Global 5-20MW Gas Turbine Supply, Demand and Key Producers, 2023-2029

Global 5-20MW Gas Turbine Supply, Demand and Key Producers, 2023-2029

The global 5-20MW Gas Turbine market size is expected to reach $ 954.9 million by 2029, rising at a market growth of 1.4% CAGR during the forecast period (2023-2029).

Global key manufacturers of 5-20MW gas turbine include Solar Turbines, Siemens, MAN Energy Solutions, UEC Saturn, Kawasaki Heavy Industries, and others. The top five global manufacturers have a total market share of over 95%, with the largest manufacturer being Solar Turbines with a 48% share. The global origins are mainly distributed in North America, Europe, Japan, etc. North America is the largest production region, with 47% of the market share, followed by Europe, with 45% of the share. In terms of product category, it is divided into 10-20MW gas turbine and 5-10MW gas turbine, with the former holding a larger market share of 60%. In terms of applications, oil and gas is the top application area, with a share of over 60%.

Gas Turbine is a kind of rotating power machine which uses continuously flowing Gas as working medium to convert thermal energy into mechanical work.In the main flow of air and gas, there are only three components of gas Turbine cycle, namely Compressor, Combustor and gas Turbine, which are called simple cycle.Most gas turbines use a simple cycle scheme.Because it has the simplest structure, it can best reflect the unique advantages of gas turbine, such as small volume, light weight, fast start, less or no cooling water and so on.

This report studies the global 5-20MW Gas Turbine production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for 5-20MW Gas Turbine, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of 5-20MW Gas Turbine that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global 5-20MW Gas Turbine total production and demand, 2018-2029, (MW)

Global 5-20MW Gas Turbine total production value, 2018-2029, (USD Million)

Global 5-20MW Gas Turbine production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (MW)

Global 5-20MW Gas Turbine consumption by region & country, CAGR, 2018-2029 & (MW)

U.S. VS China: 5-20MW Gas Turbine domestic production, consumption, key domestic manufacturers and share

Global 5-20MW Gas Turbine production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (MW)

Global 5-20MW Gas Turbine production by Type, production, value, CAGR, 2018-2029, (USD Million) & (MW)

Global 5-20MW Gas Turbine production by Application production, value, CAGR, 2018-2029, (USD Million) & (MW)

This reports profiles key players in the global 5-20MW Gas Turbine market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Solar Turbines, Siemens, MAN Energy Solutions, UEC Saturn and Kawasaki Heavy Industries, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World 5-20MW Gas Turbine market

Detailed Segmentation:

Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (MW) and average price (US$/KW) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.

Global 5-20MW Gas Turbine Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global 5-20MW Gas Turbine Market, Segmentation by Type
10-20MW Gas Turbine
5-10MW Gas Turbine

Global 5-20MW Gas Turbine Market, Segmentation by Application
Oil & Gas
Power Generation

Companies Profiled:
Solar Turbines
Siemens
MAN Energy Solutions
UEC Saturn
Kawasaki Heavy Industries

Key Questions Answered

1. How big is the global 5-20MW Gas Turbine market?

2. What is the demand of the global 5-20MW Gas Turbine market?

3. What is the year over year growth of the global 5-20MW Gas Turbine market?

4. What is the production and production value of the global 5-20MW Gas Turbine market?

5. Who are the key producers in the global 5-20MW Gas Turbine market?

6. What are the growth factors driving the market demand?