Global Gas Turbine Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030

Global Gas Turbine Market Size, Manufacturers, Growth Analysis Industry Forecast to 2030


Summary

A gas turbine, also called a combustion turbine, is a type of internal combustion engine. It has an upstream rotating compressor coupled to a downstream turbine, and a combustion chamber or area, called a combustor, in between.

According to APO Research, The global Gas Turbine market is projected to grow from US$ million in 2024 to US$ million by 2030, at a Compound Annual Growth Rate (CAGR) of % during the forecast period.

North American market for Gas Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Asia-Pacific market for Gas Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The China market for Gas Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

Europe market for Gas Turbine is estimated to increase from $ million in 2024 to reach $ million by 2030, at a CAGR of % during the forecast period of 2025 through 2030.

The major global manufacturers of Gas Turbine include General Electric, Siemens, Mitsubishi Hitachi Power Systems, Wood Group, Kawasaki Heavy Industries, Solar Turbines, Ansaldo Energia, MTU Aero Engines and Sulzer, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

This report presents an overview of global market for Gas Turbine, sales, revenue and price. Analyses of the global market trends, with historic market revenue or sales data for 2019 - 2023, estimates for 2024, and projections of CAGR through 2030.

This report researches the key producers of Gas Turbine, also provides the sales of main regions and countries. Of the upcoming market potential for Gas Turbine, and key regions or countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Gas Turbine sales, revenue, market share and industry ranking of main manufacturers, data from 2019 to 2024. Identification of the major stakeholders in the global Gas Turbine market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, sales, revenue, and price, from 2019 to 2030. Evaluation and forecast the market size for Gas Turbine sales, projected growth trends, production technology, application and end-user industry.

Gas Turbine segment by Company

General Electric
Siemens
Mitsubishi Hitachi Power Systems
Wood Group
Kawasaki Heavy Industries
Solar Turbines
Ansaldo Energia
MTU Aero Engines
Sulzer
MAN Diesel and Turbo
MJB International
Proenergy Services
MAN Energy
BHEL
Gas Turbine segment by Type

Heavy Duty Gas Turbine
Aeroderivative Gas Turbine
Light Duty Gas Turbine
Gas Turbine segment by Application

Power Generation
Oil & Gas
Other
Gas Turbine segment by Region

North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE

Study Objectives

1. To analyze and research the global Gas Turbine status and future forecast, involving, sales, revenue, growth rate (CAGR), market share, historical and forecast.
2. To present the key manufacturers, sales, revenue, market share, and Recent Developments.
3. To split the breakdown data by regions, type, manufacturers, and Application.
4. To analyze the global and key regions Gas Turbine market potential and advantage, opportunity and challenge, restraints, and risks.
5. To identify Gas Turbine significant trends, drivers, influence factors in global and regions.
6. To analyze Gas Turbine competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

Reasons to Buy This Report

1. This report will help the readers to understand the competition within the industries and strategies for the competitive environment to enhance the potential profit. The report also focuses on the competitive landscape of the global Gas Turbine market, and introduces in detail the market share, industry ranking, competitor ecosystem, market performance, new product development, operation situation, expansion, and acquisition. etc. of the main players, which helps the readers to identify the main competitors and deeply understand the competition pattern of the market.
2. This report will help stakeholders to understand the global industry status and trends of Gas Turbine and provides them with information on key market drivers, restraints, challenges, and opportunities.
3. This report will help stakeholders to understand competitors better and gain more insights to strengthen their position in their businesses. The competitive landscape section includes the market share and rank (in sales and value), competitor ecosystem, new product development, expansion, and acquisition.
4. This report stays updated with novel technology integration, features, and the latest developments in the market.
5. This report helps stakeholders to gain insights into which regions to target globally.
6. This report helps stakeholders to gain insights into the end-user perception concerning the adoption of Gas Turbine.
7. This report helps stakeholders to identify some of the key players in the market and understand their valuable contribution.

Chapter Outline

Chapter 1: Provides an overview of the Gas Turbine market, including product definition, global market growth prospects, sales value, sales volume, and average price forecasts (2019-2030).
Chapter 2: Analysis key trends, drivers, challenges, and opportunities within the global Gas Turbine industry.
Chapter 3: Detailed analysis of Gas Turbine manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales and value of Gas Turbine in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Sales and value of Gas Turbine in country level. It provides sigmate data by type, and by application for each country/region.
Chapter 8: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: Concluding Insights.


1 Market Overview
1.1 Product Definition
1.2 Global Market Growth Prospects
1.2.1 Global Gas Turbine Sales Value (2019-2030)
1.2.2 Global Gas Turbine Sales Volume (2019-2030)
1.2.3 Global Gas Turbine Sales Average Price (2019-2030)
1.3 Assumptions and Limitations
1.4 Study Goals and Objectives
2 Gas Turbine Market Dynamics
2.1 Gas Turbine Industry Trends
2.2 Gas Turbine Industry Drivers
2.3 Gas Turbine Industry Opportunities and Challenges
2.4 Gas Turbine Industry Restraints
3 Gas Turbine Market by Company
3.1 Global Gas Turbine Company Revenue Ranking in 2023
3.2 Global Gas Turbine Revenue by Company (2019-2024)
3.3 Global Gas Turbine Sales Volume by Company (2019-2024)
3.4 Global Gas Turbine Average Price by Company (2019-2024)
3.5 Global Gas Turbine Company Ranking, 2022 VS 2023 VS 2024
3.6 Global Gas Turbine Company Manufacturing Base & Headquarters
3.7 Global Gas Turbine Company, Product Type & Application
3.8 Global Gas Turbine Company Commercialization Time
3.9 Market Competitive Analysis
3.9.1 Global Gas Turbine Market CR5 and HHI
3.9.2 Global Top 5 and 10 Company Market Share by Revenue in 2023
3.9.3 2023 Gas Turbine Tier 1, Tier 2, and Tier
3.10 Mergers & Acquisitions, Expansion
4 Gas Turbine Market by Type
4.1 Gas Turbine Type Introduction
4.1.1 Heavy Duty Gas Turbine
4.1.2 Aeroderivative Gas Turbine
4.1.3 Light Duty Gas Turbine
4.2 Global Gas Turbine Sales Volume by Type
4.2.1 Global Gas Turbine Sales Volume by Type (2019 VS 2023 VS 2030)
4.2.2 Global Gas Turbine Sales Volume by Type (2019-2030)
4.2.3 Global Gas Turbine Sales Volume Share by Type (2019-2030)
4.3 Global Gas Turbine Sales Value by Type
4.3.1 Global Gas Turbine Sales Value by Type (2019 VS 2023 VS 2030)
4.3.2 Global Gas Turbine Sales Value by Type (2019-2030)
4.3.3 Global Gas Turbine Sales Value Share by Type (2019-2030)
5 Gas Turbine Market by Application
5.1 Gas Turbine Application Introduction
5.1.1 Power Generation
5.1.2 Oil & Gas
5.1.3 Other
5.2 Global Gas Turbine Sales Volume by Application
5.2.1 Global Gas Turbine Sales Volume by Application (2019 VS 2023 VS 2030)
5.2.2 Global Gas Turbine Sales Volume by Application (2019-2030)
5.2.3 Global Gas Turbine Sales Volume Share by Application (2019-2030)
5.3 Global Gas Turbine Sales Value by Application
5.3.1 Global Gas Turbine Sales Value by Application (2019 VS 2023 VS 2030)
5.3.2 Global Gas Turbine Sales Value by Application (2019-2030)
5.3.3 Global Gas Turbine Sales Value Share by Application (2019-2030)
6 Gas Turbine Market by Region
6.1 Global Gas Turbine Sales by Region: 2019 VS 2023 VS 2030
6.2 Global Gas Turbine Sales by Region (2019-2030)
6.2.1 Global Gas Turbine Sales by Region: 2019-2024
6.2.2 Global Gas Turbine Sales by Region (2025-2030)
6.3 Global Gas Turbine Sales Value by Region: 2019 VS 2023 VS 2030
6.4 Global Gas Turbine Sales Value by Region (2019-2030)
6.4.1 Global Gas Turbine Sales Value by Region: 2019-2024
6.4.2 Global Gas Turbine Sales Value by Region (2025-2030)
6.5 Global Gas Turbine Market Price Analysis by Region (2019-2024)
6.6 North America
6.6.1 North America Gas Turbine Sales Value (2019-2030)
6.6.2 North America Gas Turbine Sales Value Share by Country, 2023 VS 2030
6.7 Europe
6.7.1 Europe Gas Turbine Sales Value (2019-2030)
6.7.2 Europe Gas Turbine Sales Value Share by Country, 2023 VS 2030
6.8 Asia-Pacific
6.8.1 Asia-Pacific Gas Turbine Sales Value (2019-2030)
6.8.2 Asia-Pacific Gas Turbine Sales Value Share by Country, 2023 VS 2030
6.9 Latin America
6.9.1 Latin America Gas Turbine Sales Value (2019-2030)
6.9.2 Latin America Gas Turbine Sales Value Share by Country, 2023 VS 2030
6.10 Middle East & Africa
6.10.1 Middle East & Africa Gas Turbine Sales Value (2019-2030)
6.10.2 Middle East & Africa Gas Turbine Sales Value Share by Country, 2023 VS 2030
7 Gas Turbine Market by Country
7.1 Global Gas Turbine Sales by Country: 2019 VS 2023 VS 2030
7.2 Global Gas Turbine Sales Value by Country: 2019 VS 2023 VS 2030
7.3 Global Gas Turbine Sales by Country (2019-2030)
7.3.1 Global Gas Turbine Sales by Country (2019-2024)
7.3.2 Global Gas Turbine Sales by Country (2025-2030)
7.4 Global Gas Turbine Sales Value by Country (2019-2030)
7.4.1 Global Gas Turbine Sales Value by Country (2019-2024)
7.4.2 Global Gas Turbine Sales Value by Country (2025-2030)
7.5 USA
7.5.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.5.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.5.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.6 Canada
7.6.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.6.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.6.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.7 Germany
7.7.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.7.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.7.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.8 France
7.8.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.8.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.8.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.9 U.K.
7.9.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.9.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.9.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.10 Italy
7.10.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.10.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.10.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.11 Netherlands
7.11.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.11.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.11.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.12 Nordic Countries
7.12.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.12.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.12.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.13 China
7.13.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.13.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.13.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.14 Japan
7.14.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.14.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.14.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.15 South Korea
7.15.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.15.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.15.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.16 Southeast Asia
7.16.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.16.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.16.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.17 India
7.17.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.17.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.17.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.18 Australia
7.18.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.18.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.18.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.19 Mexico
7.19.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.19.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.19.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.20 Brazil
7.20.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.20.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.20.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.21 Turkey
7.21.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.21.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.21.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.22 Saudi Arabia
7.22.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.22.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.22.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
7.23 UAE
7.23.1 Global Gas Turbine Sales Value Growth Rate (2019-2030)
7.23.2 Global Gas Turbine Sales Value Share by Type, 2023 VS 2030
7.23.3 Global Gas Turbine Sales Value Share by Application, 2023 VS 2030
8 Company Profiles
8.1 General Electric
8.1.1 General Electric Comapny Information
8.1.2 General Electric Business Overview
8.1.3 General Electric Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.1.4 General Electric Gas Turbine Product Portfolio
8.1.5 General Electric Recent Developments
8.2 Siemens
8.2.1 Siemens Comapny Information
8.2.2 Siemens Business Overview
8.2.3 Siemens Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.2.4 Siemens Gas Turbine Product Portfolio
8.2.5 Siemens Recent Developments
8.3 Mitsubishi Hitachi Power Systems
8.3.1 Mitsubishi Hitachi Power Systems Comapny Information
8.3.2 Mitsubishi Hitachi Power Systems Business Overview
8.3.3 Mitsubishi Hitachi Power Systems Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.3.4 Mitsubishi Hitachi Power Systems Gas Turbine Product Portfolio
8.3.5 Mitsubishi Hitachi Power Systems Recent Developments
8.4 Wood Group
8.4.1 Wood Group Comapny Information
8.4.2 Wood Group Business Overview
8.4.3 Wood Group Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.4.4 Wood Group Gas Turbine Product Portfolio
8.4.5 Wood Group Recent Developments
8.5 Kawasaki Heavy Industries
8.5.1 Kawasaki Heavy Industries Comapny Information
8.5.2 Kawasaki Heavy Industries Business Overview
8.5.3 Kawasaki Heavy Industries Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.5.4 Kawasaki Heavy Industries Gas Turbine Product Portfolio
8.5.5 Kawasaki Heavy Industries Recent Developments
8.6 Solar Turbines
8.6.1 Solar Turbines Comapny Information
8.6.2 Solar Turbines Business Overview
8.6.3 Solar Turbines Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.6.4 Solar Turbines Gas Turbine Product Portfolio
8.6.5 Solar Turbines Recent Developments
8.7 Ansaldo Energia
8.7.1 Ansaldo Energia Comapny Information
8.7.2 Ansaldo Energia Business Overview
8.7.3 Ansaldo Energia Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.7.4 Ansaldo Energia Gas Turbine Product Portfolio
8.7.5 Ansaldo Energia Recent Developments
8.8 MTU Aero Engines
8.8.1 MTU Aero Engines Comapny Information
8.8.2 MTU Aero Engines Business Overview
8.8.3 MTU Aero Engines Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.8.4 MTU Aero Engines Gas Turbine Product Portfolio
8.8.5 MTU Aero Engines Recent Developments
8.9 Sulzer
8.9.1 Sulzer Comapny Information
8.9.2 Sulzer Business Overview
8.9.3 Sulzer Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.9.4 Sulzer Gas Turbine Product Portfolio
8.9.5 Sulzer Recent Developments
8.10 MAN Diesel and Turbo
8.10.1 MAN Diesel and Turbo Comapny Information
8.10.2 MAN Diesel and Turbo Business Overview
8.10.3 MAN Diesel and Turbo Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.10.4 MAN Diesel and Turbo Gas Turbine Product Portfolio
8.10.5 MAN Diesel and Turbo Recent Developments
8.11 MJB International
8.11.1 MJB International Comapny Information
8.11.2 MJB International Business Overview
8.11.3 MJB International Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.11.4 MJB International Gas Turbine Product Portfolio
8.11.5 MJB International Recent Developments
8.12 Proenergy Services
8.12.1 Proenergy Services Comapny Information
8.12.2 Proenergy Services Business Overview
8.12.3 Proenergy Services Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.12.4 Proenergy Services Gas Turbine Product Portfolio
8.12.5 Proenergy Services Recent Developments
8.13 MAN Energy
8.13.1 MAN Energy Comapny Information
8.13.2 MAN Energy Business Overview
8.13.3 MAN Energy Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.13.4 MAN Energy Gas Turbine Product Portfolio
8.13.5 MAN Energy Recent Developments
8.14 BHEL
8.14.1 BHEL Comapny Information
8.14.2 BHEL Business Overview
8.14.3 BHEL Gas Turbine Sales, Value and Gross Margin (2019-2024)
8.14.4 BHEL Gas Turbine Product Portfolio
8.14.5 BHEL Recent Developments
9 Value Chain and Sales Channels Analysis
9.1 Gas Turbine Value Chain Analysis
9.1.1 Gas Turbine Key Raw Materials
9.1.2 Raw Materials Key Suppliers
9.1.3 Manufacturing Cost Structure
9.1.4 Gas Turbine Sales Mode & Process
9.2 Gas Turbine Sales Channels Analysis
9.2.1 Direct Comparison with Distribution Share
9.2.2 Gas Turbine Distributors
9.2.3 Gas Turbine Customers
10 Concluding Insights
11 Appendix
11.1 Reasons for Doing This Study
11.2 Research Methodology
11.3 Research Process
11.4 Authors List of This Report
11.5 Data Source
11.5.1 Secondary Sources
11.5.2 Primary Sources

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