Gas Turbine Market
Gas Turbine Market Analysis by Design Type (Heavy-duty and Aeroderivative), End User (Power Generation, Oil & Gas, and Other Industrial), by Technology (Open Cycle and Combined Cycle), by Rated Capacity (Application Gas Turbine, Network Gas Turbine, Device Gas Turbine, and Social Engineering), & Region - Forecast to 2022 - 2032
Market Insights on Gas Turbine covering sales outlook, demand forecast & up-to-date key trends
Gas Turbine Market Outlook
[250 Pages Report] The global gas turbine market size was valued at US$ 19 Bn in 2021 and projected to reach US$ 23 Bn by 2026, with an expected CAGR of 4.0% from 2022 to 2032.
“A shift from traditional electricity generation methods to gas turbine for power generation will offer developing markets with abundant opportunities and increase the demand of gas turbine.”
One of the main drivers of market expansion is rising electricity demand. The demand for a reliable power supply is rapidly increasing as the world's population grows and the industrial sector expands.
Furthermore, manufacturers are putting more emphasis on research and development (R&D) to build gas turbines that can use a variety of fuels, run at high temperatures, and have no turbine failures. Some of the commonly used gas turbines are mini gas turbines, small gas turbines, micro gas turbines, hydrogen gas turbines and industrial gas turbines, which are likely to hold diversified gas turbine market opportunities.
Attributes |
Details |
Gas Turbine Market CAGR (2022 – 2032) |
4.0% |
Gas Turbine Market (2026) |
US$ 23 Bn |
Gas Turbine Market Attraction |
Developing markets to hold more substance than mature markets |
What is the COVID-19 Impact on Gas Turbine Market?
“Among the open cycle gas turbines, industrial gas turbines, and hydrogen gas turbines, the popularity of gas turbines will remain modest during the forecast period.”
The COVID-19 pandemic is expected to impact multiple factors of the gas turbine market value chain, which will be reflected over the forecast period (2022-2032).
The electric power generation industry and the mechanical drive market both dropped in what was a bleak year worldwide due to the COVID-19 pandemic, which killed millions of people and shattered economies. This hardship was also faced by the gas turbine sector and affected the manufacturing of micro gas turbine, mini gas turbine and small gas turbine. The pandemic has produced other obstacles in the gas turbine industry. Lockdown imposition and curfews have caused a delay in gas turbine equipment maintenanceservices as well as gas turbine sales.
Despite the increase in value, the gas turbine market report suggests that new control system technologies that improve the efficiency of gas turbine operation are achievable. Moreover, with political uncertainty and global emissions rules added to the mix, the demand for gas power generation is anticipated to grow and the modern gas turbine system industry will continue to shape up in the future to meet the difficulties of a post-pandemic economy.
Let us know your requirement to get
100% FREE customization
What are the Gas Turbine Market Dynamics?
“Rapid technological breakthroughs in the energy industry, combined with a shift in focus toward distributed power production technologies, are propelling the global gas turbine market forward.”
Because of rising economic activities in developing countries, increased industrialization and increased use of electrical equipment have increased power consumption. Natural gas power plants are anticipated to be erected as a result of the tight emission rules established by developed countries and the rising demand for electricity, as natural gas emits less carbon dioxide.
Gas turbines have a competitive advantage over other distributed generation technologies for backup power and onsite generation because of the gas turbine efficiency and stable generation capacity. As a result, the rise of distributed power generation represents a significant market opportunity for gas turbines which will be fruitful for the market as the sales of micro gas turbine, mini gas turbine and small gas turbine will go up.
Small power plants with low voltage DC-based power distribution were used to distribute electricity historically. Here the gas turbine working principal comes in play. For electric supply and mechanical operations, distributed generation can be used, which causes the object to rotate.
Gas turbines have a competitive advantage over other distributed generation technologies for backup power and onsite generation because of their better efficiency and stable generation capacity. As a result, the rise of distributed power generation represents a significant market opportunity for gas turbines.
What are the Gas Turbine Market Restraints?
“Lack of expertise pertaining to installation of gas turbines and poor-to-average labor safety laws could limit the true potential of the gas turbine market.”
During the projected period, the volatile price of natural gas is expected to stifle the expansion of the gas turbine market. However, an increase in the trend of distributed gas power generation and the replacement of phased-out nuclear and coal facilities are expected to present lucrative prospects for the growth of the gas turbine market.
Nuclear power plants demand a significant amount of investment and come with operating hazards related to safety concerns. Natural gas turbine power plants will be the safest alternative. As a result, demand for gas turbines in the global market will rise.
The reserve to production ratio would drop dramatically if the US began exporting natural gas to global markets. Despite the fact that coal production and consumption are far higher in Asia Pacific's fast-growing nations, worldwide natural gas supply is only enough to last half as long as coal at the current production pace.
How to Leverage Key Gas Turbine MarketOpportunities?
As end users are carrying out the gas turbine analysis and are being increasingly aware about the gas turbine applications, the quest for advanced technologies for gas turbines is rising. While aeroderivate and heavy-duty gas turbines continue to offer huge sales channel for gas turbine market players, the other players seek opportunity by revisiting the gas turbine working principle and bringing ground-level improvements.
Efforts are also being made by manufacturers towards boosting the gas turbines efficiency, be it micro gas turbine, mini gas turbine, or heavy-duty gas turbine to improve the gas turbine power output.
Comparative View of Adjacent Gas Turbine Market
Gas Turbine Market:
Attributes |
Gas Turbine Market |
CAGR (2022-2032) |
4% |
Market Value (2026) |
US$ 23 Bn |
Growth Factor |
Demand to remain high as gas turbine is deemed as reliable electricity generation source. |
Opportunity |
Japan holds high market attractiveness quotient. |
Key Trends |
Prioritize manufacturing of gas turbines with a load capacity to 300 MW. |
Industrial Gas Turbine Market:
Attributes |
Industrial Gas Turbine Market |
CAGR (2022-2032) |
2% |
Market Value (2026) |
US$ 5.9 Bn |
Growth Factor |
Regulatory mandates for GHG emissions to drive sales. |
Opportunity |
Shift from coal-based to gas-based power generation source to offer opportunities. |
Key Trends |
Diversify portfolio for district heating and marine propulsion. |
Hydrogen Gas Turbine Market:
Attributes |
Hydrogen Gas Turbine Market |
CAGR (2022-2032) |
10% |
Market Value (2026) |
US$ 1.8 Bn |
Growth Factor |
Sales to soar as adoption grows formodern hydrogen gas turbines with low CO2 emission. |
Opportunity |
Investment in fuel composition up to 20% will bode favorable returns. |
Key Trends |
Increase R&D activities for design improvements. |
Global market study on gas turbine technology explains the advent of gas turbine technology, the focus of gas turbine manufacturers is on the design improvement for facilitating turbines with as low emission capabilities as possible. Another differentiator for gas turbine industry players is the gas turbine price. Increasing reliance on gas power generation over the traditional methods is also likely to upkeep the growing adoption of gas turbines during the forecast period.
The gas turbine market report shows that the sales of gas turbines could expand rapidly over the forecast period, owing to increased government backing for power production technologies that minimize carbon dioxide (CO2) emissions around the world.
Natural gas was the largest source of electricity generation in the United States in 2020, and the second-largest source of electricity generation globally, according to the bp Statistical Review of World Energy 2021. It accounted for 40.5% of US power generation sources and 23.4% of global power generation sources.Solar and wind power generationfacilities are both environmentally friendly sources of electricity. Renewable energy investment is projected to have an impact on coal-fired power facilities.
As a result, the market analysis for gas turbinesshows that the demand might fall due to restricted natural gas sources. However, the impact on gas turbine market growth due to the scramble towards renewable sources will be shared by the industrial gas turbine market as well as the hydrogen gas turbine market.
Over the last decade, gas turbine manufacturers have increased their spending on research and development for gas turbine to speed up key phases in the new product cycle when new designs are introduced.In addition, substantial regional industrialization, urbanisation, and economic expansion are projected, resulting in the construction of new power plants in many rising economies.
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystHow is the Gas Turbine Market Segmentation?
Global gas turbine market is segmented by type, end-user, technology, rated capacity, and region.
Which Design type Segment in Gas Turbine Market is anticipated grow at the fastest rate during 2022-2032, and why?
By 2032, the aeroderivative category is predicted to increase at a greater rate than the other design types in gas turbine market. There are different types of gas turbines out there.
The aeroderivative segment in gas turbine market is expected to increase at a quicker rate. Aircraft engines or aviation gas turbines are used to design aeroderivative gas turbines. Aeroderivative gas turbines are lighter, easier to install, and start up faster than heavy-duty gas turbines. Other gas turbines are like mini and small gas turbine, hydrogen gas turbine and industrial gas turbine etc.
Which End-user Segment will lead the Global Gas Turbine Market?
During the projected period, the power generation segment is expected to lead the Gas Turbine market by end user. During the forecast period, the power generation segment is expected to lead the market.
Gas turbine power plants are commonly employed as medium-sized peak load plants that operate intermittently during periods of high demand on an electric grid. They're also employed as cogeneration facilities for high-heat-load industrial plants and district heating schemes.
Which Technology Segment is the Dominating Global Gas Turbine Market?
On the basis of technology, the combined gas turbine cycle segment is predicted to develop at a quicker rate and dominate the global gas turbine market.
This segment's growth is likely to be fueled by the replacement of old coal-fired power generation capacity. Large-capacity combined cycle gas power plants are exclusively served by gas turbines with a rated capacity of more than 300 MW. This category includes the most expensive and largest gas turbines on the market.
Which is the Most Popular Segment in Gas Turbine Market Based on Rated Capacity?
By rated capacity, application gas turbine is expected to lead the global gas turbine market through 2032.
The gas turbine market for this segment is projected to be driven by lower emissions and higher power. A mixed cycle is a power generation system that combines numerous cycles. As the exhaust is used for other operational functions, they have fewer total emissions.
What are the Factors Driving Asia Pacific Gas Turbine Market?
Asia Pacific led the gas turbine market in 2020, and is expected to continue its dominance throughout the forecast period.
In terms of value, Asia Pacific dominated the worldwide gas turbine market in 2020. The Asia Pacific gas turbines market is predicted to rise due to increased investment in new large gas-fired combined cycle power plants and large coal-fired power plants, as well as rising energy consumption.
China and India are expected to witness Growth in Regional Market for Gas Turbine
Rapid industrialization and urbanisation are generating a massive and ever-increasing power demand in the China, necessitating the construction of multiple power generation facilities. As a result, China's demand for gas turbines is increasing.
In addition, the India Brand Equity Foundation (IBEF) reports that coal-fired generation dominates India's power sector, accounting for 61.3 percent of total installed capacity in June 2021. The country highlighted the potential of renewable energy and gas-based generation for decarbonization and reaching the Paris Agreement's targets, which aim to significantly cut global greenhouse gas emissions in order to limit global warming.

An unified Market Research Subscription Platform, built for today’s disparate research needs.
Who are the Key Gas Turbine Manufacturers?
Major players in global gas turbine market include United Engine Corporation (Russia), Rolls-Royce plc (England), Harbin Electric Machinery Company Limited (China), MTU Aero Engines AG (Germany), IHI Corporation (Japan), Wartsila (Finland), Doosan Heavy Industries & Construction (South Korea), MAPNA Group (Iran), OPRA Turbines (Netherlands), Solar Turbines Incorporated (US), Mitsubishi Heavy Industries, Ltd. (Japan), Kawasaki Heavy Industries, Ltd. (Japan), Siemens Energy (Germany), Vericor Power Systems (US), ZoryaMashproekt (Ukraine), MAN Energy Solutions (Germany),Bharat Heavy Electricals Limited (India), Centrax Gas Turbine (England), Capstone Green Energy Corporation (US), General Electric (US), AnsaldoEnergia (Italy).
The gas turbine industry growth scenario picture will be complemented by ongoing mergers and acquisitions, as well as increased R&D investments in gas turbineby major manufacturing participants in product durability, efficiency, and adaptability.
Furthermore, one of the important factors supporting the growth of the gas turbine market is the assurance of long-term fuel supply across multiple oil producing companies throughout the world.
Gas turbines contribute significantly to the reduction of greenhouse gas (GHG) emissions. These are efficient and reduce carbon emissions as compared to conventional combustion-based energy generation applications. That’s why there’s use of micro gas turbine, mini gas turbine and small gas turbine.
Key Segments
By Design Type :
- Heavy-duty
- Aeroderivative
By End User:
- Power Generation
- Oil and Gas
- Other Industrial
By Technology:
- Open Cycle
- Combined Cycle
By Rated Capacity:
- Application Gas
- TurbineNetwork Gas
- TurbineDevice Gas Turbine
- Social Engineering
By Region:
- North America
- Latin America
- Asia Pacific
- Europe
- Middle East & Africa
Major Players:
- Mitsubishi Heavy Industries, Ltd.
- Siemens Energy
- AnsaldoEnergia
- United Engine Corporation
- Kawasaki Heavy Industries, Ltd.
Frequently Asked Questions
The global gas turbine market is expected to register a CAGR of 4.0% from 2022 to 2032.
The size of the gas turbine market is anticipated to be valued at US$ 28 Bn by 2032.
1. Executive Summary
1.1. Global Market Outlook
1.2. Summary of Statistics
1.3. Key Market Characteristics & Attributes
1.4. Fact.MR Analysis and Recommendations
2. Market Overview
2.1. Market Coverage
2.2. Market Definition
3. Market Risks and Trends Assessment
3.1. Risk Assessment
3.1.1. COVID-19 Crisis and Impact on Gas Turbine
3.1.2. COVID-19 Impact Benchmark with Previous Crisis
3.1.3. Impact on Market Value (US$ Mn)
3.1.4. Assessment by Key Countries
3.1.5. Assessment by Key Market Segments
3.1.6. Action Points and Recommendation for Suppliers
3.2. Key Trends Impacting the Market
3.3. Formulation and Product Development Trends
4. Market Background
4.1. Gas Turbine Market, by Key Countries
4.2. Gas Turbine Market Opportunity Assessment (US$ Mn)
4.2.1. Total Available Market
4.2.2. Serviceable Addressable Market
4.2.3. Serviceable Obtainable Market
4.3. Market Scenario Forecast
4.3.1. Demand in optimistic Scenario
4.3.2. Demand in Likely Scenario
4.3.3. Demand in Conservative Scenario
4.4. Investment Feasibility Analysis
4.4.1. Investment in Established Markets
4.4.1.1. In Short Term
4.4.1.2. In Long Term
4.4.2. Investment in Emerging Markets
4.4.2.1. In Short Term
4.4.2.2. In Long Term
4.5. Forecast Factors - Relevance & Impact
4.5.1. Top Companies Historical Growth
4.5.2. Growth in Automation, By Country
4.5.3. Gas Turbine Adoption Rate, By Country
4.6. Market Dynamics
4.6.1. Market Driving Factors and Impact Assessment
4.6.2. Prominent Market Challenges and Impact Assessment
4.6.3. Gas Turbine Market Opportunities
4.6.4. Prominent Trends in the Global Market & Their Impact Assessment
5. Key Success Factors
5.1. Manufacturers’ Focus on Low Penetration High Growth Markets
5.2. Banking on with Segments High Incremental Opportunity
5.3. Peer Benchmarking
6. Global Gas Turbine Market Demand Analysis 2015-2021 and Forecast, 2022-2032
6.1. Historical Market Analysis, 2015-2021
6.2. Current and Future Market Projections, 2022-2032
6.3. Y-o-Y Growth Trend Analysis
7. Global Gas Turbine Market Value Analysis 2015-2021 and Forecast, 2022-2032
7.1. Historical Market Value (US$ Mn) Analysis, 2015-2021
7.2. Current and Future Market Value (US$ Mn) Projections, 2022-2032
7.2.1. Y-o-Y Growth Trend Analysis
7.2.2. Absolute $ Opportunity Analysis
8. Global Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032, By Design Type
8.1. Introduction / Key Findings
8.2. Historical Market Size (US$ Mn) Analysis By Design Type, 2015-2021
8.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Design Type, 2022-2032
8.3.1. Heavy duty
8.3.2. Aeroderivative
8.4. Market Attractiveness Analysis By Design Type
9. Global Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032, By End User
9.1. Introduction / Key Findings
9.2. Historical Market Size (US$ Mn) Analysis By End User, 2015-2021
9.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By End User, 2022-2032
9.3.1. Power Generation
9.3.2. Oil & gas
9.3.3. Other industrial
9.4. Market Attractiveness Analysis By End User
10. Global Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032, By Technology
10.1. Introduction / Key Findings
10.2. Historical Market Size (US$ Mn) Analysis By Technology, 2015-2021
10.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Technology, 2022-2032
10.3.1. Open Cycle
10.3.2. Combined Cycle
10.4. Market Attractiveness Analysis By Technology
11. Global Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032, By Rated Capacity
11.1. Introduction / Key Findings
11.2. Historical Market Size (US$ Mn) Analysis By Rated Capacity, 2015-2021
11.3. Current and Future Market Size (US$ Mn) Analysis and Forecast By Rated Capacity, 2022-2032
11.3.1. Application Gas Turbine
11.3.2. Network Gas Turbine
11.3.3. Device Gas Turbine
11.3.4. Social Engineering
11.4. Market Attractiveness Analysis By Rated Capacity
12. Global Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032, By Region
12.1. Introduction
12.2. Historical Market Size (US$ Mn) Analysis By Region, 2015-2021
12.3. Current Market Size (US$ Mn) & Analysis and Forecast By Region, 2022-2032
12.3.1. North America
12.3.2. Latin America
12.3.3. Europe
12.3.4. Asia Pacific
12.3.5. Middle East and Africa (MEA)
12.4. Market Attractiveness Analysis By Region
13. North America Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032
13.1. Introduction
13.2. Pricing Analysis
13.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
13.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
13.4.1. By Country
13.4.1.1. U.S.
13.4.1.2. Canada
13.4.1.3. Rest of North America
13.4.2. By Design Type
13.4.3. By End User
13.4.4. By Rated Capacity
13.4.5. By Technology
13.5. Market Attractiveness Analysis
13.5.1. By Country
13.5.2. By Design Type
13.5.3. By End User
13.5.4. By Rated Capacity
13.5.5. By Technology
14. Latin America Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032
14.1. Introduction
14.2. Pricing Analysis
14.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
14.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
14.4.1. By Country
14.4.1.1. Brazil
14.4.1.2. Mexico
14.4.1.3. Rest of Latin America
14.4.2. By Design Type
14.4.3. By End User
14.4.4. By Rated Capacity
14.4.5. By Technology
14.5. Market Attractiveness Analysis
14.5.1. By Country
14.5.2. By Design Type
14.5.3. By End User
14.5.4. By Rated Capacity
14.5.5. By Technology
15. Europe Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032
15.1. Introduction
15.2. Pricing Analysis
15.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
15.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
15.4.1. By Country
15.4.1.1. Germany
15.4.1.2. France
15.4.1.3. U.K.
15.4.1.4. Italy
15.4.1.5. Benelux
15.4.1.6. Nordic Countries
15.4.1.7. Rest of Europe
15.4.2. By Design Type
15.4.3. By End User
15.4.4. By Rated Capacity
15.4.5. By Technology
15.5. Market Attractiveness Analysis
15.5.1. By Country
15.5.2. By Design Type
15.5.3. By End User
15.5.4. By Rated Capacity
15.5.5. By Technology
16. Asia Pacific Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032
16.1. Introduction
16.2. Pricing Analysis
16.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
16.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
16.4.1. By Country
16.4.1.1. China
16.4.1.2. Japan
16.4.1.3. South Korea
16.4.1.4. Rest of Asia Pacific
16.4.2. By Design Type
16.4.3. By End User
16.4.4. By Rated Capacity
16.4.5. By Technology
16.5. Market Attractiveness Analysis
16.5.1. By Country
16.5.2. By Design Type
16.5.3. By End User
16.5.4. By Rated Capacity
16.5.5. By Technology
17. Middle East and Africa Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032
17.1. Introduction
17.2. Pricing Analysis
17.3. Historical Market Value (US$ Mn) Trend Analysis By Market Taxonomy, 2015-2021
17.4. Market Value (US$ Mn) & Forecast By Market Taxonomy, 2022-2032
17.4.1. By Country
17.4.1.1. GCC Countries
17.4.1.2. South Africa
17.4.1.3. Turkey
17.4.1.4. Rest of Middle East and Africa
17.4.2. By Design Type
17.4.3. By End User
17.4.4. By Rated Capacity
17.4.5. By Technology
17.5. Market Attractiveness Analysis
17.5.1. By Country
17.5.2. By Design Type
17.5.3. By End User
17.5.4. By Rated Capacity
17.5.5. By Technology
18. Key Countries Gas Turbine Market Analysis 2015-2021 and Forecast 2022-2032
18.1. Introduction
18.1.1. Market Value Proportion Analysis, By Key Countries
18.1.2. Global Vs. Country Growth Comparison
18.2. US Gas Turbine Market Analysis
18.2.1. Value Proportion Analysis by Market Taxonomy
18.2.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.2.2.1. By Design Type
18.2.2.2. By End User
18.2.2.3. By Rated Capacity
18.2.2.4. By Technology
18.3. Canada Gas Turbine Market Analysis
18.3.1. Value Proportion Analysis by Market Taxonomy
18.3.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.3.2.1. By Design Type
18.3.2.2. By End User
18.3.2.3. By Rated Capacity
18.3.2.4. By Technology
18.4. Mexico Gas Turbine Market Analysis
18.4.1. Value Proportion Analysis by Market Taxonomy
18.4.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.4.2.1. By Design Type
18.4.2.2. By End User
18.4.2.3. By Rated Capacity
18.4.2.4. By Technology
18.5. Brazil Gas Turbine Market Analysis
18.5.1. Value Proportion Analysis by Market Taxonomy
18.5.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.5.2.1. By Design Type
18.5.2.2. By End User
18.5.2.3. By Rated Capacity
18.5.2.4. By Technology
18.6. Germany Gas Turbine Market Analysis
18.6.1. Value Proportion Analysis by Market Taxonomy
18.6.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.6.2.1. By Design Type
18.6.2.2. By End User
18.6.2.3. By Rated Capacity
18.6.2.4. By Technology
18.7. France Gas Turbine Market Analysis
18.7.1. Value Proportion Analysis by Market Taxonomy
18.7.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.7.2.1. By Design Type
18.7.2.2. By End User
18.7.2.3. By Rated Capacity
18.7.2.4. By Technology
18.8. Italy Gas Turbine Market Analysis
18.8.1. Value Proportion Analysis by Market Taxonomy
18.8.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.8.2.1. By Design Type
18.8.2.2. By End User
18.8.2.3. By Rated Capacity
18.8.2.4. By Technology
18.9. BENELUX Gas Turbine Market Analysis
18.9.1. Value Proportion Analysis by Market Taxonomy
18.9.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.9.2.1. By Design Type
18.9.2.2. By End User
18.9.2.3. By Rated Capacity
18.9.2.4. By Technology
18.10. UK Gas Turbine Market Analysis
18.10.1. Value Proportion Analysis by Market Taxonomy
18.10.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.10.2.1. By Design Type
18.10.2.2. By End User
18.10.2.3. By Rated Capacity
18.10.2.4. By Technology
18.11. Nordic Countries Gas Turbine Market Analysis
18.11.1. Value Proportion Analysis by Market Taxonomy
18.11.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.11.2.1. By Design Type
18.11.2.2. By End User
18.11.2.3. By Rated Capacity
18.11.2.4. By Technology
18.12. China Gas Turbine Market Analysis
18.12.1. Value Proportion Analysis by Market Taxonomy
18.12.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.12.2.1. By Design Type
18.12.2.2. By End User
18.12.2.3. By Rated Capacity
18.12.2.4. By Technology
18.13. Japan Gas Turbine Market Analysis
18.13.1. Value Proportion Analysis by Market Taxonomy
18.13.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.13.2.1. By Design Type
18.13.2.2. By End User
18.13.2.3. By Rated Capacity
18.13.2.4. By Technology
18.14. South Korea Gas Turbine Market Analysis
18.14.1. Value Proportion Analysis by Market Taxonomy
18.14.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.14.2.1. By Design Type
18.14.2.2. By End User
18.14.2.3. By Rated Capacity
18.14.2.4. By Technology
18.15. GCC Countries Gas Turbine Market Analysis
18.15.1. Value Proportion Analysis by Market Taxonomy
18.15.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.15.2.1. By Design Type
18.15.2.2. By End User
18.15.2.3. By Rated Capacity
18.15.2.4. By Technology
18.16. South Africa Gas Turbine Market Analysis
18.16.1. Value Proportion Analysis by Market Taxonomy
18.16.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.16.2.1. By Design Type
18.16.2.2. By End User
18.16.2.3. By Rated Capacity
18.16.2.4. By Technology
18.17. Turkey Gas Turbine Market Analysis
18.17.1. Value Proportion Analysis by Market Taxonomy
18.17.2. Value Analysis and Forecast by Market Taxonomy, 2015-2032
18.17.2.1. By Design Type
18.17.2.2. By End User
18.17.2.3. By Rated Capacity
18.17.2.4. By Technology
18.17.3. Competition Landscape and Player Concentration in the Country
19. Market Structure Analysis
19.1. Market Analysis by Tier of Companies
19.2. Market Concentration
19.3. Market Share Analysis of Top Players
19.4. Market Presence Analysis
19.4.1. By Regional footprint of Players
19.4.2. Product footprint by Players
20. Competition Analysis
20.1. Competition Dashboard
20.2. Competition Benchmarking
20.3. Competition Deep Dive
20.3.1. General Electric
20.3.1.1. Overview
20.3.1.2. Product Portfolio
20.3.1.3. Sales Footprint
20.3.1.4. Strategy Overview
20.3.2. Mitsubishi Heavy Industries, Ltd.
20.3.2.1. Overview
20.3.2.2. Product Portfolio
20.3.2.3. Sales Footprint
20.3.2.4. Strategy Overview
20.3.3. Siemens Energy
20.3.3.1. Overview
20.3.3.2. Product Portfolio
20.3.3.3. Sales Footprint
20.3.3.4. Strategy Overview
20.3.4. Ansaldo Energia
20.3.4.1. Overview
20.3.4.2. Product Portfolio
20.3.4.3. Sales Footprint
20.3.4.4. Strategy Overview
20.3.5. United Engine Corporation
20.3.5.1. Overview
20.3.5.2. Product Portfolio
20.3.5.3. Sales Footprint
20.3.5.4. Strategy Overview
20.3.6. Kawasaki Heavy Industries, Ltd.
20.3.6.1. Overview
20.3.6.2. Product Portfolio
20.3.6.3. Sales Footprint
20.3.6.4. Strategy Overview
20.3.7. Capstone Green Energy Corporation
20.3.7.1. Overview
20.3.7.2. Product Portfolio
20.3.7.3. Sales Footprint
20.3.7.4. Strategy Overview
20.3.8. Rolls-Royce plc
20.3.8.1. Overview
20.3.8.2. Product Portfolio
20.3.8.3. Sales Footprint
20.3.8.4. Strategy Overview
20.3.9. Harbin Electric Machinery Company Limited
20.3.9.1. Overview
20.3.9.2. Product Portfolio
20.3.9.3. Sales Footprint
20.3.9.4. Strategy Overview
20.3.10. OPRA Turbines
20.3.10.1. Overview
20.3.10.2. Product Portfolio
20.3.10.3. Sales Footprint
20.3.10.4. Strategy Overview
21. Assumptions and Acronyms Used
22. Research Methodology
Let us know your requirement to get
100% FREE customization
Table 1: Global Gas Turbine Market Value (US$ Mn),By Design Type, 2015 – 2021
Table 2: Global Gas Turbine Market Value (US$ Mn),By Design Type, 2022 – 2032
Table 3: Global Gas Turbine Market Value (US$ Mn), By End User, 2015 – 2021
Table 4: Global Gas Turbine Market Value (US$ Mn), By End User, 2022 – 2032
Table 5: Global Gas Turbine Market Value (US$ Mn), By Technology, 2015 – 2021
Table 6: Global Gas Turbine Market Value (US$ Mn), By Technology, 2022 – 2032
Table 7: Global Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2015 – 2021
Table 8: Global Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2022 – 2032
Table 9: Global Gas Turbine Market, By Region, 2015 – 2021
Table 10: Global Gas Turbine Market, By Region, 2022 – 2032
Table 11: North America Gas Turbine Market Value (US$ Mn),By Design Type, 2015 – 2021
Table 12: North America Gas Turbine Market Value (US$ Mn),By Design Type, 2022 – 2032
Table 13: North America Gas Turbine Market Value (US$ Mn), By End User, 2015 – 2021
Table 14: North America Gas Turbine Market Value (US$ Mn), By End User, 2022 – 2032
Table 15: North America Gas Turbine Market Value (US$ Mn), By Technology, 2015 – 2021
Table 16: North America Gas Turbine Market Value (US$ Mn), By Technology, 2022 – 2032
Table 17: North America Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2015 – 2021
Table 18: North America Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2022 – 2032
Table 19: North America Gas Turbine Market, By Country, 2015 – 2021
Table 20: North America Gas Turbine Market, By Country, 2022 – 2032
Table 21: Latin America Gas Turbine Market Value (US$ Mn),By Design Type, 2015 – 2021
Table 22: Latin America Gas Turbine Market Value (US$ Mn),By Design Type, 2022 – 2032
Table 23: Latin America Gas Turbine Market Value (US$ Mn), By End User, 2015 – 2021
Table 24: Latin America Gas Turbine Market Value (US$ Mn), By End User, 2022 – 2032
Table 25: Latin America Gas Turbine Market Value (US$ Mn), By Technology, 2015 – 2021
Table 26: Latin America Gas Turbine Market Value (US$ Mn), By Technology, 2022 – 2032
Table 27: Latin America Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2015 – 2021
Table 28: Latin America Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2022 – 2032
Table 29: Latin America Gas Turbine Market, By Country, 2015 – 2021
Table 30: Latin America Gas Turbine Market, By Country, 2022 – 2032
Table 31: Europe Gas Turbine Market Value (US$ Mn),By Design Type, 2015 – 2021
Table 32: Europe Gas Turbine Market Value (US$ Mn),By Design Type, 2022 – 2032
Table 33: Europe Gas Turbine Market Value (US$ Mn), By End User, 2015 – 2021
Table 34: Europe Gas Turbine Market Value (US$ Mn), By End User, 2022 – 2032
Table 35: Europe Gas Turbine Market Value (US$ Mn), By Technology, 2015 – 2021
Table 36: Europe Gas Turbine Market Value (US$ Mn), By Technology, 2022 – 2032
Table 37: Europe Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2015 – 2021
Table 38: Europe Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2022 – 2032
Table 39: Europe Gas Turbine Market, By Country, 2015 – 2021
Table 40: Europe Gas Turbine Market, By Country, 2022 – 2032
Table 41: Asia Pacific Gas Turbine Market Value (US$ Mn),By Design Type, 2015 – 2021
Table 42: Asia Pacific Gas Turbine Market Value (US$ Mn),By Design Type, 2022 – 2032
Table 43: Asia Pacific Gas Turbine Market Value (US$ Mn), By End User, 2015 – 2021
Table 44: Asia Pacific Gas Turbine Market Value (US$ Mn), By End User, 2022 – 2032
Table 45: Asia Pacific Gas Turbine Market Value (US$ Mn), By Technology, 2015 – 2021
Table 46: Asia Pacific Gas Turbine Market Value (US$ Mn), By Technology, 2022 – 2032
Table 47: Asia Pacific Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2015 – 2021
Table 48: Asia Pacific Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2022 – 2032
Table 49: Asia Pacific Gas Turbine Market, By Country, 2015 – 2021
Table 50: Asia Pacific Gas Turbine Market, By Country, 2022 – 2032
Table 51: MEA Gas Turbine Market Value (US$ Mn),By Design Type, 2015 – 2021
Table 52: MEA Gas Turbine Market Value (US$ Mn),By Design Type, 2022 – 2032
Table 53: MEA Gas Turbine Market Value (US$ Mn), By End User, 2015 – 2021
Table 54: MEA Gas Turbine Market Value (US$ Mn), By End User, 2022 – 2032
Table 55: MEA Gas Turbine Market Value (US$ Mn), By Technology, 2015 – 2021
Table 56: MEA Gas Turbine Market Value (US$ Mn), By Technology, 2022 – 2032
Table 57: MEA Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2015 – 2021
Table 58: MEA Gas Turbine Market Value (US$ Mn), By Rated Capacity, 2022 – 2032
Table 59: MEA Gas Turbine Market, By Country, 2015 – 2021
Table 60: MEA Gas Turbine Market, By Country, 2022 – 2032
Find your sweet spots for generating winning opportunities in this market.
Talk to AnalystFigure 1: Global Gas Turbine Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 2: Global Gas Turbine Market Absolute $ Historical Gain (2015 - 2021) and Opportunity (2022 – 2032), US$ Mn
Figure 3: Global Gas Turbine Market Share, By Design Type, 2022 & 2032
Figure 4: Global Gas Turbine Market Y-o-Y Growth Projections, By Design Type – 2022-2032
Figure 5: Global Gas Turbine Market Attractiveness Index, By Design Type – 2022-2032
Figure 6: Global Gas Turbine Market Share, By End User, 2022 & 2032
Figure 7: Global Gas Turbine Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 8: Global Gas Turbine Market Attractiveness Index, By End User – 2022-2032
Figure 9: Global Gas Turbine Market Share, By Rated Capacity, 2022 & 2032
Figure 10: Global Gas Turbine Market Y-o-Y Growth Projections, By Rated Capacity – 2022-2032
Figure 11: Global Gas Turbine Market Attractiveness Index, By Rated Capacity – 2022-2032
Figure 12: Global Gas Turbine Market Share, By Technology, 2022 & 2032
Figure 13: Global Gas Turbine Market Y-o-Y Growth Projections, By Technology – 2022-2032
Figure 14: Global Gas Turbine Market Attractiveness Index, By Technology – 2022-2032
Figure 15: Global Gas Turbine Market Share, By Region, 2022 & 2032
Figure 16: Global Gas Turbine Market Y-o-Y Growth Projections, By Region – 2022-2032
Figure 17: Global Gas Turbine Market Attractiveness Index, By Region – 2022-2032
Figure 18: North America Gas Turbine Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 19: North America Gas Turbine Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 20: North America Gas Turbine Market Share, By Design Type, 2022 & 2032
Figure 21: North America Gas Turbine Market Y-o-Y Growth Projections, By Design Type – 2022-2032
Figure 22: North America Gas Turbine Market Attractiveness Index, By Design Type – 2022-2032
Figure 23: North America Gas Turbine Market Share, By End User, 2022 & 2032
Figure 24: North America Gas Turbine Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 25: North America Gas Turbine Market Attractiveness Index, By End User – 2022-2032
Figure 26: North America Gas Turbine Market Share, By Rated Capacity, 2022 & 2032
Figure 27: North America Gas Turbine Market Y-o-Y Growth Projections, By Rated Capacity – 2022-2032
Figure 28: North America Gas Turbine Market Attractiveness Index, By Rated Capacity – 2022-2032
Figure 29: North America Gas Turbine Market Share, By Technology, 2022 & 2032
Figure 30: North America Gas Turbine Market Y-o-Y Growth Projections, By Technology – 2022-2032
Figure 31: North America Gas Turbine Market Attractiveness Index, By Technology – 2022-2032
Figure 32: North America Gas Turbine Market Share, By Country, 2022 & 2032
Figure 33: North America Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 34: North America Market Attractiveness Index, By Country – 2022-2032
Figure 35: Latin America Gas Turbine Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 36: Latin America Gas Turbine Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 37: Latin America Gas Turbine Market Share, By Design Type, 2022 & 2032
Figure 38: Latin America Gas Turbine Market Y-o-Y Growth Projections, By Design Type – 2022-2032
Figure 39: Latin America Gas Turbine Market Attractiveness Index, By Design Type – 2022-2032
Figure 40: Latin America Gas Turbine Market Share, By End User, 2022 & 2032
Figure 41: Latin America Gas Turbine Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 42: Latin America Gas Turbine Market Attractiveness Index, By End User – 2022-2032
Figure 43: Latin America Gas Turbine Market Share, By Rated Capacity, 2022 & 2032
Figure 44: Latin America Gas Turbine Market Y-o-Y Growth Projections, By Rated Capacity – 2022-2032
Figure 45: Latin America Gas Turbine Market Attractiveness Index, By Rated Capacity – 2022-2032
Figure 46: Latin America Gas Turbine Market Share, By Technology, 2022 & 2032
Figure 47: Latin America Gas Turbine Market Y-o-Y Growth Projections, By Technology – 2022-2032
Figure 48: Latin America Gas Turbine Market Attractiveness Index, By Technology – 2022-2032
Figure 49: Latin America Gas Turbine Market Share, By Country, 2022 & 2032
Figure 50: Latin America Gas Turbine Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 51: Latin America Gas Turbine Market Attractiveness Index, By Country – 2022-2032
Figure 52: Europe Gas Turbine Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 53: Europe Gas Turbine Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 54: Europe Gas Turbine Market Share, By Design Type, 2022 & 2032
Figure 55: Europe Gas Turbine Market Y-o-Y Growth Projections, By Design Type – 2022-2032
Figure 56: Europe Gas Turbine Market Attractiveness Index, By Design Type – 2022-2032
Figure 57: Europe Gas Turbine Market Share, By End User, 2022 & 2032
Figure 58: Europe Gas Turbine Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 59: Europe Gas Turbine Market Attractiveness Index, By End User – 2022-2032
Figure 60: Europe Gas Turbine Market Share, By Rated Capacity, 2022 & 2032
Figure 61: Europe Gas Turbine Market Y-o-Y Growth Projections, By Rated Capacity – 2022-2032
Figure 62: Europe Gas Turbine Market Attractiveness Index, By Rated Capacity – 2022-2032
Figure 63: Europe Gas Turbine Market Share, By Technology, 2022 & 2032
Figure 64: Europe Gas Turbine Market Y-o-Y Growth Projections, By Technology – 2022-2032
Figure 65: Europe Gas Turbine Market Attractiveness Index, By Technology – 2022-2032
Figure 66: Europe Gas Turbine Market Share, By Country, 2022 & 2032
Figure 67: Europe Gas Turbine Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 68: Europe Gas Turbine Market Attractiveness Index, By Country – 2022-2032
Figure 69: MEA Gas Turbine Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 70: MEA Gas Turbine Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 71: MEA Gas Turbine Market Share, By Design Type, 2022 & 2032
Figure 72: MEA Gas Turbine Market Y-o-Y Growth Projections, By Design Type – 2022-2032
Figure 73: MEA Gas Turbine Market Attractiveness Index, By Design Type – 2022-2032
Figure 74: MEA Gas Turbine Market Share, By End User, 2022 & 2032
Figure 75: MEA Gas Turbine Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 76: MEA Gas Turbine Market Attractiveness Index, By End User – 2022-2032
Figure 77: MEA Gas Turbine Market Share, By Rated Capacity, 2022 & 2032
Figure 78: MEA Gas Turbine Market Y-o-Y Growth Projections, By Rated Capacity – 2022-2032
Figure 79: MEA Gas Turbine Market Attractiveness Index, By Rated Capacity – 2022-2032
Figure 80: MEA Gas Turbine Market Share, By Technology, 2022 & 2032
Figure 81: MEA Gas Turbine Market Y-o-Y Growth Projections, By Technology – 2022-2032
Figure 82: MEA Gas Turbine Market Attractiveness Index, By Technology – 2022-2032
Figure 83: MEA Gas Turbine Market Share, By Country, 2022 & 2032
Figure 84: MEA Gas Turbine Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 85: MEA Gas Turbine Market Attractiveness Index, By Country – 2022-2032
Figure 86: Asia Pacific Gas Turbine Market Value (US$ Mn) and Year-on-Year Growth, 2015-2032
Figure 87: Asia Pacific Gas Turbine Market Absolute $ Opportunity Historical (2015 - 2021) and Forecast Period (2022 – 2032), US$ Mn
Figure 88: Asia Pacific Gas Turbine Market Share, By Design Type, 2022 & 2032
Figure 89: Asia Pacific Gas Turbine Market Y-o-Y Growth Projections, By Design Type – 2022-2032
Figure 90: Asia Pacific Gas Turbine Market Attractiveness Index, By Design Type – 2022-2032
Figure 91: Asia Pacific Gas Turbine Market Share, By End User, 2022 & 2032
Figure 92: Asia Pacific Gas Turbine Market Y-o-Y Growth Projections, By End User – 2022-2032
Figure 93: Asia Pacific Gas Turbine Market Attractiveness Index, By End User – 2022-2032
Figure 94: Asia Pacific Gas Turbine Market Share, By Rated Capacity, 2022 & 2032
Figure 95: Asia Pacific Gas Turbine Market Y-o-Y Growth Projections, By Rated Capacity – 2022-2032
Figure 96: Asia Pacific Gas Turbine Market Attractiveness Index, By Rated Capacity – 2022-2032
Figure 97: Asia Pacific Gas Turbine Market Share, By Technology, 2022 & 2032
Figure 98: Asia Pacific Gas Turbine Market Y-o-Y Growth Projections, By Technology – 2022-2032
Figure 99: Asia Pacific Gas Turbine Market Attractiveness Index, By Technology – 2022-2032
Figure 100: Asia Pacific Gas Turbine Market Share, By Country, 2022 & 2032
Figure 101: Asia Pacific Gas Turbine Market Y-o-Y Growth Projections, By Country – 2022-2032
Figure 102: Asia Pacific Gas Turbine Market Attractiveness Index, By Country – 2022-2032
Need specific information?
Request CustomizationExplore Oil and Gas Insights
View Reports