Industrial Gas Turbine Ignition System Market
Industrial Gas Turbine Ignition System Market Forecasts to 2030 - Global Analysis By Product Type (Glow Plug Ignition Systems, Spark Ignition Systems, Pilot Flame Ignition Systems and Hot Surface Ignition Systems), Fuel Type, Component, Gas Turbine Type, Application, End User and By Geography
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:
In February 2024, Honeywell And Hawks Partner To Help Improve Building Sustainability Efforts At State Farm Arena. As part of this multi-year deal, Honeywell will implement a series of high-tech upgrades to State Farm Arena's building operations systems.
In December 2023, AMETEK, Inc announced that it has completed its acquisition of Paragon Medical, a leading provider of highly engineered medical components and instruments, from affiliates of American Securities LLC, in an all-cash transaction valued at approximately $1.9 billion.
In January 2023, Spartan Controls And Altronic LLC Announce New Partnership. This new partnership will enable our customers to meet and exceed reliability, uptime, and emissions targets related to natural gas engines and gas production.
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
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o 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
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o 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
List of Tables
1 Global Industrial Gas Turbine Ignition System Market Outlook, By Region (2021-2030) ($MN)
2 Global Industrial Gas Turbine Ignition System Market Outlook, By Product Type (2021-2030) ($MN)
3 Global Industrial Gas Turbine Ignition System Market Outlook, By Glow Plug Ignition Systems (2021-2030) ($MN)
4 Global Industrial Gas Turbine Ignition System Market Outlook, By Spark Ignition Systems (2021-2030) ($MN)
5 Global Industrial Gas Turbine Ignition System Market Outlook, By Pilot Flame Ignition Systems (2021-2030) ($MN)
6 Global Industrial Gas Turbine Ignition System Market Outlook, By Hot Surface Ignition Systems (2021-2030) ($MN)
7 Global Industrial Gas Turbine Ignition System Market Outlook, By Fuel Type (2021-2030) ($MN)
8 Global Industrial Gas Turbine Ignition System Market Outlook, By Diesel (2021-2030) ($MN)
9 Global Industrial Gas Turbine Ignition System Market Outlook, By Natural Gas (2021-2030) ($MN)
10 Global Industrial Gas Turbine Ignition System Market Outlook, By Heavy Fuel Oil (HFO) (2021-2030) ($MN)
11 Global Industrial Gas Turbine Ignition System Market Outlook, By Aviation Fuel (2021-2030) ($MN)
12 Global Industrial Gas Turbine Ignition System Market Outlook, By Other Fuel Types (2021-2030) ($MN)
13 Global Industrial Gas Turbine Ignition System Market Outlook, By Component (2021-2030) ($MN)
14 Global Industrial Gas Turbine Ignition System Market Outlook, By Igniter (2021-2030) ($MN)
15 Global Industrial Gas Turbine Ignition System Market Outlook, By Exciter (2021-2030) ($MN)
16 Global Industrial Gas Turbine Ignition System Market Outlook, By Spark Plugs (2021-2030) ($MN)
17 Global Industrial Gas Turbine Ignition System Market Outlook, By High Voltage Transformers (2021-2030) ($MN)
18 Global Industrial Gas Turbine Ignition System Market Outlook, By Ignition Control Units (2021-2030) ($MN)
19 Global Industrial Gas Turbine Ignition System Market Outlook, By Other Component (2021-2030) ($MN)
20 Global Industrial Gas Turbine Ignition System Market Outlook, By Gas Turbine Type (2021-2030) ($MN)
21 Global Industrial Gas Turbine Ignition System Market Outlook, By Heavy-duty Gas Turbine (2021-2030) ($MN)
22 Global Industrial Gas Turbine Ignition System Market Outlook, By Light-duty Gas Turbine (2021-2030) ($MN)
23 Global Industrial Gas Turbine Ignition System Market Outlook, By Application (2021-2030) ($MN)
24 Global Industrial Gas Turbine Ignition System Market Outlook, By Chemical Processing Plants (2021-2030) ($MN)
25 Global Industrial Gas Turbine Ignition System Market Outlook, By Paper Mills (2021-2030) ($MN)
26 Global Industrial Gas Turbine Ignition System Market Outlook, By Steel Mills (2021-2030) ($MN)
27 Global Industrial Gas Turbine Ignition System Market Outlook, By Cement Plants (2021-2030) ($MN)
28 Global Industrial Gas Turbine Ignition System Market Outlook, By Food Processing (2021-2030) ($MN)
29 Global Industrial Gas Turbine Ignition System Market Outlook, By Oil Refineries (2021-2030) ($MN)
30 Global Industrial Gas Turbine Ignition System Market Outlook, By Other Applications (2021-2030) ($MN)
31 Global Industrial Gas Turbine Ignition System Market Outlook, By End User (2021-2030) ($MN)
32 Global Industrial Gas Turbine Ignition System Market Outlook, By Industrial (2021-2030) ($MN)
33 Global Industrial Gas Turbine Ignition System Market Outlook, By Marine (2021-2030) ($MN)
34 Global Industrial Gas Turbine Ignition System Market Outlook, By Aviation (2021-2030) ($MN)
35 Global Industrial Gas Turbine Ignition System Market Outlook, By Mining (2021-2030) ($MN)
36 Global Industrial Gas Turbine Ignition System Market Outlook, By Power Generation (2021-2030) ($MN)
37 Global Industrial Gas Turbine Ignition System Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY
We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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