includes the present scenario and the growth prospects of the turbine market in Nigeria for the period 2015-2019. Based on type, the market can be segmented into three: steam turbines, gas turbines and CCGT.
Technavio's report, Turbine Market in Nigeria 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
Key Vendors
• Alstom
• GE
• Harbin
• Hitachi
• Siemens
Other Prominent Vendors
• Nanjing Turbine & Electric Machinery
• Rolls-Royce
Key Market Driver
• Availability of Power Generation Sources
• For a full, detailed list, view our report
Key Market Challenge
• Economic Instability and High-level Poverty
• For a full, detailed list, view our report
Key Market Trend
• Inclusion of Coal-fired Power in Nation's Energy Mix
• For a full, detailed list, view our report
Key Questions Answered in this Report
• What will the market size be in 2019 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?
01. Executive Summary
02. List of Abbreviations
03. Scope of the Report
03.1 Market Overview
03.2 Product Offerings
04. Market Research Methodology
04.1 Market Research Process
04.2 Research Methodology
05. Key Highlights
05.1 Private Power Companies to help in Meeting Power Demand
05.2 Vandalization of Fuel Resources Pose Serious Threat
05.3 Gas Turbines to Reach 11 GW by 2019
06. Introduction
07. Market Landscape
07.1 Market Overview
07.2 Power Generation Market in Nigeria
07.3 Market Size and Forecast
07.4 Five Forces Analysis
08. Market Segmentation by Type
08.1 Turbine Market in Nigeria by Type 2014
08.2 Turbine Market in Nigeria by Type 2019
08.3 Gas Turbine Market in Nigeria
08.3.1 Market Size and Forecast
08.4 Steam Turbine Market in Nigeria
08.4.1 Market Size and Forecast
08.5 CCGT Market in Nigeria
08.5.1 Market Size and Forecast
08.6 Turbine Market in Nigeria by Company
09. Buying Criteria
10. Market Growth Drivers
11. Drivers and their Impact
12. Market Challenges
13. Impact of Drivers and Challenges
14. Market Trends
15. Trends and their Impact
16. Vendor Landscape
16.1 Competitive Scenario
16.1.1 Key Vendor Snapshot
16.1.2 Key News
16.2 Other Prominent Vendors
17. Key Vendor Analysis
17.1 Alstom Power
17.1.1 Key Facts
17.1.2 Business Overview
17.1.3 Key Solutions
17.1.4 Geographical Presence
17.1.5 Business Strategy
17.1.6 Recent Developments
17.1.7 SWOT Analysis
17.2 General Electric
17.2.1 Key Facts
17.2.2 Business Overview
17.2.3 Business Segmentation by Revenue 2014
17.2.4 Business Segmentation by Revenue 2013 and 2014
17.2.5 Geographical Segmentation by Revenue 2014
17.2.6 Business strategy
17.2.7 Recent Developments
17.2.8 SWOT Analysis
17.3 Harbin Turbine
17.3.1 Key Facts
17.3.2 Business Overview
17.3.3 Recent Developments
17.3.4 SWOT Analysis
17.4 Hitachi
17.4.1 Key Facts
17.4.2 Business Overview
17.4.3 Product Segmentation
17.4.4 Key Applications
17.4.5 Geographical Presence
17.4.6 SWOT Analysis
17.5 Siemens Energy
17.5.1 Key Facts
17.5.2 Business Overview
17.5.3 Business Segmentation
17.5.4 Geographical Segmentation
17.5.5 Business Strategy
17.5.6 Key Information
17.5.7 SWOT Analysis
18. Other Reports in this Series
List of Exhibits
Exhibit 1: Thermal Power Plant Forecast Methodology
Exhibit 2: Market Research Methodology
Exhibit 3: Gas Turbine Installations in Nigeria (2014 and 2019)
Exhibit 4: Types of Turbines
Exhibit 5: Schematic Diagram of CCGT-based Power Plant
Exhibit 6: Schematic Diagram of Steam Turbine-based Power Plant
Exhibit 7: Schematic Diagram of Gas Turbine-based Power Plant
Exhibit 8: Power Generation Mix of Nigeria 2010-2014
Exhibit 9: Turbine Market in Nigeria 2014-2019 (MW)
Exhibit 10: Turbine Market in Nigeria by Type 2014
Exhibit 11: Turbine Market in Nigeria by Type 2019
Exhibit 12: Turbine Market in Nigeria by Type 2014-2019
Exhibit 13: Gas Turbine Market in Nigeria (MW)
Exhibit 14: Top Five Active Thermal Power Plants with Gas Turbines in Nigeria (MW)
Exhibit 15: Top Five Upcoming Thermal Power Plants with Gas Turbines in Nigeria (MW)
Exhibit 16: Steam Turbine Market in Nigeria (MW)
Exhibit 17: Top Active Thermal Power Plants with Steam Turbines in Nigeria (MW)
Exhibit 18: Top Four Upcoming Thermal Power Plants with Steam Turbines in Nigeria (MW)
Exhibit 19: CCGT Turbine Market in Nigeria (MW)
Exhibit 20: Top Active Thermal Power Plants with CCGT in Nigeria (MW)
Exhibit 21: Top Upcoming Thermal Power Plants with CCGT in Nigeria (MW)
Exhibit 22: CCGT: Process Lifecycle
Exhibit 23: Turbine Market by Power Companies 2014
Exhibit 24: Turbine Market by Power Companies in 2019
Exhibit 25: Top Thermal Power Plants from Private Power Companies in Nigeria (MW)
Exhibit 26: Oil and Natural Gas Reserves in Nigeria 2010-2014
Exhibit 27: Kogi Coal-fired Power Plant: First Phase by Year Online
Exhibit 28: Alstom Power: Key Solutions
Exhibit 29: Alstom Power: Geographical Presence
Exhibit 30: General Electric: Business Segmentation by Revenue 2014
Exhibit 31: General Electric: Business Segmentation by Revenue 2013 and 2014 ($billion)
Exhibit 32: General Electric: Geographical Segmentation by Revenue 2014
Exhibit 33: Hitachi: Product Segmentation
Exhibit 34: Hitachi: Key Applications
Exhibit 35: Hitachi: Geographical Presence
Exhibit 36: Business Segmentation of Siemens Energy 2013
Exhibit 37: Business Segmentation of Siemens Energy by Revenue 2012 and 2013 ($ billions)
Exhibit 38: Geographical Segmentation of Siemens Energy by Revenue 2013
