산업용 가스 터빈 점화 시스템 시장 전망(-2030년) : 제품 유형별, 연료 유형별, 구성품별, 가스 터빈 유형별, 용도별, 최종 사용자별, 지역별 세계 시장 분석

According to Stratistics MRC, the Global Industrial Gas Turbine Ignition System Market is accounted for $1.46 billion in 2023 and is expected to reach $3.03 billion by 2030 growing at a CAGR of 11.0% during the forecast period. An industrial gas turbine ignition system initiates combustion in gas turbines used for power generation or mechanical drive applications. It typically comprises spark plugs or igniters strategically positioned within the combustion chamber, along with associated control systems. Upon receiving a signal, the system delivers high-voltage electrical discharges to ignite the fuel-air mixture, facilitating continuous turbine operation. Modern systems often integrate advanced sensors and algorithms to optimize ignition timing, enhance efficiency, and ensure safe and reliable startup. Effective ignition is crucial for turbine performance, minimizing emissions, maximizing energy output, and maintaining operational stability in diverse industrial settings.

According to International Energy Agency (IEA), in the year 2018, nearly 45% of global power investment was made in upper-middle-income a country which includes China and much of Southeast Asia and Latin America.

Market Dynamics:

Driver:

Increasing deployment of gas-fired power plants

As more gas-fired power plants are built or expanded, there will be a higher demand for industrial gas turbines and their associated components, including ignition systems. Gas turbines are the primary technology used in gas-fired power plants for electricity generation, driving demand for ignition systems to start and control these turbines. Moreover, as more power plants come online or undergo upgrades, there will be opportunities for suppliers of ignition systems to expand their market presence and capture a larger share of the industry.

Restraint:

High initial cost of installation

The high upfront cost of installing industrial gas turbine ignition systems can act as a barrier to entry for smaller players or new entrants into the market. This may limit competition and innovation, as companies with limited resources may struggle to invest in research and development or scale up production. This can lead to a slower adoption rate of these systems, delaying the transition to more efficient and reliable ignition technologies hampering the growth of the market.

Opportunity:

Need for cleaner and more efficient industrial gas turbine ignition systems

As industries seek to reduce emissions and improve energy efficiency, there will be a growing demand for cleaner and more efficient industrial gas turbine ignition systems and the focus on cleaner and more efficient ignition systems will stimulate innovation in the market. This demand will drive market growth as companies invest in upgrading or replacing existing systems with advanced ignition technologies and improve combustion efficiency, and enhance overall turbine performance encouraging the growth of the market.

Threat:

Accessibility of alternative energy sources

As alternative energy sources such as solar, wind, and hydroelectric power become more accessible and cost-effective, they can compete with gas-fired power generation, reducing the demand for industrial gas turbine ignition systems. Industries and utilities may prioritize investment in renewable energy projects over traditional gas-fired power generation, diverting resources away from the development and adoption of gas turbine ignition systems. This can lead to decreased market share and revenue for suppliers of gas turbine ignition systems.

Covid-19 Impact

Lockdown measures and economic uncertainty led to postponement of investment decisions, affecting new turbine installations and maintenance activities. However, the crisis also prompted increased focus on operational efficiency and resilience, driving demand for innovative ignition systems to optimize turbine performance and reduce downtime. Remote monitoring and predictive maintenance solutions gained prominence to ensure continuity of operations amidst travel restrictions. As recovery efforts continue, the market is expected to rebound gradually, with emphasis on sustainability and digitalization shaping future trends.

The glow plug ignition systems segment is expected to be the largest during the forecast period

The glow plug ignition systems segment is estimated to have a lucrative growth, because glow plug systems offer advantages such as improved cold-start performance, reduced emissions, and enhanced fuel efficiency. However, their application in large-scale industrial turbines may face challenges related to scalability, durability, and compatibility with existing infrastructure. Despite these challenges, the introduction of glow plug technology could spur innovation and competition in the market, driving manufacturers to develop advanced ignition solutions to meet evolving customer demands for more efficient and environmentally friendly turbine operations.

The heavy-duty gas turbine segment is expected to have the highest CAGR during the forecast period

The heavy-duty gas turbine segment is anticipated to witness the highest CAGR growth during the forecast period; heavy-duty turbines typically require robust and reliable ignition systems to ensure efficient combustion and power generation. This demand may drive manufacturers to innovate and develop advanced ignition technologies tailored to the specific requirements of heavy-duty applications, such as higher ignition energy and durability under extreme operating conditions. Additionally, the expansion of heavy-duty gas turbine installations may create opportunities for ignition system suppliers to penetrate new markets and strengthen their foothold in the industrial gas turbine sector.

Region with largest share:

Asia Pacific is projected to hold the largest market share during the forecast period owing to the rapid industrialization, especially in countries like China, India, Japan, and South Korea. This has led to an increased demand for power generation, which in turn drives the demand for industrial gas turbines and their components, including ignition systems. Moreover, industrial gas turbines are a significant source of power generation in industries such as manufacturing, oil & gas, and utilities. Consequently, the market for ignition systems for these turbines is likely to see growth.

Region with highest CAGR:

North America is projected to have the highest CAGR over the forecast period, owing to the stricter environmental regulations in North America have prompted industries to adopt cleaner and more efficient technologies, including gas turbines. Ignition systems play a crucial role in ensuring efficient combustion and reducing emissions. Companies invest in advanced ignition systems to comply with regulatory requirements. Additionally the integration of renewable energy sources with gas turbine power plants requires sophisticated ignition systems for seamless operation and grid stability propels the growth of the market.

Key players in the market

Some of the key players in the Industrial Gas Turbine Ignition System Market include Altronic, LLC, Ametek, Inc., Ansaldo Energia S.p.A., Champion Aerospace LLC, ESAB Corporation, Hatraco Technische, Honeywell International Inc., Kawasaki Heavy Industries, Ltd, Knite, Koch Industries, Inc, Meggitt PLC, Mitsubishi Heavy Industries Ltd, NGK Spark Plug Co., Ltd., Siemens Energy AG, Stanley Engineered Fastening, Unison, Unison Industries, LLC, and Woodward

Key Developments:

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Product Types Covered:

• Glow Plug Ignition Systems
• Spark Ignition Systems
• Pilot Flame Ignition Systems
• Hot Surface Ignition Systems

Fuel Types Covered:

• Diesel
• Natural Gas
• Heavy Fuel Oil (HFO)
• Aviation Fuel
• Other Fuel Types

Components Covered:

• Igniter
• Exciter
• Spark Plugs
• High Voltage Transformers
• Ignition Control Units
• Other Components

Gas Turbine Types Covered:

• Heavy-duty Gas Turbine
• Light-duty Gas Turbine

Applications Covered:

• Chemical Processing Plants
• Paper Mills
• Steel Mills
• Cement Plants
• Food Processing
• Oil Refineries
• Other Applications

End Users Covered:

• Industrial
• Marine
• Aviation
• Mining
• Power Generation
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Industrial Gas Turbine Ignition System Market, By Product Type

• 5.1 Introduction
• 5.2 Glow Plug Ignition Systems
• 5.3 Spark Ignition Systems
• 5.4 Pilot Flame Ignition Systems
• 5.5 Hot Surface Ignition Systems

6 Global Industrial Gas Turbine Ignition System Market, By Fuel Type

• 6.1 Introduction
• 6.2 Diesel
• 6.3 Natural Gas
• 6.4 Heavy Fuel Oil (HFO)
• 6.5 Aviation Fuel
• 6.6 Other Fuel Types

7 Global Industrial Gas Turbine Ignition System Market, By Component

• 7.1 Introduction
• 7.2 Igniter
• 7.3 Exciter
• 7.4 Spark Plugs
• 7.5 High Voltage Transformers
• 7.6 Ignition Control Units
• 7.7 Other Component

8 Global Industrial Gas Turbine Ignition System Market, By Gas Turbine Type

• 8.1 Introduction
• 8.2 Heavy-duty Gas Turbine
• 8.3 Light-duty Gas Turbine

9 Global Industrial Gas Turbine Ignition System Market, By Application

• 9.1 Introduction
• 9.2 Chemical Processing Plants
• 9.3 Paper Mills
• 9.4 Steel Mills
• 9.5 Cement Plants
• 9.6 Food Processing
• 9.7 Oil Refineries
• 9.8 Other Applications

10 Global Industrial Gas Turbine Ignition System Market, By End User

• 10.1 Introduction
• 10.2 Industrial
• 10.3 Marine
• 10.4 Aviation
• 10.5 Mining
• 10.6 Power Generation
• 10.7 Other End Users

11 Global Industrial Gas Turbine Ignition System Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Altronic, LLC
• 13.2 Ametek, Inc.
• 13.3 Ansaldo Energia S.p.A.
• 13.4 Champion Aerospace LLC
• 13.5 ESAB Corporation
• 13.6 Hatraco Technische
• 13.7 Honeywell International Inc.
• 13.8 Kawasaki Heavy Industries, Ltd
• 13.9 Knite
• 13.10 Koch Industries, Inc
• 13.11 Meggitt PLC
• 13.12 Mitsubishi Heavy Industries Ltd
• 13.13 NGK Spark Plug Co., Ltd.
• 13.14 Siemens Energy AG
• 13.15 Stanley Engineered Fastening
• 13.16 Unison
• 13.17 Unison Industries, LLC
• 13.18 Woodward