Turbine Inlet Cooling System Market Analysis

  • Report ID: 889
  • Published Date: May 07, 2024
  • Report Format: PDF, PPT

Turbine Inlet Cooling System Market Analysis

Technology (Inlet Fogging, Chiller System, Evaporative Cooling, Mechanical Chillers, Fogging System, Wet Compression, Hybrid System, Absorption Cooling)

In turbine inlet cooling system market, inlet fogging segment is likely to capture around 30% share by the end of 2036. The segment growth can be accredited to the efficiency of the gas turbine by decreasing the air temperature and increasing the air mass flow rate. This technology is also affordable, easy to use, and safe for the environment. By dispersing fog droplets over the inlet air, inlet fogging devices raise the air density. It is among the evaporative cooling methods that are most frequently utilized.

The advantages of this technology include low operating and maintenance costs and approval from all major turbine manufacturers. The need for fogging system at the inlet. It is predicted that using turbine inlet cooling technology will increase plant efficiency by up to 10%.  It has been shown that installing turbine inlet cooling system is more cost-effective than adding more turbines. Turbine inlet cooling system are therefore becoming the preferred option for many power plant owners and operators. As a result, the market will propel in the near future.

End-Use (Power Generation, Oil & Gas, Chemical, Petrochemical, Food Processing)

In turbine inlet cooling system market, the power generation segment is predicted to hold over 28% revenue share by the end of 2036. The growing need for electricity globally, especially in emerging countries, has forced power production companies to focus on boosting the output and efficiency of gas turbines. One workable way to accomplish this is using turbine inlet cooling. Turbine inlet cooling system can also help power plants cut greenhouse gas emissions and meet environmental regulations.

Our in-depth analysis of the market includes the following segments:

            Technology

  • Inlet Fogging
  • Chiller System
  • Evaporative Cooling
  • Mechanical Chillers
  • Fogging System
  • Wet Compression
  • Hybrid System
  • Absorption Cooling

            Component

  • Chillers
  • Inlet Coils
  • Pump
  • Cooling Tower
  • Thermal Energy Storage Tank
  • Air Cooled Heat Exchanger

            Application

  • CT Plant
  • Industrial

            End-Use

  • Power Generation
  • Oil & Gas
  • Chemical
  • Petrochemical
  • Food Processing
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Author Credits:  Dhruv Bhatia


  • Report ID: 889
  • Published Date: May 07, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2023, the industry size of turbine inlet cooling system was over USD 5 billion.

The market size for turbine inlet cooling system is projected to cross USD 10 billion by the end of 2036 expanding at a CAGR of 5% during the forecast period i.e., between 2024-2036.

The major players in the market are Johnson Controls International plc, General Electric Company, Baltimore Aircoil Company, Inc., Camfil AB, Munters AB, Parker Hannifin Corporation, Caldwell Energy Company, American Moistening Company, Inc., Mee Industries Inc., and others.

In terms of technology, the inlet fogging segment is anticipated to account for the largest market share of 30% during 2024-2036.

The North America turbine inlet cooling system sector is poised to hold the highest share of 32% by 2036.
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