Global Combustion Turbine Market Growth 2023-2029

Global Combustion Turbine Market Growth 2023-2029

Combustion turbine is the engine at the heart of the power plant that produces electric current.A Combustion turbine is a combustion engine that can convert natural gas or other liquid fuels to mechanical energy. This energy then drives a generator that produces electrical energy. It is electrical energy that moves along power lines to homes and businesses.

LPI (LP Information)' newest research report, the “Combustion Turbine Industry Forecast” looks at past sales and reviews total world Combustion Turbine sales in 2022, providing a comprehensive analysis by region and market sector of projected Combustion Turbine sales for 2023 through 2029. With Combustion Turbine sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Combustion Turbine industry.

This Insight Report provides a comprehensive analysis of the global Combustion 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 Combustion Turbine portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Combustion Turbine market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Combustion 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 Combustion Turbine.

The global Combustion Turbine market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Combustion Turbine is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Combustion Turbine players cover General Electric, Siemens Energy, Mitsubishi, Ansaldo, Kawasaki Heavy Industries, Solar Turbines, MAN Energy Solutions, OPRA Gas Turbine and Shanghai Electric, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Combustion Turbine market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Heavy Duty Type
Light Duty Type

Segmentation by application
Power Generation
Oil & Gas
Marine
Other

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 analyzing the company's coverage, product portfolio, its market penetration.
General Electric
Siemens Energy
Mitsubishi
Ansaldo
Kawasaki Heavy Industries
Solar Turbines
MAN Energy Solutions
OPRA Gas Turbine
Shanghai Electric

Key Questions Addressed in this Report

What is the 10-year outlook for the global Combustion Turbine market?

What factors are driving Combustion Turbine market growth, globally and by region?

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

How do Combustion Turbine market opportunities vary by end market size?

How does Combustion Turbine break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

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