1. Gas Turbine Market for Oil and Gas Industry Report 2019-2024: Trends, Forecast and Competitive Analysis 1

2. Industry Profiles Snapshot Major ParameterDescription Market Segments by Application Power generation and mechanical drive Market Segments by Turbine Size 1-20 MW, and 20 MW & above Market Segments by Design Type Aeroderivative and heavy duty Market Segments by Technology Simple cycle, combine cycle, and co-generation Market Segments by Region North America, Europe, Asia Pacific and Rest of the World. Top Companies Name General Electric, Siemens, Mitsubishi Heavy Industries, Solar Turbines, and Kawasaki Heavy Industries Trend Growth Rate and CAGR3.5% Key Industry Forecast The global gas turbine market for oil and gas industry is expected to reach an estimated $1.2 billion and it is forecast to grow at a CAGR of 3.5% from 2019 to 2024. Key Industry Driver Driver: Growing exploration & production activities and increasing investment in unconventional oil and gas resources. 2

3. Industry Overview Market Size The global gas turbine market for oil and gas industry is expected to reach an estimated $1.2 billion and it is forecast to grow at a CAGR of 3.5% from 2019 to 2024. An emerging trend, which has a direct impact on the dynamics of the industry, includes development and use of high temperature materials for gas turbines. Market Size (2024)$1.2 billion CAGR (2019-24)3.5% 3 Industry Performance : Forecast