Global 5-20MW Gas Turbine Market Growth 2025-2031

Global 5-20MW Gas Turbine Market Growth 2025-2031

The global 5-20MW Gas Turbine market size is predicted to grow from US$ 848 million in 2025 to US$ 925 million in 2031; it is expected to grow at a CAGR of 1.5% from 2025 to 2031.

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.

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%.

LP Information, Inc. (LPI) ' newest research report, the “5-20MW Gas Turbine Industry Forecast” looks at past sales and reviews total world 5-20MW Gas Turbine sales in 2024, providing a comprehensive analysis by region and market sector of projected 5-20MW Gas Turbine sales for 2025 through 2031. With 5-20MW Gas Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world 5-20MW Gas Turbine industry.

This Insight Report provides a comprehensive analysis of the global 5-20MW Gas Turbine landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on 5-20MW Gas Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global 5-20MW Gas Turbine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for 5-20MW Gas Turbine and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global 5-20MW Gas Turbine.

This report presents a comprehensive overview, market shares, and growth opportunities of 5-20MW Gas Turbine market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
10-20MW Gas Turbine
5-10MW Gas Turbine

Segmentation by Application:
Oil & Gas
Power Generation

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analysing the company's coverage, product portfolio, its market penetration.
Solar Turbines
Siemens
MAN Energy Solutions
UEC Saturn
Kawasaki Heavy Industries

Key Questions Addressed in this Report

What is the 10-year outlook for the global 5-20MW Gas Turbine market?

What factors are driving 5-20MW Gas Turbine market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do 5-20MW Gas Turbine market opportunities vary by end market size?

How does 5-20MW Gas Turbine break out by Type, by Application?

Please note: The report will take approximately 2 business days to prepare and deliver.