Shopping Cart  |  Intelligence Center

Press Release

Contact: Stuart Slade, Naval Systems Analyst
Phone: (203) 426-0800
Forecast International, Inc.
22 Commerce Rd. Newtown, CT 06470 USA


Forecast International: Marine Gas Turbine Evolution Slow But Steady

NEWTOWN, Conn. [November 29, 2017] – Forecast International latest study of the Marine Gas Turbine Industry projects that 763 marine gas turbine machines valued at $6.264 billion will be produced during the period 2017-2026. Forecast International Naval Analyst Stuart Slade suggests that the market for these turbines remains steady despite pressure on defense expenditure in general. Within the naval propulsion sector there is a quiet revolution in progress that may significantly affect future developments.

"Sales of large propulsion turbines for major surface combatants are beginning to decline due to the rise in average power output per turbine. This is making it possible for the number of turbines required to provide the desired level of power to be reduced. Where a ship might have demanded four medium-output gas turbines in the past, now designers are able to use a pair of high-output units to deliver the same power," said Slade.

The trend towards higher power gas turbines is being reinforced by the introduction of fully integrated electrical power designs where propulsion machinery and electrical power generation equipment are combined. "Modern warships have an insatiable demand for electrical power to run their sensors," said Slade. "This is only going to increase as electrically powered weapons including lasers and railguns become commonplace. By using integrated full electric propulsion (IFEP), the escalating demands for electrical power on board modern warships can be accommodated in a cost-effective manner.

Forecast International's data shows that the marine gas turbine industry is almost exclusively dominated by three companies: GE, Rolls-Royce and Zorya Mashproekt. Between them, they account for nearly 98 percent of the marine gas turbines produced and 99.6 percent of the value of gas turbine production during the forecast period.

Slade points out that GE has apparently resisted the challenge from Rolls-Royce over the last few years and has maintained its position as the world leader in marine gas turbine production. "The members of the LM2500 family are solid, reliable products and the most powerful member of the group, the LM2500+ G4 is right at the top of the power output list in this sector. If more power is needed, and it probably will be, we can see the LM6000 winning more acceptance in this sector."

About Forecast International
Forecast International, Inc. is a leading provider of Market Intelligence and Consulting in the areas of aerospace, defense, power systems and military electronics. Based in Newtown, Conn., USA, the company specializes in long-range industry forecasts and market assessments used by strategic planners, marketing professionals, military organizations, and governments worldwide. Forecast International also maintains a high posture of situational awareness and geopolitical analysis.


Contact Information
Ray Peterson
Vice President, Research & Editorial Services
Forecast International
22 Commerce Rd. Newtown, CT 06470 USA
(203) 426-0800

Forecast International sees Asia as Largest Light Military Rotorcraft Market over next 15 Years
Sep 11, 2019
Forecast International Senior Warships Analyst Stuart Slade to Speak at DSEI
Aug 19, 2019
Forecast International Projects $15.8 Billion Sea-Based Radar Market over Next 10 Years
Aug 15, 2019
Forecast International Publishes White Paper On Global Outlook For Helicopters
Aug 08, 2019
Market for Aircraft Carriers and Amphibious Warfare Ships Will Total $65.4B over Next 10 Years
Aug 05, 2019
Demand for Cybersecurity Means Explosive Growth in World C4I Market
Apr 29, 2019
FI Projects a 10-Year U.S. Defense Electronics Market
Apr 02, 2019
Forecast International and Japan's EvaAviation Forge Ties as Partners, Resellers
Dec 11, 2018
European Manufacturers Set to Break into Microturbine Market
Dec 05, 2018
GE Dominates Market in New Forecast International Power Generation Forecast
Dec 04, 2018
Forecast International: Realignment and Restructuring Characterize Regional Aircraft Market
Oct 29, 2018
Forecast International: New-Start Programs Highlight Long-Term Outlook in Light Military Rotorcraft Market
Sep 26, 2018

Forecast International © 2019 22 Commerce Rd Newtown, CT 06470 USA Phone: 203.426.0800 Toll-Free: 800.451.4975 (USA & Canada) Fax: 203.426.0223