Global Gas Turbine and Steam Turbine and Compressors Competitive Landscape Professional Research Report 2025

Research Summary

Gas turbines, steam turbines, and compressors are all vital components of power generation, industrial processes, and propulsion systems. Gas turbines are internal combustion engines that convert the energy from burning fuel into mechanical energy, primarily used in power plants to generate electricity or in aircraft to provide propulsion. Steam turbines, on the other hand, utilize steam generated by heating water to drive blades mounted on a shaft, converting thermal energy into mechanical energy, commonly employed in power plants, refineries, and other industries. Compressors, meanwhile, are devices that increase the pressure of gases by reducing their volume, crucial for processes such as refrigeration, air conditioning, and gas transportation in various industrial settings. Together, these machines play essential roles in converting energy, powering machinery, and facilitating processes critical to modern infrastructure and technology.

According to DIResearch's in-depth investigation and research, the global Gas Turbine and Steam Turbine and Compressors market size was valued at XX Million USD in 2024 and is projected to reach XX Million USD by 2032, with a CAGR of XX% (2025-2032). Notably, the China market has changed rapidly in the past few years. By 2024, China's market size is expected to be XX Million USD, representing approximately XX% of the global market share. By 2032, it is anticipated to grow further to XX Million USD, contributing XX% to the worldwide market share.

The major global  manufacturers of Gas Turbine and Steam Turbine and Compressors include GE, Siemens, Ansaldo, Solar Turbines, MHI, Dongfang Electric, Shanghai Electric, Harbin Electric, Hangzhou Turbine, Atlas Copco, Kaishan Group, Hanbell, Ingersoll Rand, Ningbo Baosi, East Asia Machinery, Hitachi etc. The global players competition landscape in this report is divided into three tiers. The first tier comprises global leading enterprises that command a substantial market share, hold a dominant industry position, possess strong competitiveness and influence, and generate significant revenue. The second tier includes companies with a notable market presence and reputation; these firms actively follow industry leaders in product, service, or technological innovation and maintain a moderate revenue scale. The third tier consists of smaller companies with limited market share and lower brand recognition, primarily focused on local markets and generating comparatively lower revenue.

This report studies the market size, price trends and future development prospects of Gas Turbine and Steam Turbine and Compressors. Focus on analysing the market share, product portfolio, prices, sales, revenue and gross profit margin of global major manufacturers, as well as the market status and trends of different product types and applications in the global Gas Turbine and Steam Turbine and Compressors market. The report data covers historical data from 2020 to 2024, based year in 2025 and forecast data from 2026 to 2032.

The regions and countries in the report include North America, Europe, China, APAC (excl. China), Latin America and Middle East and Africa, covering the Gas Turbine and Steam Turbine and Compressors market conditions and future development trends of key regions and countries, combined with industry-related policies and the latest technological developments, analyze the development characteristics of Gas Turbine and Steam Turbine and Compressors industries in various regions and countries, help companies understand the development characteristics of each region, help companies formulate business strategies, and achieve the ultimate goal of the company's global development strategy.  

The data sources of this report mainly include the National Bureau of Statistics, customs databases, industry associations, corporate financial reports, third-party databases, etc. Among them, macroeconomic data mainly comes from the National Bureau of Statistics, International Economic Research Organization; industry statistical data mainly come from industry associations; company data mainly comes from interviews, public information collection, third-party reliable databases, and price data mainly comes from various markets monitoring database.

Global Key Manufacturers of Gas Turbine and Steam Turbine and Compressors Include:

GE

Siemens

Ansaldo

Solar Turbines

MHI

Dongfang Electric

Shanghai Electric

Harbin Electric

Hangzhou Turbine

Atlas Copco

Kaishan Group

Hanbell

Ingersoll Rand

Ningbo Baosi

East Asia Machinery

Hitachi

Gas Turbine and Steam Turbine and Compressors Product Segment Include:

Gas Turbine

Steam Turbine

Compressors

Gas Turbine and Steam Turbine and Compressors Product Application Include:

Power Generation

Steel Mill

Others

Chapter Scope

Chapter 1: Product Research Range, Product Types and Applications, Market Overview, Market Situation and Trends

Chapter 2: Global Gas Turbine and Steam Turbine and Compressors Industry PESTEL Analysis

Chapter 3: Global Gas Turbine and Steam Turbine and Compressors Industry Porter’s Five Forces Analysis

Chapter 4: Global Gas Turbine and Steam Turbine and Compressors Major Regional Market Size (Revenue, Sales, Price) and Forecast Analysis

Chapter 5: Global Gas Turbine and Steam Turbine and Compressors Market Size and Forecast by Type and Application Analysis

Chapter 6: North America Gas Turbine and Steam Turbine and Compressors Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 7: Europe Gas Turbine and Steam Turbine and Compressors Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 8: China Gas Turbine and Steam Turbine and Compressors Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 9: APAC (Excl. China) Gas Turbine and Steam Turbine and Compressors Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 10: Latin America Gas Turbine and Steam Turbine and Compressors Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 11: Middle East and Africa Gas Turbine and Steam Turbine and Compressors Competitive Analysis (Market Size, Key Players and Market Share, Product Type and Application Segment Analysis, Countries Analysis)

Chapter 12: Global Gas Turbine and Steam Turbine and Compressors Competitive Analysis of Key Manufacturers (Sales, Revenue, Market Share, Price, Regional Distribution and Industry Concentration)

Chapter 13: Key Company Profiles (Product Portfolio, Sales, Revenue, Price and Gross Margin)

Chapter 14: Industrial Chain Analysis, Include Raw Material Suppliers, Distributors and Customers

Chapter 15: Research Findings and Conclusion

Chapter 16: Methodology and Data Sources