MHPS Is Global Market Share Leader in 2018 for Heavy Duty Gas Turbines

 

Dubai, UAE (February 18, 2019) - Mitsubishi Hitachi Power Systems (MHPS) has achieved a major milestone in the global Power Generation sector, securing 2018 market share leadership in global orders for heavy duty gas turbines (100 MW and above). The result is based on data compiled by McCoy Reports, the premier reporting agency in the gas turbine market. This segment is the most closely watched by industry experts because it represents the most advanced technology and drives energy production globally.

 

MHPS market leadership was driven by the J-Series gas turbine and its industry-leading 64+% efficiency and 99.5% reliability. Globally, MHPS' heavy duty turbines captured 41% global market share. For the largest gas turbines (post F-class and larger) MHPS had 49% global market share.

 

“Being the heavy duty gas turbine leader in this competitive market is validation of both our world-leading turbine technology and of our employees around the world who put our customer first,” said Kenji Ando, President & CEO of MHPS. “I'm proud that more customers are choosing us to provide reliable and efficient power, and I'm looking forward to MHPS continuing to lead a Change in Power.”

As a global-leading company in thermal-power and environmental technologies, MHPS provides the most reliable and efficient advanced class gas turbines in the world that contribute to improving people’s lifestyles around the world while creating a safe and secure global environment.