Heavy Fuel Oil is also known as residual fuel oil, which is a by-product in the refining process of crude oil. Heavy Fuel Oil contains residuals of distillation and subsequent cracking of crude oil, which make it available at lower costs. Heavy Fuel Oil has many layering and therefore, it should be used, maintained and stored in a high temperature. Heavy Fuel Oil generators cost less as compared to other generators, because of the availability and low cost of heavy fuel oil used in it. They are majorly used in marine engines, because of its small size. Other than marine engines, they are used in powered boilers and railroads.
The Gas Turbines burning crude oil for HFO market revenue was xx Million USD in 2016, grew to xx Million USD in 2021, and will reach xx Million USD in 2026, with a CAGR of xx during 2021-2026.

Considering the influence of COVID-19 on the global Gas Turbines burning crude oil for HFO market, this report analyzed the impact from both global and regional perspectives. From production end to consumption end in regions such as North America, Europe, China, and Japan, the report put emphasis on analysis of market under COVID-19 and corresponding response policy in different regions.

This report also analyzes the strategies for different companies to deal with the impact of COVID-19 in detail to seek a path to recovery.

Under COVID-19 Outbreak, how the Gas Turbines burning crude oil for HFO Industry will develop is also analyzed in detail in Chapter 1.8 of this report.

Major Players in Gas Turbines burning crude oil for HFO market are:
Ningbo C.S.I. Power & Machinery Group Co., Ltd.
Daihatsu
Taizhou Genour Power Machinery Co., Ltd.
Aggreko
Wärtsilä
General Electric
Yanmar Co., Ltd.
Isuzu
Avespeed New Energy Group Co., Limited
Nishishiba Electric Co., Ltd.

Most important types of Gas Turbines burning crude oil for HFO products covered in this report are:
High-Speed power Generators
Medium Speed power Generators

Most widely used downstream fields of Gas Turbines burning crude oil for HFO market covered in this report are:
Oil and Gas
Events
Construction
Mining
Manufacturing
Shipping and Contracting

Major Region

s or countries covered in this report:
North America
Europe
China
Japan
Middle East and Africa
South America
India
South Korea
Southeast Asia
Others

In Chapter 3.4, the report provides analysis of the reasons behind price fluctuations.

In chapters 5, 6, and 7, the impact of COVID-19 on the different regions in both production and consumption end and SWOT analysis are pointed out.

In Chapters 8, the report presents company's recent development and strategies to deal with the impact of COVID-19.

Years considered for this report:

Historical Years:

2016-2020

Base Year:

2020

Estimated Year:

2021

Forecast Period:

2021-2026